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Latest FBR’s Real Estate Evaluation

The Federal Board of Revenue (FBR) has raised the valuation rates of real estate. FBR notified about the rate of immovable property like residential plots, apartments, commercial areas, etc. of the top cities in Pakistan.

The number of cities being evaluated increased from 20 to 40, while the rates of areas within the cities have also increased. The valuation tables have been revised and the rates have increased for the purpose of collecting more taxes from the real estate sector. Therefore, the valuation rate has been increased by the FBR.

FBR

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Previously, the rates were increased by the Revenue Board from 30 to 85%, in 2019. The real estate agents stated that the increase in rates this year went up by 100 to 600%, in just one year. The real estate experts feared the sale and purchase of plots. Thus, the overall property business might experience a fall in the coming year, if the government does not lower the existing valuation rates.

FBR

Click on each city to view the updated rates!

Federal Capital

Islamabad

Punjab

Attock

Bahawalnagar

Bahawalpur

Chakwal

DG Khan

Faisalabad

Gujranwala

Gujrat

Hafizabad

Jhang

Jhelum

Kasur

Khushab

Lahore

Multan

Nankana

Narowal

Mandi Bahauddin

Rahim Yar Khan

Rawalpindi

Sahiwal

Sarghoda

Sheikhupura

Sialkot

Toba Tek Singh

KPK

Abbottabad

Dera Ismail Khan

Mansehra

Mardan

Peshawar

Sindh

Ghotki

Hyderabad

Karachi

Larkana

Mirpurkhas

Sukkur

Balochistan

Gwadar

Lasbela

Quetta

About the Author: Venish Amin

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