The Federal Board of Revenue (FBR) has expanded the scope of property valuation in Naval Anchorage. Through SRO.332(I)/2026, the FBR has amended SRO.163(I)/2026 to revise the official values of immovable properties located in the Islamabad Capital Territory. The new notification updates the valuation of residential, commercial, and farm properties for federal tax purposes.
Revised Residential Plot Rates
Under the updated valuation system, residential open plots with possession have been fixed at Rs. 20,000 per square yard. Meanwhile, residential open plots without possession have been valued at Rs. 8,000 per square yard. These rates will be used for calculating applicable federal taxes on property transactions.
Updated Commercial Plot Valuation
The FBR has also revised the rates for commercial open plots in Naval Anchorage. Commercial plots with possession are now valued at Rs. 13,774 per square yard, while commercial plots without possession have been fixed at Rs. 8,000 per square yard. These revised figures will directly impact tax calculations for commercial property buyers and sellers.
Agro and Naval Farms Valuation
In addition, the FBR has updated the valuation of Agro, Poultry, and Vegetable Farms. Naval Farms with possession have been valued at Rs. 2,000,000 per kanal (500 square yards). For farms without possession, the value has been fixed at Rs. 800,000 per kanal. These rates apply specifically for taxation purposes.
Impact on the Property Sector
The revised valuation reflects the FBR’s broader effort to document and regulate the real estate sector. Although these official values may differ from actual market prices, they will serve as the benchmark for federal taxes such as Capital Gains Tax and withholding taxes. Property investors and stakeholders in Naval Anchorage are advised to consider these updated rates when planning future transactions.
