This residential scheme can be considered one of the developed residential areas, where no development is underway currently. This is the main reason the value of properties does not fluctuate much in this residential scheme.
As per the presence of all of these amenities in Gulshan-e-Iqbal Block 7, the demand for houses for sale here has skyrocketed in recent years, hence increasing the prices of houses.
For instance, the minimum cost of a 5 marla house for sale in Gulshan-e-Iqbal Block 7 is usually expected to be more than Rs. 4.5 crore.
A 1 kanal house for sale in Gulshan-e-Iqbal block 7 karachi will cost you around Rs. 9.5 crore on average.
However, these prices are subject to a few other factors such as the size, condition, and amenities of the house, which play a great role in determining the prices of houses, hence the prices might fluctuate.
Comparing the prices of houses for sale in Gulshan-e-Iqbal Block 7 with a few of its neighbouring regions such as Gulzar-e-Hijri, and Gulistan-e-Jauhar, we have reached the conclusion that the prices of houses in former one are relatively higher.
For instance, the typical starting price of a 5-marla house for sale in Gulzar-e-Hijri is expected to be more than Rs. 5 lacs.
For a similar house for sale in Gulistan-e-Jauhar, the starting price typically lies around Rs. 1.45 crore.
The cost of a 5 marla house in these neighbouring areas is way lower than that of a 5-marla house in Gulshan-e-Iqbal Block 7. The difference in prices lie due to the amenities offered at Gulshan-e-Iqbal Block 7 and its premium location.
Following are the types of houses for sale in Gulshan-e-Iqbal Block 7:
A single-storey house is typically sold at a lower price as compared to a multi-storey house of the same size. It can make an ideal residence for small families.
A multi-storey house offers extra residential space, along with more amenities such as a terrace.
Some of the popular nearby places of Gulshan-e-Iqbal Block 7 are mentioned in the table below.
Places |
Distance From Gulshan-e-Iqbal Block 7 |
Lucky One Mall |
2.8 km |
University of Karachi |
3.3 km |
IBA Karachi |
2.5 km |
NED University of Engineering and Technology |
1.7 km |
Millenium Mall |
5.0 km |
Safari Park |
800 m |
Memon Medical Institute Hospital |
7.6 km |
Shahra-e-Faisal |
10 km |
You will come across a wide range of well-constructed houses that offer basic as well as luxury amenities. Some of these amenities include a well-planned road network, which enables easy commuting to other parts of the city.
A large number of famous places are located in its vicinity such as IMA, University of Karachi, Lucky One Mall, Safari Park, Memon Medical Institute, Shahra-e-Faisal
As per the presence of all of these facilities, one can say that investing in a house for sale in Gulshan-e-Iqbal Block 7 would be a wise decision.