Engineers, Architects, Planners, Designers & Valuator
Lahan-03 (Siraha)
Reg. No :- 7509/2074/075                                                             Mobile No. 9852833305, 033-562450
PAN :- 606433408.
                                                                                                           th
Ref. No.:- 104/080/081                                                                          Date :- 27 July 2023
To,
The Bramch Manager
Mahalaxmi Bikas Bank Ltd.
Rupni(Saptari)
                                  Subject:-CONFORMATION VALUATION CERTFICATE
Dear Sir / Madam,
As per your request regarding job assignment for valuation of the property, it is our pleasure to submit the VALUATION
REPORT of the following property which is proposed to be mortaged to the bank by :
CLIENT                                                                     :   M/s. New Faisal Plaza
ADDRESS                                                                    :   Rupani Rural Municipality-01,Saptari.
NAME OF PROPRIETORS                                                        :   Mrs. Apsana Khatun
CURRENT OWNER OF PROPERTY                                                  :   Mrs. Apsana Khatun
The property consist Land
                     of Only.
     Type of                                                                                    Areaas per Lal         Val. Area
SN                                         Location                                 Plot No.
     Properties                                                                                 Purja(B-K-D)           (B-K-D)
 1                  Previous:-Nakatti Raipur-8'Gha', Saptari. Present:-               694             (0-8-0)          (0-6-16)
         Land
 2                  Rupni Rural Municipality-01,Saptari.                              713             (0-5-0)           (0-4-5)
                                               Total                                                 (0-13-0)          (0-12-2)
We hereby declare that:
1) We have physically, inspected,verified and measured the property on 20th June 2023
2) We have no direct or indirect interest in the said property or the client.
3) We have obtained and verified legal and other related documents.
4) The information furnished is true and correct to the best of our knowledge and belief.
    We understand that the bank may inspect the property and reserves the right to accept or reject
5)
    this valuation report.
The property is accessible by 16' wide Gravel Road. The property lies around 1250m East             from MahaLaxmi Bikash
Bank Rupni Branch Which Is Shown In Location Plan.
Based on our valuation elaborated in the detailed report, we hereby certify that:
    The Fair Market value of the property (Rs.):            Land                                    7,269,880.00
    The Distress Value of property                          Land                                    5,815,904.00
    Say(The Fair Market Value of property            (Rs.):                                         7,269,000.00
     In Words:- Seventy Two Lakh & Sixty Nine Thousand Only.
All necessary calculations and documents are enclosed herewith for the reference.
Sincerely yours,                                                                                .
……………………………….
Er. Ramanand Bariyait
NEC Regd. No. 3728 (Civil) "A"
                                                                                                                               1
SUMMARY OF VALUATION REPORT :
                                                            Name           :    M/s. New Faisal Plaza
 1   Information of Client                                  Address        :    Rupani Rural Municipality-01,Saptari.
                                                            Contact no.     :
 2   Property Evaluated                                     Land Only.
 3   Particulars of Land Area in (Biggha - Kattha - Dhur)
                                                                                                     Area as per
     Owner of the                                                                Area as per Lal                     Area Considered
SN                        Location of the property              Plot No.                               Actual
      Property                                                                       Purja                            for Valuation
                                                                                                     Measurment
 1               Previous:-Nakatti Raipur-8'Gha',                 694                  (0-8-0)          (0-8-0)          (0-6-16)
     Mrs. Apsana
                 Saptari. Present:- Rupni Rural
      Khatun
 2               Municipality-01,Saptari.                         713                  (0-5-0)          (0-5-0)           (0-4-5)
                                                                        Total          (0-13-0)         (0-13-0)         (0-12-2)
 4   Accessibility of Land
                       Importance (Commercial,                Access in the                           Frontage of
SN     Plot No.                                                                 Access at the Site                       Remarks
                           residential etc.)                   Blue Print                              Property
 1       694                    Residencial                   Not Shown               16'              210'           Gravel Road
 2       713                    Residencial                                        Attached With Plot no. 694
                                                                          Deduction                                     Google
       Plot No.               Considered ROW                                                            Facing
                                                           Setback of Road Already in road                            Co-ordinates
         694                        26'                          5'              8'                      North          26.628530,
         713                                         Attached With Plot no. 694                                         86.724495
 5   Rate of Land (In Nrs.)
                                                              Government        Weighted Rate (60% of Market
SN     Plot No.       Commerical Rate Per Katha.                                                                         Remarks
                                                                 Rate           Rate & 40% of Government Rate)
                                                                                 Rs.                    720,000.00         60%
 1   694 (Belt-01)                        1,200,000.00           289,000.00      Rs.                    115,600.00         40%
                                                                                 Rs.                    835,600.00      Per Kattha
                                                                                 Rs.                    390,000.00         60%
     694 (Belt-02)
 1                                             650,000.00        289,000.00      Rs.                    115,600.00         40%
        & 713
                                                                                 Rs.                    505,600.00      Per Kattha
  6 Boundry of Land
S.No. Plot No.                     East                          West                  North             South           Remarks
                                                                                                     Plot no. 713 &
 1       694                   Plot no. 1218                  Plot no. 696              Road
                                                                                                           718      As Per Charkilla
 2       713                   Plot no. 1219                  Plot no. 718        Plot no. 694        Plot no. 555
                                                                                                                                    2
    7   Value of Land (Amount in Nrs.)
                                                                                                                       Distress value
                               Area Considered for            Weighted Rate        Commercial         Weighted
SN        Plot No.                                                                                                       (80 % of
                               Valuation(Kattha)               per Kattha            Value           Value(FMV)
                                                                                                                      weighted Value)
    1   694 (Belt-01)                5.1000                       835,600.00        6,120,000.00       4,261,560.00       3,409,248.00
    2   694 (Belt-02)                1.7000                       505,600.00        1,105,000.00         859,520.00         687,616.00
    3        713                     4.2500                       505,600.00        2,762,500.00       2,148,800.00       1,719,040.00
                                                                        Total       9,987,500.00       7,269,880.00       5,815,904.00
    8   Total Value of the Properties
                                                               Fair Market       Distress Value
S.N                        Description
                                                               Value(Rs.)          80 %(Rs.)
    1   Land                                       7,269,880.00                     5,815,904.00
                   TOTAL(Rs.)                      7,269,880.00                     5,815,904.00
                                Say (FMV Value)    7,269,000.00
In Words:- Seventy Two Lakh & Sixty Nine Thousand Only.
REMARKS
*      The opinions of value stated are based on facts and assumptions identified by us during our valuation work and furnished in
this report.
*      The stated opinions of value are effective as of the date of valuation based on information that was available to the valuator at
the time the valuation analysis was conducted.
*     To the best of our knowledge, all matters of factual nature discussed in this report are true and correct. No important factors
have been intentionally overlooked or withheld.
*      The property has been physically checked to ascertain whether the building is constructed or not on the same land as
described.
*        The client has sumbitted necessary documents to us and we found all the documents to be in order
        and adequate
Opinion:
In our opinion this property may be taken as mortgage for the amount recommended in the Valuation Certificate, however all the
remarks made above shall be taken into consideration.