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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

The Proposed Local Govt Act 2021: Impacts of the Local Govt. System of Islamabad

Introduction A key tenet of democracy is the statutory delegation of power from the federal, provincial and then to the level of the local government. This type of devolution decentralizes the government and creates multiple levels of legislative authority, producing a three-tier system of devolution of power. Consequently, power is precipitated proportionally to the level of governmental authority rather than flowing unimpeded from the federal government directly to the masses. The most important aspect of a local government system is the understanding of the government with the masses at the grassroots level. For instance, a municipal matter of a particular residential locality would be more efficiently resolved through...

پراپرٹی مالک اور کرایہ دار کے حقوق کا تحفظ یقینی بنانے کے لیے ثالثی کونسل کی منظوری

اسلام آباد کی 80 فیصد سے زائد آبادی کرایہ کے مکانوں یا فلیٹس میں رہتی ہے جس کی وجہ سے پیچیدہ قسم کے سماجی و قانونی مسائل جنم لیتے ہیں۔ پہلے پہل عام طور پر جائیداد کی ملکیت کے کاغذات بھی نہیں ہوا کرتے تھے۔ کرایہ داری کے معاہدات بھی زبانی ہوا کرتے تھے کرایہ داری قوانین بھی مروج نہیں تھے۔ محض زبانی کلامی بات کا پاس رکھا جاتا تھا۔ اس وقت کے تنازعات میں عموماً لاعلمی، جاہلیت، انا یا لالچ کا عنصر کارفرما ہوتا تھا۔ لاعلمی، خوف اور لالچ کی وجہ سے مالکان یہ سمجھتے ہیں کہ طویل عرصے تک کرایہ دار رہنے والا شخص جائیداد کا مالک...

Tips for First Time Real Estate Investors 

When entering the real estate investing field for the first time, novice investors are likely to feel overwhelmed. Investment careers require extensive research and mental preparation, whether they are part-time or full-time.  Considering buying a property for investment purposes? There are many reasons to think that it is a good investment since it has produced many of the wealthiest people in the world. Like any investment, educating oneself before making a purchase is a wise move.  Investing in real estate for beginners takes a certain amount of research and a mindset to invest successfully, but by doing the right research and keeping an open mind, some of the confusion...

Rani Bagh being handed over to the private sector

HYDERABAD: Government plans to hand over Rani Bagh, one of the largest recreational areas to the private sector to revive it. According to Hyderabad Deputy Commissioner, Rani Bagh will be handed to the private sector under the public-private partnership model. The government is taking a consultant on board to conduct a feasibility study. According to DC Hyderabad, there was a need for recreational activities in the city. He went on to say that the existing facility’s standard needed to be raised to a new level with modern amenities. The documents will be available to prospective private companies from November 18 to December 22, and the bids will be opened publicly...

How renting can help mitigate the housing crisis in Pakistan?

Pakistan suffers from a large housing backlog of 10.3 million houses. There is a huge demand for housing that is responsible for the skyrocketing prices of residential real estate and housing. However, there is a misconception between the need and demand for housing or the capacity to choose preferred housing. Housing affordability in this context is the housing units that are affordable by that section of society whose income is below the median household income. Several factors can contribute to the unaffordability of houses, like high land costs and building costs. Despite the involvement of the government to provide housing to low-income groups, the provision of affordable housing...

Joint session of Parliament passes 6 bills for Islamabad

ISLAMABAD: The joint session of Parliament passed six bills related to Islamabad, including the Rent Restriction Amendment Bill. Special Assistant to the Prime Minister (SAPM) on Capital Development Authority Affairs presented the Rent Restriction Bills. “The amended laws require every agreement between a landlord and a tenant to be handed to the controller for record-keeping. Cross checks or an official receipt are required for all payments relating to the tenancy agreement. Unless the parties agree otherwise in writing, the rent of residential and non-residential buildings will automatically increase by 10 per cent each year. It also stated that there should be a mediation council for dispute resolution by the...

نوجوانوں کیلئے ریئل اسٹیٹ میں سرمایہ کاری کیوں ضروری ہے؟

کہتے ہیں کہ نوجوانی عمر کا وہ مرحلہ ہوتا ہے جس میں انسان اپنی زندگی کے پیٹرن کا تعین کرسکتا ہے۔ آج کل کے دور میں جہاں وسائل کم اور مسائل بڑھ رہے ہیں، معاملہ فہمی اور زندگی کے اُتار چڑھاؤ پر عبور وقت کی اہم ترین ضرورت ہے۔ ایسے میں خود کو معاشی لہاظ سے محفوظ بنانے کا عمل انتہائی تیزی سے طے کرنا بھی ضروری ہے اور زندگی میں رسک فیکٹر کم سے کم کرنا بھی اہم۔ ریئل اسٹیٹ سیکٹر میں سرمایہ کاری کو خود کو کم وقت میں مالیاتی طور پر آگے بڑھانے کیلئے مفید قرار دیا جاتا ہے۔ چونکہ آبادی بڑھ رہی ہے اور...

PMU approved to accelerate work on Gandhara Valley City project

PESHAWAR: In a bid to accelerate work on the proposed Gandhara Valley City project, the Khyber Pakhtunkhwa (KPK) government has approved the formation of a dedicated Project Management Unit (PMU). The decision was passed during the Peshawar Development Authority’s 7th board meeting, chaired by Chief Minister Khyber Pakhtunkhwa. The chief minister ordered the Peshawar Development Authority to advertise important positions for the PMU’s creation and set timelines for immediately completing the hiring process. The forum was told that  “Gandhara Valley City,” stretched across 108000 kanals of land, would include residential and commercial areas,  media enclave, provincial administration, among other amenities,  and that the city would have state-of-the-art civic...

گندھارا ویلی پراجیکٹ سے متعلق پراجیکٹ مینجمنٹ یونٹ کی منظوری دے دی گئی

پشاور: خیبرپختونخوا حکومت نے صوبے کے سب سے بڑے رہائشی منصوبے گندھارا ویلی سٹی پر عمل درآمد کے سلسلے میں ایک اہم پیشرفت کے طور پر پراجیکٹ مینجمنٹ یونٹ کے قیام کی باقاعدہ منظوری دے دی ہے تاکہ اس مجوزہ منصوبے پر جلد سے جلد عملی پیشرفت کا آغاز کیا جا سکے۔ وزیراعلیٰ خیبر پختونخوا محمود خان نے مذکورہ پراجیکٹ مینجمنٹ یونٹ کے قیام کیلئے کلیدی عہدوں پر بلا تاخیر تعیناتیاں عمل میں لانے کیلئے پشاور ڈویلپمنٹ اتھارٹی کو آسامیاں جلد سے جلد مشتہر کرنے اور بھرتیوں کے عمل کو کم سے کم ممکنہ وقت میں مکمل کرنے کیلئے ٹائم لائنز مقرر کرنے کی ہدایت کی ہے۔ وزیراعلیٰ خیبر...