Gulberg Residencia Islamabad development status
and Latest Rates
Master Plan of Gulberg Residencia Islamabad Map
Block A
Development work here is underway in patches, while work
on the Main Boulevard running through the block is yet
to be done. Sewerage line has been laid. At the moment,
the developer is yet to get possession of 10 % to 15% of
land. Work on land featuring 10-marla and 1-kanal plots
is almost complete, while work on lanes having 7-marla
plots is still being done. Possession in this block is
yet to be granted.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 3,200,000 – PKR 4,200,000 |
10-Marla |
35 x 70 |
PKR 5,700,000 – PKR 6,500,000 |
1-Kanal |
50 x 90 |
PKR 7,000,000 – PKR 11,000,000 |
2-Kanal |
75 x 120 |
PKR 11,000,000 – PKR 15,000,000 |
Block B
About 50% work here has been completed so far. The
machinery is deployed on carrying out the plotting work
and working on the road network. The developer has made
the full payments to the land owners, but 15% land is
yet to be acquired from the original owners.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,900,000 – PKR 3,400,000 |
10-Marla |
35 x 70 |
PKR 4,500,000 – PKR 5,000,000 |
1-Kanal |
50 x 90 |
PKR 7,000,000 – PKR 9,500,000 |
Block C
Development work here has been completed by 70% and
there are no litigation issues. Work on road network
hasn’t been completed. The developer has completed work
on lanes in patches, which is why possession is yet to
be granted to the end users.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 3,600,000 – PKR 4,000,000 |
10-Marla |
35 x70 |
PKR 6,000,000 – PKR 6,500,000 |
1-Kanal |
50 x 90 |
PKR 9,000,000 – PKR 11,000,000 |
Block E
Development at a steady pace is being carried out in
parts, while the developer has granted approval to the
end users on 35% of the land. 30% land here is yet to be
acquired from the local dwellers.
Plot size |
Dimensions |
Price range |
1-Kanal |
50 x 90 |
PKR 8,500,000 – PKR 11,000,000 |
Block F
Work in this block has been completed by almost 100%.
Land here is clear from any litigation. Some roads here
have yet to be carpeted. Property possession here has
been granted 100%. At the moment, about 10 families are
living here, while some houses are under construction.
Rates and demand for plots in this block are the
highest.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
4,000,000 – PKR 4,800,000 |
10-Marla |
35 x 70 |
PKR 6,000,000 – PKR 7,000,000 |
Block G
Development work hasn’t been started, as the developer
is yet to vacate the local settlement that exists there.
The low property rates recorded for plots in this blog
indicates that there hasn’t been any change in the
situation and investors do not show interest in this
block.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
3,000,000 – PKR 3,500,000 |
10-Marla |
35 x 70 |
PKR 4,500,000 – PKR 5,000,000 |
Block H
Development work in his block has been completed by 60%,
while work is underway on the remaining plots. Land in
Block H has been cleared of any litigation issues.
Experts recommend it for investment as demand currently
is higher for developed plots.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
2,800,000 – PKR 3,500,000 |
10-Marla |
35 x 70 |
PKR 4,500,000 – PKR 5,000,000 |
Block I
Compared with other blocks, Block I is a small block.
Development work here has been completed in some areas
on the front, for which possession has also been
granted. Development on the remaining area has currently
been suspended, perhaps because machinery is busy in
other blocks. No litigation issues are present here.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
4,300,000 – PKR 5,300,000 |
10-Marla |
35 x 70 |
PKR 6,000,000 – PKR 7,500,000 |
Block J
Work in this block has been completed by 35%, while
machinery is deployed on certain parts of the blocks
where development work is underway. For the developed
part, property possession has been granted. No
litigation issues exist in this block.
Development work in Block J has been completed by 90%,
for which the developer has also granted possession.
This block, reportedly, has no litigation issues.
Plot size |
Dimensions |
Price range |
1-Kanal |
50 x 90 |
PKR 8,500,000 – PKR 11,000,000 |
Block K
Development work has lately been halted in this block.
