The Federal Board of Revenue (FBR) has reduced property valuation rates in Islamabad by 10 to 30 percent across various sectors under S.R.O. 644(I)/2026 issued on Thursday, revising official prices for residential and commercial plots as well as buildings.
Under the new rates, the valuation of residential and commercial structures up to five years old has been lowered from Rs. 3,000 to Rs. 2,500 per square foot, while properties older than five years have been reduced from Rs. 1,500 to Rs. 1,200 per square foot. The FBR also clarified that property values in rural areas of Islamabad Capital Territory will continue to follow the rates set by the Additional Deputy Commissioner (Revenue) / District Collector under the July 1, 2025 notification, adding that in case of any اختلاف, the higher valuation will apply.
The revised figures show significant reductions across multiple sectors. In B-17 and C-14, possession-based residential plot rates have been cut from Rs. 30,000 to Rs. 21,000 per square yard, while non-possession plots in B-17 have dropped from Rs. 15,000 to Rs. 10,500. In C-15, rates have been reduced from Rs. 25,000 to Rs. 17,500, and in C-16 from Rs. 20,000 to Rs. 14,000 per square yard. In D-12, the valuation of residential flats has declined from Rs. 15,000 to around Rs. 10,500 per square foot, while commercial units are now priced near Rs. 17,500 per square foot, and in D-13, residential plots have decreased from Rs. 16,000 to Rs. 11,200 per square yard.
In high-end sectors, residential plots in E-7 are valued at Rs. 225,000 per square yard, while constructed commercial properties range between Rs. 10,000 and Rs. 100,000 per square foot. In E-11, rates fall between Rs. 70,000 and Rs. 100,000 per square yard, while E-12 has been fixed at Rs. 39,200 per square yard. Other sectors have also seen reductions, including G-13 where rates dropped from Rs. 100,000 to Rs. 70,000 per square yard, and G-17 from Rs. 25,000 to Rs. 17,500. In G-14, rates now range between Rs. 35,000 and Rs. 63,000, while G-15 ranges from Rs. 7,000 to Rs. 17,500 and G-16 from Rs. 6,000 to Rs. 10,500 per square yard.
Nearby localities have also experienced downward revisions, with Margalla Town reduced from Rs. 55,000 to Rs. 38,500 per square yard, Chak Shahzad from Rs. 50,000 to Rs. 35,000, Bani Gala from Rs. 35,000 to Rs. 24,500, and Park View now set at Rs. 24,500 per square yard. In major commercial areas, constructed flats in Blue Area (Jinnah Avenue) are fixed at Rs. 100,000 per square foot, while Blue Area (Fazl-e-Haq Road) ranges between Rs. 8,000 and Rs. 50,000 per square foot. Meanwhile, rates in New Blue Area and sectors G-9, F-9, G-8 and F-8 remain unchanged, ranging between Rs. 40,000 and Rs. 150,000 per square foot.
The revised valuation is expected to impact property transactions, taxation, and overall real estate activity in the federal capital, potentially making buying and selling more feasible for investors and the public.
