Average Real Estate Valuer Salary in India for 2024

In this article, we will look at the average Real Estate Valuer salary for 2024 in India and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol โ‚น.

How Much Does a Real Estate Valuer Make in India?

A Real Estate Valuer working in India will typically earn around 341,400 INR per year, and this can range from the lowest average salary of about 181,600 INR to the highest average salary of 518,900 INR.

Average Annual Salary
341,400 INR
Average Monthly Salary
28,450 INR

Lowest Annual Salary
181,600 INR
Lowest Monthly Salary
15,133 INR

Highest Annual Salary
518,900 INR
Highest Monthly Salary
43,241 INR

These are average salaries for a Real Estate Valuer in India and include benefits such as housing and transport. It's also possible for a Real Estate Valuer to earn more or less than the average salaries shown above.

Real Estate Valuer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Valuer Salaries in India

So we've looked at the average salaries a Real Estate Valuer will earn in India. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Valuer can earn between 181,600 INR and 518,900 INR on average in India. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Valuer in India is 320,500 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 320,500 INR, and 50% of the population earn more than 320,500 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Valuer salary in India, 25% of the population are earning less than 228,500 INR while 75% of the population earn more than 228,500 INR.

75% of the population earn less than 394,500 INR, and 25% of the population earn more than 394,500 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Valuer Salary by Experience Level in India

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate valuer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Valuer in India that has less than two years of experience can expect to earn somewhere in the region of 208,600 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Valuer salary would increase to 254,800 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Valuer, the average salary would be 361,500 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 424,300 INR.
  • 15 - 20 Years Experience. A Real Estate Valuer with 15 to 20 years of experience can earn an average of 464,900 INR.
  • 20+ Years Experience. For a Real Estate Valuer with more than 20 years, the expected average salary increases to 493,000 INR.

Average Salary by Experience Chart

0-2 Years
208,600 INR
2-5 Years +23%
254,800 INR
5-10 Years +42%
361,500 INR
10-15 Years +17%
424,300 INR
15-20 Years +10%
464,900 INR
20+ Years +6%
493,000 INR

Real Estate Valuer Salary by Education Level in India

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Valuer in India based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Valuer in India with a high school education can earn an average salary of 254,800 INR.

  • Certificate or Diploma. A Real Estate Valuer in India with a certificate or diploma education can earn an average salary of 357,700 INR.

  • Bachelor's Degree. A Real Estate Valuer in India with a bachelor's degree education can earn an average salary of 504,500 INR.

Average Salary by Education Chart

High School
254,800 INR
Certificate or Diploma +40%
357,700 INR
Bachelor's Degree +42%
504,500 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Valuer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In India, a male real estate valuer will earn an average of 361,600 INR, while a female real estate valuer will earn around 314,500 INR.

This means that a male real estate valuer earns approximately 15% more than a female real estate valuer for performing the same job.

Average Salary by Gender Chart in India

Male
361,600 INR
Female -15%
314,500 INR

Real Estate Valuer Average Pay Raise in India

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Valuer in India is around 11% every 16 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 16 ) × 12  = 8%

What this means is that a Real Estate Valuer in India can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in India for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Real Estate Valuer Bonus and Incentive Rates in India

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Valuer is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
52%
No Bonus
48%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector
392,300 INR
Private Sector -6%
371,100 INR

Salaries for Jobs Similar to a Real Estate Valuer

In the table below, we have salary information for jobs that are similar to a Real Estate Valuer in India.

Job Title Category Salary
Acquisition Associate Real Estate 309,800 INR
Assistant Leasing Manager Real Estate 407,300 INR
Assistant Property Manager Real Estate 419,400 INR
Brokerage Real Estate 314,500 INR
Brokerage Clerk Real Estate 164,200 INR
Commercial Leasing Manager Real Estate 648,200 INR
Commercial Real Estate Manager Real Estate 684,900 INR
Community Development Manager Real Estate 597,800 INR
Compliance Specialist Real Estate 309,800 INR
Development Coordinator Real Estate 309,800 INR
Director of Real Estate Real Estate 714,600 INR
Lease Administrator Real Estate 397,900 INR
Leasing Agent Real Estate 332,500 INR
Leasing Consultant Real Estate 384,500 INR
Leasing Manager Real Estate 447,300 INR
Lettings Assistant Real Estate 159,400 INR
Portfolio Analyst Real Estate 539,700 INR
Portfolio Manager Real Estate 743,300 INR
Property Acquisition Agent Real Estate 283,700 INR
Property and Claims Specialist Real Estate 388,100 INR
Property Manager Real Estate 475,700 INR
Property Operations Manager Real Estate 663,100 INR
Property Tax Assistant Real Estate 318,800 INR
Real Estate Administrator Real Estate 353,600 INR
Real Estate Agent Real Estate 332,500 INR
Real Estate Analyst Real Estate 420,800 INR
Real Estate Appraiser Real Estate 341,400 INR
Real Estate Assistant Real Estate 309,800 INR
Real Estate Association Manager Real Estate 437,300 INR
Real Estate Broker Real Estate 314,500 INR
Real Estate General Manager Real Estate 656,800 INR
Real Estate Project Director Real Estate 628,000 INR
Real Estate Project Manager Real Estate 568,500 INR
Real Estate Sales Agent Real Estate 332,500 INR
Research Analyst Real Estate 296,000 INR
Residential Advisor Real Estate 384,500 INR
Residential Property Manager Real Estate 454,900 INR
Shopping Center Manager Real Estate 684,900 INR
Town Planner Real Estate 670,600 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
agra 314,500 INR
Ahmadabad 369,900 INR
Bangalore 375,200 INR
Bhopal 327,300 INR
Chennai 378,300 INR
Coimbatore 339,100 INR
Delhi 378,800 INR
Ghaziabad 335,800 INR
Hyderabad 375,200 INR
Indore 363,000 INR
Jaipur 366,200 INR
Kanpur 345,700 INR
Kolkata 377,200 INR
Lucknow 351,200 INR
Ludhiana 339,100 INR
Madurai 315,900 INR
Mumbai 407,300 INR
Nagpur 367,200 INR
Patna 322,600 INR
Pimpri-Chinchwad 332,500 INR
Pune 381,800 INR
Surat 361,500 INR
Vadodara 313,700 INR
Visakhapatnam 327,300 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

City Average Salary
Andaman & Nicobar Islands 292,000 INR
Andhra Pradesh 378,300 INR
Arunachal Pradesh 319,600 INR
Assam 367,200 INR
Bihar 415,900 INR
Chandigarh 311,700 INR
Chhatisgarh 369,900 INR
Dadra & Nagar Haveli 308,300 INR
Daman & Diu 301,700 INR
Delhi 366,200 INR
Goa 335,100 INR
Gujarat 369,900 INR
Haryana 341,400 INR
Himachal Pradesh 330,700 INR
Jammu & Kashmir 340,400 INR
Jharkhand 369,900 INR
Karnataka 385,300 INR
Kerala 371,100 INR
Lakshadweep 292,000 INR
Madhya Pradesh 404,600 INR
Maharashtra 417,200 INR
Manipur 341,400 INR
Meghalaya 340,400 INR
Mizoram 325,800 INR
Nagaland 340,400 INR
Orissa 399,900 INR
Pondicherry 301,600 INR
Punjab 353,600 INR
Rajasthan 386,400 INR
Sikkim 297,000 INR
Tamil Nadu 388,100 INR
Tripura 335,100 INR
Uttar Pradesh 421,400 INR
Uttaranchal 345,100 INR
West Bengal 412,000 INR

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