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23 June, 2018

Gulberg Residencia Development work and Plot Prices

Property News

Gulberg Residencia is sub-locality of Gulberg Islamabad, consisting of 200 yards up to 1000 yards residential plots. It is among the few residential projects in Islamabad Zone IV where trade volume has been increasing due to genuine demand. Gulberg Residencia is set to reap immense benefits from the expansion of Islamabad Expressway and it becoming a single free corridor connecting Rawat with Zero Point. Gulberg Residencia is the biggest housing society near Benazir Bhutto International Airport and continues to attract a big lump of real estate businesses that take place in the city these days. It is believed that Gulberg Residencia could very well be the next place for the investors to head to.

Location

Gulberg Residencia is ideally located on Main Islamabad Expressway at the intersection of Islamabad Zone iV and Zone V, with easy access to Islamabad and Rawalpindi.

Gulberg Residencia Development & Possession Status

Gulberg Residencia is divided in 21 blocks from A to V, excluding U. Block D is the commercial block of Gulberg Residencia which is fully developed already while remaining 20 blocks are residential. Plots of different sizes are available ranging from 200 Sq. Yards, 272 Sq. Yards, 356 Sq. Yards, 500 Sq. Yards and 1000 Sq. Yards. Four Blocks have been given possession of plots so far Block E, Block F, Block G and Block J. Block I is nearly developed too and close to possession. Parts of H, O, V, T, and L blocks are also developed now.

Block V is close to Naval Anchorage, and it is expected to have an access gate from Naval Anchorage as well as shown on its map. Commercial plots of Gulberg Residencia are not launched yet, so investors have this major investment opportunity to grab commercial plots as soon as these are launched at various locations of Gulberg with flexible payment plan.

Features & Amenities

Gulberg Residencia offers unique world class amenities which include wide roads lit by Solar Energy, Knowledge Village, Lakes, Bridges, Underground electric, gas and water connections, Sewerage Treatment Plants, New Blue Area, Mosques, Transport Terminal, Petrol Pumps, CNG Stations, Fire Station, Hospital, Pharmacies, Water Filtration Plants, Sports Complex, Amusement Parks, Restaurants, Hotel, Cinemas, Telephone Exchange, Auditorium, Community Center, Gymnasium, Public Library, Schools and Colleges. Some of Salient features are included:

  • Security
  • Modern City infrastructure
  • Modern Circulation Network
  • Beautiful Landscaping
  • Mosque
  • Transport Terminals
  • Gird Stations
  • Club & Gym
  • Planned Water bodies
  • Sports Complex
  • Golf Club
  • Business Avenue & Blue Area
  • Central Commercial Center
  • Luxury Apartments & Condominiums
  • Standard beautiful houses

Gulberg Residencia Plot Prices

If you compare the standards of town planning and modern lifestyle with a profound sense of security with any other society, Gulberg stands out as the right investment choice for you as its prices are as low as 60 lacs per Kanal in Residencia. There are various payment plans available as booking prices were revised multiple times.  Property demand has been picked up right now and people moving their investment in Gulberg Residencia expecting tempting outputs. Have a glimpse on current development & possession status blockwise.

Block A

Development work here is underway, where earthwork has been completed, while work is underway to lay the road network and sewerage lines. Possession is yet to be handed over in Block A.

Plot Size

Price Range

7 Marla

3,100,000 – 4,000,000

10 Marla

4,300,000 – 6,500,000

1 Kanal

6,000,000 – 10,000,000

2 Kanal

10,000,000 – 15,000,000

 

Block B

Here, the developer has completed work on 30% of the area, where roads are carpeted with sewerage lines laid. Possession has not been granted here yet.

Plot Size

Price Range

7 Marla

3,700,000 – 3,800,000

10 Marla

4,800,000 – 5,100,000

1 Kanal

8,500,000 – 9,500,000


 

Block E

Development work here has been completed for the 95% of the land for which possession has been granted. Around 15 families are living here.

Plot Size

Price Range

1 Kanal

9,000,000 – 11,000,000

 

Block F

The developer has completed work on 90% of the land and also handed over the possession.

Plot size

Price range

7 Marla

4,000,000 – PKR 4,700,000

10 Marla

6,000,000 – PKR 6,800,000

 

Block G

In this block, development work is yet to be started. Local settlements exist here, indicating that litigation issues may be present.

