From the early methods of tape and trundle wheel measurement to cutting-edge automated valuation models, valuation industry has come a long way. With digitization expanding wings and development of AI, machine learning and data aggregation, the sector’s progress is challenging traditional valuation techniques and progressing towards a more efficient valuation model. Increased investment in property technology is further allowing valuers to present reports with more accuracy and efficiency. One such industry panjandrum aiming to provide accurate, reliable and timely information on realty market is Hyderabad-based ANVI Advisors, which stands for A Nex Gen Valuation Intelligence, the first IBBI registered valuation firm offering fair real estate valuation and technical appraisal services.

The brainchild of Srinivas MVDS & Obula Reddy M (Directors), ANVI is redefining real estate valuation practice by applying present-age technological advancements. The firm offers its partners access to valuation reports on-real time basis through its online platform, providing transparency and retrievable data analytics to banks, financial institutions, corporate houses and government agencies.

ANVI towers over its competition through advanced technology driven valuation services, which the inhouse professionals provide with quality, accuracy and affordability. Srinivas asserts, “ANVI is a new age, young and dynamic startup, which focuses on use of advanced technology in an industry where prevailing usage of technology is minimal”. Determined to create awareness among consumers regarding

fraudulent practices prevalent in real estate industry, the company constantly works on creating awareness of best practices through regular training sessions in association with august professional organizations.

ANVI is a new age, young and dynamic startup, which focuses on use of advanced technology in an industry where prevailing usage of technology is minimal

Valuation Intelligence with Technical Expertise

ANVI’s services encompass immovable property valuations and appraisals to strategic advisory and focused market intelligence services. ANVI provides myriad of sub offerings such as retail valuation (residential, commercial, industrial and others assets) and project valuation (construction finance, APFs, and project monitoring services for real estate and infrastructure projects) for mortgage industry. Expertise in portfolio valuation, investment valuation and insurance valuation positions ANVI in the top bracket of notable valuers. Alternatively, for strategic advisory and market intelligence, ANVI offers micro market analysis, Lender’s Independent Engineer(LIE) and project feasibility reports, which helps the customer strengthen their business and invest appropriately.

When asked about the strategy in action, Obula elucidates,"Technical officers take prior appointments with customers, go & inspect the property, and submit their findings (filled in data form) along with property photographs through our mobile app". Further, report makers prepare reports leveraging the information available on ANVI’s online platform and direct it to the respective manager for approval. Each report passes through multiple points and dedupe for accuracy inspection.

Being a tech enabled firm, ANVI highly utilizes advanced digitization techniques that help the company to develop case summary, TAT, RM and FO summary, thus simplifying online record view for its clients. Alongside, ANVI also generates reports in respective bank/NBFC format while also availing expense management tool. Leveraging such technology, the company has managed to solve customer’s request for fair valuations with good TAT.

Since its inception in Feb 2018, ANVI has on-boarded reputed clients such as ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, IIFL, KVB, Indus Ind, Tata Capital, Bajaj, Edelweiss, L&T HFC, Hero Fincorp, Equitas, Aditya Birla and Quikr, amongst others. Targeting expanding its wings in over ten major cities with personnel count of 200 by 2023, ANVI is walking shoulder-to-shoulder with its workforce to achieve the set target in future endeavours. Besides, the company has blueprints ready for establishing roots in Coimbatore, Anantapur, Vijayawada and Visakhapatnam.