GUIDE TO REAL ESTATE VALUATION: FOR IBBI EXAMINATION ASPIRANTS
Real Estate Valuation Simplified for IBBI Exam Aspirants
In an effort to equip aspiring valuers with the necessary knowledge to excel in the IBBI (Insolvency and Bankruptcy Board of India) Valuation Examination, the Council of Engineers and Valuers (CEV IAF RVO) has launched an insightful and comprehensive video titled Mastering Real Estate Valuation: A Step-by-Step Guide for Beginners & IBBI Valuation Examination. This valuable resource is designed to help candidates understand the intricate details of real estate valuation, with a clear focus on exam preparation.
Real estate valuation is a complex process that requires a deep understanding of various principles, and this video is structured to address these complexities in an accessible way. The session dives into essential topics like the difference between cost, price, and value—three critical factors that influence real estate decisions. Candidates will also learn about the various types of value, including market value, intrinsic value, and others that play an essential role in property assessments.
The video also provides clarity on fundamental valuation elements such as marketability, utility, scarcity, and transferability, giving viewers the foundation they need to evaluate properties accurately. Additionally, it examines the factors affecting value, including physical, economic, legal, and social influences, which play a vital role in determining property worth.
Notably, the guide highlights the concept of Highest and Best Use, a core principle for evaluating a property’s optimal utilization to maximize its value. Viewers are also introduced to valuation techniques such as capitalization, years purchase, and reversionary value, equipping them with a thorough understanding of the practical tools used by professionals.
For those preparing for the IBBI Valuation Examination, this video serves as a valuable resource to sharpen their skills and approach valuation tasks with confidence. With its focus on real estate market dynamics, green building practices, and the impact of urban infrastructure, this video is an essential tool for all prospective valuers.
