ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA), through its Joint Venture Projects (JVP) Wing and the Future Development Holdings (Private) Limited (FDHL) signed a Memorandum of Understanding (MoU) for the development of a housing scheme in a prime location of Rawalpindi District.
The MoU marks an important step towards expanding quality residential facilities for federal government employees and the general public through collaboration with the private sector. Under the agreement, the FGEHA and FFDHL will collaborate to develop a modern housing scheme on approximately 2,000 kanals of land situated within the limits of Capital Smart City, Tehsil and District Rawalpindi. The project will be developed under the Land Sharing Model, aimed at utilizing available resources effectively and facilitating the development of modern residential facilities.
The ceremony was attended by Executive Director FDHL, Brigadier Muhammad Nadeem Aslam (Retd), and senior officials of FGEHA. The MoU was signed on behalf of FGEHA by Chief Engineer Syed Muhammad Hassan and on behalf of FDHL by Executive Director Brigadier Muhammad Nadeem Aslam (Retd).
Speaking on the occasion, Director General FGEHA, Capt Muhammad Zafar Iqbal (Retd), stated that Capital Smart City is a modern and well-planned residential development designed to provide residents with a high standard of living and a comprehensive range of essential and contemporary facilities.
He highlighted that the project offers a range of amenities, including quality educational institutions, community centers, mosques, parks, sports facilities, commercial areas, healthcare services and other essential civic amenities. Its wide roads, landscaped green belts, organized infrastructure and modern urban facilities contribute to a well-planned residential environment. He observed that Capital Smart City represents more than a housing scheme, offering an integrated urban setting designed to provide families with comfort, convenience, recreation and improved living standards.
The MoU also marked a new phase in the development of modern housing projects for federal government employees, with a focus on quality, transparency and efficient implementation.
Copyright Business Recorder, 2026