Vision

The organization aims to be the foremost authority in providing comprehensive valuation, appraisal, and consultancy services for real estate across Mauritius and its outer islands. It endeavors to set the benchmark for excellence in this field, ensuring accuracy, reliability, and impartiality in all its assessments and advisory roles.

Mission

The mission of the organization is centered around delivering independent, impartial, and objective valuation advice to the government. This includes addressing critical matters related to:

  • Property Taxation: Providing accurate valuations that serve as a basis for fair and equitable property taxation policies. By assessing properties fairly, the organization contributes to the effective implementation of tax policies that support economic stability and fiscal responsibility.
  • Compensation and Compulsory Acquisition: Offering expert advice on property valuation in cases where the government requires land for public projects through compulsory acquisition. Ensuring that property owners receive fair compensation based on market value assessments, the organization plays a crucial role in upholding property rights and facilitating infrastructure development.
  • Rent Payable and Receivable: Advising on rental valuations for properties leased by or to the government. This includes determining fair market rents that align with prevailing economic conditions, ensuring transparency and accountability in financial transactions involving public assets.
  •  Policy Formulation: Contributing valuable insights and data-driven recommendations to inform policy formulation related to real estate. By providing accurate valuation data and analysis, the organization supports the development of policies that promote sustainable development, urban planning, and economic growth.

In fulfilling its mission, the organization upholds principles of integrity, professionalism, and ethical conduct. It operates with transparency and accountability, ensuring that its valuation assessments are based on thorough research, industry best practices, and compliance with regulatory standards.

By serving as the trusted advisor to the government on real estate valuation matters, the organization aims to foster public trust, promote economic stability, and contribute to the overall development of Mauritius and its outer islands. Through its expertise and commitment to excellence, it seeks to positively impact decision-making processes that shape the nation’s real estate landscape for the benefit of all stakeholders.