FBR reduces residential, commercial property rates in Islamabad [Read Full Valuation List]

2026-02-25 - 05:43

ISLAMABAD – The Federal Board of Revenue (FBR) has revised the property rates in Naval Anchorage as it has made amendments to its previous notification No. 163(l)/2026, dated 2nd February, 2026. The amendments has been made in exercise of powers conferred by sub-section (4) of section 68 of the Income Tax Ordinance, 2001 (XLIX of200l), ready the latest SRO issued on Tuesday. Under the revised valuation, the value of residential open plots per square yards with possession in Naval Anchorage has been fixed at Rs20,000 from previous Rs40,000. The value of commercial open plot has been fixed at Rs13,774 per Sq Yards. Similarly, the value of residential open plot without possession and commercial open plots has been fixed at Rs8,000 each. 20262241621712253SRO332 FBR also made changes to rates of agriculture, poultry and vegetable farms. It has fixed the rate of Naval Farms with possession at Rs2,000,000 per Kanal/500 square yards compared to previous Rs6,500,000. Similarly, the value of Naval Farms without possession has been fixed at Rs800,000 per kanal/500 Sq yards. Following is the previous SRO issued in February 2026: 2026221623124276SRO163