A Complete Guide to Land Valuation by FBR in Pakistan

A Complete Guide to Land Valuation

Federal Board of Revenue is the only statutory body in Pakistan that is working tirelessly for the uplift of the state by gathering all the resources from the system. Almost every kind of revenue generation seems to be centric towards FBR and their efforts towards streamlining the process seem much diligent. The institute goes through much of the hassle to gain all the revenue for the state. The main chunk of revenue is generated by any state through the land taxes and taxing the individuals involved in this business what so ever. For this purpose the government and state-run organizations have formulated special frame work for conducting this task smoothly.

If you are looking for the property or land valuation process and rates in Pakistan and also how FBR revises these rates, then this post is specially designated for you. Keep reading through the lines to have more in-depth and concise overview of how these things work for the state.

The story also covers the process and rates of valuation of immovable properties and assets and how state-run institutions, specifically the FBR conduct these businesses. In this article we are going to provide the valuation table by Deputy Commissioner Rawalpindi and Islamabad.

Property Valuation Rawalpindi

The property valuation in Rawalpindi by DC Revenue or FBR is done as per the rates mentioned in the below table,

S.No. Area Residential property/Marla Commercial property/Marla
1 Satellite Town 2,000,000 4,000,000
2 Chandni Chowk 1,500,000 4,000,000
3 College Road 1,500,000 4,000,000
4 Talagang Road/Defunct Municipal Community Limits) 1,400,000 2,000,000
5 Bank Road 2,200,000 9,000,000
6 Chaklala Scheme-Ill 1,577,000 4,000,000
7 WahCantt 1,000,000 2,400,000
8 West Ridge 1,876,000 3,500,000
9 Murree Road 1,284,000 5,000,000
10 DHA-I 640,000 3,500,000
11 DHA-II 550,000 4,000,000
12 DHA-II Extn 125,000 1,000,000
13 DHA-III 250,000 1,000,000
14 DHA-IV 150,000 1,000,000
15 DHA-V 310,000 3,000,000
16 DHA Valley 100,000 500,000
17 Executive Meadows Phase III Bahria Town 450,000 2,500,000
18 Safari III 500,000 2,500,000
19 Phase-I Bahria Town 450,000 2,500,000
20 Phase-I Extension Bahria Town 320,000 2,500,000
21 Phase-II Bahria Town 450,000 2,500,000
22 Phase-II extension Bahria Town 225,000 2,500,000
23 Phase-II S Bahria Town 450,000 2,500,000
24 Phase-Ill Bahria Town 450,000 2,500,000
25 Phase-IV Bahria Town 450,000 2,500,000
26 Phase-V Bahria Town 450,000 1,600,000
27 Phase-Vl Bahria Town 450,000 1,400,000
28 Phase-VII Bahria Town 270,000
29 Phase-VIII Bahria Town 250,000 1,000,000
30 Bahria GolfCity 600,000 1,100,000
31 Commoners Sky Garden 180,000 250,000
32 Commoners Flower Valley 250,000 350,000
33 Askari I 550,000
34 Askari II 550,000
35 Askari III 550,000
36 Askari IV 550,000
37 Askari V 550,000
38 Askari VI 650,000
39 Askari VII 550,000
40 Askari VIII 550,000
41 Askari IX 550,000
42 Askari X 550,000
43 Askari XI 650,000
44 Askari XII 650,000
45 Askari XIII 650,000
46 Askari XIV 450,000
47 Askari XV 450,000
48 Top City 300,000 1,500,000
49 Mumtaz City 300,000 1,500,000
50 Gulberg Greens 350,000 2,500,000

 

Property Valuation Islamabad

For all the CDA approved, owned and administered sectors in the Capital City, the valuation is done by the Deputy Commissioner as per the following formulae.

S. No. Sector/Location Size Value/Sq. Ft.
1 D-12 Any size 38,760
2 E-7 -do- 68,580
3 E-11 -do- 31,200
4 E-12 -do- 18,371
5 F-6 -do- 58,260
6 F-7 -do- 58,260
7 F-8 -do- 58,260
8 F-10 -do- 50,460
9 F-11 -do- 50,460
10 G-6 -do- 49,620
11 G-7 -do- 45,720
12 G-8 -do- 45,720
13 G-9 -do- 45,720
14 G-10 -do- 45,720
15 G-11 -do- 45,720
16 G-13 -do- 45,720
17 G-14 -do- 40,000
18 I-8 -do- 45,720
19 I-9 -do- 19,200
20 I-10 -do- 19,200
21 I-11 -do- 19,200
22 I-12 -do- 18,000
23 I-14 -do- 18,000
24 I-15 -do- 8,208
25 I-16 -do- 11,479
26 B-17, C-15, C-16, D-13, D-17, B17, D-17, G-15, G-16, F-14, F15, F-16, F-17 -do- As per District

Collector’s

Rates

 

Conclusion

Ever since the process the process of property valuation initiated within the state, the prevailing anti-state and non-state actors have been seen running away from the sector. Although, the measures taken by the state in this regard as to curb the market speculation are not that much, and even up to the mark, but little effort everyday make a sea soon.

We anticipate that the process will be smoothened and transparency will be improved in the near future as the pandemic starts disappearing and the economy has started breathing once again.

For that reasons we have listed the property valuation system, and charts associated with them in order to make it clearer to our readers. Therefore, we believe that from now on their shall be no confusion left in the minds of anyone that is going to buy the property in the twin cities, be it for investment purpose, residential or commercial motives.

However, if even after this you have any ambiguity left in the mind about the taxes in general and property valuation in particular, feel free to contact us through one of our telephone numbers given below, contact form, or just leave your contact number in the comment section below. One of our highly energetic team members will contact you soon as to hear your queries from you. Our highly diligent and promised team stays active 24/7 to assist you in any regard.

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