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Institution of Valuers, New Delhi. The Institution of valuer s was started in New Delhi on the 2nd October 1968. It has its head office in New Delhi and many branches spread over in 28 states in India. Institution of Valuers, Bengaluru Branch. In the year 1979, Institution of Valuers, Karnataka Zone was established with sri A. Ramanand as the founder chairman and Sri Vishwanath Rao as the founder Secretary.