Century Valuation Report: Commercial Bank LTD

Century Commercial Bank Ltd.
Valuation Report
SUMMARY OF VALUATION
Purpose of valuation : To mortgage at

Century commercial Bank,Ltd.
Gaushala Branch, Mahottari.
Client Name : Mr. Ram Autar Mahato
Address : Bharatpur - VDC,Ward no.: 05,

District - Mahottari
1.Plot No.: 211
Owner’s Name :‘ Mr. Ram Autar Mahato
Boundary of the property

As per client’s version and as per the letter from ward committee, boundary of the property has
been
as per the following:
On the east : Main Road
On the west : Sukan Mahato
On the north : Ram Ekwal Mahato
On the south : Ram Pukar Mahato
LIST OF PROPERTY EVALUATION
Land
Present plot No. : 211
Village/ Town : Bharatpur khor - VDC,Ward no.: 05 " Ka"
District - Mahottari
Ward No. : 05 "Ka"
Area of land (registered in lalpurja)
In Sq.ft. : 8201.25
In (Bigha-Kattha-Dhur-Kanawa) : 0-2-5-0 (Bigha-Kattha-Dhur-Kanawa)
Area as per Trace Map

In Sq.ft : 8191.39
In (Bigha-Kattha-Dhur-Kanawa) : 0-2-4-12(Bigha-Kattha-Dhur-Kanawa)
Area Considered for Valuation(as per lesser)
In Sq.ft : 7781.82
In (Bigha-Kattha-Dhur-Kanawa) : 0-2-2-11.16 (Bigha-Kattha-Dhur-Kanawa)
SHAH Global Engineering Consultancy (P.) Ltd. Page # 1

Century Commercial Bank Ltd. Valuation Report
(Note: The valuation is considered after 5 % land is deducted for road development)
Legal Aspects:
Following legal document have been checked and noted as under:
Land ownership document (lalpurja)
Types of ownership : Single
Ownership of land : Freehold
Comment (if any) : No

Land Revenue (Malpot):
Whether current revenue has been paid : Yes
Class of land : "Abal"
Land Registration Paper:

Whether normal sale/ gift : Rajinama
Date of registration : 13-05-2053(As per Rajinama Paper)
Whether 6 Months in case of a normal sale (as per : Elapsed

MULUKI ACT chap. 19 clause 5) has elapsed
Comments (if any) : None
Location:
The property is located as such:
Road, street or a lane on which the property is : The property is abutted from 30 ft. Wide road
abutting approach. (Refer to the Site Plan )
Width and type of road : 30 ft. Wide Gravel road on the East side.
Distance from Chowk, Temple or any prominent : 300 mtrs.South From Surtibikash Chowk
point etc (Way to Gaushala).
Distance from permanent structure from centerline : Not applicable

of the road
Location map : Yes
Comments : No
Commercial Importance:
Present importance of locality is as follows:
Proximity to Civil amenities e.g. Market, School, : All normal facilities are available near the
hospitals etc. locality.
Means of proximity to the surface transportation : All type of vehicle can reach to the
by which locality is served to. property
Uses of Land, Building e.g. vacant, Farm, : Residence

Garden, Barrenland, developed for residential
purpose, or as a factory, godown and residence
Feature for increase of value of property. : Residential
Features for decrease of value of property e.g. : Not applicable

hazardous factory noise pollution, noise
generating factory, sewage dumping etc.
LAND
Description of land:
Shape of the land e.g. Rectangular, triangular, : Flat Type
Trapezoidal, and irregular
Frontage : Frontage: 31’-1” (West)
Facing of land : Facing of land is East side.

(Please refer to the site plan)
Requirement of filling : Not required
General:
Whether free access to the property is available : Yes
Has whole or a part of a land been notified for : Not known

acquisition for any other purpose by the government
or any other statutory bodies
Whether the boundary of the property clearly : Yes
defined at the site

Current Market Value of the Land Rs. 17,07,944.14
Fair Market Value of the Land NRs. 12,31,427.727
2.Plot No.: 213
Owner’s Name :‘ Mr. Ram Autar Mahato

been
On the east : Self Land
On the west : Sahdev Mahato
On the north : Ram Pukar Mahato
On the south : Sukan Mahato
Land
Village/ Town :
Ward No. : 01
In Sq.ft. : 231.42
In (Bigha-Kattha-Dhur-Kanawa) : 0-0-1-4.32(Bigha-Kattha-Dhur-Kanawa)

In Sq.ft : 0-0-1-4.32
In (Bigha-Kattha-Dhur-Kanawa) : 231.42(Bigha-Kattha-Dhur-Kanawa)
In Sq.ft : 219.85
(Note: The valuation is considered after 5% land

is deducted for road development
Legal Aspects:

Class of land : 2”Kha”

Date of registration : 27-12-2069(As per Rajinama Paper

Location:
Width and type of road : 12 ft. Wide Gravel road on the North side.
Distance from Chowk, Temple or any prominent : 50 mtrs.South From Durga Temple Gaushala
point etc Bazar.

of the road

Location map : Yes
Comments : No
Uses of Land, Building e.g. vacant, Farm, : Residential/Commercial

Feature for increase of value of property. : Residential/Commercial

LAND
Frontage : Frontage: 18’ ft.(North)
Facing of land : Facing of land is North side .

