The Federal Board of Revenue has suspended the notification fixing new property valuation rates in Islamabad on the instructions of the prime minister, officials said.
According to the FBR, the notification issued on December 8 setting revised valuation rates for properties in the federal capital has been put on hold with immediate effect. The suspension applies to SRO No 2392 dated December 8, 2025.
The decision comes after strong objections from the property sector, which had rejected the revised valuations, terming them significantly higher than prevailing market rates. The Real Estate Association had formally conveyed its concerns to the FBR, pointing out that the new rates did not reflect ground realities. The FBR said the complaint was reviewed and found to be valid.
Following the prime minister’s directive, the FBR has decided to carry out a fresh valuation of property rates in Islamabad. Until the revised exercise is completed, the authority has instructed relevant offices to continue collecting transfer fees on the basis of old valuation rates up to January 31, 2026.
It may be noted that the Islamabad Chamber of Commerce and Industry and Anjuman-e-Tajran Pakistan had announced a strike on December 22 in protest against the increase in transfer fees linked to the new property valuations.
