ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday made changes to property valuation tables for the capital city.
Through the latest SRO the FBR withdrew the property valuation tables for DHA Phase 1 – 5 and DHA Valley for both residential and commercial plots.
The following entries in the valuation tables have been deleted for residential immovable properties:
|62||DHA Phase 1||Any size||30,000|
|63||DHA Phase 2||Any size||35,000|
|64||DHA Phase 2 Extn||Any size||8,264|
|65||DHA Phase 3||Any size||16,529|
|66||DHA Phase 4||Any size||9,917|
|67||DHA Phase 5||Any size||19,835|
|68||DHA Valley||Any size||8,264|
Similarly, following entries in the valuation tables have been deleted for commercial immovable properties:
|171||DHA Phase 1||Commercial plot||23,900|
|172||DHA Phase 2||Commercial plot||22,200|
|173||DHA Phase 2 Extn||Commercial plot||9,183|
|174||DHA Phase 3||Commercial plot||9,183|
|175||DHA Phase 4||Commercial plot||9,183|
|176||DHA Phase 5||Commercial plot||18,365|
|177||DHA Valley||Commercial plot||2,755|
The FBR on December 01, 2021 issued fresh and updated valuation tables for around 40 major cities of the country. However, the FBR deferred the implementation of the new valuations of immovable properties till January 15, 2022 and further deferred till January 31, 2022. The FBR once again deferred the implementation on the valuation table till February 28, 2022.
The revised tables of valuation of immovable properties have been issued and implemented on March 02, 2022.