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Er . VR. PALANIAPPAN B.E, F. I.

V
REGISTERED ENGINEERS & VALUERS
Plot No.38, Vel Complex, Ramakrishnan Street, EB Colony, Madurai -625017.
e-mail - Cell - 9629322666
vrpalani2k2@gmail.com

FINCARE VALUATION REPORT


Ref no :PL/FIN CARE/ANN/
Verification Type -
Technical Manager Mr.Chandrasekar - 98404 22003
Er .VR. PALANIAPPAN B.E, F. I. V
Valuer Name,Contact Details,Email ID &
REGISTERED ENGINEERS & VALUERS.
Code
Cell - 9629322666, E-mail - vrpalani2k2@gmail.com
Branch Name Annanagar
Loan Application Number -
Name of Applicant Mrs.S.Jayalakshmi
Name of the Property Owner Mrs.S.Jayalakshmi
Product LAP
Loan Type LAP
Distance from Fincare Branch in Km 9.6 Kms
GENERAL DETAILS:
1 Property Jurisdiction Urban
2 Property Type Flat
3 Locality Type Residential
4 Amenities Available Yes
5 Date on which Visit is done 04.08.2023, 1.15 PM
Has the Valuer Done Valuation of this
6 Property Previuosly? If yes ,When and -
for Whom
Persons Name & Contact No. available
7 Mrs.S.Jayalakshmi
During Visit
As per Ownership
Description As per Approved plans As per Physical visit
Documents
Name of the Property Owner Mrs.S.Jayalakshmi - Mrs.S.Jayalakshmi

SF.No.327/1B, Plot No.46,


8 First Floor, Lotus Avenue, Plot No.46, Door No.
No.73, Ayappakkam 4604, First Floor, Lotus
Property Address Description Village, Ambattur SRO & - Avenue, Ayappakkam
Taluk, North Chennai Village, Ambattur,
Registration District, Chennai -600077.
Thiruvallur District.

9 State Tamilnadu
10 Pin Code 600077'
11 GPS Coordinates Latitude 13.089464, Longitude 80.132837
12 Nearest Landmark Artha Pristine Avenue
13 Within The Limits Of Municipality
Particulars Name Distance in Km
14 Nearest Railway Station from property Tirumullaivayil Railway Station 5.6 Kms

15 Nearest Bus Station from property Ayappakkam Bus Stop 3.0 Kms
16 Nearest State Highway from property Avadi Main Road 2.5 Kms

Nearby Market, Hospital, School,


17 College and Police Station with Dr Mehta's Hospital 5.3 Kms
Distance

DOCUMENT DETAILS:
Registrar office/
Particulars Date Ref. No. Competent
Authority

18 Ownership Documents - Sale Deed 14.12.2015 16909/2015

Ownership Documents - Sale


-
Agreement Deed
Ownership Documents -(Sold) Sale
19
Deed

20 Sale Agreement NA

21 RERA registarion certificate NA

22 Layout Plan NA

23 Approved Building Plan

Commencement Certificate / -
24
Construction Permission
Occupancy Certificate/ Completion
25 NA
Certificate

26 Property Tax / EB Paid Bill Latest Yes 0903304766 in the Name of S.JAYALAKSHMI

27 Building Estimation NA
28 Khata NA
29 NA Conversion Order NA
30 Allotment Letter NA
31 Patta NA
32 Other - 1 NA
33 Other - 2 NA
BOUNDARIES:
As per Ownership
Direction As per Approved plans As per Physical Visit
Documents

North Plot No. 49 - Residential Building

South Road - 40 Feet Wide Mud Road


34

East Plot No. 45 - Residential Building

West Plot No. 47 - Residential Building

DIMENSIONS IN FEETS :
As per Ownership
Direction As per Approved plans As per Physical Visit
Document

North 0.00 Ft - 0.00 Ft


35 South 0.00 Ft - 0.00 Ft

East 0.00 Ft - 0.00 Ft

West 0.00 Ft - 0.00 Ft


LAND/PLOT- Details of plot Only
As per Ownership
Particulars As per Approved plans As per Physical Visit
Documents
Plot/Property
36 Residential Not Available Residential
Usage
Property
37 YES NO YES
Demarcation
Property
38 YES NO YES
Identification
39 Ownership Freehold

