Chairman FBR ensures seamless customs clearance at Chaman

FBR to remove distortions arising from recent property valuations


Islamabad: The Federal Revenue Service (FBR) has agreed to negotiate with stakeholders to review real estate valuations that exceed market prices.

According to the details, FBR has received multiple complaints, among which it is reported that the property valuation exceeds the market price.

In order to resolve the real dissatisfaction, FBR decided to hire top real estate appraisal experts from the National Bank of Pakistan

Experts will consult key stakeholders including real estate agents and town developers. The consultation process will review such cases individually and make necessary recommendations

The goal of the board of directors is to eliminate any distortions and bring the value of the property close to market prices.

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