Date : 2078-05-17

Valuation of Property
F
O
R
Mr. Bishwajit Khawas
Tilottama Municipality-15 , Rupandehi

Submitted to:

Karmachari Sanchaya Kosh

Branch Office, Butwal, Nepal

Submitted by:

Gautam Engineering Service

Siddharthanagar – 7, Rupendehi, Nepal
 CONTENTS
S.No. Description Page No.

1.0 General Information 2

2.0 Land Information 3

3.0 Importance of Location & Future Prospects 3

4.0 Valuation Methodology 4

5.0 Technical Details of Building 4-5
6.0 Land Area Calculation 5

7.0 Valuation of Land 5

8.0 Description of Civil Works 6
9.0 Valuation of Building 6

10.0 Summery of The Property Valuation 7

11.0 Remarks & Limiting Condition 7

12.0 Conclusion 8

13.0 Photographs 8
14.0 Location Plan & Site Plan 9-10

15.0 Annex
 2078-05-17

To
The Manager,
Karmachari Sanchaya Kosh,
Branch Office, Butwal, Rupendehi.

Dear Sir,

Please find the attachment property valuation report of Land & Building based on the
present market value which is to be mortgaged to office by the client Mr. Bishwajit Khawas
located at Tilottama Municipality-15 (Old Madhauliya, Ward No. 3), Rupandehi. The plot number
of the land is 3-Ka/ 1085. This report has been prepared by site inspection, verification &
measurement of the property. The information furnished in this report true and correct to the best of
our knowledge and brief.

The current value of the property based on prevailing market price comes NRs. 25,47,793.57 (In
Words: -Twenty Five Lakhs Fourty Seven Thousand Seven Hundred Ninety Three Rupees and
. Fifty Seven Paisa Only) & the distressed value comes to NRs. 23,94,414.44 (In Words: -Twenty
Three Lakhs Ninety Four Thousand Four Hundred Fourteen Rupees and Forty Four Paisa Only.)

All Necessary calculation & documents are attached herewith.

Thanking you for entrusting us with your profession works and assuring you of our best
professional service.

Sincerely yours,
For Gautam Engineering Services

........................... ...........................
Er. Madhu Gautam Er. Kshitiz Gautam
(Director) (Civil Engineer)
1. GENERAL INFORMATION

1.1 Purpose of Valuation : To appraise the mortgage value of the property

1.2 Date of Valuation : 2078-05-17

1.3 Name of Client : Mr. Bishwajit Khawas

1.4 Address : Tilottama Municipality-15 , Rupandehi

1.5 Telephone : 9847040632 & 9813275336

1.6 Father's/Husband Name : Mr. Chhabilal Khawas

1.7 Grandfather / In Law's Name : Mr. Bhakta Bahadur Khawas

1.8 Type of Property : Land and Building

1.9 Location of Property : Tilottama Municipality-15 , Rupandehi

1.10 Ownership of the property

To be mortgaged : Mr. Bishwajit Khawas

1.11 Relation between Client &

Property Holder : Self

1.12 Type of Region : Residential

1.13 Accessibility with

Road Size : The Property is linked to 12 feet wide Gravel Road
The Property is accessible throughout year.

1.14 Distance from River : -

1.15 High Tension Line : -

1.16 Available of Public Facilities :

Telephone : Yes
Sewerage : No
Electricity : Yes
Water Supply : Yes

1.17 Registered Municipality/

V.D.C. Drawing : Yes

1.18 Distances from Highway : Approximately 150 m. East side From High Way.
2. LAND INFORMATION

2.1 Survey Plot No.( kitta No.) : 3-Ka/ 1085

2.2 Date of Registration : 2072-01-14
2.3 Area of Land : (0-0-8) (B-K-D)

Kitta No. Bigha Kattha Dhur

3-Ka/ 1085 0 0 8.00
Total 8.00
Area In Sq.ft. 1457.78
Area In Sq.m. 135.48

2.4 Owner Ship Document : Attached

2.5 Land Taxes receipts
2.6 Government's notification for
land acquisition
2.7 Any Construction of land
2.8 Survey Map
2.9 Site Plan
2.10 As built plan of existing
building structure
2.11 Four Boundaries ( Char killas)
: Attached
: Attached
: Building is under construction
: Attached
: Attached
: Yes

Kitta No ( Plot No. ) 3-Ka/ 1085

East : 20 ft. Wide Gravel Road
West : Poshkanta Bashyal
North : Krishna Prasad Neupane
South : Deumaya Thapa

3. IMPORTANCE OF LOCATION & FUTURE PROSPECTS

3.1 Potential Residential

3.2 Physical Infrastructures ( Water Supply, Electricity, Telephone, Transportation)
3.3 Market, school, Pharmacy etc.
4. VALUATION METHODOLOGY

4.1 Land Value

Government Rate of Land ( In Nrs. )
Rate per Sq. ft. Rate Per Kattha Rate Per Dhur
267.49 975000.00 48750.00

Market Rate of Land ( In Nrs. )

Rate per Sq. ft. Rate Per Kattha Rate Per Dhur
1069.96 3900000.00 195000.00

Average Adopted Rate of Land ( In Nrs. )

Rate per Sq. ft. Rate Per Kattha Rate Per Dhur
748.97 2730000.00 136500.00

4.2 Building Value

4.2.1 Cost of prime items of construction

S.No. Description Rate in Unit ( + 15% ) Net Rate

Nrs.
1 B/W c.m. ( 1 : 6) 157.73 Cft. 23.66 181.39
2 P.C.C. ( 1: 2 : 4)
for foundation 155.47 Cft. 23.32 178.79
3 R.C.C. ( 1: 2 : 4)
for foundation 179 Cft. 26.85 205.85
4 Steel Work 65.25 Kg. 9.79 75.04
5 Plaster Work 11.65 Sft. 1.75 13.40
6 Timber Work 1880 Cft. 282.00 2162.02

