[en] Generalized frequency division multiplexing is a multicarrier modulation technique which can be foreseen as a potential alternative for upcoming wireless networks. GFDM attractive features include reduced out-of-band radiation(OOB) and low peak-to-average ratio(PAPR), which are the crucial shortcomings of OFDM used in present day wireless communication networks. This paper gives detailed description of GFDM system model and further studies and validates through simulations, the performance of GFDM in terms of OOB, PAPR and Bit Error Rate (BER) and compares the results obtained with OFDM system.