VALUATION REPORT IN RESPECT OF IMMOVABLE PROPERTIES

( for all properties of value upto Rs. 5 crores )

(Annexure-II as per IBA Handbook on Policy, Standards and Procedures for Real Estate Valuation, 2009)
Name & address of Branch Date
Name of Customer (s)/ Borrowal unit 0
(for which valuation report is sought)

Name & address of Branch

Name of Customer (s)/ Borrowal unit
Akshay Kumar Shrivastava
(for which valuation report is sought)
1 Customer Details
Name Sh.Akshay Kumar Shrivastava S/O Sh.Krishna Kumar Shrivastava
Case Type Loan
2 Property Details
Address Plot No. 03 Part of Gata No. 410 Sa at Bakshi Ka Talab Lucknow 226201
Nearby Landmark Backside of BNCET Engineering College
3 Document Details
Layout Plan Yes Name of Approving Auth. Approval
No..
Building Plan Yes Name of Approving Auth. Approval
No.
Construction Permission Yes Name of Approving Auth. Approval
No.
Legal Documents Yes List of Documents Photo copy of Tittle Deed attached.
4 Physical Details
Adjoining
East Adjoining Plot West Road 15ft North South Road 15ft
Properties
Matching of Boundaries Yes Yes/no Type of
Plot demarcated Approved Land use Plotted / Flat
Property
No. of
Living / Dining 2 Bed rooms 4 Toilets Kitchen 2
rooms
Total no. of Floor on which the Approx. age of Type of
floors property is located the property in structure -
Ground Plus 1st GF & FF 5 50
years RCC framed
Stone / BB
5 Tenure / Occupancy Details
Status of Tenure Owned Self Constructed with Good Marble No. of years of occupancy
and flooring throughout A Class work in
whole house. Good Structural and
Ornamental Value
Relationshi
p of tenant Nil
to owner

6 Stage of construction
Stage of construction Completed If under costruction, the extent of completion
7 Violations if any observed
Nature and extent of violations Nil
8 Area Details of the Property
Site area Plinth Area Carpet Area Remarks
74.349 70.349 149 74.349
9 Valuation 1) Market Value:
Land:
Total area
88.92 SqYd = 800.28 Sft
of Land =
Rate of
Land
Adopted ₹ 14,000 Per SqYd = ₹ 1,556 Per Sft
for
Valuation =
Valuation
= ₹ 1,244,880
of Land
Buildings:
Floor Covered Area in Sft Current Rate Per Sft Depreciated Value
%age Rate
Ground Floor 1,260 ₹ 950 85% ₹ 1,017,450
First Floor 360 ₹ 950 85% ₹ 290,700
Second Floor ₹0
Third Floor ₹0
Total Value of Buildings = ₹ 1,308,150
So, Market Value of Property = ₹ 2,553,030
2) Guideline Value:
Collector Rate of Land in Area = ₹ 6,000 Per SqYd
Value of Land ₹ 533,520
Value of Buildings = ₹ 1,308,150
So, Guideline Value of Property = ₹ 1,841,670
3) Fair Market Value:
wheras Market Rates of Property is much higher
Collector Rate of Land at Bakshi Ka Talab ₹ 6,000
due to high
potential and good Marketabilty of Land in this area.
So, Fair Market Value of Property = ₹ 2,553,030
4) Realizable Value (90% of FMV) = ₹ 2,297,727
Say ₹ 2,638,000
5) Distress Sale Value (85% of FMV) = ₹ 2,170,076
10 Assumptions IRemarks
i. Qualifications in TIR/Mitigation suggested, if any Nil
ii. Property is SARFAESI compliant : Y/N Yes
iii. Whether property belongs to social infrastructure like hospital, school, old age home etc. No
iv. Whether entire piece of land on which the unit is set up / property is situated has been mortgaged or to be mortgaged. Yes
v. Details of last two transactions in the locality/area to be provided, if available. Not Available.
Transactions of Land in this area were enquired into but nobody provided the copies of the recent Title Deeds owing to their privacy/non
vi. Any otheravailability.
aspect which However Collector
has relevance onRates of the
the value orLand in this area
marketability is the
of the Minimum reserve price for collection of Revenue,Nilwhereas the Actual
property
11 Declaration 1) The property was inspected by the undersigned on 10.05.2019
2) The undersigned does not have any direct/indirect interest in the above property.
3) The information furnished herein is true and correct to the best of my knowledge.