Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for residential and commercial immovable properties in the Islamabad Capital Territory (ICT), increasing assessed values by an average of 15% to 75%, while excluding Defence Housing Authority (DHA) areas from the updated valuation framework. The revised rates were notified through SRO.163(I)/2026 on Monday, superseding the earlier valuation tables issued under SRO.2392(I)/2025. According to the FBR, the latest valuations were finalised following consultations with real estate agents operating in the federal capital. Earlier, the FBR had significantly raised property valuation rates under SRO.2392(I)/2025 in an effort to align official values with prevailing market prices. However, the move drew strong objections from stakeholders, prompting the government to suspend implementation of the notification until January 31, 2026.
The newly issued SRO replaces the suspended notification with revised and comparatively moderated valuation figures. Under SRO.163(I)/2026, the FBR has set fair market values for residential and commercial superstructures in Islamabad at PKR 3,000 per square foot for buildings up to five years old, and PKR 1,500 per square foot for structures older than five years. For rural areas within the Islamabad Capital Territory, property valuations will continue to be determined based on rates notified by the Additional Deputy Commissioner (Revenue) or the District Collector Islamabad. In cases where multiple notified rates apply to a specific area, the higher valuation will be considered applicable
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.
