NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (113) 15/05/2021 COMPILED BY ER AVINASH KULKARNI Public Premises Act 1971 (Eviction of Unauthorized Occupants) (23/08/1971) An act to provide for the eviction of unauthorized occupants from public premises and for certain incidental matters 1) act may be called the Public Premises (Eviction of Unauthorized Occupants) Act 1971 2) […]
Saturday Brain Storming Thought (112) 08/05/2021 COMPILED BY ER AVINASH KULKARNI ANCESTRAL PROPERTY Ancestral property is defined as one that is inherited up to four generations of male lineage and should have remained undivided throughout this period For descendants, be it daughter or son, an equal share in such property accrues by birth itself
ANCESTRAL PROPERTY-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (111) 01/05/2021 COMPILED BY ER AVINASH KULKARNI Hindu Undivided Family (HUF) HUF is treated as a person under section 2(31) of the income tax act 1961 Under Hindu law, an HUF is a family which consists of all persons lineally descended from a common ancestor and includes their wives and unmarried
Hindu Undivided Family (HUF)-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (110) 24/04/2021 WEALTH TAX Wealth tax is a charge levied on the total or market value of personal assets Wealth tax is also known as capital tax or equity tax Wealth tax is imposed on the richer sections A net wealth tax deducted liabilities from an individual’s wealth, primarily mortgage and
WEALTH TAX : ALL A VALUER & BANKER NEED TO KNOW ABOUT Read More »
Saturday Brain Storming Thought (109) 17/04/2021 REVERSE MORTGAGE A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property The loans are typically o older homeowners and typically do not require monthly mortgage payments The entire loan balance becomes due and
REVERSE MORTGAGE : ALL A VALUER & BANKER NEED TO KNOW ABOUT Read More »
Saturday Brain Storming Thought (108)-10/04/2021 INJURIOUS AFFECTION IN LAND ACQUISITION : ALL YOU NEED TO KNOW Injurious Affection occurs where land and property is adversely affected by statutory schemes causing a decrease in the freehold market value An injury to the value of land caused by the interference with the owners use or the enjoyment
INJURIOUS AFFECTION IN LAND ACQUISITION : ALL YOU NEED TO KNOW Read More »
Saturday Brain Storming Thought (107) 03/04/2021 SEVERANCE IN LAND AQUISITION To sever means cut Severance takes place when only a part of a property, may be an agricultural land or a builtup urban property is acquired and the remaining part of the same property is left out of acquisition and left with the owner Severance
SEVERANCE IN LAND AQUISITION Read More »
Saturday Brain Storming Thought (106) 27/03/2021 Social Impact Assessment (SIA) Social impact assessment is a methodology to review the social effects of infrastructure projects and other development interventions SIA is used to predict and mitigate negative impacts and identify opportunities to enhance benefits for local communities and broader society Meaning of SIA SIA is a
SOCIAL IMPACT ASSESMENT: AN OVERVIEW Read More »
Saturday Brain Storming Thought (105) 20/03/2021 BY ER AVINASH KULKARNI SOLATIUM IN LAND ACQUISITION Solatium means a thing given to someone as compensation for consolation Meaning of Solatium Solatium is being given to meet with the unwillingness of the persons interested to part with the property being acquired Legal meaning of Solatium 1) something is
SOLATIUM IN LAND ACQUISITION Read More »
Saturday Brain Storming Thought (104)-13/03/2021 COMPILED BY ER AVINASH KULKARNI PROCYCLICAL POLICY IN VALUATION A Procyclical fiscal policy can be summarized simply as governments choosing to increase government spending and reduce taxes during an economic expansion, but reduce spending and increase taxes during a recession Meaning of Procyclical Procyclical means something with a positive effect
PROCYCLICAL POLICY IN VALUATION-ALL YOU NEED TO KNOW Read More »
Saturday Brain Storming Thought (103)-06/03/2021-COMPILED BY ER AVINASH KULKARNI LAND AQUISITION Land acquisition is the power of the union or state government in India to acquire private land for the purpose of industrialisation, development of infrastructural facilities or urbanisation of the private land, and to compensate the affected land owners for their rehabilitation and resettlement
LAND AQUISITION-ALL YOU NEED TO KNOW ABOUT Read More »
Saturday Brain Storming Thought (102)-27/02/2021 COMPILED BY ER. AVINASH KULKARNI FRACTIONAL OWNERSHIP Fractional ownership is a percentage ownership in an asset Fractional ownership shares in the asset are sold to individual shareholders who share the benefits of the asset such as usage rights, income sharing, priority access and reduced rates The usage benefits that the
FRACTIONAL OWNERSHIP-ALL YOU NEED TO KNOW Read More »