FGEHF

AcronymDefinition
FGEHFFederal Government Employees Housing Foundation (Pakistan)
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The firm purchased land for between Rs50,000 and Rs95,000 per kanal from local villagers in three revenue estates in Bhara Kahu but sold it to FGEHF for over Rs900,000 per kanal.
The Committee directed FGEHF to ensure compliance of decision of the Federal Cabinet and concerns of the members of the Standing Committee on Housing and Works before initiation of development work on Thallian Interchange Joint Venture Housing Project.
He further informed that provision of essential services and maintenance in both the sectors falls within the purview of FGEHF subsequent to the decision of Federal Ombudsman and the Foundation had initiated the process of maintenance in both the sectors.
The FGEHF cannot acquire land for the expansion of its Bhara Kahu project because of a ban imposed by the Ministry of Interior in 2016 in response to public complaints that the foundation was forcefully acquiring land from locals.
The Minister has also directed the concerned officials to reconcile the entire previous fund which had been given to CDA for development work and if there is any shortfall, FGEHF will be liable to compensate it.
The IHC in its verdict last month had said these sectors should have been developed by the Capital Development Authority (CDA) rather than the FGEHF.
He said the FGEHF has entered into a joint venture agreement with M/s K.
The Committee observed that the roads in adjoining G-13 and G-14 Sectors under the FGEHF were in dilapidated condition apart from acute shortage of water.
Secretary Naveed Akram Cheema, Tariq Pirzada, Director General FGEHF, along with other distinguished guests and officers of FGE Housing Foundation were also present at the occasion.
He said the FGEHF has made a joint venture agreement with M/s K.
As per the petition, the Capital Development Authority (CDA) Ordinance, 1960, is a special law under which the CDA is the only forum to acquire the land for development of housing society, adding that the proposed acquisition of land is also in violation of the prime minister's directive which required the ministries of housing, law, the Finance Division and Pak Public Works Department to launch a housing scheme through Cooperative Housing Society for the members of the Supreme Court Bar Association but unluckily the FGEHF started a financial venture and that too by way of having recourse to illegal acquisition mechanism for establishing a housing scheme for legal fraternity on parity basis.
The mandate of FGEHF is to provide shelter to the shelterless federal government employees and other specified groups on No Profit No Loss basis.