However, the final responsibility to address these concerns rests with the Service Provider. If there are any issues or shortcoming in such information / report, the User can address it directly with the Service Provider, and the Company shall also make best efforts to resolve the User concerns. Users shall ensure to satisfy themselves with the information / report received from the Service Provider. The Company continues and will continue to take utmost care in on-boarding best Service Providers however, the Company can't be held liable for any service quality guarantees. User hereby agrees that the Company reserves the right to change these terms and conditions at any point of time without notifying the User.Ĭompany carefully screens its Service Providers and onboards only those who have an impeccable service record in the industry. Use of User's information is subject to the terms of Company's Privacy Policy. User agrees that the Company, Service Provider(s) and/or their respective representatives can contact the User via phone, email or Whatsapp. The transaction between the User and the Company is on principal-to-principal basis.Īll confidential information (including name, e-mail address, physical address etc.) voluntarily revealed by the User is done at the sole discretion of the User. In connection with the same, the User has willingly provided their information and details on Company's portal or over email/telephonic exchange.Ĭompany is an online portal and acts only as a connector between the User and Service Provider for property valuation services and does not act as an agent of any of the parties (User and Service Provider). "User" means a company, partnership, proprietorship or any individual person who is purchasing the services of a Service Provider for Property Valuation Services via the Company portal. "Service Provider" means a company, partnership, proprietorship or any individual person engaged in the business of providing property valuation services and has agreed to provide such services to the User (defined in the following clause) based on the details of the User provided to it by the Company or by the User directly to the Service Provider Magicbricks Realty Services Limited shall hereinafter be referred to as the "Company". In such cases, this method is the best where the gross earringsĪre taken into account, the working expenses are deducted and the balance is the amount This type of method is employed for types of property that have a trade or a businessīeing run from there. Price is calculated by determining the current cost of buying the land and constructing This method is commonly used when there are no comparable properties. This takes into account the sales figureĪnd comparative values while working out the property value and rental yields.
Is another important aspect that is looked at while doing a property valuation.Ī valuer may employ below valuation methods: In addition, safety and security of the property
Proximity to major infrastructure developments. Where the key considerations are the property location, construction quality, maintenance and What would happen if the rent, lease, or mortgage you end up paying for the space causes a cash crunch every month? Prevent this by getting a profits method valuation done.In practice, all property Valuers follow a process You may also need the valuation report to get a bank loan.īusinesses – Businesses that plan to expand their bases need the right location. Property taxpayer – As a taxpayer, do you feel you are paying more property tax than your neighbours? A valuation report can give you the correct figures and reduce the tax burden.īuyer – If you are a buyer, then it is very important that you know if the property you are spending money on is worth the financial commitment. Check the valuation report for the current prices and future trends. Property investor – If you are a property investor, then online property valuation services will help you identify properties that are worth your money. Your buyers cannot low-ball you as you have professionally calculated values in hand. With this, you will know how much the property is worth and can avoid underselling it. Seller – If you want to put a particular property up for sale, it will be a very smart move to get the help of an expert who can create a property valuation report.
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