NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
RIGHTS AND LIABILITIES OF LESSOR AND LESSEE A lessor is the owner of a property who leases it to a lessee, who is the person or entity who rents the property. In a lease agreement, both parties have certain rights and liabilities. Here are some of the key rights and liabilities of lessors and lessees: […]
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DIFFERENT TYPES OF ELEMENTS FOR PLANE STRESS AND PLANE STRAIN ANALYSIS In solid mechanics, the finite element method (FEM) is a powerful numerical technique used to analyze the behavior of complex structures under external loads. The FEM involves dividing the structure into small, simple subregions called elements, and then solving equations for each element to
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DETERMINATION OF EXCHANGE RATE IN A FREE MARKET, MERITS AND DEMERITS OF FLEXIBLE AND FIXED EXCHANGE RATE Exchange rates are determined by the market forces of supply and demand in a free market. In a free market, the exchange rate of a currency is determined by its supply and demand, which are affected by various
TYPES AND USES OF THEODOLITES A theodolite is a surveying instrument used to measure horizontal and vertical angles between two points. There are several types of theodolites, each with their own specific uses. Here are some of the most common types and their uses: Optical Theodolite: An optical theodolite uses a telescope and a reticle
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COMMON TYPES OF ROAD FAILURES OF FLEXIBLE PAVEMENTS Flexible pavements are constructed of multiple layers of materials that work together to provide a smooth and durable surface for vehicles to drive on. However, over time, these pavements can experience a range of failures that can affect their overall functionality and lifespan. Here are some common
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NECESSITY OF ROAD DRAINAGE WORK CROSS DRAINAGE WORKS Road drainage refers to the system of channels, gutters, pipes, and other structures that are designed to manage the flow of water on and around the road. The primary purpose of road drainage is to prevent water from accumulating on the surface of the road, which can
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CONCEPT OF UNEARNED INCREASED IN VALUES The concept of Unearned Increment in Values (UIV) refers to the increase in the value of a property or asset that is not a result of any effort or investment made by the owner of the property. It is also known as “unearned income,” “unearned value,” or “unearned wealth.”
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ANNUAL SINKING FUND WORKING An annual sinking fund is a financial strategy used by businesses or organizations to set aside a certain amount of money each year to pay off a debt or to fund a future expense, such as the replacement of equipment or facilities. The working of an annual sinking fund involves the
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REAL ESTATE MARKET AND ITS CHARACTERISTICS The real estate market refers to the buying, selling, and renting of properties, including residential, commercial, and industrial buildings, as well as land. The real estate market can be influenced by a variety of factors, including economic conditions, population growth, interest rates, and government policies. Some of the characteristics
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URBAN INFRASTRUCTURE AND ITS INFLUENCE ON VALUE OF REAL ESTATE Urban infrastructure refers to the physical and organizational structures, facilities, and systems that support the functioning of cities and urban areas. This includes transportation systems, such as roads, highways, railways, and public transit; utilities, such as water supply, sewer systems, and electricity grids; public amenities,
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IMPORTANT CONCEPTS OF THE INDIAN EVIDENCE ACT, 1872 Evidence is any information, whether oral, written, or in the form of objects or things, which tends to prove or disprove a fact that is relevant to a case being tried in a court of law. Evidence is used to establish the existence or non-existence of a
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SARFAESI ACT AND ITS FEATURES The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act is an Indian law passed in 2002 to facilitate the recovery of bad loans by banks and other financial institutions. Under this Act, banks and financial institutions are empowered to take possession of and sell the
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