Intarch Services was born ! In May 1991, a new company was launched with the name of "Intarch Services Pvt. Ltd" with a mandate to exclusively provide high quality valuation and appraisal services.
Gitanjali Mehta, FCA, one of the promoter Directors, joined the company full time in 1995. She introduced professional systems and industry best practices in the company.
The Real Estate Market and the lending scenario in India had just started to be transformed from an unstructured and adhoc market into a systems based market where 'Speculators' started to give way to the 'Actual Users'. Intarch Services Pvt. Ltd. worked closely with the mortgage team at Citibank NA (India) to develop the valuation systems and protocols for the mortgage industry. These systems remain industry standards even today.
In 1997, India saw its first Real Estate Market Collapse, however, due to sound valuations of real estate assets, made by Intarch Services, the interests of client Banks and Financial Institutions were protected.
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