Buying a property seems like another major expense, but it is necessity of life and before any investment a person should value the property very well, so that his investment should have some worth. Property valuation is an important part for applying a loan. A valuation is required when you borrow to buy, refinance for property.
For a successful property valuer it requires a lot of experience and regular observation of the real estate industry. People may get into trouble if they won’t update themselves regularly. So, we would like to share some factors that may affect the property valuation in India.