FBR Cuts Property Valuation Rates in Islamabad by a Massive 80%

The Federal Board of Revenue (FBR) has determined the fair market value of immovable residential properties –plots, flats, and apartments — in different areas of Islamabad.

The board has taken this decision in exercise of the powers conferred upon it under sub-section (4) of section 68 of the Income Tax Ordinance 2001 (XLIX of 2001) and in supersession of its Notification No. S.R.O. 1548(I)/2021, dated 1 December 2021.

Let’s have a detailed look at the valuation of properties in different areas of Islamabad:

Immovable Properties (Residential)

Sector/Location	Size (sq. yards)	Value per sq. yard (Rs.)
E-6	Any size	NA
E-7	Any size	150,000
F-6	Any size	140,000
F-7	Any size	140,000
E-11/3-4	Any size	70,000
B-17 (with possession)	Any size	20,000
B-17 (without possession)	Any Size	12,000
D-12	Any size	100,000
F-8	Any size	130,000
F-10	Any size	115,000
F-11	Any size	110,000
F-15 (with possession)	Any size	18,000
F-15 (without possession)	Any size	10,000
Faisal Town Housing Society	Any size	15,000
D-17 Housing Society	Any size	25,000
Fazaia Tarnol Housing Society	Any size	20,000
F-17 MPCHS	Any size	25,000
G-9	Any size	100,000
G-10	Any size	100,000
G-11	Any size	100,000
G-13	Any size	80,000
G-14/4	Any size	80,000
G-14/1,2,3	Any size	40,000
Jammu & Kashmir Cooperative Housing Society G 15 Islamabad	Any size	25,000
G-17 Supreme Court Housing Society	Any size	20,000
PECHS	Any size	10,000
Gandhara City	Any size	12,000
G-6	Any size	120,000
G-7	Any size	90,000
G-8	Any size	100,000
I-8	Any size	90,000
I-9	Any size	45,000
I-10	Any size	45,000
I-11	Any size	35,138
I-12	Any size	25,000
I-14	Any size	30,000
I-15	Any size	16,387
I-16	Any size	22,917
Bahria Town Phase 1	Any size	34,000
Bahria Town Phase 2	Any size	34,000
Bahria Town Phase 3	Any size	34,000
Bahria Town Phase 4	Any size	34,000
Bahria Town Phase 5	Any size	34,000
Bahria Town Phase 6	Any size	34,000
Pakistan Town	Any size	18,000
Ghouri Town	Any size	18,000
Hummak Town	Any size	18,000
Rawat	Any size	16,000
H sector	Any size	30,000
CDA Enclave-I	Any size	30,000
CDA Enclave-II	Any size	30,000
CDA Enclave-III	Any size	44,000
Bara Kahu	Any size	22,000
Chatta Bakhtawar	Any size	20,000
Chak Shahzad	Any size	28,000
Banigala	Any size	28,000
Jinnah Garden	Any size	20,000
River Garden	Any size	20,000
Naval Anchorage	Any size	20,000
Gulberg Residencia (with possession)	Any size	19,000
Gulberg Residencia (without possession)	Any size	13,000
DHA Phase 1	Any size	30,000
DHA Phase 2	Any size	35,000
DHA Phase 2 Ext.	Any size	8,264
DHA Phase 3	Any size	16,529
DHA Phase 4	Any size	9,917
DHA Phase 5	Any size	19,835
DHA Valley	Any size	8,264

Immovable Properties (Flats and Apartments)

Sector/Location	Nature	Value per sq. foot (Rs.)
E-6	Flat	NA
E-7	Flat	NA
F-6	Flat	NA
F-7	Flat	NA
E-11 Margalla	Flat	7,000
E-11 others	Flat	5,000
Veranda Residence E-11	Flat	10,000
Capital Heights E-11	Flat	8,000
B-17	Flat	4,500
D-12	Flat	7,500
F-8	Flat	15,000
F-8 Centaurus	Flat	25,000
New Blue Area (Opposite F9 Developed)	Flat	20,000
New Blue Area (Opposite F9 Under Developed)	Flat	10,000
F-10 Silver Oaks (Below 1,500 sq. ft.)	Flat	18,000
F-10 Silver Oaks (Above 1,500 sq. ft.)	Flat	15,000
F-10 Sukh Chayn	Flat	20,000
F-11 Other Flats	Flat	10,000
F-10 Other Flats	Flat	10,000
F-11	Flat	14,000
F-15	Flat	6,000
Faisal Town Housing Society	Flat	5,500
D-17 Housing Society	Flat	6,000
F-17 MPCHS	Flat	6,000
G-9	Flat	7,000
G-10	Flat	7,000
G-11	Flat	8,000
G-11 (Warda Hamna, Arch, Deans, and 11 Center Apartments)	Flat	11,000
G-13	Flat	7,000
G-14	Flat	7,000
G-15	Flat	7,000
Jammu & Kashmir Cooperative Housing Society G 15 Islamabad	Flat	7,000
G-17 supreme Court Housing Society	Flat	–
PECHS	Flat	7,000
G-6	Flat	9,000
G-7	Flat	9,000
G-8	Flat	9,000
F-10	Flat	9,000
Fazaia Tarnol Housing Society	Flat	7,000
Gandhara City	Flat	5,000
Gulberg Residencia	Flat	5,500
Gulberg Greens	Flat	7,000
Markaz I-8	Flat	3,555