Retail Banking - > Valuation of Real Property

Valuation is a specialized area practiced by qualified engineers and architects who posses knowledge of building costs, awareness of market conditions and economic trends, development plans, legal statutes and provisions, governing real property, rental income and outgoings etc.

Income Tax department grants registration to valuers u/s 34AB of the wealth tax of 1957.

The Institute of Valuers, Delhi is a professional body that grants membership to practicing Valuers.

The factors that influence the return from agricultural land are –

a.           Land

b.           Soil Quality

c.           Availability of Water & Electricity

d.           Size of Holding

e.           Clear Title of Land

f.            Access by Road and Approaches

g.           Cottage or Farm house, fencing and gates

h.           Types of crops that can be cultivated

Valuation Method of Agricultural Land

i)             Income Capitalization Method

ii)           Sales Statistics Method

Valuation Method of Open (Urban) Land

i)             Comparative Method

ii)           Rent Capitalization Method

iii)          Belting Method

Valuation Methods of Land with Building

i)             Comparative Method

ii)           Rent Capitalization Method

iii)          Valuation based on Profit

iv)         Valuation based on cost

v)           Development Method

vi)         Valuation of Specialized Building

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        Depreciation        
        FSI/FAR     
        YP (Year Purchase)