NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MAINTENANCE TO WIFE In India, maintenance, or alimony, is a right that either spouse can exercise if they can prove they are unable to support themselves financially. It’s a financial support that covers basic necessities like food, clothing, and shelter, as well as other needs to lead a normal life. The amount of maintenance is […]
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SALIENT FEATURES OF THE TRANSFER OF PROPERTY ACT, 1882 • The transfer of property act, 1882 provides a uniform and a clear law concerning the transfer of movable property from one living person to another living person by the act of parties. • The Transfer of Property Act, 1882 is an extension of the Indian
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UNREGISTERED AGREEMENT TO SELL CAN STILL BE ADMITTED AS EVIDENCE: SC The Registration Act, 1908 (Registration Act) plays an important role when it comes to dealing with and managing information related to land and immovable property. Section 17(1) of the Registration Act provides for mandatory registration of certain documents. This mandatory registration safeguards the interests
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STAGES OF CHEQUE BOUNCE CASE–STEP BY-STEP 1. ISSUING A LEGAL NOTICE:- The first is issuing a legal notice to the defaulter (Drawer of Cheque). According to Section 138 of the Negotiable Instruments Act, 1881, the holder of the bounced cheque must send a legal notice to the drawer of the dishonored cheque within 30 days
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MCQ-HYPOTHETICAL PLOTTING SCHEME FOR VALUE OF LARGE SIZE LAND 1. What is the primary purpose of a hypothetical plotting scheme? a) To determine the most efficient land use b) To determine the legal ownership of land c) To calculate property taxes d) To estimate the cost of construction Answer: a) To determine the most efficient
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INTEGRATING MARKET AND COST APPROACHES IN THE VALUATION OF MIXED-USE PUBLIC BUILDINGS Integrating Market and Cost Approaches in the Valuation of Mixed-Use Public Buildings in India Valuing mixed-use public buildings in India is a complex task that requires a nuanced understanding of various factors. These buildings often serve multiple functions, such as commercial, residential, and
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ASSESSING THE ACCURACY OF MARKET DATA IN LAND VALUATION FOR RESIDENTIAL BUNGALOWS IN INDIA Assessing the Accuracy of Market Data in Land Valuation for Residential Bungalows in India Introduction The accuracy of market data plays a crucial role in the valuation of residential bungalows in India. Accurate data ensures that valuations reflect the true market
ROLE OF CONSTRUCTION COSTS IN THE COST ESTIMATION METHOD FOR FACTORY VALUATION Role of Construction Costs in the Cost Estimation Method for Factory Valuation in India The valuation of factories in India is a complex process that requires careful consideration of various factors. Among these, construction costs play a pivotal role in the cost estimation
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IMPACT OF LOCAL MARKET TRENDS ON LAND VALUATION FOR OWNER-OCCUPIED PROPERTIES IN URBAN INDIA Impact of Local Market Trends on Land Valuation for Owner-Occupied Properties in Urban India The valuation of land, particularly in urban India, is a complex process influenced by various factors. Among these, local market trends play a crucial role, especially when
APPLICATION OF COST ESTIMATION METHOD IN VALUING PUBLIC BUILDINGS: CHALLENGES AND BEST PRACTICES Application of Cost Estimation Method in Valuing Public Buildings in India: Challenges and Best Practices The valuation of public buildings in India, such as government offices, schools, hospitals, and other institutional structures, is a crucial aspect of public asset management. The cost
COMPARATIVE ANALYSIS OF MARKET APPROACH IN VALUING LAND FOR OWNER-OCCUPIED BUNGALOWS VS. FACTORIES IN INDIA Comparative Analysis of Market Approach in Valuing Land for Owner-Occupied Bungalows vs. Factories in India In India, the valuation of land for different types of properties requires careful consideration of various factors. The Market Approach, also known as the sales
MCQ-PROFESSIONAL/BUSINESS ETHICS AND STANDARDS Which of the following best defines business ethics? A) Laws governing business conduct B) Moral principles that guide behavior in business C) Business practices for profit maximization D) Standard operating procedures in business Answer: B) Moral principles that guide behavior in business What is the primary objective of business ethics? A)
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