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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Wed Jun 25, 2014 11:33 pm    Post subject: CPWD Building COST INDEX VOLUME II Reply with quote



Last edited by amibrahim on Fri Apr 14, 2017 6:32 pm; edited 30 times in total
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Sat Jul 05, 2014 5:06 am    Post subject: CI MYSORE CIRCLE 1/4/2014 Reply with quote

 Karnataka Region: Mysore Circle CPWD BLDG CI  w.r.t DPAR 1/10/2012:




Karnataka CI as of 1 Oct 2016 wrt PAR 2012 26099.pdf
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18703 (1) Karnataka OCT 15.pdf
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10980 CI 1 4 14 Z - III Bangalore.pdf
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15112 (1)Karnat apr 15.pdf
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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Sun Jul 06, 2014 1:17 pm    Post subject: Valuation Fee Index Reply with quote

Dear Sir,

Thank you very much for contious education you are offering to valuers. I highly appericiate your such service towards valuers community.

Will you help valuers in divising Inflation Index which is useful in diriving fees payable to valuers because of high inlfation in India ?

Kindly through light on that as well. As after learining various things you tought, when we prepare valuation report with such high quality, clint reject our quality work and happy with ordinary work , and like to pay fees which could be at such rate in which it is feasible to offer service in year 1980-85,

However due to increase in inflation, it is not possible to provide quality service at low fees.

Any comments from you on this topic ?

Please advice.

Thanks,

Mohit Mehta

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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Thu Jul 10, 2014 9:53 am    Post subject: Valuer Status and scale of fees Reply with quote

 Dear Mohitji

Indian judiciary has recognized the report of a valuer. The reporter. I.e. the valuer status is not recognized by many clients particularly the Corporate Clients. In  my view,  the principles of natural justice are not followed in the valuation profession;

PRINCIPLES OF NATURAL JUSTICE:

1. Audi alteram partem. I.e. A legal principle of fairness. Also worded as audiatur et altera pars (let the other side be heard too).

2. Nemojudex in causa sua. I.e. no woman or man shall be a judge in her / his own caus. Legal principle that no individual can preside over a hearing in which he holds a specific interest or bias.

We all know that Valuers Bill is pending for a long time and no revision of fees for a very long time from the appropriate authority. My understanding is that the Central Board of Direct Taxes (CBDT) is the competent authority for notifying such scale of fees and we hope the new scale of fees will soon be published taking into consideration of the cost of living. Further, the Government must instruct all banks and Public sector undertakings to pay as per prescribed scale of fees.

I heard many years ago, the minimum valuation fee for a certified appraiser in the U.S was USD 500. Some banks in India are reported as paying in June 2014 INR 500 per valuation report plus insult to valuers; it can be with due respect, plus inflation added and current exchange rate of USD 500.

I am reproducing my suggestion to the Ministry of Corporate Affairs, Government of India w.r.t Companies Act Draft Rules regarding technical and financial valuation:

Suggestion: 

Rule 17.2.1 & 17.2.2.: Under the instruction of CBDT, all Chief Commissioners of Income-tax are maintaining a Register of Valuers under the Wealth-tax Act 1957 u/s 34 AB for Category (Cat) I: Immovable Properties, Cat II: Agricultural lands, Cat III: Coffee-tea, rubber, or cardamom plantations, Cat IV: Forest, Cat V: Mines & Quarries, Cat VI: Stocks, Shares, Debentures, Securities, Shares in partnership firms and business assets including goodwill but excluding those referred to in any other categories, Cat VII: Machinery & Plant, Cat VIII: Jewellery, Cat IX: Works of Art and Cat X: Life interest reversion and interest in expectancy.

Valuers registered with CBDT status-quo can be maintained. Registered Valuers’s status can be like Architects, Advocates and Chartered Accountants. All valuers are given equal opportunity in valuation assignments in Government and private sectors in every place in India. Independent valuer’s role (Sole-proprietorship) in job assignment and status can be safeguarded.

