Written by DIFFERENT FORMS OF VALUE
- Accommodation value: As the city or town develops, the surrounding agricultural area is to be converted into the accommodation land. For this purpose the owner of the land has to obtain the permission from the competent authority to convert his agricultural land into non- agricultural or accommodation land. Such accommodation land possesses building potential value and hence ,its value lies between the values of nearby building land and agricultural land. Thus, the accommodation value is greater than that of agriculture land and less than that of building land……..READ MORE
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