Property Valuation organizations tend to get stuck up while evaluating large land parcels in difficult sites such as remote areas, rough terrains and Naxal areas. That is why a financial institution approached VGK Trueman Consultancy when they needed to value a large piece of land in a remote location with irregular contours. Utilizing Satellite Mapping method for demarcation of land, VGK detected that two of the large warehouses are not within the ownership land and the construction was on forest land adjacent to the ownership land. This accurate calculation saved the client from taking a major misstep, as the value for these godowns was not taken into consideration. Besides being the first Indian company to utilize satellite mapping (fastest & cheapest way to assess the exact physical location) to demarcate land, VGK also stands apart from its competition as a super-specialist by leveraging its 21 years of experience in almost every area in this field to offer precise Tangible & Intangible asset valuations PAN India & abroad pursuing international standards.

With offices in Mumbai, Chennai, Hyderabad, Pune, Nasik & Aurangabad, the company is engaged in

Chartered Engineering Services, Technical Consultancy for techno-economic viability reports, acting as Lender’s independent engineers, Arbitrators, Enforcement agents, E-tendering services and Competent person under Factories Act and Explosive Act. VGK’s expertise lies in valuing large assets and industrial properties in fields of engineering, chemical, textile, pharmaceutical, hospitality, real estate & infrastructure and also excels in valuing ports, power plants, wind farms, oils rigs & sugar factories. Furthermore, it provides services to financial institutions for funding & recovery of bad debts under SARFAESI ACT 2002, DRT courts, NCLT (Insolvency & Bankruptcy act 2016) and asset reconstruction companies. VGK has also carried out valuations as a part of investigation on behalf of the lenders.

VGK’s expertise lies in valuing large assets and industrial properties in fields of engineering, chemical, textile, pharmaceutical, hospitality, real estate & infrastructure and also excels in valuing ports, power plants, wind farms, oils rigs & sugar factories

Since in NPA cases demand faster realization of the assets, the company is sensitive to actual commercial transactions taking place. Maintaining a large database of current transaction, trends, changes in government policies,

development in the surrounding areas. VGK has precisely estimated salvage values of equipments, furniture & fixture to be realized after 5, 10 & 20 years at the end of the lease period of the premises. Due-Diligence being a forte, many of the intricate issues in balance sheets, legal documents, statutory compliances and the effects of it on valuation are taken into consideration. No wonder, the company has worked with almost all top financial institutions like SBI & Union bank of India, MNCs like Ernst & Young, Dun & Bradstreet, Accenture, Tata Group, and Dabur India, asset reconstruction companies, Co-op. Banks like SVC, Saraswat and NKGSB as well as DRT courts and official liquidators.

Steadily growing in an industry where a single mistake can throw one out of the business, the company maintains a strict professional ethics and gives importance to employee satisfaction, transparency and integrity to assure a healthy work environment. “We’ve valued assets in Naxal areas with bravery. In fact, there was an incidence of shoot out just after the passage of our Valuation team. The worst of the experiences are faced at Ahmedabad and Raipur, where our life was threatened,” recalls Girish B Pawar, Founder Chairman, VGK Trueman Consultancy Pvt Ltd,.A Diploma holder in International arbitration M1, CIarb-UK, Girish has recently established partnership in Doha, Qatar for valuation & arbitration services and is in the process of getting approval as Property Appraiser in U.S. and Canada. He is also a panelist on The Mediation and Conciliation Network, N.Delhi.as Arbitrator, Mediator and Negotiator.