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1 878.FF.VMKrishna.YKuduru.

0424

VALUATION REPORT
( For construction of flat/houses/commercial properties )
Ref.No. CFHL/December 230878 VIJAYAWADA
Date 27-04-2024
From: To
Er.S.N.Prasanth,B.Tech,AIV,MIE.,
Regd. Valuer & Consulting Engineer, The Branch Manager,
# I-45,Lotus Legend Apartments, Can Fin Homes Ltd.,
Kummaipalem Center, Mangalagiri Branch,
Bhavanipuram,Vijayawada, 520 012. Mangalagiri, Guntur Dist.,
Regd. Valuer & Consulting Engineer,
# I-45,Lotus Legend Apartments,
Kummaipalem Center,
VALUATION REPORT
PART A – BASIC DATA
Sub: Technical valuation report of property belonging to Sri.B.VV N Murali Krishna
As per your instructions, I have inspected the above property on 26-04-2024 and furnish
the relevant details / report as below:
I GENERAL
1 1. Purpose of valuation : To avail Housing Loan in Canfin Homes Ltd., for Purchase
a) Name of the reported owner with 1) Sri.D.Venkateswarao S/o D.Sambaiah 2) Smt.D.Durgamma W/o
:
Present Address and Phone Number D.Venkateswarao
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b) Name of The Prospective Buyer : Sri.B.VVN Murali Krishna S/o B. VV Surya Prakash Rao
with Address and Phone Number Mobile No.9490014913
: Copy of Sale Agmt. for Rs.17.15L, Dtd:02-04-2024.
3 List of documents produced for perusal
: Copy of Constn.Agmt. for Rs.14.85 L, Dtd:02-04-2024.

Brief description of the property taken for It is a Semi finished RCC roof 1st floor residential building situated
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valuation at Yanamalakuduru, in a developing area.Freehold.

5 Scope of valuation Developing locality


6 Name of the branch entrusted the
Canfin Homes Ltd., Mangalagiri Branch.
Valuation work
II DESCRIPTION OF THE PROPERTY
Near Door No.24-96, R.S.No.37-A, 1st floor ,3rd Line, near H.P.Gas
1 Postal address of the property with Pin code : Godown, Yanamalakuduru, Y.S.R.Tadigadapa Municipality area,
Penamaluru mandal, Krishna Dt., A.P.,
2 Location of the property
Door No Near Door No. 24-96,1st floor
Plot No. / Nagar 3rd Line,
S.F. No. / T.S. No. / R.S. No. R.S.No.37-A, near H.P.Gas Godown,
Village / Block Yanamalakuduru,
Taluk / Ward Y.S.R.Tadigadapa Municipality area,
District/Municipality/Corporation Penamaluru mandal, Krishna Dt., A.P.,
Important Landmarks if any H.P.Gas Godown
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3 The boundaries of the property as under


As per Doc ./actuals FF Boundries
EAST :Property of Ch.Gopichand Open to sky
SOUTH : Property of Vendor Open to sky
WEST : 21'-0" Wide Road Open to sky
NORTH : Property of K.Prabhakarao Open to sky
Extent : 97.22Sq.yds U/DS 48.61 Sq.yds
4 Property tax receipt referred : ---
Assessment number : ---
Tax amount : ---
Receipt in the name of : ---
5 Electricity service connection consumer No. : ---
In the name of : ---
Other details, if any : ---
6 Property is presently occupied by : Under construction
If tenanted fully, what is the gross : GF:8,000/-per month, if rented.
monthly rent: Rs :
If occupied by both, What is the probable : ---
monthly rent from the let out portion : ----
7 What is the advance amount?: Rs : ---
III PROCEDURE OF VALUATION
VALUATION DETAILSdiscussed in part B,C, D, E & F
F.S.I. Plot Coverage
PART B – LAND
Dimension of the site As per Doc./actuals
East : 25'-0"
South : 35'-0"
West : 25'-0"
North : 35'-0"
Extent of site [least
of 1(a) & 1(b)] As per Doc. : 97.22 Sq.yds or 81.29 Sqm.
As per U/DS : 48.61 Sq.yds or 40.64 Sqm.
Cosidered for Valuation : 48.61 Sq.yds or 40.64 Sqm.
Characteristics of the site
What is the character of the locality?
What is the classification of the locality? Residential locality
Road facilities are available? Yes
What is the width of the Road? More than 20'-0" wide road
Any factors which affect the N/A
marketability of the land?
Type of the land?
Accessibility
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Value on adopting GLR (Guideline Rate)


