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Current standard measurement of farm land. A commonly used land measurement unit in Punjab is karam or square karam. [3] Other units include the Sarsai and units listed. [4] This the current system of measurement of farm land. All Units. 1 karam × 1 karam = 1 sq. karam. 5.5 feet × 5.5 feet = 30.25 sq. feet. 30.25 square feet = 1 Sarsai.
State must pay compensation at the market value for such land, building or structure acquired (Inserted by Constitution, Seventeenth Amendment) Act, 1964, the same can be found in the earlier rulings when property right was a fundamental right (such as 1954 AIR 170, 1954 SCR 558, which propounded that the word "Compensation" deployed in Article ...
The land property tax, called "territorial tax" or "contribution", is an annual amount paid quarterly by the property's owner. It is determined as a percentage of the property's "fiscal value", which is calculated by the Internal Revenue Service, based on the property's land and built area, construction materials, age, and use.
Uses in Bangladesh. Bigha is a traditional unit of land in entire Bangladesh, with land purchases still being undertaken in this unit. One bigha is equal to 20 Katha (14,400 square feet or 1,600 square yard) as standardized in pre-partition Bengal during the British rule. In other words, 3 bigha are just 0.5 Katha or 360 sq ft short of 1 acre.
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a ...
Floor Area ratio is sometimes called floor space ratio ( FSR ), floor space index ( FSI ), site ratio or plot ratio . The difference between FAR and FSI is that the first is a ratio, while the latter is an index. Index numbers are values expressed as a percentage of a single base figure. Thus an FAR of 1.5 is translated as an FSI of 150%.
t. e. The history of measurement systems in India begins in early Indus Valley civilisation with the earliest surviving samples dated to the 5th millennium BCE. [1] Since early times the adoption of standard weights and measures has reflected in the country's architectural, folk, and metallurgical artifacts. [1]
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