21-1065-J B Shine-Wadhavali-Chembur-Pvt

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REF NO: KEV/1065/2021. DATE :- 19-10-2021.

VALUATION REPORT OF LAND & BUILDING.

GENERAL
1. Purpose for which valuation is made. : For assessment of fair market value of property
for Official work.

2.Date as on which valuation is made. : 18-10-2021.

3. Name of Owner/Owners of property. : Mrs.Rajkumari Magoo &


Mr.Desraj Singh Magoo

4. If the property is under joint ownership : Joint Ownership.


/co-ownership ,share of each.

5. Brief description of property : This is Residential use premises Flat No.601 located
under valuation. on 6th floor of building known as "J. B Shine" is
situated at Collectors Colony, village Wadhavali,
Chembur, Mumbai - 400074.

6. Location ,street,ward no. of land. : As Above.

7. Survey /plot no of land. : Survey No.67, 68, 69, 71, 73, 77-A, 77-B, 77-D & 78
of village Wadhavali

8. Is the property situated in residential : Residential area.


/commercial /Industrial or Mixed area.

9. Classification of locality High class/ : Middle class locality.


Middle class/Poor class.

10. Proximity to civic amenties like, : With in 1-2 kms.radius


schools,hospitals,offices,markets etc.

11. Means and proximity to surface : Easy Auto/Bus Route From Chembur railway Station
communication by which the
locality served.

…...2….. "Katkar Engineers & Valuers."


: 2 : R.No.-1065.

LAND

13. Area of land suported by documentry : N.A.


proof,shape,dimensions and
physical features ?
14. Is it freehold or leasehold land ? : Freehold land

15. If lease hold, the name of leaser & : N.A.


nature of lease.
16. Does the land fall in an area included : Planned Residential use building.
in any Town planning scheme or
any development plan of Government
if so give perticulars.

17. Attach dimential site plan. : Owner may attach on demand.


18. Has any contribution been made : Nil.
towards development or is any
demand for such contribution.

IMPROVEMENTS.

19. Attach plans and elevations of all : Owner may attach on demand.
structures standing on the land.

20. Furnish technical details of the : As per ANNEXURE 'A' Enclosed.


Bldg. On separate sheet

21. I) Is the building Owner : Area of Flat No.601


occupied or tenanted/ both ? Actual measured - 650.6 Sq.ft.Carpet area
As per plan - 668.4 Sq.ft.Carpet area
i.e. 802.08 Sq.ft.Builtup area
II) If partly owner occupied :
specify portion and extent of
area under Owners occupation.

22. What is floor space index permissib- : As per sanctioned plan .


-le and percentage actually utilised.

RENTS

23 I.) Name of tenants : N.A.


II) Portion in there occupation.

24. Are any of the occupants related to : Owner self in possession.


or close business associats of the
Owner.

…..3….. "Katkar Engineers & Valuers."


: 3 : R.No.-1065.

25. Give details of water and electricity : Borne by co-op Hsg.soc and charged to Each Flat
charges ,if any borne by owner Owner.

26. Who has to bear cost of repairs and : Borne by co-op Hsg soc and charged to Each Flat
maintenance? Owner.
27. If a lift is installed , who is to bear : Installed and all charges to be borne by Owners.
the cost of operation & maintenance.
28. If a pump is installed,who is to bear : Installed and all charges to be borne by Owners.
cost of maintenance &operation
29. Who has to bear cost of electricity : Borne by co-op Hsg society and charged to Each Flat
charges for lighting of common
space,like entrance,stairs,passage
compound etc.
30. What is the amount of property tax : Borne by Society and shared by Each Flat Owner.
who is to bear it ?
31. Is the building insuered ? : N.A.
32. Has any rents have been fixed for the : Nil.
the premises under any law ?

SALES.

33. Give instances of sale of immovable : Not considered essential as fair market
property in the locality on separate value of simillar type of residential use
sheet,indicating the name and adress premises has been considered from
of the property,registration no.sale local enquries & market survey in said
price & area sold vicinity and location.

