IN THIS POST:
– Overview of Gulshan-e-Iqbal, Karachi
– Average prices for buying property
– Buying 2-bedroom flats
– Buying 3-bedroom flats
– Buying 240-250 sq yd plots
– Buying 490-500 sq yd plots
– Buying 990-1000 sq yd plots
– Buying 120-130 sq yd houses
– Buying 240-250 sq yd houses
– Buying 490-500 sq yd houses
– Buying 990-1000 sq yd houses
Gulshan-e-Iqbal is a densely populated area in the eastern district of Karachi, home to hundreds of thousands of people in its 19 blocks. Primarily home to the working class with moderate income levels, the name ‘Gulshan-e-Iqbal’ directly translates to the ‘garden of Iqbal’, referring to the National Poet of Pakistan, Allama Muhammad Iqbal. True to its name, the area is also famous for several of its parks and green entertainment areas. If you’ve considered buying a property in Gulshan-e-Iqbal, Karachi, you’re at the right place as we’ve covered not just the amenities on offer, but also all the investment options as per their average prices and the most popular blocks in Gulshan-e-Iqbal for your next calculated real estate investment in Karachi.
About Gulshan-e-Iqbal, Karachi
Home to a large population of Karachi’s professionals that travel from the area to their place of work daily, Gulshan-e-Iqbal was once a society dedicated entirely to bungalows and houses. Over time, the old houses were taken down, especially on the left side of University Road, to make way for apartments, often with a gated parking space on the ground level and several residential buildings in the same project, divided into blocks, each containing several flats on a single floor.
This has resulted in a densely populated but incredibly friendly and communal living concept, where kids are often found playing in the streets or secured parking areas, and neighbours are genuinely concerned for one another’s family, irrespective of religion, race, caste, or creed.
Gulshan-e-Iqbal begins as soon as you take the left turn on the Civic Centre flyover, with some prominent landmarks in the area being the Karachi Expo Centre, the Civic Centre, and Hasan Square. A range of commercial eateries, banks, and shops line the service road on the left side, with residential apartments above. Moving further along the road, you will arrive at the Federal Urdu University of Arts, Sciences & Technology, behind which are some of the Gulshan-e-Iqbal’s newest blocks, comprising houses as well as flats.
Popular landmarks can help you understand the area that comes under Gulshan-e-Iqbal. From a little after Aga Khan University Hospital in the west to the Lyari Expressway and LuckyOne Mall in the north, the Safari Park in the east and the Millennium Mall on Rashid Minhas Road to the south, all of the area encompassed in between comes under Gulshan-e-Iqbal, Karachi.
Other housing societies near Gulshan-e-Iqbal include Gulistan-e-Johar, Gulshan-e-Jamal, Askari 4, KDA Officers’ Society, PNS Jauhar, Dhoraji, PIB Colony, Qasim Abad, Sohrab Goth, National Stadium Colony, Metrovil Colony, and Federal B. Area. Some more popular landmarks in and around the society include Aladdin Park, NED University of Engineering and Technology, Ibn-e-Seena Hospital, the University of Karachi (UoK), Iqra University’s (IU) Gulshan Campus, National Stadium, PIA Planetarium, Nueplex Cinemas, Sir Syed University of Engineering and Technology, Mehmood Ghaznavi Park, Sindbad Amusement Park, Patel Hospital, and Aziz Bhatti Park.
Aside from proximity to all of the above, here are some of the facilities in Gulshan-e-Iqbal, Karachi, which make it a great area to buy your new home:
- Fully developed community
- Ideally located in the middle of the east district
- 19 blocks, each with their own significance as per their location
- Availability of all essential utilities
- Commercial opportunities at famous malls, shops, and area markets
- Proximity to major private hospitals
- Branches of good quality schools and colleges in various blocks
- Campuses of UoK, NED, and IU nearby
- Dotted with area parks and amusement options
- Spacious mosques in every block
- Countless gyms, fitness centres, and salons
- Connected to the rest of the city via prominent routes
- Easy access to public transport
Average Property Prices in Gulshan-e-Iqbal, Karachi
If the above facilities in Gulshan-e-Iqbal, Karachi, have made you eager to invest in the area, here are the average prices for buying property in Gulshan-e-Iqbal, Karachi, as quoted in the table above using the data available on Zameen.com:
- A 1-bedroom flat in Gulshan-e-Iqbal costs PKR 37.92 lakh on average.
- Investing in a 2-bed apartment in Gulshan can require an average sum of PKR 74.1 lakh.
- The average price of a flat with 3 bedrooms in the area is PKR 1.29 crore.
- The buying price of a house of 120-130 sq yd in Gulshan-e-Iqbal averages at PKR 2.27 crore.
- Owning ar 240-250 sq yd house in the area can cost at an average price of PKR 3.88 crore.
