NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
FICTITIOUS ASSETS Fictitious assets are deferred revenue expenditures with no resale value. These intangible assets are unclaimed expenses incurred in running a business and are amortized, hoping that they will benefit the company in the long run . Fictitious assets are the assets that have no tangible existence but are represented as actual cash expenditure […]
FICTITIOUS ASSETS- ALL YOU NEED TO KNOW Read More »
HIRE PURCHASE SYSTEM IN VALUATION ALL YOU NEED TO KNOW Under the Hire-purchase system, goods are delivered to a person who agrees to pay the owner by equal periodical installments. Such installments are to be treated as hire of these goods until a certain fixed amount has been paid when these goods become the property
HIRE PURCHASE SYSTEM IN VALUATION-ALL YOU NEED TO KNOW Read More »
BOOK REVIEW Mastering Real Estate Valuation & Advanced Valuation for Secured Lending by Banks and Financial Institutions NEW DELHI (TECHNO REPORTER): Syamales Datta’s Mastering Real Estate Valuation, 1st Ed. (nick MREV) is the worldwide #1 bestseller on property valuation in the Indian context. He is also the author of Advanced Valuation for Secured Lending by
VALUATION OF UNSOLD FLATS AS SECURITY PURPOSE – PROCEDURE B. Kanaga Sabapathy, Tiruchirappalli At the time of launching the project, the promoter is under the expectation that all the flats would be booked and he can proceed with the construction activities easily with the money he can obtain from the flat buyers. But when the
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National Land Monetisation Corporation (NLMC) The Union Cabinet approved the setting up of the National Land Monetisation Corporation (NLMC) to monetize surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other agencies linked to the government Central Public Sector Enterprises (CPSEs) These are those companies in which the direct holding of the
LIS PENDENS IN PROPERTY VALUATION SATURDAY BRAIN STORMING THOUGHT 26/02/2022 A Lis Pendens is an office notice to the public that a lawsuit involving a claim on a property has been filed. Lis Pendens is connected to the concept Rule of Lis Pendens The rule of Lis Pendens lays down that whoever purchases a property
ALL YOU NEED TO KNOW ABOUT LIS PENDENS IN PROPERTY VALUATION Read More »
Valuation of Lessors Interest Lessor is the owner of an asset that is leased under an agreement to a lessee A lessor can be either an individual or a legal entity Lessor retains ownership of the property while generating a return on his invested capital Some lessors can also grant a “rent-to-own” least whereby
Difference between Valuation of Lessors & Lessee’s Interest Read More »
We are going to close all what’s groups of CEV soon due to difficulties in posting an information or message in more than 5 groups of CEV at a time. All future posts of empanelment notices & professional importance will be shared on following social media platforms after closing the groups. 1. VALUERS CLUB ON TELEGRAM
STEPS TO FOLLOW TO JOIN VALUERS CLUB : WORLD FAMOUS COMMUNITY PLATFORM OF VALUERS Read More »
QUESTION & OPINION B. Kanaga Sabapathy 04.02.2022 Question : A bank is requesting me to do the valuation of land portion only while there is a self occupied commercial building in it. Is it right for a panel valuer to certify the value of land portion alone? Opinion : The opinion depends upon the purpose
WHAT TO DO WHEN BANK DEMANDS VALUATION OF LAND PORTION ONLY OF A COMMERCIAL BUILDING Read More »
QUESTION & OPINION – B. Kanaga Sabapathy 27.01.2022 Question : 1. If a plot was purchased in the year 1936 for Rs 2,54,000/-, can I adopt the same amount as the fair market value as on 2001? 2. If the construction was done in 1942….to arrive at the CPWD plinth area rate as on 2001,
FIND THE VALUE OF PLOT IF CONSTRUTION IS DONE IN 1942 Read More »
QUESTION & OPINION – B. Kanaga Sabapathy 28.01.2022 Question: I am a Civil Engineer. Whether I am eligible to become a Registered Valuer for 1. Wealth Tax Act, 1957 2. Companies Act, 2013 3. Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 4. Prevention of Money Laundering Act, 2002 5.
HOW TO BECOME A VALUER UNDER DIFFERENT ACTS Read More »
QUESTION & OPINION – B. Kanaga Sabapathy 29.01.2022 Question : I am a beginner in valuation. What is the difference between empanelment and registration? Opinion : 1. “Registration” is a word to be used when you are registered as a valuer under section 34 AB of Wealth Tax Act or under Companies Act or under
What is the difference between empanelment and registration? Read More »