← Planner / Senior Planner — Urban & Regional Planning Consultancy
publishedfinance

Valuation & project economics

Putting a defensible number on an asset or a project, and knowing which method the situation calls for. The concept layer under every feasibility, DPR and appraisal deliverable — what the numbers mean, before any spreadsheet.

What you will be able to answer

A board is reviewing a proposal to acquire and refurbish an income-producing property, and wants to know both what it is worth and whether the project is worth doing. Are those the same question?

No — one is a value for the asset, the other a return on the money spent, and they use different machinery. The value comes from an income approach: a discounted cash flow of net operating income, cross-checked against what a cap rate on that income implies and against comparable transactions adjusted for how they differ from this building. The return comes from the project's own cash flows netted against the outlay — NPV at a discount rate built from the actual cost of debt and equity, IRR read against the hurdle rate, and payback quoted only with the caveat that it ignores everything happening after it.

Concepts
13
Selected clips
46m 28s
Employers use it
33

One payment

₹99

The videos are free

This is what you pay for

Compared → kept
39 → 13
Full videos → selected
2h 22m → 46m 28s
Concepts
13

Course outline

Learn from selected clips, concept by concept

Concept 1

What valuation is, and why two valuers differ

free

Concept 1 · What valuation is, and why two valuers differ

0:00 / 0:27

Concept 2

Money today vs. money later

locked

Discounting arithmetic worked step by step on rupee figures.

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Clip retained
56s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 3

The rate you shrink future money by

locked

After: time-value-of-money

The rate built up from risk-adjusted expected return and the split between debt and equity cost.

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3m 33s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 4

Net Present Value

locked

After: discount-rate

A multi-year series discounted year by year, netted against the outlay, with the decision rule stated.

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Clip retained
2m 53s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 5

IRR and the hurdle rate

locked

After: npv

A calculated IRR set against a required hurdle rate, and the decision that follows from the gap.

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Clip retained
50s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 6

Payback period, and why it is not enough

locked

After: irr-and-hurdle

Cash flows added after the payback date — NPV and IRR move, payback does not.

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Clip retained
5m 17s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 7

Cost of capital and WACC

locked

After: discount-rate

WACC computed across sources of capital, including the tax shield on debt.

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Clip retained
8m 05s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 8

Discounted cash flow valuation

locked

After: npv, cost-of-capital-wacc

Property cash flows discounted to a present value, with formulas and numbers on screen.

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Clip retained
2m 21s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 9

Cap rate and yield

locked

After: dcf-valuation

The rent yield formula applied to typical Indian residential and commercial yields.

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Clip retained
7m 11s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 10

Comparable / market approach

locked

After: what-valuation-is

Feature-level adjustments computed from comparable sales and applied one comp at a time.

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Clip retained
1m 52s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 11

Cost / depreciated-replacement approach

locked

After: what-valuation-is

Land value plus improvements minus depreciation, each component defined in turn.

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Clip retained
1m 00s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 12

Economic vs financial appraisal (EIRR vs FIRR)

locked

After: npv

Private financial return contrasted against the costs and benefits that fall on society.

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Clip retained
1m 48s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 13

Choosing the right method

locked

After: dcf-valuation, cap-rate-and-yield, comparable-method, cost-method

Six methods and the specific conditions under which each one is the right choice.

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Clip retained
9m 06s kept
Video review
3 compared

Video title and channel appear once unlocked.

Selection criteria

  • Teaches one concept end to end, without needing the rest of the video
  • Speaker does this work, or teaches it to people who will
  • Transfers to Indian practice, or is marked where it does not
  • Audio and screen legible on a phone, on mobile data

What was rejected

13 candidates did not meet the course criteria.

  • High-level summary that omits detailed methods and explanations for differing valuer estimates.
  • Does not explain why different valuers arrive at different property valuations.
  • covers inflation only, without discounting
  • Does not explain how the discount rate / cost of capital is calculated or determined (e.g., via WACC or risk adjustments).
  • Presents the formula without a worked cash flow
  • Does not explain the major limitations/weaknesses of payback period, such as ignoring cash flows that occur after the payback point.
  • The video focuses on defining and calculating the payback period for even cash flows, but does not explain why payback period alone is insufficient or detail its major limitations such as ignoring cash flows after payback.
  • Frames DCF purely as equity/stock valuation (EBIT, share price, market cap) with no transferable asset-level logic
  • Frames DCF purely as equity/stock valuation (EBIT, share price, market cap) with no transferable asset-level logic
  • This video focuses on the Land & Building (Cost Approach) method rather than the Comparable Market Approach.
  • The video focuses specifically on shadow pricing rather than explicitly contrasting economic appraisal (EIRR) with financial appraisal (FIRR).
  • The video focuses primarily on corporate shadow price definitions rather than contrasting economic and financial project appraisal.
  • Lists the methods without any guidance on selection

Where this skill is used

Real-Estate Development / Land Advisory / Research

Working for developers, land/real-estate advisory firms (JLL, CBRE, Knight Frank, Anarock) and in-house development teams on feasibility, market research, land use, and project planning. A natural fit for a planning + real-estate lens. Specialisation tags: Urban, Housing, Infrastructure.

11 mapped employers

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Real-Estate Finance / REIT / PE Research

Real-estate-focused finance and investment research at REITs, PE/RE funds, and bank/NBFC real-estate desks — where a planner's land-use/feasibility lens is an asset alongside finance skills. Direct entry is realistic mainly with deliberate finance up-skilling, CFA/RICS/valuation exposure, or specialized real-estate education. Specialisation tags: Urban, Housing, Infrastructure.

8 mapped employers

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Planner / Senior Planner — Urban & Regional Planning Consultancy

Consultancy work preparing master plans, development plans, town-planning schemes, and area development for government clients and authorities — from boutique planning houses to large multidisciplinary consultancies (incl. L&T and the planning divisions of global engineering firms). The default private destination; campus-recruited. Specialisation tags: Urban, Regional, Urban Design.

10 mapped employers

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World Bank / ADB Urban & Infrastructure Roles

Urban, transport, and infrastructure work at the multilateral banks — project preparation, technical assistance, and analytics, usually entered via consultant/STC contracts or (rarely, very competitively) the Young Professionals Program. Specialisation tags: Urban, Infrastructure, Transport.

9 mapped employers

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