Start Date
6-4-2018 10:30 AM
End Date
6-4-2018 11:15 AM
Description
A new major RICS Research report has highlighted how land & property valuation operates in the informal land markets of three major and rapidly expanding developing world urban areas, Accra Ghana, Jakarta Indonesia and Lima Peru. This report underlines how valuation practices, often heavily customized, work in informal/unregistered markets, how taxation revenue is affected and how valuation practice needs to develop a more pragmatic & reasonable approach If it is to bring ‘market value’ concepts to nations outside of the OECD nations.
Publication Date
April 2018
Recommended Citation
Kavanagh, James, "Unregistered/informal land valuation and taxation: A new frontier for property/land revenue generation in the developing world" (2018). International Research Symposium. 17.
https://researchexchange.iaao.org/irs/irs18/sessions/17
Unregistered/informal land valuation and taxation: A new frontier for property/land revenue generation in the developing world
A new major RICS Research report has highlighted how land & property valuation operates in the informal land markets of three major and rapidly expanding developing world urban areas, Accra Ghana, Jakarta Indonesia and Lima Peru. This report underlines how valuation practices, often heavily customized, work in informal/unregistered markets, how taxation revenue is affected and how valuation practice needs to develop a more pragmatic & reasonable approach If it is to bring ‘market value’ concepts to nations outside of the OECD nations.