ISLAMABAD: In a development that has jolted property owners across the capital, the Federal Board of Revenue has issued a fresh valuation schedule for immovable properties in Islamabad, sharply increasing rates by 150 to 200 per cent in many cases far above existing market prices.
Through S.R.O. 2392(I)/2025, issued on Tuesday, the FBR has enforced new valuation tables for 68 locations across the Islamabad Capital Territory, covering residential, commercial and rural properties in major schemes including DHA, Bahria Enclave, Gulberg, Zartaj Housing, Ghandhara City and B-17.
A key change under the revised regime is the bifurcation of taxes on land and construction. Property owners will now pay separate taxes on the plot and the superstructure. For built-up units, the FBR has fixed the superstructure value at Rs4,000 per square foot for buildings up to five years old and Rs3,000 per square foot for structures older than five years.
Under the new tables, Sector E-7 has emerged as the most expensive locality, with open residential plots valued at Rs600,000 per square yard. Sectors F-6 and F-7 follow at Rs500,000 per square yard, while F-8 stands at Rs450,000. Open plot valuations in F-10, F-11 and G-6 have been capped at Rs350,000 per square yard. D-12 and I-8 are now set at Rs250,000, and E-11, G-8 and G-9 at Rs180,000 per square yard.
Commercial property rates have also surged. D-12 and E-11 now carry maximum commercial valuations of Rs1 million per square yard, while E-7, F-6, F-7 and F-8 have been pegged as high as Rs2.5 million. Commercial plots in F-10 and F-11 are valued at Rs2.2 million per square yard, and those in G-5 to G-9 at Rs1.8 million.
Farmhouse and industrial valuations have climbed significantly as well. The per-kanal price in Chak Shahzad has risen to Rs11.2 million, in Orchard Scheme to Rs14 million, and in Gulberg Green to Rs17.55 million. Industrial plots in I-9 and I-10 have been set at up to Rs18 million per kanal.
While a few pockets have seen downward adjustments, the overall trend reflects a sweeping escalation, particularly in central and high-value corridors of the capital.
For rural areas, valuations will follow the ADC (Revenue)/District Collector Islamabad notification of July 1, 2025. Where two different rates apply to the same locality, the higher valuation will prevail.
The revised rates have taken immediate effect, with the FBR advising buyers, sellers, developers and investors to strictly comply with the updated valuation schedule for all property transfers.
