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BARE SHELL PROPERTIES-ALL YOU NEED TO KNOW-COMPILED BY ER. AVINASH KULKARNI

AVINASH KULKARNI, News & Events /

Saturday Brain Storming Thought (118) 19/06/2021 COMPILED BY ER. AVINASH KULKARNI BARE SHELL PROPERTIES Bare Shell refers to a property, whose construction is completed and has basic building services in place Such properties have unfurnished interiors and lack heating, ventilation, and Air conditioning (HVAC) systems, lighting, plumbing, and elevators Bear Shell condition The building’s condition […]

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WARM SHELL PROPERTIES-ALL YOU NEED TO KNOW-COMPILED BY ER. AVINASH KULKARNI

AVINASH KULKARNI, News & Events /

Saturday Brain Storming Thought (117) 12/06/2021 COMPILED BY ER. AVINASH KULKARNI WARM SHELL PROPERTIES The term shell lease is used when the rented property is an unfinished shell of a piece of commercial real estate, where the tenant must complete design and construction and add any necessary furniture, fixtures, and equipment Warm Shell Property A

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STAMP DUTY VALUE-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI, News & Events /

Saturday Brain Storming Thought (116) 05/06/2021 COMPILED BY ER AVINASH KULKARNI STAMP DUTY VALUE Under section 55 of the income tax act – Stamp duty value means any value adopted by authority of the CG or SG for the purpose of payment of stamp duty for the immovable property Stamp Duty Stamp duty is a

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DESKTOP VALUATION-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI /

Saturday Brain Storming Thought (115) 29/05/2021 COMPILED BY ER AVINASH KULKARNI DESKTOP VALUATION A desktop valuation (also known as desktop appraisal) is a valuation performed without a physical inspection of a property It will generally be undertaken where a full inspection of a property cannot take place Accuracy of Desktop Valuation It is considered unreliable

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LIMITATIONS, CAVEATS & DISCLAIMERS IN VALUATION REPORT-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI /

  Saturday Brain Storming Thought (114) 22/05/2021 COMPILED BY ER AVINASH KULKARNI LIMITATIONS, CAVEATS & DISCLAIMERS IN VALUATION REPORT A disclaimer is required in a valuation report to mitigate the potential risk of Registered Valuer Anyone who reads the disclaimers should understand the risks involved in using the valuation report or acting upon the information

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Public Premises Act 1971 (Eviction of Unauthorized Occupants) (23/08/1971)-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI, CEV INDIA NEWS /

  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)

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ANCESTRAL PROPERTY-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI, CEV INDIA NEWS /

  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

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Hindu Undivided Family (HUF)-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI

AVINASH KULKARNI, CEV INDIA NEWS /

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

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REVERSE MORTGAGE : ALL A VALUER & BANKER NEED TO KNOW ABOUT

AVINASH KULKARNI /

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

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INJURIOUS AFFECTION IN LAND ACQUISITION : ALL YOU NEED TO KNOW

AVINASH KULKARNI /

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

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