Islamabad (HRNW) – The Federal Board of Revenue (FBR) has issued a fresh notification revising property valuation rates across Islamabad, resulting in a significant increase in prices within the capital’s upscale sectors.
According to the notification, new valuation rates have been set for 68 residential, commercial, and rural locations. High-end sectors and new housing projects—including E-7, F-7, F-6, and F-8—have seen a major upward revision in land values.
The FBR has also reduced property rates in some areas following a comprehensive review of real estate prices in the federal capital.
As per the newly issued SRO, the “fair market value” of immovable properties has been officially updated:
- Residential and commercial buildings five years old or newer will now be valued at Rs. 4,000 per square foot.
- Structures older than five years will be valued at Rs. 3,000 per square foot.
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