Rule 17.2.3 Valuation fee as per Annexure B, if once notified by Government, all banks in India (Local or foreign) are to be abided by that fee structure, which is currently not fully followed.

Justification for Rule 17.2: There are registered valuers registered in the Register of Valuers for decades, from sixties to current digital era. Therefore for a smooth transition, the status quo of existing panel can be maintained.

The Status of Registered Valuers: “The legal status of Registered Valuer’s Report is recognized by judiciary as “Once there is a report by the registered valuer it is incumbent upon an authority to dislodge the same by bringing adequate material on record in the form of departmental valuation report, because in absence of the same a technical experts opinion (registered valuers report) cannot be dislodged by any authority by merely ignoring the same”. (Source:  (2002) 174 CTR Guj 90 ^  http://indiankanoon.org/doc/1123736/.” (2002) 174 CTR Guj 90).

 But the Status of Registered Valuers needs to be recognized like Advocates. Architects and Chartered Accountants in the spirit of the above judicial pronouncement. The one of principles of natural justice, “audi alteram partem” i.e. the judicial fairness is invited here.

The valuers are not given the required status and fees by some or many banks. Valuers role is vital for management of NPA (Non-performing assets) of banks. The net non-performing assets (NPAs) of banks had gone up 51% in FY13 to INR.92,825/- crores. According to a recent CRISIL report, the gross NPAs of banks are slated to increase from 3.3% in March 2013 to 4% by March 2014.

Thanks

Regards

A.M.IBRAHIM



Last edited by amibrahim on Thu Jul 10, 2014 9:30 pm; edited 1 time in total
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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Thu Jul 10, 2014 1:33 pm    Post subject: Re: Valuer Status and scale of fees Reply with quote

[quote="amibrahim"]

 Dear Mohitji

Indian judiciary has recognized the report of a valuer. The reporter. I.e. the valuer status is not recognized by many clients particularly the Corporate Clients. In  my view,  the principles of natural justice are not followed in the valuation profession;

PRINCIPLES OF NATURAL JUSTICE:

1. Audi alteram partem. I.e. A legal principle of fairness. Also worded as audiatur et altera pars (let the other side be heard too).

2. Nemojudex in causa sua. I.e. no man shall be a judge in his own caus. Legal principle that no individual can preside over a hearing in which he holds a specific interest or bias.

We all know that Valuers Bill is pending for a long time and no revision of fees for a very long time from the appropriate authority. My understanding is that the Central Board of Direct Taxes (CBDT) is the competent authority for notifying such scale of fees and we hope the new scale of fees will soon be published taking into consideration of the cost of living. Further, the Government must instruct all banks and Public sector undertakings to pay as per prescribed scale of fees.

I heard many years ago, the minimum valuation fee for a certified appraiser in the U.S was USD 500. Some banks in India are reported as paying in June 2014 INR 500 per valuation report plus insult to valuers; it can be with due respect, plus inflation added and current exchange rate of USD 500.

I am reproducing my suggestion to the Ministry of Corporate Affairs, Government of India w.r.t Companies Act Draft Rules regarding technical and financial valuation:

Suggestion: 

Rule 17.2.1 & 17.2.2.: Under the instruction of CBDT, all Chief Commissioners of Income-tax are maintaining a Register of Valuers under the Wealth-tax Act 1957 u/s 34 AB for Category (Cat) I: Immovable Properties, Cat II: Agricultural lands, Cat III: Coffee-tea, rubber, or cardamom plantations, Cat IV: Forest, Cat V: Mines & Quarries, Cat VI: Stocks, Shares, Debentures, Securities, Shares in partnership firms and business assets including goodwill but excluding those referred to in any other categories, Cat VII: Machinery & Plant, Cat VIII: Jewellery, Cat IX: Works of Art and Cat X: Life interest reversion and interest in expectancy.

Valuers registered with CBDT status-quo can be maintained. Registered Valuers’s status can be like Architects, Advocates and Chartered Accountants. All valuers are given equal opportunity in valuation assignments in Government and private sectors in every place in India. Independent valuer’s role (Sole-proprietorship) in job assignment and status can be safeguarded.

