1. Each Assignment carries 20 (for 100 marks paper) or 10 marks (for 50 marks paper).

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1 Distance Education Center Shivaji University, Kolhapur Master of Valuation (Real Estate) & Master of Commerce (Valuation of Real Estate) (Semester 1) Assignment Questions Attached are the questions for semester 1 of Master of Valuation (Real Estate) & Master of Commerce (Valuation of Real Estate)- First Year. The assignment questions are to be solved as per following guidelines and submitted to the study centre. (Department of Technology- Mr. S.M. Bhosale) 1. Each Assignment carries 20 (for 0 marks paper) or marks (for 50 marks paper). 2. Assignment of each subject is to be solved on separate A4 size paper. 3. If the assignments are already submitted and student fails in the subject, student can not submit the respective assignment freshly. The same mark of assignments will be considered for every attempt. 4. Students are required to write their details on their answer sheet of assignments before submitting. The details should include: Name of the course admitted, Year of admission, Examination no., Name of the student as per admission, Permanent address, Subject PRN and permanent mobile number. (Format of cover page is enclosed) 5. Student are required to submit all the assignments after writing their Exam, Seat No., (available on university website: before 31 st March They can submit all the assignments at the Department of Technology study center by currier or post: on the address: (Mr. S.M. Bhosale, Department of Technology, Shivaji University, Kolhapur -404). If the assignments are not received within time (before before 31 st March 2018) the study center (Department of Technology, Shivaji University, Kolhapur) will not be responsible for any loss of assignments marks.

2 Distance Education Center, Shivaji University, Kolhapur Cover page of answer sheet Course Name : Exam Roll No Semester : Subject : Name of Study Center: Full Name of Student: Address: Pin code: Contact No.: Course Name: Semester: Name of Paper: Paper No.: Subject Code: Exam Seat No.: P.R.N. No.: Date of Submission: Student Sign.: (Office use only) Obtained mark: Examiner Sign.:

3 SHIVAJI UNIVERSITY, KOLHAPUR MASTER OF VALUATION (REAL ESTATE) & MASTER OF COMMERCE (VALUATION OF REAL ESTATE) I ST Semester ASSIGNMENTS INTRODUCTION OF STATISTICS Q. 1 Explain the advantages of sampling methods over census method. 2 Q. 2 What is central tendency? Explain different measures of central tendencies. Q. 3 Following data represents the area and cost of construction of houses in certain area. Area (Sq. m) Cost (Rs. Lac) Estimate the cost of a house if its area is 45 sq.m by using linear regression. 2 BOOK KEEPING & ACCOUNTANCY Q. 1 A company purchased a Machine worth Rs. 95,000 on 1 st January 2000 and spent Rs. 5,000 on its erection. It buys additional machinery on 30 th June 2001 for a sum of Rs. 20,000. Assuming that the rate of depreciation is % per annum show Machinery account for 5 years under straight line method. Q. 2 Write short notes on following. 1) Rules for Debit and Credit 2) Marginal Cost. 4 LAW - I Q. 1 Explain fully salient features of Indian Constitution. 08 Q. 2 Describe the importance of the directive principles of state policy of the Indian constitution. 08 Q. 3 Explain essential elements of contract. 04

4 ELEMENTARY SURVEYING Q. 1 What are Offsets? How are perpendicular and oblique offsets taken? 4 Q. 2 A 30 mt chain was tested before starting the survey and was found to be correct. After chaining 0 chains the chain was found to be 5 cm too long. At the end of day s work, after chaining a total distance of 190 chains, the chain was found to be 9 cm too long. What was true distance chained? Q. 3 What are the different methods of contouring? Describe any method along with sketch. Q. 4 Following readings are taken with the dumpy level. 0.55, 0.0, 0.85, 1.90, 2., 2.35, 1.8, 0.40, 0.75, 1.25 and The instrument was shifted after 4 th and 8 th readings, prepare level, book, calculate RLS and reading of first point taken on TBM of 0.00 RL. PRINCIPLES OF ECONOMICS Q. 1 Explain the circular flow of national income. Discuss any one method of measuring national income. Q. 2 Write Short on : a) Modern theory of rent b) Tertiary sector of the economy. PRINCIPLES OF VALUATION REAL ESTATE Q. 1 What do you mean by the term Subject matter of Valuation? 2 Q. 2 Distinguish between fair market value and liquidation value 2 Q. 3 A man borrowed Rs. 2 lac and he desires to pay off the said amount with interest in equal annual instalments in 5 years period. What will be the annual instalment payable if interest rate on loan is 5% and accumulative rate of interest is 2.5% Q. 4 A leased building has ground + 3 floors. There are 4 flats in each floor, with a total number of 1 flats. The rent received from each flat per month is Rs. 000/- Rs, 5,500/- Rs. 5000/-, Rs. 4500/- for ground, first second, third respectively. The property tax per annum is Rs. 25,000/-, N.A. tax per year is Rs. 00/-, insurance premium is Rs /-, general repairs is 8% of gross income, general maintenance is RS. 30,000/- and collection charge is 3% of gross income. Expected rate of interest is 7% and unexpired life of building is more than 0 years. Calculate market value of property if rent act is applicable.

5 TOWN AND REGIONAL PLANNING Q. 1 What is New Town? How this can be applied in planning of metropolitan Regions? Give some examples in this respect. Q. 2 Write short notes on: a) Migration and its effect on land values. b) Concept of region and its objectives.