General:

defined at the site

Current Market Value of the Land NRs.38,60,174.49
Fair Market Value of the Land NRs.23,30,580.35
3.Plot No.:123
Owner’s Name :‘ Mr.Ram Prit Sah Rauniyar

been
On the east : Jay Kishor Sah
On the west : Road
On the north : Ram Ekbal Sah
On the south : Jay Kishor Sah
Land
Village/ Town : Gaushala -Municipality,Ward no.: 02 ,
District -Mahottari
Ward No. : 02
In Sq.ft. : 365.97
In (Bigha-Kattha-Dhur-Kanawa) : 0-0-2-0(Bigha-Kattha-Dhur-Kanawa)

In Sq.ft : 0-0-2-4.32
In (Bigha-Kattha-Dhur-Kanawa) : 413.54(Bigha-Kattha-Dhur-Kanawa)

In Sq.ft : 311.07
(Note: The valuation is considered after 15%

land is deducted for road development
Legal Aspects:

Class of land : 2”Kha”

Date of registration : 05-11-2064(As per Rajinama Paper

Location:
Width and type of road : 35 ft. Wide Gravel road on the West side.
Distance from Chowk, Temple or any prominent : 300 mtrs.South From Tribhuwan Secondary
point etc school Gaushala.

of the road
Location map : Yes
Comments : No
Uses of Land, Building e.g. vacant, Farm, : Residential

Feature for increase of value of property. : Residential/Commercial

LAND
Frontage : Frontage: 8’-1” ft.(West)
Facing of land : Facing of land is West side .

General:


defined at the site
Current Market Value of the Land Rs.54,61,939.09
Fair Market Value of the Land Rs.32,97,645.73
METHOD OF VALUATION
Land value:
Following method has been adopted for estimating the value of land:
Comparative Method:
In this method, the sales from transaction of vicinity of land properties are studied and then a fair price
for the land is fixed bassoon on the collective data.
The physical nature such as length, width, situation etc. is required to consider in detail before fixing
up the price.
Extensive inquiry is carried by the associates with the local residents familiar with the property
transactions around the locality to find out the current buying and selling price of the land.
The rate of the land adopted by the government tax department for the particular locality is also noted.
Due weightage is given to all the information and most probable Current land rate is fixed and
adopted.
Permission to mortgage:
Permission of the owner of the property to mortgage : Yes
Comment (if any) : None
Rights of property:
Source from which owner have acquired : Not known
Has all the adult in the family have fully informed : Yes
that this property is being mortgaged, whether they
have also given their consent for this act
Relation between the client and owner of the : Son & Mother & Father
property
Whether the property was previously mortgaged to : Not Known

any other organization if yes state name of the
organization
If mortgaged has it been released : Yes
Comment (if any) : None
REMARKS AND LIMITING CONDITIONS:

The opinions of the value are based upon the fact and assumption identified in this report. The
valuer takes no responsibility for the changes in market conditions.
The stated opinions of the value are effective as of the date of value based upon information that
was available to the valuer at the time of valuation analysis was conducted. Values may change
substantially with time and the valuer reserves the right to alter stated opinion of value if relevant
information later became available.
To the best of our knowledge, all matters of factual nature discussed in this report are true and
correct. No Important factors have been intentionally over looked or withheld.
In our opinion this property may be taken as mortgage for the amount recommended in the
valuation certificate. However, the remarks made herein should be considered and legal expert
shall scrutinize all legal documents.
VALUATION TABLE OF PROPERTY
SUMMARY REPORT
Client Details:
Name : M/S. Sonu Bastralay (Pro. Amit Kumar Gupta)
Address : Gaushala VDC, Ward No.-1, District-Mahottari
Contact No. : 9817827445
Owner Of Property for Plot no. - 852 & 46
Name : Mrs. Phulo Devi

Citizenship No. : 86442583/2057-10-15
a)Plot No. : 852
Location of property : 5 No. Bahadurgunj VDC, Ward No.-4, District-Mahottari
Total Area in ownership document : 0-1-5-0 (Bigha-Kattha-Dhur-Kanwa)
: 4556.250 Sq. ft.
Total Area as per trace map : 0-1-3-6.24 (Bigha-Kattha-Dhur-Kanwa)
: 4263.00 Sq. ft.
Net area considered for valuation . (As
: 3836.70 Sq. ft.
Per lesser)
Class of Land : "Abal"
Date of Registration : 17/6/2067 Rajinama Elapsed

