TY - BOOK AU - Rangwala, S. C. & others TI - Valuation of real properties U1 - 657.73 PY - 1996/// CY - Anand PB - Charotar Pub. House N1 - CONTENTS Chapter I VALUE General - Doctrine of estate - Types of estates in England - Land systems in India - Cost, price and value - Concept of the term value - Purposes of valuation Different forms of value - Supply and demand forces - - Occupation value and investment value - Factors affecting changes in market value - Concepts of right of compulsory purchase and value in India - Emergence of profession of real estate valuation in India - Role of the valuer - New horizons of valuation - Questions .1-43 Chapter II INVESTMENT IN REAL PROPERTY -General - Characteristics of land - Investment - Investment market - Investment opportunities - Characteristics of ideal investment - Interest on capital - Nature of real property - Factors affecting real property market - Determination of value of real property - - Estate brokers - Questions . 44-76 Chapter III INTERESTS IN REAL PROPERTY General - Types of interests - Freehold interests - Leasehold interests - Mortgage - Development process - Problems - Questions77-111 Chanter IV METHODS OF VALUATION General - Methods of valuation for open lands - Methods of valuation for lands with buildings - Conclusion - Problems - Questions . 112-174 Chapter V OUTGOINGS Definition - Usual types of outgoings - Conclusion - Questions 175-183 Chapter VI DEPRECIATION Meaning of the term - Depreciation as cost in operation - Depreciation as decrease in worth - Methods for estimating cost depreciation - Cost of construction - Costdepreciation and value depreciation - Reproduction cost and replacement cost - Conclusion - Problems - Questions. .. 184-207 Chapter VIIVALUATION OF LICENSED PREMISES General - General principle of valuation - Valuation of a cinema - Valuation of a hotel - Problems - Questions . 208-227 Chapter VIII VALUATION OF LIFE INTERESTS General -Types of life interest - Mortality tables - Compilation of mortality tables - Application of mortality tables - Jellicoe's formula - Problems - Questions. . 228-243 Chapter IXVALUATION FOR RATING General - Definitions - Principles of rating Rent as evidence of annual value - Hypothetical tenant and hypothetical rent -Exemptions from rateability - Process of assessment - Methods of assessment - Conclusion - Questions, .. 244-259 Chapter X VALUATION OF-AGRICULTURAL LANDS General - Importance - Factors affecting value of agricultural land -Methods of valuation of agricultural lands - Agricultural land and direct tax laws -Questions. . 260-271 Chapter XI FINANCE FOR INVESTMENT IN REAL PROPERTIES General - Terms of borrowing - Sources of borrowing - Gearing and equity - Conclusion - Problems - Questions272-285 Chapter XII VALUATION TABLES General - Valuation tables 1 to VH1 .. 286-314 Chapter XIII MISCELLANEOUS TOPICS General - Capitalised value - Cost inflation index - Deferred or reversionary land value - Discounted cash flow - Encumberance factor - Floating F.S.I. - Forms of rent - Life of structures - Mobilisation fund - Rate of interest - Record of rights - Valuation as a going concern - Year's purchase - Questions 315-365 Chapter XIV EASEMENTS General - Definition - Essential characteristics of easements - Creation of easements - Extinguishment of easements - Easements and natural rights - Effect on valuation due to easement - Problems - Questions 366-377 Chanter XV STANDARD RENT General - Objects of Rent Act - Meaning of standard rent - Exemptions from the Rent Act - Process of fixing standard rent - Methods of ascertaining standard rent - Important factors - Inheritance of tenancy right - Paying guests and Rent Act - Recovery of possession from tenant by landlord - Conclusion - Problems - Questions. .. 378-396 Chapter XVICOMPULSORY ACQUISITION OF LAND General - The Land Acquisition Act, 1894 - Important aspects of the L.A. Act, 1894 - Conclusion - Problem - Questions397-408 Chapter XVII THE TRANSFER OF PROPERTY ACT General - Meaning of transfer - Definition of transfer of property - Requirements of a valid transfer - Continent interest - Conditional transfer - Sales of immovable property - Mortgages of immovable property - Leases of immovable property - Exchanges - Gifts - Actionable claims - Conclusion - Questions. . 409-419 Chapter XVIII URBAN LAND CEILING ACT General - Selection of towns - Objects of the Act - Important provisions in the Act - Effects of the U.L.C. Act - Summary - Questions. ..420-427 Chapter XIX TYPICAL PROBLEMS Problems 1 to 14 428-447 Appendix I - IMPORTANT JUDGEMENTS AND DECISIONS448-476 Appendix II - VALUATION TABLES I TO VIII .477-626 BIBLIOGRAPHY 627-628 INDEX 629-632 ER -