Revision of Value of Immovable Properties of Sukkur

Government of Pakistan Revenue Division Federal Board of Revenue ***** Islamabad, the 2nd March, 2022 Notification (Income Tax) S.R.O. 365(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. 1571(I)/2021, dated the 1st December, 2021, Federal Board of Revenue is pleased to determine the following fair market value of immoveable properties as specified in columns (2) to (8) of the Table below, in respect of areas or categories of Sukkur specified as in column (1) thereof, namely:- Table SUKKUR Category Residential Residentia Commercia Commercial Industrial Industri Flats/ open plot l Built up l open plot Built up open plot al Built Apartm per square Property per square Property per per up ents yard per square yard square yard square Property per yard yard per square square foot foot (1) (2) (3) (4) (5) (6) (7) (8) I 10,080 15,120 37,800 35,280 1,260 5,796 2610 II 8,316 11,340 25,200 22,680 -- -- 1740 III 5,544 8,316 20,160 15,120 -- -- 1450 IV 3,276 5,544 15,120 12,600 -- -- 870 V 1,764 3,780 10,080 7,560 -- -- -- Notes: (i) Value is per square yard of the covered area of ground floor plus covered area for the additional floors; (ii) 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; (iii) Built up industrial property value is per square yard of the entire plot area plus covered area of the plot per square foot; (iv) 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; (v) Property that 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 Appendices; (vi) Whether 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 prescribed rate; (vii) Flat means the covered residential tenement having separate property unit number/sub- property unit number; (viii) In residential, multi storey building, additional storey shall be charged if it consists of bed room and bath room; and (ix) Area-wise categories are in the following Appendix-I and Appendix-II.

APPENDIX-I CATEGORICAL CLASSIFICATION OF RESIDENTIAL AREA OF SUKKUR CITY I II III IV V S# AREA S# AREA S# AREA S# AREA S# AREA 1 Queens Road 1 Mochi Bazar 1 Shaikh Muhalla 1 Nusrat 1 Nusrat Colony Colony 05 01 & 04 & 06 2 Locus Park 2 Miani Road 2 Bunder Road 2 Shamshabad 2 Duba Road (Muhammad Bin Qasim Park) 3 Parsi colony 3 Bagh Hayat 3 Babar Ki Line 3 Hayat Goth 3 Exhibition Ali Shah Ground 4 Military Road 4 Neem Ki 4 Shahi Bazar, 4 Military 4 Meat Market Chari Old Sukkur Quarters 5 Mangi Muhalla 5 Tek Singh 5 Royal Road 5 Girdhari 5 Old Sukkur Ghitti Road 6 Pahloo Gari 6 Islam Gunj 6 Queens Road 6 Achar Gali 6 Pak Colony 7 Barrage Colony 7 Local Board 7 Portion 7 Moosa 7 Pathan Colony Minarete Upto Ghitti A Quees's Road 8 Ramchand 8 Portion 8 Queens Road 8 Jagirani 8 New Pind Road Minarete Upto To Jail Road Muhalla A Quees's Road 9 Mission road 9 Wallace Road 9 Session Court 9 Bhutto 9 Adam Shah Colony Colony 10 Station road 10 Bunder Road 10 Manzil Gah 10 Sukha Talab 10 Nawa GothColony 11 Chancher Gali 11 Gari Khato 11 Waritar 11 Kumbhar Para Road 12 Dhak Road 12 Tek Chand 12 Shaikh 12 Kumbhar Para Street Sheen Road (new Goth) 13 Choori Ghitti 13 Makrani 13 Kiri 13 Sleeper Muhalla Quarters Factory 14 Shahi Bazar 14 Eid Gah 14 Bakhar 14 Bago Shah Chowk Road 15 Hussaini Road 15 Bhutta Street 15 Azmat 15 Waspur Road & Gharibabad Dargha Upto Bakhar Road 16 Jhamandass 16 Bhutta Road 16 Jeay Shah 16 Slaughter Road Jilani House 17 Muqam Road 17 Hemraj Gali 17 Sher Shah Road 18 Kamangar 18 Memon 18 Shikarpur Muhalla Muhalla Road 19 Khatri Town 19 Race Course 19 Sabzi Mandi Road & New 20 Eid Gah 20 Kasai Muhalla trucking Muhalla Station 21 Hussain Road

APPENDIX-II CATEGORICAL CLASSIFICATION OF COMMERCIAL AREA OF SUKKUR CITY I II III IV V S# AREA S# AREA S# AREA S# AREA S# AREA 1 Marach 1 Mochi 1 Barrage Road 1 Shaikh Sheen 1 Jinnat Building Bazar Bazar Road (Old Sukkur) 2 Nishtar Road 2 Jinnah 2 Gharibabad Brothel Area 2 New Pind and Cloth Road exhibition Market Ground Old Sukkur Workshop Road 3 Gur Bazar 3 Bunder 3 Hussain Road 3 Tanki Road 3. Sabzi Mandi & Road (Old sukkur) New trucking station 4 Frere Road 4 Clock 4 Race Course 4 SukhaTalab 4. Shikarpur Road Tower Road 5 Sarafa Bazar 5 Mehran 5 Bhutta Road 5 Shahi Bazar Market (Old sukkur) 6 Neem Ki 6 Anaj Bazar 6 Mission Road 6 BakkarChowk Chari 7 Shahi Bazar 7 Pan Mandi 7 Minerate 7 Miani Road Road 8 Laraiki 8 SabziMandi 8 Molla Road Bazar 9 Choori 9 Military 9 Waritar Road Bazar Road 10 ShaheenGanj 11 Jamanadas road 12 Dhak Road 13 Makam Road 14 Station Road [F. No. 1(121) R & S /2017] (Muhammad Masood Ahmed Gorsi) Secretary (Rules & SROs)