FBR has increased immovable properties valuation by up to 35 percent in 18 cities of Pakistan including Lahore, Islamabad, Rawalpindi, Multan, Sargodha Gujranwala and Faisalabad. Fair market value for Karachi and Quetta has not been increased. It is expected that the income from real estate sector will be increased from 16 billion to 40 billion. Fair market value of constructed properties has been divided into less than five years and more than five years construction. Value of houses constructed in less than five years is more than those constructed in more than five years.
All the valuation tables are available for download at the following link.
https://www.fbr.gov.pk/proposed-valuation-of-immovable-properties/132066
