# Valuation Report for Property

> A valuation report states the fair market value of a property and sets how much a bank will lend. See a resale apartment example.

Canonical: https://superwise.site/glossary/valuation-report/
Last updated: 2026-11-01

A certified valuer's written estimate of what a property is worth in the market, which a bank uses to set the loan it will give.

## What is Valuation Report?

A Valuation Report is a document prepared by a certified, independent property valuer that states the fair market value of a property. The valuer bases it on the location, age, structural condition and [built-up area](https://superwise.site/glossary/built-up-area/) of the property, and on recent comparable sales nearby. Banks need it for a mortgage, because they lend only against the certified value of the collateral.

## Practical example

A buyer agrees to purchase a resale apartment for ₹1,00,00,000 and asks the bank for an ₹80,00,000 loan. The bank sends its empanelled valuer to the apartment. The Valuation Report says the apartment is badly deteriorated and worth only ₹75,00,000. The bank refuses the ₹80,00,000 loan because it exceeds the valuation of the asset.

## In SuperWise

In SuperWise a valuation report is filed like any other file uploaded against a project, as a project document in a folder, with a stage such as Received or Under Review and a revision history. Access to a folder is set by role for viewing, uploading and deleting.

[Document management system](https://superwise.site/features/document-management-system/)

## Related terms

- [Built-up Area](https://superwise.site/glossary/built-up-area/)
- [Khata / Khatauni (Land Record)](https://superwise.site/glossary/khata-land-record/)

## Related
- [Built-up Area](https://superwise.site/glossary/built-up-area/)
- [Khata / Khatauni (Land Record)](https://superwise.site/glossary/khata-land-record/)
- [Document management system](https://superwise.site/features/document-management-system/)