Islamabad: The Federal Board of Revenue (FBR) has revised and reduced property valuation rates across Islamabad, cutting residential and commercial property values by 30 to 35 percent under its updated notification issued on Thursday.
According to the revised structure, valuation rates for residential and commercial superstructures up to five years old have been reduced to Rs2,500 per square foot from Rs3,000. For buildings older than five years, rates have been revised down to Rs1,200 per square foot from Rs1,500.
Significant reductions have also been notified across multiple housing sectors. In B-17 and C-14, possession-based residential plot rates have been reduced from Rs30,000 to Rs21,000 per square yard, while non-possession plots in B-17 have been revised from Rs15,000 to Rs10,500 per square yard.
In C-15, rates have been lowered from Rs25,000 to Rs17,500 per square yard, and in C-16 from Rs20,000 to Rs14,000 per square yard.
In D-12, residential flats have seen a reduction from Rs15,000 to around Rs10,500 per square foot, while commercial properties are now valued at up to approximately Rs17,500 per square foot. In D-13, residential plot rates have been revised from Rs16,000 to Rs11,200 per square yard.
In E-series sectors, E-7 residential plots are now valued at Rs225,000 per square yard, while commercial constructed properties range from Rs10,000 to Rs100,000 per square foot. In E-11, rates range between Rs70,000 and Rs100,000 per square yard, while E-12 is fixed at Rs39,200 per square yard.
In G-series sectors, notable reductions include G-13 from Rs100,000 to Rs70,000 per square yard, G-14 ranging between Rs35,000 and Rs63,000, G-15 between Rs7,000 and Rs17,500, G-16 between Rs6,000 and Rs10,500, and G-17 from Rs25,000 to Rs17,500 per square yard.
Other areas also saw downward revisions, including Margalla Town from Rs55,000 to Rs38,500 per square yard, Chak Shahzad from Rs50,000 to Rs35,000, Banigala from Rs35,000 to Rs24,500, and Park View City reduced to Rs24,500 per square yard.
In commercial zones, Blue Area on Jinnah Avenue now carries a fixed rate of Rs100,000 per square foot for constructed properties, while Blue Area Fazl-e-Haq Road ranges between Rs8,000 and Rs50,000 per square foot. Rates in New Blue Area and sectors G-9, F-9, G-8 and F-8 have been retained between Rs40,000 and Rs150,000 per square foot.
For rural areas of Islamabad, property valuations will continue to be determined under rates notified by the Additional Deputy Commissioner (Revenue) or District Collector under the July 1, 2025 notification.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
