We at Green Earth provide property valuation services. Here are some frequently asked queries relating to that.

FREQUENTLY ASKED QUESTIONS

ANSWERS FOR THE FAQ’S


Property valuation or Assessment is the Evaluation of the market value of a property. The complete valuation report contains the major assets of a property and the basis and manner in which the valuation has been performed.


Valuation is done based on prevalent market rates,
  • Self – assessment.
  • External Source (By various professional agencies or by Government registered valuers).

A valuation report is very useful in different financial transactions. For instances if one uses the valued property as a security against a loan, the bank’s loan approval process would be expedited if the property is certified by an official valuer. Such certification also becomes essential in situations where the correct value of the property has a legal bearing-such as, a will statement, insurance papers, business balance sheets etc.


The Fee is prescribed by the valuers association.


Market value of a property depends on,
  • Type of property.
  • Demand and supply in the market.
  • Quality of constructions.
  • Location.
  • Infrastructure available.
  • Maintenance of the property & its premises.
  • Layout of premises (Optimum space utilization).
  • Ancillary costs (society maintenance & municipal taxes).
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