Parijatha Real Estate has a dedicated team having wide experience in carrying out valuation of the immovable properties (land & building). They, in association with the professional & registered valuers, carry out the following activities:-
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Visit the properties and physically inspect them,
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Take measurements wherever feasible,
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Make discreet enquiries locally and gather information on encroachments, if any, mortgagor’s background & resourcefulness, knowledge of pending litigation
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Ascertain the recent sale / purchase transactions in the area where the properties are located,
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Take photographs of the properties and its neighbouring properties / buildings
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Arrange for Encumberance Certificates/7/12 extracts, wherever required.
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Make a survey of the infrastructure / civic facilities available in the area where property is located
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Do google mapping and locate the specific property with details like latitudes & longitudes
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Gather information / details on the guidance value fixed by the respective State Governments / agencies
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Assess the fair market value / realizable value and distress value of the properties.
The reports prepared by the said Wing are used by Investors/ Banks / ARCs in fixing a realistic price for investing/acquiring the NPA portfolios of seller banks. The reports are also used for negotiating and concluding settlements with borrowers / guarantors.