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Belting method of valuation

Belting method of valuation

1) Value of a plot of land has, a great bearing on it’s road frontage. Frontage land, has a greater value than back land

2) So in order to find a more realistic value of land the entire plot is divided into a number of convenient strips by line parallel to the centre line of road

3) Such each strip is known as a belt. The depth of front belt is judicially ascertained on the consideration to what depth of the land does the maximum value extend

4) Then a relationship regarding the value and depth of each belt to the front belt is fixed up. Ascertaining rate per sqm of land for first belt the value of each belt is worked out

5) Multiply the area of each belt by respective related rate per unit area

6) After summing up the value of each belt the value of entire plot of land can be known. This system of valuation is known as Belting Method of Valuation

7) Normally the plot of land is divided into three belts. The depth of second belt is taken as 1.5 times that of front belt at 1.5 times the depth of the second belt or depth remaining after second belt is considered as the depth of third belt

8) Value of front belt is maximum. The second belt is valued at two-thirds rate of first belt and third belt is valued at half rate of first belt

9) Value of recessed land not lying within the perpendiculars drawn on belting lines from the end points is valued at three-fourths value in that particular belt of land

Belting method can be resorted to only for very large plots of say more than 1000 sqm in area and having road at one of the smaller side of plot only

Generally 20 m depth in commercial locality and 30 m depth in residential locality is adopted for the first belt

Compiled by

Avinash Kulkarni

Chartered Engineer
Govt Approved Valuer
Regd Valuer

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