Gulberg Islamabad, an Intelligence Bureau Employees Cooperative Housing Society (IBECHS) project, is one of the most popular housing societies in the federal capital. The project is located on Islamabad Expressway, because of which it will benefit directly from transformation of this road into a 25-kilometre long, signal-free avenue that links Rawat with Zero Point. In just about a year’s time, the four-lane wide Islamabad Expressway will touch Gulberg Islamabad, making it even more accessible from all parts of the city. Gulberg Islamabad is the largest housing society near Benazir Bhutto International Airport and continues to attract a big chunk of real estate transactions that take place in the city these days. The project features two sub localities; Gulberg Greens and Gulberg Residencia. Being an exclusive farmhouse project, Gulberg Greens targets the elite. Gulberg Residencia, on the other hand, has a wider range of options available for genuine buyers to consider, which is why
The under-construction Islamabad Expressway is destined to bring good luck to nearby societies in due time. Gulberg Residencia is among these societies. However, real estate investment volume has gradually dropped in the course of the last couple of weeks. In order to help you understand the factors that have led to a fall in investment volume in the society – despite its prime location – I have prepared this exclusive analysis. Read on! Litigation woes More than 50% of the project’s land is stuck 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% of the land – and possession has made been available. Naturally property rates in these blocks are 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 a