LAHORE – Another positive development in the country’s most populated region Punjab as the government established the District Collector Rate (DC Rate) to set minimum value for properties, considering various factors including location.
This rate are set as standard for calculating taxes and duties on real estate transactions and property valuations.
It is determined by the District Collector or a similar authority to ensure that property transactions are recorded at a baseline value, which aids in accurate tax assessment.
The DC Rate also plays a crucial role in preventing tax evasion and undervaluation.
For access to the DC Rate list for major metropolis like Lahore, you can visit the official website of the local government. Alternatively, the District Collectorate maintains records of these rates and can provide information upon request.
To check the Property DC Valuation online, please visit Punjab government’s e-stamping website. You will need to input details such as land type, location, land classification, and area size to find the land rate.
Property valuation rates in major cities to increase to 90pc of market rate
