Draft Valuation Standards for Plant, Machinery and Equipment. [11/11/2023]

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About Us

CVSRTA - REGISTERED VALUERS ASSOCIATION

A group of practicing valuers actively engaged in the profession, regularly attending seminars, conferences and fellowships on valuation came in contact with some practitioners and academicians from all over the globe by attending the World Valuation Congresses in Vancouver, Singapore and London.

While interacting with them, it was found that there was a difference in valuation practiced in India and that outside India. The practice developed outside India appealed to them mainly because the practitioners outside India, even in developing countries, could not practice without an academic qualification in valuation due to the Valuers' Act, regulating the valuation profession. Whereas, even today, in India there is no such Act to regulate the valuation profession.

This group studied the courses offered across the globe and developed a curriculum suitable to Indian requirements and approached BVM Engineering College, affiliated to Sardar Patel University (SPU), Vallabh Vidyanagar, Gujarat for introduction of the valuation courses and met late Dr B. P. Swadas, Principal of the college cum Dean faculty of engineering and technology SPU and late Dr D. D. Jadeja, Vice Chancellor, SPU. Dr Jadeja immediately agreed on following conditions:

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Our Chairman: Mr. Yomesh Narayan Rao

Yomesh has More than 18 years of operational and strategic experience in the real estate and construction industry across India. With a bachelor degree in engineering (Civil), he started his career as a site engineer with one of the top Indian builders - Raheja Group based in Mumbai. His vast knowledge and experience in technical due diligence, project approvals and clearances throughout the lifecycle of building projects has gained him considerable respect from regulatory authorities. Having been head of the department of Regulatory and Liaison within the Raheja Group, Yomesh has ventured out to start his own consultancy.

Though gentle in approach, he has a penchant for getting things done, with the ability to plan, strategize and make quick but correct decisions. When it comes to construction he's been there, done that, but is still willing to learn.

Undertaken projects Initially Limited in Bombay, MMR and then Moving in to Pan India Liaison by Studying and Understanding the Local Rules and Regulations of Various Cities like Hyderabad, Bangalore, Mangalore, Chandigarh, Haryana, Chennai, Goa etc........

He is a Member of the Executive Committee of the Esteemed Practicing Engineers Architects and Town Planners Association (PEATA) and is a part of their Editorial Team

Our Team