FBR Sets New Property Rates for Islamabad Rural Areas and Abbottabad
In practice, the Federal Board of Revenue (FBR) has tied property valuations in Islamabad Capital Territory (ICT) rural areas to the latest rates issued from time to time by the Extra Deputy Commissioner (Revenue)/District Collector, Islamabad, and has additionally set…
In practice, the Federal Board of Revenue (FBR) has tied property valuations in Islamabad Capital Territory (ICT) rural areas to the latest rates issued from time to time by the Extra Deputy Commissioner (Revenue)/District Collector, Islamabad, and has additionally set fresh fair.
Article outline
- What happened
- The key numbers
- The bottom line
Key points
- Residential open plots in Main Bazaar, Sadar Bazaar, Jinnah Masjid Bazaar, Sarafa Bazaar, Gurdwara Gali and Kutcheri Road have been valued at Rs.
- 3 million for Havelian Bazaar and Nathia Gali Main Road, and Rs.
- Commercial open plots in Main Bazaar and adjoining specified areas carry the highest rate at Rs.
- For constructed residential and commercial properties, the notification adds age-based rates to the land values: Rs.
- Obtain the latest business news, market insights, and economic updates wherever you prefer.
Under SRO 2061(I)/2026, the FBR amends SRO 644(I)/2026 of April 16, 2026 so ICT rural valuations follow the District Collector's latest tables rather than a fixed federal schedule. Separately, SRO 2060(I)/2026, issued under Section 68 of the Income Tax Ordinance, 2001, replaces the earlier Abbottabad schedule in SRO 1679(I)/2024 of October 29, 2024. Abbottabad Residential Open Plots.
Residential open plots in Main Bazaar, Sadar Bazaar, Jinnah Masjid Bazaar, Sarafa Bazaar, Gurdwara Gali and Kutcheri Road have been valued at Rs. 1.25 million per marla. Abbottabad Bazaar is set at Rs. While Iqbal Road is valued at Rs, 970, 000 per marla. 800, 000 per marla. Commercial Rates Peak at Main Bazaar.
Commercial open plots in Main Bazaar and adjoining specified areas carry the highest rate at Rs. 5.8 million per marla. Abbottabad Bazaar is valued at Rs. 4.4 million per marla, and Mansehra Road from Fawara Chowk to Mian Gi Hotel at Rs. 4 million per marla.
Other commercial rates include Rs. 3.1 million per marla for Jinnahabad, Rs. 3 million for Havelian Bazaar and Nathia Gali Main Road, and Rs. 2.5 million for College Road Mandian, Old College Road Mandian, Comsats Road, Murree Road and Changla Gali. Built Property Rates by Age.
For constructed residential and commercial properties, the notification adds age-based rates to the land values: Rs. 2, 000 per square foot for buildings up to five years old, Rs. 1, 000 per square foot for those more than five and up to 10 years old, and Rs. 500 per square foot for buildings older than 10 years.
Meanwhile, the revisions follow earlier FBR moves on capital property tables, including when Islamabad property valuations were cut by up to 30 percent and when the board reduced property valuation rates in five Punjab cities. Stay Connected with ProPakistani.
Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.
In short, FBR Sets New Property Rates for Islamabad Rural Areas and Abbottabad is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
