ISLAMABAD: Minister of Finance, Shaukat Tarin in consultation with the higher authorities of the Federal Board of Revenue (FBR) has decided to extend the deadline for revised valuation rates of properties in 40 cities.
According to the details, the authorities are considering revising the valuation rate by 25 to 50 percent under the Statutory Regulatory Order (SRO) of 2019.
The increase in the valuation rates is being done in response to the conditions of the World Bank (WB) for bringing the valuation rates of the real estate market closer to the real market values.
The federal government has issued the notification for the suspension of revised valuation rates by 31st January, notification for the new revised rates will be issued on 1st February 2022.
For news and blogs, visit Graana.com.
Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…
Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…
Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…
Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…
Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
