FBR Revises Property Rates in 45 Cities Across Pakistan – Up to 80% Increase
The Federal Board of Revenue (FBR) has issued new property valuations for immovable properties, raising values up to 80% of existing market rates in 45 cities across Pakistan. These revised valuations reflect an effort to align official property rates with current market realities. The updated values cover both residential and commercial properties, with specific rates per marla detailed by location.
This significant revision comes after a gap of over two years, as the FBR last updated property valuations in 2022. Prior revisions were made in 2018, 2019, 2021, and 2022. The latest updates have received approval from the Law and Justice Division, further solidifying the changes.
Cities with Revised Property Rates
The updated property values affect key urban areas and growing regional hubs, making the revised rates relevant for investors, homeowners, and real estate professionals. Some of the major cities included in the revision are:
- Punjab: Lahore, Faisalabad, Sialkot, Gujranwala, and Sheikhupura
- Khyber Pakhtunkhwa: Peshawar, Abbottabad, Haripur, and Mardan
- Sindh: Hyderabad, Sukkur, and Mirpurkhas
- Others: Dera Ismail Khan, Bhakkar, Bannu, and Mansehra
Additionally, smaller cities such as Talagang, Toba Tek Singh, and Kotli Sattian have also seen rate adjustments, reflecting FBR’s efforts to cover a broad spectrum of locations across the country.
Details of the Revised Rates
The FBR’s notification specifies new property values per marla, distinguishing between residential and commercial properties. With these updates, property tax rates are expected to align more closely with market values, helping to standardize transactions and bring more transparency to Pakistan’s real estate sector.
Cities Excluded from the Revision
The new property rate notification excluded 11 cities where valuations remain unchanged, although these locations have not been specified in the latest FBR announcement.
Implications of the Property Rate Hike
With increased valuations, the real estate sector may experience shifts in property tax obligations and market behavior. Potential buyers, sellers, and real estate investors are advised to review the latest FBR valuation tables for a clear understanding of the updated rates and possible impacts on transactions and future investments.
For a complete list of updated property valuations or further inquiries, stakeholders can refer to the FBR’s official notification or consult with local real estate professionals.
 has issued new property valuations for immovable properties, raising values up to 80% of existing market rates in 45 cities across Pakistan. These revised valuations reflect an effort to align official property rates with current market realities. The updated values cover both residential and commercial properties, with specific rates per marla detailed by location.){kind=link}