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RICS & AaRVF MoU To Elevate Valuation Standards

RICS & AaRVF MoU To Elevate Valuation Standards

BY Realty Plus
Published - Saturday, 16 Sep, 2023
RICS & AaRVF MoU To Elevate Valuation Standards

The Royal Institution of Chartered Surveyors (RICS) and the Assessors and Registered Valuers Foundation (AaRVF) are pleased to announce the signing of a Memorandum of Understanding (MOU), marking a significant milestone in the real estate valuation and professional development sector.

The Memorandum of Understanding (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 organizations, setting the stage for industry excellence and benefiting stakeholders across the sector. This MoU heralds a brighter future for real estate valuation in India.

Gurvinder Pal Singh Raina, Senior Public Affairs Officer at RICS, highlighted the strategic importance of this partnership, saying, "RICS has a longstanding legacy of setting high standards in real estate and valuation. Collaborating with AARVF allows us to extend our knowledge and resources to a broader audience. We believe this MOU will facilitate knowledge exchange, enhance professional development, and contribute to the growth of the valuation profession in India."

Saurabh Gupta, Managing Director at AaRVF, expressed enthusiasm about this collaboration, stating, "This MOU opens up a world of possibilities for both organizations. AaRVF is committed to promoting excellence in the field of valuation, and by aligning with RICS, a globally renowned institution, we can tap into their expertise and best practices. Together, we will explore new training programs, adopt international valuation standards, and share valuable insights, ultimately raising the bar for the entire industry."

In conclusion, this MOU signifies a significant step towards industry excellence and collaboration between AaRVF and RICS. Both organizations look forward to a fruitful partnership that will benefit the real estate valuation sector and its stakeholders.

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