TO WHOMSOEVER IT MAY CONCERN

VALUATION CERTIFICATE

This is to certify, that the valuation of the following property is carried out by me
and the details of which are as under.

PROPERTY : Residential Property Belong to

Baldevbhai Prabhudas Prajapati
Arunaben Baldevbhai Prajapati At Sola
District: Ahmedabad, Gujarat,India.

OWNERS : Baldevbhai Prabhudas Prajapati

Arunaben Baldevbhai Prajapati

VALUATION : Rs.7,76,31,700

PURPOSE OF : To Assess the fair market value

VALUATION

VALUATION : Attached Herewith

REPORT

DATE : 9/12/2024 SIGNATURE

PLACE : AHMEDABAD

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 VALUATION REPORT
Part-I GENERAL
1. Purpose for which valuation is made To Assess the fair market value
2. Date as on which valuation is made 9/12/2024
3. Name of the Owners Baldevbhai Prabhudas Prajapati
Arunaben Baldevbhai Prajapati
4. Ownership Type Joint Ownership
5. Brief description of the property Residential( Bungalow)
6. Location, Street, Ward No Plot No. 3, Shivarya Bungalow, beside Shikshapatri
Bungalows, Nr Murlidhar Party Plot, Divine Rd,
Science City, Sola, Ahmedabad, Gujarat
7. Survey/Plot No. of land Survey No: 597 Paiki, T.P.No:42,F.P.No: 201
8. Is the property situated in a residential/ Residential
commercial/mixed area/industrial area?
9. Classification of locality high class/middle High Class
class/poor class
10.Proximity to civic amenities, like schools, All amenities are available within 5-10 Km Radius
hospitals, offices, markets, cinemas, etc
11.Means and proximity to surface communication Transport facilities are easily available.
by which the locality is served
LAND
12. Area of land supported by documentary proof, Not Applicable
shape, dimensions and physical features
13. Roads, streets or lanes on which the land is Only 1 kms distance from Science City Road
abutting
14. Is it freehold or leasehold land? Freehold
15. If leasehold, the name of lessor/lessee, nature
of lease, dates of commencement and
termination of lease and terms of renewal of
lease : Not Applicable
(i) Initial premium
(ii) Ground rent payable per annum
(iii) Unearned increase payable to the lessor in the
event of sale or transfer
16. Is there any restrictive covenant in regard to No
use of land? If so, attach a copy of the
covenant
17. Are there any agreements of easements? If so, No
attach copies
18. Does the land fall in an area included in any Yes,T.P.No:42
Town Planning Scheme or any Development
Plan of Government or any statutory body? If
so, give particulars
19. Has any contribution been made towards No
development or is any demand for such
contribution still outstanding?

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20. Has the whole or part of the land been notified No
for acquisition by the Government or any
statutory body? Give date of the notification
21. Attach a dimensioned site plan Provided by Owner

IMPROVEMENTS
22. Attach plans and elevations of all structures Not Provided
standing on the land and a lay-out plan
23. Furnish technical details of the building on a See in Annexure-1
separate sheet [The Annexure to this Form
may be used]
24. (i) Is the building owner occupied/ tenanted/ Owner
both ?
(ii) If partly owner-occupied, specify portion
and extent of area under owner-occupation
25. What is the Floor Space Index permissible and Not Applicable
percentage actually utilized?
RENTS
26. (i) Names of tenants/lessees/licensees, etc. (ii) Not Applicable
Portions in their occupation (iii) Monthly or
annual rent/compensation/license fee, etc.,
paid by each (iv) Gross amount received for
the whole property
27. Are any of the occupants related to, or close No
business associates of, the owner ?
28. Is a separate amount being recovered for the No
use of fixtures like fans, geysers, refrigerators,
cooking ranges, built in wardrobes, etc., or for
service charges ? If so, give details
29. Give details of water and electricity charges, if Owner
any, to be borne by the owner
30. Has the tenant to bear the whole or part of Not Applicable, Owner Occupied
the cost of repairs and maintenance ? Give
particulars
31. If a lift is installed, who is to bear the cost of No, Owner
maintenance and operation_owner or tenant?
32. If a pump is installed, who has to bear the cost Yes, Owner
of maintenance and operation_owner or
tenant?
33. Who has to bear the cost of electricity charges Not Applicable
for lighting of common space like entrance
hall, stairs, passages, compound, etc__owner
or tenant

