VALUATION REPORT

1. Name of the Owner of the Property : 1. Mr. D. BALASUNDARAM

S/o. Mr. K. P. Dhamu
2. Mrs. B. VANITHAMANI
W/o. D. Balasundaram
Ph. 72001 06596 & 86374 63650

2. Property Address : S. F. No. 1458, Patta No. 5583,

No. 2 Gudalur Village & Town Panchayat,
Coimbatore North Taluk,
Coimbatore District-641 047.

3. Referral Branch of Bank : CANARA BANK,

Gudalur Branch
Coimbatore District.

4. Short Description of the Property : To Assess the Market Value of

Agriculture Land

5. Extent of Land : 3.48 Acres

6. Date of Inspection : 24. 05. 2022

7. Date of Report : 25. 05. 2022

8. Name of the Valuer & Address : Er. T.G. USHAA, ( Ph.D ),

M.E.(Structures), M.Sc(Valuation), FIV,
Sri Mahimaa Arch Structure ,
Ganapathy, Coimbatore – 641 006.

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 CERTIFICATE
To
The Senior Manager, 25. 05. 2022
Canara Bank, Gudalur Branch
Coimbatore.
Dear Sir ,

This is to certify that the valuation of the property of Agriculture Land for
Mr. D. BALASUNDARAM, S/o. Mr. K. P. Dhamu & Mrs. B. VANITHAMANI, W/o. Mr. D.
Balasundaram has been done in the presence of Mr. D. BALASUNDARAM for without any
interest direct or indirect and the distress sale value has been take into account for evaluating the
property.

Description Value in Rs. Value in Words

Guideline Value of Land Rs. 37, 30, 560 /- ( Rupees Thirty Seven Lakhs Thirty
Thousand Five Hundred and Sixty Only )
Market Value of Property Rs. 97, 44, 000 /- (Rupees Ninety Seven Lakhs and Forty
Four Thousand Only )
Realizable Value of Rs. 82, 82, 000/- ( Rupees Eighty Two Lakhs and Eighty
Property Two Thousand only )
Forced Value of Property Rs. 73, 08, 000/- (Rupees Seventy Three Lakhs and Eight
Thousand Only)

Declaration
Hereby declare

1) I have valued the right property & the information furnished is true and correct to the best of my
knowledge and belief.
2) I have no direct and indirect interest in the property valued.
3) I have not found guilty of misconduct in my professional capacity

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 ANNEXURE – II
VALUATION OF PROPERTY ( LAND& BUILDING )
REPORT ON VALUATION
Ref. No.Can/Gudalur Branch/ Date :25. 05. 2022

PART A – BASIC DATA

1. GENERAL :

1 Purpose of Valuation : To Assess the Market Value of

Agriculture Land
2 a. Date of Inspection : 24. 05. 2022
b. Date on which the valuation is made : 25. 05. 2022
3 Name of reported owner with present : Name Of the Owner
address and phone Number 1. Mr. D. BALASUNDARAM
S/o. Mr. K. P. Dhamu
2. Mrs. B. VANITHAMANI
W/o. Mr. D. Balasundaram
Ph. 72001 06596
Name of the owner(s) and his / their
addresses (es) with Phone No,. ( details of :
share of each owner in case of joint
ownership)
4 Documents produced for Perusal
i)Sale Deed No. & Date : 2145 / 2018 dt. 12. 02. 2018
In SRO : Periyanaickenpalayam
ii) Rectification Deed No. & Date : 5214 / 2018 dt. 18. 04. 2018
In SRO : Periyanaickenpalayam
iii) Patta No. : 5583
iv) Site Regularization Order No. : Large Extent of Area
v) E.B. Service No. : 137 - 002 - 778
vi) Encumbrance Certificate : E.C. No. 64549972 / 2022 dt.06.05.2022
Period : 01.01. 1987 to 03. 05. 2022
vii) Legal Opinion given by : Advocate La. Rajkumar dt. 20.05.2022
1 / 693, JJ Complex, LMW Pirivu,
Periyanaickenpalayam, Coimbatore – 641 020.
Ph. 98940 43966
5 Brief description of the property taken for : S. F. No. 1458, No.2, Gudalur Village and
valuation (including leasehold / Free hold Town Panchayat, Coimbatore North Taluk,
etc) Coimbatore District and it is Located nearby
L&T Toll Booth & Karpagam Collage
Junction

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 6 Scope of Valuation : To Assess the Market Value of A
griculture Land
7 If this report is to be used for any bank : Canara Bank,
purpose, state the of the bank and branch, Gudalur Branch,
if known Coimbatore.

