Property Valuation FAQs – Jaipur

An approved valuer is a qualified professional whose valuation reports are accepted by banks, courts and government bodies. In India this usually means a valuer registered with the Insolvency and Bankruptcy Board of India (IBBI) and/or on the panel of a bank. Mahendra Singhal is an IBBI Registered Valuer for Land & Building, is empanelled with 20+ banks and has completed more than 60,000 valuations.

Look for a valuer who is registered with IBBI, has experience with banks, inspects the site in person and explains the method in the report. Mahendra Singhal is an IBBI Registered Valuer (Land & Building) and Chartered Engineer in Jaipur with 25+ years of experience and a team of 40+. He is empanelled with 20+ banks, including Canara Bank, Bank of Baroda, PNB, HDFC Bank and ICICI Bank, has completed more than 60,000 valuations, and has offices in Mansarovar and Jyoti Nagar (Tonk Road).

It depends on the property and the purpose. After the site visit, most reports are ready in a few working days once the documents are complete. Call to get a timeline for your property.

Property details, ownership documents reviewed, location and neighbourhood, construction details, measurements, photographs, the valuation method, comparable evidence, the final value and the valuer's declaration and registration details.

Yes. Besides all areas of Jaipur, valuations are carried out in nearby cities such as Ajmer, Sikar, Hindaun City, Gangapur City, Tonk and Dausa.

Fees depend on the type and size of the property and the purpose of the report. Bank valuation fees are usually set by the bank. Call or WhatsApp with the property details for a quote.

The value is usually arrived at using the sales comparison method (recent sale rates of similar property nearby), the cost method (land value plus depreciated construction cost) or the income method (for rented property). The DLC rate is also considered. The report states which method was used and why.

No. The DLC rate is the minimum rate fixed by the Rajasthan government for stamp duty. Market value is the price the property would realistically fetch between a willing buyer and seller, and can be higher or lower than the DLC rate.

Fair market value is the price in an open market sale. Realisable value is what the bank can expect to recover in a normal sale, and distress value is the likely price in a forced or quick sale. Bank valuation reports usually state all three.

Banks usually assign the valuation to a valuer on their panel. Mahendra Singhal is on the panel of 20+ banks — if yours is one of them, you can contact us directly to schedule the site visit.

For capital gains, the fair market value as on 1 April 2001 is normally supported by a report from a Registered Valuer. Mahendra Singhal is registered with IBBI in the Land & Building asset class.

Yes. Property valuation reports are prepared for visa, immigration and education loan applications, in English and in the format the embassy or bank asks for.

It is used wherever an authority wants an engineer to certify a technical fact, such as the cost of construction, the stage of work completed, the stability of a structure or the age of a building.

It confirms to the authority that the building was built as per the approved plan. It is usually needed to apply for an occupancy or completion certificate, and banks may also ask for it.

It records the location, construction type, measurements, condition of structure and finishes, visible defects, and compliance with the approved plan, along with dated site photographs.