- Houses of 490-500 sq yd can be purchase for an average investment of PKR 7.39 crore.
- You can get a large 990-1000 sq yd house for your family at an average rate of PKR 13.5 crore.
- To buy a 120-130 sq yd plot in Gulshan, PKR 1.26 crore will be required on average.
- A 240-250 sq yd plot is on sale for an average price of PKR 2.8 crore.
- Get a plot of 490-500 sq yd in the housing community at an average cost of PKR 5.49 crore.
- Larger plots of 990-1000 sq yd can be yours for an average price of PKR 12.32 crore.
Now that you know all about the average prices of property in Gulshan, let’s discuss the most popular blocks in Gulshan-e-Iqbal for your next investment as per the different property types and their sizes.
Average Prices of 2-Bedroom Flats in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Want to buy a flat in Gulshan-e-Iqbal? As per the data collected from Zameen.com, Blocks 13/D, 13/D-2, 13/D-1, 13/D-3, and 13 are the top areas to make an investment in a 2-bedroom flat. Let’s discuss the top three blocks in detail below:
Gulshan-e-Iqbal – Block 13/D
- The average price of a 2-bed apartment in Block 13/D, Gulshan-e-Iqbal, is PKR 89.25 lakh
- It is located on Allama Shabbir Ahmed Usmani Road, opposite Block 1, Gulshan-e-Iqbal
- This block is primarily a residential community
- It is close to a commercial hub on the main road where there are eateries, banks, and salons
- Several well-reputed schools and colleges are located in the adjacent blocks
Gulshan-e-Iqbal – Block 13/D-2
- An apartment with 2 bedrooms is on sale for PKR 70.47 lakh on average in Block 13/D-2
- It touches the Lyari Expressway to the north and is part of Gulshan’s famous furniture market to the south on Sehba Akhter Road
- Shops are conveniently located amidst the residential development for everyday essentials
- There are several area parks here, including Wasim Bagh
Gulshan-e-Iqbal – Block 13/D-1
- You can invest in a 2-bedroom flat at an average cost of PKR 71.41 lakh in this block
- It is located adjacent to Block 13/D
- This block contains campuses of The Educators, The Smart School, The City School, and Happy Home High School
- Nipa Station of the Karachi Circular Railway (KCR) project is located at a 10 minutes’ walk from the block
Average Prices of 3-Bedroom Flats in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
The most popular blocks for a 3-bed apartment in Gulshan, as per our data, are Blocks 13/D, 13/D-2, 10-A, 16, and 13/D-1. Here are the best features of the top three blocks:
Gulshan-e-Iqbal – Block 13/D
- A 3-bedroom flat in Block 13/D requires an average investment of PKR 1.2 crore
- Its location on a main road gives easy access to all of the shops in the area
- Block 13/D is densely populated, binding its residents into a strong community
- Several schools and colleges in various neighbouring blocks offer quality education at a short drive
Gulshan-e-Iqbal – Block 13/D-2
- The average price of a 3-bed flat in this block is PKR 1.15 crore
- The furniture market is established on the ground level of these apartment buildings
- It is a busy locality dotted with small area parks and convenience stores
Gulshan-e-Iqbal – Block 10-A
- Invest in a 3-bedroom flat in Block 10-A requires an average sum of PKR 1.62 crore
- The block is located on both sides of Rashid Minhas Road, just beyond Millennium Mall
- Aladdin Park, Pavilion End Club, and the local area’s Sunday market are located on the edge of the block
- This block is also home to the famous Lasania Restaurant, along with several other eateries
- You’ll also find several schools, general stores, and area parks in this part of Gulshan-e-Iqbal
Average Prices of 240-250 sq yd Plots in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Interested in buying property in Gulshan-e-Iqbal, Karachi? Get a 240-250 sq yd plot in Blocks 10-A, 3 or 5 to avail the following features and facilities:
Gulshan-e-Iqbal – Block 10-A
- Several 240-250 sq yd residential plots in Block 10-A are on sale for PKR 2.48 crore on average.
