Ref:-SSG/VAL/CNB/2020 (1) Date:-07/07/2020

A Report of Valuation of Flat No.01, On Plot No.50, S. No. 1066/1A+1B(1138),

Akshay Co.op Housing Society, Behind Bhikusa High School ,Shivaji Nagar ,Close
to Nasik – Pune National Highway, At. Sinnar, Tal. Sinnar, Dist. Nashik. To estimate
Fair Market Value for Purpose of determining Bank Security against Loan.
Date of Inspection 4th July 2020
Applicant Mr. Dilip Shivaji Pagar
Owner’s Mr. Dilip Shivaji Pagar
Area statement :
Area of Plot No.50 (Part) 75.00 sqmt (807.00 sqft
B/U Area of Flat No.01 (G + One Floor ) 143.66 sqmt (1545.78 sqft)
Approx. Carpet Area of Flat NO.01, 106.41 sqmt (1145.02 sqft)
G L R. Value - Rs. 29, 30, 700/-
P M R. Value - Rs. 43, 54, 300/-

(Rupees Forty Three Lac Fifty Four Thousand & Three Hundred Only)

Report Submitted to Canara Bank

Ambad Branch, Dist. Nashik.
 VALUATION REPORT
PRIVATE & CONFIDENTIAL REPORT OF VALUATION OF
IMMOVABLE PROPERTY

VALUATION OF FLAT BY COMPOSITE RATE METHOD

Ref:-SSG/VAL/CNB/2020 (2) Date:-

07/07/2020
PART - A
I GENERAL DETAILS
1 Purpose of Valuation Canara Bank Loan Purpose
2 Date of Valuation 07/07/2020
3 Name of the owner (as reported) & Mr. Dilip Shivaji Pagar
address As per Regd. Partition Deed – SNR- 636-2020
Date :- 17/09/2019
4 Document produced for perusal Regd. Partition Deed, Commencement Certificate,
Completion certificate, Building Plan,7/12 Extract.
II. APARTMENT BUILDING
1 Nature of the apartment Good
2 Flat, Row House & Shop No. & Floor Flat No.1, (Ground + First Floor)
3 Name of the apartment N.A
4 Postal address Flat No. 1, On Plot No.50, S. No.
1066/1A+1B(1138), Akshay Co.op Housing
Society, Behind Bhikusa High School, Shivaji
Nagar, Close to Nashik – Pune National Highway,
At. Sinnar, Tal. Sinnar, Dist. Nashik.
5 Location S. No. / C.T.S. No. / G. No. S. No. 1066/1A+1B(1138),
Plot No. Plot No. 50
Ward -
Village / Municipality / Corporation Sinnar
Door No. Street or road 6.0 m wide colony road
Pin code Number Pin code - 422103
6 Description of the locality Residential area
7 Year of construction 2019-2020
8 Number of floors Ground + First
9 Type of structure R.C.C. Frame Structure
10 No. of dwelling units in the building 02 - Flat
11 Quality of construction Good
12 Appearance of the building Good
13 Maintenance of the building Good
Ref:-SSG/VAL/CNB/2020 (3) Date:-07/07/2020

14 Facilities available
Lift Yes
Protected water supply Yes
Underground sewerage Yes
Car Parking – Open/ Covered Yes, Covered
Around compound wall Yes
Pavement Around the building Yes
Any other facilities No
III. FLAT
1 The floor in which the flat is situated Ground & First Floor
2 Door number of the Flat Flat No. 01
3 Specification of the Flat
Roof RCC Slab Roofing
Flooring Vitrified Diamond tiles with skirting
Doors Laminated Flush Door
Shutter N.A.
Windows Alu. Silding window with safety grill
Fittings Canceled wiring & Plumbing
Finishing External Sand face plaster & Internal POP
Finish with royal Paint
4 House Tax Not produced by owner
Assessment No.
Tax amount
In the name of
5 Electricity Service Connection number Not produced by owner
Meter card is in the name of
6 How is the maintenance of the flat / Row Building is new & very well maintained
House
7 Sale deed executed in the name of Mr. Vikas Sopan Mahajan
8 What is the undivided area of land as per Not mentioned in sale deed
sale deed
9 What is the plinth area of the
Flat No. 143.66 sqmt (1545.78 sqft) Sealable
01
10 What is the floor space index (Approx) 1.0 & Premium 0.20
11 What is the carpet area of the
Flat No. 106.41 sqmt (1145.02 sqft) approx.
01
12 Is it posh / 1 class / Medium / Ordinary First class
13 Is it being used for residential or Residential area
commercial
14 Is it owner occupied or tenanted Owner occupied
15 If tenanted, What is the monthly rent? N.A.
 Ref:-SSG/VAL/CNB/2020 (4) Date: -
07/07/2020

