SHIKHAR CONSULTANCY

Regd. Architect Design, Civil Construction Consult & Property Valuation

Banepa Municipality Ward no.-5
Kavre, Nepal

Date-2067-12-03
COUNTRY DEVELOPMENT BANK LTD,
BANEPA-10
KAVRE PALANCHOWK DISTRICT
NEPAL

Dear Sir,
VALUATION CERTIFICATE
We are submitting herewith the valuation Report of the property, which are
intended to be mortgaged to the Bank by:
Client: Mr.Rekesh Kayastha
Address: Banepa Municipality Ward No.-10, Kavre District
Owner of property: Mrs.Resma Taujale
Location of property: Banepa Municipality Ward no.-5, Kavre District
Ward no.: Previous- Dachhu Tole-5 & Present-Banepa
Municipality Ward no.-5
We have taken all care to ascertain the value of the property as directed by the client
We hereby certify that:
01. We have physically inspect & verified the property on March 13, 2011
02. We have no direct or indirect interest in the said company or the properties.
03. The information furnish is true and correct to the best of our knowledge & belief, which
are based on the documents with furnish by the client.
04. The Value of the properties with remarks (attached on the separate heading)
As on the relevant date March 17, 2011 are as follows
Description Net Distress Value Net Fair Market Value
i)Land Plot no.- 580 14, 85,840.00 24, 00,000.00
Area=0-3-0-1
ii)Building - -
Total 14, 85,840.00 24, 00,000.00
Say Rs. 14,80,000.00 24,00,000.00
All necessary calculation and document are attached herewith for the reference and
record. Thanking you.

Yours sincerely

........................................................
Sarojana Siku
For Shikhar Consultancy
Banepa -5
 SUMMARY OF THE VALUATION REPORT

 PURPOSE OF VALUATION : To mortgage at

COUNTRY DEVELOPMENT BANK LTD,

Banepa-10
Kavre Palanchowk District, Nepal

 CLIENT

Name: Mr.Rekesh Kayastha

Age: 30 Year
Address: Banepa Municipality Ward No.-10, Kavre District
Father’s Name: Mr.Kuber Krishna Kayastha
Grandfather’s Name: Mr.Narayan Krishna

 OWNER OF THE PROPERTY

Name: Mrs.Resma Taujale

Age: 29 Year
Address: Banepa Municipality Ward No.-9, Kavre District
Father’s Name: Mr.Tok Bahadur Taujale
Grandfather’s Name: Mr.Nati Prasad
Husband’s Name : Mr.Rekesh Kayastha

 LOCATION OF THE PROPERTY

Town: Banepa Municipality Ward no.-5, Kavre District

Ward No.: Previous-Dachhu Tole-5&Present-Banepa Municipality Ward no.-5
 FOUR BOUNDARY OF PROPERTY(as per confirmation letter )

East: Plot no.-579, Earthen Road

West: Plot no.-578 Land
North: Road
South: Plot no.-581 Land

 LIST OF PROPERTY EVALUATED

 Building :
No. storey :
Type of construction :
Total built-up Area :

 Land
Plot No.: 580
City : Banepa Municipality Ward no.-5, Kavre District
Ward No : Dachhu Tole-5 & Present- Banepa Municipality Ward no.-5
District : Kavre Palanchowk

 Area of Land registered

Plot No. : 580
Total Land Area : 0-3-0-1 Ropani-Aana-Paisa-Daam
 REMARKS & LIMITING CONDITIONS

 The opinions of value stated are based upon facts and assumption identified in this report.
The valuer takes no responsibility for changes in market conditions.

 The stated opinions of value are effective as of the date of value based upon information
that was available to the valuer at the time the valuation analysis was conduct. Values
may changes substantially with time, and the valuer reserves the right to alter stated
opinion of value if relevant information later becomes available.

 To the best of our knowledge all matter of factual nature discussed in this report are true
and correct .No important factor have been intentionally overlooked or withheld.