- Drive past Millennium Mall on Rashid Minhas Road to enter the block
- Famous restaurants and shops line the service road with apartment complexes hiding the plots located beyond the main road
- Parks, stores, and educational institutions dot the neighbourhood, providing extreme convenience to residents
Gulshan-e-Iqbal – Block 3
- The average buying price of a 240-250 sq yd plot is PKR 3.25 crore in Block 3
- Block 3 is located between Blocks 2 and 4 on Allama Shabbir Ahmed Usmani Road
- The entire neighbourhood is built around the local Women Sports Complex
- A number of salons and schools are located in the block
- It is also home to the famous KDA market and Disco Bakers on the main road, where branded commercial outlets can also be found
Gulshan-e-Iqbal – Block 5
- Buying a plot of 240-250 sq yd requires an average investment of PKR 3.41 crore in this area
- Stretching out between University Road and Allama Shabbir Ahmed Usmani Road, Block 5 is actually surrounded by Blocks 2, 6, 10 and 13
- Sir Syed University of Engineering and Technology, Sadequain Institute of Calligraphic Art, and the Aligarh Institute Of Technology are all located in this block
- You can also find several banks, school, and salons in the area
Average Prices of 490-500 sq yd Plots in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Looking for a 490-500 sq yd plot in Gulshan-e-Iqbal? Search in Blocks 4 or 7 to get the best options. Here’s what each of these blocks has to offer:
Gulshan-e-Iqbal – Block 4
- Buying a plot of 490-500 sq yd costs PKR 5.25 crore on average in Block 4
- This block is located at Maskan Chowrangi, which is the intersecting point of Abul Hasan Isphahani Road and Allama Shabbir Ahmed Usmani Road
- Block 4 is home to the famous Patel Hospital, as well as several schools, including White House Grammar School, St. Gregory’s High School, Falcon House Grammar School, and The Smart School
Gulshan-e-Iqbal – Block 7
- The average price of investing in a 490-500 sq yd plot in this block is PKR 6.04 crore
- Placed directly opposite Safari Park on University Road, Block 7 touches both Allama Shabbir Ahmed Usmani Road and Abul Hasan Isphahani Road
- This block is home to more than ten educational institutions, ranging from school campuses to universities
- There are also several mosques and parks in the area
Average Prices of 990-1000 sq yd Plots in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Block 7 is the best block in Gulshan-e-Iqbal, Karachi, to invest in a large plot of 990-1000 sq yd as per Zameen.com’s data. Let’s check out some of its features:
Gulshan-e-Iqbal – Block 7
- Large 990-1000 sq yd plots have an average price of PKR 12.5 crore in Block 7
- This block begins right after Ibn-e-Seena Hospital on University Road and continues up to the left-hand turning, which will take you onto Abul Hasan Isphahani Road towards Maskan Chowrangi
- The neighbourhood offers plenty of options for good quality education with campuses of The City School, Beaconhouse, IU, and Usman Institute of Technology (UIT)
- Residents can also find everyday essentials at the Sunday market opposite Safari Park
Average Prices of 120-130 sq yd Houses in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
If you want to buy a house of 120-130 sq yd in Gulshan-e-Iqbal, focus your search on Blocks 10-A, 6, 10, 13/D-1, and 2. Take a look at the facilities offered by the top three areas to know why:
Gulshan-e-Iqbal – Block 10-A
- Buying a 120-130 sq yd house in Block 10-A costs PKR 2.08 crore on average
- The block’s location on main Rashid Minhas Road makes it prime real estate
- Along with easy commute to work via Drigh Road and Shahrah-e-Faisal, the block is also close to several shopping malls and Nueplex Cinemas in Askari 4
- Chase Value Centre, Aladdin Park, and Pavilion End Club also offer plenty of entertainment and shopping opportunities
- Mosques and parks are present in the neighbourhood at short intervals
Gulshan-e-Iqbal – Block 6
- A house of 120-130 sq yd requires an investment of PKR 2.37 crore on average in Block 6
- The area touches Blocks 3, 5, and 7 along with the University Road at its four sides
- It is home to the famous Dacca Sweets and Bakers
- Educational institutes in the area include Dadabhoy Institute of Higher Education, Preston University’s Gulshan Campus, and Karachi Public School
- Ibn-e-Seena Hospital and several government organisations, such as the Sindh Technical Education and Vocational Training Authority, the Directorate of Sales Tax & Excise Collection, and the Sindh Employees’ Social Security Institution are located here
- Block 6 is also home to the Institute of Cost and Management Accountants of Pakistan (ICMAP)
Gulshan-e-Iqbal – Block 10
- The average price of a 120-130 sq yd house in Block 10 is PKR 2.62 crore
- Block 10 is located at the heart of Gulshan-e-Iqbal, touching Rashid Minhas Road and University Road at NIPA flyover
- This block is also home to Sindbad Amusement Park and the famous Aziz Bhatti Park
- The Professional Institute of Hotel and Tourism Management (POHTM) and Foundation Public School are two highly reputed educational institutions in the neighbourhood
- Several eateries are located throughout the block
Average Prices of 240-250 sq yd Houses in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Blocks 5, 3, 2, 11, and 1 might be the best if you want to invest in a 240-250 sq yd house in Gulshan, Karachi. Let’s cover the facilities on offer in the top three neighbourhoods:
