RICS announced the signing of a Memorandum of Understanding (MOU) with the ICSI Registered Valuers Organisation (ICSI RVO). The partnership between RICS and ICSI RVO aims to promote best international practices and standards in the valuation profession, launch various training programs focused on land and building valuation, and explore additional opportunities for collaboration in areas of mutual interest. The joint effort will also focus on sharing knowledge and skills essential for land and building valuation.
Ashwani Awasthi, Managing Director - South Asia, RICS, commented on the partnership, “RICS has taken a significant step towards supporting excellence and quality in valuation by signing the MOU with ICSI. By reinforcing our collaboration with ICSI Registered Valuers Organisation, we are committed to protecting and promoting valuation professionalism in India.”
CS Manish Gupta, the President of ICSI, added, “This historic MOU brings together ICSI, India's sole recognized professional organization for company secretaries, and RICS, a leading international organization in surveying and valuation. By signing this MOU, we pledge to work collaboratively towards our shared goals of advancing Land & Building valuation, establishing professional standards, vigorously advocating for professional regulations, and sharing skills and knowledge.”
The MOU signifies a crucial milestone in RICS's dedication to valuation excellence. It ensures that clients selecting valuers in India can trust and rely on the highest professional standards provided through the partnership between RICS and ICSI. RICS remains committed to quality and excellence in valuation and will continue collaborating with ICSI in the future.
