Client:<br>
<b>Confidential – A Leading Educational Institution (PAN India Network)</b><br><br>
Project Type:<br>
<b>Valuation of Institutional Properties (Land & Building)</b><br><br>
Service Provided By:<br>
<b>Valorem Engineering Pvt. Ltd.</b><br><br>
<b>Project Overview</b><br>
A reputed educational group with multiple campuses across India engaged Valorem Engineering Pvt. Ltd. to carry out independent valuation of their school properties for financial reporting, banking, and asset verification purposes.<br><br>
The assignment covered multiple school buildings located in key cities and towns across India, including Maharashtra, Gujarat, Karnataka, Delhi NCR, and Madhya Pradesh.<br><br>
Each site comprised extensive built-up facilities such as classroom blocks, laboratories, administrative wings, auditoriums, sports complexes, staff quarters, and playgrounds.<br><br>
<b>Scope of Work</b><br>
<b>Physical Inspection & Site Survey</b><br>
– On-site inspection of every campus to assess physical condition and layout<br>
– Verification of land boundaries, access roads, and utility infrastructure<br>
– Estimation of built-up area through architectural plans and physical measurements<br><br>
<b>Technical Evaluation</b><br>
– Assessment of structural condition, maintenance level, and construction quality<br>
– Review of approved plans, occupancy certificates, and land title documents<br>
– Identification of additional structures (temporary or permanent) and their valuation impact<br><br>
<b>Valuation Methodology</b><br>
Land Valuation: Based on latest Ready Reckoner Rates and prevailing market trends in each region<br>
Building Valuation: Using Depreciated Replacement Cost (DRC) method considering age, quality, and residual life<br>
Reconciliation of Values: Integration of both land and structure values with regional adjustment factors<br><br>
<b>Deliverables</b><br>
– Individual Valuation Reports for each property site<br>
– Consolidated Summary Report for the client’s head office<br>
– Photographic Documentation of each asset<br>
– Recommendations for asset optimization and maintenance planning<br><br>
<b>Project Challenges</b><br>
– Managing logistics and coordination for multiple sites across states<br>
– Dealing with regional differences in ready reckoner and market rates<br>
– Synchronizing data collection, NOC verification, and document review with local management teams<br>
– Maintaining reporting uniformity and audit compliance for all campuses<br><br>
<b>Valorem Engineering’s Approach</b><br>
Valorem Engineering deployed a dedicated multi-disciplinary team of engineers and valuers, led by Mr. Sagar Prakash Shinde (Founder & Principal Consulting Engineer).<br>
The team adopted a standardized Valuation Template and QA Procedure ensuring consistent accuracy and transparency across all reports.<br><br>
Digital tools and satellite mapping were also utilized to verify land boundaries and built-up consistency for remote sites.<br><br>
<b>Outcome & Impact</b><br>
✅ Delivered accurate and bank-compliant valuation reports for all c