Gulshan-e-Iqbal – Block 5
- Prices of a 240-250 sq yd house in this block average around PKR 3.99 crore
- The block is home to the Karachi Hockey Association and Jahangir Khan Squash Complex
- Some academic institutions situated here include the College of Banking & Finance, Happy Palace Grammar School, Sadequain Academy, Sir Syed University of Engineering and Technology, and the Aligarh Institute of Technology
- Residents can also benefit from many electronic stores in the area
Gulshan-e-Iqbal – Block 3
- The price of a 240-250 sq yd property in Block 3 averages at PKR 4.29 crore
- The neighbourhood is home to Chase Up’s Gulshan branch for all your shopping needs
- You can also stay fit and active by availing various facilities at the Women Sports Complex located in the middle of the block
- Bonanza, Levi’s, Gul Ahmed, Miniso, and several other brands also have their outlets in KDA Market, Block 3
Gulshan-e-Iqbal – Block 2
- A ready-to-move home of 240-250 sq yd has a price of PKR 3.91 crore on average in this block
- The neighbourhood is built around Nasir Hussain Shaheed Family Park
- It is also home to the renowned Continental Sweets & Bakers on Allama Shabbir Ahmed Usmani Road and Imtiaz Super Market on Rashid Minhas Road
- This block has several commercial hubs, where you can find eateries, general stores, mobile malls, and banks
Average Prices of 490-500 sq yd Houses in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
To invest in a 490-500 sq yd house, consider searching in Blocks 7, 4, and 9, as per our data. Wondering why? Well, here’s what these blocks offer to their residents:
Gulshan-e-Iqbal – Block 7
- The average cost of a 490-500 sq yd house in Block 7 is PKR 7.28 crore
- Residents can enjoy their evenings at Al-Huda Park, Jamshed Ansari Park, or the local football ground
- Having campuses of Head Start Kindergarten, The City School, The Froebel’s School, Bahria Foundation College, UIT, and IU, the location of Block 7 is ideal for families looking for high-quality education close to home
Gulshan-e-Iqbal – Block 4
- A house of 490-500 sq yd can cost you PKR 7.11 crore on average in this neighbourhood
- Located at Maskan Chowrangi, Block 4 hosts branded eateries along the commercial strip on the main roads
- Gulshan Park and Gabol Graveyard are also found in this block of Gulshan-e-Iqbal
- Residents can avail healthcare facilities at Patel Hospital in Block 4
Gulshan-e-Iqbal – Block 9
- An average investment of PKR 8.4 crore is required to buy a house of 490-500 sq yd in Block 9
- Located on University Road between Blocks 8 and 10, Block 9 is home to the Federal Urdu University of Arts, Sciences & Technology and the Skill Development Council (SDC)
- It touches Aziz Bhatti Park in Block 10 on one end and Hakeem Muhammad Saeed Playground in Block 8, on the other, meaning that residents can benefit from both these green spaces for family outings
- The block also has a dedicated commercial area for the convenience of residents
Average Prices of 990-1000 sq yd Houses in the Most Popular Areas of Gulshan-e-Iqbal, Karachi
Get larger homes of 990-1000 sq yd in Blocks 7, 9, and 4 of Gulshan-e-Iqbal with the following facilities:
Gulshan-e-Iqbal – Block 7
- You can own a home of 990-1000 sq yd in this block if you make an investment of PKR 11.98 crore on average
- The ideally located neighbourhood gives you quick access to the Sunday market on University Road, as well as a commercial hub on Allama Shabbir Ahmed Usmani Road
- Along with banks and salons, you can find some of the best educational institutions in this area, offering education for young minds at kindergarten, school and college levels
- Higher education can also be pursued at IU’s Gulshan campus and UIT in the area
Gulshan-e-Iqbal – Block 9
- The average price of a large 990-1000 sq yd property is PKR 15.5 crore in this area
- The Federal Urdu University of Arts, Sciences & Technology is the most prominent landmark here, but Aitchison Model School also has a campus in the block for early learning
- Eateries, mosques, and general stores are located in designated commercial areas in and around Block 9
Gulshan-e-Iqbal – Block 4
- A house of 990-1000 sq yd can be bought for PKR 12.08 crore on average in Block 4
- Block 4’s proximity to Maskan Chowrangi means easy access for students of UoK via Maskan Gate
- The neighbourhood also has Patel Hospital, Gulshan Park, White House Grammar School, and the Gabol Graveyard within its limits, catering to all possible needs of residents
- You can also find many famous restaurants in the area along the main road
This brings us to an end of our analysis of the best blocks for buying property in Gulshan-e-Iqbal, Karachi. Check out similar posts on where to buy property in DHA and which are the best blocks for a real estate investment in Clifton, or head over to our area guides’ section for Karachi to check out the area you’re interested in.
Stay tuned to Zameen Blog for more posts, tips, and advice for real estate investment in Karachi. You can reach us via email at blog@zameen.com for all your queries, comments, and feedback. We look forward to hearing from you! We’ll also be covering several other data-backed area overviews and comparisons in the coming days, so check back often!
