NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (249) 16/11/2024 DE-DOLLARIZATION De-dollarization refers to countries reducing reliance on the U.S. dollar as a reserve currency, medium of exchange or as a unit of account Key Takeaways of De-dollarization 1) De-dollarization entails a significant reduction in the use of U.S. dollar in world trade and financial transactions 2) Some signs […]
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Saturday Brain Storming Thought (248) 09/11/2024 FIAT MONEY Fiat Money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, or backed by any other tangible asset or commodity Fiat currency is typically designated by the issuing government to be legal tender, and is authorized
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Saturday Brain Storming Thought (247) 02/11/2024 H-1B VISA USA USA Work Visa – The H-1B Visa is for individuals in occupations That requires highly specialized knowledge H-1B Eligibility 1) Have completed a U.S. bachelor’s or higher degree required by the specific speciality occupation from an accredited college or university 2) Hold a foreign degree that
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna-05/11/2024 D/o, B Kanagasabapathy Question from a fellow valuer: A temple trust has constructed a residential building and they’ve approached me for valuation. I understand that temple properties are non-marketable and, therefore, I should not certify the value. Could you please guide me on this matter?
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna-03/11/2024 D/o, B Kanagasabapathy Question: I am a beginner in valuation and I have been recently empanelled. My question is as follows: In 2014, Mr. X purchased a residential flat with an area mentioned as 1230 sq. ft. in the sale deed. In 2019, Mr. Y
Saturday Brain Storming Thought (246) 26/10/2024 INFLATION HEDGE An Inflation Hedge is an investment that is considered to protect the decreased purchasing power of a currency that results from the loss of its value due to rising prices either micro-economically or due to inflation It typically involves investing in an asset that is expected to
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Saturday Brain Storming Thought (245) 19/10/2024 FAMILY TREE CERTIFICATE A Family Member Certificate is a certification provided to the citizen by the government confirming and testifying that he/she is a member of a recognized family. A Family Tree Certificate, also known as a lineage or genealogy certificate, is an official document issued by the revenue
Saturday Brain Storming Thought (244) 12/10/2024 ENCUMBRANCE CERTIFICATE (EC) An Encumbrance Certificate (EC), a crucial document, verifies free title/possession of a property It is a legal document providing details of legal/financial vurdens of a property Details mentioned in an Encumbrance Certificate 1) Name of property owner 2) Property related transactions and documents 3) Name of
ENCUMBRANCE CERTIFICATE (EC) -AS EXPLAINED BY-ER. AVINASH KULKARNI Read More »
TRANSFER OF PROPERTY ACT VARIOUS SECTIONS RELATED TO VALUERS Under the Transfer of Property Act, of 1882, property can be transferred in several modes. Here are the key modes of transfer: 1. Sale (Section 54) Definition: A transfer of ownership in exchange for a price paid or promised or part-paid and part-promised. Key Features: •
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MEHR CHAND POLYTECHNIC COLLEGE STUDENTS DESIGNED A PROJECT FOR THE STUDENT CENTER JALANDHAR (TECHNO REPORTER) 07/10/2024: The design of a student center for an area of approximately 2 acres, undertaken by the Final year Civil Engineering students Batch 2021-24 (10 Nos.) of Mehr Chand Polytechnic College, under the guidance of Principal Dr. Jagroop Singh and
MEHR CHAND POLYTECHNIC COLLEGE STUDENTS DESIGNED A PROJECT FOR THE STUDENT CENTER Read More »
Saturday Brain Storming Thought (243) 05/10/2024 STRUCTURED NOTE A Structured Note is an over the counter derivative with hybrid security features which combine payoffs from multiple ordinary securities, typically a stock or bond plus a derivative When the product depends on a credit payoff, it is called a credit-linked note Key Takeaways of Structured Note
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna-25/09/2024 D/o, B Kanagasabapathy Question from a fellow valuer: Why don’t you come forward to prescribe a standard single valuation format for all types of valuation? Opinion: A valuer must remember one basic principle of valuation: Value varies with purpose. Valuation reports
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