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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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SBP formulates payment mechanism for markup subsidy housing finance

KARACHI: The State Bank of Pakistan (SBP) on Tuesday formulated a comprehensive payment mechanism for markup subsidy housing finance.

According to the details, the SBP shared the payment mechanism with Development Finance Institutions (DFIs), Executive Agencies (EAs), and banks.

As per the circular issued by the central bank, the EAs will scrutinize the applications of the housing finance applicant according to the framework of markup subsidy housing finance.

The markup subsidy scheme will be extended on the basis of different tiers as formulated under the payment mechanism.

 

For more news, visit Graana.com 

 

 

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