FBR Revises Islamabad Property Valuation Rates, Raises Values by 15% to 75%

Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for immovable properties in the Islamabad Capital Territory (ICT), increasing assessed values by an average range of 15 to 75 percent, following consultations with stakeholders.

The updated rates were notified through a fresh Statutory Regulatory Order (SRO), replacing the earlier SRO 2392(1)/2025 dated December 8, 2025, which had raised property valuations by more than 200 percent on average and triggered strong criticism from the real estate sector. The previous notification was later suspended until January 31, 2026 to allow for review and stakeholder input.

Under the revised notification, Defence Housing Authority (DHA) has been excluded from the ICT valuation tables, as demanded by stakeholders. DHA will be assessed separately under Rawalpindi-related valuation frameworks.

According to the SRO, the valuation of residential and commercial superstructures has been set at:

• Rs3,000 per square foot for buildings up to five years old
• Rs1,500 per square foot for buildings older than five years

For rural areas of ICT, valuations will continue as notified by the Additional Deputy Commissioner (Revenue)/District Collector Islamabad. In case of conflicting valuations, the higher rate will apply.

The revised valuation tables include sector-wise rates across Islamabad. In B-17, residential plots with possession are valued at Rs30,000 per square yard, while plots without possession are Rs15,000. Apartments have been valued at Rs6,500 per square foot. In C-14, C-15 and C-16, plot valuation rates have been fixed at Rs30,000, Rs25,000, and Rs20,000 per square yard respectively. In D-12, open plots have been valued at Rs130,000 per square yard.

Among premium sectors, E-7 has been valued at Rs225,000 per square yard, while E-11 and E-12 have been fixed at Rs70,000 per square yard, rising to Rs100,000 per square yard in E-11/3 and E-11/4. In F-6 and F-7 (including Kohsar Market), the valuation rate stands at Rs210,000 per square yard, while F-8 has been assessed at Rs200,000 per square yard. Apartments in F-8 Markaz are valued at Rs25,000 per square foot, while apartments in Centaurus are valued at Rs35,000 per square foot.

Other sectors include F-10 and F-11 at Rs175,000 and Rs165,000 per square yard, G-6 at Rs140,000, G-7 at Rs120,000, and G-series sectors ranging down to Rs15,000 per square yard in G-16. Rates were also revised for I-sectors, Margalla Town, Park View, PAF Fazaia Colony and New Blue Area, among other localities.

Agro-based farm valuations were also updated, with Chak Shahzad farms assessed at Rs12 million per kanal, while Gulberg Green with possession is valued at Rs16,000 per square yard and without possession at Rs8,000 per square yard.

Reacting to the revised notification, President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir welcomed the decision, stating that setting property valuation rates through consultation would support economic revival. A property analyst also noted that the exclusion of DHA from ICT valuation tables was a key stakeholder demand that has now been addressed.

The updated valuation rates will impact property-related tax calculations, including withholding taxes and capital gains assessments, in Islamabad’s real estate market.