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Arjun H R,MRICS

Reg. Valuer (IBBI Wealth-Tax), Chartered Engineer


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_060 Date of Visit 07.08.2023
DMA Name NA APS NO 301360
General Details
1 Name/s of the applicant/s Mr. Veeraswamy A
a. Name of Owner Mrs. Alamelamma
2 Type of Property Row House Current Usage Residential
Property No. 652/83/1, Unique No. 152900101800406274, Maluru Village &
Address as per TRF
Gramapanchayath, Channapattana Taluk, Ramanagara District - 562160

3 Property No. 652/83/1, Unique No. 152900101800406274, Maluru Village &


Address as per document
Gramapanchayath, Channapattana Taluk, Ramanagara District - 562160
Mrs. Alamelamma, Maluru Village & Gramapanchayath, Channapattana Taluk, Ramanagara
Address as per inspection
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 Anganawadi/Rama Mandira
7 Distance from City Centre 5 KM
Condition and approx width of
8 5 M Concrete Road
approach road
8.1 Latitude & Longitude 12.645696,77.179134
Property Details
Vacant / Occupied Occupied
9 Occupant Details Name of Occupant NA
Relation with Occupant Self
Property Demarcation Yes
Type of Structure Load Bearing
Land / Plot Area (Sft) 600
10 Building Details No of Blocks 1
No of Units 2
No of Floors G+1
No of Lifts 0
Located on Floor Number 2
Super / Built up area 418.5
11 Unit Details Carpet area 335
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 2
14 Residual Age (Year) 68
Accommodation details
Ground Floor GF: 2 BHK (RCC) - 1 Unit - Self Occupied.
First Floor FF:1 BHK (AC Sheet) - 1 Unit - Self Occupied.
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 9/11A


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 6
20 West 0 8.5
North 0 0
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 418.5 450 418.5 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 418.5 450 418.5
Deviation NA
(A) Description of Constructed Area and Rates
Description Area (Sq Ft) Rate Rs. Amount
Land 600 ₹ 750 ₹ 4,50,000
22 Constructed Area 418.5 ₹ 1,700.00 ₹ 7,11,450
(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
East Road 5 M Concrete Road
23
West Property of Mrs. Deviyani Property of Mrs. Deviyani (Not Numbered)
North Property of Mr. Ravi Property of Mr. Ravi (Not Numbered)
South Property of Mr. Kannaiah Property of Mr. Kannaiah (Not Numbered)
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.) 600
Total Built Up Area(Sft.) 418.5
Area adopted of the valuation (Sft.) 418.5
Current Market Rate of land in the
7,00 - 1,000
locality (INR)
Applicable Rate of Land (INR) ₹ 750
Current Market Value of Land (INR) ₹ 4,50,000
Value of Land Share for subject
₹0
property (INR)
Applicable rate on construction (per
₹ 1,700
Sft.) (INR)
Value of Construction (For Permissible Area)
₹ 7,11,450
(INR)
Fair Market Value of property (INR) ₹ 11,61,450
Value of Amenities (INR) ₹ 30,000
Fair Market Value with Amenities(INR) ₹ 11,91,450
Rental Value (If Rented) (INR) ₹0
Forced Sale Value (INR) @ 85% ₹ 10,12,733
Insurable Value (INR) ₹ 7,11,450
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) ₹ 279
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. DML4416 in favor of Mr. Veeraswamy.
3. The subject property is surrounded by middle class area & located at Maluru Village & Gramapanchayath, Channapattana Taluk. The
Landmark nearby is Anganawadi/Rama Mandira.
4. The actual plot area is 682.5 Sft ( EW: 45.5 ft X NS: 15 ft) & document plot area is 600 Sft (EW : 12.192 M (40 ft) x NS : 4.572 M (15 ft)).
Hence least plot area is considered for valuation.
5. The actual BUA is 418.5 Sft (GF). Since sanction paln is not provided. Consider RDPR, As per RDPR 1.5 Permissible (coverage 75%) BUA
is 450 Sft (GF). Hence the least of two BUA is considered for valuation. The actual BUA is 404.75 Sft (FF) is covered by Ac sheet is not
considered for valuation
6. Details of subject property: GF: 2 BHK - 1 Unit & FF (AC Sheet) - 1 BHK - 1 Unit - Self Occupied.
7. The property is in Honganuru Gramapanchayath limits.
8. The report is released based on RDPR.
9. Legal aspects are beyond the scope of valuation.
10. Documents Provided: a) Form 09/11A: No. 6965330 & 6965341, Dt. 11.03.2020 in favor of Mrs. Alamelamma
Note: As per actual 5ft extra plot area on western side. The existing building was constructed within documental plot area. Please
verify before proceeding.
b) One Side wall Plastering is not done please verify.

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

ARJ Digitally
signed by
ARJUN H R
UN Date:
2023.08.08
No. 07, 2nd Floor, Dakshineshwara Road, E and F Block, Ramakrishna Nagara, Mysore - 570022
E-mail: [email protected]; M : +91-8884134341 HR 11:36:09
+05'30'
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

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