gulberg residencia

Gulberg Residencia Development Status and Rates

Many believe that property rates here are far from their optimum value and that’s because Gulberg Residencia is also far from being fully developed. Here is an update on what’s up in the society in terms of development work and market demand.

Development status

If you have been following our updates on Gulberg Residencia and keenly monitoring property rates, you must have noticed that demand here has been high for certain blocks and mostly lukewarm for the remaining ones. This is because the project is being developed in parts due to the developer’s main focus on handing over Gulberg Greens, which is about 85% developed.

the developer’s focus will shift to completing the pending work in Gulberg Residencia. That could take the next 6 months.

At the moment, development work is being carried out in Blocks A, P, and Q. These are also the blocks our sources believe can be potentially rewarding for investment.

Market trends

As revealed by agents operating in Gulberg Residencia, demand for plots is noticed higher for Blocks E, F, H, I, J, K, L, R, P, and Z. Some of these blocks are located close to the recently auctioned Block D Markaz, others enjoy advanced development status, and some are appealing to buyers for having none to limited land pockets.

Among the plots sold lately, the transaction volume is higher for 7-marla and 10-marla residential plots. This simply suggests that the active buyers are genuine buyers looking to construct their houses in the near future or the medium term investors willing to play only safe. We are inclined to think this because property-flipping practice is absent here. In addition, the buyers often pick the blocks and plots where development work is expected to be completed in the near future.

What kept the demand high?

The main factor that triggered the demand was the launch of Block D Markaz, which despite the overall dull market conditions was sold out soon after its launch some three months ago. The situation on ground also looks promising as development work on around four commercial units have already started off.

With Block D Markaz becoming operational, living in Gulberg Residencia will become a practical idea for many. The immediate impact of its launch was seen on the blocks located around it, where the demand has been the highest for plots ready for possession.

Litigated blocks

You should read our last blog to have a look at the status of litigated land in Gulberg Residencia. The only thing that changed in these months is that the developer has completed the land acquisition process for Block K.

A look at market rates

In this regard, you can visit our property listing page and have a look at the asking price for plots for sale in Gulberg Residencia. The prevailing market rates in terms of price range is as follows;

BlocksPlot SizePrice range
A7 MarlaPKR 3,800,000 – PKR 4,200,000
10 MarlaPKR 6,200,000 – PKR 7,200,000
1 KanalPKR 9,000,000 – PKR 11,000,000
2 KanalPKR 12,500,000 – PKR 15,000,000
B7 MarlaPKR 3,300,000 – PKR 3,500,000
10 MarlaPKR 4,300,000 – PKR 4,700,000
1 KanalPKR 6,500,000 – PKR 8,500,000
C7 MarlaPKR 3,500,000 – PKR ,200,000
1 KanalPKR 9,500,000 – PKR 11,000,000
E1 KanalPKR 9,000,000 – PKR 15,000,000
F7 MarlaPKR 3,400,000 – PKR 5,200,000
10 MarlaPKR 6,500,000 – PKR 7,500,000
G7 MarlaPKR 2,800,000 – PKR 3,400,000
10 MarlaPKR 3,500,000 – PKR 4,500,000
H7 MarlaPKR 3,000,000 – PKR 3,500,000
10 MarlaPKR 5,500,000 – PKR 7,000,000
I7 MarlaPKR 5,200,000 – PKR 5,800,000
10 MarlaPKR 6,800,000 – PKR 8,000,000
J1 KanalPKR 9,500,000 – PKR 11,500,000
K7 MarlaPKR 2,700,000 – PKR 3,000,000
10 MarlaPKR 3,800,000 – PKR 5,200,000
12 MarlaPKR 4,500,000 – PKR 5,000,000
L7 MarlaPKR 3,500,000 – PKR 4,000,000
10 MarlaPKR 4,500,000 – PKR 5,000,000
M7 MarlaPKR 3,000,000 – PKR 3,200,000
N7 MarlaPKR 2,500,000 – PKR 3,000,000
10 MarlaPKR 3,400,000 – PKR 4,500,000
1 KanalPKR 6,500,000 – PKR 8,500,000
O7 MarlaPKR 2,500,000 – PKR 3,000,000
10 MarlaPKR 4,000,000 – PKR 5,000,000
12 MarlaPKR 4,500,000 – PKR 5,500,000
P7 MarlaPKR 2,300,000 – PKR 3,000,000
10 MarlaPKR 3,500,000 – PKR 4,200,000
1 KanalPKR 5,000,000 – PKR 7,000,000
R7 MarlaPKR 2,400,000 – PKR 3,000,000
10 MarlaPKR 3,500,000 – PKR 5,000,000
S1 KanalPKR 5,500,000 – PKR 7,500,000
T7 MarlaPKR 2,500,000 – PKR 2,800,000
10 MarlaPKR 3,200,000 – PKR 3,600,000
1 KanalPKR 5,000,000 – PKR 6,500,000
V7 MarlaPKR 2,400,000 – PKR 3,500,000
10 MarlaPKR 3,800,000 – PKR 5,000,000
12 MarlaPKR 4,500,000 – PKR 6,000,000

