The distress value is the price that the house would fetch at once. So, if the assets are worth Rs 1 crore, its misery price will be Rs eighty lakh. The financial institution will provide a quantity much less than the misery cost,” says the bank of India professional property.
The most popular of the property valuation methods is the income contrast method. Also known as the market data or similar sales approach, this method is in general used for land and home actual estate, especially single-family homes
You will get an estimate of fee by using evaluating the subject assets with currently bought residences (called comps). This method is nice for residential actual property.
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