Assessors and Registered Valuers Foundation

IBBI Recognition No: IBBI/RVO/2021/016

MOU

A Memorandum of Understanding (MoU) between the Assessors and Registered Valuers Foundation (AaRVF), India, and the Royal Institution of Chartered Surveyors (RICS) has been signed on the 15th of September 2023, marking a significant milestone in the real estate valuation and professional development sector.

Assessors and Registered Valuers Foundation is a non-profit organization under section 8 of the Companies Act, 2013 created to make valuation education accessible and affordable to all aspirants in India and to enable them to practice valuation as Registered Valuers.

The Royal Institution of Chartered Surveyors is a global professional body that promotes and enforces the highest international standards in the valuation, management, development, and use of land, real estate, construction, and infrastructure. With over 150,000 qualified members and professionals around the world, RICS ensures transparency, integrity, and ethics in the built environment profession.

The MoU unites the expertise of two well-known organisations. The MoU between AaRVF and RICS India marks a notable collaboration in the real estate industry. This partnership promises to elevate valuation standards, facilitate knowledge sharing, and enhance professional development. It unites the expertise of two respected organisations, setting the stage for industry excellence and benefiting stakeholders across the sector. This MoU heralds a brighter future for real estate valuation in India.

Our organizations' distinct assets and abilities will be combined through this collaboration, we are convinced, creating more synergies in our work. We expect to have more chances to improve, be more effective, and have a stronger reputation for excellence in our respective sectors. Overall, we anticipate that this agreement will benefit our organizations and look forward to those results.