322 households in GB will receive land tenure titles. With help from the International Fund for Agricultural Development (IFAD), the Gilgit-Baltistan government changed its policies and gave secure land titles to 322 households in Kharfaq village in Ghanche district on Monday.
Under Gilgit-Economic Baltistan’s Transformation Initiative (ETI), about 30,000 households will get secure land titles for a total of 50,000 acres of land. ETI is a seven-year project that the UK government and IFAD are paying for together. Women who ran their own homes also benefited and got land titles.
Read more with EL news: FGEHA instructs contractors to hasten housing project work
Securing land title has been difficult, and land titling in Gilgit-undeveloped Baltistan’s areas has been on hold for 36 years. This has been a significant problem for the population regarding investing in land development, agribusiness, and, most importantly, using it as collateral to access formal finance.
At the regional office of the Economic Transformation Initiative in Skardu, Hubert Boirard, who is in charge of IFAD in Pakistan, and Shuja Alam, in order of the Baltistan Division, gave land titles to families.
Keep up with Estate Land Marketing for news and updates.