 

Al Madina Estate & Builders
Mohammad Imran Rasheed
Call / Sms / Whatsapp
092 333 3690000
092 300 3690000
Email : info@almadinaestate.com

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Gulberg Islamabad

Latest Rates of Plots and Farm Houses in Gulberg Islamabad

Gulberg islamabad has seen major rise in prices over the past 4 years after it changed its marketing strategy and showed some quality development standards. We have created this page in order to give you an overview of current prices in all blocks of Gulberg Residencia and Gulberg Greens so that you may easily pick out your investment options in Gulberg.

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Gulberg Greens Farm House Prices

Following are the average prices in all blocks of Gulberg Greens Farm Houses.

>>>Gulberg Islamabad Latest Videos<<<

BlockSizePrice
A4 Kanal3.60 to 4.10 Crore
A5 Kanal4 to 4.5 Crore
A10 Kanal7.5 to 10 Crore
B4 Kanal2.75 to 3.25 Crore
B5 Kanal3.25 to 4.25 Crore
B10 Kanal6.5 to 8 Crore
C4 Kanal3.75 to 4.15 Crore
C5 Kanal4.25 to 4.5 Crore
C10 Kanal7.50 to 11 Crore
D4 Kanal2.50 to 3 Crore
D5 Kanal2.90 to 3.75 Crore
D10 Kanal6 to 8 Crore
E4 Kanal2.35 to 2.75 Crore
E5 Kanal2.80 to 3.50 Crore
E10 Kanal6.50 to 8.50 Crore

>>>Click here to view Latest Map of Gulberg Greens Islamabad<<<

Above listed prices include buying and selling prices of all sizes of farm houses according to the blocks, development status, category and location.

>>>Bahria Town Karachi Latest Daily Rates Updates<<<

gulberg islamabad

Gulberg Residencia Plot Prices

Following are the average prices of plots in all blocks of Gulberg Residencia Islamabad.

