CDA Imposes a Property Tax of up to Rs. 0.4 Million for Landowners

Recently, the Capital Development Authority (CDA) declared the roll-out of new taxation measures for property holdings in Islamabad. According to an official release from the authority, proprietors of 140-square-foot lands situated within different zones and residential developments, including Shehzad Town, Margala Town, and Rawal Town, are now required to fulfill a tax obligation amounting to Rs 24,000.

Rural property owners could face higher taxes under the new rules, which could particularly impact them. Those who own farmhouses across 8 Kanals will have to pay Rs 180,000 in property tax, while owners of more significant properties spanning 90 to 120 Kanals will face a much higher tax bill of Rs 442,000.

Read More: CDA Fake Plot Allotment Under Investigation – Establishment Division

In commercial districts, commercial properties are subject to significant taxes, including:

• Ground-floor establishments will be taxed at Rs 32 per sq ft.
• Basement space will be taxed at Rs 22 per sq ft.
• Residential apartments in this area are charged Rs 26 per sq ft.

The notification also outlines the taxation rates for other commercial establishments such as private hospitals, gas stations, CNG stations, marquees, wedding halls, etc.

• Private healthcare facilities are subject to a tax of 22 rupees per square foot.
• Petrol pumps and CNG stations will be subject to a tax of Rs 180 per square yard.
• Event venues, including marriage halls and marquees, will incur a charge of 13 rupees per square foot.

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