Valuation under SARFAESI Act

Valuation Under SARFAESI Act, 2002

Valuation Under SARFAESI Act

As per SARFAESI Act, 2002 and Rule 8(5) of Security Interest (Enforcement) Rules, 2002, before affecting sale of immovable property, authorised officer is required to obtain valuation of property from an approved valuer. With its Partners being ‘Registered Valuers’ under Wealth Tax Act, 1957, AAA Valuation Professionals LLP may be appointed for the valuation of Mortgaged Immovable property and Movable Assets for the purpose of fixing their Reserve Price for auction by Banks, Financial Institutions, NBFCs