Avinash Kumar

UH4000

The increasing growth in elderly population in Surat along with the diminishing affordability, pose a serious challenge for accessing a decent and affordable living for the senior citizens in the India It has been realized that there is a need to develop special policies and programs for providing adequate support particularly to access good housing and health care for the elderly people .In Surat land price break down and Land valuation is the process of assessing the characteristics of a given piece of land. The process may be described as a carefully considered estimate of the worth of landed property based on experience. However, the objective of land valuation is to determine the land value; a term generally prefaced by some description such as market value or profit value. In the land valuation, it is a common understanding that the value and potential of a property are fundamentally determined by its location for example, Adajan, Kawas, Katargram, Sachin, Amroli etc. 
, Surat City in Gujarat, is whole area as the study area. In this note, the residential land value model has been constructed using the sale comparison approach and multiple regression analysis and comparing the different location with the price break down in the Surat city. In this method rather than dealing with the real-market prices and the market price break down the qualitative and quantitative characteristics of individual land properties have been examined. To determine the value of a land, some land valuation criteria are selected and formulated so that property values are assigned by the numerical parameters rather than real-market values. Land value can then determine as a single unit figure which represents all factors affecting the land as compared to others. Comparisons between the Jantri price and the predicted land value. Developer and broker has proved that the model of residential land value is appropriate in Surat urban area. As a result, a visual land valuation model created which will be readily understood by individuals unfamiliar with mass appraisal procedures as well as appraisal professionals.