Plot size

Price range

7-Marla

2,400,000 – 2,600,000

10-Marla

3,500,000 – 4,500,000

              

Block H

Development work is yet to start in Block H, where the land has not been leveled either. A few settlements can also be seen here, but agents state that there are no litigation issues in this block.

Plot size

Price range

7-Marla

2,800,000 –3,400,000

10-Marla

4,500,000 –6,500,000

 

Block I

Work here is completed by 100% with possession available. About 50 houses have been constructed, and many families are already living here. No litigation issues exit in Block I.

Plot size

Price range

7-Marla

4,000,000 – 5,000,000

10-Marla

5,700,000 –6,000,000

 

Block J

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

Price range

1-Kanal

8,000,000 – 10,000,000

 

Block K

Land here has been levelled and machinery to start development work is also present. Some litigation issues exist in this block too.

Plot size

Price range

7-Marla

2,700,000 –3,200,000

10-Marla

3,400,000 –4,500,000

                               

Block L

Development work has been completed by 75%, for which possession has also been granted. Work is underway on the remaining 25% of the land. Some houses are also under construction in this block.

Plot size

Price range

7-Marla

3,500,000 – 4,000,000

10-Marla

4,600,000 –5,000,000

12-Marla

4,700,000 –5,100,000

 

Block M

In Block M, development work only started recently. This block has no litigation issues. Work is underway on various lanes.

Plot size

Price range

7-Marla

2,500,000 –3,200,000

 

Block N

At the moment, development work here has been completed by 30% while work is underway on the remaining 70% area. Here, litigation issues exist on land featuring 1-kanal plots.

Plot size

Price range

7-Marla

2,700,000 – 3,500,000

10-Marla

4,200,000 –4,700,000

1-Kanal

5,000,000 – 5,500,000

 

Block O

A small part of this area has been developed but no further work is being carried out at the moment. Around 40% of the block is in litigation.

Plot size

Price range

7-Marla

PKR 2,500,000 – PKR 2,700,000

10-Marla

PKR 4,000,000 – PKR 4,300,000

12-Marla

PKR 4,500,000 – PKR 4,700,000

                             

Block P

Currently, development work is underway in Block P, where work has been completed on 30% of the total area. It is the biggest block of the society. Here, litigation issues exist on 10% of the land.

Plot size

Price range

7-Marla

PKR 2,300,000 – PKR 3,200,000

10-Marla

PKR 4,500,000 – PKR 5,000,000

1-Kanal

PKR 5,000,000 – PKR 5,500,000

              

Block Q

Block Q is free from litigation issues yet the development work has been completed only by 10%, for which possession hasn’t been granted. At the same time, no machinery has been deployed to carry out development work on the remaining part.

Plot size

Price range

10-Marla

PKR 4,000,000 – PKR 4,500,000

12-Marla

PKR 4,100,000 – PKR 4,700,000

1-Kanal

PKR 4,800,000 – PKR 5,000,000

              

Block R

Development work has been completed here by 10%, with no possession available. In addition to that, no work is being carried out at the moment. About 10% land here is in litigation.

Plot size

Price range

7-Marla

PKR 2,600,000 – PKR 2,900,000

10-Marla

PKR 3,300,000 – PKR 4,000,000

12-Marla

PKR 4,000,000 – PKR 4,500,000

                                            

Block S

Block S is developed by 30%, while possession hasn’t been granted. At the moment, no further work is underway.

Plot Size

Price range

1-Kanal

PKR 5,000,000 – PKR 5,500,000

                             

Block T

In this block, development work has been completed by 90%, while possession is yet to be handed over.

Plot Size

Price range

10-Marla

PKR 3,700,000 – PKR 4,000,000

1-Kanal

PKR 4,000,000 – PKR 4,800,000

 

Block V

Development work here is complete by 40%, for which possession has been granted. At the moment, five houses are under construction here. This block has no litigation issues.

Plot size

Price range

7-Marla

PKR 3,000,000 – PKR 3,700,000

10-Marla

PKR 4,100,000 – PKR 4,800,000

12-Marla

PKR 4,800,000 – PKR 5,300,000

              

If you compare the above-mentioned rates with those of same plots sized the same in neighboring housing societies, you will definitely find Gulberg Residencia much cheaper. Gulberg Residencia is door way to the land of opportunities. If you have more questions please contact us at Apex Group “Converting Dreams into Reality”

 


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