Islamabad, February 12, 2026 — The Federal Board of Revenue (FBR) has announced a significant reduction in property valuation rates for a specific area of Sialkot, aiming to align official values more closely with prevailing market conditions and ease the tax burden on buyers and sellers.
In this regard, the FBR issued SRO 256(I)/2026 dated February 11, 2026, amending the earlier SRO 1712(I)/2024 dated October 29, 2024, which sets benchmark valuation rates for immovable properties across major cities of Pakistan.
According to the latest notification, the property valuation for the Sialkot area of Adalat Garha (Behind) has been revised downward sharply. As per the updated rates, the valuation of residential open plots has been reduced to Rs2,757 per square foot from Rs27,574, while the valuation for residential built-up property has been lowered to Rs5,735 per square foot from Rs31,575.
Revised Property Valuation Rates for Sialkot
| Category | Previous Rate (Rs/sq ft) | Revised Rate (Rs/sq ft) |
| Residential Open Plot | 27,574 | 2,757 |
| Residential Built-up | 31,575 | 5,735 |
The FBR periodically issues property valuation tables for major urban centers to determine withholding tax on the sale and purchase of immovable properties. These benchmark rates are used for tax assessment purposes and often differ from market prices.
Tax experts believe that the latest reduction will lower transaction costs, encourage documented real estate dealings, and boost market activity in the affected area. The move is also expected to provide relief to genuine buyers and sellers who were previously facing higher tax liabilities due to inflated valuation rates.
The revised rates are effective immediately and will apply to all property transactions in the specified area of Sialkot, as notified in the amended SRO.