Advertise
Search Options
Search
Ask Your Question 
Ask Now
Prop Guide

Property Guru
7340 posts
24 best
Nadeem Ahmed

Property Guru
4770 posts
18 best
Falcon

Property Guru
4698 posts
6 best
Pakistani-1

Property Guru
3030 posts
26 best
Nasir

Property Guru
2515 posts
21 best
Abdul Qayyum

Property Guru
1972 posts
4 best
Sayeein

Property Guru
1868 posts
0 best
Sheikh Abdul

Property Guru
1753 posts
16 best
Khalid Javai

Property Guru
1729 posts
0 best
Baber Rabban

Property Guru
1716 posts
16 best
Isloo

Property Guru
1529 posts
3 best
Syed Ibrhaim

Expert Authority
1439 posts
17 best
Dsa

Expert Authority
1420 posts
2 best
Imtiaz

Expert Authority
1196 posts
6 best
Arshad

Expert Authority
1189 posts
1 best
Pardesi

Expert Authority
1172 posts
8 best
Mbs

Expert Authority
1157 posts
13 best
Ht

Expert Authority
1115 posts
9 best
Irfan

Expert Authority
1112 posts
8 best
Real Estate

Expert Authority
1052 posts
3 best
Become an expert on the forum, check Forum Ranks.
Where to Buy questions and answers. All your Where to Buy questions answered by our experts and thousands of other members. Get professional Where to Buy answers to your questions. Get started by asking a new Where to Buy question now.
Sheikh Abdul..
( 1750 posts )

[33 Answers]
Regarding the Gulberg Islamabad small plots pricing.
The location seems well with the highway etc...The official booking were are at 13 lakhs, but people are selling them at around 9-12 lakhs with all fees inclusive? Prices have appeared to have dropped for some reason...Is this is a good sign? Have development stopped or something? Is it a good investment?or have all Zone 5 prices dropped or is it just gulberg?

Does anyone have any knowledge on this particular topic?

    2239 days ago In Where to Buy
    Post Reply
    Sheikh Abdul..
    (1750 posts)
    Best Answer
    Not heard any latest news about development. So if the development is going very fast and state of the art, then i think this will make up for the location planning mishaps.

    Also is this the same gulberg as Lahore? As the booking prices were high to start off with before star marketing were given the project.
      2220 days ago 

      Syed Ibrhaim
      (1436 posts)
      Dear abdul ali
      Few months ago in a discussion that point was mentioned gulberg booking price was too high and due to powerful marketing of star marketing people booked plots there location of gulberg residencia is not on highway its almost 5 to 6 km inside from highway. Usually star marketing projects dropped there rates because they sale it just on there marketing tools.
        2238 days ago 

        PAKISTANI-1
        (3019 posts)
        Yes, the marketing for gulberg was very powerful indeed. When i visited about 2.5 years ago, the whole of main blue area road up to f-10 was taken by gulberg advertisements. Tv commercials were also very attractive.

        Some of my family members discussed the possibility of buying over there, but i told them of my view that zone 2 is preferable for investment. In my view even the choice of name 'gulberg' has an impact. Until the nineties, gulberg lahore was supposedly the most upscale residential locality of lahore (the way f-7 is now in islamabad). Now it is commercialized.

        Some time back my family members bought in dha valley due to the dha name. But it has taken too much time and dha is not accepting the last installment on the plots because if it takes the last installment, then they will have a claim against dha. But the plot owners are hoping for the best for dha valley. Sooner or later it will materialize inshaallah.
          2238 days ago 

          PAKISTANI-1
          (3019 posts)
          Nowadays, the marketing of gulberg islamabad is much slower as compared to 2 years ago. You cannot find as many billboards as before because they managed to sell most of it in the initial marketing thrust. Now the file holders are selling some gulberg properties (for example farmhouses) at a lower price than they paid.
            2238 days ago 

            Sheikh Abdul..
            (1750 posts)
            Thanks syed and pk1 for your replies. Prices still seem to be a little steep, considering you can buy jkchs right next door for half the price and its just as a big name of a brand.
              2238 days ago 

              Syed Ibrhaim
              (1436 posts)
              U r right abdul ali but there is a big difference between jkchs and gulberg.
              Gulberg started there own gulberg expressway from main highway uptill there residencia project however jkchs announced many times that they will start there main road from zone 4 agro farms but still no practical work
                2237 days ago 

                Islamabad Pr..
                (156 posts)
                Its all about marketing .. Asap another wave of heavy marketing campaign is launched you will see another jump till the marketing lasts.
                  2236 days ago 

                  Sheikh Abdul..
                  (1750 posts)
                  Putting marketing aside, the location seems to be well, however, will their be a dip in zone 5, when the new airport is operational? So will this affect gulberg? Is gulberg a good short term investment and how far have they got in terms of the development?
                    2236 days ago 

                    Prop Guide
                    (6961 posts)
                    I think gulberg is not good for short term investment. The location is not that good as mentioned above. But it can be seen for long term investment, once the development is completed and possession is handed over, then the prices will surely go up.
                      2236 days ago 

                      FCC
                      (44 posts)
                      I think there were two kinds of bookings in gulberg. One who got from star marketing, and one who were employees of ib and got direct allotment from ib. Since the ib employess were allotted these plots at a much lower price, they are probably willing to sell at a discount to the current rate of star (which is 1.7 million for 30*60). But another reason could be that these ib allotted files are
                      Only files without balloting, where you do not know the location, it could be in some far off block.

                      Location wise i think gulberg is one of the better locations in zone v, since the main entrance is just 1.5km from koral/ airport chowk (which in itself is 10 km from zero point), and normally the traffic is reasonably flowing uptill koral chowk (from zero point), since it is almost 4 lanes in that direction, if you include the heavy traffic lane. I think on the gulberg expressway (200 foot wide), the 6 km distance from the isb expressway to gulberg residencia shouldn't take more than 7-8 mins.

                      I am not sure about short term (1 year) outlook, but certainly in medium term (2-3 years) time, when they have the bridges and roads in place (also if they can connect to tramri chowk / park road which will allow it an alternative route to downtown isb, bypassing the highway, i see it as a much better option to other zone v societies.

                      As the population increases further in zone v, the 6-8 km extra on the narrow road after koral check can easily take an extra 20 mins. So location wise gulberg will be more preferable.

                      Also their farm house location is very appealing, right at the entrance to the isb expressway. Overall i think it has many things going for it. That is the reason more than 5000 people have booked plots there. But as with everything in pakistan there are always risks weather the society will be able to develop and maintain that development. I have a feeling that since it is the ib of pakistan, they will be able to come up with the funds some how. Another thing is that most of the roads etc are already there for some of the earlier blocks. And you can clearly see the work on the ground.
                        2235 days ago 

                        Post Answer (33 Answers)
                        1 2 3 4 >
                        Email Basket (0)
                        SEND EMAIL   REMOVE ALL