Service
Rental, Insurance & Reinstatement Valuation
Fair rent certificates for HRA, leases and disputes; reinstatement cost for insurance and societies
Two smaller but frequent needs: a rental valuation certificate that fixes fair rent for leases, HRA claims to employers, PSU or government tenancies and rent disputes; and a reinstatement (insurance) valuation that fixes the sum insured for a building or housing society so claims are neither under-insured nor over-paid. Both are document-plus-inspection exercises costing ₹10,000–₹20,000.
- Who signs
- A registered valuer or Chartered Engineer; insurers accept Chartered Engineer reinstatement reports, and lessors and employers accept registered-valuer rent certificates.
- Typical fee
- ₹8,000 – ₹15,000. Plus 18% GST. Rent certificates at the lower end; society reinstatement valuations depend on built-up area.
- Turnaround
- 2–5 working days
- Inspection
- Required for reinstatement; recommended for rent.
- Validity
- Annual for insurance; per lease term for rent.
When you need it
- Employer HRA and PSU lease approvals
- Lease renewals and rent revision negotiations
- Standard rent applications under rent control laws
- Society building insurance and reinstatement cost
- Industrial and commercial property insurance
Documents to send
- Title or lease documents
- Approved plan and built-up area statement
- Existing lease or rent receipts
- Insurance policy and previous sum insured (for reinstatement)
- Society bye-laws and member list (for society insurance)
How it works
- Define the need Fair rent for a new lease, rent revision, HRA to employer, or reinstatement cost for insurance.
- Compare valuers Chartered Engineer or registered valuer as required by the recipient.
- Inspection Area, specification, age, condition and comparable rents or construction rates.
- Certificate Fair rent with comparables, or reinstatement cost with construction-rate basis and escalation.
Verify before you commission
Ask for the Section 514 (formerly 34AB) or IBBI registration number and a redacted sample report. Our five-minute verification guide shows where to check.
Frequently asked questions
What is reinstatement value?
The cost to rebuild the structure to the same specification today, excluding land. It is the correct basis for building insurance; market value overstates it because it includes land.
Who issues a fair rent certificate?
A registered valuer or Chartered Engineer, using comparable rents, the property's specification and location. Employers and PSUs accept it for HRA and lease approvals.
Related services
- Bank Loan & Mortgage Valuation: Independent valuation reports for home loans, loan against property, balance transfer and overseas mortgages
- Property Valuation Report & Certificate: Current market value certificates for buying, selling, insurance, investment decisions and records
- Stamp Duty & Registration Valuation: Understand circle rate, ready reckoner, guidance value and jantri before you register, and when a valuer's report changes the outcome
Last reviewed 6 September 2026 by ValuerDekho editorial team. Regulatory references are to the Income-tax Act 2025 and Income-tax Rules 2026 (in force from 1 April 2026) with the former 1961-Act section numbers in brackets. This is general information, not tax or legal advice.