NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 04.09.2023 Ten points to be remembered while doing valuation of leasehold properties : 1. A lease is the outcome of the rightful separation of ownership and possession. 2. The valuer must ensure whether the lease is a building lease or an occupational lease. 3. A […]
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 03.09.2023 Ten points to be remembered while doing valuation for the purpose of computing compensation for land acquisition (Courtesy : Mr. A. Anbazhagan) 1. For the purpose of valuation for land acquisition, value is to be estimated as on the date of notification (and not
KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 02.09.2023 Ten points to be remembered with regard to guideline value and market value : 1. Guideline rate (GLR) is the unit rate of land fixed by the registration department mainly for the purpose of fixing stamp duty for the sale deed at the time
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 01.09.2023 Ten points to be remembered about depreciation : 1. The word depreciation is derived from the word “Depreciatum” – a Latin word. 2. Depreciation is the reduction of value of the property due to age, deterioration, lack of maintenance, decay, wear and tear, etc.
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 31.08.2023 Ten points to be remembered while doing valuation by composite rate method : 1. For valuing a flat, shop and commercial complex, composite rate method can be adopted. Composite rate denotes a single unit rate. 2. The composite rate involves i) land component, ii)
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 30.08.2023 Ten points to be remembered while doing valuation by land and building method : 1. In this method, plot is valued separately, building is valued separately and then these two values are added to get the total value. 2. Value of land can be
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Saturday Brain Storming Thought (186) 26/08/2023 EXPECTED VALUE (EV) Expected Value (EV) Expected value is a predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence In quantum mechanics, the expected value is the probabilistic expected value of the result (measurement) of an experiment
EXPECTED VALUE (EV): INTERESTING INFORMATION COMPILED BY ER. AVINASH KULKARNI Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna 29.08.2023 Ten points to be remembered while doing valuation by Rent Capitalisation method : 1. While capitalising, only the net rent is to be considered. 2. Rent capitalisation is to be done in the hands of the owner. 3. The maintenance
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna 28.08.2023 Ten points to be remembered by a registered valuer when he wants to estimate cost of construction for Income Tax purpose : 1. The purpose of valuation here is to estimate the cost. 2. The meaning is the amount the
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna 27.08.2023 Ten points to be remembered by a panel valuer / SARFAESI valuer if he wants to be safe against any criminal proceedings at any future date : 1. Value varies with purpose. Do not forget to mention the purpose of
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna 26.08.2023 Ten points to be remembered by a panel valuer in general : 1. While advancing loan to any borrower, the bank is relying on the legal opinion of its panel advocate and the valuation report of its panel valuer. 2. The
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 19.08.2023 HOW TO VALUE A PROPERTY IF GAZETTE RATE IS LOW ? Question : I have following doubts about capital gains valuation. As per new amendments property sold after 01.04.2020, FMV as arrived should not exceed stamp duty value. In Goa,
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