IV. DRAWING APPROVAL ( Discuss here the building approval, reference,

violations observes if any, & its consequences thereof)
The Building Plan is approved by Sinnar Municipal Council, Under letter No.
BPA/218/00167/2017-18, Dt. 27/02/2018
Completion Certificate issued by Sinnar Municipal Council, Under letter No. WS/III/2/8/2020,
Dt. 02/01/2020
PART – B – VALUATION OF FLAT
A. GENERAL
1 How is the marketability? Good
2 What are the factors favoring for an Behind Bhikusa High School, Shivaji Nagar
extra potential value? Close to Nasik – Pune National Highway
3 Any negative factors observed which No
affect the market value in general
B. RATE
1 After analyzing the comparable sale As per market survey Composite Rate of
instances, what is the composite rate similar type of building is varies from
for a similar flat with same Rs.28000-/ to 30500/- per sqmt
specification in the adjoining locality?
2 Assuming it is a new construction, For New construction - As per market survey
what is the adopted basic composite Composite rate of similar type of building is
rate of the flat under valuation after varies from Rs.28000-/ to 30500/- per sqmt
comparing with the specification &
other factors with the flat under
comparison (give details)
3 BREAK UP FOR THE RATE
Building + Nil
Services Nil
Land + Other
C. COMPOSITE RATE ADOPTED AFTER DEPRECIATION
A DEPRECIATION BUILDING RATE

Replacement cost of Flat / R. House Rs. 4094310/-

with services age of the Building.

Life of the building estimated 60 years with proper care & maintenance
(remaining)

Depreciation percentage assuming the -

salvage value as 10%

Depreciated rate of the building Rs.28500 per sqmt

B TOTAL COMPOSITE RATE ARRIVED
FOR VALUATION
Depreciated building rate Rs.28500/- per sqmt
Rate for land & others Nil
 Total Composite rate Rs. 28500/- per sqmt

Ref:-SSG/VAL/CNB/2020 (5) Date: - 07/07/2020

Boundaries of property East Adj. 6.0m wide Colony road

Flat No. 11 West Adj. Plot No. 04
South Adj. Plot No.11
North Adj. Flat No.02 Parking & Staircase

V. VALUATION DETAILS
Sr. No Description Quantity Rate Present Value
Per
sqmt
1. Present value of the Flat No. 01 143.66 sqmt 28500/- Rs. 4094310/-

2. Wardrobes Rs.35,000/-
3. Show cases / Almirahs Rs.35,000/-
4. Kitchen arrangements Rs,40,000/-
5. Superfine finish Nil
6. Interior decoration & POP Rs.125000/-
7. Electricity, Water, Drainage Nil
deposits etc.
8. Electrical fittings Rs.25,000/-
9. Extra collapsible gates / grill Nil
works etc.
10. Potential value, if any? Nil
11. Share of common amenities, if Nil
any?
TOTAL Rs. 4354310/-
Say Total Rs. 43, 54,
300/-
PART III - NOTE
A) The report shall neither be reproduced nor be used for any purpose, other than
Mentioned herein above without written permission of the Valuer.
B) In absence of the Title certificate at the time of valuation, the property is
considered to be having clear marketable title.
D) The Valuer accepts only limited Liability towards the Values so estimated.
E) The legal aspect was not considered in this valuation.
F) My report is on the basis of data & information supplied to me by client or bank. The
information collected by me during inspection, where as data & information not
available, I have presumed certain information for my report.
PART IV - DECLARATION
I hereby declare that -
(a) The information furnished in Part I is true and correct to the best of my knowledge and
belief.
(b) I/We have no direct or indirect interest in the property valued.
(c) I have not been convicted of any offence and sentenced to a term of Imprisonment.
(d) I have not been found guilty of misconduct in my professional capacity.
(e) Initial financial liabilities, taxes, duties, dues, royalties etc., if any on the assets is not
taken into consideration by us.
(f) The property was inspected by Myself on 03/07/2020,in presence of
 Mr. Dilip Shivaji Pagar.

