“Valuation”

Valuation of Empty Land

2
 Belting Method

3
 Belting Method
➢ The plot ABCDEFA having a pond area of 20 m × 10 m as
given in the figure below. If the land to a depth of 40 m in
the locality is found to have been valued at Rs. 1500 / sq m.
Estimate the value of the plot of land ABCDEFA stating all
assumptions

4
 D(0,115) E(80,115)

The pond is
The plot of land 20 m × 10 m
is shown in the
figure

C(0,40) B(30,40)

5
A(50,0) F(80,0)
 D(0,115) E(80,115)

The plot of land

is divided into
sections or parts
as shown

C(0,40)
B(30,40) Therefore
In the Question it is mentioned: the width of
“If the land to a depth of 40 m in the front
the locality is found to have been belt is
valued at Rs. 1500 / sq m.” considered
to be 40 m
A(50,0)
6
F(80,0)
 D(0,115) E(80,115)

The
The plot of land
width of
is divided into
the
sections or parts
second
as shown
belt is 1.5
times the
width of
first belt
C(0,40)
B(30,40)

A(50,0)
7
F(80,0)
 D(0,115) E(80,115)
The width
of the third
belt is 1.5
times the
width of
The plot of land second belt
is divided into or if so
sections or parts much land
as shown is not
available
then
whatever is
available
C(0,40)
B(30,40)

A(50,0)
8
F(80,0)
 D(0,115) E(80,115)
So,
remaining
land forms
the third
belt
The plot of land
is divided into
sections or parts
as shown

C(0,40)
B(30,40)
The belts are
parallel to the
front road or
the side AF

A(50,0)
9
F(80,0)
 D(0,115) E(80,115)

TBR - 6 TB - 3

The plot of land

is divided into
sections or parts SBR - 5
as shown SB - 2

C(0,40)
B(30,40) FBR - 4
Name the
Sections of FB - 1
the Land

A(50,0)
10
F(80,0)
 D(0,115) E(80,115)

TBR - 6 TB - 3

In the Question it
is mentioned: “If
the land to a
depth of 40 m in
SBR - 5
the locality is
SB - 2
found to have
been valued at
Rs. 1500 / sq m.”

C(0,40)
B(30,40) FBR - 4
So the value of the
front belt is taken as
Rs. 1500 / sq m.” FB - 1

P = Rs. 1500 / sq m.
A(50,0)
11
F(80,0)
 D(0,115) E(80,115)
TBR - 6 3 1 TB - 3
Value = 𝑃 1
4 2 Value = 𝑃
2

So the value of the

other parts of the SBR - 5
land will be as given 3 2 SB - 2
Value = 𝑃 2
4 3 Value = 𝑃
3

C(0,40)
B(30,40) FBR - 4
3
Value = 𝑃 FB - 1
4
Value = P
P = Rs. 1500 / sq m.
A(50,0)
12
F(80,0)
 ➢ The Solution is to be presented in tabular form as given below:
Length/ Width / Area Total
Plot No Price Rate
Altitude Base (sq.m) Value
= (a) x
(a) (r)
(r)
FB - 1 40 30 1200 P 1500 1800000
SB - 2 60 30 1800 (2/3)P 1000 1800000
TB - 3 15 30 450 (1/2)P 750 337500
FBR - 4 40 20 400 (3/4)P 1125 450000
SBR - 5 60 50 3000 (3/4){(2/3)P} 750 2250000
TBR - 6 15 50 750 (3/4){(1/2)P} 562.5 421875
SUM = 7059375
Deduction for the tank filled land or Pond:
The Pond is within the SB - 2 plot and therefore
the value of the pond area will be half of the value of SB - 2
Pond 10 20 200 (1/2){(2/3)P} 500 100000

Therefore Value of the entire plot of land = 6959375

13
 Belting Method
➢ The coordinates of a plot of land ABCDEFGHA are given below.
Coordinates A B C D E F G H
X-axis 25 25 10 10 100 100 55 55
Y-axis 0 20 50 80 80 50 50 0
➢ The pond or a tank filled land within the plot are given by the
coordinates PQRS
Coordinates P Q R S
X-axis 55 55 70 70
Y-axis 60 70 70 60
➢ If the land to a depth of 20 m in the locality is found to have been valued
at Rs. 1600 / sq m. Estimate the value of the plot of land stating all
assumptions