Rule 17.2.3 Valuation fee as per Annexure B, if once notified by Government, all banks in India (Local or foreign) are to be abided by that fee structure, which is currently not fully followed.

Justification for Rule 17.2: There are registered valuers registered in the Register of Valuers for decades, from sixties to current digital era. Therefore for a smooth transition, the status quo of existing panel can be maintained.

The Status of Registered Valuers: “The legal status of Registered Valuer’s Report is recognized by judiciary as “Once there is a report by the registered valuer it is incumbent upon an authority to dislodge the same by bringing adequate material on record in the form of departmental valuation report, because in absence of the same a technical experts opinion (registered valuers report) cannot be dislodged by any authority by merely ignoring the same”. (Source:  (2002) 174 CTR Guj 90 ^  http://indiankanoon.org/doc/1123736/.” (2002) 174 CTR Guj 90).

 But the Status of Registered Valuers needs to be recognized like Advocates. Architects and Chartered Accountants in the spirit of the above judicial pronouncement. The one of principles of natural justice, “audi alteram partem” i.e. the judicial fairness is invited here.

The valuers are not given the required status and fees by some or many banks. Valuers role is vital for management of NPA (Non-performing assets) of banks. The net non-performing assets (NPAs) of banks had gone up 51% in FY13 to INR.92,825/- crores. According to a recent CRISIL report, the gross NPAs of banks are slated to increase from 3.3% in March 2013 to 4% by March 2014.

Thanks

Regards

A.M.IBRAHIM

[/quote]

Dear Mr.A.M.Ibrahim,

Thanks for your response. Just like all other stuff you have uploaded. This one is also eye opener for me and i am sure for most of other valuers and client and related parties. We will await how soon govt. , banks, valuers , client and valuer's professional bodies together come up with mutual acceptable ameicable solution to safeguard nation interest and every one own interest.

An able and knowldegeble leadership is necessary from valuers side to propose, negotiate and execute and implement. Even though their many legal,technical and multidiciplinary experts are available within valuers community, due to lack of unity, any comandable progress is not yet achived by valuers in getting solution to thier problems.

I sincearely wish something to be done in positively.

Best Regards,

Mohit Mehta

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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Thu Dec 18, 2014 9:14 am    Post subject: DELHI. H.P, Pb and J&K COST INDEX Reply with quote

 

 

 

GST rates for building materials | Construction materials GST rates 2017

 




37645.pdf Delhi CI as on Oct 2018 with reference to DPAR 2012.pdf
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Delhi CI October 2017 over DPAR 2012.pdf
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Delhi Cist Index Apr 2017 29588.pdf
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CPWD 4501 UP Jan 12 over DPAR 2007 NZ - II (1).pdf
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Delhi CI April 2016 22154.pdf
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Delhi Cost Index Oct 2016.pdf
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7433 cac sheet apr 2013.pdf
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1817 Calc Sheet 1 42011.pdf
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13010 (1) DELHI 1 10 2014.pdf
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16487[1] Delhi CI 1 4 2015.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Sat Jan 17, 2015 6:30 pm    Post subject: DSR DELHI-2014 & Analysis of Rates 2014 Reply with quote

Please find atttached  DSR 2016 (VolI & II) DAR Volume 1 & 2 and

Delhi Schedule of Rates - Civil Works & MEP 2014.

This E&M Schedule of Rates will be read along with relevant CPWD Specs for electrical works. This DSR (E&M) 2014 now replaces the DSR (E&M) 2013.

