Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Looking to be a part of a changing valuation profession in india look to rics
1. Given the level of foreign and domestic investment finding its way into the Indian
real estate and construction sector, there is huge opportunity for real estate and
property valuation that has untapped potential. With the increase in housing
finance and developers looking at alternative capital sources to traditional bank
loans, the real estate finance industry is increasingly looking to hire trained
property professionals who can carry out land and property valuations
consistently and accurately for multiple purposes such as lending and financial
reporting.
Property or real estate valuation is important not only from the perspective of
investors and lenders, but more importantly for buyers, as appraisals/valuations
of residential property are important determinants of financial planning and
investment decisions. In fact, real estate valuations are the independent axis
around which all property information flows. It touches every aspect of property
development, right from feasibility studies to asset demolition and
redevelopment and is vital to the creation of a robust realty market and stable
economy, where at the heart of all financial decision making, performance
analysis, reviews, transactions and development advice lie - consistent and
reliable valuations!
Therefore, a credible valuation involves the services of a ‘qualified valuer’ who
will need to appraise the property, based on the application of specialized skills
that combine the application of both ‘science’ and ‘art’. These aspects make
property valuations a complex task to undertake, given the various factors that
influence it. The RICS Foundation and Advanced Programs in Property Valuation
or FPPV/APPV delivered in partnership with international academic partner
College of Estate Management (CEM), have been designed to familiarize you with
the basic principles of property valuation; understanding valuation techniques
and issues relating to understanding International Valuation Standards; undertake
complex valuations and prepare detailed valuation reports.
If you have a strong affinity for finance and number crunching and wish to act as
an independent land economist to determine the value of land and property
portfolios for mortgage, taxation, probate and collateral purposes – then enroll
for the RICS India Professional Education Programs in Property Valuations today.
These 24 week, distance learning programs offered by RICS provide you with
enhanced flexibility through self-paced learning, which will suit your personal
learning styles and busy work schedules. These programs will also provide you
2. with 24/7 accessibility to program material via a cutting-edge online learning
academy (OLA) which allows you to interact with faculty and other candidates
through discussion forums.
RICS is the world’s leading professional qualification and standard setting body for
land, property and construction sectors. The RICS Valuation Standards are globally
recognized and accepted as the ‘gold standard’ of valuation practice worldwide.
The ‘Red Book’ has been specifically localized for the Indian market in an attempt
to ensure that a single set of globally consistent and locally relevant standards are
available to valuers, which can not only be easily understood but also
implemented. Some part of these standards are also explained in the foundation
and advanced programs in property valuations offered by RICS.
RICS India is aimed at up skilling practising professionals to stand ahead in the
international construction and proeprty market. See our foundation courses in
residual method of valuation , quantity surveying techniques and valuation
methods