Guidelines for valuation of lessor's interest in lease-hold properties.

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..... nce. 2. Item (3) of para 6 of the Annexure 'B' relates to guidelines and methods for computing the value of lessor's interest in lease-hold properties. The Board would like to reiterate the position. The valuation of lessor's interest in leased properties will have to take into account the value of:- (a) the lessor's right to receive the rent in respect of the property during the subsistence of .....

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..... ected because in certain States properties fetching rents above certain limits or properties on lease exceeding certain periods or properties which are new are not subject to rent control restrictions. 4. While examining the possibility of the property reverting to the lessor, the provisions of the lease-deed relating to the renewal of lease will also have to be taken into account. 5. The broad .....

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