IBBI Land & Building case studies
IBBI Land & Building · Put your knowledge to work in context.
The IBBI Land & Building examination is one of the valuation examinations published by the Insolvency and Bankruptcy Board of India (IBBI) for registered valuers. The IBBI website lists a Valuation Examination section alongside the Limited Insolvency Examination, and a notice dated 20 May 2026 states that IBBI publishes the syllabus, format, frequency and other details of Valuation Examinations. The IBBI Land & Building case studies are 5 cases and about 4,752 words.
1A resolution professional who already knows the answer: conflict, retrospective date and unauthorised construction
A registered valuer in land and building receives an engagement letter from the resolution professional (RP) of a steel fabrication company under CIRP. The covering email reads: 'Our earlier valuer reported ₹47 crore; we need at least ₹60 crore to make the resolution plan workable, so please re-examine.' The asset is a 12,000 sq m industrial plot at Vatva, Ahmedabad, with 4,100 sq m of sheds built between 1996 and 2001, a 620 sq m mezzanine floor added in 2019 without municipal sanction, and a portion let out since 2022 under a registered five-year leave and licence at ₹4.2 lakh per month against a market rent of ₹6.8 lakh per month.
972 words, about 5 min2Cost approach, functional obsolescence and a highest and best use test that fails
A 1978 four-storey office building on a 1,200 sq m plot in Bengaluru's Richmond Road area has 2,700 sq m of built-up area, of which 2,400 sq m is usable. It has no lift, a single staircase and 2.1 m floor-to-ceiling height.
1,019 words, about 5 min3Leasehold security that the credit note wants to call freehold
A bank's credit team is considering a ₹3.5 crore term loan against a first charge on a 320 sq m office floor in a suburban Mumbai building. The borrower holds the floor under a 30-year registered lease dated 1 April 2010 from the landowner.
729 words, about 4 min4Residual land value against quoted comparables and the ready reckoner
A landowner is offering 16,000 sq m of contiguous land at Shamirpet on the outskirts of Hyderabad. Zoning is residential and the permissible FAR is 2.0, with no paid FSI available.
974 words, about 5 min5Reviewing a deficient mortgage valuation report
A bank's credit team asks your firm to review another registered valuer's report submitted for a mortgage of a 640 sq m office unit on the third floor of a building in Jaipur. The report states 'fair market value: approximately ₹12.50 crore (negotiable)'.
1,058 words, about 5 min