New Launch - India Real Estate Report 2026.

What is an Open Market Valuation?

Open Market Valuation Open market valuation is property value estimate based on what a willing buyer would pay a willing seller in an arm's length transaction with neither under compulsion, assuming property marketed openly and reasonable time allowed for finding buyer in current market conditions.

Key Assumptions

  • Willing buyer and seller without compulsion
  • Property marketed openly for reasonable period
  • Both parties acting knowledgeably and prudently
  • Payment made in cash or equivalent financing

Applications

  • Property sales and purchase pricing
  • Mortgages and lending decisions
  • Insurance coverage amount determination
  • Tax assessment and estate planning

Open market valuations estimate property value based on willing buyer-seller transactions without compulsion assuming open marketing and reasonable time finding buyer.

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