KJA & Sons provides a variety of professional building valuation services to end customers. Valuation is required when someone plans to buy or sell a property, Assess the tax of a property or determine the rent of a property.
Valuation is the technique of estimating or determining the fair price or value of a property such as Land, building, factory or other engineering structures of various types. By valuation, the present value of any such property can be defined. The present value of a property may be decided by its selling price, income or rent it may fetch.
Valuation of building mainly depends on the type of building, its structure and durability, the location, size, shape, width of the roadway, quality of material used in the construction and present-day price of materials.
Depending on the locality, if it is in the market area which has a higher value than the Residential area and on the specification/amenities which come with the buildings. The value of the building is determined by working out its cost of construction at the present-day rate and allowing a suitable depreciation.
Valuations are also done in the following scenarios:
- Buying or selling of property
- Security of loans or mortgage
- Compulsory acquisition by law
- Insurance
- To calculate Gross income
- Scrape value
- Market value
- Book value
- Rateable value
- Depreciation
- Obsolescence
- Depreciation Obsolescence
- Valuation of real property
For queries, or need any assistance regarding valuation services call us at +91-9400726668 or e-mail info@kjasons.com.