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Home National

NAB arbitration resolves Bhara Kahu project’s issues

byCustoms Today Report
01/07/2015
in National
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ISLAMABAD: The Federal Government Employees Housing Foundation (FGEHF) said that dispute between Green Tree Limited and FGEHF over Bhara Kahu housing scheme would be resolved with arbitration of NAB.

The FGEHF official on Wednesday said that Housing Foundation purchased 3000 kanals of land in Bhara Kahu from Green Tree Ltd, after an agreement in 2009 for creation of 3,254 plots.

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The FGEHF official said that NESPAK undertook a survey in Bhara Kahu and submitted a report that additional 800 kanal of plain land would be required to cater the requisite number of plots.

He said on intervention of National Accountability Bureau (NAB) Rawalpindi, all outstanding issues would be resolved and M/s Green Tree Ltd has agreed to commence work on the site immediately.

This augurs well for federal government employees who are waiting for many years for allotment of plots, he added.

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