VALUATION REPORT

FOR

MR/M/s. etc

OF

RESIDENTIAL – FLAT/COMMERCIAL OFFICE/INDUSTRIAL LAND BUILDING etc.

AT

FLAT NO.,TH FLOOR,'' WING OF BUILDING NO.1,

(W),MUMBAI – 400067.

BY

,

Architects, Planners, Valuers.

2

VALUATION REPORT

Purpose – Submission to Bank Ltd.

Ref. No.: 17/05049/YES Date:

Branch Name Mumbai Type of case

Valuer’s Name Date of visit

Visiting Engg Name Time of visit

Case Ref. No Date of report

Person contacted for property inspection with contact details

Client Name & Contact No.

BASIC DETAILS

1 Applicants Name ABC Name of Owners

ABC

2 Type of property Residential Flat Current usage Residential Flat

3

Address of property / Site Address

Address as per documents

4 Has the valuer done valuation of this property before? If yes, for whom & when.

No

SORROUNDING AND LOCALITY DETAILS

5 Location

Zoning as per Master Plan / Development plan

Residential

Class of locality (High / Middle Class / Lower / Negative)

Middle Class

Site (Developed / under-developed) Developed

Proximity from civic amenities / public transport

1 Km

Nearest Railway Station

Nearest Bus Stop

6 Nearest Landmark

7 Distance from City

Centre NA

8 Condition and width of approach road : - Good,9 Mt Wide Road

3

PROPERTY DETAILS

9 Brief description of the property

The subject property is a flat in a S + P + 18 Floor RCC building known as FULL ADDRESS The surrounding area is commercial cum residential area. THE DATE OF AGREEMENT ________,THE PROPERTY IS FREEHOLD/LEASEHOLD ETC.BEARING CTS NO______ BUILDING HAS _____NO FLOORS,THE BUILDING IS PREENGINEERED /RCC CONSTRUCTION THE PROPERTY IS SITITATED _____FLOORS FLAT/SHOP/ROW HOSUE ETC. FLAT NUMBER THE CARPET AREA/BUILTUP AREA OF THE FLAT,THE PROPERTY HAS ELECTRIC CONCEALED,FLOORING FINISHESWIRTE DOWN ETC. THE AGE OF BUILDING,YEARS OF CONSTRUCTION,NEAR BY LANDMARKThe market rate in this area is in range of between Rs. to per Sq ft of BUA. The rate which is considered for the valuation is Rs. per Sq.ft of BUA

10 Internal visit done Yes

11 Occupant

Vacant/Occupied

Name of Occupant

Relation with applicant

Self / Tenant / any other

12 Building details

Property Demarcated Yes / No

Property Identified through

Residential

Type of structure RCC / Load Bearing

Land/Plot Area NA

No of Blocks/Wings 2 Wings A & B

No of Units per floor 6 Nos per Wing

No. of Floors 18 Floors

No. of Lifts 2 Nos

Amenities -

13 Unit details

Located on Floor No. 8th Floor

No. of rooms / Unit configuration

2 B.H.K

Remarks on view from property

14 Present condition of the property:

Exterior Building in good condition.

Interior Fair condition, well maintained

15 Age of the property 20 Years Residual life 35 Years

4

16 Boundaries North South East West

Actual on site Lobby Open Space Open Space

As per Title document - - - -

Boundaries matching with Sale Deed (Yes / No) -

SANCTION PLAN APPROVAL & OTHER DOCUMENTS DETAILS

17 Sanctioned plans details -

18

Construction permission / Commencement Certificate / OC / BCC

Occupation Certificate Commencement Certificate:

19 Ownership type Freehold

20 Property documents verified (Any others)

NA

21 Is the property within Municipal Limits

MCGM

22

Permissible usage as per sanctioned/approved plan

-

23

Setbacks As per plan

As per Bye- Laws

Actual at site

Extra Coverage deviation

as per Plan

Extra Coverage deviation

as per bye-laws

Front NA NA 6 M - -

Side 1 (Right NA NA 4.5 M - -

Side2 (Left) NA NA 4.5 M - -

Rear NA NA 6 M - -

Deviations if any

24 Demolition Risk High / Medium / Low / Nil.

25 VALUATION

Area Details

As per Agreement / Sale Deed

Sft Carpet / BUA /

SBUA

As per Plan Sft Carpet / BUA

As per Measurement Sft Carpet / BUA

A1

Land + Construction Method (Applicable for Villa / Bunglow / Row House / Industrial)

Description Area in Sft Rate per Sft Value in Rs.

