Frequently Asked Questions

Property Valuation
Questions Answered

Common questions about property valuation in Delhi NCR — costs, credentials, process, and specific use cases.

What is a Government Approved Valuer and why do I need one?

A Government Approved Valuer (also called a Category-1 Registered Valuer) is certified by the Income Tax Department and/or IBBI (Insolvency and Bankruptcy Board of India) to provide legally recognised property valuations. Banks, courts, the Income Tax Department, RBI, and embassies require reports from Government Approved Valuers for mortgage underwriting, SARFAESI proceedings, capital gains computation, visa applications, and NRI repatriation. Er. B.P. Singh (IBBI/RV/02/2019/11959) is one of Delhi NCR's most experienced approved valuers.

How much does a property valuation cost in Delhi NCR?

Property valuation fees depend on the property type, size, and purpose. A residential flat mortgage valuation in Delhi NCR typically starts from ₹3,000. Commercial property, NPA/SARFAESI, court-appointed, or specialised valuations may be priced differently based on scope and urgency. Contact Mortgage Valuation Experts at +91-98110-35491 or WhatsApp for a precise quotation.

Which banks is Mortgage Valuation Experts empanelled with?

Mortgage Valuation Experts is empanelled with 29 banks and financial institutions across India, including Canara Bank, Bank of Baroda, Punjab National Bank, HDFC Bank, State Bank of India, Allahabad Bank, Oriental Bank of Commerce, Central Bank of India, UCO Bank, and many others. Being on the panel means the valuation reports are directly accepted by these institutions without additional verification.

Does Er. B.P. Singh visit the property personally?

Yes. Every valuation assignment includes a physical site inspection personally conducted by Er. Bhupendra Pratap Singh or a qualified team member under his direct supervision. The inspection includes boundary verification using a magnetic compass, photographic documentation, and measurement cross-checking. Mortgage Valuation Experts does not issue "desktop" or "drive-by" valuations.

How long does it take to get a property valuation report?

Standard property valuation reports in Delhi NCR are delivered within 3–5 working days after the physical site inspection. Reports for urgent bank submissions or court hearings can typically be expedited to 24–48 hours. Contact us to discuss turnaround requirements for your specific case.

Can you do NRI property valuations for properties in Delhi NCR?

Yes. Mortgage Valuation Experts specialises in NRI property valuations for Delhi, Ghaziabad, Noida, and Gurugram. Reports are prepared per FEMA and RBI guidelines and are accepted by Indian banks, the Reserve Bank of India, and overseas embassies in the US, UK, Canada, Australia, UAE, and Schengen countries. The site inspection can be coordinated with a local Power of Attorney or family representative.

What is SARFAESI valuation and who can conduct it?

Under the SARFAESI Act (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act), banks must obtain an independent IBBI-registered valuer's assessment before auctioning a defaulted borrower's property. Only IBBI-registered valuers are authorised to conduct SARFAESI valuations. Er. B.P. Singh is empanelled on Canara Bank's SARFAESI panel and 28 other major institutions.

Do you provide property valuations for visa applications?

Yes. Mortgage Valuation Experts issues Government Approved Valuer certificates for visa and immigration applications — including investor visas, student sponsor documentation, skilled migration net-worth proof, and Schengen visa financial documentation. These certificates are accepted by embassies of the US, UK, Canada, Australia, and Schengen countries for applicants in Delhi NCR.

What is "Only White Money" valuation methodology?

The "Only White Money" or "Realizable Value" methodology was advocated by Er. B.P. Singh to protect banks from NPAs caused by inflated valuations. It values only the component of a property's price that is transactable in a fully white-money, open-market sale — excluding any black money premium. This approach was published in The Indian Express (2008) and in the ICAI RVO journal, and is now aligned with IBBI's concept of "Fair Value" for distress assets.

Can you provide court-appointed or expert witness valuations?

Yes. Er. B.P. Singh has served as Expert Witness and Court-Appointed Valuer for Delhi High Court, district civil courts across Delhi NCR, and has provided valuations in CBI and Enforcement Directorate matters. Valuation reports are prepared to withstand cross-examination, with full supporting comparative market data.

What documents do I need for a property valuation?

For most valuations you will need: the sale deed / conveyance deed, floor plan or building plan (approved by local authority), property tax receipts, society NOC or share certificate (for apartments), and any recent survey or mutation documents. For capital gains valuations, the original purchase documents are also required. Contact us and we will confirm the complete document list for your specific valuation type.

Are Mortgage Valuation Experts reports accepted by the Income Tax Department?

Yes. Er. B.P. Singh holds a Category-1 Government Approved Valuer registration which is required for valuations submitted to the Income Tax Department — including capital gains (Section 55), wealth tax, undisclosed asset declarations under the Black Money Act, and valuations for IT Appellate Tribunal proceedings.