General Studies · Asset Valuation
The Belting Method is a technical approach used by bank-empanelled valuers for the appraisal of land. Which of the following best describes the core principle of this method?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It assumes that the rear part of a commercial plot is more valuable due to privacy and acoustic insulation.
- 2It is primarily used to calculate the annual depreciation rate of building structures rather than land value.
- 3The land is divided into parallel strips from the front road, with the highest value assigned to the front belt and decreasing for subsequent rear belts.✓
- 4The entire plot is valued at a single uniform rate regardless of its total depth or proximity to the access road.
Correct answer
The land is divided into parallel strips from the front road, with the highest value assigned to the front belt and decreasing for subsequent rear belts.
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