Valuation indeed plays a vital role even at the time of seeking loans against property i.e. where property acts either as a primary security or secondary collateral. Intangible property valuation has been made a practice in very business from an accounting perspective to understand business fair valves and to set up Property valuation values. Property valuation helps an organization or an individual know the worth of the property. The fair price of a land, factory, or a building can be estimated through the valuation of a property.