The Federal Board of Revenue has rolled out new valuation rates for properties in Islamabad, covering 68 residential, commercial, and rural sites including DHA, Zartaj Housing, Gulberg, and Bahria Enclave, as outlined in SRO 2392. High-end sectors like E-7, F-7, F-6, and F-8 face sharp increases, with some areas seeing cuts, affecting capital gains and withholding taxes immediately.
Superstructures up to five years old now value at Rs 4,000 per square foot, dropping to Rs 3,000 for older ones, while rural rates follow the District Collector's assessment. E-7 tops residential plots at Rs 600,000 per square yard, followed by F-7 and F-6 at Rs 500,000, F-8 at Rs 450,000, and F-10, F-11, G-6 at Rs 350,000.
Farmhouses in Chak Shahzad hit Rs 11.2 million per kanal, Gulberg Green Rs 17.55 million, with commercial plots in D-12 and E-11 at Rs 1 million per square yard, and prime E-7/F-7 spots up to Rs 2.5 million. Officials aim to match valuations with market realities for greater transparency in transactions.
