NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
DIFFERENT TYPES OF ECONOMIC SYSTEMS An economic system serves as a regulatory system for controlling different aspects of production and distribution, including capital, labor, land and other physical resources. In an economic system, there are many essential entities, agencies and decision-making authorities. Additionally, economic systems typically follow patterns of use and consumption that make up […]
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UNIT TRUST OF INDIA- ALL YOU NEED TO KNOW A unit trust is an investment plan in which the funds are pooled together and then invested. The fund which is pooled is then unitized and the investor who is one party to the unit trust is called a unitholder, holding a certain number of units.
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LAND ACQUISITION ACT, 1894 (DEFINITIONS AND FEATURES) Land Acquisition in India refers to the process by which the union or the state government in India acquires private land for the purpose of industrialization, development, of infrastructural facilities or urbanization of the private land, and provides compensation to affected land owners and their rehabilitation and resettlement.
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HOW TO TRANSFORM A CONDO INTO A PROFITABLE INVESTMENT A condominium, or condo, is a residential complex with various units owned by different individuals. These properties are popular in Toronto since they’re more cost-efficient than single-family homes. Also, they’re an excellent option for investors who don’t want to deal with immense maintenance needs. However,
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TRANSFER OF PROPERTY ACT, 1882 – LAWS OF TRANSFER MOVABLE/IMMOVABLE PROPERTY Transfer of property must typically take place in accordance with the Transfer of Property Act 1882, which streamlines the process of property transfer between individuals. Transfer of Property Act Transfer of Property Act 1882 is legislation formed by the Indian government, brought into effect on
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FINANCIAL ACCOUNTING – CAPITAL AND REVENUE One of the major aspects of preparing a correct financial statement is to distinguish revenue and capital in regard to revenue income, revenue expenditure, revenue payments, revenue profits, and revenue losses of the company with capital income, capital receipts, capital profit, or capital losses. In fact, without differentiating, we
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DIFFERENCE BETWEEN SPIRAL COLUMN AND TIED COLUMN A vertical portion with an effective length is three times the vertical member’s length. A column is a structure capable of sustaining compressive stresses with the minimum lateral dimension. From beams or slabs to footings or foundations, columns carry loads. In the case of frames and trusses, struts
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METHODS OF BATCHING OF CONCRETE Batching of concrete is the process in which the elements or ingredients required for producing the concrete mix such as cement, sand, aggregate and water are measured in quantity for correct mixing according to the mix ratio. Accurate quantity of all the ingredients should be used to produce high-quality concrete. Batching of
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SEGREGATION IN CONCRETE AND ITS TYPES Segregation refers to separation of different concrete phases. It happens when concrete mix is not cohesive enough.Slump Test in Conventional concrete and Flow test in Self Compacting Concrete can give a good picture of segregation of concrete. If concrete is not cohesive larger particles will separate out. Segregation is
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TIPS FOR SUCCESS FOR ENGINEERING STUDENTS Engineering is one of the strongest occupations to pick. Being an engineer means, you can explore and develop new ideas in several ways. It is always exciting to work on something new. But most of the engineers fight for the best chance through their careers. You forgot one basic
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GRILLAGE FOUNDATION AND TYPES OF GRILLAGE FOUNDATION Grillage Foundation Grillage foundation is a type of foundation that consists of more than one extra layer of beams which are usually steel placed on a layer of concrete to distribute and transfers the structural load on a big area of soil below the foundation. These types of foundations are used for heavily loaded columns. Grillage
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RIGHTS OF PATENTEE IN INDIA- ALL YOU NEED TO KNOW Introduction to the Rights of Patentee One of the most significant types of intellectual property is the patent. A patent’s term is normally 20 years from the application’s priority date. When a product or technique is protected by a patent, the patentee has the legal right to bar
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