General
National Council of the Institution
Other prominent valuers and members of the Institution
Various purposes of valuation
Categories of properties/assets for valuation
Services provided by the Institution
Membership of the Institution
Exemption of the Institution under Section 80 (5)(VI) of the Income Tax Act 1961.
Notified rates of land & developed plots in various Districts of NCR
Various Purposes of Valuation
The various purposes for which valuation is done by the Institution are:-
i). To determine a person’s liability to public taxes like income tax, wealth tax, capital gains tax, property tax, vacant land tax, ground rent etc.
ii). Stamp duty payable for the transfer of property, Acquisition under Land Acquisition Act, liquidation,
iii). Reserve price for compulsory auctioning
iv). Disinvestments by government and disposal of non-performing assets.
v) Loans for construction of new building.
vi) Sale and purchase of property, determination of the cost of the building, rent fixation, family partition, insurance etc.
vii) Insurance
viii) Visa
ix) Merger, demerge
x) Acquisition
xi) Settlement of disputes
 

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