NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
NECESSITY OF ROAD DRAINAGE WORK CROSS DRAINAGE WORKS Road drainage refers to the system of channels, gutters, pipes, and other structures that are designed to manage the flow of water on and around the road. The primary purpose of road drainage is to prevent water from accumulating on the surface of the road, which can […]
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CONCEPT OF UNEARNED INCREASED IN VALUES The concept of Unearned Increment in Values (UIV) refers to the increase in the value of a property or asset that is not a result of any effort or investment made by the owner of the property. It is also known as “unearned income,” “unearned value,” or “unearned wealth.”
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ANNUAL SINKING FUND WORKING An annual sinking fund is a financial strategy used by businesses or organizations to set aside a certain amount of money each year to pay off a debt or to fund a future expense, such as the replacement of equipment or facilities. The working of an annual sinking fund involves the
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REAL ESTATE MARKET AND ITS CHARACTERISTICS The real estate market refers to the buying, selling, and renting of properties, including residential, commercial, and industrial buildings, as well as land. The real estate market can be influenced by a variety of factors, including economic conditions, population growth, interest rates, and government policies. Some of the characteristics
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URBAN INFRASTRUCTURE AND ITS INFLUENCE ON VALUE OF REAL ESTATE Urban infrastructure refers to the physical and organizational structures, facilities, and systems that support the functioning of cities and urban areas. This includes transportation systems, such as roads, highways, railways, and public transit; utilities, such as water supply, sewer systems, and electricity grids; public amenities,
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IMPORTANT CONCEPTS OF THE INDIAN EVIDENCE ACT, 1872 Evidence is any information, whether oral, written, or in the form of objects or things, which tends to prove or disprove a fact that is relevant to a case being tried in a court of law. Evidence is used to establish the existence or non-existence of a
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SARFAESI ACT AND ITS FEATURES The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act is an Indian law passed in 2002 to facilitate the recovery of bad loans by banks and other financial institutions. Under this Act, banks and financial institutions are empowered to take possession of and sell the
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ASSET RECONSTRUCTION Asset reconstruction refers to the process of acquiring and restructuring distressed assets, typically non-performing loans (NPLs), with the aim of recovering the value of those assets. When a borrower fails to repay a loan, the loan becomes a non-performing asset (NPA) for the lender. These NPAs can negatively impact the lender’s financial health
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IMPORTANT PRINCIPLES OF TORT Tort law is a body of law that governs civil wrongs or injuries caused by one person to another. Here are some important principles of tort law: 1. Duty of care: Under tort law, individuals and organizations owe a duty of care to others to avoid causing harm. This duty of
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PRINCIPLE OF TRESPASS TO PROPERTY The principle of trespass to property is a legal concept that refers to the intentional interference with the possession of another person’s property without their permission. It involves a person entering or using another person’s property without their consent, whether or not the person causes any damage to the property.
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OCCUPATION VALUE AND INVESTMENT VALUE Occupation value and investment value are two concepts commonly used in the field of real estate to assess the worth of a property. Occupation value refers to the value of a property based on the income it can generate if it is rented out or used for some other purpose.
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REAL PROPERTIES AND PERSONAL PROPERTIES Real properties and personal properties are two types of property that are differentiated based on their characteristics and legal treatment. Real properties, also known as real estate or immovable properties, are physical assets such as land, buildings, and other structures that are permanently attached to the land. They cannot be
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