Course Modules

Module 1: Principles and Legal Framework of Land Valuation

• Concepts of value, price, and cost

• Objectives of land valuation: taxation, compensation, acquisition

• Legal frameworks governing land valuation (national & international)

• Overview of land laws, valuation acts, and relevant policies

• Case study: Legal challenges in compulsory land acquisition

Module 2: Valuation for Property Taxation

• Basis of property taxation (market value, annual rental value, capital value)

• Classification of properties and assessment rolls

• Property rating systems and revenue implications

• Practical exercise: Calculate property tax values for various parcels

Module 3: Valuation for Compensation and Land Acquisition

• Market value vs replacement cost

• Principles of fair compensation

• Valuation in compulsory acquisition and public infrastructure projects

• Social and economic impacts of compensation

• Hands-on: Prepare a compensation valuation report for a sample project

Module 4: Valuation Methods and Market Analysis

• Comparative (sales) method

• Cost method

• Income capitalization method

• Residual and investment-based valuation

• Land market dynamics, trends, and indicators

• Exercise: Apply three different valuation methods to a sample land parcel

Module 5: Valuation Reporting, Dispute Resolution, and Ethics

• Structure and content of valuation reports

• Valuation audit, quality control, and peer review

• Handling disputes and appeals in valuation cases

• Ethical practices and professional conduct in valuation

• Final Task: Prepare and present a professional valuation report