Karimabad is named after, Prince Karim Aga Khan IV. It is situated at south of Gulberg Town bordering Liaquatabad, Gharibabad and Federal B. Area. The population of this neighborhood is predominantly Ismailis.
People living here belong mostly to middle class to lower middle class. It is also known for its whole-sale market of sports good and stationery. The area's pivotal place is Ismaili Jama'at Khana, which is one of the largest in Pakistan. There are two colonies, commonly known as New Karimabad and Old Karimabad. It is well known for its Meena Bazar and United Sweets Bakers & Nimco. There are various other markets including, Bazar-e-Faisal, Al-Najeebi and Memon Market.
Karimabad is also a well known place because of the bridge. Karimabad is also adjacent to Musa Colony, famous for Fish Market.
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