Block 1, Gulshan-e- Iqbal Karachi -Apartment, Plot & House Price

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.