FBR Revises Property Valuation Rates Across Islamabad

The Federal Board of Revenue (FBR) has revised property valuation rates across 68 residential, commercial, and rural locations in Islamabad, bringing assessed values closer to prevailing market prices. Issued under SRO 2392, the updated rates are now effective immediately and apply to all ongoing and future property transactions in the capital.Under the new valuation framework, residential and commercial superstructures up to five years old have been assessed at PKR 4,000 per square foot, while older structures will be valued at PKR 3,000 per square foot. Rural area valuations will continue to be determined by the Islamabad District Collector.Among major revisions, Sector E-7 has become Islamabad’s most expensive residential area, while significant increases have also been recorded in F-6, F-7, F-8, and D-12. The move is aimed at improving transparency, documentation, and tax compliance in the real estate sector.