2. DESCRIPTION OF THE PROPERTY

1 Postal Address of the property with pin code : 1. Mr. D. BALASUNDARAM

S/o. Mr. K. P. Dhamu
2. Mrs. B. VANITHAMANI
W/o. Mr. D. Balasundaram
S. F. No. 1458, No. 2 Gudalur Village &
Town Panchayat, Coimbatore North Taluk,
Coimbatore District-641 047.
Residential Area : NA
Commercial Area : NA
Industrial Area : NA
Agriculture Area : Yes
3 Classification of the Area’ : High/Middle / Poor
Urban/Semi Urban/ Rural
4 Coming Under Corporation Limit /Village : No. 2 Gudalur Village & Town Panchayat
Panchayat / Municipality
5 Whether Covered under any State /Central : NA
Govt. enactments (e.g. Urban Land Ceiling
Act) or notified under agency area /
Scheduled area / cantonment area
6 In case it is and agricultural land, any : NA
conversion to house site plots is
contemplated .
7 Location of the Property
Plot No. / Nagar / Survey No./ Door No. : -
S. F.No. /T.S. No. / R.S. No. : S. F. No. 1458
Village / Block : No. 2 Gudalur Village & Town Panchayat
Taluk / Ward : Coimbatore North Taluk
Mandal /District / Municipality/ Corporation : Coimbatore District

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8 Boundaries of the Property A B
Document No. 2145 / 2018 As per Deed As per Patta / FMB
North :
South : Not Mentioned in the Refer FMB Sketch
East : Document
West :
Dimension of the Property As per Deed As per Patta / FMB
North :
South : Not Mentioned in the Refer FMB Sketch
East : Document
West :
Extent of land : 3.48 Acres 3.48 Acres
Note : Road & Cart Tract access rights vide Deed Nos.3060 / 2001 & 3061 / 2001 along
with usage rights over the 23’ 0” Wide East West and South North Road in S.F.No.1460
and usage right from the Cart Tract situated in S.F. No. 1459 and 1467 Western Part to
23’ 0” wide Cart Tract in S. F. No. 1467 Southernside to towards East , 20’0” wide East
to West Cart Tract belongs to Vendor which leads to the North to South 20’0” and East to
West 25’0” wide cart track in S.F. No. 1468 South West Corner belongs to Vendor.
9 Latitude, Longitude and Coordinates of the : 11.196482,76.915582
site
10 Property tax receipt referred
Assessment Number : NA
Tax Amount :
Receipt in the Name of :
11 Water tax receipt referred
Assessment Number : NA
Tax Amount : -
Receipt in the Name of : -
12 Electricity Service Connection
Consumer Number : NA
In the name of other details, if any :
13 Property is Presently Occupied by : Owner /Tenants/ Both / Vacant
14 If tenanted Fully, What is the gross NA
monthly Rent ?
15 If occupied by both : NA
By assuming the entire building is let out,
(i) What is the probable monthly rent ? :
(ii)What is the advance amount ? :

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 PART B - LAND

1 Dimension of the site As Per Deed As per Patta / FMB

North :
South :
Details Not Mentioned Refer FMB
East :
West :
Extent : 3.48 Acres 3.48 Acres
2 Least Extent of site : 3.48 Acres
North & South :
East & West : NA
Total Extent of the Plot : 3.48 Acres
3 Characteristic of the site
* What is the character of the locality ? : Agricultural Area
* What is the classification of the Dry Special Type - III (tnreginet.net)
locality?
* Development of surrounding areas : Under Developing Area
* Possibility of frequent flooding / sub : No
merging
* Feasibility to the Civic amenities like
school, Hospital, bus stop, market, etc. : Available at Around 2.0 Km distance
* Level of land with topographical : Level
conditions
* Shape of land : Nearly Rectangular
* Type of use to which it can be put : Vacant Land
* Any usage restriction : Nil
* Is plot is town planning approved : NA
layout
* Corner Plot or Intermittent Plot? : Intermittent Plot
* Type of road available at present ? : Mud Road
* Road facilities are available ? : Yes
* Is it a land – locked land ? : No
* Water Potentiality : Yes
* What is the width of Road ? : 23' 0" Wide Road
* Width of road – it is below 20’0” or : More than 20’ 0” Wide Road
more than 20’0”
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 * Underground sewerage system : No
* Is power supply available at the site? : Yes
* Advantage of the site
Special remarks, if any, like threat of : NIL
acquisition of land for public service
purposes, road widening or applicability
of CRZ provisions etc. ( Distance from
sea-coast / tidal level must be
incorporated )
* Any factors which affect the
marketability
of the land ? : NIL
 Type of Land? :
 Accessbility
4 Value on adopting GLR ( Guideline Rate
)

