Revision of Value of Immovable Properties of Hyderabad

Government of Pakistan Revenue Division Federal Board of Revenue ***** Islamabad, the 2nd March, 2022 Notification (Income Tax) S.R.O. 341(I)/2022.- 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. 1547(I)/2021, dated the 1st December, 2021, Federal Board of Revenue is pleased to determine the following fair market value of immoveable properties in columns (2) to (8) of the Table below, in respect of areas or categories of Hyderabad, as specified in column (1) thereof, namely:- Table HYDERABAD Category Residential Residential Commercial Commercial Industrial Industrial Flats/Ap open plot Built up open plot per Built up open plot Built up artments per square Property per square yard Property per square Property per yard square yard per square yard per square yard square foot foot (1) (2) (3) (4) (5) (6) (7) (8) A-I 35,000 37,000 80,000 65,000 - - 2,700 I 30,000 31,000 70,000 55,000 3,000 1,350 2,400 II 24,000 25,000 50,000 32,000 2,000 1,100 1,800 III 18,000 19,000 35,000 27,000 1,600 1,000 1,400 IV 12,000 13,000 25,000 20,000 1,300 800 1,000 V 8,000 9,000 12,000 10,000 1,300 800 900 VI 6,000 7,000 9,000 7,500 1,300 800 800 VII 4,000 5,000 6,000 4,500 1,300 800 600 Notes.- (i) Values in the above table are in Rs. (ii) Value is per square yard of the covered area of ground floor plus covered area for the additional floors; (iii) Commercial property built up value is per square yard of the covered area of the ground floor plus covered area of the additional floors, if any; (iv) Built up industrial property value is per square yard of the entire plot area plus covered area of the plot per square foot;

(v) The value in respect of a residential building consisting of more than one storey shall be increased by 25% for each additional storey i.e. value of each storey other than ground floor shall be calculated @ 25% of the value of the ground floor; (vi) A property which does not appear to fall in any of the categories shown in the below Appendix shall be deemed to fall in the adjacent lowest category of the Appendix; (vii) Where the land has been granted for more than one purpose viz. residential, commercial and industrial, the valuation in such a case shall be the mean/average of the prescribed values; (viii) A flat means the covered residential tenement having separate property unit number/sub- property unit number; (ix) In residential, multi storey building, additional storey shall be charged if it consists of bed room and bath room; and (x) Area-wise categories are prescribed in the following Appendix:- APPENDIX Category-A-1 Sr. No. Areas 1 Civil Lines including Chandni area, Gul Centre & District Council office area 2 Defence Officers Housing Society I & II 3 Saddar Cantonment 4 Soldier Bazar 5 Main Auto Bhan Road (Giddu Chowk to Khana-e-Farhang) Category-I Sr. No. Areas 1 Hirabad Ward”A” 2 Amil Colony Ward “A” 3 Roopmahal Corner (from Government College Road upto Triangular Park) Ward 4 Prince Ali Road Ward “A” 5 Market Ward “A” 6 Shahi Bazar Sarafa Bazar Ward “A”, “B”, “C”, & “D” 7 Resham Gali including Pakaha Pirchari Ward “D” 8 Tilak Chari and Training College Area upto Civil Hospital Ward “A” 9 Chotki Ghitti Ward “B” & “D” 10 Sireghat (Market Area) Ward “A”&”C” 11 Site main Roads only Ward “G” 12 Dr. Line Main Saddar (Cantt) 13 Auto Bhan Road (behind main road), Unit No.03, 06,07 & 08 Site Area Auto 14 Memon Cooperative Housing Society 15 Sindhi Muslim Cooperative Housing Society Category-II Sr. No. Areas 1 Faqir Ka Pir Ward “E” 2 Gari Khatta Ward “F” 3 Station Road from the foot of Tilak Incline to Station Ward “B”, “C”,”D, & “F” 4 Rahat Cinema Road Ward “F” 5 Lajpat Road Ward “F”

