Pune: Residents will be able to obtain digitally signed online property valuation reports soon from a portal accessible through the official IGR website, eliminating the need to queue up at registration offices.Officials from the department of registration and stamps said the portal would provide indicative market valuation of properties based on prevailing Annual Statement of Rates (ASR). It would enable buyers and sellers to understand property value and registration fee in advance. The facility would make property transactions transparent, convenient and accessible to all stakeholders, an official said.A senior registration department official said the property valuation portal had been developed as a citizen-centric initiative to improve access to ASR-based property valuation. “People will be able to check properties’ indicative market value online and plan their transactions in advance,” he said.The portal will allow users to log in using their cellphone number. Then they will have to select valuation categories such as urban, rural or influence areas. Users will need to enter details such as district, taluka, village or city, CTS (city title survey) or survey number, property usage, construction type, age of property and road connectivity. Thereafter, the system will generate an estimated market value of the property concerned.The portal will allow users to view, download and print valuation reports. In the next phase, the department plans to introduce verification by the sub-registrar concerned, after which the valuation report will be digitally signed and emailed to applicants.Another official said digitally signed valuation reports after verification would streamline the property registration ecosystem and reduce footfall at registration offices for valuation-related queries.Property stakeholders welcomed the move. Pune’s Amit Kulkarni said, “Getting valuation details online will save time and reduce the need to visit registration offices multiple times. It will help buyers understand costs in advance.”A property dealer said, “Many buyers struggle to understand ASR and valuation calculations. An online digitally signed valuation report will make the process transparent and easier.”
