NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
The basic things you should know to calculate the volume of 1 bag of cement are: Density of cement = 1440 kg/ m³ 1 bag = 50 kg of cement 1 m³ = 35.3147 cubic feet 1 m³ = 10³ liters Let’s see how can we calculate the volume of 1 cement bag by using all […]
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The sinking fund can be defined as the fund which is kept in a separate account to be used for major expanses. In general parlance, a Sinking Fund is money set aside in a separate account to pay off a debt, a way to generate funds for a depreciating asset, to pay off a future
MEANING OF SINKING FUND & ITS ADVANTAGES Read More »
Value is nothing but the worth or utility of certain building, property, machinery, equipment, etc. Value always changes from time to time and always depend upon supply and demand. The value of the property within short time may be more than its existing worth or price. There are many types of values which are used
MEANING OF SCRAP AND SALVAGE VALUE Read More »
An easement is an agreement between two parties, where one is granted land access in exchange for a fee. An easement, or easement agreement, is a real estate concept that defines a scenario in which one party uses the property of another party, where a fee is paid to the owner of the property in
EASEMENT RIGHT AND ITS TYPES Read More »
A Giffen good, a concept commonly used in economics, refers to a goods that people consume more of as the price rises. Therefore, a Giffen goods shows an upward-sloping demand curve and violates the fundamental law of demand. Giffen goods can be the result of multiple market variables including supply, demand, price, income, and substitution.
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MEANING OF LOCATION IN REAL ESTATE AND ITS IMPORTANCE A real estate agent’s common rhetoric is always ‘location, location, and location’ when asked as to what a property should most importantly have. As far as India is concerned, the real estate market is a diverse one when compared to many other countries. To choose a
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA ORGANIZING WORKSHOP FOR REGISTERED VALUERS ON 24TH DECEMBER 2021 11:00, A M TO 02:00 PM Insolvency and Bankruptcy Board of India is organizing a one-day workshop for Registered Valuers, in hybrid mode (physical and virtual), on 24th December 2021. In view of the prevailing Covid protocol, only a limited
INFORMATION ON VALUATION -BASIC KNOWLEDGE COMPILED BY ER. VAIBHAV BANSAL VALUATION Valuation refers to the process of determining the present worth of a company or an asset. It is generally carried out by a professional valuer.it is an analytical process of determining the current (or projected) worth of an asset or a company. … An
VALUATION -BASIC KNOWLEDGE: COMPILED BY ER VAIBHAV BANSAL Read More »
INFORMATION ON ARBITRATION, MEDIATION & CONCILIATION USEFUL FOR EXAMINATION PURPOSES COMPILED BY ER. VAIBHAV BANSAL ARBITRATION Arbitration is a means of securing an award on a conflict issue by reference to a third party. It is a process in which a dispute is submitted to an impartial outsider who makes a decision that is usually
EXTENSION FOR COMPLETION OF CEP CREDIT POINTS FOR F.Y. 2020-2021 AND 2021-2022 GOLDEN OPPORTUNITY FOR ALL REGISTERED VALUERS! Dear Registered Valuer Member (s), As per minutes of the 42nd meeting held with the MDS/CEOs of Registered Valuers’ Organisations (RVOs) held on 7 th September 2021 following decisions are taken by the authority: 3 b) Compliance
EXTENSION FOR COMPLETION OF CEP CREDIT POINTS FOR F.Y. 2020-2021 AND 2021-2022 Read More »
ANALYSIS OF VALUATION REPORTS BY COMMITTEE OF EXPERTS After examining & going through various valuation reports and after noting the various deficiencies / Lacunas, the committee came to the conclusion that valuers should 1. The purpose of valuation should be clearly recorded. 2. The identity of the valuer has to be properly disclosed. If assistance
ANALYSIS OF VALUATION REPORTS BY COMMITTEE OF EXPERTS : AN OVERVIEW Read More »
INFORMATION ON REAL ESTATE (REGULATION & DEVELOPMENT) ACT, 2016 (RERA) USEFUL FOR EXAMINATION PURPOSES COMPILED BY ER. VAIBHAV BANSAL INTRODUCTION The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The