The Federal Board of Revenue (FBR) has revised property valuation rates for plots and farms in Naval Anchorage, broadening the scope of assessed immovable properties in the area. The new rates, issued through SRO.332(I)/2026, amend the earlier SRO.163(I)/2026 and apply to residential, commercial, and agricultural properties.
Under the updated valuation system, the FBR has set the value of residential open plots with possession at Rs. 20,000 per square yard. In contrast, it has fixed residential plots without possession at Rs. 8,000 per square yard. Officials say the move aims to bring property valuations closer to market realities while ensuring transparency in tax assessments.
Similarly, the FBR has adjusted rates for commercial plots. It has fixed the value of commercial open plots with possession at Rs. 13,774 per square yard. Meanwhile, commercial plots without possession will carry a valuation rate of Rs. 8,000 per square yard. These changes directly affect property buyers, sellers, and investors who rely on official valuations for tax calculations and transaction documentation.
Revised farm valuations impact investors
In addition, the FBR has updated valuation rates for Agro, Poultry, and Vegetable Farms in Naval Anchorage. Authorities will now determine the value of farms with possession at Rs. 2,000,000 per kanal (500 square yards). On the other hand, farms without possession will have a fixed value of Rs. 800,000 per kanal.
Property stakeholders in Islamabad have welcomed the clarity but remain watchful about its financial implications. As a result, investors and homeowners must carefully assess these revised rates before making any real estate decisions in Naval Anchorage.