Sales Value:
(a) Government Rate : NRS. 120,000.00 Per Kattha
(b) Market Rate : NRS. 3,200,000.00 Per Kattha
Average Rate {40% of (a)+60% of (b) } : NRS. 1,968,000.00 Per Kattha
NRS. 539.92 per sq.ft.
Total Summary of the Property :
Land : NRs. 2,071,502.22
Total : NRs. 2,071,502.22
Current market value of property : NRs. 3,368,296.30
b)Plot No. : 46
Gaushala VDC, Ward No.-1, District-
Location of property : Mahottari
Total Area in ownership document : 0-0-1-4.32 (Bigha-Kattha-Dhur-Kanwa)
: 21.50 Sq. metre
0-0-1-4.32 (Bigha-Kattha-Dhur-Kanwa)
231.42 Sq. ft.
: 21.56 Sq. metre
231.42 Sq. ft.
: 219.85 Sq. ft.
Per lesser)
Class of Land : 2 Kha
Date of Registration 27/12/206
: 9 Rajinama Elapsed
Sales Value:
NRS. 10,600.82 per sq.ft.
Land : NRs. 2,330,580.35
Total : NRs. 2,330,580.35
2.Owner Of Property for Plot no. - 123
Name : Mr. Ram Prit Sah Rauniyar
Citizenship No. : 86441238/2049-09-02
(Current: Gaushala -Municipality)
Gaushala VDC, Ward No.-2, District-
Location of property : Mahottari
a)Plot No. : 123
Total Area in ownership document : 0-0-2-0 (Bigha-Kattha-Dhur-Kanwa)

: 34.00 Sq. metre

0-0-2-0 (Bigha-Kattha-Dhur-Kanwa)
365.97 Sq. ft.
: 38.42 Sq. metre
413.54 Sq. ft.
: 311.07 Sq. ft.
Per lesser)
Class of Land : 2 Kha
Date of Registration : 5/11/2064 Rajinama Elapsed
Sales Value:
NRS. 10,600.82 per sq.ft.
Land : NRs. 3,297,645.73
Total : NRs. 3,297,645.73
SUMMARY OF PROPERTY
NRS
Total Fair Market value of Land : . 7,699,728.30
NRS
Total Fair market value of Property(Say) : . 7,699,000.00
Total Distress value of the Property (90% of Total NRS
: 6,929,100.00
Fair Market Value). .
For, SHAH Global Engineering Consultancy (P.)Ltd.

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Century Commercial Bank Ltd.

Purpose of valuation : To mortgage at

Client Name : Mr. Ram Autar Mahato

Address : Bharatpur - VDC,Ward no.: 05,

1.Plot No.: 211

Owner’s Name :‘ Mr. Ram Autar Mahato

Boundary of the property

LIST OF PROPERTY EVALUATION

Area as per Trace Map

Area Considered for Valuation(as per lesser)

SHAH Global Engineering Consultancy (P.) Ltd. Page # 1

Ownership of land : Freehold

Comment (if any) : No

Class of land : "Abal"

Land Registration Paper:

Date of registration : 13-05-2053(As per Rajinama Paper)

Whether 6 Months in case of a normal sale (as per : Elapsed

Comments (if any) : None

Distance from permanent structure from centerline : Not applicable

Location map : Yes

Uses of Land, Building e.g. vacant, Farm, : Residence

Feature for increase of value of property. : Residential

Features for decrease of value of property e.g. : Not applicable

Frontage : Frontage: 31’-1” (West)

Facing of land : Facing of land is East side.

Requirement of filling : Not required

Comment (if any) : No

Has whole or a part of a land been notified for : Not known

SHAH Global Engineering Consultancy (P.) Ltd. Page # 3

Current Market Value of the Land Rs. 17,07,944.14

Fair Market Value of the Land NRs. 12,31,427.727

2.Plot No.: 213

Owner’s Name :‘ Mr. Ram Autar Mahato

Boundary of the property

LIST OF PROPERTY EVALUATION

Area as per Trace Map

Area Considered for Valuation(as per lesser)

(Note: The valuation is considered after 5% land

is deducted for road development

Ownership of land : Freehold

Comment (if any) : No

Class of land : 2”Kha”

Land Registration Paper:

Date of registration : 27-12-2069(As per Rajinama Paper

Whether 6 Months in case of a normal sale (as per : Elapsed

Comments (if any) : None

Distance from permanent structure from centerline : Not applicable

SHAH Global Engineering Consultancy (P.) Ltd. Page # 5

Location map : Yes

Uses of Land, Building e.g. vacant, Farm, : Residential/Commercial

Feature for increase of value of property. : Residential/Commercial

Features for decrease of value of property e.g. : Not applicable

Frontage : Frontage: 18’ ft.(North)

Facing of land : Facing of land is North side .

Requirement of filling : Not required

Comment (if any) : No

Has whole or a part of a land been notified for : Not known

SHAH Global Engineering Consultancy (P.) Ltd. Page # 6

Current Market Value of the Land NRs.38,60,174.49