So far, work here has been done by only 20%. In the
absence of development work, demand for plots here is
also low. Back in the fourth quarter of 2017, the
property transaction volume recorded for the block was
high, which could be because of the low market rate.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,600,000 – PKR 3,200,000 |
10-Marla |
35 x 70 |
PKR 3,800,000 – PKR 4,500,000 |
12-Marla |
40 x 80 |
PKR 4,200,000 – PKR 5,000,000 |
Block L
This block has no litigation issues. Development work
has so far been completed by 40%, for which property
possession is also available. At the moment, work is
being carried out in parts and patches. It is also
considered good for investment, as the demand for plots
in this block is also high at the moment.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 3,100,000 – PKR 3,600,000 |
10-Marla |
35 x 70 |
PKR 4,200,000 – PKR 4,600,000 |
12 Marla (40 x 80) PKR 42,00,000 – PKR 55,00,000
Block M
The pace of development is slow in this block, and the
machinery deployed here is busy doing the plotting work.
Block M is also free of any litigation issues. Property
here was almost negligible in the past but is picking up
right now.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
2,400,000 – PKR 2,900,000 |
Block N
Work here is done by 35%, but mostly on the main areas.
At the moment, no development work is being carried out
in this block. Nonetheless, a decent transaction volume
is seen for plots in Block N. This block is also free of
any litigation issues.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,700,000 – PKR 3,200,000 |
10-Marla |
35 x 70 |
PKR 3,400,000 – PKR 4,500,000 |
1-Kanal |
50 x 90 |
PKR 6,500,000 – PKR 9,000,000 |
Block O
The situation here is similar to that of Block N.
Development work here is currently suspended. Being
located near the back boundary of the society, the
developer’s focus on this block seems less intense.
Nonetheless, property demand among both investors and
genuine buyers for this block does exist.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,600,000 – PKR 3,000,000 |
10-Marla |
35 x 70 |
PKR 4,500,000 – PKR 6,200,000 |
12-Marla |
40 x 80 |
PKR 3,100,000 – PKR 4,200,000 |
Block P
Development work here is done only partially, but no
machinery work is currently deployed. Property demand is
currently okay, which is primarily because property
rates here are comparatively much cheaper, allowing
buyers with limited budget to own property in Gulberg.
Fortunately, this block is also free of any litigation
issues.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,400,000 – PKR 3,200,000 |
10-Marla |
35 x 70 |
PKR 3,500,000 – PKR 4,200,000 |
1-Kanal |
50 x 90 |
PKR 4,500,000 – PKR 6,500,000 |
Block Q
Block Q has been developed 20% and that two in the main
areas. Currently, work here has also been suspended,
which is also why demand for plots in this block is low
at the moment. It is also not among the blocks deemed
potentially rewarding for investment.
Plot size |
Dimensions |
Price range |
10-Marla |
35 x 70 |
PKR 3,000,000 – PKR 3,900,000 |
1-Kanal |
50 x 90 |
PKR 5,500,000 – PKR 6,500,000 |
Block R
The situation here is same as that of Block Q. The
developer has been cleared of the litigation issues in
this block. Property transaction volume here is also low
and picks up randomly every now and then.
Plot size |
Dimensions |
Price range |
7-Marla |
30 x 60 |
PKR 2,500,000 – PKR 2,800,000 |
10-Marla |
35 x 70 |
PKR 3,200,000 – PKR 5,000,000 |
Block S
Demand for plots here is lukewarm, as development work
here is completed by only 30% and no work is currently
being carried out. No litigation issues are reported to
exist in this block.
Plot size |
Dimensions |
Price range |
1-Kanal |
50 x 90 |
PKR 5,000,000 – PKR 6,500,000 |
Block T
This block is 100% developed, for which the developer
has also granted property possession. At the moment,
demand for plots in this block is higher among the
genuine buyers, plus with some investors. This block is
located at the society’s boundary.
Plot size |
Dimensions |
Price range |
7-Marla |
35 x 60 |
PKR 2,700,000 – PKR 2,900,000 |
10-Marla |
35 x 70 |
PKR 3,200,000 – PKR 3,600,000 |
1-Kanal |
50 x 90 |
PKR 5,000,000 – PKR 6,500,000 |
Block V
This block is developed by over 40%, for which property
possession is also available. At the moment, around 5
families are living in this block. The block is also
free of any litigation issues. Property demand in this
block is currently low.
Plot size |
Dimensions |
Price range |
7-Marla |
35 x 60 |
PKR 2,400,000 – PKR 3,200,000 |
10-Marla |
35 x 70 |
PKR 4,000,000 – PKR 4,500,000 |
12-Marla |
40 x 80 |
PKR 4,800,000 – PKR 5,000,000 |
Investment tip
The recommended blocks for investment are Blocks A, F,
I, L, and V. The most appropriate plot size for
investment is 7-marla, as it is affordable for both
genuine buyers and a wider bracket of investors.
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Residencia
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