Court-Appointed Valuation of Fully Tenanted Buildings under the Rent Control Act
6.Court-Appointed Valuation of Fully Tenanted Buildings under the Rent Control Act
We are honoured to have successfully completed the valuation of two fully occupied tenanted buildings located at Byculla, Mumbai, under the directives of the Hon’ble Court, for the purpose of facilitating a public auction. This assignment represents a significant milestone in our consultancy firm’s portfolio, given its legal sensitivity, technical complexity, and the historical nature of the properties involved.
The subject properties are old buildings situated in the prime locality of Byculla, a densely developed and high-demand urban zone in South Mumbai. Both properties are Fully tenanted, with long-standing occupants protected under the Maharashtra Rent Control Act, comprising multiple residential and commercial units, with tenants paying regulated, nominal rents far below market value
The valuation of tenanted buildings under the Rent Control Act at Byculla has become a defining milestone for our firm in the domain of urban property valuation with legal implications. It highlights our capability to balance:
- Legal precision
- Technical valuation expertise
- Urban real estate economics
- And most importantly, judicial trust
We remain committed to supporting judicial processes and public interest projects with the highest standards of integrity, transparency, and professional excellence.