Summary FBR cuts Islamabad property valuation rates by up to 35%, revising sector-wise prices across residential and commercial real estate.
ISLAMABAD (Web Desk) – The Federal Board of Revenue (FBR) has announced a significant reduction in the valuation of immovable properties in Islamabad, cutting official rates by 30 to 35 percent across a wide range of residential and commercial categories.
The revised valuation tables were issued through a notification on Thursday, signalling a notable shift in the capital’s real estate pricing framework. The move affects both constructed properties and plots across multiple sectors, while some prime commercial zones largely retain their previous benchmarks.
Under the updated structure, the valuation rate for residential and commercial superstructures up to five years old in Islamabad’s older sectors has been reduced from Rs3,000 to Rs2,500 per square foot. For buildings older than five years, the rate has been lowered from Rs1,500 to Rs1,200 per square foot. These adjustments reflect a broad-based correction in official property prices used for taxation and transaction purposes.
For rural Islamabad, valuation will continue to be governed by rates notified by the Additional Deputy Commissioner (Revenue) or District Collector, as per the July 1, 2025 notification, leaving those areas unaffected by the latest revision.
The revised valuation tables show substantial reductions across developing and mid-range sectors. In B-17 and C-14, possession-based residential plots have dropped from Rs30,000 to Rs21,000 per square yard, while non-possession plots in B-17 have been reduced from Rs15,000 to Rs10,500. In C-15, rates have been cut from Rs25,000 to Rs17,500 per square yard, and in C-16 from Rs20,000 to Rs14,000.
D-12 has seen a notable adjustment, with constructed residential flats reduced from Rs15,000 to around Rs10,500 per square foot. Commercial constructed properties in the same sector are now valued at approximately Rs17,500 per square foot. In D-13, residential plot rates have fallen from Rs16,000 to Rs11,200 per square yard.
In the G-series sectors, G-13 has declined from Rs100,000 to Rs70,000 per square yard. G-14 now ranges between Rs35,000 and Rs63,000, while G-15 stands between Rs7,000 and Rs17,500. G-16 ranges from Rs6,000 to Rs10,500, and G-17 has been reduced from Rs25,000 to Rs17,500 per square yard.
Reductions extend to several prominent residential areas. Margalla Town has dropped from Rs55,000 to Rs38,500 per square yard, Chak Shahzad from Rs50,000 to Rs35,000, and Banigala from Rs35,000 to Rs24,500. Park View has also been revised downward to Rs24,500 per square yard.
In upscale sectors, valuation benchmarks remain comparatively high. In E-7, residential plots are valued at Rs225,000 per square yard, while constructed commercial properties range between Rs10,000 and Rs100,000 per square foot. In E-11, rates fall between Rs70,000 and Rs100,000 per square yard, while E-12 is set at Rs39,200 per square yard.
Commercial hubs show mixed trends. In Blue Area along Jinnah Avenue, constructed flats are fixed at Rs100,000 per square foot. On Fazl-e-Haq Road, rates range from Rs8,000 to Rs50,000 per square foot. Meanwhile, valuations in New Blue Area and sectors G-9, F-9, G-8 and F-8 largely remain unchanged, ranging between Rs40,000 and Rs150,000 per square foot.
The revised notification reflects a broad recalibration of property values across Islamabad, with reductions exceeding 30 per cent in several areas, while prime commercial districts retain stronger valuation levels.
