NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 11.08.2023 RTI DRAFT TO GET LAND RATES FROM SUB REGISTRARS OFFICE? Question : To obtain the guideline rate authentically for the purpose of ascertaining capital gains, you have been advising to apply through RTI to the concerned registrar’s office and get […]
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 10.08.2023 COST INFLATION INDEX OF FY-2022-2023? Question : In the notification dt. 14.06.2022, the CBDT has announced the following : S.no. Financial year Cost Inflation Index 22
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IMPORTANT MCQs WITH ANSWERS RELATED TO THUMB RULE IN CIVIL ENGINEERING 1. What is the thumb rule for calculating the depth of foundation for a single-story residential building? a) 1 meter b) 2 meters c) 3 meters d) 4 meters Answer: a) 1 meter 2. What is the thumb rule for estimating the concrete quantity
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10 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO LAND & BUILDING VALUATION EXAMINATION FOR PRACTICE Here are 10 questions for you: Question 1: What is the primary goal of land and building valuation? a) Determining property taxes b) Assessing construction quality c) Estimating market value d) Identifying zoning regulations Answer: c) Estimating market
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 05.08.2023 WHAT ARE BUNDLE OF RIGHTS FOR A PROPERTY? Question : What are the bundles of rights? Opinion : The term “bundle of rights” describes the set of legal rights associated with ownership of real property. The “bundle” is made up
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 04.08.2023 HOW TO VALUE A LEASE HOLD PROPERTY WITHOUT A VALID REGISTRATION OF LEASE DEED? Question : A leasehold property without registration is considered as freehold land. For live and licence agreement, licence is not required for registration. If it is
HOW TO VALUE A LEASE HOLD PROPERTY WITHOUT A VALID REGISTRATION OF LEASE DEED? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 03.08.2023 DIFFERENCE BETWEEN DEPRECIATED REPLACEMENT COST & WRITTEN DOWN VALUE? Question : I am quite often confused with the words Depreciated Replacement Cost and Written Down Value. Can you explain with the help of an illustration? My opinion : Depreciated Replacement
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 02.08.2023 HOW TO CALCULATE YEAR OF CONSTRUCTION FOR SEMI FINISHED BUILDINGS? Question : Residential building – RCC framed structure and brick work complete, left with semi-finished in year 2008, building completed – Year 2022. What is age of building adopted? My
HOW TO CALCULATE YEAR OF CONSTRUCTION FOR SEMI FINISHED BUILDINGS? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 01.08.2023 CAN MIXED USE BUILDING BE VALUED USING COMPOSITE RATE METHOD? Question : A building consists of ground plus two upper floors each of 475 sq.ft. Ground floor is of hall type and it is to be rented. The upper floors
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 30.07.2023 HOW TO VALUE A DIMOLISHED STRUCTURE FOR CAPITAL GAIN PURPOSES? Question : I got an valuation assignment for capital gain purpose. FMV has to be certified as on 2001. In this case, the structure is currently demolished at site and
HOW TO VALUE A DIMOLISHED STRUCTURE FOR CAPITAL GAIN PURPOSES? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 28.07.2023 WHETHER CONSTANT PERCENTAGE METHOD IS OTHERWISE CALLED AS LINEAR METHOD? Question : Whether constant percentage method is otherwise called as linear method? Opinion : (by Mr. R.K. Gandhi) No. Linear method is same as straight line method of depreciation where
WHETHER CONSTANT PERCENTAGE METHOD IS OTHERWISE CALLED AS LINEAR METHOD? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 26.07.2023 HOW TO VALUE A FLAT FOR SELLING PURPOSES Question : It is a flat of 1,000 sq.ft. which is 50 years old. The UDS of land is 300 sq.ft. How to estimate the value for the purpose of selling? My
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