ANAND CONSTRUCTIONS
ANAND H E
Consulting Engineer, Planner & PWD Class-III Contractor
(#535/54, Gavisiddeshwara Badavane, Huvina Hadagali-583219)
Ref, No: Date:
07/03/2024
To,
SHRI SHIVAKUMAR SWAMY T M ,
Huvina Hadaggali
VALUATION OF VACANT RESIDENTIAL PLOT AND BUILDING
REPORT ON VALUATION
I. General Details :
1. Name of the Reported owner : SHIVAKUMAR SWAMY T M
2. Purpose of valuation : SALE
3. Date of valuation : 07/03/2024
4. List of documents produced for : 6+1
Perusal
II. Description of the property : Residential House
1. Location of the property : Huvina Hadagali
2. Hissa No. T.M.C.No.C.T.S.No : H.NO.148/55
3. Name of Nagar/layout : Tungabadra Badavane
4. S.F.No/T.S.No./R.S.No. : H.NO.148/55
Taluk /Ward : Huvina Hadagali
District/Municipality/Corporation : Huvina Hadagali
G.P.No.
Postal Address with pin code no. :Shivakumar Swamy T M
HuvinaHadagali,Vijayanagar
583219.
5. Boundaries of the property.
North : Building
South : Site
East : Road
West : Site
Dimension of the site : 39’6” x 59’6”
Extent of site: Total: 39’-6”X 59’-6”=2350.25 Sqft
6. Extent of the site considering for valuation :
{(Lest of (3A & 3B)}
III.Characteristics of the site :
1. Character of locality : Residential Area
2. Classification of locality : Middle class
3. Development of surrounding areas : Yes
4. Possibility of frequent flooding : No
5. Feasibility to the civic amenties like : Walk Able Distance
School, hospitals, Office, bus stops, markets, etc.
6. Level of land with topographical conditions : Level
7. Shapte of land : Rectangular
8. Type of use to which it can be put : Load Bearing
9. Any usage restriction? : No
10. Tenure of land : No
11. Plot is in town planning approved : Approved
12. Will there be any problem to get drawing : No
Approved after delay
13. Corner plot or intermittent plot : Intermittent plot
14. Ratio between the average widths to depth : 1:4
15. Road facilities : Concrete Road
16. Type of road available at present : Concrete Road
17. Width of road is it below 20’ or more : Above 20’
Than 20’?
18. Is it a land locked land? : No
19. Water potentiality : Yes
20. Underground sewerage systems :Yes
21. Power supply is available in the site : Yes
22. Advantages of the site : Valuable Area
23. Disadvantages of the site : No
IV. Valuation.
A. Valuation by adopting GLR :
i) Guideline adopting rate as obtained from :
The Register’s office
ii) Value of land by adopting GLR :
B. Value by adopting PMR:
i) Prevailing market rate of land : Rs. 2000/-Sqft
ii) Total land area(Sq Ft) : 2350.25 Sqft
Considering the characteristics
Of the subject plot Rs.2000/Sqft x 2350.25
Sqft
iii) Value of land by adopting PMR : Rs.47,00,500-00
C. Extra Items:
i) Compound wall : No
ii) Deep bore with motor/open well : No
iii) Gate : No
iv) Power supply : Yes
Abstract valuation:
Description :
A. Land Rs.47,00,500-00
B. Building Rs.23,37,700-00
C. Amenities (Compound wall, Rs. -
CC paving) (Front only)
D. Services Bore Well Rs. -
(Submersible)
Total Rs.70,38,200-00
Say Rs.70,38,000-00
Factors fevering for addition value
1.
2.
Less:
Present market value: Rs.70,38,000-00
(Rupees Seventy Lakh Thirty-Eight Thousand Only)
1. It is here by that in my opinion
The present market of the property by adopting prevailing market
rate for land Rs.70,38,000-00
The forced sale value of the property is estimated as 10% less than
the Present market value Rs.63,34,200-00
Number of title deed (s) involved in this property is:
SHRI SHIVAKUMAR SWAMY T M
The relevant document for the subject property in the opinion of this
valuer is the deed dated with registered number Property.
2. If this property is offered as collateral security, the concerned financial
institution is required to verify the extent of land shown in this valuation
report with respect to the legal opinion.
Not to my Knowledge
3. Value varies with the purpose and date. This report is not be referred if
the purpose is different other than mentioned in(1)
4. The property was inspected on 07/03/2024 in the presence of
SHRI SHIVAKUMAR SWAMY T M & SHRI GANESH
5. The legal aspects were not considered in the valuation : N.A
This Valuation work is undertaken by this valuer based upon the request
From SHRI SHIVAKUMAR SWAMY T M
6. Any Other details : No
7. Details of lease agreement( if existing) : No
Place:Huvina Hadagali
Date: 07/03/2024
Note: This report contains 8 pages
Signature of the valuer.
ANAND CONSTRUCTIONS
ANAND H E
Consulting Engineer, Planner & PWD Class-III Contractor
(#535/54, Gavisiddeshwara Badavane, Huvina Hadagali-583219)
Ref.No: Date:
07/03/2024
VALUATION REPORT
Residential Building Valuation report of the property
Belonging to: SHRI SHIVAKUMAR SWAMY T M
1. Valuation done by : Present Market value
2. Date of valuation : 07/03/2024
3. Names(s) of person or persons in whose names(s) the property stands
Registered : SHRI SHIVAKUMAR SWAMY T M
H.No.148/55,Huvina Hadagali, DT: Vijayanagara
Situation of the property: H.No.148/55, Huvina Hadagali, DT:
Vijayanagara
Whether lease hold or freehold : Free Hold
4. Municipal valuation for tax purpose (if available)
5. Area of land :
6. Value of land :
7. Built up area of the Ground floor building = 1786.37Sqft
Value of built up Gr.floor area = 1786.37Sqft X Rs 1600 /sqft
Value of G.F.Floor = Rs.28,58,192-00
Nature of construction : Load bearing wall
Foundation : RSM in CM
1) Walls : BBM in CM
2) Roof : RCC
3) Floor : Kadappa Floor
4) Doors & Windows : Teak Wood
5) Plastering : CM
6) Fittings & Fixtures : Normal
7) Amenities : Water tank
8) Miscellaneous : Simple Appearance well Structured
9) Life of building :20 Year
8. Year in which the property Constructed : 2004
9. Total value of the land :
10.Value of build up area : Rs.28,58,192-00
11.Deduct depreciation @(0.18209=5,20,449.00) :
Total valuation : Rs.23,37,700-00
12.Total value of the property :
(Rupees Twenty Three Lakh Thirty-Seven Thousand Seven Hundred
only)
13.Whether the entire property is used by owners themselves or hired out to
tenant?
Owner Themselves & Tenants.
Place:Huvina Hadagali
Date: 07/03/2024
