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VALUATION & ESTATE MANAGEMENT

Module-based professional certification path: Cert-A, Cert-B, and Cert-C leading to full VESM designation.

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Fee Structure

CERT-A (Module 1.01A) ₹ 12,000/-
CERT-C (Module 1.01B) ₹ 10,000/-
CERT-D (Module 2.01A) ₹ 8,000/-
FULL COURSE ₹ 25,000/-

MODULE 1.01A.

VALUATION OF REAL ESTATE (CERT-A)

DURATION: 16 HOURS
ROLE: REAL ESTATE VALUER

Real Estate Valuation (Part 1)

  1. The Valuer's Role and function
  2. Cost, price and value
  3. Purpose of valuation
  4. Assumption
  5. Different approaches and methods of valuation
  6. Basic elements of value - marketability, utility, scarcity, and transferability –
  7. DCF Annuities; capitalization and rate of capitalization; years purchase; sinking fund; redemption of capital; reversionary value –
  8. Computation
  9. Obsolescence and classifications of obsolescence
  10. Construction and use of valuation tables

Laws in Real Estate

  1. Land acquisition - the right to fair compensation and transparency in the land acquisition, the Rehabilitation and Resettlement Act, 2013
  2. General building rules and regulations

Real Estate Valuation (Part 2) and Report writing

  1. International Valuation Standards/RICS (general standard)
  2. Basis of Value
  3. Premise of Value : Highest and best use, value in use, value in exchange –
  4. Value concepts in different standards
  5. Assumptions and Special Assumptions
  6. Minimum contents of assignment
  7. Minimum contents of report writing

Professional Ethics for Valuers

  1. Code of Professional Ethics & Conducts
  2. Ethical rules

MODULE 1.01B.

ESTATE MANAGER (CERT-C)

DURATION: 12 HOURS
ROLE: ESTATE MANAGER

Urban Land Planning

  1. Authority for Management of Land
  2. Classification of lands
  3. Characteristics of Urban Land
  4. Functions in urban land management
  5. Scope of planning at different levels
  6. Steps in urban land planning
  7. The elements of town planning

Real Estate Management (Part 1)

  1. Concept of Real Estate
  2. Real Property Economics
  3. Legal interest in Real Estate Management
  4. Financial Aspect in Real Estate Management
  5. Characteristics of real estate as an investment
  6. Promoter – Code of Conduct

Real Estate Management (Part 2)

  1. Joint Venture development of the Property
  2. Management of a High – rise Building with Multiple Tenements
  3. Management of ownership Apartment
  4. Management of Co – Operative Housing
  5. Management of Commercial Property
  6. Industrial Property – Disinvestment of Ongoing industry

Laws

  1. Indian legal system: salient features of the Indian Constitution
  2. fundamental rights, directive principles of state policy Preliminary Laws of contract and Tort

MODULE 2.01A.

SPECIAL COURSES (CERT-D)

DURATION: 12 HOURS
ROLE: Technologists / Technocrats

Environmental Law

  1. Introduction
  2. Environmental Law in the Indian Constitution
  3. Core Env. Legislations
  4. Forest, Wildlife and others
  5. Environmental Case Laws
  6. Judicial Remedies

Basic Economics

  1. Basic Concepts
  2. Consumption
  3. Product Pricing: Perfect Competition
  4. Monopoly
  5. Monopolistic Competition & Oligopoly
  6. Factor Pricing

Basic Finance

  1. The Book keeping Language
  2. Important terms used
  3. Types Of Business Organization
  4. Types of Business Activity
  5. Net present value
  6. Notes on Journal
  7. Basic understanding of Financial Statement
Specially designed for Technologists/Technocrats