FUTURE OF VALUATION PROFESSION IN INDIA

FUTURE OF VALUATION PROFESSION IN INDIA: RISK, RESPONSIBILITY & REFORMS

By CEV Group | CEV IAF RVO | Council of Engineers and Valuers (CEV INDIA)
For IBBI Valuation Practice Aspirants & Registered Valuers

🔍 Introduction: A Profession at the Crossroads

As India’s economic landscape transforms at a rapid pace, the valuation profession is evolving in tandem, becoming more structured, regulated, and aligned with global standards. In this dynamic environment, valuers must gear up for a future marked by new risks, higher responsibility, and widespread reforms.

The CEV Group, through its ongoing educational outreach and video content, is committed to preparing IBBI valuation aspirants and practicing professionals to embrace these changes with confidence, competence, and clarity.

⚠️ Understanding the RISKS in Modern Valuation Practice

Regulatory Pressures
With enhanced surveillance and compliance obligations under the Companies Act, 2013 and oversight by IBBI, valuers now face legal and reputational risks for any deviation from standard practices.
Market & Economic Volatility
Unstable real estate markets, unpredictable financial trends, and post-pandemic shifts in asset valuations have increased the complexity of valuation assignments.
Technological Disruption
Automated Valuation Models (AVMs), AI-based property assessments, and data-driven tools are redefining how value is measured, demanding new technical adaptability from professionals.
Public Scrutiny and Accountability
High-profile insolvency cases and corporate fraud investigations have placed valuers under intense public and institutional scrutiny, raising the bar for diligence and impartiality.

🎯 RESPONSIBILITIES: The Expanding Role of a Registered Valuer

Today’s valuation professional is no longer just an asset appraiser. He or she must serve as a financial advisor, strategic assessor, risk mitigator, and regulatory ally. Key responsibilities include:

Upholding professional integrity and independence
Adhering to IBBI-recognized Valuation Standards and Codes of Conduct
Ensuring robust documentation, transparency, and traceability in reports
Continual learning to stay updated with evolving asset classes and legal mandates
Maintaining client confidentiality and ethical practices at all stages

A valuer is also expected to interpret laws, assess emerging asset types (like digital assets), and engage in complex corporate transactions such as mergers, acquisitions, and insolvency proceedings.

🛠️ REFORMS: Paving the Way for a Stronger Valuation Ecosystem

The Government of India, through the Insolvency and Bankruptcy Board of India (IBBI) and support from Registered Valuer Organisations (RVOs), is actively reforming the valuation sector through:

Standardization of Valuation Methodologies
Mandatory implementation of consistent standards across asset classes—Land & Building, Plant & Machinery, and Securities & Financial Assets.
Strengthening the Role of RVOs
RVOs are tasked with training, monitoring, and disciplining members while guiding them through continual professional development.
Focus on Capacity Building
Introduction of advanced training modules, mock tests, real-time case studies, and pre-exam guidance is helping aspirants prepare effectively.
Global Alignment
Indian valuation regulations are being mapped to international frameworks such as the IVS (International Valuation Standards), RICS, and USPAP for global recognition and interoperability.
Digitalization & Automation
The use of valuation tech tools, databases, valuation portals, and AI integration is being encouraged to improve accuracy and efficiency.

🧭 For IBBI Aspirants: What You Must Know

For those preparing for the IBBI Valuation Examination, this is a pivotal moment to:

Deepen your knowledge of valuation theory and law
Build a strong foundation in accounting, finance, engineering principles, and market practices
Stay updated with regulatory circulars, valuation case law, and ethical guidelines
Engage with training material from credible sources like CEV IAF RVO and COE
Practice with mock exams, industry case studies, and mentorship sessions

📣 CEV Group’s Role in Shaping the Future

Through consistent education, publications, workshops, and now informative video content, the CEV Group and CEV IAF RVO have been at the forefront of nurturing the next generation of valuers.

Their latest video release on “Future of Valuation Profession: Risk, Responsibility & Reforms” is a must-watch for every IBBI aspirant and active valuer aiming to stay ahead of the curve.

📝 From Compliance to Competence

As India’s financial and corporate frameworks mature, the valuation profession must transition from being reactive to proactive, from compliance-driven to competence-led. Those who embrace the triad of Risk awareness, Responsible practice, and Reform orientation will not just survive—but thrive.