The Federal Board of Revenue (FBR) has revised property valuation rates across the Islamabad Capital Territory (ICT), raising values by 15 to 75 percent in most areas while excluding the Defence Housing Authority (DHA) from the updated tables. The changes were announced through Notification SRO.163(I)/2026, issued on Monday.
According to officials, DHA will continue to follow the previously notified valuation rates, as it has not been included in the latest revision. Authorities indicated that a separate notification will soon be released for Rawalpindi, where property values are also expected to be reviewed and adjusted.
Sources revealed that the updated rates were determined after consultations with real estate agents and market stakeholders in the federal capital. The aim is to bring official property valuations closer to actual market prices and ensure more accurate tax assessments.
With the new notification, the FBR has replaced earlier valuation tables issued under SRO.2392(I)/2025. The previous notification had significantly increased property prices in Islamabad but faced strong criticism from property owners and investors. Due to these objections, the FBR temporarily suspended those rates until January 31, 2026, before introducing the revised framework.
Under the latest structure, the FBR has established fair market values for both residential and commercial properties in different parts of Islamabad. The value of buildings and superstructures has been set at Rs. 3,000 per square foot for properties up to five years old. For buildings older than five years, the rate has been fixed at Rs. 1,500 per square foot.
For rural areas within ICT, property values will be assessed according to the rates determined by the Additional Deputy Commissioner (Revenue) or the District Collector. In cases where different rates apply, the higher valuation will be considered for tax purposes.
These revisions are expected to impact property transactions and tax calculations across the capital.
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