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Rates of valuation of immovable properties in Rawalpindi

SRO 671(I)/2016Property valuation

SRO 671(I)/2016 is an Income Tax SRO dated 2 August 2016, listed by FBR as "Rates of valuation of immovable properties in Rawalpindi".

FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.

Page 1

GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE

Islamabad, the 2nd August, 2016.

NOTIFICATION
(Income Tax)

S.R.O. 671 (I)/2016. - In exercise of the powers conferred by sub-section 4 of section 68 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to notify the value of immoveable properties in column No. 3 and 4 in respect of areas/categories specified in column No.2.

(2) This notification shall come into force with effect from 31st July, 2016.

RAWALPINDI

S.No. Area Valuation of Commercial plot per Marla (in Rs.) Valuation of Residential plot per Marla (in Rs.)
(1) (2) (3) (4)
1 Satellite Town 2,500,000 1,400,000
2 Chandni Chowk 2,600,000 1,000,000
3 College Road 2,500,000 1,000,000
4 Talagang Road/Defunct Municipal Community Limits) 1,200,000 1,000,000
5 Bank Road 6,000,000 1,700,000
6 Chaklala Scheme-III 2,500,000 1,150,000
7 Wah Cantt 1,000,000 700,000
8 West Ridge 2,200,000 1,200,000
9 Murree Road 3,000,000 800,000
10 DHA-I 2,500,000 550,000
11 DHA-II 2,500,000 400,000
12 DHA-II Extn 175,000
13 DHA-III 150,000

Page 2

S.No. Area Valuation of Commercial plot per Marla (in Rs.) Valuation of Residential plot per Marla (in Rs.)
14 DHA-IV 225,000
15 Executive Meadows Phase III Bahria Town 1,500,000 600,000
16 Safari III 1,500,000 375,000
17 Phase-I Bahria Town 1,500,000 375,000
18 Phase-I Estention Bahria Town 1,500,000 375,000
19 Phase-II Bahria Town 1,500,000 350,000
20 Phase-II Estention Bahria Town 1,500,000 350,000
21 Phase-II S Bahria Town 1,500,000 375,000
22 Phase-III Bahria Town 1,500,000 375,000
23 Phase-IV Bahria Town 1,500,000 350,000
24 Phase-V Bahria Town 1,500,000 350,000
25 Phase-VI Bahria Town 1,500,000 350,000
26 Phase-VII Bahria Town 1,000,000 250,000
27 Phase-VIII Bahria Town 900,000 225,000

[F.No.4(113)IT-Budget/2016]

(Qazi Hifzur Rehman)
Secretary (IT-Budget)

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