In a major development that has stunned residents across Islamabad — including DHA, Bahria Enclave, Gulberg, and other key housing societies — the Federal Board of Revenue (FBR) has raised property valuation rates by an unprecedented 150–200% above existing market values. The revision applies to residential, commercial, and rural properties throughout 68 locations of Islamabad Capital Territory.
The new valuation schedule was issued through S.R.O. 2392(I)/2025 on Tuesday. One of the most significant changes is that Islamabad residents will now pay two separate taxes: one on the superstructure and another on the land itself. FBR will apply different rates for open plots, built-up houses, apartments, and flats.
According to the notification, the fair market value of superstructures has been set at:
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Rs. 4,000 per sq ft for buildings up to five years old
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Rs. 3,000 per sq ft for buildings older than five years
Massive Increases Across Islamabad
Sector E-7 now leads with open residential plots valued at Rs. 600,000 per sq yard. Sectors F-6 and F-7 follow at Rs. 500,000 per sq yard, while F-8 stands at Rs. 450,000 per sq yard. Other major sectors, including F-10, F-11, and G-6, have seen rates climb to Rs. 350,000 per sq yard. D-12 and I-8 now sit at Rs. 250,000, while E-11, G-8, and G-9 are valued at Rs. 180,000 per sq yard.
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Commercial property has witnessed even sharper increases. D-12 and E-11 now carry maximum commercial valuations of Rs. 1 million per sq yard, while top-tier sectors such as E-7, F-6, F-7, and F-8 are priced as high as Rs. 2.5 million per sq yard. F-10 and F-11 commercial plots are set at Rs. 2.2 million, and commercial spaces in G-5 to G-9 are now valued at Rs. 1.8 million per sq yard.
Farmhouse and industrial property rates have also been revised. The per-kanal value has been set at Rs. 11.2 million in Chak Shahzad, Rs. 14 million in Orchard Scheme, and Rs. 17.55 million in Gulberg Green. Industrial one-kanal plots in I-9 and I-10 now carry valuations of up to Rs. 18 million. While a few areas have seen marginal decreases, the overall adjustment reflects a sharp upward trend, particularly in high-value zones.
Valuations for rural areas will continue to follow the July 1, 2025 notification from the District Collector Islamabad. In case of conflicting valuation rates, the higher rate will apply.
The new property valuation rates have already come into effect, and the FBR has advised all buyers, sellers, developers, and investors to strictly comply with the revised schedule for property transactions.