i Guideline rate as obtained from the Rs. 15000 per Sq.yd
Registrar’s office 48.61 x 15000
ii a) Value of land by adopting GLR Rs. 729150 = Rs. 729000 Rounded
b) Value by adopting PMR Rs.20,000 to 25,000 per Sq Yd
(Prevailing Market Rate)
Prevailing market rate considered Rs. 24,000 per Sq Yd
Unit rate adopted in this valuation after
considering the characteristics of the
subject plot 48.61 x 24000 = Rs. 1166640
Value of land by adopting or say Rs. 1167000 Rounded
PMR 48.61 x 24000
PARTC– BUILDING
1 Type of construction RCC framed structure
2 Quality of construction Good
3 Structural safety Good
4 Whether the structure of the building YES
is as per NDMA guidelines
5 Appearance of Building Common
6 Basic amenities provided Yes
7 Maintenance of Building Good
Year of Construction (as reported/ as per actual observation/ as per deed)
8 Area As per actuals
Floor Age of the Roof Built up area Carpet area
building Cantilevered Total
Main Portion
A+50% of B
A Smt Portion B
FF RCC 65.40 -- 55.59 Smt
Total RCC 65.40 -- 55.59 Smt
Super built up area
9 Drawing approval As per G.O.No.128, Dtd:22-05-2015, RCC Buildings upto 2Storied in
cities upto 100Sq.mts.in area , are exempted for approval of plan in
a. Plan Approval details
A.P.
b. Whether the construction is as per the Yes / No
approved building plan
c.Whether the building is residential/ Residential
commercial
10 Value of building is estimated by adopting suitable unit built up area rate depending upon the specifications.
Depreciation is calculated by straight-line method assuming a salvage value of _______ %.
11 VALUATION OF BUILDING
DESCRIPTION FF floor Other floors
Specification
Floor finish To be done
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Superstructure Good
Roof RCC
Doors T/W & C/W
Windows T/W & C/W
Weathering course ---
Carpet area 55.59 Smt or 598.40 Sft
Built up area 65.40 Smt or 704.00 Sft
Super built area 65.40 Smt or 704.00 Sft
Year of construction
(as reported/ as observed/ as per the deed) 2023

Age of the building 0 Year


If the age is not exactly known, further life expected
Total life of the building estimated ( Future 75 Years
life expectancy)
Depreciation percentage
(Assuming salvage value =10%) ---

Replacement rate of construction with the


existing conditions and specifications
Replacement Value/Sft 2100 704.00 1478400 Or Say Rs 1478000
Total value of the building (FF)--Rs. Rs. 1478000
Present value of building As on date works completed @ 60% of above = Rs. 886800
As on date Or Say Rs. 887000

PART D – AMENITIES & EXTRA ITEMS (Value after Depreciation)


Rs.
1 Ornamental Front / Pooja door 0
2 Open staircase 0
3 Wardrobes, showcases, CC planks 0
4 Interior decorations 0
5 Architectural Elevation works 0
6 Separate Lumber Room 0
7 Separate Toiler Room 0
8 Any other 0
Total 0

