After the independence of Pakistan in 1947, Rizvia Colony was made by a school teacher of Sindh Madressah, Maulana Aneesul Hasnain, along with Advocate Qazalbash in 1948. Their concept was to provide plots exclusively to Shias, and not to people of other sects.
The postal code for this area is 74600. This co-operative society has its own hospital and a school. The society has a board of trustees which look after the trust matters. This trust has its office in Central Mosque, which is also known as Shah-i-Karbala Mosque.
It is one of the oldest Shia neighbourhoods in Karachi.