In a move that has shocked residents of Islamabad, including those in DHA and Bahria Enclave, the Federal Board of Revenue (FBR) has raised the values of immovable properties by 150-200 percent above existing market values across all sectors of Islamabad Capital Territory.
The Federal Board of Revenue (FBR) has quietly implemented sweeping changes to property valuation rates across Islamabad, issuing new rates for residential, commercial, and rural areas in 68 locations, including high-profile housing colonies such as DHA, Zartaj Housing, Gulberg, Bahria Enclave, Ghandhara City, and B-17.
The FBR issued S.R.O. 2392(I)/2025 on Tuesday.
The main difference between the old notification and the new SRO is that residents of Islamabad Capital Territory will now be required to pay two separate taxes: one on the superstructure and another on the actual property. Different rates will apply to open plots and built-up houses, apartments, or flats.
According to the notification, the FBR will determine the fair market values of immovable properties in Islamabad.
The value of residential and commercial superstructures will be (a) Rs. 4,000 per square foot if the superstructure is up to five years old, and (b) Rs. 3,000 per square foot if the superstructure is more than five years old.
Sector E-7 now tops the list, with open residential plots valued at Rs. 600,000 per square yard. Sectors F-7 and F-6 follow at Rs. 500,000 per square yard, while F-8 is set at Rs. 450,000 per square yard.
Other sectors, including F-10, F-11, and G-6, have seen maximum open plot valuations rise to Rs. 350,000 per square yard. D-12 and I-8 are now valued at Rs. 250,000 per square yard, with E-11, G-8, and G-9 at Rs. 180,000 per square yard.
Commercial property rates have also surged. D-12 and E-11 now carry a maximum commercial rate of Rs. 1 million per square yard, while premium sectors such as E-7, F-6, F-7, and F-8 are valued as high as Rs. 2.5 million per square yard. Commercial plots in F-10 and F-11 are now set at Rs. 2.2 million per square yard, and those in G-5 through G-9 at Rs. 1.8 million per square yard.
Farmhouse and industrial valuations have been revised upward as well. The maximum per-kanal price in Chak Shahzad is now Rs. 11.2 million, in Orchard Scheme Rs. 14 million, and in Gulberg Green Rs. 17.55 million. One-kanal plots in the I-9 and I-10 industrial areas are now valued at up to Rs. 18 million.
While some areas have seen decreases in valuation, the overall trend is a substantial increase, particularly in Islamabad’s central and premium corridors.
The valuation of rural areas in Islamabad Capital Territory will be based on the notification dated July 1, 2025, issued by the Additional Deputy Commissioner (Revenue)/District Collector Islamabad.
In the event of conflicting rates for a particular area, the higher of the two values will apply, as the notification added.
The new rates are now in force, and all real estate buyers, sellers, developers, and investors have been advised to adhere to the updated valuation schedule for property transfers strictly.
