Overview: Block 1, Gulshan-e-lqbal, is a mid-range neighborhood located near Block 13 D. Residential property options include apartments and houses. It is completely built-up; the demand and value of property increases by six to eight percent each year.
What is nearby: University of Karachi is a 15-minute drive away.
Boundaries: Lyari Expressway (north), Block 2, Gulshan-e-lqbal (east), Allama Shabbir Ahmed Usmani Road (south) and Zia Colony (west).
Available utilities include: Electricity, gas, sewerage, telephones and water. Available amenities indude: A commercial area, mosque, parks and schools.
Nearby recreational avenues include: Aladin Amusement Park, Aziz Bhatti Park, Go Aish Adventure Park and PIA Planetarium.
Nearby eateries include: Broadway Pizza, KFC, Pizza Hut, Pizza Max, Pizza Point and Usmania Restaurant.
The prices (in rupees) of residential property in Block 1, Gulshan-e-lqbal, Karachi, are as follows: Apartments
Apartments (Number of bedrooms) | Purchase price ranges | Monthly rental ranges |
2 | 5-7 million | 25,000-28,000 |
3 | 8-10 million | 30,000-40,000 |
Houses Plot sizes (sq yds) | Purchase prices ranges | Monthly rental ranges
|
120 | 8-10 million | 25,000-40,000 |
250 | 18-20 million | 45,000-55,000 |
By Uzma Nawaz. Information provided by Karachi Estates.