Gulberg Residencia is a sub-project of Gulberg Islamabad, being developed by the Intelligence Bureau Employees Cooperative Housing Scheme (IBECHS).
Gulberg Residencia offers residential plots of 7 marla, 10 marla and 1 kanal while Gulberg Greens offers farm houses of 5 kanals or more. Gulberg Residencia is expected to be more populated than Gulberg Greens due to its smaller plot sizes.
Nevertheless, the planning and design of the society has been takes care of the high demand by offering good sized commercial centers along with commercial belts across the main boulevard.
Scroll down to know about location, amenities, payment plan, possession, and development update in Gulberg Residencia.
Table of Contents
Prime Location
Gulberg Residencia is located about 6 to 7 KM off the Islamabad Highway. A 220 ft wide Gulberg Expressway connects Gulberg Greens with the project through a bridge that is under construction at present.
Residents of Gulberg Residencia enjoy the privilege of being close to the twin cities: Islamabad and Rawalpindi. The distance between the society and the cities is around 20 kilometres from Aabpara, 15 kilometers from T0Chowk Rawat, 8km from Koral Chowk and 20 kilometres via Gulberg Expressway and Islamabad Expressway.
Furthermore, Gulberg Residencia has its main gate at Chak Shahzad and Naval Anchorage, saving a lot of travelling time. Therefore, investors are attracted to its ideal location.
Landmarks surrounding Gulberg Residencia include: Lake View Park (25km away), Kachnar Park, Shakarparian, and Mohammed bin Qasim Park at a drive of 20-25 minutes from Gulberg Residencia. Cine Gold Plex in Bahria Town is also part of the nearby amenities.
The google map below shows the prime location of Gulberg Residencia Islamabad.
What does Gulberg Residencia offer?
The project is spread over 15000 kanals of land comprising of 10,000 residential plots. The project is divided into 21 blocks from A to V, excluding U, D, which are the commercial blocks of Gulberg. It consists of standard residential houses (200-1000 Sq.Yds) and Luxury Apartments & Condominiums.
- 5 marla (Block AA1 and AA2 only)
- 7 marla
- 10 marla
- 1 kanal
READ MORE: Gulberg – Is It Becoming The Next Commercial Hub Of Islamabad?
Map
Download the map of Gulberg Residencia:
Availability of Amenities
Located in a prime location, it offers the convenience of public transport. You can find a bus stop near Judicial Colony, Airport Society, PWD, and Koral Chowk to commute. Moreover, IBECHS realizes the growing demand for malls and has been constructing many shopping plazas in its area. Not to forget though, that Gulberg Residencia can easily access Ghauri Town Phase 7’s mini market, Madina’s Yousafzai market, mini marts in Naval Anchorage.
There are also many educational institutes located outside the society, such as The Smart School in Airport Employees CHS, Siddeeq Public School in Madina Town, Islamabad Model College for Girls (IMCG) in Kirpa, Bahria Foundation College and Bahria College in Naval Anchorage, and FC Group of Colleges in Ghori Town.
For healthcare, hospitals and clinics are under construction which include a 600-bed equipped buildings with the latest technologies. Additionally, United Bank Limited (UBL), MCB and HBL. Allied Bank and Summit Bank are in close proximity to Gulberg Residencia to ensure an uninterrupted possibility of daily transactions.
Payment Plan of Gulberg Residencia
Here’s an overview of latest prices in Gulberg Residencia:
| Plot Size | Plot Size |
|---|---|
| 5 marla (Block AA1, AA2) | 30 lacs to 35 lacs |
| 7 marla | 40 lacs to 1.20 crore+ |
| 10 marla | 75 lacs to 1.70 crore+ |
| 1 Kanal | 90 lacs to 3 crore+ |
Possession
Possession is available in the following areas of Gulberg Residencia
- 1 kanal plots in block A
- Block C, E, F, I, L and E
- Some parts of block J
Development Status
- Development work is complete for 1 Kanal plots in Block A. The development of the rest of the block is still under progress.
- The development work is well underway in block B but a lot of work is still to be accomplished.
- Block C, L, and T are almost fully developed – 90% work accomplished. Construction has started by plot owners.
- Block E, F, and I are fully developed and properties are also being constructed rapidly.
- Block J & G is only 60 and 80 percent respectively developed and the work is in quick progress.
- Development work in block H for 10 marla plots is complete but is in progress for 7 marla plots. Land acquisition for some parts is in progress.
- The land has been acquired for block K & N & O and the development will start soon.
- Block M is being developed and a lot of development has been achieved.
- Development work has taken place anew in block P.
- Development in block Q, R & S is well underway – 50% work is achieved.
- Block V is 60% developed and the land area is still to be transferred in the project’s name.
Demand Trends in Gulberg Residencia
Gulberg Residencia’s demand for plots has faced an upward trend due to the launch of D-Markaz and the speed at which development is taking place in various blocks. Currently, Blocks E, Block F, Block H, Block I, Block J, Block K, Block L, Block R, Block P, and Block Z are in high demand. because they are closer to D-Markaz.
Hence, its not a surprise that all the plots in block D sold out soon after D-Markaz’s launch. Another cause is the development status of these blocks, IBECHS is constructing the infrastructure of the area at an applaudable pace.
In fact, the development work on commercial plots has already started in some blocks. Hence, demand trends in Gulberg Residencia have remained fairly high and continue to attract more investors.
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