14
 D(10,80) E(100,80)

Q(55,70) R(70,70)

P(55,60) S(70,60)
C(10,50)
G(55,50) F(100,50)

B(25,20)

15 A(25,0) H(55,0)
 E(100,80)

TBR - 5 TB - 3 Pond TBR - 6

SBR - 4 F(100,50)

SB - 2

FB - 1

16
 TBR - 5 TB - 3
1 TBR - 6
3 1 Value = 𝑃 3 1
Value = 𝑃 2 Value = 𝑃
4 2 4 2

SBR - 4
3 2
Value = 𝑃
4 3 SB - 2
2
Value = 𝑃
3

FB - 1
Value = P
17
 ➢ The Solution is to be presented in tabular form as given below:
Length/ Width / Area Total
Plot No Price Rate
Altitude Base (sq.m) Value
(a) (r) = (a) x (r)
FB - 1 20 30 600 P 1600 960000
SB - 2 30 30 900 (2/3)P 1066.67 960000
TB - 3 30 30 900 (1/2)P 800 720000
SBR - 4 30 15 225 (3/4){(2/3)P} 800 180000
TBR - 5 30 15 450 (3/4){(1/2)P} 600 270000
TBR - 6 30 45 1350 (3/4){(1/2)P} 600 810000
SUM = 3900000
Deduction for the tank filled land or Pond:
The Pond is within the TBR - 6 plot and therefore
the value of the pond area will be half of the value of TBR - 6
Pond 10 15 150 (1/2){(3/4){(1/2)P}} 300 45000

Therefore Value of the entire plot of land = 3855000

18
 Belting Method
➢ The coordinates of a plot of land ABCDEFGHA are given below.
Coordinates A B C D E F G H I
X-axis 80 80 40 30 10 10 130 110 110
Y-axis 0 20 20 40 40 120 120 40 0
➢ The pond or a tank filled land within the plot are given by the
coordinates PQRS
Coordinates P Q R S
X-axis 90 110 110 90
Y-axis 100 100 90 90
➢ If the land to a depth of 40 m in the locality is found to have been valued
at Rs. 1500 / sq m. Estimate the value of the plot of land stating all
assumptions. The face AI is on a roadway

19
 F(10,120) G(130,120)

P(90,100) Q(110,100)

S(90,90) R(110,90)

E(10,40)
D(30,40) H(110,40)

B(80,20)
C(40,20)

20 A(80,0) I(110,0)
 TBR
TBR - 7 TB - 3
-8

SBR
-6
SBR - 5 SB - 2

FBR - 4

FB - 1

21
 Value =
3 1 1
Value = 𝑃 Value = 𝑃 3 1 𝑃
4 2 2 4 2

Value =
3 2
𝑃
3 2 4 3
Value = 𝑃 2
4 3 Value = 𝑃
3

3
Value = 𝑃
4
Value = P

22
 ➢ The Solution is to be presented in tabular form as given below:
Length/ Width / Area Total
Plot No Price Rate
Altitude Base (sq.m) Value
(a) (r) = (a) x (r)
FB - 1 40 30 1200 P 1500 1800000
SB - 2 60 30 1800 (2/3)P 1000.00 1800000
TB - 3 20 30 600 (1/2)P 750 450000
FBR - 4 20 45 900 (3/4){P} 1125 1012500
SBR - 5 60 70 4200 (3/4){(2/3)P} 750 3150000
SBR - 6 60 15 450 (3/4){(2/3)P} 750 337500
TBR - 7 20 70 1400 (3/4){(1/2)P} 562.5 787500
TBR - 8 20 17.5 350 (3/4){(1/2)P} 562.5 196875
SUM = 9534375
Deduction for the tank filled land or Pond
The Pond is within the SB - 2 plot and therefore
the value of the pond area will be half of the value of SB - 2
Pond 10 20 200 (1/2){(2/3)P}} 500 100000

23 Therefore Value of the entire plot of land = 9434375

24
Thank You.....