34. What is the amount of property tax? Who is Owner

to bear it? Give details with documentary
proof
35. Is the building insured ? If so, give the policy Not Known
No. amount for which it is insured and the
annual premium
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 36. Is any dispute between landlord and tenant No
regarding rent pending in a court of law ?
37. Has any standard rent been fixed for the No
premises under any law relating to the control
of rent?
SALES
38. Give instances of sales of immovable property With the help of local inquiry, I got the Land area
in the locality on a separate sheet, indicating rate between to Per Sq.Mt. Rs.236000 to
the name and address of the property, Rs.241000
reg.No., sale price and area of land sold
39. Land area rate adopted in this valuation Rs.240000 Per Sq.Mt
40. If sale instances are not available or not relied Market Approach
upon, the basis of arriving at the land rate
COST OF CONSTRUCTION
41. Year of commencement of construction and 2016
year of completion
42. What was the method of construction -- by By Contract
contract/by employing labour directly/both ?
43. For items of work done on contract, produce Not Provided
copies of agreements
44. For items of work done by engaging labour Not Provided
directly, give basic rates of materials and
labour supported by documentary proof.
ANNEXURE TO FORM-01
1. No. of floors & height of floors G.F.+F.F.S.F., Height of floors :3.00 Mtrs.
2. Boundaries North: Sub Plot No:2
South: Sub Plot No:4
East : Final Plot No: 275
West : 12 meter T.P.Road
3. Construction area Built Up Area: Sq. Mt.
4. Year if Construction 2016
5. Estimated future life 52 Years
6. Type of Foundation BBCC & RCC SubStructure
7. Type of Construction Load Bearing Structure
8. Walls and Partitions Brick Masonry Wall
9. Doors & Windows Wooden Frame Windows with Glass, Wooden Flush
Doors
10. Flooring Vitrified Flooring
11.Finishing Wall finish with color
12.Roofing & Terracing R.C.C. Slab
13.Special Architectural or Decorative features See Elevation
14. Electrification Yes Provided
15.Sanitary Installation Yes Provided
16.Compound Wall Yes Provided
17.Over head tank Yes Provided
18.Road & Paving with in compound Yes Provided
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19.Sewage Disposal Yes Provided
20.Documents Referred 1. Sale Deed 2.Tax Bill
3. Approved Layout & Building Plan
Part-II VALUATION
Land Area 240.00 Sq.Mt. * Rs.240000 = Rs.5,76,00,000
As Per Plan Built Up Area rate with depreciation 286.62 Sq.Mt. * Rs. 35000 = Rs.1,00,31,700
Fix Furniture,Solar Panel, Shed, Compound Wall Rs. 1,00,00,000
Total Value Rs.7,76,31,700

[DECLARATION]
I HERE BY DECLARE THAT:
1. The information furnished above is true to the best of my knowledge & belief.
2. I have valued fair & realistic local market rates of the property.
3. I have not seen title clear certificate. It is not proof of the ownership of the property.
4. I have referred Photo copy of Property Tax, Sale Deed, Approved Layout & Building Plan
5. I have done valuation at the base of a photocopy of a document given by Client.

DATE: 09-12-2024 SIGNATURE

PLACE: AHMEDABAD

GOOGLE IMAGE OF SHIVARYA BUNGALOWS, SOLA,AHMEDABAD

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PHOTOGRAPHS

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