FBR Revises Property Valuation Rules for Islamabad Rural Areas and Abbottabad
The Federal Board of Revenue has linked rural Islamabad property values to the latest District Collector rates and issued a new fair market value schedule for Abbottabad, including fresh commercial and residential rates.
The Federal Board of Revenue (FBR) has introduced changes to property valuation rules covering rural areas of the Islamabad Capital Territory (ICT) and set new fair market values for immovable property in Abbottabad. The changes were made through two notifications dated November 5, 2026.
Under SRO 2061(I)/2026, the FBR amended an earlier notification, SRO 644(I)/2026 of April 16, 2026, so that valuations in ICT rural areas now follow the tables issued from time to time by the Additional Deputy Commissioner (Revenue) or District Collector, Islamabad, rather than a fixed federal schedule. Separately, SRO 2060(I)/2026, issued under Section 68 of the Income Tax Ordinance, 2001, replaces the previous Abbottabad schedule contained in SRO 1679(I)/2024 of October 29, 2024.
For Abbottabad, residential open plots in Main Bazaar, Sadar Bazaar, Jinnah Masjid Bazaar, Sarafa Bazaar, Gurdwara Gali and Kutcheri Road have been valued at Rs. 1.25 million per marla. Abbottabad Bazaar is set at Rs. 970,000 per marla, while Iqbal Road is valued at Rs. 800,000 per marla.
Commercial open plots in Main Bazaar and adjoining specified areas carry the highest rate at Rs. 5.8 million per marla. Abbottabad Bazaar is valued at Rs. 4.4 million per marla, and Mansehra Road from Fawara Chowk to Mian Gi Hotel at Rs. 4 million per marla. Other commercial rates include Rs. 3.1 million per marla for Jinnahabad, Rs. 3 million for Havelian Bazaar and Nathia Gali Main Road, and Rs. 2.5 million for College Road Mandian, Old College Road Mandian, Comsats Road, Murree Road and Changla Gali.
For constructed residential and commercial properties, the notification adds age-based rates to the land values. Buildings up to five years old are valued at Rs. 2,000 per square foot, those more than five and up to 10 years old at Rs. 1,000 per square foot, and buildings older than 10 years at Rs. 500 per square foot.
The latest revisions follow earlier FBR moves on capital property tables, including a reduction of Islamabad property valuations by up to 30 percent and a cut in property valuation rates in five Punjab cities. These valuation schedules are used as reference values for tax purposes on property transactions.