 The property has been physically checked.

 The evaluated property is located at Banepa municipality Ward no.-5,Sub-Karuna Marga

 LEGAL ASPECTS

Following related documents have been checked and noted as under

 Land Ownership Document( Lalpurja )

a. Type of Ownership : Single
b. Ownership of land : Freehold
c. Name of the Owner : Mrs.Resma Taujale
d. Father’s Name : Mr.Tok Bahadur Taujale
e. Grandfather’s Name : Mr.Nati Prasad
f. Husband’s Name : Mr.Rekesh Kayastha
g. Name & address of tiller : Not applicable
h. Location : Banepa Municipality Ward no.-5
i. Ward No. : Previous-Dachhu Tole-5 & Present- Banepa
Municipality Ward no.-5
j. Plot No. : 580
k.Total Area recorded in document : 0-3-0-1
l. Comments (if any) : None
 Land Revenue (Malpot)
a. Whether Current Revenue has been paid : Current Land Revenue has been paid
b. Comments (if any) : None
 Land Registration Paper
a. Whether Normal sale/Gift : Not Known
b. Date of Registration : Not Known
c. Whether 6 month 34 days incase of normal
Sale & 2 year in case Gift has elapsed. : Not Known
d. Comments (if any) : Land registration paper is not furnished
 Map of the plot prepared by Govt. Survey Department
a. Whether the plot is indicated in the map : Yes
b. Whether access is clearly marked on the map
Prepared by Govt. Survey Department : Yes
c. Whether the shape of land in field tally with map: Yes
d. comments (if any) : None
 Table No. 3
Evaluation details

1. a. Value of house; Total area sq.ft. @ Rs. Sq.ft. Rs

b. Electrification: 5% of (a) Rs

c.Miscellaneous: Rs

d.Sanitation: 5% of (a) Rs

Sub Total Rs.

e. Depreciation: @ % per annum for years % -Rs.

Sub Total Rs.

2. a Value of land containing the house: Total

@ Rs. Per haat Rs.

2. b Value of land inside the road: Total 0-3-0-1= 3.062

Aana @ Rs. 4, 85,251.46 Per Aana Rs.14, 85,839.97

Total Value of land Rs. 14, 85,839.97

3. Miscellaneous Deduction: Rs.- 5,839.97

Recommended value of Land: Rs. 14, 80,000.00

In words Rs. Fourteen lac Eighty Thousand only.

...................................
Signature of Evaluator
Date: 2067-12-03
RECOMMENDE VALUE OF THE PROPERTY

Table No. 3.a Rs

Table No. 3.ba Rs

Table No 3.d Rs

Table No. 3.e Rs.-

Sub Total Rs.

Table No. 3-2.b Rs.14, 85,839.97

Total Rs. 14, 85,839.97

Miscellaneous Deduction Rs -5,839.97

Total Value of property Rs. 14, 80,000.00

I have done the valuation of the fixed property owned by of Mr.Rekesh Kayastha for the
propose of security in the favor of M/s Country Development Bank Ltd, BANEPA after
conducting the field survey & measurement. I have not prepared the said particular knowingly to
cause losses to the company. Base on the above facts, the value of the said Land has been
determined as N.Rs.14, 80,000.00 (In word Rupees Fourteen lac Eighty Thousand only) and
recommended that the said land may be taken as security.

