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Method
How a property valuation is carried out and how the number is reached
Mortgage Valuation Experts states the method and the basis of value in every report, so a lender, a tax officer or a court can see how the figure was reached and test it.
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In the field
What happens at the site visit?
The inspection is carried out by Er. Singh or a qualified team member under his direct supervision. It includes boundary verification using modern technology, measurements, and photographs of the property and its surroundings. MVE does not issue desktop or drive-by valuations.
At the desk
How is the value worked out?
The value is derived from comparable transactions in the area and stated on the basis the purpose requires. The report names the method used.
Three values, kept apart
What is the difference between market, distress and realizable value?
Fair market value
The value in an open-market sale between a willing buyer and a willing seller.
Distress sale value
The value realizable under forced-sale conditions such as time pressure and a restricted buyer pool. Required in SARFAESI reports.
Realizable value
Market value less the costs of sale, publicity and brokerage. Er. Singh has advocated this basis for lenders and has written on it in the valuer journals.
The “only white money” basis
For mortgage and recovery work, the report values the component of price that can be transacted in a fully documented, open-market sale. It leaves out any premium that depends on undisclosed cash. Banks lend only against what a buyer can pay through banking channels, so the lender’s number has to be one it can actually recover.
What the report contains
What does the report contain?
- Letterhead with the valuer’s name and IBBI registration number
- Record of the physical inspection, with photographs
- Boundary verification using modern technology
- Comparable evidence from recent transactions in the area
- The method and the basis of value
- Signature of the valuer
Read the reasoning
Where has the method been published?
- Information Asymmetry and Sale of Assets under SARFAESI Act to Recover the Dues in NPA — Buyers Are Only Willing to Pay an Average Price
- Impact of Black Money on Valuation for Mortgage
- Unveiling Realizable Value: A Paradigm Shift in Banking Practices
- Assets Sold by Banks under SARFAESI Act to Recover Their Dues from NPAs Are Turning Out to Be “Lemons”
- Marketability of Mortgaged Asset & Its Value
Independence
What is the valuer’s role?
A valuer gives an opinion for the person who relies on it. Roles that could be seen to compete with that duty are stated openly on the Disclosures page.
Ready when you are
Tell us the property.
Three taps, then a message to Er. Singh with the details. He confirms the scope, the documents and the fee. Typically responds within 2 hours on WhatsApp.
Or reach Er. Singh directlyCall +91-98110-35491WhatsAppEmailContact form