i) Guideline rate as obtained from the : Rs. 10, 72, 000 / Acre
Registrar’s office ( an evidence thereof to
be enclosed

ii) Value of land by adopting GLR : Rs. 37, 30, 560 /-

( 3.48 Acres x Rs. 10, 72, 000 /- Acre )

5 Value by adopting PMR ( Prevailing

Market Rate )
Prevailing Market rate ( Along with
details / reference of at least two latest : Rs. 25, 00, 000 to 30, 00, 000 / Acre
deals / transactions with respect to
adjacent properties in the areas )

Unit rate adopted in this valuation after : Rs. 28, 00, 000 / Acre
considering the characteristics of the
subject plot

Value of land by adopting PMR : Rs. 97, 44, 000 /-

( 3.48 Acre x Rs. 28, 00, 000 / Acre )

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 PART F – ABSTRACVALUE

Part Description Value of adopting

GLR PMR
Rs. Rs.
A Land Rs. 37, 30, 560 /- Rs. 97, 44, 000 /-
B Existing Building - -
C Amenities - -
D Services - -
Total Value Rs. 37, 30, 560 /- Rs. 97, 44, 000 /-
Say
Factors favoring for an additional value
1.
2. NIL
Add ( + )
Factors favoring for less value
1. NIL
2.
Less ( - )
Present Market Value Rs. 97, 44, 000 /-

ANY OTHER DETAILS

( Valuation : Here the approved Valuer should discuss in detail his approach to valuation of property
and indicate how the value has been arrived at, supported by necessary calculations. Also, such
aspects as i) Salability ii) Likely rental Valuer in future in iii ) Any likely income it may generate
, may be discussed ).

As a result of my appraisal and analysis, it is my considered opinion that the present fair market
value of the above property in the prevailing condition with aforesaid specifications is
Rs. 97, 44, 000 /- (Rupees Ninety Seven Lakhs and Forty Four Thousand Only ) The book value
of the above property as Refer Auditor Book Value is (Rs ------------- only ) and the distress value
Rs. 73, 08, 000/- (Rupees Seventy Three Lakhs and Eight Thousand Only)

Place : Coimbatore
Date :25. 05. 2022
Signature
( Name and official seal of the Approved Valuer )

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 PART G – CERTIFICATE
1. It is hereby certified that in my opinion

i) The present market value of the property discussed in the report ( above ) by adopting
prevailing market rate for land is. Rs. 97, 44, 000 /- (Rupees Ninety Seven Lakhs and
Forty Four Thousand Only )
ii) The Realizable Value for land is Rs. 82, 82, 000/-( Rupees Eighty Two Lakhs and
Eighty Two Thousand only )
iii) The forced sale value of the property is estimate as 25 % less than the present market
value.

2. If this property is offered as collateral security, the concerned financial valuation report with
respect to the latest legal opinion.

3. Value varies with the purpose is different other than mentioned in I(1).

4. The Property was inspected on 24. 05. 2022

5. This valuation work was / has been undertaken by the valuer based upon the request from
The Branch Manager, Canara Bank, Gudalur Branch, Coimbatore.
Place : Coimbatore
Date :25. 05. 2022 ( Panel Valuer )

Note : This report contains ------10---------- pages

Enclosures :
 Location of the property
 Photograph of owner / representative with property in background
 Screen shot of longitude / latitude and co-ordinates of the property using GPS /Various Apps/
Internet sites

( Notes: The Valuer may add any number of additional sheets for providing any vital data and
relevant information )

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 GUIDELINE VALUE

Zone: COIMBATORE
Guideline Village: GUDALUR
Revenue District: COIMBATORE
Street/Survey 1458
Number:
Sub Registrar PERIYANAYAKKAN
Office: PALAYAM
Revenue Village: GUDALUR (N) & (S).
Revenue Taluka: COIMBATORE NORTH

Sr.No. Survey/Subdivision Guideline Guideline Land Classification

No. Value (₹) Value (₹)
(British (Metric
Value) Value)

1 1458 1072000/ Acre 2649500/ Dry Special Type - III

Hectare

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