The Capital Development Authority (CDA) has revised its fee structure in response to a sharp rise in property prices across the federal capital, marking the first major update since 2017.
According to details reported by 24News, the CDA has introduced new Floor Area Ratio (FAR) rates, requiring property owners and developers to pay higher fees for constructing additional floors in both residential and commercial buildings. The authority has also lifted previous restrictions on the number of floors allowed in several sectors.
Officials stated that the revised charges were determined based on the General Price Index (GPI) to reflect current market conditions. Under the new system, the more storeys a building has, the higher the amount payable to the CDA’s treasury.
In the updated schedule, the FAR rate for Blue Area has been set at Rs. 4,951 per square foot, while F-7 and F-11 now have the highest commercial rates at Rs. 8,758 and Rs. 8,100 per square foot, respectively.
The G-5 Diplomatic Enclave and G-6 areas will be charged Rs. 2,110 per square foot, whereas residential plots in G-7 and G-8 carry revised rates of Rs. 2,305 and Rs. 2,585, respectively.
Meanwhile, I-8 and I-12 sectors have been revised to Rs. 4,100 and Rs. 1,616 per square foot. The highest FAR rate overall, Rs. 11,586, applies to class-three shopping centers in the E and F series sectors.
For other property categories, the new rates include Rs. 1,899 for Sabzi Mandi, Rs. 4,722 for cold storage sites, Rs. 3,296 for hospitals, Rs. 2,054 for hotels, Rs. 1,283 for institutional plots, and Rs. 4,269 for flat sites.
