{"id":81942,"date":"2021-12-03T12:17:27","date_gmt":"2021-12-03T07:17:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81942"},"modified":"2022-03-21T10:19:12","modified_gmt":"2022-03-21T05:19:12","slug":"fbr-revises-valuations-rates-for-immovable-property-in-khi","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html","title":{"rendered":"FBR revises valuations rates for immovable property in Karachi"},"content":{"rendered":"\n

Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years, according to news sources.<\/p>\n\n\n\n

Read:<\/strong> FBR revises up immovable properties\u2019 valuation rates in 40 cities<\/a><\/p>\n\n\n\n

Reportedly, the per square yard price of the A-1 category residential plot has been increased by PKR 31,000. The valuation rates for properties with two or more storeys has been increased by 25%. The per square yard rates of built-up residential properties have been increased by PKR 43,000. In a like manner, the rates have been upward revised for apartments, commercial built-up properties ad commercial open plots. Other details are as per the table below:<\/p>\n\n\n\n

Category<\/td>Residential open plot
per sq yd<\/td>		Residential built up property
per sq yd<\/td>		Commerical open plot
per sq yd<\/td>		Commercial Built up property
per sq yd<\/td>		Industrial open plot per sq yds<\/td>Industrial Built up property sq ft<\/td>Flats\/apartments per sq ft<\/td>Amenity plot per sq yd<\/td><\/tr>
(1)<\/td>(2)<\/td>(3)<\/td>(4)<\/td>(5)<\/td>(6)<\/td>(7)<\/td>(8)<\/td>(9)<\/td><\/tr>
A-1<\/td>73,125<\/td>81,000<\/td>180,000<\/td>101,250<\/td>–<\/td>–<\/td>7,313<\/td>37,375<\/td><\/tr>
I<\/td>45,000<\/td>56,250<\/td>123,750<\/td>73,125<\/td>12,124<\/td>3,105<\/td>6,188<\/td>23,000<\/td><\/tr>
II<\/td>22,800<\/td>30,800<\/td>106,875<\/td>56,250<\/td>13,824<\/td>3,336<\/td>3,375<\/td>10,925<\/td><\/tr>
III<\/td>12,000<\/td>16,875<\/td>28,600<\/td>28,800<\/td>6,000<\/td>3,336<\/td>2,138<\/td>5,750<\/td><\/tr>
IV<\/td>9,563<\/td>11,250<\/td>38,250<\/td>16,875<\/td>–<\/td>–<\/td>1,688<\/td>4,888<\/td><\/tr>
V<\/td>6,000<\/td>7,800<\/td>10,140<\/td>11,375<\/td>–<\/td>–<\/td>944<\/td>1,680<\/td><\/tr>
VI<\/td>1,665<\/td>4,995<\/td>3,600<\/td>5,994<\/td>–<\/td>–<\/td>605<\/td>840<\/td><\/tr>
VII<\/td>35,520<\/td>44,400<\/td>127,650<\/td>61,050<\/td>–<\/td>–<\/td>7,770<\/td>17,920<\/td><\/tr>
VIII<\/td>9,990<\/td>15,540<\/td>48,000<\/td>49,248<\/td>–<\/td>–<\/td>3,330<\/td>5,040<\/td><\/tr>
IX<\/td>11,000<\/td>13,200<\/td>–<\/td>–<\/td>–<\/td>–<\/td>2,750<\/td>–<\/td><\/tr>
X<\/td>12,320<\/td>14,300<\/td>–<\/td>–<\/td>–<\/td>–<\/td>3,220<\/td>–<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notes (mentioned as copied)<\/em>:<\/p>\n\n\n\n

(i) The values mentioned in the table above are in rupees;<\/p>\n\n\n\n

(ii) The value is per square yard of the covered area of ground floor plus covered area for additional floors; <\/p>\n\n\n\n

(iii) Commercial property built up value is per square yard of the covered area of the ground floor
plus covered area of the additional floors, if any;<\/p>\n\n\n\n

(iv) built up industrial property value is per square yard of the plot area per square foot; <\/p>\n\n\n\n

(v) the value in respect of a residential building consisting of more than one storey shall be increased by 25% for each additional story i.e. value of each storey other than ground floor shall be calculated @25% of the value of the ground floor;<\/p>\n\n\n\n

(vi) a property which does not appear to fall in any of the categories shown in the Appendix below shall be deemed to fall I the adjacent lowest category of the Appendix;

(vii) whether the land has been granted for more than one purpose. viz residential, commercial and industrial, the valuation in such a case shall be the mean\/average prescribed rate<\/p>\n\n\n\n

Read:<\/strong> Punjab govt to revise property valuation tables in budget 2021-22<\/a><\/p>\n\n\n\n

(viii) a flat means the covered residential tenement having separate property nit number\/sub-property unit number;<\/p>\n\n\n\n

