NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (272) 26/04/2025 LEAN MANAGEMENT Lean Management is a systematic approach to optimizing business processes by identifying and eliminating waste, increasing efficiency and improving overall performance Lean Management focuses on creating value for the customer by streamlining workflows, reducing costs and enhancing quality The core principle is continuous improvement, encouraging all employees […]
Saturday Brain Storming Thought (271) 19/04/2025 LIMITED MARKETABILITY Limited Marketability refers to the difficulty and cost associated with selling an asset, like a business or ownership interest, quickly and at a predictable time It’s a key consideration in business valuation, particularly for privately held companies, as it suggests a lower value compared to publicly traded
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Saturday Brain Storming Thought (270) 12/04/2025 TRANSFERABLE PROPERTY IN INDIA In India, Transferable Property encompasses assets that can be legally transferred, including real estate, vehicles, shares and patents, governed by Transfer of Property Act, 1882 Key Aspects of Transferable Property in India 1) Legal Framework The Transfer of Property Act, 1882, is the primary legislation
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Saturday Brain Storming Thought (269) 05/04/2025 NON-TRANSFERABLE PROPERTY IN INDIA In India, Non-transferable property, as outlined in section 6 of the Transfer of Property Act, 1882, includes assets like the chance of an heir succeeding to an estate, future maintenance rights, the mere right to sue, public offices and certain pensions Meaning of Non-transferable Property
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Saturday Brain Storming Thought (268) 29/03/2025 PERPETUAL LEASE A Perpetual Lease is a contract where a property owner grants someone the right to use their land or property indefinitely, in exchange for ongoing rent payments, with no set expiration date and continues until terminated by either party Indefinite Term Unlike standard leases with fixed durations,
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Saturday Brain Storming Thought (267) 22/03/2025 MINIMUM ORDER VALUE(MOV) Minimum Order Value (MOV) is the lowest amount a customer must spend on a product or service to complete an order, ensuring businesses cover costs and potentially increasing average order value Purpose of Minimum Order Value 1) Cost Coverage MOV helps businesses cover the costs of
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TELANGANA GOVERNMENT’S VISION FOR THE FUTURE: THE ESTABLISHMENT OF THE FUTURE CITY DEVELOPMENT AUTHORITY A MILESTONE FOR BANKERS AND PROPERTY VALUERS Er. P. V. Rajesh (Bureau Chief) Hyderabad (Techno Journalist) 20/03/2025 – In a significant move toward enhancing urban development in the state, the Telangana Government has officially constituted a new development initiative called the Future
Saturday Brain Storming Thought (266) 15/03/2025 EXCLUSIVE ECONOMIC ZONE (EEZ) An Exclusive Economic Zone (EEZ) is an area of the ocean, generally extending 200 nautical miles (230 miles) beyond a nation’s territorial sea, within which a coastal nation has jurisdiction over both living and nonliving resources. Key features of Exclusive Economic Zone 1) Extent Extends
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Saturday Brain Storming Thought (265) 08/03/2025 INCOME DECLARATION SCHEME The Income Declaration Scheme was introduced by the Government of India in 2016 in a move that was aimed at encouraging tax evaders to declare their income and pay the applicable taxes voluntarily It was introduced for those individuals who have not declared their income properly
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Saturday Brain Storming Thought (264) 01/03/2025 NET WORTH Net Worth is the value of assets an individual or corporation owns minus the liabilities they owe Key Takeaways of Net Worth 1) Net Worth is a quantitative concept that measures the value of an entity and can apply to individuals, corporations, sectors and even countries 2)
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Saturday Brain Storming Thought (263) 22/02/2025 NON DEVELOPMENT ZONE (NDZ) In Maharashtra, India, a Non Development Zone (NDZ) is a designated area where construction and development activities are restricted or prohibited These zones are typically established to preserve natural resources, maintain ecological balance and prevent urban sprawl Primary objectives of NDZs 1) Environmental Protection NDZs
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Saturday Brain Storming Thought (262) 15/02/2025 LAND USE ZONING IN MAHARASHTRA Land use Zoning is an important activity carried out by the land and development authorities of a State Categorization of Land zones in Maharashtra 1) Urbanized zone – Land that developed for urban use 2) Industrial zone – Land that is used for industrial
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