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Questions and Answers
What is primarily assessed during regular inspections of a building?
What is primarily assessed during regular inspections of a building?
- Structural defects (correct)
- Market trends
- Zoning compliance
- Economic forecasts
Which building component is known to have the shortest physical life span?
Which building component is known to have the shortest physical life span?
- Electrical systems
- Roof (correct)
- Foundation
- Exterior walls
What indicates the physical deterioration of a building?
What indicates the physical deterioration of a building?
- Cracks in the walls (correct)
- Increasing rental income
- Legal disputes
- Higher property taxes
How can the physical life of a building be effectively extended?
How can the physical life of a building be effectively extended?
What primarily influences the legal life of a building?
What primarily influences the legal life of a building?
Who is responsible for issuing building permits in the Indian context?
Who is responsible for issuing building permits in the Indian context?
What is ensured through regular legal audits of a building?
What is ensured through regular legal audits of a building?
What can occur due to non-compliance with legal standards for buildings?
What can occur due to non-compliance with legal standards for buildings?
Which document proves that a building is constructed as per approved plans and legal norms?
Which document proves that a building is constructed as per approved plans and legal norms?
What does the term 'Built-up area' include?
What does the term 'Built-up area' include?
Floor Space Index (FSI) is crucial for determining:
Floor Space Index (FSI) is crucial for determining:
Which of the following is NOT considered a physical defect?
Which of the following is NOT considered a physical defect?
What type of property ownership is most common in urban residential buildings in India?
What type of property ownership is most common in urban residential buildings in India?
The term 'Green Building' refers to which of the following?
The term 'Green Building' refers to which of the following?
Economic obsolescence of a building is often caused by:
Economic obsolescence of a building is often caused by:
Which factor can decrease the economic life of a building?
Which factor can decrease the economic life of a building?
What defines the economic life of a building?
What defines the economic life of a building?
Which factor is NOT typically associated with affecting the economic life of a building?
Which factor is NOT typically associated with affecting the economic life of a building?
How is depreciation defined in the context of buildings?
How is depreciation defined in the context of buildings?
What does the physical life of a building encompass?
What does the physical life of a building encompass?
Which action can most effectively extend the physical life of a building?
Which action can most effectively extend the physical life of a building?
What method is primarily used to assess the structural integrity of a building?
What method is primarily used to assess the structural integrity of a building?
What is the legal life of a building mainly characterized by?
What is the legal life of a building mainly characterized by?
Which of the following can lead to a decrease in a building's economic life?
Which of the following can lead to a decrease in a building's economic life?
What does a Completion Certificate indicate?
What does a Completion Certificate indicate?
Which body is responsible for regulating real estate transactions and development in India?
Which body is responsible for regulating real estate transactions and development in India?
What does retrofitting a building entail?
What does retrofitting a building entail?
Which of the following is typically considered a legal document in building construction?
Which of the following is typically considered a legal document in building construction?
What does ‘Carpet Area’ refer to in real estate terminology?
What does ‘Carpet Area’ refer to in real estate terminology?
For what purpose is Building Information Modeling (BIM) primarily used?
For what purpose is Building Information Modeling (BIM) primarily used?
What is a common reason for structural failure in buildings?
What is a common reason for structural failure in buildings?
Which document is essential for defining the responsibilities and scope of work in a construction project?
Which document is essential for defining the responsibilities and scope of work in a construction project?
An increase in property taxes would most likely impact which aspect of a building?
An increase in property taxes would most likely impact which aspect of a building?
Market value assessment is crucial for understanding what regarding a property?
Market value assessment is crucial for understanding what regarding a property?
Which factor primarily leads to physical deterioration of a building?
Which factor primarily leads to physical deterioration of a building?
Which building material typically has the longest lifespan?
Which building material typically has the longest lifespan?
Fire safety measures are essential for extending which aspect of a building's usability?
Fire safety measures are essential for extending which aspect of a building's usability?
Regular cleaning and upkeep of common areas primarily contribute to which benefit?
Regular cleaning and upkeep of common areas primarily contribute to which benefit?
Which of the following is NOT a factor in the physical deterioration of a building?
Which of the following is NOT a factor in the physical deterioration of a building?
To legally demolish a building in India, what is required?
To legally demolish a building in India, what is required?
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Study Notes
Economic Life of a Building
- Refers to the duration during which a building can generate income.
- Influenced by market demand, technological advancements, and maintenance costs.
Depreciation
- Defined as the reduction in market value of a building over time.
Physical Life of a Building
- Represents the time a building remains structurally sound and habitable.
- Can be extended through regular maintenance and repairs, retrofitting, and renovations.
Structural Integrity Assessment
- Evaluated primarily through engineering inspections.
Legal Life of a Building
- Relates to compliance with building codes and regulations.
- Non-compliance can result in penalties and fines.
Building Permits in India
- Typically issued by Local Municipal Corporations.
Occupancy Certificate
- Document confirming that a building is constructed per approved plans and legal norms.
Built-up Area
- Includes carpet area, wall thickness, common areas, and the total constructed area, including balconies.
Floor Space Index (FSI)
- Important for determining the maximum permissible built-up area for developments.
Economic Obsolescence
- Often caused by changes in market conditions, affecting a building’s attractiveness and income generation.
Market Value Assessment
- Essential for understanding economic viability and is influenced by property taxes.
Phases of Physical Life
- Fire safety measures are crucial for extending the physical life.
- Regular cleaning and upkeep of common areas contribute to the overall durability.
National Building Code (NBC) of India
- The authoritative code for building standards in India.
Demolition Processes
- Requires a demolition permit in India for legal compliance.
Legal Non-Conforming Use
- Refers to uses that were permitted when established but are no longer allowed under current zoning laws.
Completion Certificate
- Indicates that construction has been completed and adheres to safety norms.
Real Estate Regulation
- Regulated in India by the Real Estate Regulatory Authority (RERA).
Retrofitting
- Means upgrading an existing building to current standards rather than demolishing it.
Carpet Area in Real Estate
- Represents the usable floor area within the walls, excluding common areas.
Building Information Modeling (BIM)
- Utilized for detailed design and construction planning, enhancing project efficiency.
Common Causes of Structural Failure
- Poor construction quality is a significant factor leading to structural failures in buildings.
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