Valuation of Asset

Name of Owner's: Mrs…

Address:- Tikapur-1

S.N. *Building* No. Length Breadth Area Unit Rate (NRs.) Amount (NRs.) Remarks
Structure Type: RCC Frame
Ground Floor 1 561.09 Sq. ft.
1st Floor 1 565.09 Sq. ft.
Total 1126.18 Sq. ft.
Rate based on
Total Valuation of Building 1126.18 Sq. ft. 2524.53 2843075.195 XYZ District Rate
FY079/80
*Land Plot No.:- 1071
*Land Area:- 1525.81
*Built-up Area:- 561.09 Sq. ft. 3214.0248 1803357.197
*Non Built-up Area:- 964.72 Sq. ft. 3214.0248 3100634.044
Total 1525.81 Sq. ft. 4903991.23

Cost of Building at Present ( C ) 2843075.195

Scrap Value @10% ( S ) 284307.52
Life in Year ( n ) 60
Number of year Building Was Built ( N ) 2
Straight Line
Annual Depreciation of Building ( D ) = (C-s)/n 42646.12792
Method
Book Value of Building ( BV) = Original Cost - N*D 2,757,782.94
Land Value ( LV Built-up) 4,903,991.23
Total Value of Building with Built-up Area (TVb) 7,661,774.17