At Ambike Associates, our mission is to deliver top-notch Property Valuation and Research services to esteemed clients all over India.
With Amibke Associates’ Property Research and Valuation, get a comprehensive assessment for a property. Whether you are selling or purchasing a property, the valuation report will share insights on the prevailing market conditions. This will be useful in determining the appropriate value of the property.
With our Property Research and Valuation, you can receive detailed reports as mentioned below.
Our Customers
Housing Loan / Commercial Loan / Industrial Loan providers
Foreign banks, private Indian banks, nationalized banks, and HFCs/NBFCs can all be generally categorized under this category. In addition to market intelligence reports, they want advice on newly launched projects, project approval, and project monitoring services to manage their collateral security risks.
Developers, PE players, and participants in construction finance:
To make well-informed decisions, these participants need to comprehend the dynamics of the real estate market through insightful research.
Individual Home Buyer:
To make an informed investment choice and to monitor their investment, individual home purchasers would need our assistance. Project monitoring, builder and project ratings, and project plans and approvals verification are among the services provided.
Chartered Accountants
We offer chartered accountants services for valuing assets under section 45 of the Income Tax Act and calculating value as of April 1, 2001, for asset sales under various sections of section 54.
Co-operative Societies
In order to determine the cost of construction for insurance purposes, cooperative societies might use our services.
Highest And Best Use (HABU) Analysis
To ascertain a land’s maximum potential, developers frequently need to do a three-step analysis that includes property analysis.
Developers frequently need to do a three-step analysis consisting of property analysis, entitlement and constraint analysis, and market analysis in order to ascertain the full potential of a land. Any conceivable use, though, needs to pass a number of requirements before it can be deemed the highest and best use of a property. Although the precise meaning of “highest and best use” differs, in general, the use needs to be one of the following:
Legally Permissible
The highest and finest possible uses are only those that are or may be allowed by law. This may not include uses that are not now, and probably won’t be, allowed by land use planning, zoning, government rules, deed restrictions, or covenants. Legal nonconformity may apply to properties whose use precedes current zoning or other property rules. Even though these grandfathered uses don’t adhere to the most recent zoning or other requirements, they are normally lawful. They are “grandfathered in” since their use predates these laws. However, if the legally nonconforming improvement is destroyed or damaged beyond a certain amount, then some of these uses might not be remade.
The concept of “legally permissible” might be difficult to define since it can include uses that are currently prohibited. This occurs when there is a reasonable chance (at least 50%) that the proposed use will be allowed under the current regulation, zoning, deed restriction, etc.
Physically Possible
Given the site’s size, shape, terrain, and other features, any proposed usage must be Economically feasible.
Financially Feasible
The highest and best use of a property must be financially feasible; that is, the intended use must bring in enough money to cover the expenditures of development as well as a profit for the developer. The question of financial feasibility is not entirely relevant when dealing with a renovated property that clearly has some economic life left in it. When dealing with an enhanced property that has a limited economic lifespan, the issue of financial viability shifts to one of the site’s most productive uses. Redevelopment of the site becomes the most productive use of the property if the value of the land as vacant exceeds the value of the property as improved less reversion/demolition costs. Continuing to use the existing improvements, which do not represent the highest net value of the site, is deemed to be financially unfeasible.
Maximally Productive
Ultimately, the use must provide the developer with the largest net return (profit). The highest and best use for a piece of land that may theoretically be developed for residential, commercial, or industrial purposes might only be one of those uses. Here are three fictitious development situations that demonstrate the test of maximum productivity.
Valuation
Determining a property’s value—the current value of potential future benefits resulting from real estate ownership—is a crucial step in the appraisal process. The advantages of real estate are typically felt over an extended length of time, in contrast to many consumer products that are used up rapidly.
- Valuation of all type of asset for Mortgage purpose
- Valuation of all types of asset for financial reporting
- Lenders engineers report
- Income Tax purpose
- Valuation for NPA properties
- Mass valuations
- Asset Valuation for family settlement
- Valuation for insurance purpose
Other services
- Periodic monitoring of under construction projects for stage updation
- Project Monitoring and Vluation for construction finance projects
- Highest & best use studies
- Assisting in Investment decision in property selection & construction
- Property Rate Guidance for purchase of new/old properties
- To assist in Purchase of property as per budget in preferred areas
- To assist in Selling/Renting of new/old properties
- Verification of Building Plans and Legal Aspects of property before any transactions
Valuations
Determining the value of a property involves taking into account the present value of future advantages that come with real estate ownership.
Project Monitoring
The practice of routinely observing and documenting project or program activity is known as monitoring. It is a method of consistently obtaining data.