 

 

AM IBRAHIM




DSR_Book_Vol_2_2016_(English Version)_Final.pdf
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DSR_Book Vol_1_2016_(English_Version)_Final.pdf
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DAR14-Vol1.pdf
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DAR14-Vol2.pdf
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DSREnM14.pdf
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DSR14.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Tue Jan 27, 2015 2:43 pm    Post subject: CPWD COST INDEX CONVERSION TABLE Reply with quote



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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Mon Jul 20, 2015 9:48 am    Post subject: CPWD Building Cost Index Kerala Region Reply with quote




27233 Kerala CI as on April 2017 over DPAR 2012.pdf
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15703 Kerala CI Apr 2015 over DPAR 2012.pdf
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CI SZ V KERALA April 2016 22044.pdf
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Kerala CI Apr 2-11 Ovr DPAR 2007.pdf
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18749 (2) SZ V Cement Steel Trivandrum.pdf
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kerala ci 1 4 2012 b07.pdf
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CI Calculation Sheet Base 1 10 2012 (2).xls
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15703.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Fri Jul 31, 2015 5:49 pm    Post subject: CPWD COST INDEX North Zone-IV Dehradun Reply with quote

CPWD COST INDEX AS ON Apr 2017 of Base 2012Cost Index NZ-IV: Haldwani Central Circle




NZ IV Apr 2017 29315.pdf
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NZ IV CI Apr 2016 23068.pdf
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NZ IV CI Apr 2015 16914.pdf
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NZ IV April 2017 Cost Index 27653.pdf
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6346 North Zone-IV Jan 2013.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Fri Jul 31, 2015 6:04 pm    Post subject: CPWD COST INDEX North Zone-II Reply with quote




37246.pdf NZ-1 2018 apr.oct.pdf
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NZ II CI Oct 2012 5822.pdf
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NZ II CI Jan 2013 English 6574.pdf
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4501 UP Jan 12 over DPAR 2007 NZ - II.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Fri Jul 31, 2015 6:08 pm    Post subject: CPWD Cost Index Agartala Mizora, Reply with quote




23788.PDF (1) Tripura CI as on April2016 over DPAR 2007 & 2012.pdf
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Mizoram CI as on Apr 2015 over DPAR 2007 and 2012.pdf
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Assam Mizoram 14401 sep14.pdf
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Tripura 14399.pdf
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amibrahim



Joined: 03 Sep 2008
Posts: 390

PostPosted: Sat Aug 01, 2015 11:37 am    Post subject: CPWD COST INDEX MIZORAM, MANIPUR & ASSAM Reply with quote




23789.PDF Manipur Cost Index as on June 2016 over DPAR 2007 and 2012.pdf
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14401 NEZ -II CI on July 2014 over DPAR 2007 and 2012.pdf
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amibrahim



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Posts: 390

PostPosted: Thu Aug 27, 2015 7:02 pm    Post subject: CPWD CI Aprl 2015 NZ-IV Dehradun Reply with quote

CPWD Cost Index North Zone-IV; April 2015 over DPAR 2012 (Base = 100)




NZ-IV Cost Index 1 April 2016 23068 (2).pdf
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Zone-IV Cost Index October1st 2015 23066.pdf
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16914 N.India.pdf
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amibrahim



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Posts: 390

PostPosted: Tue Dec 08, 2015 10:18 am    Post subject: Re: CPWD Cost Index (1955 to 2015) & Income-tax Valuati Reply with quote

PWD COST INDEX - ARUNACHAL PRADESH over DPAR '92 and 2007

 

Further information and Revision can be Viewed in:

^ http://www.arunachalpwd.org/about.php

 

^http://www.arunachalpradesh.gov.in/csp_ap_portal/tender-pwd-ap.html

^http://www.arunachalpwd.org/technical.php

^http://www.arunachalpwdwz.org/schedules%20of%20rates.php




Topic Arunachal Cost Index by AM IBRAHIM.pdf
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Schedule (Buildings) 2007 AP PWD.pdf
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CPWD PAR 2012.pdf
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CPWD PAR 1 Oct 2007.pdf
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CPWD PAR BASE YEAR 1992-RCC FRAMED STRUCTURES.xls
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CI Arunachala P Aug 2012.pdf
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ArunachalaPradesh CPWD PAR.pdf
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Arunachal cont_index_22march Jan 2012.pdf
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Pdf-APSR 2012-Schedule of Rate ITANAGAR Arunachal.pdf
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Pdf-APSR 2012-Analysis of Rates Arunachal Roads Bridges Analysis of Rates.pdf
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