Ref: - SSG\VAL\CNB\2020 (6) Date:-07/07/2020

ANNEXURE – I
Technical Details: -

1. No. of floors & height of each Ground + Three Floor only & Height of floor to
Floor of building Floor is 3.05 m
2. Plinth area floor wise B/U Area of Flat (G + One Floor ) = 143.66 sqmt
(As per IS: 3861-1966) Total B/U Area of Flat = 143.66 sqmt
Carpet Area of Flat =106.41 sqmt (1145.02 sqft) .
3. Building Approved detail Approved by Sinnar Municipal Council, Under
letter No. BPA/218/00167/2017-18, Dt. 27/02/2018
4. Building Completion detail Sinnar Municipal Council, Under letter No.
WS/III/2/8/2020, Dt. 02/01/2020
5. Year of construction Year 2018-2020
6. Estimated future life 60 years or thereabout
(With (with proper maintenance and care)
5. Type of construction
i. (Load bearing/ R.C.C. R.C.C Frame Structure
Frame / Steel structure)
ii No. of rooms in Flat, Row 1 - Hall, 2 - Bed, 1 - Kit., 1 - Pooja, 1- W.C. & 2-
House, Flat, etc. Bath etc.
6. Type of Foundation R.C.C. Isolated footing & col.
7. Walls (floor wise):-
Ground floor
150mm thick brick masonry walls in Cement
mortar
First floor 150mm thick brick masonry walls in Cement
mortar
Second Floor 150mm thick brick masonry walls in Cement
mortar
Third Floor 150mm thick brick masonry walls in Cement
mortar
8. Partitions 100mm thick brick masonry walls in Cement
mortar
9. Doors & Windows (floor wise)
Ground floor Laminated decorative Main Door, Laminated Flush
Door & Allu. Sliding Window With Safety Grill
First floor Laminated Decorative Flush Door & Allu. Sliding
Window With Safety Grill
Second Floor Laminated Decorative Flush Door & Allu. Sliding
Window With Safety Grill
Third Floor Laminated Decorative Flush Door & Allu. Sliding
Window With Safety Grill
 Ref: - SSG\VAL\CNB\2020 (7) Date:-07/07/2020

Valuation Report No.

10. Flooring (Floor wise)
Ground floor Diamond Tiles used for flooring with skirting &
Parking tile
First floor Diamond Tiles used for flooring with skirting &
Granite Kit. Otta With Glazed Tile
Second Floor Diamond Tiles used for flooring with skirting &
Granite Kit. Otta With Glazed Tile
Third Diamond Tiles used for flooring with skirting
Floor
11. Finishing (Floor wise)
Ground floor Cement Plaster, Royal & Apex Water Proof Paint
First floor Cement Plaster, Royal & Apex Water Proof Paint
Second Floor Cement Plaster, Royal & Apex Water Proof Paint
Third Floor Cement Plaster, Royal & Apex Water Proof Paint
12. Roofing & Terracing R.C.C slab with B.B.M. water proofing
13. Special architectural or decorative Excellent Elevation
Features if any.
14. i. Internal wiring – surface conduit Canceled wiring

ii Class of fitting Superior / Superior

Ordinary / poor
15. i. Sanitary Installation :
No. of water closets No
No. of urinals No
No. of Bath No
No. of Toilet 3 No. & 7 ft. ht. glazed tile for wall

ii. Class of Fittings (Superior Superior

Colored / Superior White
/Ordinary)
16. Compound Wall :
Height & Length 1.50 m & 50.0m length
Type of Construction 150 mm thk Brickwork with plaster & Sliding Gate
17. No. of lifts and capacity. Yes, 4 Passenger Lift
18. Underground water tank capacity & Tank – 5000 lit & In Brick Masonry wall in
type of construction. Cement Plaster for each flat
19. Overhead water tank :
Where Located On Terrace for each flat
Capacity 1000 liter
Type of Construction Sintex
20. Pumps No. & their H. P. 1 No & 1 H.P. for each flat
21. Road & paving within the 6.0m wide Asphalt Finish Colony road
Compound. Approximate area and
type of Paving.
22. Sewage disposal whether connected Yes, 12 user Common Septic Tank with SNP Sewer.
to Sewer or soak pit.
Ref:-SSG/VAL/CNB/2020 (8) Date:-07/07/2020

V. ANY OTHER DETAILS - Attach separate Annexure - I

VI. 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 & Building is Rs. 43, 54, 300/-
(Rupees Forty Three Lac Fifty Four Thousand & Three Hundred Only)
ii) The forced sale value of the property is estimated as 20 % less than the present
market Value.

2. If this property is offered as collateral security, the concerned financial institution is

requested to Verify the extent of land shown in this valuation report with respect to the
latest legal opinion.

3. Value varies with the purpose and date of valuation. This report is not to be referred if
the purpose is different other than mentioned in I (1).

4. The Property was inspected on 03/07/2020 by myself in the presence

Of Mr. Dilip Shivaji Pagar.

5. The legal aspects were not considered in this valuation.

6. This valuation work was / has been undertaken by the valuer based upon the request
From Branch Manager, Canara Bank, Sinnar.

Place:-Sinnar
Date: - 06/07/2020
Note : This report contains 11 pages
 Ref: - SSG\VAL\CNB\2020 (9) Date:-07/07/2020
External & Internal Photograph of Flat, On Plot No.50, S. No. 1066/1A+1B(1138), Akshay Co.op
Housing Society, Behind Bhikusa High School ,Shivaji Nagar ,Close to Nasik – Pune National Highway,
At. Sinnar, Tal. Sinnar, Dist. Nashik.

Front Side

Side View
Ref: - SSG\VAL\CNB\2020 (10) Date:-07/07/2020

Hall Kitchen

Bed Bed

Store Room WC& Bath

Ref: - SSG\VAL\CNB\2020 (11) Date:-07/07/2020

6.0m Wide Approach Road

Location Plan