A man committed suicide in Gulshan-e-Iqbal area of the city on Saturday.
According to police, Muhammad Ali, son of Tariq Raheem, died when he shot himself in a Karachi Estate Agency near Karachi University, Block 5 Gulshan-e-Iqbal.
The victim was a property broker and he had lost a huge amount of money in his business, said police.
The body was moved to the Abbasi Shaheed Hospital for medico-formalities.