Islamabad: The Federal Board of Revenue (FBR) has released new property valuation tables for the federal capital, according to a news source.
The new property rates of residential areas in the federal capital range from PKR 15,000 per 200 square yards to PKR 57,150 per 200 square yard plot. The commercial property rates fall in the range of PKR 13,000 per square foot to PKR 123,750, depending upon the locality.
Specifically, the rate for sector D-12 has been set at PKR 32,000 per square yard, the rate for sector E-7 has been set at PKR 57,000 per square yard and the rate for E-11 has been set at PKR 26,000 per square yard.
Bahria Enclaves rates, on the other hand, range from PKR 4 million per 272 square yards to PKR 8 million per 500 square yards.
For flats and apartments, the new rates go up to PKR 4,930 per square foot.