5

Land area NA

Construction area (Const rate as per present condition of the property)

Value of Land + Construction in Rs. (A1)

A2

Comparison Method

Built up Area Loading in % -

Saleable area - Rate per Sft 12,500/- Sq.Ft

Value of property as per comparison method (A2)

B Value of Amenities if applicable

a) No of car parks Rate per car parking Value of car park

2 Nos

b) Other charges in Rs. (Lump Sum) -

Total Amenities charges (B) -

Total Fair Market Value of the property: - A1 or A2 + B

Rs.

Forced Sale Value / Distress Value Rs.

Ready Reckoner rate / Circle rate Rs.

Approx. Rentals in case of 100% complete property

Rs.

Insurance value / Re-construction cost Rs.

26 Market Comparable

a)

Property Details

Value Rs. Date of Transaction

-

b) Property Details

Value Rs. Date of Transaction

-

27 Stage of Construction

Details of stage of construction

NA

%age Progress - %age Reco -

28 Remarks

Negative Remarks Positive Remarks

Nil Flat is in good condition.

6

29 Latitude: Longitude:

Location Sketch: Attached (GOOGLE EARTH)

Property Sketch: Please refer Annexure I (AUTOCAD/HAND SKETCH)

Property Photographs: Minimum 4 photographs (2 external and 2 internal)

Declaration:

I/We hereby declare that:

1. Our representative physically inspected the property.

2. We have no direct/indirect interest in the property valued.

3. Report is prepared based on the information furnished to us or documents submitted or

shown to us by the client.

4. The fair market value indicated in the report is an opinion of the value prevailing on the

date of the said report and is based on market feedback on values of similar properties.

5. The client is free to obtain other independent opinions on the same. The fair market value of

such properties/localities may increase or decrease depending on the future market

conditions and scenarios.

6. This report does not certify of confirm any ownership or title of the property that has been

valued. The ownership papers/sale deeds may please be verified at your end to ascertain

the right title & area.

7. The services provided by ________________ to the Client will be limited to their use. The

Report should not be used for any other purpose.

8. The Report will reflect matters, as they currently exist. Changes may materially affect the

information contained in the Report.

9. It should be noted that report would be based upon the facts and evidence available at the

date of assessment. Periodical review of the same may be required. Changes in socio-

economic, economic policy and political conditions could result in a substantially different

situation than those presented at the stated effective date ___________assumes no

responsibility for changes in such external conditions.

10. We do not possess legal expertise and hence recommend you to take opinion of legal expert

in order to ensure that there are no elements, restriction or charges contained which are

likely to have detrimental effect upon the value or marketability of property.

11. In the preparation of the Report, we have relied on the following information:

a. Information provided to us by the client and its affiliates and subsidiaries and third

parties;

b. Other relevant information provided to us by the Client and its affiliates and

subsidiaries at request;

7

c. Other relevant information available to us or publicly available.

For M/s.______________

B.Arch. Architects, Planner, Govt. Regd. Valuer. Date:

Place: Mumbai

Stamps & Signature

PropertyBuiltup Area

(Sqft)

RR Rate

(Rs/ per Sq

mt)

Formula rr

rate -

construction

cost X

depreciation

RR Value (Rs.)

builtup

area/10.764 X

rr rate

RR Value Say

Rs.

Flat 596 119200 66,00,074 66,00,000

Value As per Market Rate

PropertyBuiltup Area

( in Sqft)

Market rate

(Rs/ per Sq.ft.)

Amount (Rs.)

area X market

rate

Dep (Rs.) Age/

Life 20/55

area x

construction

cost x residual

value 0.9 x

age/life

FMV (Rs.)

amount -

depreciation

Say FMV RSV

(5% less)

DSV ( 15% less

than FMV)

Flat 596 12500 74,50,000 2,92,582 71,57,418 71,57,000

Car Parking 3,00,000

74,57,000

ANNEXURE II

63,38,450 70,84,150

Value As per RR Rate

M/s.

The RR Rate for flat is Rs. 1,24,700/- per Sq.mt. Cost of construction is taking for valuation of Rs. 27,500/- per Sq.mt. for RCC structure. Depreciation

is taking 20% on Cost of construction based on age of building as per the RR guideline rules.

Address