(ix) in residential, multi storey building, additional storey shall be charged if it consists of bed room and bath room;

(x) the rates for basements of built in commercial property in categories I,II,II and IV shall be Rs. 13,500 per square yard; and <\/p>\n\n\n\n

(xi) High Rises at Serial Number No. 37 of Appendix means a building with Storeys above ground plus five. <\/p>\n\n\n\n

(xii) The Value of Residential built up property is allowed to be reduced according to the following criteria:<\/p>\n\n\n\n

Sr. No <\/td> Age of Built up Structure <\/td> Percentage Reduction in Value <\/td><\/tr>
1<\/td>Upto 5 Years <\/td> No reduction allowed <\/td><\/tr>
2<\/td>5 to 10 Years <\/td>5%<\/td><\/tr>
3<\/td>10 to 15 Years <\/td>7.5%<\/td><\/tr>
4<\/td>15 to 20 Years <\/td>10%<\/td><\/tr>
5<\/td> More than 20 Years <\/td>Value equal to open plot<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

i. The Value of built up property (Flats and Apartments) is allowed to be reduced according to the
following criteria:<\/p>\n\n\n\n

Sr. No <\/td> Age of Built up Structure <\/td> Percentage Reduction in Value <\/td><\/tr>
1<\/td>Upto 5 Years <\/td>No reduction allowed <\/td><\/tr>
2<\/td>5 to 10 Years <\/td>10%<\/td><\/tr>
3<\/td>10 to 15 Years <\/td>20%<\/td><\/tr>
4<\/td>15 to 20 Years <\/td>30%<\/td><\/tr>
5<\/td> More than 20 Years <\/td>50%<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"

Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years, according to news sources. Read: FBR revises up immovable properties\u2019 valuation rates in 40 cities Reportedly, the per square yard price of the A-1 category residential plot has been increased by PKR 31,000. The valuation rates for properties with two or more storeys has been increased by 25%. The per square yard rates of built-up residential properties have been increased by PKR 43,000. In a like manner, the rates have been upward revised for apartments, commercial built-up properties ad commercial open plots. Other details are as per the table below: Category Residential open plotper sq yd Residential built up propertyper sq yd Commerical open plotper sq yd Commercial Built up propertyper sq yd Industrial open plot per sq yds Industrial Built up property sq ft Flats\/apartments per sq ft Amenity plot per sq yd (1) (2) (3) (4) (5) (6) (7) (8) (9) A-1 73,125 81,000 180,000 101,250 – – 7,313 37,375 I 45,000 56,250 123,750 73,125 12,124 3,105 6,188 23,000 II 22,800 30,800 106,875 56,250 13,824 3,336 3,375 10,925 III 12,000 16,875…<\/p>\n","protected":false},"author":75,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15016],"tags":[49850],"persona":[],"class_list":{"0":"post-81942","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-new-developments","9":"tag-fbr-revises-valuations-rates-for-karachi","10":"cat-15015-id","11":"cat-15016-id"},"acf":[],"yoast_head":"\nFBR revises valuations rates for immovable property in KHI- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years,\" \/>\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\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR revises valuations rates for immovable property in KHI- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-03T07:17:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-21T05:19:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/12\/Karachi-Valuation-Rates-Dec-21-FB.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR revises valuations rates for immovable property in KHI- Zameen News","description":"Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html","og_locale":"en_US","og_type":"article","og_title":"FBR revises valuations rates for immovable property in KHI- Zameen News","og_description":"Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years,","og_url":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2021-12-03T07:17:27+00:00","article_modified_time":"2022-03-21T05:19:12+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/12\/Karachi-Valuation-Rates-Dec-21-FB.jpg","type":"image\/jpeg"}],"author":"Hazafa Hasan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Hazafa Hasan","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html"},"author":{"name":"Hazafa Hasan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b"},"headline":"FBR revises valuations rates for immovable property in Karachi","datePublished":"2021-12-03T07:17:27+00:00","dateModified":"2022-03-21T05:19:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html"},"wordCount":563,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR revises valuations rates for Karachi"],"articleSection":["Legal & Taxation","New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html","url":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html","name":"FBR revises valuations rates for immovable property in KHI- Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","datePublished":"2021-12-03T07:17:27+00:00","dateModified":"2022-03-21T05:19:12+00:00","description":"Karachi: The Federal Board of Revenue (FBR) has revised the valuation table of immovable properties in Karachi \u2013 after a gap of two and a half years,","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-revises-valuations-rates-for-immovable-property-in-khi.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR revises valuations rates for immovable property in Karachi"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b","name":"Hazafa Hasan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","caption":"Hazafa Hasan"},"description":"Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.","url":"https:\/\/www.zameen.com\/news\/author\/hazafa"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/81942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=81942"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/81942\/revisions"}],"predecessor-version":[{"id":84735,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/81942\/revisions\/84735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/75334"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=81942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=81942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=81942"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=81942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}