FBR Suspends Islamabad Property Valuation Hike Until January 31, 2026

The Federal Board of Revenue (FBR) has temporarily suspended notification SRO 2392(1)/2025, which had raised the valuation of immovable properties in Islamabad, until January 31, 2026, or until a revised notification is issued, whichever comes first. The decision was announced through an official notification issued on Tuesday.

Earlier, the FBR had revised property valuation tables across Pakistan on October 29, 2024, but Islamabad was excluded due to a pending Federal Tax Ombudsman complaint. Subsequently, SRO 2392(1)/2025, issued on December 8, 2025, set new fair market values for properties in the federal capital. However, real estate associations and other stakeholders raised concerns that certain areas reflected values significantly higher than actual market rates.

Upon review, the FBR acknowledged that some objections were valid and decided to re-evaluate the valuation tables for Islamabad. In the interim, the previous SROs—SRO 1180(1)/2022 dated July 27, 2022, and amended by SRO 1610(1)/2022 dated August 25, 2022—will remain in effect. The FBR stated that this decision was made with the approval of the Competent Authority.

The business community had strongly opposed the substantial hike in property valuations in Islamabad, which reportedly increased official residential and commercial property rates by up to 1,700 percent. They had announced plans for a protest demonstration and sit-in outside FBR House on December 22 if the notification was not withdrawn. The suspension of SRO 2392(1)/2025 temporarily addresses these concerns while the FBR revises fair market valuations for the federal capital.