6 Baldia Colony Ward “A” 7 Journalist Colony Ward “A” 8 Khokar Mohalla Ward “F” 9 Mubarak Colony Ward “A” 10 Doctor Colony Ward “A” 11 Silawat Para Ward “A” 12 Tando Wali Muhammad Ward “A” 13 Shahab cinema Road and Timber Market area Ward “C” & “G” 14 Juman Shah Jo Pir Ward “D” 15 Khai Road area Ward “C” 16 Sochi Para Ward “C” 17 Shama Ward “G” 18 Housing Schemes approaching main Mirpur Khan Road surrounding Deh 19 Railway Society behind main Auto Bhan Road, Unit No.01, 025, & 09 20 Citizen Colony & HDA Phse-I Block-A & B Category-III Sr. No. Areas 1 Nain Jo Pir Ward “C” 2 Memon Hospital area and City College area Ward “C” & “G” 3 Around Civil Hospital Ward “A” 4 Dubba Police Line Ward “F” 5 Qazi Abdul Qayoom Road Ward “F” 6 Advani Lane Ward “B” 7 Bulbulani Lane Ward “D” 8 Sarwar Kubi Lane Ward “E” 9 Khumbati Lane Ward “E” 10 Afandi Town Ward “G” 11 Khata Chowk Ward “C” 12 Fort Area 13 Kohsar Phase-I 14 Judicial Society 15 Mir Fazal Town 16 Sabzi Mandi 17 Hali Road 18 Unit No.04, 05 & 10 (Latifabad) 19 HDA Phase-I, Block-C, Qasimabad 20 Gulshan-e-Habib 21 Qasim Nagar 22 Data Nagar 23 Kohsar Housing Scheme 24 Mid Land Bungalows 25 Gulshan-e-Sehar 26 ISRA Village 27 Palm Residency Bypass Road 28 Diplai Memon Cooperative Housing Society

Category-IV Sr. No. Areas 1 Khumbhati Lane Ward “F” 2 Kohsar Phase-II, Gulshan-e-Qaid, General Public, Divisional Officer Society, 3 Khalid Housing Scheme 4 Gospel Homes 5 Abdullah Heavan, Sports Villas, City 6 Prince Town Phase-I & II 7 London Town 8 Gul-e-Latif Phase-I & II 9 Muhammadi Town 10 Gul-e-Sindh 11 Hadi Nagar 12 Indus Gas Colony 13 Memon Nagar 14 Abdullah Homes 15 Abdullah Valleys 16 SITE 17 Revenue Colony Phase-I 18 Al-Mustafa Town Phase-I & II Category-V Sr. No. Areas 1 Massan Road Ward “A” 2 Pinjra Pol Ward “G”, Noorani Basti, Rehman Town 3 Dadan Shah Ka Pir Ward”A” 4 Sarfraz Colony Ward “A”, Latifabad Unit No.11 & 12 5 Pathan Colony Ward “A” 6 Liaquat Colony Ward “G” 7 Goods Naka Ward “G” 8 Rishi Ghat Ward “G”, Islamabad Chowk, Gaoshala 9 Islamabad Ward “G” 10 Paretabad Ward “G”, Bhens Piri, Sakhi Pir Road, Memon Mohallah, Guru Nagar 11 Tando Agha Ward “G” 12 Firdous Colony Ward “G” 13 Tando Mir Mehmood Ward “A” 14 Tando Yousuf Ward “G” 15 Muslim Ward “G” 16 Al-Fazal Town Ward “G” 17 Quaidabad Ward “G” 18 Tando Thoro Ward “G” 19 Phuleli Par Areas Ward “G”, Bakra Mandi, Lohar para, Home stead Hall 20 Kali Mori Ward “G” 21 Daman-e-Kohsar 22 Civil Aviation Scheme 23 Saiban Scheme 24 Mir Hassanabad, Hussainabad 25 Indus Bungalows

