Islamabad, Sep 6: In order to bring the valuation rates of immovable properties in 42 cities up to par with fair market value, the Federal Board of Revenue (FBR) is anticipated to increase them during the current month.
The FBR will release the updated property valuation tables in September 2024. Valuation tables were previously released by the FBR on September 13, 2022. Depending on the location and fair market value of various city segments, the FBR has reportedly proposed revisions in 42 cities.
Abbottabad, Attock, Bahawalpur, Chakwal, Dera Ismail Khan, Dera Ghazi Khan, Faisalabad, Ghotki, Gujranwala, Gujrat, Gwadar, Hafiz Abad, Haripur, Hyderabad, Islamabad, Jhang, Jhelum, Karachi, Kasur, Khushab, Lahore, Larkana, Lasbela, Lodhran, Mandi Bahauddin, Mansehra, Mardan, Mirpurkhas, Multan, Nankana, Narowal, Peshawar, Quetta, Rahim Yar Khan, Rawalpindi, Sahiwal, Sargodha, Sheikhupura, Sialkot, Sukkur, and Toba Tek Singh are among the 42 cities covered by the FBR.
