• NAME OF THE FIRMS : SIGMA ENGINEERING CONSULTANTS

• CHARTERED ENGINEERS : MECHANICAL, CIVIL, ELECTRICAL &

ELECTRONICS & ARCHITECTS

• APPROVED VALUERS : LAND, BUILDING, PLANT & MACHINERY

• GOVT. REGD. VALUERS : LAND, BUILDING, PLANT & MACHINERY

• SURVEYORS / LOSS : BUILDING, MACHINERY, FIRE
ASSESSORS & VALUERS AUTOMOBILES, MARINE ETC.,
(GOVT. APPROVED)
• AREAS OF : VALUATION OF IMMOVEABLE &
SPECIALISATION MOVEABLE ASSETS
:
VALUATION OF VEHICLES
:
INVENTORY OF IMMOVEABLE &
MOVEABLE ASSETS & INVENTORY /
STOCK AUDIT
:
LENDERS INDEPENDENT ENGINEERS
:
COST ANALYSIS
:
TECHNO ECONOMIC FEASIBILITY
REPORTS
:
REAL ESTATE & MARKET SURVEY &
VALUATIONS OF MAJOR PROJECTS,
TOWNSHIPS
:
PROJECTS : PRODUCTIVITY ANALYSIS
:
INDUSTRIAL ENGINEERING & VALUE
ENGINEERING.

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 • Name of the company visited:- SIGMA ENGINEERING
CONSULTANTS
• Address:- Unit No. 501, REENA COMPLEX, Vidyavihar

(W), Mumbai - 400 086.

• Constitution:- Proprietor Ship Concept
• Year of inception:- 1999
• Name of the proprietor:- MR. SANJAY C. NAGAR
• Name & date of inspection:- 25th of January, 2011.
• Activity:- Government Approved Service Provider Of
Valuation Reports
• Office timing: - Morning 8.30a.m. To Evening 7.00 pm
• Staff strength: - Engineers (15 nos.)
Clerical Staff (12 nos.)
Support Staff (6 nos.)
• Areas of specialization: -
1. Valuation Of Movable And Immovable Asset
2. Valuation Of Vehicles
3. Lenders Independent Engineer
4. Cost Analysis
5. Techno Economic Feasibility Report
6. Projects:- Productivity Analysis Industrial
Engineering & Value Engineering

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Every individual makes use of the art of valuation without
realizing it, because when he purchases a commodity, he
balances the value of money parted by him against the value
received in the form of the other commodity. The work “value” is
difficult to define precisely and a number of books of economics
have dealt with the problem. The definition by Hadley is: “A
price is a fact and a value is an estimate of what the price
ought to be”.

Valuation is the process of determining the open market.

Resale prices of assets under given market. Circumstances
and current physical condition of assets. Assets could
compromise of tangible assets, i.e. assets having physical
existence which covers Plant, Machineries, Land, Building,
Factory Premises, Flats etc. and intangible assets, that do not
have physical existence which covers Goodwill, trademarks,
Brands, License, approvals etc. Valuation of Plant &
Machineries, involves physical inspection of Plant & Machines
in working & non-working condition, Analyzing the technical
details, specifications, Productivity of individual machines and
output of the entire plan and thereafter analyzing the
adapting sale ability of such machines in current technical
market.

The valuation process would involve investigating the

market price of similar/new machines or plant and
appropriately depreciating then on account of its ages,
physical condition, technical factor and its economic
service life.

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It is an organization providing the services of evaluates the land &
building, plant & machinery, commercial as well as industrial
premises. It is a large scale organization doing business under
sole proprietary concept. The sole proprietor named MR. SANJAY
NAGAR is qualified engineer as well as valuer who is in the panel
on different banks which are as follows:
Banks and finance institution

• State bank of India(SBI)

• Indian bank(IB)
• Shamrao vitthal bank(SVC)
• Development credit bank(DCB)
• Industrial development bank of India(IDBI)
• Reliance housing finance
• Edelweiss housing finance
• Kapol bank
• State bank of Travancore (SBT)
• State bank of Beckoner & Jaipur (SBBJ)
• Ing Vysya Bank

This Company Provides The Following Reports/

Certificates.