26 Bismillah Town 27 Hafeeza Town 28 Gulshan-e-Hamid 29 Ali Scheme 30 Gulshan-e-Raees Scheme 31 Gulshan-e-Khair Muhammad Scheme 32 Jannat City Housing Scheme 33 Gulshan-e-Zeal Pak Housing Scheme 34 Faraz Villas Phase-I & III 35 Al-Wahid Town, HDA Housing Scheme Phase-II 36 Revene Colony Phase-II, Nasim Nagar Phase-I,II,III & IV 37 New Memon City 38 Ali Nagar 39 Bagh-e-Iram 40 Civilian Society 41 Momin Nagar 42 Al-Rehman Housing Scheme 43 Arbi Housing Scheme 44 HDA Bungalows Phase-I & II 45 Abdullah Town Blessing 46 Gulistan-e-Sajjad 47 Gulshan-e-Karim 48 Happy Homes Phase-I, II & III 49 Qasim Town 50 State Life Cooperative Society 51 New Citizen Colony 52 Zeeshan Housing Scheme 53 Sajjadabad 54 Al-Abbas Housing Scheme 55 Gulshan-e-Fatima 56 Ink City Phase-I, II & III 57 Check City 58 The Palm Enclave, The Palm Village, The Palm IV 59 Saima Down Town 60 ISRA Town Bypass 61 Gulf Residency Schme Bypass 62 Deplai Memon Colony-II Bypass Road 63 Sachalabad 64 Azizabad 65 Mother Village, The Palm Royal Residency 66 Rohan Faraz Villas 68 Jumerah Elite 69 Jumerah Residency, Qadir Avenue, Mustafa Bungalows 70 Krishana Housing Scheme 71 Abdullah Palace 72 Hajrah Enclave 73 Abdullah Sports City

Category-VI Sr. No. Areas 1 Illyasabad Ward “G” 2 Tahirabad Ward “G” 3 Housing Scheme adjacent to New Sabzi Mandi Deh Gujjo, New Hyderabad City 4 Bismillah City Scheme, Bismillah City Extension Scheme 5 Bismillah Heaven Scheme 6 Bismillah Garden 7 Mehar Ali Scheme 8 Madina City Scheme 9 Kohsar Green City Schme 10 Al-Rahim City Scheme 11 Labe-Mehran Phase-I & II 12 Gulshan-e-Mehran 13 Waqar Town Phase-I & II 14 HDA North Qasimabad Extension Phase-I & II 15 Noorani Nagar 16 Naseem Delux 17 Akhtar Cottages 18 Shahlimar Bungalows 19 Bhitai Nagar 20 Bhitai Town 21 Shayaz Dream City 22 Samnabad 23 Indus Paradise 24 Indus Sui Gas Cooperative Housing Society 25 Naqash Villas Phase-I & II 26 Abdullah Garden 27 Sadiq Livana, Khurshed Town 28 HDA East Qasimabad 29 Gentlemen & Business Man Houysing Scheme 30 Sumera Town 31 Al-Rehan Villas 32 Memon Town 33 Noorani Nagar Phase-I 34 Anwar Villas Phase-I, II & III 35 Faraz Villas Phase-II 36 Apple City 37 Dubai City, Zafar Housing, Taha Residency, Aliabad Colony, Hosh Nagar 38 Abdullah Pride Category-VII Sr. No. Areas 1 All Katchi Abadies 2 New Sabzi Mandi Market Committee Project Deh Gujjo 3 Gulistan-e-Sarmast Scheme, Crystal Model Town Scheme & Model Town 4 Marvi Garden 5 Muhammad Bux Shoro

6 Al-Fateh Town 7 SSGC Cooperative Society 8 Kiran City 9 Kainat Nagar 10 Shireen Kainat 11 Bukhari Livana 12 Marvi Town ____________________________________________________________________________ F.No. 1(121)R&S/2017] (Muhammad Masood Ahmed Gorsi ) Secretary (Rules & SROs)