KARACHI: The Federal Board of Revenue (FBR) has notified values of properties in Karachi, Sukkur and Hyderabad. The FBR has categorized different localities and fixed the rates accordingly.
As far as Karachi is concerned, the FBR notified values of residential open plot per square yard ranges from Rs35,000/square yard to Rs6,000/square yard.
The determined values of residential build-up property ranges from Rs40,000/square yard to Rs11,000/square yard. Values of commercial open plot ranges from Rs100,000/square yard to Rs25,000/square yard. Commercial built-up property ranges from Rs67,500/square yard to Rs18,000/square yard. Industrial open plot ranges from Rs12,000/square yard to Rs8,000/square yard. FBR has fixed values of industrial built-up at Rs3,000/square foot while the values of flats/apartments ranges from Rs5,000/square yard to Rs1500/square foot.
For Sukkur, the FBR notified values of residential open plot per square yard ranges from Rs4,000/square yard to Rs700/square yard.
The determined values of residential build-up property ranges from Rs6,000/square yard to Rs1,500/square yard. Values of commercial open plot ranges from Rs15,000/square yard to Rs4,000/square yard. Commercial built-up property ranges from Rs14,000/square yard to Rs3,000/square yard. Values of industrial open plot is fixed at Rs500/square yard. FBR has fixed values of industrial built-up at Rs5,00/square foot while the values of flats/apartments ranges from Rs9,00/square yard to Rs300/square foot.
For Hyderabad, the FBR notified values of residential open plot per square yard ranges from Rs25,000/square yard to Rs15,000/square yard.
The determined values of residential build-up property ranges from Rs26,000/square yard to Rs16,000/square yard. Values of commercial open plot ranges from Rs100,000/square yard to Rs40,000/square yard. Commercial built-up property ranges from Rs75,000/square yard to Rs40,000/square yard. Industrial open plot ranges from Rs3,000/square yard to Rs18,00/square yard. FBR has fixed values of industrial built-up at Rs4,000 to Rs2,000/square foot while the values of flats/apartments ranges from Rs2,100/square yard to Rs700/square foot.