>>Gulberg Islamabad Latest Video<<<

BlocksPlot SizePrice range
A7 MarlaPKR 3,800,000 – PKR 4,200,000
A10 MarlaPKR 6,200,000 – PKR 7,200,000
A1 KanalPKR 9,000,000 – PKR 11,000,000
A2 KanalPKR 12,500,000 – PKR 15,000,000
B7 MarlaPKR 3,300,000 – PKR 3,500,000
B10 MarlaPKR 4,300,000 – PKR 4,700,000
B1 KanalPKR 6,500,000 – PKR 8,500,000
C7 MarlaPKR 3,500,000 – PKR ,200,000
C1 KanalPKR 9,500,000 – PKR 11,000,000
E1 KanalPKR 9,000,000 – PKR 15,000,000
F7 MarlaPKR 3,400,000 – PKR 5,200,000
F10 MarlaPKR 6,500,000 – PKR 7,500,000
G7 MarlaPKR 2,800,000 – PKR 3,400,000
G10 MarlaPKR 3,500,000 – PKR 4,500,000
H7 MarlaPKR 3,000,000 – PKR 3,500,000
H10 MarlaPKR 5,500,000 – PKR 7,000,000
I7 MarlaPKR 5,200,000 – PKR 5,800,000
I10 MarlaPKR 6,800,000 – PKR 8,000,000
J1 KanalPKR 9,500,000 – PKR 11,500,000
K7 MarlaPKR 2,700,000 – PKR 3,000,000
K10 MarlaPKR 3,800,000 – PKR 5,200,000
K12 MarlaPKR 4,500,000 – PKR 5,000,000
L7 MarlaPKR 3,500,000 – PKR 4,000,000
L10 MarlaPKR 4,500,000 – PKR 5,000,000
M7 MarlaPKR 3,000,000 – PKR 3,200,000
N7 MarlaPKR 2,500,000 – PKR 3,000,000
N10 MarlaPKR 3,400,000 – PKR 4,500,000
N1 KanalPKR 6,500,000 – PKR 8,500,000
O7 MarlaPKR 2,500,000 – PKR 3,000,000
O10 MarlaPKR 4,000,000 – PKR 5,000,000
O12 MarlaPKR 4,500,000 – PKR 5,500,000
P7 MarlaPKR 2,300,000 – PKR 3,000,000
P10 MarlaPKR 3,500,000 – PKR 4,200,000
P1 KanalPKR 5,000,000 – PKR 7,000,000
R7 MarlaPKR 2,400,000 – PKR 3,000,000
R10 MarlaPKR 3,500,000 – PKR 5,000,000
S1 KanalPKR 5,500,000 – PKR 7,500,000
T7 MarlaPKR 2,500,000 – PKR 2,800,000
T10 MarlaPKR 3,200,000 – PKR 3,600,000
T1 KanalPKR 5,000,000 – PKR 6,500,000
V7 MarlaPKR 2,400,000 – PKR 3,500,000
V10 MarlaPKR 3,800,000 – PKR 5,000,000
V12 MarlaPKR 4,500,000 – PKR 6,000,000

>>>Click here to view latest map of Gulberg Residencia Islamabad<<<

The above listed prices include buying and selling rates of all sizes of residential plots in gulberg residencia which vary according to blocks, location, category and development status.

Should you require more information about buying and selling prices of plots or farm houses in Gulberg Islamabad, feel free to contact us by email or phone numbers given on contact page.

>>>Bahria Town Karachi Latest Daily Rates Updates<<<

Contact Us :

Al-Madina Estate & Builders

99-a , The Address Boulevard , Spring North Commercial

Bahria Town Phase 7 , Rawalpindi.

092 300 3690000 ( WhatsApp)

092 333 3690000 ( WhatsApp )
info@almadinaestate.com

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Gulberg Residencia

Exploring the ins and outs of Islamabad’s Gulberg Residencia

The vicinity of under-construction Islamabad Expressway is destined to become hotcake among potential investors in the due time. Gulberg Residencia is among these societies. However, real estate investment volume has gradually dropped in the course of last couple of weeks.

In order to help you understand the factors that have altered investment volume in the society that occupies a fine spot in Islamabad, I have prepared this exclusive analysis. Read on!

Litigation

More than 50% of the project’s land is in litigation. While the developer is busy fixing the issue, the fact remains that they don’t have complete possession of land in many blocks. Blocks I, J and E are the only blocks where the developer has acquired and developed 100% land with possession available. Naturally property rates in these blocks is also higher. In addition, many plot owners are also constructing their houses in the mentioned blocks.

In blocks L and V, the developer has acquired and developed about 50% and 75% of the area respectively. Block A and G are 20% cleared and developed. Major litigation issues prevail in Block H, K, M, O, and P while 50% land is available for Block N. In blocks B, F, Q, R, S and T, the developer has acquired 100% land but have carried out no development so far.

