Overview: Established in the early 1980s, Block 1, Gulistan-e-Johar is a mid-range residential neighbourhood. Property options include apartments and houses. Approximately 80% is built-up; property prices increase by eight to 10% each year.
What is nearby: University of Karachi is a five-minute drive away.
Boundaries: University Road (north), Block 12, Gulistan-e-Johar (east), Block 15, Gulistan-e-Johar (south) and Johar Chowrangi Road (west).
Available utilities include: Electricity, gas, sewerage, telephones and water.
Available amenities include: A commercial area, mosques,parks and schools.
Nearby recreational avenues include: Aladin Amusement Park and Safari Park.
Nearby eateries include: Chips NDips, Pizza Hut, Pizza Point and Stackers Burger Café.
The prices (in rupees) of residential property in Block I,Gulistan-e-Johar, Karachi, are as follows:
Apartments | Purchase price ranges | |||
(Number of bedrooms) | ||||
2 | 6-7 million | |||
3 | 10-13 million | |||
Houses | ||||
Plot sizes | Purchase price | Monthly rental | ||
(sq yds) | ranges | ranges | ||
120 | 15-20 million | 23,000-25,000 | ||
240 | 28-32 million | 50,000-75,000 | ||
400 | 35-42 million | 150,000-240,000 | ||
600 | 58-65 million | 250,000-380,000 |
Vacant Plots | |
Plot sizes | Purchase price |
(sq yds) | ranges |
120 | 10-12 million |
240 | 18-22 million |
400 | 28-35 million |
600 | 38-45 million |
By Uzma Khateeb Nawaz. Information provided by Karachi Estates.