Capital gains property valuation and FMV reports
Capital gains valuation needs a report that clearly identifies the property, valuation date, ownership context and evidence used. Sanghvi Valuers prepares reports for sale of inherited property, older acquisitions, fair market value as on 1 April 2001, family transfers and tax-planning documentation.
FMV as on 1 April 2001
For eligible older assets, historical location, development status, access, planning records and market indicators are considered to support the valuation basis.
Current sale valuation
Recent market evidence, property characteristics and transaction context are assessed for current fair market value or sale-related reporting.
Inherited property
Succession, family settlement, probate, release deed or transfer history can affect how the property and valuation date are documented.
Information required for a tax-ready valuation
- Property address, locality and survey, CTS, flat, unit or plot details.
- Ownership papers and chain documents available with the owner.
- Date of acquisition, inheritance, gift, conversion or proposed sale.
- Area statement, plan, tax bill, society records or municipal extracts.
- Any notice, computation note or specific instruction from the tax advisor.
Why a purpose-specific report matters
A generic estimate can create problems during tax review. A capital gains report should identify the valuation date, method, assumptions, property evidence and limitations clearly, so that the report can be understood by the owner, chartered accountant and reviewing authority.
Request a capital gains valuation
Tell us the property locality, valuation date required and whether the matter relates to sale, inheritance, FMV 2001 or another tax purpose.