NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Salvage Value Sometimes the property after being discarded at the end of the utility period is sold as it is without being broken into pieces and the amount realized over and above the cost of its removal and sale, is known as the salvage value, For example, sleepers used on a Railway Track may be […]
DIFFERENCE BETWEEN SCRAP VALUE & SALVAGE VALUE Read More »
IMPORTANT TOPICS OF ACCOUNTANCY & BOOKKEEPING BOOKKEEPING & ACCOUNTANCY PART-1 BOOKKEEPING & ACCOUNTANCY PART-2 BOOKKEEPING & ACCOUNTANCY PART-3
IMPORTANT TOPICS OF ACCOUNTANCY & BOOKKEEPING IMPORTANT FOR EXAMINATION POINT OF VIEW Read More »
VALUER SHOULD BE EXTREMELY CAREFUL, DILIGENT & RESPONSIVE SAYS AUTHORITY IBBI In the instant matter, the SBI had made a complaint to CBI on 4th January 2021 requesting it to lodge the complaint and carry out a detailed investigation into the fraudulent activities committed intentionally and knowingly by Shri. Paruchuri Kumar and his family members
VALUER SHOULD BE EXTREMELY CAREFUL, DILIGENT & RESPONSIVE SAYS AUTHORITY IBBI Read More »
CEV APP. ON GOOGLE PLAYSTORE FOR MOCK TEST FOR VALUATION EXAMINATION-FREE DOWNLOAD CEV App IS LIVE ON GOOGLE PLAY STORE IN THE NAME OF CEV ACADEMY. UNIQUE INITIATIVES OF CEV CHARITABLE INSTITUTION FOR EDUCATION SUPPORT FOR 1350 COMPETITIVE EXAMINATIONS & MORE THAN 45000 TESTS ON ONE PLATFORM. INCLUDING MOCK TEST OF VALUATION EXAMINATION INAUGURAL
VARIOUS KINDS OF LEASE: ALL YOU NEED TO KNOW Perpetual lease: A perpetual lease is an ongoing tenure over state land in accordance with the Urban Land (Ceiling & Regulation) Act, 1976. A landholder of a perpetual lease is responsible for complying with the term of the perpetual lease deed failing which the property/land may
VARIOUS KINDS OF LEASE: ALL YOU NEED TO KNOW Read More »
Basic elements of Value – Demand, Utility, Scarcity, and Transferability Following are the 4 essential elements to consider when determining the value of real estate: S.T.U.D. Elements of Determining Real Estate Value Scarcity: Even if a thing has utility, it is not valuable unless it is scarce. Air is certainly useful for breathing but is
Basic elements of Value – Demand, Utility, Scarcity, and Transferability Read More »
BURDEN OF PROOF AS PER INDIAN EVIDENCE ACT 1872 ALL YOU NEED TO KNOW BURDEN OF PROOF As per section 101. The burden of proof. – Whoever desires any Court to give judgment as to any legal right or liability dependent on the existence of facts which he asserts, must prove that those facts exist.
MEANING OF BURDEN OF PROOF AS PER INDIAN EVIDENCE ACT 1872 Read More »
ROOF COLLAPSE IN GURGAON APARTMENT ONE PERSON DIED AND TWO FEARED TRAPPED At Chintel Paradiso society in Gurgaon’s Sector 109 on Thursday, One person died and at least two, including a bureaucrat, were feared trapped after a large chunk of the sixth floor collapsed all the way down to the first floor, Until late night,
ROOF COLLAPSE IN GURGAON APARTMENT Read More »
INFORMATION ON CONTRACTS & JOINT VENTURES USEFUL FOR EXAMINATION PURPOSES COMPILED BY VR VAIBHAV BANSAL CONTRACT A contract defined under Section-2(h) of The Contract Act, 1872(hereinafter referred to as “the act”) means “any agreement which is enforceable by law”. Contracts can be written by using formal or informal terms or could be entirely verbal or
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 »
Difference Between Pledge, Hypothecation, Mortgage, and Assignment These terms are used for creating a charge on the assets which is given by the borrower to the lender as a security for any loan. Thus, one of these terms will be normally used whenever an individual or a business firm avails any loan and the bank
Difference Between Pledge Hypothecation Mortgage & Assignment-All You Need to Understand Read More »