Rawalpindi: The district administration has announced a 15% increase in Deputy Commissioner (DC) property rates across Rawalpindi, affecting both residential and commercial areas. The revised rates will be implemented from July 1, 2025, and apply to upscale neighborhoods as well as older and underdeveloped localities.
This increase in DC rates will raise the official valuation, or registry price, of all property types, leading to higher transaction costs including stamp duties and taxes calculated on government-notified rates. Posh and commercial areas will see a steeper surge in rates compared to other zones.
In response, the local property market has experienced a spike in sale registrations, with buyers and sellers rushing to finalize deals before the new fiscal year begins. Property dealers are prioritizing transactions before the June 30 deadline to avoid the higher valuation costs.
The Property Registrar Office has clarified that only those transactions for which complete sale statements are submitted by June 30 will be registered at current DC rates. Any incomplete cases will be subjected to the revised valuations from July 1 onward, and buyers will need to furnish additional stamp papers where applicable.
The impact of the upcoming Punjab budget, to be presented on June 14, could further affect the sector. If any changes are made to stamp duty, capital value tax (CVT), or other property-related levies, they will also apply to registries processed after the fiscal turnover.
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.
