Valuation Report Client : Small Business Fin Credit India Pvt Ltd Branch Name : Mysore Type of Case LAP Valuer Name : Arjun H R Date of Report 07.08.2023 Ref. No : VW_MYS_AUG_23_069 Date of Visit 07.08.2023 DMA Name NA APS NO 300283 General Details 1 Name/s of the applicant/s Mr. Krishnappa N H a. Name of Owner Mrs. Ningamma 2 Type of Property Row House Current Usage Residential Property No. 94, Unique No. 152900102300600197, Nilasandra Village & Address as per TRF Gramapanchayath, Channapatanna Taluk, Ramanagara District - 562160
3 Property No. 94, Unique No. 152900102300600197, Nilasandra Village &
Address as per document Gramapanchayath, Channapatanna Taluk, Ramanagara District - 562160 Mrs. Ningamma, Nilasandra Village & Gramapanchayath, Channapatanna Taluk, Address as per inspection Ramanagara District - 562160 Has the valuator done valuation of this 4 property before this? If yes, when, for No whom? SOUROUNDING & LOCALITY DETAILS Type (Comm., Res, Ind, Mix) Residential Class of Locality Middle class 5 Location Site is (Dev, Under Dev) Developing Proximity to civic amenities/public transport Near by 6 Close Vicinity / Land Mark Lakshmi Temple Arali Katte 7 Distance from City Centre 3 KM Condition and approx width of 8 7 M Concrete Road approach road 8.1 Latitude & Longitude 12.621951 77.226514 Property Details Vacant / Occupied occupied 9 Occupant Details Name of Occupant Mrs. Ningamma Relation with Occupant Self Property Demarcation Yes Type of Structure Load Bearing Land / Plot Area (Sft) 2,867.50 10 Building Details No of Blocks 1 No of Units 1 No of Floors GF No of Lifts 0 Located on Floor Number 1 Super / Built up area 663 11 Unit Details Carpet area 530 Remarks on view from NA property Internal Average 12 Quality of Construction External Average
No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022 E-mail: [email protected]; M : +91-8884134341 13 Age of the Property in years 10 14 Residual Age (Year) 60 Accommodation details Ground Floor GF: 2 BHK - (AC Sheet) - 1 Unit - Self First Floor NA 14A Second Floor NA Third Floor NA Sanction Plan Approval & Other Document Details
15 Sanction Plan Verified with Approval No NA
16 Ownershp Type (Leasehold / Freehold) Freehold
17 Property Documents Verified a) Form 9
Is the Property within the municipal 18 No Limits Permissible Usage allow as per Master 19 Residential plan Setbacks As per Plan / Bye Laws Actual At Site East 0 1.5 20 West 0 5.5 North 0 77.5 South 0 1.5 Floor Wise Area in Sft Area Adopted Permissible Deviation Floors Actual (Sft) for Valuation Usage Occupant BUA (Sft) in % (Sft) Ground Floor 663 0 0 0.00% Residential Self
21 First Floor 0 0 0 0.00% NA NA
Second Floor 0 0 0 0.00% NA NA Third Floor 0 0 0 0.00% NA NA Total 663 0 0 Deviation NA (A) Description of Constructed Area and Rates Description Area (Sq Ft) Rate Rs. Amount Land 2867.5 ₹ 550 ₹ 15,77,125 22 Constructed Area 0 ₹ 0.00 ₹0 (B) Value of Extra Amenities Car Parking PLC / EDC / Club Membership etc Interior Fit outs, Wood Work, Flooring etc 0 0 0 Boundaries As Per Documents & Site Boundaries As per deed At Site Vacant Site of Mrs. Chandana Sowmya East Property of Mrs. Chandana Sowmya Govindaraju (Not Numbered) 23 West House of Mrs. Sumalatha House of Mrs. Sumalatha (Not Numbered)
North Property of Mrs. Ningarajamma Property of Mrs. Ningarajamma(Not Numbered)
South Road 7 M Concrete Road
Stage of Construction Tower / Property Entire Project 24 Completed (%) 100% Completed Recommended (%) 100% Completed
No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022 E-mail: [email protected]; M : +91-8884134341 Calculation of Fair Market Value Land Area(Sft.) 2867.5 Total Built Up Area(Sft.) 663 Area adopted of the valuation (Sft.) 0 Current Market Rate of land in the 450 - 600 locality (INR) Applicable Rate of Land (INR) ₹ 550 Current Market Value of Land (INR) ₹ 15,77,125 Value of Land Share for subject ₹0 property (INR) Applicable rate on construction (per ₹0 Sft.) (INR) Value of Construction (For Permissible Area) ₹0 (INR) Fair Market Value of property (INR) ₹ 15,77,125 Value of Amenities (INR) ₹0 Fair Market Value with Amenities(INR) ₹ 15,77,125 Rental Value (If Rented) (INR) ₹0 Forced Sale Value (INR) @ 85% ₹ 13,40,556 Insurable Value (INR) ₹0 Proposed area of construction 0
Proposed rate per future construction (Sft.) NA
future construction as on completion NA
Estimate Recommended for renovation / NA construction Net market value (after completion) NA Current Govt. Approved rates (INR) ₹ 218 Remarks : 1. The property considered for valuation is residential building. The property is connected with all civic amenities, transportation & communication facilities at close distance. 2. The property is clearly demarcated but not numbered. Schedule properties are not numbered. Identified Through Contact person guidance and photograph checked Form-09 in E-Swathu website. Electrical Bill RR No. NL131 In favor of Mr. Honnagiriyaiah (Owner Husband) 3. The subject property is surrounded by middle class area & located at Nilasandra Village & Gramapanchayath, Channapatanna Taluk. The Landmark nearby is Lakshmi Temple or Arali Katte. 4. The actual plot area is 2,867.5 Sft (EW : 7.40 M (24 ft) x NS : 36 M (118 ft) & document plot area is 2,867.5 Sft (EW : 36 M (118 ft) x NS : 7.40 M (24 ft) . Hence same plot area is considered for valuation. 5. The actual BUA is 663 Sft (GF) is covered by Ac Sheet Roof is not considered for valuation. Hence report is released land value only. 6. Details of subject property: GF: 2 BHK - (AC Sheet) - 1 Unit - Self 7. The property is in Honganuru Gramapanchayath limits. 8. The report is released based on Land value. 9. Legal aspects are beyond the scope of valuation. 10. Documents Provided: a)Form 09/11A: No. 12983152 & 12983174 Dt. 23.06.2023 in favor of Mrs. Ningamma. Note: a) EW & NS linear dimensions plot area are interchanged, Please verify & obtain rectified E khata before proceeding.
Declaration :- We hereby declare that we have no direct or indirect interest in the valued and the information furnished in the report is true and correct to the best of my knowledge of belief
ARJUN H R Digitally signed by ARJUN H R Date: 2023.08.08 No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022 11:37:19 +05'30' E-mail: [email protected]; M : +91-8884134341 Site Image Applicant Name Reference No
No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022 E-mail: [email protected]; M : +91-8884134341 Route Map
No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022 E-mail: [email protected]; M : +91-8884134341
