NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Independent engineer services for 6-lane access controlled greenfield highways in National Highway Authority Of India LAST DATE 16/03/2022
CASE STUDY The Central Bureau of Investigation (CBI) has registered an FIR against ABG Shipyard Ltd and its directors, including chairman and managing director Rishi Kamlesh Agarwal, in what could be the biggest bank fraud case in the history of India. One of the most prominent private sector shipping firms, the firm was booked for
BIGGEST BANK FRAUD CASE BY ABG SHIPYARD; A CASE STUDY Read More »
MEANING AND DIFFERENCE BETWEEN EXCESS LAND AND SURPLUS LAND Excess land is land that is not needed to serve or support the existing improvement. Thus, the highest and best use of excess land may or may not be the same as the improved parcel. Excess land is valued separately and may have the potential to
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Correlation: Correlation is described as the analysis that informs users about the association or the absence of any relationship between any two variables ‘x’ and ‘y.’ The word correlation combines ‘Co’ (together) and relation (interaction/connection) in context to any two quantities. Correlation between two given variables exists when a unit change in any one variable gains a retaliation (in
CORRELATION AND REGRESSION Read More »
REPRODUCTION COST The amount required to reproduce a duplicate of the entire property. This is very similar to replacement cost. However, where replacement cost considers utility and function, reproduction cost considers like kind and materials. The goal would be to replace the structure as an exact replica of the original. Reproduction cost is the cost
DIFFERENCE BETWEEN REPRODUCTION RECONSTRUCTION REPLACEMENT & REINSTATEMENT Read More »
TYPES OF OBSOLESCENCE AFFECTING REAL ESTATE Obsolescence is defined as the state of being which occurs when an object, service, or practice is no longer wanted even though it may still be in good working order. Owners have varying levels of control over the degree to which their properties are affected by the concept of
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SEVEN PERSONS INCLUDING PANEL VALUER & THREE BANK OFFICIALS GOT THREE YEARS OF RIGOROUS IMPRISONMENT FOR CAUSING A LOSS OF RS. 2.06 CRORE TO THE BANK. In a press release, the CBI said five others, who were sentenced to three years RI, were the proprietor of Spectrum Mercantiles Veli Srinivas, PNB Panel Valuer M. Abdul
IMPRISONMENT TO VALUER & OTHERS CAUSING LOSS TO BANK Read More »
APPOINTMENT OF CONSULTANT FOR ACTUARIAL VALUATION OF PENSION CUM GRATUITY FUND OF THE EMPLOYEES PROVIDENT FUND ORGANISATION Appointment of Consultant for Actuarial Valuation of Pension_cum_Gratuity Fund of the Employees Provident Fund Organization Last date for submission of RFP: 01/03/2022 FOR COMPLETE DETAILS & UPDATES VISIT THE BANK’S OFFICIAL WEBSITE. READ FULL DETAILS
Appointment of Professional Consultant for due diligence and Valuation of Two Hydro Projects Namely Demwe HEP (1750 MW) and Kalai-II HEP (1200 MW) in Lohit Basin of Arunachal Pradesh.” LAST DATE-21/02/2022 Notes : 1. Bids are invited through e-tendering by uploading and submitting the same on CPP (Central Public Procurement) e-procurement Portal website – http://eprocure.gov.in/eprocure/app.
Appointment of Valuation Professionals of Two Hydro Projects Read More »
FEE STRUCTURE FOR VALUATION SERVICES FOR BANK OF INDIA THE MAXIMUM FEE CAP IS RS. 5.00 LAKHS The Bank of India revised the fee structure from FY-2021-22 onwards. the same is being reflected from the following empanelment letter shared by one of our active members which is shared for the benefit of the whole ecosystem
National Highways Authority of India Project Implementation Unit, Palampur Notice Inviting Tender (e-Procurement Mode) 1. The National Highways Authority of India (NHAI) hereby invites bids for the work “Survey and Valuation of affected structures, within Proposed ROW of Four laning roads from Padhar to Mandi from (Km. 180/00 to Km. 208/00) of NH-20 (New NH154)
National Highways Authority of India invites bids for Survey and Valuation Read More »
WHAT IS MEANT BY BAD BANK Compiled by:- Avinash Kulkarni Chartered Engineer, Govt Regd Valuer, IBBI Regd Valuer A Bad Bank is a corporate entity that alienates illiquid and risky assets held by banks and financial institutions or a group of bank It is created to help banks clear their balance sheets by transferring their bad
WHAT IS MEANT BY BAD BANK – ALL VALUERS NEED TO KNOW Read More »