• Valuation report of plant & machinery.

• Valuation report of land & building.
• Appraisal report for huge construction projects.
• Techno economic viability report.
• Progress report for construction project.
• Issue of assessment & cost certificate.
• Valuation reports of commercial complexes.
• Valuation report of residential complexes as well as flats.

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 • Valuation report of factories.
• Project vetting.

Basically valuation gets done in according to get the market value

of the respective asset. But there are certain needs to do the
valuation in order to achieve the objective. There are some
common needs of valuation.
• In order to get the loan from bank or other financial
institution against the property.
• To do the enhancement
• For visa purpose
• For Taxation purpose
• For Auction purpose
• For Solvency certificate
• For joint ventures

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We carry out detailed valuation of all assets of industries as under :
1} Construction Industry
2} Chemicals
3} Pharmaceutical & Drugs
4} Iron & Steel Industry
5} Plastics
6} Engineering
7} Electrical & Electronics Industry
8} Fabrication Industry
9} Techno Feasibility studies, Revival & Rehabilitation Schemes &
BIFR Cases.
10} Metallurgical Industries.
11} Manufacturing Industries.
12} Miscellaneous.

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Following are the process of the organization of achieving
their short time goal (done the valuation).
• Organization get the trigger: - As I stated above that
the proprietor is a panel valuer of the bank & financial
institution the bank provide detail of their customers to
whom they want to do the valuation. It involves the
document of the respective asset, contact no. of the
customer & customer Id.
• Documentation: - The Company verifies the document
which is provided by the, sometimes it is also provided
by the customer. The company verify the document
whether it is proper, true or not.
• Inspection of the property: - Then the next
procedure of the organization is to do the physical
inspection. It involves the following procedure
• Contact the customer: - In this process engineer
contact the customer. To get the appointment.
• Appointment: - In this process after contact the
customer engineer gets the appointment.
Appointment is nothing but the inspection timing of
respective asset.
• Inspection: - After getting the appointment,
engineer reached to the respective asset area and
they check the physical condition of the asset.
They also check the physical and mechanical as
well as working age of the asset. Internal as well as
external environment which effect on the property.
Age of that asset. They take the photographs also
to proof the bank that visit is done by themselves.
They check the amenities of the respective asset.

• Inspection in the written form: - After completing

the investigation engineers just write all the data which
they analyze at the time of inspection and just deliver to
the clerical department. They prepared the report
according to respective bank format.

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• Certified by authorized person: - After the proprietor
as certifies preparing the physical form report he is an
authorized person & senior engineer.
• Send to bank: - After approval, the report is sent to
the bank.
• Revenue: - As the report reached to the bank. Bank pay
for this services and the process of valuation get over
here.

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 PROPREITOR

ENGINEERS CLERICAL STAFF SUPPORT STAFF

Accounting staff

High level of management is totally in the hand of proprietor,

MR. SANJAY C. NAGAR. All planning and organizing process
done by himself. Than the other implementation work is done
by engineers, clerical staff, and support staff.

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I owe a great many thanks to a great many people, who
helped and supported me during writing of this project.

My deepest thanks to lecturer MR. SACHIN ARCHAREKAR,

who guide me on the concept of respective commercial visit
and report.

My deep sense of gratitude to the MR. SANAJAY C. NAGAR

sole proprietor of an SIGMA ENGINEERING CONSULTANT,
the support and guidance, thanks and appreciation to the
helpful people in sigma consultants.

As well as I hereby declared that whatever information I

provide here is accurate according to my knowledge. It is first
hand and not copied from anywhere.

________________________

Signature of the student

Sheikh Unaeza A.S.
FYBFM –SEM-II
Roll no. 28

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