4.2.2 Depreciation : 5% by Strightline method.

5. TECHNICAL DETAILS OF THE PROPERTY & EXISTING BUILDING

A. Structure ( Foundation / Structure ) : Isolated footing / Frame structure.

Finishing ( Plaster work / Paint) : Yes
Electrical works( concealed / surface) : Yes
Water Supply & Sanitary works : Yes

B. Rate of Construction materials

Materials Rate in Nrs. Per

Cement 550.00 Bag.
Sand 13.00 Cft.
Bricks 8700.00 1000 Nos.
Aggregates 15.00 Cft.
Steels 71.00 Kg.
Timber 1880.00 Cft.
Boulder 30.00 Cft.
C. Floor Area ( In. Sq. ft.) Constructed

Building area calculation as per site Condition

Description Avrage Length Avrage Breadth Area In Sq.ft.
Ground Floor 32 26.50 848.00
Total Ground Floor Area 848.00

Building area calculation as per Approved Municipality / V.D.C. Drawing

Description Length Breadth Area In Sq.ft.
Ground Floor 847.37
Total 847.370

Note : Lower area is taken for valuation purposed i.e. 847.37 Sq.Ft.

D. Age of Building ( In Year ) : 5 Year

6. LAND AREA CALCULATION

AS Per Site Measurement

Symbol Side a Side b Side c s=(a+b+c)/2 Total area in Sq. ft.
1 44.00 30.00 60.25 67.13 629.44
2 44.00 34.00 60.25 69.13 735.81
Total 1365.24
Area in Sq.m. 126.88
AS Per Cadastral Map Measurement
Symbol Side a Side b Side c s=(a+b+c)/2 Total area in Sq. ft.
1 44.00 30.00 60.25 67.13 629.44
2 44.00 34.00 60.25 69.13 735.81
Total 1365.24
Area in Sq.m. 126.88

Area as per measurement : 1365.24 Sft. 7.49 Dhur

Area as per Cadastral Map : 1365.24 Sft. 7.49 Dhur
Area as per Lalpurja : 1457.78 Sft. 8.00 Dhur

Area Consider for valuation : 1365.24 Sft. 7.49 Dhur

7. VALUATION OF LAND
Land Information Rate of Land per Dhur Amount
Location Kitta No. Area in Government Market Average
Dhur Rate ( NRs.) Rate ( NRs.) Rate ( NRs.)
Tilottama
Municipality-
15 , Rupandehi 3-Ka/ 1085 7.49 48,750.00 195,000.00 136,500.00 1,022,527.57
8. DESCRIPTION OF CIVIL WORKS ( UP TO PLINTH LEVEL )

S.No. Description of works Not started Partially Completed

executed on the Completed
recent visit
1 E/W excavation √
2 E/W filling √
3 Soling √
4 P.C.C. in foundation √
5 R.C.C. Work √
6 Masonry Work √
7 Door & window frame √
8 Door & window Shutter √
9 Plaster √
10 Painting √
11 Sanitary fitting √
12 Grills works √
13 Marble/Mosaic works √
14 Tiles fitting (Glazed ) √
15 Compound wall √
16 Electricity work √
17 Water Supply √

9. VALUATION OF BUILDING

Location Total floor Area Rate of similar Cost of Total Depreciation Present value Remarks
in Sq.ft. construction/ Sft. Building of the building
Tilottama
Municipality-
15 , Rupandehi 847.37 2400.00 2033688.00 508422.00 1,525,266.00

Ground Floor
Total Amount of Building 1,525,266.00
10. SUMMARY OF THE PROPERTY VALUATION

Floor area ( In Sq. ft. ) Constructed

Ground Floor 847.37 Sft.
Total Floor Area 847.37 Sft.

S.No. Property Accessed value Distress Value in Nrs. Remarks

Value % Distress
1 Land 1,022,527.57 85% 869,148.44
2 Building 1,525,266.00 100% 1,525,266.00
Total 2,547,793.57 2,394,414.44

10.1 Distress value of Land & Building

( Distress value 85% of fair market value) NRs. 2,394,414.44

In words : Twenty Three Lakhs Ninety Four Thousand Four Hundred Fourteen Rupees
and Fourty Four Paisa Only.
Note : Distress value of land has been ascertained as:

Property Situated at V.D.C. Property Situated at. Property Situated at.

at least 4'-0" wide Road Municipality with 4' to 9' Municipality with motorable
wide Gravel Road or V.D.C. with access ( Black Top Road width 10' &
at least 10' wide Road above
70% of Accessed Value 85% of Accessed Value 90% of Accessed Value

11. REMARKS & LIMITATION CONDITIONS :

► The options of the value sated are based upon facts & assumption identified in this report.
The market condition may change in course of time affecting the values.

► The property has bee physically checked to ascertain weather the building has been constructed
in the same land as describe.
► although the rules says The market price is four times of the malport rate.

12. CONCLUSION

All the infrastructure is available in the locality and the commercial value of the land is increasing day to
day. Hence, the land can be taken as collateral.
The assessed market value of land is NRs 2,547,793.57
The distress value of the land is NRs. 2,394,414.44
PHOTOGRAPHS
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PHOTOGRAPHS

Bird eye view of the plot by google earth indicated as red balloon arrow
(Coordinate: 27.579914, 83.471731)
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