selling a property in India - propert valuation (fair market value) as of 1981?

[todo]

While computing capital gain, I need to know the fair market value as of 1981. How do I come up with that? Do I need to hire a property valuer? If yes, what are the charges?

Also, there is a lot of maintenance and improvement work done on the property. How do I demonstrate that while filing tax? Is there a column for that? Do I need a receipt (which may be hard to trace since it was done a while ago.)?

[anuj106]

Dear Todo,

Yes, you shall need to hire a property valuer to do the job. Charges are normally not very high.

You can prove the maintenance and improvement work done through Bills and receipts or through the payments made from your bank account.

Anuj
+91-9810106211
femaquery at gmail dot com

[todo]

Dear Todo,

Yes, you shall need to hire a property valuer to do the job. Charges are normally not very high.

You can prove the maintenance and improvement work done through Bills and receipts or through the payments made from your bank account.

Anuj
+91-9810106211
femaquery at gmail dot com

How to hire such valuer from abroad? Is there a service an NRI can use?

[anuj106]

We can help you in getting valuation from a valuer.

Kindly specify the city in which your property is situated for which you need the valuation.

You can get in touch with me.

Anuj
femaquery at gmail dot com