Fair Market value of property purchased before 1/04/2001

Pooja Makwana (CA Final Student) (38 Points)

29 October 2021  
one of my client wants to sale a property which was acquired before 1/4/01 & for fair market value he has obtained a valuation report form a valuer. In that report valuer has given various values such as value of flat, realisable value, distress value & government value. So which value should I take for fair value of the property.