Valuation based on Income Approach is defines as -

[Dnyan Deshmukh]

Valuation based on Income Approach is defines as -

(a) market value of another similar property, sold in the same locality in recent times

(b) cost of land + cost of building

(c) value of the Property which is recorded in the Registrar's Office.

(d) Property that brings annual rent to the owner & is likely to earn this rent for a number of years.

The correct Answer Is
(d) Property that brings annual rent to the owner & is likely to earn this rent for a number of years