FBR hikes property valuation in Lahore for 2024

FBR has raised property valuation rates across Lahore and 55 cities, effective November 1
A representational image. — Depositphotos
A representational image. — Depositphotos

To improve tax collection and direct investments, the Federal Board of Revenue (FBR) has raised property valuation rates across Lahore and 55 cities, effective November 1.

Adjustments consider property type and location, influencing capital gains and withholding taxes. 

Read more: FBR's latest property valuation rates for Karachi

Lahore's updated rates are significant as part of the FBR’s ongoing revisions, last updated in 2022.

Let's take a look at the detailed rates — which are also available on the FBR website.