Rawalpindi: The Deputy Commissioner (DC) Rawalpindi has officially notified a significant increase in property valuation rates across the district, with prices rising by 10% to 20% across various categories. The revised DC rates have been applied to 1,056 localities (mouzas) in Rawalpindi, affecting both residential and commercial properties.
According to the new schedule, the highest surge in property rates has been recorded in Gujjar Khan, where property values in 384 mouzas have increased by 10% to 20%. In Rawalpindi city, 352 mouzas have seen a hike ranging from 10% to 18%. Other tehsils, including Taxila (54 mouzas), Kahuta (160 mouzas), and Kallar Syedan (106 mouzas), have also experienced similar increases in the official valuation rates.
The most expensive properties in the district are now concentrated in Cantonment (Cantt) areas, particularly in Askari 10, Bank Road, and Adamjee Road. According to the revised DC rates:
Askari 10:
On-road commercial: Rs15,408,000 per marla
Off-road residential: Rs1,782,000 per marla
Bank Road, Saddar:
On-road commercial: Rs14,157,000 per marla
Off-road commercial: Rs13,374,000 per marla
On-road residential: Rs6,016,000 per marla
Off-road residential: Rs4,761,900 per marla
Adamjee Road:
On-road commercial: Rs13,408,000 per marla
Off-road commercial: Rs9,474,000 per marla
Chaklala Scheme-3:
On-road commercial: Rs11,275,200 per marla
Off-road commercial: Rs7,235,000 per marla
Raja Bazaar:
On-road commercial: Rs6,264,000 per marla
Off-road commercial: Rs5,554,800 per marla
Additionally, the district administration has also fixed the construction rates for built structures, which now range between Rs860 to Rs3,330 per square foot, depending on the property type and location.
The revision of DC rates is likely to affect various aspects of property transactions, including stamp duty, capital value tax (CVT), and advance tax calculations, as these are based on official valuation rates rather than market prices.
Real estate analysts suggest that while the upward revision reflects Rawalpindi’s growing urban value and development pressure, it may also lead to increased transaction costs and greater documentation requirements for buyers and sellers. However, for property owners, the hike in DC rates could signify stronger asset value appreciation.
The new valuation schedule is now in effect and will be used as the official benchmark for property registration and transfer purposes across the Rawalpindi district.
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.
