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Property Valuation Report: (Land & Building)

1. The report provides a valuation of land and building owned by Mrs. Mamta Kumari Sudi located in Ward No. 4, Kathmandu Metropolitan, Koteshwor, Kathmandu. 2. The land covers an area of 3.16 annas (1088.92 square feet) and has a fair market value of NRs. 5,814,400. The 3-year old building on the land has a total value of NRs. 2,016,300. 3. The total fair market value of the land and building is estimated to be NRs. 7,830,000, while the total distress market value is estimated to be NRs. 6,668,

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Bishwas Shrestha
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100% found this document useful (1 vote)
1K views7 pages

Property Valuation Report: (Land & Building)

1. The report provides a valuation of land and building owned by Mrs. Mamta Kumari Sudi located in Ward No. 4, Kathmandu Metropolitan, Koteshwor, Kathmandu. 2. The land covers an area of 3.16 annas (1088.92 square feet) and has a fair market value of NRs. 5,814,400. The 3-year old building on the land has a total value of NRs. 2,016,300. 3. The total fair market value of the land and building is estimated to be NRs. 7,830,000, while the total distress market value is estimated to be NRs. 6,668,

Uploaded by

Bishwas Shrestha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Valuation Report on Land Building Page1 of 7

PROPERTY VALUATION REPORT


(LAND & BUILDING)

OWNER:
Mrs. Mamta Kumari Sudi
#REF!
Siraha

LOCATION OF PROPERTY :
Ward No. 4, Kathmandu Metropolitan, Koteshwor
Kathmandu

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page2 of 7

Valuation of
(Land & Building)
SUMMARY OF THE VALUATION REPORT
1 Detail of Property Owner
Name : Mrs. Mamta Kumari Sudi
Address :
District : Siraha
2 Plot No
Kitta No. : 126
Sheet No : 102111012
3 Location of The Property : Ward No. 4, Kathmandu Metropolitan, Koteshwor
District : Kathmandu
4 Total Area of the land
According to (R-A-P-D) (Sq. Ft) (Anna) Remark
As per Lalpurja : 0-3-1-0 1107.00 3.23
Deduction for ROW (4m) : 0-0-0-0.85 18.08 0.05
Actual Measurement : 0-3-0-3 1088.92 3.16 Row Deduction
Consideration : 0-3-0-3 1088.92 3.16
5
5 Rate of the Land (Per Anna)
Market Rate : NRs. 2,000,000.00
Land Revenue Office : NRs. 400,000.00
Fair Market Rate : NRs. 1,840,000.00 90:10 Ratio Taken
6 Total Value of Land
Commercial Value : NRs. 6,320,000.00
Fair Market Value : NRs. 5,814,400.00
Distress Market Value : NRs. 4,651,520.00 80% FMV
7 Total Value of Building
Area(sq.ft) Rate Amount Remark
G.F 780.00 2500 : NRs. 1,950,000.00
Total NRs. 1,950,000.00
Electricity and Sanitary Addition NRs. 195,000.00 5% each of total
Total Value of Building NRs. 2,145,000.00
Total Present Value of Building after depreciatio NRs. 2,016,300.00
Note: Depreciation at 2% p.a considered, for a building of 3years with construction period 2years.

8 Total Value of Property Land & Building


Fair /Distress Market Value NRs 7,830,000.00
In word: Seventy Eight Lakh & Thirty Thousand Rupees Only/-
Fair /Distress Market Value NRs 6,668,000.00
In word: Sixty Six Lakh & Sixty Eight Thousand Only/-
9 Road size : 6' pitched road on the East Side
: 6' pitched road on the East Side
Road size considered
10 Age of building : 3 years As per Certificate No.
69/700283-74/75

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page3 of 7

PART 1- VALUATION OF LAND

1 DETAILS OF THE PROPERTY OWNER:


Name : Mrs. Mamta Kumari Sudi
District : Siraha
Father's Name : Mr.Ram Autar Sudi
Grandfather's Name : -
Citizenship no : 486/8
Contact No. : 9841645828

2 LOCATION OF THE PROPERTY TO BE MORTGAGED


Kitta No (Plot No) : 126
Sheet No : 102111012
Moth/Sheet No. : 2066/7036 Ka
Local Authority : Ward No. 4, Kathmandu Metropolitan, Koteshwor

District : Kathmandu

3 AREA OF LAND AS PER LALPURJA

As per the copy of land Ownership certificate issued by ministry of land Department of land revenue, NG,
area of the parcel (kitta) No is .:400, 401
Area of Land in Area of Area of the
Area of Land
S.N. Kitta No the Land Land in
in sqM (Ropani –Anna- Paisa-Dam)
in Sq.ft Anna
1 126 129.10 0-3-1-0 1107.00 3.23
Total Area 129.10 0-3-1-0 1107.00 3.23

8 PERMANENT OF THE BOUNDARIES:


A) As per the four Boundaries letter issued by :
Ward No. 4, Kathmandu Metropolitan, Koteshwor

East : Road
West : Kitta No. 64,125,56
North : Kitta No. 46,13,43
South : Kitta No. 68,127

B) As per the Site Visit Four Boundaries are given Below.


East : Building
West : Building
North : Building
South : Road

11 VALUE OF LAND:

A) GOVERNMENT RATE OF LAND : (IN NRs.)


Rate per sq. ft Rate per Anna Rate per Ropani
1168.74 400,000.00 6,400,000.00

B) MARKET RATE OF LAND: (IN NRs.)


