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Why corporation is not considering market value for valuation of collateral security ?

April 26, 2017collateral considering corporation market security valuation value

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Why corporation is not considering market value for valuation of collateral security ?

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A via-media approach of taking average value of market rate and Sub-Registrars Rate is adopted for arriving the land value. While arriving the average rate, a weightage of 70% is assumed to market value and 30% to Sub-Registrar’s rate. The average rate represent a fair market value for the land being accepted as Collateral Security.