Slow Pace of development

Due to litigation issues, the pace of development work in the project is slow. The increased real estate activity witnessed during the last two months was due to the construction of Gulberg Interchange and the bridge that connects Gulberg Greens with Gulberg Residencia. Interesting thing to note here is that, in terms of development work pace, the opposite is seen in Gulberg Greens – an exclusive farmhouse project targeting the end users from upper class.

Block wise rates

Here is block-wise price range of residential plots in Gulberg Residencia:

BlocksPlot SizePrice range
A7 MarlaPKR 3,200,000 – PKR 3,500,000
10 MarlaPKR 4,700,000 – PKR 5,200,000
1 KanalPKR 7,500,000 – PKR 9,000,000
2 KanalPKR 13,000,000 – PKR 14,000,000
B7 MarlaPKR 3,200,000 – PKR 3,500,000
10 MarlaPKR 4,700,000 – PKR 5,200,000
1 KanalPKR 7,500,000 – PKR 9,000,000
C7 MarlaPKR 3,400,000 – PKR 3,700,000
1 KanalPKR 8,000,000 – PKR 100,000,000
E1 KanalPKR 8,800,000 – PKR 3,700,000
F7 MarlaPKR 3,300,000 – PKR 3,800,000
10 MarlaPKR 4,800,000 – PKR 5,500,000
G7 MarlaPKR 3,100,000 – PKR 3,300,000
10 MarlaPKR 3,900,000 – PKR 4,500,000
H7 MarlaPKR 2,400,000 – PKR 3,000,000
10 MarlaPKR 3,500,000 – PKR 4,000,000
I7 MarlaPKR 3,700,000 – PKR 4,000,000
10 MarlaPKR 5,000,000 – PKR 6,000,000
J1 KanalPKR 8,000,000 – PKR 9,000,000
K7 MarlaPKR 2,300,000 – PKR 2,700,000
10 MarlaPKR 5,000,000 – PKR 6,000,000
12 MarlaPKR 4,400,000 – PKR 4,400,000
L7 MarlaPKR 3,000,000 – PKR 3,400,000
10 MarlaPKR 4,000,000 – PKR 4,500,000
12 MarlaPKR 4,500,000 – PKR 5,000,000
M7 MarlaPKR 2,300,000 – PKR 2,600,000
N7 MarlaPKR 2,500,000 – PKR 2,700,000
10 MarlaPKR 3,500,000 – PKR 4,000,000
O7 MarlaPKR 2,300,000 – PKR 2,500,000
10 MarlaPKR 3,000,000 – PKR 3,700,000
12 MarlaPKR 3,800,000 – PKR 4,000,000
P7 MarlaPKR 2,100,000 – PKR 2,500,000
10 MarlaPKR 2,900,000 – PKR 3,200,000
12 MarlaPKR 4,100,000 – PKR 4,600,000
R7 MarlaPKR 2,300,000 – PKR 2,500,000
10 MarlaPKR 3,500,000 – PKR 3,600,000
S1 KanalPKR 5,000,000 – PKR 5,500,000
T10 MarlaPKR 3,000,000 – PKR 3,500,000
1 KanalPKR 4,800,000 – PKR 6,000,000
V7 MarlaPKR 2,300,000 – PKR 2,800,000
10 MarlaPKR 3,500,000 – PKR 3,800,000
12 MarlaPKR 4,200,000 – PKR 4,500,000

 

What’s coming up next?

I have learnt that the developer is looking to offer possession for plots in Block B, F and R in the coming three months. So property rates in these blocks can go up. Furthermore, the auction of commercial plots in Block D Markaz, which is the commercial sector of Gulberg Residencia, is also planned in June this year.

Where to invest?

If you have enough capital, you can wait for the auction of commercial plots in D Markaz. If playing big is not your cup of tea, you can opt for buying residential plots in Block B, F, R and P (only in the developed part). My sources claim that 1 kanal residential plots in Block P could fetch better gains in the short to medium term.

Have a feedback on this article or Gulberg Residencia? Leave you comment below.

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