RICS and IOS Sign MOU to Advance Valuation Education and Regulation in India

Kolkata :RICS, a global professional body that promotes the highest standards in Valuation, is delighted to announce the signing of a Memorandum of Understanding (MOU) with the Institution of Surveyors (IOS). The MOU is part of RICS’ commitment to supporting Valuation professionals in India.
The agreement between RICS and IOS will create more opportunities for professionals by providing them access to world-class training, qualifications, and standards. The collaboration will support the education and regulation of Valuation professionals in India, ensuring the highest professional standards and providing trust and confidence to clients when engaging Valuers in India.
To mark the signing of the MOU, RICS and IOS held a launch event in Kolkata featuring a panel discussion on the importance of education and regulation of the Valuation profession in India. The speakers, drawn from both RICS and IOS, provided insights into the role of the professions in supporting the economy and the need for quality standards in Valuation.
Speaking on occasion, Mr. Ashwani Awasthi, Managing Director – South Asia, RICS said, “The signing of the MOU between RICS and IOS marks a significant milestone in RICS’ mission to support quality and excellence in Valuation. We are committed to protecting and promoting Valuation professionalism in India and deepening our collaborative relationship with the Institution of Surveyors.”
Suvasis Paul, Vice President, IOS – “I am delighted that we have finally come to this day. We had worked jointly for last one year to materialise this. This is historic as this MOU is between Institution of Surveyors(I) the oldest national professional institution and Royal Institution of Chartered Surveyors (RICS) the oldest international professional institution on Surveying and Valuation. This MOU commits us to work together closely towards our common goal of development of valuation profession, educational developments, setting up the standards, professional ethics, spread awareness among the stakeholders, strong pursue for professional regulations & deployment of qualified professionals.”
The MoU is a significant milestone in RICS’ commitment to supporting and growing the Valuation profession and ensuring that trained, professional Valuers are available for the Indian economy. The agreement between RICS and IOS will help ensure the highest professional standards, providing the trust and confidence that clients need when engaging Valuers in India. In future, RICS will continue its commitment to quality and excellence in valuation with IOS.