MUNNESH CHOKSI

be civil; fie; ll.b; fiv; mici; mica

409-410 Titaanium- The Business Hub
Nr. Bhimrad Check Post, Bhimrad
Valuer for Wealth tax, income tax, Gift tax & Estate duty SURAT - 395017 Tel : 9016510056
ARCHITECTURAL & STRUCTURAL ENGINEER AND GOVERNMENT APPROVED VALUER.

Ref : \\Optimaserver\d\VHL\X\Axis\2019\March-19\[Sanskar Park_C-201_Adajan.xlsm]visit-1 Date : 02-03-19

Valuation Report Format for LAP/ Bungalow/Plot/Resale
Annexure - C
Mrs. Smita Suresh Panchal.
1 Name of the Customer
Mr. Krunal Suresh Panchal.
2 Customer ID 6103864354/9713136
3 Contact number of customer : 7359101139
4 Documents Provided : Approved Layout / Approved Building Plan / NA order / Four
Boundaries Details / Sale agreement
A Property details :
5 Flat no.: 201, 2nd Floor, Sanskar Park Sanskar Co.Op.Hou.Soc.Ltd.,
Flat No.: Building no.: C, Opp. Samrat Park, BSNL Office Road, Adajan, Surat. -
395009.
R.S. no.: 332, T.P.S. no.: 13 (adajan), O.P. no.: 125/A, F.P. no.: 284, Plot
S no/G. No/Khasra No.:
no.: A-2, Moje : Adajan.
Locality : Good
Road : BSNL Office Road
City : Adajan
District : Surat
Pin code : 395009
6 Nearby Land Mark : Opp. Samrat Park
7 Distance from City Center in km : About 8 to 9 km.
Availability of Local Transport : Bus / Private Vehical
8
Level of land with topographical condition Solid level land
9 Class Of Locality : Posh/ Higher Middle Class/Middle class/Lower middle Class/ Poor
10 Quality of Infrastructure in the vicinity : Good
10a Latitude and Longitude of the property : 21°20'82.44"N- Latitude and 72°78'95.61"E- Longitude
11 Boundaries: (Site Incpection) passage/Stair/Flat no.:
North : OTS South :
203 & 204

East : Flat no.: 202 West : Flat no.: 202

11a Boundaries: (as per document) North : NA South : NA
East : NA West : NA
12 Does the boundaries at site match, as mentioned
Not mentioned in sale agreement
in documentation?
13 Status of the Land/ Flat : Free Hold/Leased/Development Authority
14 Type of Property : Bungalow/Row house/Plot/ Flat/commercial
15 Approved usage of Property : Agri. / Industrial / commercial / Residential / Mix
Actual Usage of the Property : Agri. / Industrial / commercial / Residential / Mix
16
Development of surrounding area: Devloping / Under Devloping / Well Devloped
17 Type Of Structure : RCC framed structure No of floor: Gr.fl. + 4 upper flrs.
18 Occupancy Details : Owner Occupied / Rented / Vacant
Proximity ti civic amenities likes school, hospital,
19 Available nearby area
market, banks, etc.
Does property have electiricity / water / drainage
20 Yes/No
connection
B Approval Details :
Plans letter no. & T.D.O. no.: 67, Dt.:
19 Layout Approval No : Yes SMC
appvd. by date 01/08/1997

Plans letter no. & T.D.O. no.: 67, Dt.:

20 Building Plan Approval No : Yes SMC
appvd. by date 01/08/1997

21 Date of Commencement of Construction : 1997 Expected Completion : 1999

C Construction Details :
22 A) SBUA of flat: (as / sale agreement) 641 sq.fts. Demarcation at Site : Yes

23 B) BU area of flat: (as / sale agreement) NA sq.fts. floor wise break up (for residential Flat) as follows

24 Gr.floor NA sq.fts. Current Usage : NA

25 2nd floor 641 sq.fts. Current Usage : Residential
 26 Gr.floor NA sq.ft. Description: NA Current Usage : NA
27 1st floor NA sq.ft. Description: NA Current Usage : NA
28 2nd floor 641 sq.ft. Description: 1BHK Current Usage : Residential
29 Approved no of floors: Gr.fl. + 3 upper flrs. No of floors at Site : Gr.fl. + 4 upper flrs.

30 Total SBU area of Flat : (as per sale agreement) 641 sq.ft Details of Extra Const. : NA sq.ft
31 Recommended / Available Side Margin : Front NA Right Side NA

Left Side NA Back Side NA

32 Quality of construction: Good

33 Maintenance of the Property (For LAP / Resale /
Good
top up / HIL) :
31 Violations Observed if any : No
Whether Construction as per approved plan
32 Yes
(Yes / No ) :
34 Current Life of the structure : About 21 yrs. Old
35 Projected Life of the Structure : About 29 yrs. If properly maintained.
D Recommended Valuation of the Property
36 Land Area considered for valuation : NA sq.yds.
Recommended rate of the Plot : Rs. NA per sq.yd.
Total Value of land : Rs. NA (A)
37 Construction Area considered for valuation : 641 sq.fts. (SBU area)
Estimated Cost of construction : Rs. 2200 per sq.fts. (SBU area)
Total Value of construction : Rs. 1410200 (B)
38 Stage of Construction : % Work completed : 100%
% Disbursement Recommended : 100%
39
Current Value of the Property (Flat) : Rs. 1410200

40 Date of Property Visit : 28/02/2019

41 Valuation as per Government reckoner rates: Land NA sq.yds x NA per sq.yd.
Rs. NA
Const. 641 sq.fts. x 978 per sq.ft.
Rs. 626898
Total : 626898
42 Distressed valuation of the Property : Rs. 1128160
43 Rental Value Per Months: Not Known
Attachment :
1) 6 photos of the Property from inside/outside are attached.
2) 1 Location sketch for the property
Approaches Map : As per attached google image
(1) sales comparison (Composite rate) method is adopted for valuation.
Remarks : (2) Rate is considered on super built-up area of the property as per sale agreement.
(3) Adopted rates are derived based on comparison of similar properties in the same location.
Undertaking :
* I have personally visited the property & identified the same based on the documents provided.
* I/We have no direct or Indirect Interest in the property being valued.
* The information furnished above is true and correct to my/our knowledge.

Authorised Signatory & Stamp

(Munnesh Choksi)