Revision of Value of Immovable Properties of Rawalpindi

Government of Pakistan Revenue Division Federal Board of Revenue ***** Islamabad, the 1st February, 2019. NOTIFICATION (Income Tax) S.R.O.126(I)/2019.- In exercise of the powers conferred by sub-section (4) of section 68 of the Income Tax Ordinance, 2001 (XLIX of 2001) and in supersession of its Notification No. S.R.O. 671(I)/2016 dated the 2nd August, 2016, the Federal Board of Revenue is pleased to notify the value of immoveable properties in columns (3) and (4) of the Table below in respect of areas/categories of Rawalpindi specified in column (2) thereof, namely:- RAWALPINDI S. Area Value of Value of No. Commercial Residential property per property per marla marla (in Rs.) (in Rs.) (1) (2) (3) (4) 1 Satellite Town 3,000,000 1,680,000 2 Chandni Chowk 3,120,000 1,200,000 3 College Road 3,000,000 1,200,000 4 Talagang Road/Defunct Municipal 1,440,000 1,200,000 Community Limits) 5 Bank Road 7,200,000 2,040,000 6 Chaklala Scheme-III 3,000,000 1,380,000 7 Wah Cantt 1,200,000 840,000 8 West Ridge 2,640,000 1,440,000 9 Murree Road 3,600,000 960,000 10 DHA-I 3,000,000 402,000 11 DHA-II 3,000,000 306,000 12 DHA-II Extn - 114,000 13 DHA-III - 108,000 14 DHA-IV - 132,000 15 Executive Meadows Phase III Bahria 1,800,000 324,000 Town 16 Safari III 1,800,000 450,000 17 Phase-I Bahria Town 1,800,000 336,000