Pravin Kulkarni and Associates

How we work

How we deal about business

Our company

We “Pravin Kulkarni and Associates” are a Consultancy firm specialised in Valuation of Immovable properties for funding from Banks and Financial institutions, for financial reporting, merger and acquisitions, internal management review of Companies for Land acquisition matters, Mesne Profit, Capital Gain Income tax purpose etc.

Our founder

The team is headed by Mr. Pravin Kulkarni, a postgraduate in Valuation of Real Estate. He is a Government registered Valuer of Immovable Properties under Wealth Tax Act 1957, an IBBI registered Valuer and has a vast amount experience in building construction, estimation and costing as well as Real Estate valuation, which has ensured our distinctive presence in today’s market.

Our valuers

We are a team of qualified and well experienced Property Valuers familiar with the area and well aware of related rules and regulations and the property valuation process as specified by International Valuation Standards. Our team is amply qualified to provide clients with accurate and reliable property valuations, as well as a wide range of property consulting services.

Our reports

Valuation is an estimate and Value of a property varies with the purpose of valuation. Hence an accurate valuation of a property for a particular purpose is a critical element in decision making related to the management and the assessment of the property, utilisation of property assets, personal or corporate. We can provide you with independent, honest and unbiased valuation report of residential property, commercial property, industrial property and general property advice throughout Mumbai and the metropolitan area in specific time line and at reasonable charges for a wide variety of purposes that can legally be relied upon and give you the advantage and confidence in your property decision. You can discuss and seek clarification for any point/ issue in the valuation report submitted by us. We would be glad to address your concern.

Exclusive Services

We Provide Amazing Services

Internal Management Review

Valuation is required by companies/auditors/financial market participants to determine the Value of an asset they are willing to pay or receive to effect a sale, to resolve disputes related to properties, taxation, litigation, and many other business and legal purposes.

Bank Finance

Finance by bank/financial institutions is generally required for purchase of home, loan against property. Loan sanction is decided by the bank based on repayment capacity of client, verification of legal documents and technical sanctions, current Market value of property as certified by the Valuer.

Insurance

Insurance is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. A market valuation does not take into account rebuild costs, and will also include the value of the land. In order to insure a property correctly, it is important that customers obtain a Valuation report for Insurance.

Visa

Valuation report with current market value of properties support and assists your application with Department of immigration and Citizenship. Normally visa valuation is needed by people going for Study Purpose, Tourist Purpose, Immigration Purpose, Worth Purpose, Assets Purpose, Visiting Purpose, Business Purpose.

Income Tax/Capital Gain

A seller can obtain valuation report indicating Market Value of the property as on date of transaction to justify the Agreement price. Profit from the transfer or sale of a capital asset is chargeable to tax under the head "Capital Gain" in the year in which capital asset is sold or transferred.

Mesne Profits

As per law, the wrongful possession is the very essence of a claim for mesne profits and the very foundation of the unlawful possessor’s liability. Hence Mesne profit is a compensation recoverable from a person who has been in wrongful possession of immovable property.

Solvency Certificate

Solvency certificate indicates the financial status of an individual or entity. Solvency certificates are usually issued by a bank on the basis of bank account transactions, valuation report of assets and reports obtained from a Chartered Accountant.

Land Acquisition Purpose

Government acquire land or property for development for public purpose under the relevant Act. The relevant Act provides a legislative framework to determine the amount of compensation entitled for an acquisition. When there are differences between a land owner and acquiring authority regarding compensation, an independent valuation is required to determine the market value.

Lender's Independent Engineers Report

Lender’s Engineer is appointed by the Lenders primarily to safeguard the interests of the lenders (bank/financial institutions) and to ensure that the risk of the lender is minimized. The Lender’s engineer regularly visits the site and monitors the project for quality of construction, time schedule and the proper utilization of funds.

Construction Finance Report

Construction Finance is required by construction companies for construction work of any new or ongoing residential or commercial development. Our Report includes verification of necessary sanctions, estimate of cost incurred and balance cost of completion, work progress etc.