Mastering Real Estate Valuation is the fruit of years of teaching, writing, research and valuing empowering owners and decision makers like investors, governments, tax authorities. Irving Fisher described valuation as a human process in which foresight enters. The book covers basic to advanced valuation specially for varsity curricula. The RICS and IVS are excerpted. Indian legislation is featured but the principles apply to other countries too. Globalisation, liberalisation, FDI have been dealt with. Capital Gains Tax is for gainful disposal of real estate while mortgage valuation determines loans. Methods of school, airport, hotel, supermarket, hospital, bakery and warehouse valuation are covered. Income capitalisation techniques and numerous leasehold problems are special interest while valuation reckoners are provided.

Following the US sub-prime crisis of 2008, world real estate and share prices fell. In 1997’s debacle the Bank of Thailand crashed depressing the economies of Indonesia, South Korea & Thailand; affecting Hong...