NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
PROCEDURE FOR REGISTERING A VALUER ENTITY WITH INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI) GENERAL Who is a valuer entity? Ans. A Valuer Entity is a registered Partnership firm, Limited Liability Partnership or Company, who does the work of valuation. Who is a registered valuer entity? Ans. A registered valuer entity (RV-E) means a registered […]
MUMBAI: Observing that it is the responsibility of a housing society to protect the interests of all its members and not be selective about whom to support, a district consumer commission has ordered a housing society in Borivli to pay a compensation of Rs 1.2 lakh to a flat owner after it took only “half
Housing society ordered to pay flat owner Rs 1.2 lakh over failure to fix leakage Read More »
APARTMENT TERRACE COMMON FOR RESIDENTS: CHENNAI COURT ‘Promoter Cannot Use It Commercially’ CEV TECHNO NEWS- (CHENNAI): The terrace portion of an apartment complex is an area common to all its residents and the promoter cannot use it for commercial purposes, a city court has said. The VI additional city civil judge S Muruganatham has also
APARTMENT TERRACE COMMON FOR RESIDENTS: CHENNAI COURT Read More »
File Photo ISTANBUL: Hatice Erdal has been given a week to vacate her rental house which is due to be knocked down. The cleaner and her husband both earn minimum wage and even with their combined salaries, they cannot find anything within their budget in Istanbul’s exorbitant housing market. “I found a house, it was
Home prices, rents skyrocket in Turkey amid economic turmoil Read More »
What Is the Capitalization Rate? The capitalization rate (also known as cap rate) is used in the world of commercial real estate to indicate the rate of return that is expected to be generated on a real estate investment property. This measure is computed based on the net income which the property is expected to generate and is calculated by dividing net
WHAT IS THE CAPITALIZATION (CAP) RATE? ALL THAT A VALUER NEED TO KNOW. Read More »
MONTREAL: An ambitious project that aims to improve the health of the Ganges, India’s holy river, is among 10 “ground-breaking” efforts recognised from around the globe by the United Nations for their role in restoring the natural world. According to a report unveiled during the UN Biodiversity Conference (COP15) on Tuesday, climate change, population growth,
UN recognises Ganges project among 10 initiatives restoring natural world Read More »
MUMBAI: India’s market regulator is planning to allow “micro” real estate investment trusts (REITs), according to a senior official, to bring a wider set of property companies to the nascent market as India emerges from a pandemic-induced lull. The Securities and Exchange Board of India (SEBI) is considering reducing the size of REITs, allowing them
EMPANELMENT IN RESERVE BANK OF INDIA PROVIDING COMPREHENSIVE CONSULTANCY SERVICES FOR PREPARATION OF CONCEPT PLAN, ARCHITECTURAL DRAWINGS, ALL REQUIRED LOCAL BODY APPROVALS, STRUCTURAL DESIGN, CIVIL, ELECTRICAL AND MECHANICAL ENGINEERING SERVICES DESIGN/DRAWING, LANDSCAPE DESIGN INCLUDING PREPARATION OF DETAILED ESTIMATE (CIVIL, ELECTRICAL & HORTICULTURE), DIGITAL SURVEY AND SOIL INVESTIGATION FOR “C/O RESIDENTIAL QRTS. FOR RESERVE BANK OF
EMPANELMENT IN RESERVE BANK OF INDIA Read More »
The Haryana Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of ₹2.50 crore on a real estate developer for violating norms by selling plots without the registration of the project. The authority has asked the promoter of the project, Brahma City Private Limited, to deposit the penalty within one month from the date
Haryana RERA imposes ₹2.5 cr penalty Read More »
STUDENTS WITH 4-YEAR GRADUATE DEGREES CAN DIRECTLY PURSUE PHD, AS ANNOUNCED BY UGC UGC chairman Jagadesh Kumar on Wednesday stated that, students with four-year undergraduate degree can directly pursue Ph.D programmes. He further added that universities can decide whether to offer a three-year Honours degree or a four-year undergraduate programme. 3-year undergraduate courses won’t be
STUDENTS WITH 4-YEAR GRADUATE DEGREES CAN DIRECTLY PURSUE PHD AS ANNOUNCED BY UGC Read More »
HOUSE PANEL WANTS REVIEW OF DEAL VALUATIONS ANNUALLY MULTIPLE CHANGES SOUGHT IN COMPETITION (AMENDMENT) BILL 2022 The Parliamentary Standing Committee on Finance has called for a series of clarifications changes in the proposed Competition (Amendment) 2022. From specifying the method of calculating deal value of transactions and allowing cartels to access settlement mechanisms as a
HOUSE PANEL WANTS REVIEW OF DEAL VALUATIONS ANNUALLY Read More »
HOW SENIOR CITIZENS CAN TAKE BACK PROPERTY GIVEN VIA GIFT DEED ALL VALUERS SHOULD BE CAUTIOUS BEFORE VALUING SUCH PROPERTIES REGISTERED ON GIFT DEEDS We often hear or read in newspapers that children have neglected their senior citizen parents. Many elderly parents are sent to live in old-age homes because the children don’t want to take the responsibility