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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

Gatwala Commercial Hub

Sino-Pak researchers propose CPEC Digital Transformation Centre

ISLAMABAD: Pakistani and Chinese researchers met to propose the establishment of a CPEC Digital Transformation Centre (DTC) in Pakistan. Scholars from Xi’an Jiao Tong University, University of Peshawar, Chinese University of Political Science and Law, and Islamia College University concluded in their study that CPEC needs to be digitalised by initiating a DTC in the country. The centre has been proposed to be established at the CPEC Authority office, allowing the country to attract businesses and investors alongside CPEC’s progress. The establishment of this institution will allow the country to take advantage of CPEC funding and foreign investments by transparently managing them through a digital platform. Since the economic...

SBP raises interest rate to 13.75%

In a bid to tackle soaring inflation, the State Bank of Pakistan (SBP) approved a 150-basis point (bps) increase on Monday, taking the base interest rate up to 13.75% from 12.25%.  The decision came as Finance Minister Miftah Ismail travelled to Doha to hold talks with the International Monetary Fund (IMF) about the renewal of the $6 billion loan program.  Although this move was widely expected, policymakers went beyond the predicted level of 100 bps. It marked the biggest rate hike in about 11 years, when the policy rate was recorded at 14% in May 2011. Since September 2021, the SBP has cumulatively increased the rate by 675 basis...

A Guide to Rental Property Financing

Rental property financing is complex for new investors to understand. Real estate investments are highly desirable as they provide opportunities for sustainable growth. For the majority of investors, buying rental properties can be the right way to start in real estate. Rental properties can be a source of healthy passive income. With time, expanding and diversifying this real estate portfolio becomes desirable. However, financing the first rental property can be challenging. For a first-time real estate investor, the right funding for the first rental property is essential, otherwise, it can turn out to be a problem in the future. However, financing has become very difficult for new investors due...

Things You Need to Know About False Ceilings

False ceilings are an excellent element for your house to make a transformational change that is not only decorative but also beneficial. If you’re one for keeping your roofs plain and simple, it is time to rethink your decision. Since roofs are an integral feature in all constructions, enhancing them with drop ceilings will add to the protection of your house whilst making them aesthetically pleasing. Graana.com, Pakistan’s smartest property portal, brings you an all-inclusive guide on the uses and benefits of false ceilings in homes.   What is a False Ceiling?   Source: Pinterest   False ceilings (or Drop Ceilings) are an artificial layer hung below the actual roof. This helps in hiding all...

SAP S/4HANA Go-Live ceremony held at IMARAT

A ceremony was held at IMARAT Head Office, Islamabad to commemorate the successful launch of SAP S/4HANA by Excellence Delivered (ExD) at IMARAT Group of Companies.  The event was attended by Chairman Shafiq Akbar, Directors Farhan Javed, Taimoor UI Haq Abbasi and Arslan Javed, and Project Manager Muhammad Imran. The top management of ExD was also present, notably CEO Wasil Amjad, Chairman Sajjad Syed, COO Asher Kazmi and Senior SAP Project Manager Haroon Rashid.  “With an IT landscape as large and complex as IMARAT’s,” stated Mr. Shafiq Akbar. “It is important to keep implementing new technology solutions to become sustainable enterprises. SAP is one such opportunity that can support...

CDA plans to approve Islamabad Expressway expansion project

ISLAMABAD: The expansion of Islamabad Expressway from PWD to Grand Trunk (G.T.) Road is expected to initiate soon as the Capital Development Authority (CDA) is on-board to approve the project. The project will be executed through a government-owned contractor agency. CDA officials have confirmed that several government-run contractors were shortlisted for the project, but the main firms that are likely to be approved are the National Logistic Cell (NLC) and the Frontier Work Organisation (FWO). The NLC and FWO are already involved in many CDA projects, and this contract will add another Rs.11 billion project to their portfolio. Apart from widening and expanding the expressway, construction of the Sohan...

Art Galleries in Lahore: Overview, History & More

From its gritty neighbourhoods to glittering nightlife, an electric and energising tension lies just beneath the rigid surface of Lahore. The city has always been synonymous with art and creativity. In recent years especially, a number of community centres, performance venues and art galleries in Lahore have weaved new strength into its cultural fabric, making it a creative epicentre.  Pakistan has a long and rich history in visual art, including painting, sculptures, textiles and decorative arts. Lahore celebrates generations of renowned artists by exhibiting a wide range of their mediums, styles and experiments. You can view the kernels of brilliance of those who are masters of their respective...

How to Remove Hidden Costs of Home Renovation

Home renovation is a complex process; the associated hidden costs may, in fact, come as a surprise to many property owners. Generally, all property owners set a budget before commencing any renovation work. This includes everything from demolition costs to buying new objects. However, the final cost of each renovation project may still end up costing more than initial estimates. A hidden cost is usually the result of inaccurate calculations that both contractor and property owner may have made before starting the project. Understanding the scope of the renovation is important in predicting the right cost. Moreover, proper planning is also essential to remove any hidden costs. Graana.com, Pakistan’s...

Types of Building Foundations

Choosing the right foundation is one of the most important decisions when building single-family homes, skyscrapers, or superstructures. Any building’s foundation serves two purposes: it evenly distributes the weight and prevents any groundwater and moisture from seeping inside the structure. The sort of foundation acceptable for your project will be determined by the topography, geology, and pedology (the study of soil) of your construction site, as well as the size and type of your building, among other criteria. Graana.com, Pakistan’s smartest property portal, discusses the most prevalent types of foundations (and examples of each) below to help give an understanding of the benefits of each. Different Types of Foundation It is...

How to Cool Down Your Homes During Heatwaves

Heatwaves are prolonged periods of hot weather usually accompanied by high humidity. Over the past few years, there has been a significant increase in heatwaves due to global warming. Countries such as Pakistan and India have been most affected, with temperatures rising above 50 degrees Celsius in most parts. Heatwaves are caused when hot air or radiations from the sun are trapped inside the atmosphere. In most parts of the world, population exposure to heatwaves is due to climate change. According to WHO, 125 million people were affected due to heatwaves from 2000 to 2016. The number has been much higher in recent years. Heatwaves can cause serious health...