FREE COMPLETE STUDY MATERIAL NOTES FOR IBBI EXAMINATION
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ONLINE BATCH STUDY MATERIAL-50 HRS EDUCATIONAL COURSE UNDER RULE 5(1) READ WITH RULE 12(2)(a) FOR REGISTRATION AS VALUERS UNDER THE BANNER OF CEV IAF RVO
UNIT-2
CHAPTER-3
PURPOSES OF VALUATION
Valuation is the technique of estimating and determining the fair price or value of a property such as a building, a factory or other engineering structures, plant & Machinery of various types, land etc. In real properties, there are various purposes for which valuation may be required.
It is essential to know exactly for what purpose the valuation is being prepared. Valuation is an art and professionals have to consider all pros and cons of the various factors affecting valuation. Broadly speaking, valuation may be required to be done for the following purposes………….
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