34. Land rate adopted in this valuation : The fair market value of Residential use
: premises is considered as on date of
: inspection, and premises is inspected
35. If sale instances are not available, : to checkup its present condition upkeep
or not relied upon the basis of : maintenance,locatiopn,locality residential
arriving at the land rate. : use on which valuation is based.

COST OF CONSTRUCTION.

36. Year of construction. : 2019-2020 or there about.

37. What is the method of construction : Constructed by M/s.Jadhwani Brothers.


by contractor or employing
labour directly or both?

38. For items of work done on contract : By Contract.


produce copies of agreements.

….4…… "Katkar Engineers & Valuers."


:4: R.No.-1065.

SCHEDULE OF VALUATION :

The Residential use premises under consideration is Flat No.601 located on


6th floor of building known as "J. B Shine" is situated at Collectors Colony, village Wadhavali,
Chembur, Mumbai - 400074.
The Construction of Bldg is R.C.C. Frame structure and consist of Ground + 8 upper floor
The premises under consideration is Flat No.601 located on 6th floor of said Building and
admeasuring as under
Area of Flat No.601
Actual measured - 650.6 Sq.ft.Carpet area
As per plan - 668.4 Sq.ft.Carpet area
i.e. 802.08 Sq.ft.Builtup area

Considering all aforesaid factors, location, locality here land rate under Residential use
premises. As Residential land rates in said area from Rs.24,000.00 to Rs.26,000/ Sq.ft.Built up area.
Here land rate adopted is Rs.25,000 Sq.ft.BUA.
Which is fare and marketable.

ASSESSED FAIR MARKET VALUE OF FLAT NO.601

RS.25,000.00 X 802.08 Sq.ft.Builtup area.


RS.2,00,52,000.00
[RUPEES TWO CRORE FIFTY TWO THOUSANDS ONLY]

DECLERATION:
1. The information furnished above is true & correct to the best of my knowledge
and belief.
2. I have no direct or indirect intrest in property valued.
3. Issued without prejudice.
4.Our Report does not cover Cheak of Ownership,Title Clearance or Legality.
This Valuation is purely an opinion & has no Legal or contractul obligation on our
Part .The sales are based on Current market value these may very with time.
5.Unless Otherwise specified the Valuation is based free & transferable title
without any hindrance like Tenancy etc.&must check with Original Doccument/Ownership.
6. I Personally Inspected the Property Which is shown by owner of the Property .

For KATKAR ENGINEERS & VALUERS.

Mr. Balasaheb P.Katkar. (Proprietor)


Govt.Registered & Approved Valuer.
Wealth Tax Reg. No. CAT I/510

…..5.… "Katkar Engineers & Valuers."


: 5 : R.No.-1065.

ANNEXURE'A'

1. No of floors and height of each : 6th floor premises under consideration.


floor Height -10Feet.
2. Area of premises. : Actual measured - 650.6 Sq.ft.Carpet area
As per plan - 668.4 Sq.ft.Carpet area
i.e. 802.08 Sq.ft.Builtup area
3. Year of construction. : 2019-2020 or there about.
4. Estimated future life. : 60 years
5. Type of construction. : R.C.C framed structure.

6. Type of foundation. : Open type foundation.


7. Walls : Brick work.
8. Partitions. : By B.M. walls.
9. Doors and Windows : T.W.Pannel type Doors & allu.frame Glass windows.
10. Finishing. : Neru Mixed cement Plaster.
11. Floorings. : Italian Marble tiles.
12. Roofing & Teracings. : R.C.C.Slab roffings.
13. Internal wiring & class of fittings. : Concealed wirings.
14. Special Architecture or decorative : N.A.
Features if any.

15. Compound wall


a) Height….. : Nil.
b) Type of construction. :
16.No of lifts. : 1 lift
17. Under ground water tank or storage : Under ground suction tank.
water tank.
18. Over head water tank
a)Where located. : On terrace
b)Capacity. :
C)Type of construction. :
19. Sanitary installation No.& class : Self Contained toilet has been used.
of fittings-Sewage disposal facility..

For KATKAR ENGINEERS & VALUERS.

Mr. Balasaheb P.Katkar. (Proprietor)


Govt.Registered & Approved Valuer.
Wealth Tax Reg. No. CAT I/510

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