{"id":48686,"date":"2019-02-05T10:00:36","date_gmt":"2019-02-05T05:00:36","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=48686"},"modified":"2019-02-04T16:49:30","modified_gmt":"2019-02-04T11:49:30","slug":"rates-of-immovable-property-in-karachi-revised","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rates-of-immovable-property-in-karachi-revised.html","title":{"rendered":"Rates of immovable property in Karachi revised"},"content":{"rendered":"<p>Karachi: The Federal Board of Revenue (FBR) has announced a revision in the fair market value of immovable property in the metropolis \u2013 a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-to-revise-valuation-tables-in-21-cities.html\">FBR to revise valuation tables in 21 cities<\/a><\/p>\n<p>The average increase in valuations is around 20 per cent. These revised rates will vary from area to area. FBR has divided Karachi into 196 areas for valuation purposes. The board will use these new rates to calculate withholding and capital gains taxes on immovable property.<\/p>\n<p>FBR has listed 22 localities, including properties on Abdullah Haroon Road and Chundhrigar Road, under its A-1 categorisation scheme. Residential plots falling under this category have been valued at PKR 42,000 per square yard. Similarly, commercial plots have been valued at PKR 120,000 per square feet.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/lda-to-increase-commercialisation-building-plan-charges.html\">LDA to increase commercialisation, building plan charges<\/a><\/p>\n<p>Moreover, FBR has made notification of a 100% increase in the valuation of immovable property in some sectors of Defence Housing Authority (DHA) Karachi. The board has also revised its valuations by 15 to 20% in other areas of the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Federal Board of Revenue (FBR) has announced a revision in the fair market value of immovable property in the metropolis \u2013 a news source reported. Read:\u00a0FBR to revise valuation tables in 21 cities The average increase in valuations is around 20 per cent. These revised rates will vary from area to area. FBR has divided Karachi into 196 areas for valuation purposes. The board will use these new rates to calculate withholding and capital gains taxes on immovable property. FBR has listed 22 localities, including properties on Abdullah Haroon Road and Chundhrigar Road, under its A-1 categorisation scheme. Residential plots falling under this category have been valued at PKR 42,000 per square yard. Similarly, commercial plots have been valued at PKR 120,000 per square feet. Read:\u00a0LDA to increase commercialisation, building plan charges Moreover, FBR has made notification of a 100% increase in the valuation of immovable property in some sectors of Defence Housing Authority (DHA) Karachi. The board has also revised its valuations by 15 to 20% in other areas of the city.<\/p>\n","protected":false},"author":67,"featured_media":45486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10296],"persona":[],"class_list":["post-48686","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-rates-of-immovable-property-in-karachi-revised"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rates of immovable property in Karachi revised - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Federal Board of Revenue (FBR) has announced a revision in the fair market value of immovable property in the metropolis \u2013 a news source\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/rates-of-immovable-property-in-karachi-revised.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rates of immovable property in Karachi revised - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Federal Board of Revenue (FBR) has announced a revision in the fair market value of immovable property in the metropolis \u2013 a news source\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/rates-of-immovable-property-in-karachi-revised.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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