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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.

 

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Housing loans surge by Rs192bn

KARACHI: The housing loans handed out by banks surged by 85 per cent, and were recorded at Rs355 billion housing loans in 2021.

The Rs163 billion increase was accredited to increase the housing finance on the directives of the State Bank of Pakistan (SBP) compared to a total of Rs192 billion approved in 2020.

In this regard, the central bank introduced a set of incentives including – third party guarantees during the construction period, waiver of debt burden ratio (DBR) in case of informal income and the introduction of standard facility offer letters by the banks.

 

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