Property Valuation

of real estate valuation, founded in 2005. The team comprises of over 10 qualified experts with Co associates across India, who provide comprehensive valuation reports based on property documents and site/property inspection. Considering the complex nature of property transactions, RVS team realized that it was critical to have an independent group of experts with specialized knowledge in the field that would be responsible for close scrutiny and proper guidance/valuation of realty. Focus Most of the frauds in realty finance can be attributed to credit risk and property risk. While credit risk is aptly addressed by credit evaluation methods developed over time, valuation experts can assist in mitigating property risk. The Partners of the company oversees the performance of the Team activities & Clients requirement directly. This was done to ensure that the team functions with complete independence and is outside the sphere of influence of the business. With the reduction of dependence on external valuation agencies, the RVS team has been able to further mitigate the fraud risks; besides, it has also enabled the RVS team to maintain an optimal equilibrium of external and internal valuation experts. Further to this, as a measure of internal control, cross audit is conducted by an independent team. Structure RVS team members are a group of qualified Civil Engineers, graduates/post graduates with in-depth knowledge & experience in construction and valuation industry. These experts further undergo minimum one week of specialized training on new initiatives and developments in this field, through professional training, seminars and in-house training. At present, the team comprises of over 10 members & 20 Associate Valuers, based out of 40 locations in 15 states across India. In addition, 20 non-engineering staff members support the team for data maintenance, analysis and back-end operations. Technique Various methods are used for the valuation of the real estate properties. Some of these methods are:

• Direct Comparison Method • Income Approach Method • Summation or Cost Approach Method • Residual Value Method

The purpose of valuation is also essential while applying a specific method in a valuation exercise. Examination of property post defining the purpose will result in arriving at the most probable use of the property. Once the value definition and the probable best use have been determined, the appropriate methodology is applied to arrive at the value. Of all the above methods, Direct Comparison Method and Residual Value Method are the most widely used by the RVS team. Quality Control -As mentioned above, independent monthly audits are conducted by RVS to cross check & ensure risk mitigation. 10% of all valuation exercises conducted in a month are subjected to this audit, covering all locations, product mix and high value properties. Initiatives RVS team can be credited with many a path breaking initiatives. Amongst the various pioneering initiatives undertaken, Real Estate Price Movement Tracking and Development of the Property Price Index have been the key highlights. Development of Property Price Indices and monitoring price movements of over 4500 real estate builder projects across country every month are only some of their significant achievements. The team has successfully completed valuation of over 1 Crore units till date besides monitoring price movements on a monthly basis of over 1000 real estate projects pan Maharashtra. Services offered The following services are offered by the RVS team:

• Valuation of the Property • Assessment • Feasibility Study

• Legal Assistance -for sale deed, MOU, DAPA, Agreement to sale, Leave and license, Affidatite, Sathekhat, Will, Mortgage, and all types of revenue matters ,
we provide a quality valuer service and competitive valuer service at your door step...
Feel free to call for any query regarding property..