Tutorial No 8

Valuation of residential building

Report of valuation immovable property
(other than agricultural lands, plantation, forest, mines & quarries)
Valuation report of property
PART 1 QUESTIONNAIRE
All question to be answered by registered valuer. If any particular question doesn’t apply to the property
under valuation he may indicate so. If the space provided is not sufficient
Details may be attached on separate sheet

1. Purpose for which valuation is made FOR SALE

2. Date on which valuation is made 26/09/19
3. Name of the owner/owners NASIM BANO SHAIKH
If the property is under joint ownership / co – ownership, This property is not under
4.
share of each such owner joint ownership
Kajuwadi, Road No 2,
5. Brief description of the property Govandi Naka, Having are
of 390 SQF
Kajuwadi, Road No 2,
6. Location
Govandi Naka.
Bearing Muncipal waed,
7. Survey / plot no of land
No F – 3 with CTS no 169
Is the property situated in residential/ commercial/mixed
8. Residential area
are/industrial area?
Classification of locality (higher class/middle class/ lower
9. Middle class
class)
10. Proximity to civil amenities like School, hospitals, offices, Proximity to hospital
market, cinema etc market
11. Means and proximity to surface communication by which Bus depot at walking
locality is served distance 5 minutes
12. Area of land supported by documentary proof, shape
dimensions and physical features
13 Roads streets or lanes on which the land is abutting
14 Is it freehold or leasehold a land? Freehold
15 If lease hold, name of Lancer, nature of lance, date NO
of commencement and termination of lease and terms of
renewal of lease.
1. Initial premium
2. Ground rent payable per annum
3. Amount to be paid at event of cell or transfer
16 Is there any restrictive convenient in regard to use of land? N.A.
If so attached copy of convenient
17 Are there any agreement of so? N. A
18 Does the land fall in area included in any town planning NO
scheme or any statutory body? If so give particular
19 How any contribution has been made towards the NO
development or in any demand for contribution still
outstanding
20 Has the whole or part of land in notified for acquisition by NA
government or any statutory body? Give date of notification
21 Attach a dimensioned site plan
22 Improvements
Attach plans and elevation of all structures standing on the
land a Layout plan.
23 Furnish technical details of building on separate sheet. the
Annexure to this form maybe
24 1. Is the building owner occupied/ tenanted/ both? Owner occupied
2. If partly owner occupied, specify portion and
extend of area under owner occupation
25 What is floor space index permissible and percentage 1.25 %
actually utilized
26 Rents NA
1. Name of tenants/ licensor etc
2. Portion in their occupation
3. Fee etc paid each
27 Are any of the occupant rated to, or close business N.A
associated to owner?
28 Is separate amount being recovered for the use of fixture, NA
fans, geysers, build in wardrobes etc. if so give details.
29 Give details of water and electricity charges if any imposed Water charges rupees 2500
by owner month and electricity on
consumption
30 Has the tent to bear the whole or part of the cost of repairs NO
and operations, give particulars
31 If left is installed who has to bear the cost of repair and NO
operation, Owner aur tenants?
32 If pump is installed who has to wear the cost of repair and NO
operation owner or tenant?
33 Who has to bear the cost of electricity charges for lighting of Owner
common space of conference hall, stairs, passage, compound
etc. Owner or tenant?
34 What is the amount of property tax? who is to bear? you Property tax of 1500 for 1
details with documentary proof. year
35 Is building in insured? If we give the policy no amount for NO
which it includes the annual premium
36 Is any dispute between landlord and tenants regarding rent NO
pending in court of law?
37 Has any standard rent fixed for the premises under any NO
rotating to control of rents?
38 Sale NO
Geve instance of immovable property in the locality on a
separate sheet indicating the name and address of the
property, registration no. sale and area of land sold
39 Land rate adopted in valuation NO
40 If sale insurance is not available or not a rolled upon, the NO
basin of arriving at the land rate
41 Cost of construction 2011-2019
Year of commencement of construction and year of
completion
42 What was the method of construction, contract/ by Constructed by contractor
 employing layout directly/ both
43 For items of work done on contract provide copies of
agreement.
44 For item of work time by engaging directly give basic rates
of material and labour supports by documentary proof

PART 2 VALUATION

Here the registered valuer should discuss in detail his approach to valuation of property and indicate how
the value has been arrived at, supported by necessary calculations.
 PART 3 DECLARATION
I hereby declare that
A. The information furnished in part 1 is true and correct to the best of my knowledge and belief.
B. I have no direct or indirect interest in the property valued.
C. I have personally inspected the property on 10th October 2019.
D. The above said valuation is best on the information and documentation groups supplied by me by
owner of respective Mr. Nasim Bano Sheikh.
E. Concern department authority of the document groups provided to me by Mr. Nasim Bano
Sheikh.

Annexure to form 1
Technical details

1. Number of floors and height of each floor 2 floors height 2.5 m

2. Plinth area floor wise as per is 9861 1966 165 sq m
3. Year of construction 2011
4. Estimated feature life 20
5. Type of construction: load bearing walls/ RCC frame/ RCC framed structure
steel frame
6. Type of foundation Isolated beam footing
7 Walls Superstructure above ground floor
1. Basement and plinth
2. Ground floor
3. Superstructure above ground floor `
8 Partition
9 Doors and windows Fully paneled glazed windows of 2.5 x
1. Ground floor 1.5 m
2. First floor
3. Second floor
1 Flooring (floor wise) Marble tile flooring
0 1. Ground floor
2. First floor
3. Second floor
1 Finishing (floor wise) Burnt brick masonry in cm (1:6) and
1 1. Ground floor plaster of cm (1:4) on both sides
2. First floor
3. Second floor
1 Roofing and terracing
2
1 Special architecture or decorative features if any No
3
1 Pump numbers and their horse powers
4
1 Internal wiring ordinary
5 1. Surface or conduct
2. Class of fitting (superior/ ordinary/ poor)

1 Sanitary installation
6 a. 1. Number of water closets 3
2. Number of lavatory basin -
3. Number of urinals -
4. Number of bath tubs -
5. Number of geysers 1
 6. Number of sinks 1
b. Class of fitting ( superior/ ordinary/ poor) Ordinary
1 Compound wall container
7 1. Height and length -
2. Type of construction -
1 Number of lift and capacity
8
1 Overhead a tank Locked plastic water tank of 500 l at
9 1. Location mezzanine floor
2. Capacity
3. Type of construction
2 Underground sump capacity and type of construction -
0
2 Roads and paving within the compounds approximate -
1 area and type of paving
2 Disposal whether connected to public sewers if septic Connected to public sewer
2 tank provided numbers and capacity

DATE :-
PLACE :- Mumbai SIGNATURE OF REGISTERED VALUER