Gulshan-e-Iqbal Town is often referred to as one of the liveliest neighbourhoods in Karachi. It spreads over 65 square kilometres and is divided into 13 union councils. These include Essa Nagri, Delhi Mercantile Society, Safoora Goth, Civic Centre, Pehalwan Goth, Gulzar-e-Hijri, Gulshan-e-Iqbal 1 and 2, Jamali Colony, Gillani Railway Station, Shanti Nagar, and PIB Colony. Plot buying trends within Gulshan-e-Iqbal Town, indicate that Gulzar-e-Hijri and Gulshan-e-Iqbal 1 and 2 tops the list as being investor’s favourite locations. The town is encircled by a bunch of other residential centres like Jamshed Town, Gulberg, and Malir.
Most of the parts of society are densely occupied, comprising a concrete web of houses and apartment complexes. That said, you will still be able to find residential land in a number of union councils. For example, Sadaf Cooperative Housing Society, Gandhara Society, Gulshan-e-Iqbal and Gulzar-e-Hijri have a large number of plots up for grabs. Sizes of plots within Gulshan-e-Iqbal Town start at 120, going up to 1000 sq. yd, however, in this range, plots of area size 240 sq. yd., as well as 300, and 500 sq. yd. are highly in-demand by investors and buyers.
Your budget mainly dictates your choice of plot, but you should consider options in all categories to see what is right for you. Asking price of 120 sq. yd. plot in Gulshan-e-Iqbal Town is generally between PKR 65 lakh and PKR 3 crore and for investing in a 500 sq. yd. plot budget requirements are around PKR 2.25 and PKR 8 crore. Lastly, the value of 240 sq. yd. plots can range from PKR 1 to PKR 3.75 crore.
Electricity, water, and gas are readily available in most of the parts in Gulshan-e-Iqbal Town. Electricity is supplied by K-Electric. In addition, most residents usually have UPS devices and generators as backups. Recently, the government invested in the infrastructure of the town and almost all the roads were rebuilt. This made travelling to various parts of the city like Gulistan-e-Jauhar, North Nazimabad, Shahra-e-Faisal, and Buffer Zone more convenient and easier.
Karachi’s top schools have many branches in Gulshan-e-Iqbal Town. Some important names in this regard are The Educators, Beaconhouse School System, Pak Turk Schools, and The City School. The University of Karachi makes this area an educational hub. There are other universities present too like NED University of Science and Technology, Usman Institute of Technology, Federal Urdu University, Agha Khan University, and Indus University. The most well-known hospitals, which are visited by people from all over the city, are also located here and include Patel Hospital, Agha Khan University Hospital, Ibn-e-Seena Hospital, and Liaquat National Hospital.
From clothing stores to mobile shops, Gulshan-e-Iqbal Town has everything. Though you can’t classify it as a shopping district, the commercial and residential sectors both balance out each other. For shopping sprees, you can head to Millennium Mall, Saima Mall, and Lucky One Mall. Dolmen Mall Tariq Road is also just 15 minutes away. If you are planning to dine out, then popular eateries include the likes of Burger In Law, Usmania Restaurant, Student Biryani, Downtown Café, Kaybee’s, Burger Lab, Dubai Chai Wala, etc.
Although property in Bahria Town Karachi is the hottest right now but Gulshan-e-Iqbal is also considered a good investment. When you are buying a piece of land to build your dream house, you are technically opting for a new lifestyle and the diverse variety of properties in Karachi serve as the best example to justify this statement. The multi-cultural nature of the city and its sub-areas like Gulshan-e-Iqbal Town keep bringing out better investment opportunities for the residents while providing basic facilities of life. This is the reason why the quality of life in this location continues to improve and more people want to move here.
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