Residential Properties for Rent in Gulshan-e-Iqbal Block 4 Karachi

( 2 properties available )


Block 4 – Gulshan e Iqbal

Gulshan e Iqbal has strategically aligned itself with optimal commercial activity along with the extravagant residential sector of Block 4. The vicinity is loaded with restaurants, parks, mosques and several other amenities required to lead a peaceful life in the region. The multicultural population is served with basic convenience stores and is connected with Main Isphahani Road that connects to the Super Highway. Further the connection with Olympian Road strengthens its connection to the rest of the city. 

Overview

The planning of Block 4 has significantly evolved over the last few years due to the presence of an 80 feet wide road on its front which has significantly intrigued the hospitality sector with numerous restaurants. The wide range of plot size and budgets has also instigated a significant interest of the population living in Karachi; following is a basic overview of the specifics of the community:

  • Communal mosque for the block among many other mosques
  • Presence of public park near the mosque
  • Numerous schools and colleges
  • Plenty of entertainment outlet for families in shape of street cafes and restaurants nearby
  • Spacious paved roads along with wide streets
  • Convenience and super stores within its vicinity

Location

Block 4 is bordered by Olympian Road and Ispahani Road that connects it to both parts of the city, the area allotted for Scheme 33 and the rest of the city. Block 4 strategically locates itself as the middle point for people coming in from Gulistan e Jauhar and numerous other areas. Furthermore, the vicinity also homes the New Dhoraji Market where a particular community owns majority of the property with respect to apartments, other than that Block 4 is wholesome welcoming numerous ethnic backgrounds. 

Area Covered by Locality

The boundaries of the society are rather extensive compared to the rest of the blocks of Gulshan e Iqbal due to its rectangular shape. The area expands to over 2.5-kilometer square.

New Dhoraji

The New Dhoraji community is primarily a Memon community where people belonging to the said group are residing in the apartments by Saima Builders and Developers. Moreover, the street vendors selling fruits and vegetables along the numerous convenience stores ensure that the community gets the best purchases in terms of groceries and other home items. 

Numerous Restaurants 

The main road of Block 4, on the extension of Disco Bakery, features several eateries that serve several cuisines from Pakistani to Italian and American. The set trend of restaurants has involved a huge commercial inflow in the community; however, the residential sector is left unharmed and has exponentially increased due to the convenience of the region. 

Other Highlights of Block 4 – Gulshan e Iqbal

Block 4 mainly features its strategic location that connects it to both of the cities seamlessly through Rashid Minhas Road and Isphahani Road. Moreover, the intriguing commercial activity of the block has initiated restaurants and mega convenience stores like Home Plus to open outlets in block 4. With hospitals nearby with an area flooded with numerous schools and colleges, Block 4 optimally develops the interest of families looking for all amenities nearby. Patel hospital offering quality healthcare is within the parameters of the block, while KDA market is just minutes away from the block providing excellent entertainment value to families. 

Ways to commute

There are numerous methods of transportation in Gulshan e Iqbal Block 4 that includes the mass transport using buses. Moreover, the presence of private taxis and three-wheeler cabs are more commonly used along Isphahani Road. With the development of technology, the ride hailing mobile applications including Careem, Uber and Bykea are widely used for transport as well. 

Health Care Facilities 

The health care facilities offered in Block 4 are rather limited; however, the community provides sufficient private clinics that facilitate the immediate attention required to patients. Moreover, the community also offers Patel Hospital as the most immediate option for people seeking hospitals. Patel Hospital is a private hospital yet it is sufficiently priced in order to facilitate the income threshold of the region.

Places to notice near Block 4 – Gulshan e Iqbal

Considering it a thoroughly planned residential community, the Block 3 in itself offers various entertainment outlets for families:

  • Numerous restaurants
  • Lucky One mall just 5 minutes away from the block
  • Numerous shopping options including Isphahani Road
  • Street cafes

Educational Facilities near Block 4 – Gulshan e Iqbal

Considering the norms of the adjoining region and the population pyramid of families residing in Gulshan e Iqbal, Block 4 has a fair share of educational opportunities of the region including

  • The Horizon School
  • The Smart School
  • Adamjee School and Coaching Center
  • Beaconhouse School System
  • Credo College

Property Trends in Block 4 – Gulshan e Iqbal

Sale of Houses

The area is primarily governed by residential areas allotted to houses. However, due to the rising population of Karachi and the ever-increasing demand of Gulshan e Iqbal, empty plots are rare to find in Block 4.

House For Sale in Gulshan E Iqbal Block 4

  • A triple storey house with 9 bedroom and a relatively new construction spanning 280 sq yard is set for sale at Rs. 7.25 crore
  • A double storey 8-bedroom house with a relatively old construction spanning over 650 sq yard is set for sale at Rs. 11 crores.
  • A relatively old built house requiring renovation work with single storey 3 bedroom is set for demand at Rs. 3.8 crore

House For Rent in Gulshan E Iqbal Block 4

The rental return on the residential area is intriguing as well despite sufficient supply

  • A 500 sq yard portion of first floor with old construction is set for a rent of Rs. 70,000

Sale of Apartments

The scarcity of apartments in Block 4 is only limited to new construction. There are numerous old constructed apartments that are not in their best shape

  • A used flat for sale in gulshan e iqbal block 4 is set for Rs. 1.38 crore spanning over 1260 sq ft with 3 bedrooms
  • A 3-bed apartment with 1300 sq ft space is set for Rs. 1.15 crore. 

Rent of Apartments

The limited supply of apartment buildings in Block 4, there are always sufficient listings looking for tenants in the vicinity

  • Flat For Rent in Gulshan E Iqbal Block 4 Rs. 36,000 with space of 1300 sq ft net area with 3 bedrooms. 
  • Rs. 30000 rents for a 950 sq ft 2-bedroom apartment

Sale and Rent of Commercial in Block 4 Gulshan E Iqbal karachi

With the strategic location of Block 4, commercial inventories are the optimal interest for Block 4. However, when there is a limited supply, the prices are often found dynamic

  • A 650 sq yard shop is for rent at Rs. 9 lakh per month on the main with all the restaurants
  • An 800 sq feet showroom is available at a demand of Rs. 7 crores

 



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