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Property

Valuation

Valuation is the art and science of determining the value of assets, such as real property, for various purposes. These purposes can include renting, buying, selling, auditing, rating, compulsory purchase, and taxation. The specific purpose and relevant circumstances play a crucial role in determining the appropriate assumptions and facts to be considered in the valuation process.

Rateable value

When discussing property taxes in India, it's important to understand the concept of "rateable value." This is the value upon which the tax is calculated, and it is determin...

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Green field site

A parcel of land, typically situated on the outskirts of a municipality or in a less developed area, that has previously remained untouched but is now being considered for d...

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Serviced accommodation

A knowledgeable finance professor would explain that when a landlord offers a range of services beyond the maintenance of a building or its installations, it is referred to ...

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Sale and leaseback

In the world of real estate, there exists a concept known as "sale and leaseback." This arrangement involves a property owner, whether a freeholder or lessee, selling their ...

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