The Federal Board of Revenue (FBR) has set new property valuation rates for Islamabad’s rural areas and Abbottabad through two notifications dated 5 November 2026. The rates fix the fair market value of residential plots, commercial plots and built-up property, and they will decide how much advance tax buyers and sellers pay on deals in these areas.
Under the changes, valuations in the rural areas of Islamabad Capital Territory (ICT) will now follow the latest rates issued by the Additional Deputy Commissioner (Revenue)/District Collector, Islamabad, instead of a fixed federal schedule. Abbottabad gets a fresh valuation table replacing the old schedule from October 2024. The notifications are SRO 2060(I)/2026 and SRO 2061(I)/2026, issued under Section 68 of the Income Tax Ordinance, 2001.
FBR Property Valuation Rates 2026: Key Details
Detail
Information
Authority
Federal Board of Revenue (FBR)
Notifications
SRO 2060(I)/2026 (Abbottabad) and SRO 2061(I)/2026 (ICT rural areas)
Date of issue
5 November 2026
Areas covered
Rural areas of Islamabad Capital Territory and Abbottabad
These age-based rates apply to constructed properties and are added to the land value.
What Changed for Islamabad Rural Areas
No more fixed federal schedule: SRO 2061(I)/2026 amends SRO 644(I)/2026 of 16 April 2026, so ICT rural valuations now follow the District Collector’s latest tables rather than a fixed federal schedule.
Rates can move with the Collector’s tables: Because the valuation is tied to the Collector’s latest rates, future updates to those tables will flow straight into the FBR valuation.
Part of a wider revision: The changes follow earlier FBR moves on property tables, including a cut of up to 30 percent in Islamabad valuations and reduced rates in five Punjab cities.
Why These Rates Matter for Buyers and Sellers
Your tax is worked out on the FBR value: Advance tax on a property deal is charged on the higher of the deed price and the FBR notified value, so a higher valuation means a higher tax bill even if the deal price is lower.
Check the value before you sign: Buyers and sellers in Abbottabad and ICT rural areas should confirm the FBR value for their exact locality before finalising a deal, so there is no surprise at transfer time.
Older buildings cost less in tax value: A building older than 10 years is valued at only Rs 500 per square foot, against Rs 2,000 per square foot for one up to five years old.
The new FBR rates give buyers and sellers in Abbottabad and Islamabad’s rural areas a clear, updated value for their property deals. Abbottabad now has fixed per-marla rates for its main bazaars and roads, with the highest commercial rate at Rs 5.8 million per marla in Main Bazaar, while ICT rural valuations will track the District Collector’s latest tables. Anyone planning a deal here should check the new SRO rates on the official FBR website at fbr.gov.pk and confirm their filer status before signing, because the FBR value decides the advance tax on the deal.
FAQs
What are the new FBR property valuation rates for Abbottabad?
Under SRO 2060(I)/2026, dated 5 November 2026, residential open plots in Main Bazaar, Sadar Bazaar, Jinnah Masjid Bazaar, Sarafa Bazaar, Gurdwara Gali and Kutcheri Road are valued at Rs 1.25 million per marla, and the highest commercial rate is Rs 5.8 million per marla in Main Bazaar and adjoining areas.
How are property valuations decided in Islamabad rural areas now?
Under SRO 2061(I)/2026, valuations in ICT rural areas will follow the latest valuation issued by the Additional Deputy Commissioner (Revenue)/District Collector, Islamabad, instead of a fixed federal schedule.
What is the built-up property rate under the new notification?
For constructed properties, the rate is Rs 2,000 per square foot for buildings up to five years old, Rs 1,000 for buildings more than five and up to 10 years old, and Rs 500 for buildings older than 10 years.
Which old notification did the new Abbottabad rates replace?
SRO 2060(I)/2026 replaces the earlier Abbottabad schedule in SRO 1679(I)/2024 of 29 October 2024.
Why do FBR valuation rates matter for a property deal?
Advance tax on a property deal is charged on the higher of the deed price and the FBR notified value, so the new rates directly decide the tax the buyer and seller pay.
Shahzad Sahil is the editor of lahorejobs24.com, covering government jobs, private jobs, bank jobs, results and education news for Lahore and Punjab, with information verified from official sources.
