FBR to revise value of immovable properties

ISLAMABAD: The Federal Board of Revenue (FBR) has announced to review the values of immovable properties on a case-to-case basis in consultation with various stakeholders.

invest with imarat

Islamabad’s emerging city centre

Learn More

The prices of immovable properties were earlier increased up to 600 per cent across 40 major cities depending upon location and commercial areas within the cities, in an attempt to bring them at par with fair market value.

This development was vehemently opposed primarily by the Federation of Realtors. A nationwide protest was scheduled in this regard.  

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Baghbanpura Bazar: A Historic Market in Lahore

Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…

9 hours ago

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

2 days ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

3 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

4 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

4 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

4 days ago