Rate per sq. ft Rate per Anna Rate per Ropani
5843.68 2,000,000.00 32,000,000.00

C) RATE ADOPTED LAND : (IN NRs.)


Rate per sq. ft Rate per Anna Rate per Ropani
5376.19 1,840,000.00 29,440,000.00

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page4 of 7

Note: Average rate adopted for land = 10% of government rate + 90% of market rate

Distress Value of Land


Due to its location, size, access and the prevailing facilities the distress coefficient is taken as 80% of the fair
market value to calculate the distress Value of property .

12 CALCULATION OF LAND VALUE

A Commercial Value of the Land

Land Type Area in Commercial Rate/ Anna (NRs) Commercial Value (NRs)
(R-A-P-D) Anna
0-3-0-3 3.16 2,000,000.00 6,320,000.00
Total Commercial Value of Land 6,320,000.00

B Fair Market Value of the Land

Land Type Area in Fair Market Rate /Anna (NRs) Fair Market Value (NRs)
(R-A-P-D) Anna
0-3-0-3 3.16 1,840,000.00 5,814,400.00
Total Fair Market Value of Land 5,814,400.00

C Distress Value of the Land

Land Type Area in Distress Market Rate /Anna (NRs)


Distress Market Value (NRs)
(R-A-P-D) Anna 80% Distress Rate
0-3-0-3 3.16 1,472,000.00 4,651,520.00
Total Distress Value of Land 4,651,520.00

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page5 of 7

PART-II VALUATION OF BUILDING

1 FACILITIES AVAILABLE WITHIN THE PERMISES


The Building is constructed on this land. The following facilities are available within the premises.
Water supply : Connected to the Local Tank.
Electricity : Connected to the network supply by Nepal Electricity Authority.
Sewerage : Connected to sewers line.
Telephone : Connected to the network supplied by Nepal Telecom.
Compound Wall : Constructed.

2 PLINTH AREA OF THE BUILDING


Detail dimension and plinth area of the proposed building is shown in the attached drawing and as per the
building completion certificate. Following are the main dimension, floor area and the plinth area of the
proposed building.
Floor Floor Area in Sqft
Total Built up Area 780.00

3 STRUCTURAL SYSTEM OF THE BUILDING


Structural System of the building is RCC frame structure Type. Wall is built by fair face brick in cement mortar.

4 INNER WALL, WALL FINISHING AND CEILING SURFACE


Exterior and inner walls are 9" and 4" thick. All interior wall and ceiling surface of the building has been
plastered by cement mortar.

5 FLOOR FINISHING
The floor finishing has been done using marble and tile finishing.

6 FLOORING AND ROOFING


The flooring and roofing works of the building has been completed.

7 DOOR, WINDOW, VENTILATION AND STAIRCASE


The Building has sufficient number of doors, window and ventilation. All wood work enamel painted.
The building has been provided with internal staircase.

8 SANITATION AND WATER SUPPLY SYSTEM


The sanitary system of the building uses septic tank and soak pit as shown in the attached building drawings and
also seen in the site. The building facilitated with bathroom overhead tank. All bathrooms have modern
facilities. Plumbing works inside the building is connected.

9 COLOURING AND PAINTING


The internal as well as outside walls of the building has been painted.

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page6 of 7

10 CALCULATION OF BUILDING VALUE

Value of
Item Area( sq.ft) Rate(NRs)
Building( NRs)

Ground Floor 780 2500 1,950,000.00


Total Area 780.00 2500 1,950,000.00
Electricity @ 5% 97,500.00
Sanitary & plumbing @ 5% 97,500.00
Total value 2,145,000.00

11 STRAIGHT LINE METHOD OF DEPRECIATION


"Straight Line Method" of the depreciation has been adapted to calculate the building depreciation.
Age of the Building: 3 years As per Certificate No. 69/700283-74/75
Total Value of Building Depreciation Present Value of Building
Col (A) Col (B) Col(C ) = (A-B)
2,145,000.00 128,700.00 2,016,300.00
Total present Value of the Building Rs. 2,016,300.00
Note:
1 Depreciation rate of the building is taken as 2% p.a
2 Age of the building: 3 years
3 Construction period of the building is taken as 2 years.

12 TOTAL PRESENT VALUE OF BUILDING

Total Value of the Building is Rs. 2,145,000.00


Total Commercial Value of the Building with depreciation Rs. 2,016,300.00
Depreciation of Building Rs. 128,700.00
Value of Building with depreciation value. Rs. 2,016,300.00

14 TOTAL FAIR MARKET & DISTRESS VALUE OF THE PROPERTY

A)Fair Market Value


Value of Land NRS. 5,814,400.00
Building Value NRS. 2,016,300.00
Total Fair Market Value of Property NRS. 7,830,700.00
Say NRS. 7,830,000.00

B)Distress Value
Value of Land (80% of FMV) NRS. 4,651,520.00
Building Value NRS. 2,016,300.00
Total Distress Value of Property NRS. 6,667,820.00
Say NRS. 6,668,000.00

Hence,

Fair Market Value of Property is NRs. 7,830,000.00


In word: Seventy Eight Lakh & Thirty Thousand Rupees Only/-

Distress Market Value of Property is NRs. 6,668,000.00


In word: Sixty Six Lakh & Sixty Eight Thousand Only/-

Prepared By: Checked By: Approved By:


Valuation Report on Land Building Page7 of 7

Prepared By: Checked By: Approved By:

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