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ICT, Abbottabad rural properties: FBR revises valuation mechanism

ISLAMABAD: The Federal Board of Revenue (FBR) has revised the valuation mechanism for immovable properties in rural areas of Islamabad Capital Territory (ICT) and Abbottabad, linking their valuation to the latest rates issued from time to time by the Additional Deputy Commissioner (Revenue)/ District Collector, Islamabad, through an amendment to its earlier notification dated April 16, 2026,…

ICT, Abbottabad rural properties: FBR revises valuation mechanism

The Federal Board of Revenue (FBR) has revised the valuation mechanism for immovable properties in rural areas of Islamabad Capital Territory (ICT) and Abbottabad. The new valuation framework, effective from November 5, 2026, links property values to rates issued by the Additional Deputy Commissioner (Revenue)/ District Collector, Islamabad.

This change affects both residential and commercial properties, with distinct rates assigned based on locality. For instance, residential plots in Main Bazar, Sadar Bazar, Jinnah Masjid Bazar, Sarafa Bazar, Gurdwara Gali, and Kutcheri Road are now valued at Rs1.25 million per marla, while commercial open plots in Main Bazar and adjacent areas are worth Rs5.8 million per marla.

Additionally, the valuation of rural areas in ICT has been updated to reflect the latest rates issued by the Additional Deputy Commissioner (Revenue)/ District Collector, Islamabad, superseding previous notifications.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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