In Bhutan, ongoing development across the country, including upcoming mega-hydro projects, is leading to increased property accumulation and the need for asset expropriation. To manage this effectively, a sound valuation system is essential. In response, and in line with the Land Act of Bhutan 2007, the Property Assessment and Valuation Agency (PAVA) were established in 2008 under the Ministry of Finance to assess and fix land and collateral property values.