property valuation report

5. VALUATION OF THE PROPERTY

5.1Measurement and Calculation

A.     Land Area Calculation
Lesser of the area recorded in the Land Ownership Paper (Lalpurja) and that measured at site is considered for
valuation.

Description Side a(ft) Side Side c(ft) S=(a+b+c)/2 Area= SQRT Remarks
b(ft) [s(s-a)(s-b)(s-c)]
sq. ft.

Triangular Area No.1

Triangular Area No.2

Land Area (in Ropani-Anna-Paisa -Dam system)

Measured Land Area Land Area taken
plot No. in Valuation
Land Area as per
lalpurja

say =r

5.2 Value of the Proposed Property

A.     Land
Lesser of the area recorded in the Land Ownership Paper (Lalpurja) and that measured at site is considered for
valuation. According to municipality policy, ...........right of way should be left.Following method has been
adopted to estimate the value of the land.

Market Rate : NRs. a per ropani

Government Rate : NRs. b per Ropani

Weighted Average Value (Fair market value) Calculation:

A.      As per Government Rate Fixed by Land Revenue Office, ………….Nepal
=NRs. b /Ropani x r /Ropani
=NRs. x
B.      As per Market Rate (1 Ropani=NRs. a)
=NRs. a /Ropani x r /Ropani
=NRs. y
Weighted Average Value = 30% of (A) + 70 % of (B)
=NRs. x + y
=NRs. Z

*Weighted average rate is based upon 30% weight for government rate and 70% weight for market rate

Valuator : Prism Engineering Consultancy Lekhnath-09,Begnas 1

property valuation report

5.3 Distress Value of the Proposed Property

Weighted Amount (Fair Distressed Distressed value

S. N. Property Remarks
Market value) Value (%) (in NRs.)

1 Land Z 80 z*0.8

Total - -

Valuator : Prism Engineering Consultancy Lekhnath-09,Begnas 2