International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 10 Issue: 06 | Jun 2023
p-ISSN: 2395-0072
www.irjet.net
Valuation of Residential Property (Bungalow) in Maharashtra. Swapnil Vishvanath Gosavi 1, Dr. Arun.K.Dwivedi2. 1M.Tech(Valuation)Student,Departmentof Civil Engineering, Sandip University, Nashik, India. 2 Professor, Department of Civil Engineering, Sandip University ,Nashik, India.
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Abstract - The valuation of residential properties is critical
2.3 Sampling Strategy: Outlines the selection criteria and methods for obtaining a representative sample of residential bungalows.
in many real estate transactions, including buying, selling, insurance, and taxation. This study paper attempts to provide an in-depth investigation of the residential property valuation process, with a specific focus on bungalows in the Indian state of Maharashtra. The study investigates the elements influencing property valuation, the procedures used for property appraisal, and the specific concerns unique to Maharashtra bungalows. This paper aims to contribute to the understanding of residential property valuation in Maharashtra and provide insights for property buyers, sellers, and real estate professionals through a comprehensive review of existing literature and the application of quantitative and qualitative research methods .
2.4 Data Analysis: Employs statistical techniques and valuation models for quantitative data and thematic/content analysis for qualitative data. 2.5 Ethical Considerations: Addresses privacy, confidentiality, and informed consent, adhering to ethical guidelines and obtaining necessary approvals. 2.6 Limitations and Validity: Acknowledges limitations, biases, and enhances validity and reliability through triangulation and expert validation.
Key Words: Valuation, Residential property, Bungalow, Maharashtra, Property Appraisal
1. INTRODUCTION
2.7 Results and Interpretation: Presents findings through statistical summaries, charts, tables, and qualitative narratives for comprehensive understanding. The data collection process for the valuation of residential properties (bungalows) in Maharashtra involve both primary and secondary sources. Here is an outline of the data collection methods that have been utilized
The valuation of residential properties, particularly bungalows, is of great importance in various real estate transactions. Accurate property valuation is crucial for buyers, sellers, and real estate professionals in Maharashtra, India. This research paper aims to delve into the valuation process for residential bungalows in Maharashtra, exploring the factors influencing valuation, the methods employed for appraisal, and the specific considerations unique to this region. By analyzing existing literature and conducting quantitative and qualitative research, this paper seeks to contribute to understanding property valuation in Maharashtra and provide insights for stakeholders involved in real estate transactions.
2. RESEARCH METHODOLOGY. The research methodology for valuing residential bungalows includes the following components: 2.1 Research Design: Specifies the overall framework and approach, considering qualitative and quantitative methods. 2.2 Data Collection: Utilizes various sources such as property databases, market reports, interviews, surveys, and government records.
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