The Federal Board of Revenue (FBR) has excluded the Defence Housing Authority (DHA) from its newly notified property valuation tables for the Islamabad Capital Territory (ICT), while increasing valuation rates by 15 to 75 percent in other parts of the federal capital.
The decision was announced through Notification SRO.163(I)/2026, issued on Monday.
Sources told ProPakistani that property valuations for DHA will continue to be applied under the previously notified rates. Meanwhile, the FBR plans to issue a separate notification for Rawalpindi, where property values are expected to be revised upward.
According to the notification, the updated valuation rates were finalized after consultations with real estate agents operating in Islamabad.
The new valuation tables replace those issued earlier under SRO.2392(I)/2025, which had significantly raised property values in Islamabad to bring them closer to market rates. However, following strong objections from stakeholders, that notification was suspended until January 31, 2026.
On Monday, the FBR introduced revised valuations through SRO.163(I)/2026, officially superseding the earlier notification.
Under the new framework, the FBR has set fair market values for properties across various sectors of Islamabad. The value of residential and commercial superstructures has been fixed at Rs. 3,000 per square foot for buildings up to five years old, and Rs. 1,500 per square foot for structures older than five years.
For rural areas within the Islamabad Capital Territory, property valuations will be determined based on rates notified by the Additional Deputy Commissioner (Revenue) or the District Collector, Islamabad. In cases where multiple valuation rates apply to the same area, the higher value will be used.
