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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

PMRC signs Credit Trust agreement with six banks to promote low-cost housing loans

KARACHI: The Pakistan Mortgage Refinance Company (PMRC) has signed a 10-year risk Credit Guarantee Trust (CGT) agreement with six Islamic and conventional banks to promote low-cost housing loans. The World Bank and the State Bank of Pakistan (SBP) extended their support for the establishment of CGT. The leading banks include Meezan Bank, Habib Bank, Bank Islami, Faysal Bank, JS Bank and Soneri Bank, with PMRC as the trustee. Under this agreement, the PMRC will provide up to 40% risk coverage as a credit guarantee for banks’ housing loans, on a first loss basis. And, it will also facilitate 5 and 10 Marla houses under the private-sector construction projects. While commenting...

The Importance of Real Estate Education in Pakistan

Preamble Real estate is increasingly becoming an industry with a massive potential for growth and investment in Pakistan. With an emerging market, the demand for educated real estate agents is on the rise. This blog by the Iqbal Institute of Policy Studies (IIPS) highlights the importance of real estate education for overcoming the challenges faced by the realty sector.  Real estate education is a global discipline and is gaining ground in Pakistan with a few institutes taking the lead in offering courses on real estate. The blog also presents measures to incorporate real estate as a discipline in Pakistan’s education system.   Research Questions What are the prospects of the real...

Peshawar Model Town initiation set for March 2021

PESHAWAR: Authorities have announced to launch work on Peshawar Model Town in a meeting chaired by Chief Minister Mahmood Khan. The project is set to feature 82,000 residential plots in the provincial capital. The relevant authorities have also been directed to ensure timely completion of all the arrangements for groundbreaking which is scheduled for March of 2021. While discussing the details of the project, it was informed that the detailed master plan and engineering design are underway. Along with being connected to the M-1 Motorway and the BRT route, the project will also house government offices.   For news and blogs, visit Graana.com.  ...

Govt to consider extending PM’s construction amnesty scheme  

ISLAMABAD: Given the success of Prime Minister Imran Khan’s tax amnesty scheme for the construction industry, the Federal Government is considering extending the scheme by three to six months. It was revealed that the Federal Board of Revenue (FBR) has been directed by the PM’s office to prepare a draft of a presidential ordinance to further extend the tax amnesty scheme. As per the deadline, the scheme will expire on December 31, 2020. Promoting construction activities, the authorities registered over 350 projects, with an estimated cost of Rs140 billion under the scheme. However, the final decision will be taken if the International Monetary Fund (IMF) also endorses the proposal.   For news and...

اسلام آباد وائلڈ لائف منیجمنٹ بورڈ نے 1.8 ارب کے منصوبوں کا اعلان کردیا

اسلام آباد: اسلام آباد وائلڈ لائف منیجمنٹ بورڈ کی نئی منیجمنٹ نے شہر کے لیے 1.8 ارب کے منصوبوں کا اعلان کردیا ہے۔ یہ اعلان ہفتے کے روز سنیپ شاٹ مارگلہ ہلز نیشنل پارک ایونٹ میں ہوا جس کی میزبانی ڈیویلپمنٹ کمیونیکیشن نیٹ ورک اور ڈی ٹی این نے پاکستان وائلڈ لائف فاؤنڈیشن کے ساتھ کی۔ ایونٹ کے دوران اسلام آباد وائلڈ لائف منیجمنٹ بورڈ کی چیئر پرسن رینا سعید نے یہ اعلان کیا کہ 1.8 ارب کے منصوبوں کا پلان تیار ہے اور اس کے پی سی ون کو منظوری کے لیے وزارتِ ماحولیات کے سامنے پیش کردیا گیا ہے۔ منصوبوں کے بارے میں بات کرتے ہوئے اُنہوں نے...