PART E- VALUATION OF BUILDING UNDER CONSTRUCTION


STAGE VALUE
a Actual works Completed : 60% Completed
b Percentage of works Completed : 60% Completed
VALUATION DETAILS
Stage Value of the building
1 Undivided share of land---Sq.yds : --
2 stage value of building---% X Rs. : 60% Completed Rs. 887000
3 TOTAL VALUE OF THE FLAT (FMV) : 1478000 After completion
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PART F – SERVICES (Value after Depreciation)


Rs.
1 Water supply arrangements
Open Well 0
Deep bore 0
Hand pump 0
Motor 0
Corporation Tap 0
Underground level sump 0
Overhead water tank 0
Total 0
2 Drainage arrangements
Septic Tank 0
Underground sewerage 0
3 Compound Wall Rm. @ 0
4 Pavements …… Rm. @ Rs…./m2 0
5 Steel gate …… Rm. @ Rs…./m2 0
6 E.B Deposits,water deposits,drainage deposits etc. 0
7 Electrical fittings & others 0
8 Any other 0
Total 0
PART G – ABSTRACT VALUE As on date
Part GLR Rs. PMR Rs. After completion
B Land 48.61 729000 = Rs. 1167000 1167000
C Buildnig 704.00 = Rs.
D Amenities = Rs.
774000 887000 1478000
F Services 1.Water Supply = Rs.
2.Drainage = Rs.
Total value of the building= Rs. 1503000 = Rs. 2054000 2645000
Factors favouring for less value
1
2
less
Present Market Value As on date After Completion
1) Fair Market Value of the property Rs. 2054000 2645000
2) Realizable Value (90% of FMV) Rs. 1849000 2381000
3) Forced Sale Value (70% of FMV) Rs. 1438000 1852000
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PART - H - CERTIFICATION
It is hereby certified that in my opinion
i) The present market value of the property discussed in the report (above) by adopting
prevailing market rate for flat is Rs. 2645000 (Rupees Twenty Six Lakh Forty Five
1 Thousand only). after completion.
ii) The present realizable value of property as valued by me is Rs. 2381000
iii) The forced sale value of the property is estimated as 30 % less than the present
market value at Rs. 1852000 (Rupees Eighteen Lakh Fifty Two Thousand Only)
Number of title deed(s) involved in this property The relevant document for the subject
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property in the opinion of this valuer Copy of Sale Agmt. for Rs.17.15L, Dtd:02-04-2024.
Copy of Constn.Agmt. for Rs.14.85 L, Dtd:02-04-2024.
If this property is offered as security, the concerned financial institution is requested to verify the
3 extent of undivided share of land mentioned this valuation report with respect to the latest legal
opinion.
4 Value varies with the purpose and date of valuation. This report is not to be referred if the
purpose is different other than mentioned in I(1).
5 The property was inspected on 26-04-2024 by S.N Prasanth in the presence of Owner
6 The legal aspects were not considered in this valuation. Sri.B.VV N Murali Krishna

7 This valuation work was/ has been undertaken by the valuer based upon the request from the Bank.

I also certify that I do not have any direct or indirect interest in the property or borrower
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and the valuation given by me is fair and without any prejudice.
As a result of my appraisal and analysis it is my considered opinion that the
present market value of the above property in the prevailing condition with
aforesaid specifications is Rs.20,54,000/-(Rupees Twenty Lakh Fifty Four Thousand
only)as on date and Rs.26,45,000/-(Rupees Twenty Six Lakh Forty Five Thousand
Only)after completion of construction to the best of knowledge and belief.

Place : Vijayawada Panel Valuer


Date : 27-04-2024 ( S.N Prasanth )
SRO Value
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ROUTE MAP OF THE PROPERTY 16.472917, 80.666844

GOOGLE MAP OF THE PROPERTY 16.472917, 80.666844


8 878.FF.VMKrishna.YKuduru.0424

PHOTOGRAPHS OF THE PROPERTY


9 878.FF.VMKrishna.YKuduru.0424

Survey Map

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