D. Parthasarathy Associates: The Cynosure of Valuation Services Imparting Accuracy & Transparency

D. Parthasarathy, Proprietor

D. Parthasarathy


Influenced by global financial markets, urbanization and continual digital disruption, Indian real estate segment is subject to rapid demand amongst national and international investors. In order to sustain sufficient professional opportunities, accurate real estate valuation is the need of the hour. With newer technology in action and au courant professionals researching several modus operandi for property valuations, the real estate industry is shifting gears towards centralized processes and revamping its valuation systems.

Sensing property valuation as a key concept for real estate investments, D. Parthasarathy (Proprietor) established D. Parthasarathy Associates (DPA) as a full-fledged valuation services firm that performs meticulous analysis of properties with highest standards of accuracy. Known for its multi disciplinary appraisal approach, data creation expertise and digital proficiency, Chennai-based DPA primarily caters to asset based lending institutions and offers valuation services for real estate and machinery appraisals. Casting light on the company’s strength pillars, Parthasarathy avers, “Our strength has been our experienced, professional and committed team that allows us to accept finance valuation assignments in every possible asset valuation arena”.

Valuing with Precision

Having specialization in real estate and industrial appraisals, DPA performed nearly 30,000 appraisals in total and offers services for lending, insurance, fair rental, mergers & acquisitions, internal accounting, liquidation, qualifying documentation & registration, and others, for real estate property valuation. The process involves appraisal of real estate and machinery & equipment of the borrower along with valuation of assets that are company or individually owned. These services however differ based on the nature of assets ranging from residential spaces to commercial hotels and industrial buildings. While assessing construction cost of buildings and cost of property as on 1/4/1981 & 1/4/2001, the company follows specific valuation standards that include assessment of capital gain for income tax department. Besides, it works closely with chartered accountants for commercial, tax litigation and court cases.

Furthermore, DPA’s expertise in machinery and equipment appraisals allows the company to perform nearly 300 appraisals annually across entire spectrum of industries such as automotive, chemical, ceramic tile,foundry, construction, electronic, pharmaceuticals and many more. Since each industry differs in terms of equipment usage and scale, DPA values industrial properties distinctly, total value conclusion of which ranges from few thousands to hundreds of crores.

Epitome of Quality & Transparency

Besides conveying assistance in mediation and settlement negotiations, DPA’s alpha workforce follows the stratagem of regular review for maintaining consistency, transfers accurate information from one appraiser to another, and fine-tunes new procedures for future uniformity. Topping that is the personnel’s adherence to code of ethics for maintenance of respective standards and company norms. Parthasarathy adds, “Being an ISO 9001:2015 certified company, we adhere to our quality policy - Excel in what we do with team effort and to be true & fair to all stakeholders”.

DPA seamlessly creates and harnesses a unique blend of resources like vast data banks for real estate market prices & construction costs, and a synchronized valuation team comprising field inspection executives to experienced valuers. Besides,
the firm also utilizes digital age market information available on internet, regular property & real estate insight information provided by multinational property consultants/magazines/ articles, tools like Google Maps, GPS & Google Earth, Government’s digital revenue data banks,land circle/guideline rates & encumbrances, and many others, to simplify property valuation.

Yet, due to limited information on asset/market, opaque market data/transactions, special assets whose market sparsely exists and many more conditions, discovering the market price range stands as a grave challenge for the firm. Hence, to overcome this, DPA pursues the submitted data minutely, compares them with data bank information, surveys primary & secondary markets, identifies critical market factors, and finally analyzes the data to arrive at reliable market price range by skimming - out the dirty market prices.

Our strength has been our experienced, professional and committed team that allows us to accept finance valuation assignments in every possible asset valuation arena

Known for its excellence and precision, DPA has managed to build a prestigious clientele portfolio catalogued with reputed cognomens such as Apollo Hospital, Ambica Empire, Prestige Polygon, Apex Laboratories, MGM Group and RTC Logistics, to name a few. Another stellar example depicting DPA’s prowess is its association with Airport Authority of India (AAI), wherein the firm valued assets of 21 airports & three communication stations located in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Pondicherry and Lakshadweep, along with V.O. Chidambaranar Port Trust (formerly Tuticorin Port Trust), one of the 12 major ports in India.

"Being an ISO 9001:2015 certified company, we adhere to our quality policy – Excel in what we do with team effort and to be true & fair to all stakeholders"

DPA's Linchpin

A distinguished alumnus of IIT Madras and Guindy Engineering College, D. Parthasarathy kick-started his career with ECC Ltd. (L&T Group) and later plunged into construction, wherein he has accomplished multiple projects for CSIR, CCRI, IIT and other public entities. It was his urge to curb the demand for valuation & allied services that made him approach his mentor C.H. Gopinatha Rao, a leading personality in valuation field, in 1984. Since then, he has been proactively involved as a chartered engineer, licensed surveyor and registered valuer for more than three decades.

Parthasarathy has also learned a great deal about the best industrial practices followed by overseas leather industries to curb environmental pollution, during US – AEP Exchange Program. Currently, he is serving as a Vice Chairman for Institution of Valuers, Chennai Branch. Moreover, as an IBBI registered valuer for land & building and plant & machinery, he has been appointed a competent person to issue Structural Soundness Certificate for public buildings by the Collector of Chennai.

Addressing the current Indian valuation industry, Parthasarathy articulates, “India is now positioning as the growth engine of world economy presenting both ample opportunities and challenges to valuation fraternity. The next big thing under the Insolvency and Bankruptcy Code(IBC), 2016 is Individual Insolvency, which is at the cusp of implementation”.

The Road Ahead

With the deep rooted vision and proactive super vision of Parthasarathy, DPA, a long term player in the valuation space, is constantly adopting and evolving to meet the dynamic market demands. The firm envisions delivering better valuation services with special assistance to banks, besides corporate firms. Parthasarathy concludes, “While staying abreast and being compliances-ready with the unfolding scenario facilities, DPA aspires to become a front runner in sensing and serving the valuation market in a sustainable and better manner”.

Key Management:
D. Parthasarathy, Proprietor
D.Parthasarathy is a pioneer in property valuation industry with over three decades of vast business acumen and experiences.

•Silver medal by his excellency Sukhdev Singh Kang, Governor of Kerala on 28th December, 2001

•Gold Shield for completion in record time of Tannery Effluent Treatment Plant, by honble N.K.K.Periyasamy, Minister for Handlooms, Textile & Environment, Government of Tamil Nadu and Hon’ble I. Periyasamy, Minister for Rural Industries & Registrations, Government of Tamil Nadu


•Author of the book -‘How To Curb Frauds On Banks’
•His article -'Hawk's Eye On Land Deals is highly valued by M.J.Krishna (Business Line-The Hindu)
•Written several articles in 'Nanayam Vikatan'
•Received several appreciation letters from banks for detecting fake documents

Office Location:Chennai