ISLAMABAD: The Federal Board of Revenue (FBR) has significantly increased the officially notified values of residential and commercial immovable properties across the Islamabad Capital Territory (ICT) to align them with prevailing market prices.
Under the revised regime, property owners in Islamabad will now also be liable to pay tax on the superstructure — the constructed portion of their residential or commercial property. The updated valuation tables replace all previous ones and take effect from December 8, 2025.
Values in upscale sectors such as E-7, F-7, F-6, and F-8 have been raised sharply. The new S.R.O. 2392(I)/2025 also introduces a fresh classification system covering open plots with and without possession, built-up apartments/flats, and other categories.
FBR has stated that it will independently determine the fair market value of immovable properties in Islamabad. As per the notification, the value of superstructures has been fixed at:
- Rs 4,000 per sq ft for buildings up to five years old
- Rs 3,000 per sq ft for buildings older than five years
For rural areas of ICT, valuations will follow the rates notified by the Additional Deputy Commissioner (Revenue)/District Collector Islamabad as of July 1, 2025. In case of conflicting valuations, the higher rate will apply.
Meanwhile, RTO Lahore has also formed a committee to revise valuation tables for properties in Lahore as part of the nationwide update.
