Gulberg Residencia in Islamabad, a project by the Intelligence Bureau Employees Cooperative Housing Society (IBECHS), is known for its modern infrastructure, strategic location, and lush green environment. Block P, in particular, presents a unique blend of opportunities and challenges, making it a compelling option for potential investors and residents.
Prime Location and Accessibility
Gulberg Residencia is strategically located on the Islamabad Expressway, offering seamless connectivity to both Islamabad and Rawalpindi. Block P, although located towards the edge of the society, benefits from this prime location. The block’s elevated position is considered advantageous by many, providing a desirable living environment.
Master Plan and Infrastructure
The master plan of Gulberg Residencia is designed to provide a blend of luxury and practicality. Block P is divided into four sub-sections: P-1, P-2, P-3, and P-4. Each of these sections is designed to offer a variety of residential options:
- Wide Roads: Ensuring smooth traffic flow and easy navigation.
- Underground Utilities: Maintaining aesthetic appeal and functionality.
- Green Spaces: Parks and recreational areas that promote a healthy and vibrant lifestyle.
- Essential Amenities: Schools, hospitals, and shopping centers within close reach, ensuring that residents have everything they need within the community.
Development Status
The development status of Block P varies across its sub-sections:
- P-1 and P-2: Development work is actively underway, with machinery currently busy leveling the terrain and cutting the plots. Only 5% of Block P is in litigation, which does not significantly impact the ongoing development in these areas.
- P-3 and P-4: While development work is yet to kick off, a deal between the developer and landowners has been finalized. The settlers will be moved soon, allowing the developer to commence development work.
Block Map and Plot Sizes
Block P in Gulberg Residencia offers various plot sizes to cater to different needs. The available plot sizes include:
- 7 Marla
- 10 Marla
- 1 Kanal
- 2 Kanal
These plots provide ample space for constructing modern homes equipped with all necessary amenities, catering to both small families and larger households.
Current Market Rates
The property rates in Block P are relatively low compared to other blocks, reflecting its location towards the edge of the society. The price ranges are:
- 7 Marla: PKR 26-65 lakh
- 10 Marla: PKR 35-100 lakh
- 1 Kanal: PKR 55-200 lakh
- 2 Kanal: PKR 100-125 lakh
These rates indicate the potential for significant value appreciation once development progresses.
Excellent Amenities
Living in Block P means having access to top-notch amenities that enhance the quality of life:
- Educational Institutions: Close to reputable schools and educational centers.
- Healthcare: Easy access to hospitals and clinics within the community.
- Recreational Areas: Numerous parks and playgrounds for leisure and outdoor activities.
- Commercial Facilities: Shopping centers, offices, and dining options available in and around the block.
Contact Information for Sale/Purchase
For those interested in buying or selling properties in Block P, you can contact: Al Madina Estate & Builder
- Phone: +92-300-3690000, +92-333-3690000
- Email: info@almadinaestate.com
Conclusion
Gulberg Residencia Islamabad Block P offers a mix of challenges and opportunities. Its prime location, thoughtful planning, variety of plot sizes, and affordable prices make it an attractive option for investors looking to capitalize on future developments. While the current development status is limited, the potential for significant growth and value appreciation makes Block P a promising choice for those seeking a long-term investment.