DEVELOPMENT OF
FIVE MILLION
APARTMENTS FOR 20
MILLION PEOPLE

Development of Five Million Apartments for 20 Million People in Pakistan Living in the slums and unsafe buildings

3.5 million apartments in 10 larger cities and 1.5 million in 15 smaller cities.

Town plans of all these cities will be revisited and completed in 12 months and the following critical decisions need to be made.
Site Selection for Apartment Buildings.
Solid waste and liquid waste disposal systems and sites.
Special zoning areas for construction of five to ten-story apartment buildings along mass transit exits (circular railway, orange train, metro, ring road, etc) as shown on transit
Maps of Karachi and Lahore. The land will be acquired by the federal government at fair market value.

Buildings should be earthquake resistant with the ability to endure at least a category eight earthquake on the Richter scale.
Experts should implement Passive Solar design buildings so as to safeguard residents from the nine-month-long hot weather. Apartments layouts could range from 1-2 bedrooms, approx. 1000 SF.

Be given to those people currently living in unplanned dirty colonies and older unsafe buildings in downtowns.
Have a monthly rent based on

-                                        Income
+                                        Income Rent
-                                        RS 25,000
+,000
-                                        RS 50,000
+,000
-                                        RS 100,000
+,000

not be sold or given any type of ownership (that can cause legal issues when families grow)

After residents move into the new apartments, the unplanned colonies should be converted into Green Belts, specifically for playgrounds, libraries, and schools. All the residents of a single unplanned colony should be moved at one into a new building. Conversion to Green Belts should occur immediately after.
This will effectively develop the country and give the poor reasonable living conditions.

There will be a zero-tolerance policy for future slums, and unsafe buildings in and outside of cities, or anywhere in Pakistan.

To build five million apartments, the estimated cost will be $200 Billion dollars (40/SF). To complete these apartments in 10 years duration, 20 billion per year is needed. 5 billion is equity and 15 billion will be a loan

$ 25 Billion can be generated by selling land for 100 high-rise buildings. This land will come from special district zoning in the downtown areas of different cities.
Land (given to landlords by the British in 1947) used for welfare organizations until the 1980s and later sold/leased at a nominal rate to powerful individuals should be repossessed and auctioned off. This can generate approximately $ 25 Billion throughout the country.

For the 5 million apartments the estimated yearly rent collection will be $6 Billion. About $3 Billion will be required for maintenance and $3 Billion can be used as interest payment on the $150 billion loans. If the project is structured correctly and professionally, the $150 Billion loans can possibly be arranged at 2% annual interest. Pakistan can easily pay this back in ten to twenty years.

Special zoning areas for construction of three-story townhouses on land acquired from government-owned big houses (IG, DIG, SSP, SP, DSP, Commissioner, Deputy Commissioner, Assistant Commissioner, Chief Secretary, Secretaries, Chief Engineers, etc).
Townhouses should be leased to current government employees (doctors, engineers, teachers, professors) who do not have homes.