VALUATION REPORT

ON
LAND & BUILDING
APPLICANT
Name: Mrs. xyz

Owners Of The Property

Mrs. xyz

Prepared By
Er. xyz
LOCATION
Email: @gmail.com

5 FEBRUARY, 2021
 5 FEBRUARY, 2021

TO WHOM IT MAY CONCERN

This is to certify that total value of property Mrs. xyz is true to the best of my knowledge and
beliefs, which is based on the documents furnished by the applicant and inquiries made in the
neighborhood. Details of the property of individual and the values are shown in the sheets
attached herewith.

Summary of Fair Market Value of Property

Type of Fair Market Value
S.N. Owner's Name Plot No.
Property (NRs.)
1 Mrs. xyz Land 38,50,397.46
1772
2 Mrs. xyz Building 28,00,429.07
Grand Total In NRs. 66,50,826.52

In words: Sixty Six Lakh Fifty Thousand Eight Hundred and Twenty Three Rupees Fifty Two Paisa
only.

All the necessary calculation details have been given and the ownership certificates are
attached herewith this report.

……………………………………………
Er.
Civil Engineer
Engineering Council Regd. No.
Category “A”
 VALUATION OF LAND

A. Owner's Name: Mrs. xyz

Land Value Calculation (Fair Market Value)

Area of Land Rate Per

S. Location of the Plot Area I Sq.
R A P D Aana Amount (NRs.)
N. Property No. Ft.
(NRs.)
Kamalbinayak,
1 177 0 4 3 1 1647.25 8,00,000 38,50,397.46
Bhaktapur
Grand Total
In Words: Thirty Eight Lakh Fifty Thousand Three Hundred and Ninty Seven Rupees Forty Six
Paisa only.

Note:
1 Ropani (R) = 5476.00 Sq. ft. 1 Bigha (B) = 72900.00 Sq. ft.
1 Aana (A) = 342.25 Sq. ft. 1 Katha (K) = 3645.00 Sq. ft.
1 Paisa (P) = 85.56 Sq. ft. 1 Dhur (D) = 182.25 Sq. ft.
1 Dam (D) = 21.39 Sq. ft. 1 Kanwa (Ka) = 45. 56 Sq. ft.
 VALUATION OF BUILDING

A. Owner's Name: Mrs. xyz

1. Teaching Details of Building

1.1. Types of Structure Frame Structure
1.2. Plinth Area =561.09 Sq. ft.
1.3. First Floor Area =565.09 Sq. ft.
1.4. Total floor area =1126.18 Sq.ft
1.5. No of Completed floor till now = 2 Storey

2. Building Value Calculation

S.N. Location Plot No. Floor Area (Sq.ft.) Amount (NRs.) Remarks
1 Bhaktapur 1772 1126.18 28,43,075.20
Total 28,43,075.20

Depreciated Value of Building

Age of Building 1 Yrs. Present Market Rate 28,43,075.20
Life of Building 60 Yrs. Annual Depreciation 42,646.13
Value of Building after Depreciation NRs. 28,00,429.07

In words: Twenty Eight Lakh Four Hundred and Twenty Nine Rupees Seven Paisa only.
1. Method of Valuation
1.1. Land Value
Weighted Average Value
This is the total value obtained after considering 100% of Government Rate of Land.

* Government Rate of Land is taken from the Department of Land Reform and Management,
Bhaktapur.

1.2. Value of Building (Plinth Area Method)

For costing Elementary Costing Method, detail drawing of the building is required and also it
takes considerable time. Hence, considering the condition, this method seems quite
reasonable. Following points have to be considered while using this method in valuation:
* Unnecessary features like ornamental work should not be involved as per as possible.
* Any absolute method of construction or over specification or unnecessary heavy
sections is left out for valuation purpose and only compatible normal type of
construction are submitted and valued for.
* Some allowance should be made for the possible difficulty in finding a purchaser for
such a property.
* The amount required to find the property in usable condition should be considered.
* The cost providing similar accommodation should be considered rather than the cost
of replacement of the same.

2. Method of Depreciation

Straight Line Method:

According to this method of valuation, the actual cost of building in present day rate is
calculated. The depreciated value of the building is ascertained by the formula D=(C-S)/n,
where D is depreciated value, C is the cost at the present market rate and S is Scrap value (10%)
and n is the number of years the building had been constructed.