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Located south of Bangalore Palace, Vasanth Nagar is an upscale neighbourhood in the heart of the city. One of the busiest commercial areas in the city Cunningham Road is located in Vasanth Nagar. Due to its proximity to other commercial areas and luxury hotels, this locality has gained high real estate value. R. T. Nagar
The Constitution of India originally provided the right to property is a legal right under government only (which includes land) under Articles 19 and 31. Article 19 guaranteed that all citizens have the right to acquire, hold and dispose of property. Article 31 stated that "no person shall be deprived of his property save by authority of law."
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.
Property values have had quite a run since the 2020 pandemic, more than doubling in many markets. Between that run-up, high inflation the past two years, persistently high interest rates and the ...
The Karnataka Wakf Board is a Muslim charitable trust that manages and oversees property that have been donated for use by the poor. [4] The report commissioned by Manippady alleges that the Karnataka Wakf Board had allowed almost 50% of its land to be misappropriated by politicians and board members, in collusion with the real estate mafia for ...
The Bangalore Metropolitan Region Development Authority (BMRDA), is an autonomous body created by the Government of Karnataka under the BMRDA Act 1985 for the purpose of planning, co-ordinating and supervising the proper and orderly development of the areas within the Bengaluru Metropolitan Region (BMR) which comprises Bengaluru Urban district, Bengaluru Rural district and Ramanagara District.
It also includes analysis by geography, type of buyer, type of dwelling, property status (whether the property is a new build or not), and funding status (cash or mortgage). Several guidance documents[2] are published alongside the release explaining its methodology and the difference between the different sources of official house price ...
If the value of the commercial lot as vacant in "House B" exceeds the value of house as a residence as improved plus demolition costs, the overall highest and best use of this property would be the as vacant value of the commercial lot. For example, assume that "House B" has a value as a house of $200,000, and a site value as a commercial lot ...