Valuation based on Cost Comparison Approach is defines as -
(a) market value of another similar property, sold in the same locality in recent times after giving due respect to the differences between the two properties.
(b) Cost of land + cost of building as assessed separately.
(c) Value of the Property which is recorded in the Registrar's Office.
(d) Value as certified by Income Tax Department.
The correct Answer Is
(a) market value of another similar property, sold in the same locality in recent times after giving due respect to the differences between the two properties
(a) market value of another similar property, sold in the same locality in recent times after giving due respect to the differences between the two properties.
(b) Cost of land + cost of building as assessed separately.
(c) Value of the Property which is recorded in the Registrar's Office.
(d) Value as certified by Income Tax Department.
The correct Answer Is
(a) market value of another similar property, sold in the same locality in recent times after giving due respect to the differences between the two properties
