LaxmiNarasimhaa K. A. M.B.A.

FIIV 36, Puttanna Road, Basavanagudi, Bangalore 560 004

Engineer & Approved Valuer Ph: 98455 35438 E-mail: krishnaa0205@yahoo.com,
Reg. No. CAT 1/F-2635/11 www.iyengaarsrealtors.com

PROPERTY VALUATION REPORT

Purpose of Valuation To Know the True Market Value
Court Purposes
Date of visit January 14th, 2012
Date of report 31st January, 2012
Valuation of the property as on dated 3rd July 2010
Details of Following Assessed Properties
Name of the Property Owner/s XYZ,
Son of Shri. ABC
Person present at the time of Property Mr. ABC
Inspection
Furnish details such as Share of Single Ownership
each owner if under joint ownership
Address of the Property Independent Residential House
at BDA Site # XYXY, ABC,
Mnqrst
Commercial/Residential/Industrial Area Residential House
CLASSIFICATION
High/ Middle/ Poor Middle Class
Coming under corporation Limit, Village BBMP City limits
Panchayat / Municipality
Plot Dimensions & Area etc Independent Residential House
consisting of Ground and 1st Floor
house at abc, def ,
City - 000 000 India
Measurements E-W: 40’ and N-S: 30’
& Boundaries East: By Road
West: Private Property
North: Private Property
South: Private Property
Photocopies of documents perused i. Sale Deed dated.
03.07.2010
ii. Physical inspection of the
property
Extant of Land & Percentage of Built- Approximately 1200 sft of Land
up area/floor space index area on a 40 x 30 plot.
Lease hold/free hold (if lease hold Free Hold
furnish the name of the lessor/lessee,
nature of lease duration of lease and
terms.
Range of Market rate of similar Rs. 2800/- to Rs. 3800/- per Sft
properties in the locality in July
2010

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LaxmiNarasimhaa K. A. M.B.A. FIIV 36, Puttanna Road, Basavanagudi, Bangalore 560 004
Engineer & Approved Valuer Ph: 98455 35438 E-mail: krishnaa0205@yahoo.com,
Reg. No. CAT 1/F-2635/11 www.iyengaarsrealtors.com

Guidance value rate of Residential Rs. 1500 – Rs. 2000/sft

properties in the locality in 2010
Applicable rate for land with detailed Rs. 3200/Sq.ft (as per prevailing
justification market rate)
Shape of the property and other details Rectangular Shape of 1200 sft
with a built house of 646 sft in
Ground Floor and 646 sft in 1st
Floor
Corner / Intermediate etc. Intermediate site
Approximate Distance from Y Kms. from Ring Road, and
about x Kms from M G Road
Availability of Civic Amenities like Bus All Amenities are available,
Stop, School, Hospital etc School, Hospital etc. within 2 Km
radius, it is a developed area in
close proximity to the Fire Station
and Petrol Pump, and HBR-BDA
Complex etc
Nearby Landmarks HBR Layout BDA Complex, Petrol
Pump, etc
SPECIFICATION OF CONSTRUCTION
SL # DESCRIPTION Residential House
1 Foundation SSM in 1:8
2 Super structure 9” BBM in CM 1:6
3 Roof 1:2:4 RCC
4 Joinery Wooden doors & windows
5 Flooring Both floors, partially vitrified flooring; &
vitrified tiles in bedrooms
6 Painting OBD/Emulsion
7 Electrical Concealed pipe wiring
8 Toilet 7’-0” Tiles with fittings

VALUATION OF LAND
Value of land As Below
Unit Value of land with detailed Rs. xy00/Sq.ft (as per CMP)
justification
Built Area of the property 646 sft + 646 sft = 1292 sft
Total area of Land 1200 sft
Maintenance of building Good
Future life of building 55 Years
Total Market Value of the Land xx00 x xxxx = 38,40,000.00

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LaxmiNarasimhaa K. A. M.B.A. FIIV 36, Puttanna Road, Basavanagudi, Bangalore 560 004
Engineer & Approved Valuer Ph: 98455 35438 E-mail: krishnaa0205@yahoo.com,
Reg. No. CAT 1/F-2635/11 www.iyengaarsrealtors.com

Guidance Value of Land

ANNEXURE II (BUILDING)
Nature of the building Residential House
Year of construction & No. of Floors 2005, Two Floors Viz: Ground &
1st Floor;
Maintenance of building Good
Value of Building
Ground & First Floor: 1292 x 1,000 = 12,92,000.00
Less Depreciation 96,900.00
@ 1.5% p a x 5 years
Value of Building after Depreciation 11,95,100.00
Add Market Value of the Land 38,40,000.00
Market Value of Land and Building 50,35,100.00

Estimated Fair Market Value of the Residential House

Value as on Date Value in INR

January 31st, 2012 59,82,202.00

July 3rd, 2011 54,88,259.00

July 3rd, 2010 50,35,100.00

The Estimated Maximum Fair Market Value of the above property between
Jan 1st 2010 to July 31st 2010 is Rs. 50,35,100.00

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LaxmiNarasimhaa K. A. M.B.A. FIIV 36, Puttanna Road, Basavanagudi, Bangalore 560 004
Engineer & Approved Valuer Ph: 98455 35438 E-mail: krishnaa0205@yahoo.com,
Reg. No. CAT 1/F-2635/11 www.iyengaarsrealtors.com

Summary
Summary of the Residential house and land as on July 3rd, 2010, owned by
Mr. XYZ, son of ABC, are as under

Independent Residential House Rs. 50,35,100.00

at XYZ, ABC
Total Rs. 50,35,100.00

CERTIFICATE
Certified that to the best of my knowledge and belief, and in my considered
opinion, the Fair and Reasonable Market Value or Intrinsic Value (IV) of the
property valued above as on July 3rd, 2010, is approximately
Rs. 50,35,100.00 (Rupees Fifty Lakh Thirty Five Thousand One Hundreds
Only)
Dated : 31st January, 2012
Place : Bangalore

LaxmiNarasimhaa K. A. M.B.A. FIIV

Approved Property Valuer
Reg. No. CAT 1/F-2635/11
Engineer & Approved Valuer
DECLARATION
I, hereby declare that
(a) The information furnished above is true and correct to the best of my Knowledge and belief;
(b) I have no direct or indirect interest in the property valued;
(c) I and or my assistants have personally inspected the property on January 14th, 2012
(d) Value varies with purpose & this report should be used only for the purpose mentioned.
(e) Our fee/s for analysis and preparation of this report are not contingent upon any conclusions
being reached and/or results being achieved. These fees do not include expert witness
testimony or deposition fees for presenting or supporting the conclusions reached in this report.
(f) I/we are not required to give testimony in court, or be in attendance during any hearings or
depositions, with reference to the property being valued unless previous arrangements have
been made for the same.

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