METHOD OF VALUATION FOR OPEN LANDS
The open lands cab broadly be divided in two categories , namely, urban lands and farm lands. The urban lands are classified in different ways such as residential, industrial, etc. and the value of such lands primarily depends on the potentiality of their development by constructing appropriate structures over them. The farm lands are agricultural fields and they are capable of producing earnings themselves. . The valuation methods of urban open lands will now be briefly discussed. ……………..
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