The 7 Best Parks in Karachi You Must Visit

Parks are crucial for the beautification and infrastructure of any country. They not only enhance the beauty of the place but also provide other important benefits to the society including fresh air, greenery, and a place to enjoy quality time with friends and family. Karachi, the metropolitan city of Karachi is blessed with some of the best parks in Pakistan. These parks have state of the art infrastructure and a huge variety of recreational activities for both adults and children. In this blog, we bring you a list of parks that you can visit today with your friends and family. So, let’s get started! List of Best Parks in Karachi Aram Bagh Bagh...

Remittances through Roshan Digital Accounts surpass $200mn

ISLAMABAD: The remittances transferred through Roshan Digital Accounts surpassed $200 million, it was announced. The $200 million mark was achieved in 28 days, whereas the first $100m mark was achieved in 76 days. On this occasion, Prime Minister Imran Khan took to Twitter to thank the overseas Pakistanis for the $200 million funds transferred through the digital service launched by the State Bank of Pakistan. The SBP recorded the highest-ever single day remittance of $7.70 million on December 10, this year. The Roshan Digital Account provides complete digital banking solutions for the overseas Pakistani diaspora, offering ease of payment and investment facilities in various sectors of Pakistan, including real estate, stocks,...

روشن ڈیجیٹل بینک اکاؤنٹ میں جمع کرائی گئی رقوم 200 ملین ڈالر کی سطح عبور کر گئیں

کراچی: بدھ کے روز روشن ڈیجیٹل اکاؤنٹ کے ذریعے بھیجی گئی رقوم 200 ملین ڈالر کی سطح عبور کر گئیں۔ اِس سطح کو عبور کرنے پر وزیر اعظم عمران خان نے بیرون ملک مقیم پاکستانیوں کا شکریہ ادا کیا۔ جمعرات کو ایک ٹویٹ میں وزیر اعظم نے کہا کہ وہ فنڈز بھیجنے پر ملک کے عظیم اثاثہ کا شکریہ ادا کرنا چاہتے ہیں۔ انہوں نے ٹویٹ کیا کہ پہلے 100 ملین ڈالر 76 دنوں میں موصول ہوے اور اگلے 100 ملین ڈالر صرف 28 دنوں میں آئے۔ 10 دسمبر کو روشن ڈیجیٹل اکاؤنٹ کو اب تک کی سب سے زیادہ یعنی 7.70 ملین ڈالر کی ترسیلات موصول ہوئیں۔ وزیر اعظم...

Pakistan maintains current account surplus for 5th consecutive month

KARACHI: Pakistan has recorded a current account surplus for the fifth consecutive month, reporting a surplus of $447 million in November. The current account stands at $1.64 billion in the ongoing fiscal year 2021. The State Bank of Pakistan cited an improved trade balance and an increase in the flow of remittances for the recorded surplus. Pakistan also recorded an inflow of $200 million worth of remittances through the Roshan Digital Accounts.   For news and blogs, visit Graana.com. ...

سیمنٹ اور سٹیل کی قیمتوں میں مسلسل اضافہ

کراچی: کورونا ویکسین کے اجراء کے بعد دنیا بھر میں تعمیراتی سرگرمیوں میں اضافہ دیکھنے میں آیا ہے جس کے باعث پاکستان میں بھی سیمنٹ اور سٹیل کی قیمتوں میں اضافہ ہوا ہے۔ تفصیلات کے مطابق دنیا بھر میں سکریپ کی قیمت میں فی ٹن تقریباً 60 ڈالر تک کا اضافہ ہوا ہے۔ عالمی منڈی میں اِس اضافے کا اثر براہِ راست پاکستانی مارکیٹ پر بھی ہوا ہے۔ ماہرین کے مطابق نومبر کے آغاز میں سکریپ کی قیمت 300 ڈالر فی ٹن تھی مگر اب یہ قیمت 450 ڈالر تک پہنچ گئی ہے۔ اس اضافے کے بعد لوکل ملوں نے خام مال کی خرید کا عمل روک...