A Review on Study of Practices of Valuation Methods with respect to Case Study

Valuation is the technique of determining the value of a property such as commercial, residential agricultural land and industrial. Valuation is an art of process of estimating value, depending on the circumstances of the case, Purpose for which valuation is needed, at a given time, place and market condition. Value is determined on basis of its selling price and rent or income it can fetch. A property valuation offers benefits to both buyer and seller. The valuation of real estate is a central tenet for all businesses. Land and property are factors of production and as with any other asset, the value of the land flows from use to which it is put. This study is based on systematic research in the field of valuation. It will be helpful to all the users as well as professionals who want to work as a valuer. This study directly introduces users with actual practice of valuation carried out in the field so that they can compare the theories and actual methodology.