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V,VIJAYAKUMAR M.Tech.
CHARTERED CIVIL ENGINEER

VALUATION REPORT
1

Purpose of Valuation

Date of Valuation

Referred By

LIC Of India, Divisional Office, Nellore.

Name of the Reported Owner

T.J.Finance, Nellore.

Date of Inspection

Brief Description of Property

Postal Address of Property

Survey Number

605B, East Gudur

Extent of Property

2840 Sq.Yards or 2374.6 Sq.m

10

Boundaries

Purchase

Vacant Land with 419' of Compound Wall.

North

House of Yallam Raju Ramamma for a part an

Ponaka
House ofDevaena's
Muppalla Building
Chandrasekhar Raju for a

South

shops and site of Maramreddy Ramesh Redd

Petluri Neeraja

East

Property of C.Venkateswarlu Reddy

West

Road and House of Y.Ramamma for a part.

11

Documents Checked

Xerox copies of Registered Documents.

12

Topography

Plane and Level

13

Development of Surroundings

Developed

14

Character of Locality

Commercial and Residential

15

Is locality subjected to frequent flooding?

No

16

Civic Amenities

Available at a very near distance.

17

Shape of land

Not Rectangular

18

Type of use to which it can be put

Commercial / Residential

19

Freehold/ Leasehold

Freehold

20

Width of road abutting the property

60'

21

Water Potentiality

Available

22

Commercial potentiality / Marketability

Good

23

Sentimental or Social issues affecting the Value

Nil.

VALUATION
Total Extent of Site =
Prevailing Market Rate =

Value of the Land =

2840 X 43750
Decrease in Value due to Irregular Shape @ 15%
Net Value of Land
Value of Compound wall @ Rs.300/Rft=

2840 sq.yd
43750 /Sq.yd

Rs.

124250000
-18637500
105612500
Rs
125700
105738200 Say

Rs

Rupees Ten Crore Fifty Seven Lakh Forty Thousand Only.

NOTE:

The Market Value of the Property in my openion is Rupees Ten Crore Fifty Seven Lakh Forty Thous

Fot this Valuation the extent of site mentioned in agreement has been considered i.e 2840 Sq.Yd

But on enquiry some part of the total extent of 2840 Sq.Yd is said to be sold away abutting Road
relevant documents are not provided by the LIC. The valuation differs based on the extent and sh
remaining Plot.
The legal aspect is not considered in this valuation of property.
I have no direct or indirect interest in the applicant.

Value varies with purpose and time. This value should not be referred for any purpose other than mentioned i
report,
Photos of the Vacant site are enclosed.

Mobile:

.
EER

REPORT

Divisional Office, Nellore.

ellore.

with 419' of Compound Wall.

udur

s or 2374.6 Sq.m

am Raju Ramamma for a part and Wall of

ena's
palla Building
Chandrasekhar Raju for a part and

e of Maramreddy Ramesh Reddy and

ja

.Venkateswarlu Reddy

use of Y.Ramamma for a part.

of Registered Documents.

vel

nd Residential

very near distance.

lar

Residential

ON

105740000

usand Only.

ore Fifty Seven Lakh Forty Thousand Only

been considered i.e 2840 Sq.Yd.

to be sold away abutting Road. The

ffers based on the extent and shape of

any purpose other than mentioned in this