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VALUATION

REPORT OF IMMOVABLE
PROPERTY
VALUATION REPORT OF IMMOVABLE PROPERTY :

As per instructions of property owner I inspected the


property hereinafter described for purpose of ascertaining its
fair market value as on today . My valuation report thereon is
as follows:

1. Name of property : “LATA NIVAS”


2. Location : Shivaji Peth , Kolhapur
3. Name of owner : Shri. DILIP PAWAR
4. Nature of tenure : Bungalow
5. Year of construction : 2008
6.Specification of various item of the structure:
a. Type of structure : Framed
b. Foundation : U.C.R. masonry in C.M
c. Wall of super structure : Brick walls in C.M
d. Doors :T.W. frames with paneled
e. Windows : Aluminium sliding windows
f. Cupboards : Plywood
g. Stairs : R.C.C
h. Floors : Ceramic tiles
i. Roof : R.C.C slab
j. Terrace : R.C.C. slab
k. Internal finish : Wall plaster
finish with distemper
l. External finish : Sand faced cement plaster
with cement colour
m. Electrical fittings : C.T.S wiring with concealed system
n. Plumbing : P.V.C. pipe and municipal water
o. Sanitation : W.C , W.B provided
p. Present use condition : One part of bungalow self occupied
and classification of the & other by students on rental basis.
building
7. DISCRIPTION OF THE LAND
a. Total area of land : 150 sq. m.
b. Shape of land : Rectangular
c. Nature of soil : murrum
d. Road width abutting the land : North - 9 m. wide road
e. Whether street lighting is : Yes
provided
f. Whether Roads are constructed : No
g. Whether Filter water main is : Yes
provided
h. Whether drainage is provided : Yes
i. Whether telephone line is : No
provided
j. Whether amenities are nearby : Yes in close vicinity
8. VALUATION
OF PROPERTY BY BUILDING AND
LAND METHOD :
A. Valuation of land
a. Total area of land :1500 sq. feet
b. Rate of land on the date :RS. 3000/ sq. feet
of valuation
valuation of land only :RS. 45,00,000………………(A)
B. Valuation of main bungalow
Ground floor Only
a. Total built up area :100 sq. m.
b. Rate of cost of reproduction :RS. 1,50,000
as on date of valuation
c. Total underappreciated cost of :90 to 95 lacks
reproduction
d. Life of structure as on date :10 years
of valuation
e. Future life of structure :50 years
f. Percentage rate of description :75%
g. Total amount of depreciation :RS. 40,00,000
h. Total depreciated cost of reproduction :RS. 30,00,000
valuation of this part of structure only :RS. 30,00,000………….(B)
C. Valuation of other works and construction
a. Valuation of compound : RS. 60,000
fencing and gate
b. Valuation of garage, store and :RS. 12,000
wash place.
c. Valuation of paving , bore :RS. 8,000
with pump and garden
RS. 80,000………….(C)
Hence valuation of property by building :
and land method adding (A) to (C) A.45,00,000
B.30,00,000
C.80,000
TOTAL: RS. 80,00,000
9. GENERAL REMARK AND CONCLUSION :
The property is self occupied for residence. The 1st floor of
building is used by students on rental basis. The valuation
worked out by building and land method above is
reasonable, just and fair.
SAMARTHA TALKIES, SATARA

• LAND :
1 . Land area details : 513.8 sqm
2. Roads : 24 m wide road south
3. Shape : rectangular
4. Nature of soil : black cotton & Hard
murrum at
9-11 feet
5. Situation : Radhika road , Satara
6.Amenities Available : Drainage , Electricity.
7. Nature of tenure :Free Hold
8.Restrictive covenants : no
9. Easememts :no