........................................ ......................................
Signature of mortgagee Signature of Evaluator
Date: Date: 2067-12-03
VALUTAION TABLE OF LAND

LAND RATE

1. Rate adopted by Government. Agencies:

Minimum Registration Rate notified by
Malpot Department : 6, 00,000.00 Per Ropani

2. Prevailing market rate within the locality : Per Ropani

: 1, 50,000.00 Per Haat(7, 83,801.43 Per Aana)

3. Weighted Average for distress value
Calculation % Rs

a.RateadoptedbyMalpotDept. 0-3-0-1=3.062 Aana

=0.191 Ropani* 6, 00,000.00 = 1, 14,600.00 : 40 45,840.00

b. Prevailing rate considered 0-3-0-1=3.062 Aana

=16.0 Haat * 1, 50,000.00 Per Haat = 24, 00,000.00 : 60 14, 40,000.00

Sub Total Rs. : 14, 85,840.00

Per Aana (14, 85,840.00 / 3.062 Aana) : 4, 85,251.46

Per Haat (14, 85,840.00 / 16 Haat) : 95,865.00

4. Land Rate adopted in this valuation for

Fair Market value Rs. : 1, 50,000.00

5. Land Rate adopted in this valuation for

Distress value Rs. : 4, 85,251.46(7, 83,801.43 Per Aana)

...................................
Signature of Evaluator
Date: 2067-12-03
 REPORT

Location

The property is located as such

 Road, street or lane on which property

Is abutting : The evaluated property is situated at Sub-Karuna
Marga Banepa municipality-5
 Width &type of road : 12’-0”.wide Kulo/Earthen Road
 Distance from Road,chowk ,Temple or any
Prominent point etc. : Nearly East side Karuna Marga & Naya Basti.
 Distance of permanent structure form center
Line of road
Commercial Importance
Present importance of locality is as follows :
 Proximity to Civic amenities e.g. Market
, School, Hospital Office, etc : These facilities are available within the locality.
 Means & proximity to surface transportation by
Which locality is served : Surface Transportation cannot reach to the
property.
 Uses of land and Building e.g. vacant, farm,
Garden, Barren land, developed for residential
Purpose, or as factory, & residence : Residence
 Features for increase of value of property : None
 Features for decrease of value of property e.g.
Hazardous factory, Noise generating factory,
Sewage dumping, Water logged area : None
 Report contd...

Description of Land

 Shape of land e.g. Rectangular

Triangular, Trapezoidal, Irregular : Rectangular
 Frontage,Depth,Facing of land : Frontage : 24’-0”
: Depth :
: Facing : East
Requirement of filling :
 Area recorded on legal Document : 0.191 Ropani
Or, 0-3-0-1 Ropani-Aana-Paisa-Daam
Area (according to measurement) : App. Same
Classification of Land : Dha.Sim.

Description of Building

 Facilities available in bldg. e.g. Electrification, Water

Supply, sanitary & telephone :
 Architecture of building e.g. Modern ,out dated
Residental, office, Hotel, Shope & other :
 Comments on present condition of building e.g.
Cracks on wall paint peeling on door, cracks on
Roof, poor drainage, Dampness on wall broken
Glass pane of window etc. :
 Strength of construction e.g. Over strong/
Strong / Normal /Weak :
 Requirement of repair e.g. Immediate /Periodic :
 METHOD OF VALUATION

 LAND

Comparative method is used for estimating value of the land.

In this method, the sales from transactions of vicinity of land properties are studied and
then a fair price for the land is fixed based on the collected data. The physical natures
such as length, width, situation etc.are required to be considered in detail before fixing up
the price.
Extensive inquiry is carried out by our associates with the local residents familiar with
the property transaction around the locality to find out the current buying and selling
price of the land.

 BUILDING
ANNEX
 VALUATION REPORT

FOR

COUNTRY DEVELOPMENT BANK LTD.

Banepa-10

Client's Mr. Rekesh Kayastha

Address: Kavre Palanchowck, Banepa Municipality Ward No.-10
Owner of property: Mrs.Resma Taujale
Address: Kavre Palanchowck, Banepa Municipality Ward No.-9
Location of property: Previous- Dachhu Tole-5 & Present-Banepa Municipality Ward no.-5

Shikhar Consultancy
Regd. Architect Design, Civil Construction Consult & Property Valuation
Karuna Marga Banepa Ward no. -5
Kavre District, Nepal
Tel: 011-661386

2066/2067