STAGE-WISE CONSTRUCTION COMPLETION & COST-TO-COMPLETE SCHEDULE FOR BANKS & INCOME TAX VALUATIONS
For bank valuation / mortgage valuation, it is better to use a stage-wise schedule that separates physical progress, estimated cost incurred, and cost required to complete, rather than assigning an arbitrary percentage merely from visual appearance. Below is a detailed illustrative schedule for a normal RCC framed residential/commercial building. The percentages should be adjusted for


