NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
The Union government on Thursday cleared the appointment of senior administrator and Bihar- cadre IAS officer Ravi Mittal as chairman of Insolvency and Bankruptcy Board of India. Ravi Mittal, former secretary at the Department of Sports, is likely to take over as the chairman of the Insolvency and Bankruptcy Board of India (IBBI), according to […]
TOP IAS OFFICER RAVI MITTAL APPOINTED AS NEW IBBI CHIEF Read More »
“Easement” is defined. -An easement is a right which the owner or occupier of certain land possesses, as such, for the beneficial enjoyment of that land, to do and continue to do something, or to prevent and continue to prevent something being done, in or upon, or in respect of, certain another land not his
EASEMENT AND ITS CHARACTERISTICS Read More »
To disclose any material defect- The seller is bound to disclose to the buyer any material defect in the property or in the seller’s title thereto of which the seller is and the buyer is not aware, and which the buyer could not with ordinary care discover. A latent defect is a defect, which cannot
DUTIES OF SELLER BEFORE SALE Read More »
Introduction The Act came into force in 1974 and is applicable to the states of Assam, Bihar, Madhya Pradesh, Gujrat, Haryana, Tripura, West Bengal, Jammu and Kashmir, Rajasthan, Kerala, and the union territories. It could also be adopted by any state through a resolution passed declaring to adopt the Act. The Water (Prevention and Control)
WATER (PREVENTION AND CONTROL OF POLLUTION) ACT 1974 SALIENT FEATURES Read More »
ENVIRONMENTAL PROTECTION ACT (1986) This act was promulgated in 1986. It is, therefore, known as the environment (Protection) Act, 1986. Objectives: The Environmental Protection Act, 1986 (EPA) was passed with the following objects: (i) It was enacted to implement the decisions which were made at the United Nation Conference on the Human Environment held at
ENVIRONMENTAL PROTECTION ACT 1986 SALIENT FEATURES Read More »
Duty to defend the insured Duty to gain the insured’s cooperation The insurer’s duty of good faith and fair dealing The duty to settle claims and the effect of failure to settle Privacy Protection Pay Benefits Risk Assessment Reserves for Policy Duty to defend the Insured Moreover, an insurer may owe a duty to defend
DUTIES OF THE INSURER Read More »
FROM Er. B D Gupta Calcutta: CASE: GUJARAT NEW GDCR says that Property near Railway line needs Railway NOC Alike properties near airport needs Airport NOC Subject property is 8 meters from the Railway Line As per GDCR Property falling in 30 meter needs to take NOC and NOC would be issued when any Construction
PLEASE SHARE YOUR EXPERT OPINION Read More »
The term fire insurance refers to a form of property insurance that covers damage and losses caused by fire. Most policies come with some form of fire protection, but homeowners may be able to purchase additional coverage in case their property is lost or damaged because of fire. Purchasing additional fire coverage helps to cover the cost
FIRE INSURANCE ALL YOU NEED TO KNOW Read More »
A property valuer is a real estate professional who helps determine the value of a piece of land or building. A property valuer works with clients who want to refinance their property to reduce their mortgage rates. They typically provide pre-sale advice to land or property owners who want to determine the selling value of
PROPERTY VALUER ROLES AND RESPONSIBILITIES Read More »
To ensure mutual co-operation amongst members by free interchange of opinion and experience. To endeavor to protect the profession of valuation concerning all categories from misrepresentation and misunderstanding. To express an opinion only when it is founded on adequate knowledge and honest conviction if he is serving as a witness before a court or commission.
ETHICS IN VALUATION PROFESSION Read More »
An estimate for any construction work may be defined as the process of calculating the quantities and costs of the various items required in connection with the work. Before the start of any work for its execution, the owner of the builder should have a thorough knowledge of the volume of work. The minutest details can
GENERAL TERMS IN ESTIMATION & COSTING Read More »
Quantity of Bricks:- Assuming:- Brick size = 9”x4.5”x3” •Thickness of wall = 9” •Thickness of mortar = 0.39” •Brick size with mortar= (9+0.39)x(4.5+0.39)x(3+0.39) = 9.39”x4.89”x3.39” • No. of bricks = Volume of Brickwork/ Volume of 1 Brick with mortar Volume of 1 Brick = (9/12)x(4.5/12)x(3/12)= 0.75’x0.375’x0.25’ = 0.070 CFT Volume of 1 Brick with mortar
CALCULATE THE QUANTITY OF BRICK CEMENT & SAND IN WALL Read More »