Valuation Services

Property valuation by private parties is a common practice conducted by certified and licensed professionals

Who Conducts Private Property Valuation?
Private property valuations are performed by professional, neutral third-party experts known as valuers or appraisers. These individuals are typically certified by national bodies (like the Indian Institution of Valuers in India) and are often required to be licensed by state authorities to practice.
Key providers of private valuation services include:
Independent Certified Valuers: Individual professionals or small firms who provide detailed valuation reports.
Real Estate Consultants: Large firms like Cushman & Wakefield offer comprehensive valuation and advisory services.
Engineering & Technical Advisors: Companies such as TÜV SÜD provide expert, accurate appraisals for investments and tangible assets.
Online Platforms/Tools: Websites such as MagicBricks or Housing.com provide instant, data-driven estimates, though a certified valuer’s report is generally considered more authoritative for formal purposes.
Why is Private Valuation Important?
Private valuation serves multiple crucial functions for various interested parties:
Buyers and Sellers: Ensures fair pricing, preventing overpayment or selling at a loss, and helps avoid fraudulent practices.
Financial Institutions: Banks and lenders use the report to assess collateral value before approving home loans or mortgages, reducing risk.
Insurance Companies: Used to determine appropriate coverage amounts for insurance policies.
Investors: Helps in making rational investment decisions by assessing potential returns on investment, especially for rental properties.
Legal & Taxation Purposes: Provides certified reports for property tax assessments, wealth tax, and the smooth distribution of property during disputes or inheritance.