Valuation Glossary
A comprehensive guide to the terminology and concepts used in the Indian property valuation industry.
Turnaround Time (TAT)
The total time taken to complete a valuation assignment, from receiving the instruction to delivering the final report. ValDesk aims to reduce TAT by 60% through automation.
Geographic Information System (GIS)
A system designed to capture, store, manipulate, analyze, manage, and present spatial or geographic data. In valuation, GIS is used to analyze property location and micro-market trends.
Comparative Market Analysis (CMA)
An examination of the prices at which similar properties in the same area recently sold. This helps valuers determine the fair market value of a property.