ISLAMABAD: The Federal Board of Revenue (FBR) has excluded Defence Housing Society (DHA) from the notification of values of residential and commercial immovable properties in Islamabad Capital Territory and increased rates of immovable properties from 15 percent to 75 percent within the areas of the federal capital.
In this regard, the FBR has issued a notification SRO.163(I)/2026 on Monday. The FBR has revised the values in consultation with real estate agents in the federal capital.
The FBR has replaced the valuation tables of immovable properties of Islamabad under S.R.O. 2392(I)/2025 with the new table under SRO.163(I)/2026.
The FBR has superseded S.R.O. 2392(I)/2025 through issuance of the SRO.163(I)/2026 here on Monday. Earlier, through S.R.O. 2392(I)/2025, the FBR had substantially raised values of residential and commercial immovable properties in Islamabad Capital Territory to bring rates at par with the real market values.
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After hue and cry of stakeholders, the FBR had suspended S.R.O. 2392(I)/2025 till January 31, 2026 and issued a new SRO.163(I)/2026 on Monday.
The FBR has reduced the values from the proposed values as notified under the S.R.O. 2392(I)/2025.
According to the new notification, the FBR has determined fair market values of immoveable properties in respect of areas of Islamabad. The value of residential and commercial superstructure shall be Rs. 3,000 per square foot if the super structure is up to five years old and Rs1500 per square foot if the superstructure is more than five years old.
The Valuation of Rural Areas of Islamabad Capital Territory shall be taken as notified by the Additional Deputy Commissioner (Revenue)/District Collector Islamabad. In case of conflict in rates of a particular area the higher of the two values shall apply.
Copyright Business Recorder, 2026
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