FBR Slashes Islamabad Property Valuations by Up to 30%

The Federal Board of Revenue (FBR) has reduced the valuation of immovable properties in Islamabad by 10 to 30 percent across various sectors of the federal capital through S.R.O. 644(I)/2026 issued on Thursday, revising fair market values for residential and commercial plots as well as superstructures.

Under the new notification, the valuation rate for residential and commercial superstructures up to five years old has been reduced to Rs. 2,500 per square foot from Rs. 3,000 per square foot, while rates for buildings older than five years have been lowered from Rs. 1,500 to Rs. 1,200 per square foot.

The FBR also clarified that valuation rates for rural areas of Islamabad Capital Territory will continue to be governed by rates notified by the Additional Deputy Commissioner (Revenue) / District Collector Islamabad under the July 1, 2025 notification, adding that in case of any conflict in rates for a particular area, the higher value will apply.

The revised valuation tables show notable reductions across several sectors, including B-17 and C-14, where possession-based residential plot rates have been reduced from Rs. 30,000 to Rs. 21,000 per square yard, while non-possession plots in B-17 have been cut from Rs. 15,000 to Rs. 10,500 per square yard. In C-15, rates have been lowered from Rs. 25,000 to Rs. 17,500 per square yard, and in C-16 from Rs. 20,000 to Rs. 14,000 per square yard.

In D-12, constructed residential flat rates have been reduced from Rs. 15,000 to around Rs. 10,500 per square foot, while constructed commercial properties have been adjusted to around Rs. 17,500 per square foot, and in D-13, residential plot rates have declined from Rs. 16,000 to Rs. 11,200 per square yard.

Among posh 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 range between Rs. 70,000 and Rs. 100,000 per square yard, while E-12 has been fixed at Rs. 39,200 per square yard.

Further reductions include G-13, where rates have been cut from Rs. 100,000 to Rs. 70,000 per square yard, G-17 from Rs. 25,000 to Rs. 17,500 per square yard, while G-14 now ranges between Rs. 35,000 and Rs. 63,000 per square yard, G-15 between Rs. 7,000 and Rs. 17,500 per square yard, and G-16 between Rs. 6,000 and Rs. 10,500 per square yard.

Similarly, rates in surrounding localities have also been revised downward, including Margalla Town, reduced from Rs. 55,000 to Rs. 38,500 per square yard, Chak Shahzad from Rs. 50,000 to Rs. 35,000 per square yard, Banigala from Rs. 35,000 to Rs. 24,500 per square yard, and Park View, which has been reduced to Rs. 24,500 per square yard.

In major commercial areas, constructed flats in Blue Area (Jinnah Avenue) have been 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, and rates in New Blue Area and sectors G-9, F-9, G-8 and F-8 between Rs. 40,000 and Rs. 150,000 per square foot have been retained unchanged.