NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
CAST-IN-SITU CONCRETE PILES – ALL YOU NEED TO KNOW Concrete piles are made with reinforced cement concrete is a structural element of a deep foundation, and is vertically driven or drilled deep into the ground at the construction site. Cement Concrete Piles are excellent material using for pile foundation nowadays because cement concrete possesses excellent compressive strength. […]
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EARTH WORK IN EMBANKMENT- ALL YOU NEED TO KNOW The process of cutting and removing earth from borrow pits, transporting and placing it as a fill in the form of an embankment is known as an earthwork in embankment or filling. When the formation level of a road is to be kept higher than the natural ground level, the
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DIFFERENCE BETWEEN FREEHOLD & LEASEHOLD PROPERTY Leasehold and Freehold are the two forms of legal ownership of a property, whereby freehold property is a property or land, which is owned or inherited for life. As against, when a property is acquired under the lease, it is termed as Leasehold property. When you are buying a freehold property, it
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PRODUCT COST AND PERIOD COST Period cost vs Product cost is nothing but the expenses in the company, and anything management of a company wants a separate measurement cost because in any business cost is a major concern. The cost of any product is classified into Period cost and Product cost based on its relation
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LEASEHOLD PROPERTY- ALL YOU NEED TO KNOW LEASEHOLD PROPERTY: “Leasehold” refers to when a property purchaser buys the buildings and other structures on a property, but the land itself remains the property of the original owner. The purchaser is effectively renting the land from the owner. This sort of arrangement is often shunned for its
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SINKING FUND METHOD OF DEPRECIATION The sinking fund method of depreciation is used when an organization wants to set aside a sufficient amount of cash to pay for a replacement asset when the current asset reaches the end of its useful life. As depreciation is incurred, a matching amount of cash is invested, with the
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HARD COSTS IN CONSTRUCTION- ALL YOU NEED TO KNOW Cost is of different types and categorization, and every industry has a different name given to a particular cost. Although some cost more or less remains the same and it is generally considered to be of the same nature within all sectors and industries. However, in
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MORTGAGE AND HYPOTHECATION MORTGAGE A mortgage is one of the ways to raise cash utilizing the assets by creating a charge against immovable property where the amounts involved are generally very high, and the transfer of title is often passed. In contrast, Hypothecation is also raising cash by creating a charge against movable assets. However,
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SPECIFICATION FOR EARTHWORK IN EXCAVATION FOR FOUNDATION Stability of existing structures. Before starting excavation, trial pits should be dug to ascertain the depth and nature of its foundation. Shoring should be used in all cases when the depth of excavation exceeds its distance from existing structure. Excavation. Foundation trenches shall be dug out to the
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CAPITALIZED VALUE METHOD- ALL YOU NEED TO KNOW Capitalized value is the current worth of an asset, usually real estate, based on a calculation of expected income from the asset over the course of its economic lifespan. Capitalized value is a useful tool for investors to decide whether an asset is a good investment. Normally, capitalized
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DIFFERENT TYPES OF OUTGOINGS REQUIRED TO MAINTAIN THE REVENUE OF THE BUILDING Outgoings.- Outgoings or the expenses which are required to be incurred to maintain the revenue of the building. The various types of outgoing are as follows:- – These include Municipal Tax, Property Tax, Wealth Tax, etc., which are to be paid by the
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Press Release Insolvency and Bankruptcy Board of India No. IBBI/PR/2022/14, 31st March 2022 Phase 4 of Valuation Examinations w.e.f. 1st July 2022 In pursuance of rule 5 (3) of the Companies (Registered Valuers and Valuation) Rules, 2017, the IBBI, being the Authority, hereby publishes the syllabus and format of the ‘Valuation Examinations’ to be conducted