1.00 Todd Henry once said “ Pour out ideas & knowledge in your communities and turn them in to something useful” It would therefore be proper to pour out before valuer friends , lessons that is learnt during practice from case studies, in field of Valuation. It is possible that this knowledge may be useful… Continue reading INTERESTING CASE STUDIES FROM WONDERFUL WORLD OF VALUATION

Land Value   = 1000 @ 50,000/SM   = 500,00,000 BLDG DRC.   = 0.5 × 500 × 24000  =   60,00,000          Total Value = 560,00,000   Land Value = 500,00,000       = 60,00,000 Total Value = 560,00,000 1.00                 Most of Practicing Valuers are familiar with the Chaotic conditions prevalent in Real Estate Market in Indian towns and cities.… Continue reading VALUING PROPERTIES UNDER CHAOTIC REAL ESTATE MARKET IN INDIA

1.00                 Excellence in any field is based on a person’s willingness to learn more and more every day. “ I know everything ” attitude will hardly help a person to master the subject. 1.10                 In field of Valuation so many new things have happened in India during  last few years and that too at… Continue reading AWARENESS TO CHANGING SCENARIO IN FIELD OF REAL ESTATE VALUATION

  1.00                 Honourable Prime Minister Shri. Narendra Modi declared demonetisation of 500  &  1000 Rupees Notes on 8-11-2016. This caused havoc in Banking Sector , Gold Market, Stock Market, Money Market & Real Estate Market. Everyone connected with these markets started thinking what would be effect of demonetisation ! 1.10                 Senior Vice President in Charge… Continue reading EFFECT OF DEMONETISATION ON REAL ESTATE.

1.00            We Indians have best brains in the world and yet we are worst in research. Instead of innovating new methods and creating our own product, we prefer to copy and adopt others work with modifications. 1.10                 This attitude, we find in film making , TV serials and in field of… Continue reading NEED FOR INDIAN VALUATION STANDARDS

  1.00                 Lot of research is being undertaken in world in almost every field. As a result we do see proto type models of flying cars, cars running on water , mobile phones  with advanced technology , robotic surgery and what not. However in field of valuation we hardly find any basic research being undertaken… Continue reading SEED MATERIAL FOR RESEARCH WORK ON CERTAIN ASPECTS OF REAL ESTATE VALUATION

1.00                 Estimating value of  rights of  Lessor OR Lessee in a leasehold property is a tricky job. There are many points required to be considered by the valuer. It includes legal aspects as well as  economic aspects . 1.10     Valuer may be called to estimate value of leasehold rights in following situations. (i)         Advice on… Continue reading VALUE OF RIGHTS OF LESSOR/LESSEE IN LEASEHOLD PROPERTY

  1.00                 Central Government and other authorities have been framing new economic policies  with such a great speed that it is difficult to catch up with them . It is quite difficult to understand and  precisely predict effect of these flood of new policies  on Real Estate Valuation. However let us first study what different… Continue reading IMPACT OF RECENT ECONOMIC POLICIES ON REAL ESTATE VALUATION

1.00                 In Indian Real Estate Market, we know that all transactions consist partly by cash payment & partly by cheque payment. Demonetisation of Old notes is not going to solve this problem. Like existence of Actual economy & Parallel economy in RE Market , we have existence of Intrinsic Value & Virtual Value of the… Continue reading INTRINSIC VALUATION AND VIRTUAL VALUATION

1.00                 Most of the practising valuer friends believe that valuation of the real estate is the simplest task for the valuer. This impression they have gathered by valuing hundreds of ownership premises by applying thumb rule : Area x Prevalent rate = Value of the premises. But when they have to value small size  or… Continue reading “ VALUATION OF LESSOR’S INTEREST IN A LEASEHOLD PROPERTY IN CHANGING INDIAN SCENARIO ”