Islamabad - The stalled housing scheme for the federal government employees in Bhara Kahu area yesterday breathed again after the government and private contractor reached an agreement.

According to officials, the executive committee and board of directors of Federal Government Employees Housing Foundation and M/S Green Tree Private Limited agreed to resolve all issues amicably. The board gave 60 days timeframe to the firm to complete the remaining operations related to land development and acquisition, said FGEHF spokesperson.

The official said that in order to accommodate increasing number of registered members, the board also accorded approval to co-opt six private sector partners and substantially increase its land bank through joint ventures. The contractor will provide new layout plan and maps of the colony, besides providing alternate plots against those which are not levelled or are difficult to construct. The payment dispute between FGEHF and the contractor has already been resolved with the intervention of NAB. It has been decided that FGEHF will pay all the outstanding payments through NAB.

Bhara Kahu Housing Scheme was launched in 2009. The FGEHF registered more than 37,900 members under membership drive-1. In the first phase, 2500 registered members have been offered allotment letters. To accommodate all other members, 10,000 kanals of land adjacent to the scheme has been acquired while additional 14,000 kanals of land are under acquisition.

The officials are confident that the federal government employees who have applied under different categories of Bhara kahu scheme will get their residential plots soon.

“It is a major breakthrough. In the next two months we will get developed plots and then we will initiate allotment process. The successful candidates will get their plots in 2016 positively,” the official said.