The Federal Board of Revenue (FBR) has reduced the valuation of immovable properties in the federal capital by 10 to 30 per cent, issuing an official notification in this regard.
Under SRO 644(I)/2026, the FBR has set new market values for residential and commercial plots and buildings.
According to the revised rates, the price of buildings up to five years old has been reduced from Rs3,000 to Rs2,500 per square foot, while for buildings older than five years, the rate has been lowered from Rs1,500 to Rs1,200 per square foot.
The notification states that property valuations in rural areas of Islamabad will remain unchanged, as per the rates set by the Deputy Commissioner (Revenue) on July 1, 2025. In case of any dispute, the higher valuation will be applicable.
Under the revised rates, significant reductions have been made across various sectors. In B-17 and C-14, the value of possession-held residential plots has been reduced from Rs30,000 to Rs21,000 per square yard, while in B-17, non-possession plots have dropped from Rs15,000 to Rs10,500 per square yard.
Similarly, rates in C-15 have been reduced from Rs25,000 to Rs17,500, and in C-16 from Rs20,000 to Rs14,000 per square yard.
In D-12, the value of constructed residential flats has been cut from Rs15,000 to around Rs10,500 per square foot, while commercial property has been adjusted to approximately Rs17,500 per square foot. In D-13, residential plot prices have decreased from Rs16,000 to Rs11,200 per square yard.
In high end sectors, residential plot prices in E-7 have been set at Rs225,000 per square yard, while commercial property rates range between Rs10,000 and Rs100,000 per square foot. In E-11, rates range from Rs70,000 to Rs100,000 per square yard, while in E-12, the valuation has been set at Rs39,200 per square yard.
In other areas, prices in G-13 have dropped from Rs100,000 to Rs70,000 per square yard, while in G-17 they have been reduced from Rs25,000 to Rs17,500 per square yard. Significant reductions have also been made in G-14, G-15, and G-16 sectors.
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