Who Conducts Land & Building Valuation?

Land & Building valuation is carried out by Government-Registered Valuers who are approved under the:

• Income Tax Department

• CBDT

• IBBI

• Institution of Valuers

• Chartered Engineers

• Corporate Valuers & Appraisers

Our valuation team includes registered professionals with decades of experience in structural assessment, land measurement, market analysis and financial valuation.

Government Prescribed Format: FORM O-1

(Applicable for Immovable Property – Other than agricultural land, plantations, forests, mines & quarries)

All valuations are prepared strictly as per Form O-1, approved by the Ministry of Finance, Government of India.

Below is the standard structure followed in Land & Building Valuation:

Part – I : GENERAL DETAILS

1. Purpose of Valuation

(Examples: Capital Gain Tax, Loan Approval, Wealth Tax, Sale/Purchase, Legal Dispute, Financial Reporting)

2. Valuation Date

3. Name of Property Owner(s)

4. Ownership Details

• Single / Joint Ownership

• Nature of share

• Whether undivided

5. Description of Property

Nature, use, surrounding environment.

6. Location Details

Street, ward, locality.

7. Survey / Plot Number

8. Type of Area

• Residential

• Commercial

• Mixed

• Industrial

9. Locality Classification

High-class / Middle-class / Ordinary / Economical zone

10. Proximity to Amenities

Schools, hospitals, markets, transport, civic facilities.

11. Connectivity

Road, rail, metro, public transport availability.

LAND DETAILS

12. Area of Land

As per documents, shape, dimensions, physical condition.

13. Road Access

Width and type of adjoining roads.

14. Ownership Mode

Freehold / Leasehold.

15. If Leasehold

• Name of lessor

• Lease term

• Ground rent

• Premium paid

• Unearned increment clause

16. Restrictive Covenants (if any)

17. Easements (if any)

18. Inclusion in Town Planning Scheme

Zoning, permissible use, FSI rules.

19. Development Charges Paid or Pending

20. Notification for Acquisition (if any)

21. Site Plan

Attached with measurements.

IMPROVEMENTS (BUILDING DETAILS)

22. Building Plan & Layout

Approved drawings, elevations, floor plans.

23. Technical Details

Full structural specifications (separate sheet).

24. Occupancy

Owner-occupied / Tenanted / Mixed.

25. Permissible FSI & Utilized FSI

RENTAL DETAILS (if applicable)

26. Tenant-wise Details

• Tenant Name

• Area occupied

• Monthly rent

• Gross annual rental income

27. Relationship of Tenants with Owner

28–35. Utility Charges, Maintenance, Lift, Pump, Repairs Responsibility, Property Tax, Insurance Details

36–37. Rent Disputes & Standard Rent Details

SALE INSTANCES

38. Comparable Sales Data

Recent transactions in the locality.

39. Land Rate Adopted

40. Basis of Rate Determination

When comparable sales are not available.

COST OF CONSTRUCTION

41. Year of Construction (Begin & End)

42. Mode of Construction

Contract / Direct labour.

43–44. Agreements & Rate Analysis (if construction done directly)

Part – II : VALUATION METHOD

A detailed explanation of the approach adopted:

• Land Valuation Method

• Building (Cost) Method

• Depreciation Method

• Comparable Market Method

• Income Approach (Rental value method)

Final FMV (Fair Market Value) is computed using the most suitable valuation approach.

Part – III : DECLARATION OF VALUER

Includes:

• Verification of facts

• Independence confirmation

• Inspection date

• Professional conduct declaration

• Signature, Stamp & Registration Number

ANNEXURE: TECHNICAL DETAILS OF BUILDING

A building-wise and floor-wise breakup including:

• Plinth area as per IS standards

• Age of structure

• Type of construction

• Foundations

• Walls (material & type)

• Flooring

• Windows, doors, finishing

• Roofing

• Electrical wiring quality

• Sanitary installations

• Water supply system

• Lift details

• Compound wall

• Paving & internal roads

• Drainage & septic tank system

• Pump house, underground & overhead tanks

All annexure sheets are attached with photographs and site inspection notes.

Why Choose Valuers Online for Land & Building Valuation?

✔ Government Registered Valuers
✔ Reports Accepted by All Banks & Govt. Departments
✔ As per FORM O-1 (Govt. Prescribed Format)
✔ Detailed FMV, Market Rate & Depreciation Working
✔ 100% Legally Compliant
✔ PAN India Services
✔ 40+ Years of Combined Experience