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The Sindh Board of Revenue has significantly increased property valuation rates, with a 200% rise for posh areas and varying increases for other categories, effective from July 2, 2010. The new valuation table has been criticized for its steep hikes, which could negatively impact the real estate market, despite a reduction in stamp duty and capital value tax rates. The acting Chief Inspector of Stamps noted that the revised rates are still below market values, leading to a decline in property registrations.

Author

Kamran Brohi

Language

EN