ISLAMABAD: Minister of Finance, Shaukat Tarin in consultation with the higher authorities of the Federal Board of Revenue (FBR) has decided to extend the deadline for revised valuation rates of properties in 40 cities.
According to the details, the authorities are considering revising the valuation rate by 25 to 50 percent under the Statutory Regulatory Order (SRO) of 2019.
The increase in the valuation rates is being done in response to the conditions of the World Bank (WB) for bringing the valuation rates of the real estate market closer to the real market values.
The federal government has issued the notification for the suspension of revised valuation rates by 31st January, notification for the new revised rates will be issued on 1st February 2022.
For news and blogs, visit Graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
