NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
INVESTMENT-MUTUAL FUND –ALL YOU NEED TO KNOW In order to have some effective in stock market, the tendency is now to form a group of persons and the to carry the business under a particular mutual fund scheme. Every persons ha to contribute for becoming a member of the group and the benefits realized are […]
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PLANT AND MACHINERY VALUATION AND ITS IMPORTANCE Plant and machinery valuation refer to finding the market value of all plant and machinery assets used in manufacturing and distributing goods and services by a business. Businesses are constantly using plants and machinery. Therefore, a business needs to determine the price and establish a value to these fixed
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SOLENOID VALVES-ALL YOU NEED TO KNOW A solenoid valve is an on/off electromechanically operated valve which consists of an electromagnetic actuator (solenoid) and a valve body. The solenoid-plunger assembly is the valve actuator responsible for opening and closing the valve. This actuator can be arranged in such a way that the plunger action can either open or
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GRILLAGE FOUNDATION- ALL YOU NEED TO KNOW A grillage foundation made of two or more than two-tier beams placed at the right angle to disperse the load evenly over a large area. A foundation made of two or more than two-tier beams superimposed in a concrete layer to distribute the load over a large area
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CONSIGNMENT ACCOUNTING- ALL YOU NEED TO KNOW Consignment account is prepared to ascertain the profit earned or loss incurred by the consignor on a specific consignment. This account can be viewed as a combined trading and profit and loss account prepared specifically for consignment business. The nature of the consignment account is nominal which means it is
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CONCEPT OF RIGHT OF COMPULSORY PURCHASE AND VALUE IN INDIA There exists a difference of opinion as to the nature of power of Eminent Domain, which is defined as the right or power of State to appropriate private property for particular uses for the purpose of promoting the public welfare. Some maintain that it is
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MEASUREMENT OF BUSINESS INCOME-ALL YOU NEED TO KNOW One of the most significant accounting concepts is “Concept of Income”. Similarly, measurement of a business income is also an important function of an accountant. In General term, payment received in lieu of services or goods are called income, for example, salary received by any employee is
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FACTORS AFFECTING CHANGES IN MARKET VALUE Having discussed that the market value of property depends on the forces of supply and demand, let us know summarize the various factor which might influence the changes in the market value of property. Following are such factors Changes in building technology :the improved building techniques will certainly result
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DIFFERENCE BETWEEN CORRELATION AND REGRESSION 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
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DIFFERENT FORMS OF VALUE Accommodation value: As the city or town develops, the surrounding agricultural area is to be converted into the accommodation land. For this purpose the owner of the land has to obtain the permission from the competent authority to convert his agricultural land into non- agricultural or accommodation land. Such accommodation land
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OCCUPATION VALUE AND INVESTMENT VALUE The main intention of every purchaser of a real estate is to invest his capital so as to obtain enough return from it. Thus, the investment value of property indicates the amount offered by a prudent purchaser by keeping in view the advantages of processing the property from
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LEASE EXTENSION A lease extension is a legal agreement that extends the terms of an existing lease. Lease extensions are commonly used in rental agreements, but the term can also apply to auto leases. A lease extension continues the existing lease for a set period rather than creating a new contract. Landlords usually extend leases for a
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