40 Agreement Value NA
Land Area Considered for Valuation
41
(Sft)
42 Name of the Seller
Prevailing Market Rate Range for Land
43 From Rs. 7500/- Sq.ft To Rs. 8500/- Sq.ft
(Rs./sqft)
Comparables with name and contact
44 .
number
TECHNICAL DETAILS
45 Project Name Self
46 Developer Name Self

47 Type of construction RCC


48 Number of Storey GF+FF

49 Age of Property in Years/Months GF+1(RCC)- 5 Years

50 Residual Age in Years GF+1(RCC)- 50 Years


51 Type of Access Road Mud
52 Type of Roofing RCC
53 Type of Flooring Vitrified (Tiles)
54 Masonry Brick Masonry

55 Provision of lifts with condition NA


Provision of Toilet, Water, Electricity,
56 Electricity,
Drainage
Govt Public Transport Availability to
57 Yes
the location
58 Occupancy Percentage in Project GF+1- 100%
59 Surrounding Development Good
60 Property Marketability Good
61 Present Occupancy Details Tenanted

62 Does Property is with in NDMA Norms Yes/No

As per ownership
Description As per Approved plans As per Physical visit
Document

Type of Structure RCC RCC

63 No. of Blocks /Wings/Types


No. of Floors GF+1 GF+1
No. of Units on each Floor 1BHKT
Property Located on Which Floor FF FF
Description of Construction Stage in
64
Words
Over all Construction Stage in
65 100%
Percentage
Setbacks As per Plan Actual at site Deviation
Front - - -
66 Side1(Left) - - -
Side2(Right) - - -
Rear - - -
VALUATION
As per ownership As per Approved plans As per Physical
Document / Bye laws visit
67 FSI/FAR

68 Land /Plot Area / UDS 568.00 Sq.ft

Type of Flat -

69 Carpet Area (in Sft) 862.20 Sq.ft - 862.20 Sq.ft

Builtup Area (in Sft) 958.00 Sq.ft - 958.00 Sq.ft

Saleable Area (in Sft) 958.00 Sq.ft - 958.00 Sq.ft

70 Final Area in Sqft 958.00 Sq.ft Rate/sqft Rs 8300/-

Rs 7951400/-

Depreciation (or) work to be done in


71 3%
percentage Construction Cost Only

72 Depreciation Rs 238542/-

73 Total value of the Building as on Date Rs 7712858/-

74 Fair Market Value of the Property Rs 7712858/-

Fair Market Value of the Property in


75 Rupees Seventy Seven Lakhs Twelve Thousand Eight Hundred And
Words Fifty Eight Only

75 Insurance Value Rs 7712858/-

76 Forced Sale Value Rs 5784644/-

Declaration:
Report Date & Time 04.08.2023, 1.15 PM

1. Property identified as per provided documents.


2. Property is Residential Building FF(RCC)- 1BHKT
Final Remarks 3.A Copy of Sale deed with Doc No -16909/2015 In The Name Of
Mrs.S.Jayalakshmi. As per Document Super BUA Area- 958 Sqft.
4.So We considered Document BUA for valuation.

Report Status POSITIVE

1 I have no direct or indirect interest in the property valued

2 Information furnished in the report is true and correct to the best of my knowledge and belief

3 Ownership papers / Sale deed may please be verified at your end to ascertain the right title &areas

4 Surrounding area of the Property is Detached Building area and it is Developing as a Residential Area.

Fair market value indicated in the report is an opinion of the value prevailing on the date of the said report and is based
on market feedback on values of similar properties. Client is free to obtain other independent opinions on the same.
5
Fair market value of such properties / localities may increase or decrease,depending on the future market conditions &
Scenarios. Report does no certify or confirm any ownership or title of the property that has been valued.

6 No Structural survey was conducted by us.

7 Validity of this report is for 90 days from date


SITE PHOTOS
Route Map: Satellite Map:

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