It is the most popular locality in the city when it comes to renting a flat. Gulshan-e-Iqbal’s central location, its availability of options in terms of size and rental price tags and the fact that many new developments here match the home-seekers’ expectations, makes it the top scorer on Zameen Search Trends for flats in Karachi. If you have also been looking to rent a flat in Gulshan-e-Iqbal, this article will be of help.
The good and bad blocks
Not all blocks in Gulshan-e-Iqbal are deemed fit for renting a flat. That’s primarily due to the availability of civic amenities as well as their respective location. Not to mention that some of these blocks are home old buildings where apartments are in bad conditions. While these allow some tenants looking for budget options claim their spot in the neighbourhood, most of the families like to opt for renting a flat in newly constructed buildings.
Most importantly, not all blocks here are prime in terms of direct access to public transport facilities, availability of water and presence health, education and recreational facilities. You are advised to keep these factors in mind while picking the right block in Gulshan-e-Iqbal.
Our sources recommend tenants should go for apartment options in Blocks 3, 4, 6, and 7. For those okay to compromise on some feature for paying less in terms of monthly rents, cheaper options are available in Blocks 1, 2, 8, and 13.
Popular options
The projects developed by private real estate builders are often among the most popular projects among tenants. These buildings are well maintained, properly managed and secure, hence deemed perfect for residence by families with young kids.
Some of these popular developments include Harmain Royal Residency, Saima Square One, Al-Khaleej Tower, The Comforts and Saima Heaven.
Since most of these flats in Gulshan-e-Iqbal are rented out by families, 2 and 3 bedroom flats are more in demand.
A look at rental prices
The rental price range for flats in Gulshan-e-Iqbal is rather wide and that’s because of the available options. The main factor determining the rental price is how recently it was built. The added features in terms of security of individual buildings, the buildings’ features and the quality of items used for finishing make a flat even more expensive. Here is the price range;
No. of bedrooms | Rental price in PKR |
2-bedrooms | 16,000 – 50,000 |
3-bedrooms | 30,000 – 100,000 |
4-bedrooms | 60,000 – 150,000 |
With this article, we hope to have made the quest of renting an apartment in Gulshan-e-Iqbal somewhat easy for you. If there is more information that you require about finding the right kind of apartment or a house for rent in the neighbourhood, you can let us know through your comments. The comment box is also open to your feedback and request for guidelines on other localities.
And in case you wish to consult with an agent to find you the right kind of property on rent in this locality, you can get in touch Yasin Memon of Estate and Estate at any of these numbers; +92-330-252-9703, +92-335-338-8530.
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I am working as a estate agent in Karachi
Please provide me property sale by direct owner in karachi
Regards
Jaseem Akhtar