{
  "id": 18408986,
  "title": "ICT, Abbottabad rural properties: FBR revises valuation mechanism",
  "url": "https://urgent.news/2026/11/06/ict-abbottabad-rural-properties-fbr-revises-valuation-mechanism",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T00:47:13.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40447641/ict-abbottabad-rural-properties-fbr-revises-valuation-mechanism"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}