M.Sc.

REAL ESTATE VALUATION

(FIRST YEAR)
Assignment
ACCOUNTANCY AND STATISTICS

1. (a) Write about the double entry system and their advantages.
(b) Draw the trend line by the semi average method using the given data
below
Year 1980 1981 1982 1983 1984 1985

Scales(000s) 75 85 82 80 67 92

2. (a) Fixed cost of the company is Rs1, 00,000/-. Sales are Rs3, 00,000/-.
Variable cost per unit is Rs5/, Selling Price/unit is Rs30/-. Find
(1) BEP Quantity
(2) BEP Sales
(3) Margin of safety(MOS)
(4) If selling price increases by 10% what is the BEP Sales?
(5) If Fixed Cost is increased by 50% what is the New BEP Quantity.

(b) Discuss with details of method construction of Index numbers.

VALUATION OF REAL ESTATE- I

1. (a). Give five different types of ‘value’ of an immovable property and explain
difference by giving example.
(b) (i). Explain the difference between words curt, price and value in context of
immovable property.
(ii). Valuation is an art, science or both? Explain by giving reasons

2. (a). A leaser will receive back leased property worth Rs.20,00,000/- after 10
years. Calculate its present worth by adopting 6% rate of interest.
(b) A lessee took a plot on 60 years lease and on the plot be built a house
yielding net income of Rs. 15,000/- year. After 30 years, he decided to
sale the property. Calculate present sale value of the property if
expected yield on investment is 8% and rate of redemption of capital is
3%.
3. (a) Explain “wealth tax act 1957”.

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 (b). A bungalow property at amdaved is sold on October 2006 for
Rs.151,00,000/- value the property for wealth tax purpose as on
31.3.2006 from the following details. Area of the plot = 1600 sq. mts
Ground floor building plinth is 300 sq. mts. Year of constriction 1964
N.R.V of the bungalow is Rs. 18,000/- A.M.C. tax is 45%

4. (a). What are the advantages and disadvantages of Rent control act?
(b). A commercial building of ground and three upper floor is recently
constructed on the plot admeasuring 1200sq.mts are in Chennai work
out standard rent for 2nd floor if ground floor 1st floor and 2nd floor area
is 500 sq.mts per floor and 3rd floor built up floor area is 300sq.mts
prevalent land rate in locality is Rs. 40,000/- sq. mts and prevalent cost
of construction is Rs.12,000/- sq. mts
SURVEYING

1. a)Define surveying explain its importance for real estate valuation.

b)Classify surveying on the basis of instruments used and name all
equipment necessary for field work involving.
2. a) What is an azimuth?
b)Convert the following W.C.B to R.B
i) 66 – 30' ii) 130 – 15' iii) 205 – 20' iv) 265 – 10'
v) 320 – 15'
c) How are centering and leveling done in plane tabling?
d) Name the different instruments and accessories used in
plane table survey
TOWN AND REGIONAL PLANNING

1. (a). Discuss about the Site planning

(b) Explain the Layouts and Building bye laws.

2. (a). Explain the Master Plan and its rules and regulations of authorities.
(b) Explain Development control
LAWS FOR ACQUISIION AND CONTRACT

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 1. a) What are the salient features of Indian Constitution?
b) What are the different sources of Law?
2.a) What is meant by valid , void, voidable and Quasi contract ?
(b) What are the judicial remedies that are available in relation to torts?
Explain the nature of each of such remedies
BUILDING CONSTRUCTION PRACTICE
1. (a) Write the important terms used in building drawing as per National Building
Code 1970
(b) Draw the plan of a single storied residential building with hall living, two
beds with attached toilet and common stair case with R.C.C flat roof. Plan can be
drawn to Not to Scale.
2. (a) Discuss in detail about the various type of foundations.
(b) List the types of bonds in Brick work and explain in detail about English
bond and Flemish bond with neat sketch.
PRINCIPLES OF RATING AND INSURANCE

1. (a) Trace the history of rating in U.K to bring out as to how the concept of
“annual value” developed.
(b). What are the bases of Rating in our country? Discuss briefly

2. (a) Given an account of the evolution of the concept of “reasonable letting

value” under successive judicial decisions in India.
(b) State how Balbir Singh’s case settled the issue of standard rent being
the basis of rateable value in respect of residential property.