FBR's important decision on property-related businesses in Islamabad

FBR reviews property valuation in Islamabad after strong protests

Islamabad’s property sector has seen a major development after days of concern and protest from real estate businesses.

On December 16, 2025, the Federal Board of Revenue (FBR) announced that it had decided to review the recently issued property valuation table for Islamabad. As a result, the new valuation notification for the federal capital has been temporarily suspended.

Suspension of the new valuation notification

According to the official announcement, FBR has suspended SRO 2392(I)/2025 until January 31, 2026. This decision comes after real estate associations raised objections over the new valuation rates.

FBR acknowledged that the concerns of the property business community were valid and deserved reconsideration.

Market rates vs official rates

One of the main reasons behind the suspension is the gap between official property prices and actual market rates.

FBR stated that in several areas of Islamabad, the official valuation was set higher than the real market value. This created serious issues for buyers, sellers, and property dealers, especially regarding taxes and transaction costs.

Due to this mismatch, the previous valuation table will remain in effect for now.

What happens next

FBR has confirmed that a revised valuation table will be issued by January 31, 2026. Until then, the old SRO will continue to apply for all property related transactions in Islamabad.

This move is expected to provide temporary relief to the property sector while allowing time for a more balanced and realistic valuation system.

Reaction from the property sector

Real estate associations have welcomed the decision, calling it a positive step. Many believe that revising the valuation will help stabilize property transactions and restore confidence in the market.

However, industry leaders have also stressed the need for consultation with stakeholders before issuing the next valuation table.

Final thoughts

The FBR’s decision shows flexibility in responding to market realities and public concerns. A fair and transparent valuation system is crucial for both revenue collection and the health of the property sector.

All eyes are now on the revised valuation table expected by the end of January 2026, which could shape the future of Islamabad’s real estate market.