Sunday, August 23, 2026

Postponement of Property Valuation Tables Welcomed, SRO Must Be Withdrawn:...

Postponement of Property Valuation Tables Welcomed, SRO Must Be Withdrawn: Rana Akram

Valuation should be carried out in consultation with stakeholders to restore market liquidity

by WNAM:
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Rana Akram

ISLAMABAD (WNAM REPORT): Vice President and Spokesperson of the Federation of Realtors Pakistan, Rana Akram, has stated that the postponement of the new property valuation tables by the FBR is a welcome step but the unjust SRO should be completely withdrawn. He said that the suspended valuation tables had fixed property values many times higher than the actual market rates, which created uncertainty not only among the business community but also among residents of the federal capital.

He added that government intervention and the timely action by the FBR were taken in the best economic interest of the country and have helped restore the confidence of investors and stakeholders. Rana Akram emphasized that all policies and decisions relating to business should be made in close consultation with the  community. Consultative policymaking will help rebuild trust, encourage investment, and broaden the tax base.

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