Er.V.KARTHIKEYAN.,B.E.Civil.,M.E.Structural.,A.M.I.E.
, Cell – 9600 310 210, 9444 650 210,
Chartered Engineer, Approved Valuer, No.426, 1st Floor, C.R.Complex,
Govt. Registered Engineer (VCMC & DTCP) Opp Otteri Bus Stop, Otteri, Arni Road,
Govt.Reg. Structural Engineer (VCMC & DTCP) Vellore – 632 002, Tamil Nadu.
Consulting Civil Engineer. E-Mail : amazeengineers6@gmail.com.
Our Services : > Vellore > Ranipet > Thirupathur > Thiruvannamalai > Kanchipuram
IKF HOME FINANCE LIMITED
VALUATION REPORT
Ref. No: 1 IKFHFL Lead No S20159 IKFHFL Branch VELLORE
Initiation
10.07.2024 Valuation Inspection Date 11.07.2024 Report Date 12.07.2024
Date
Fair Market value of the property as on date as per advice of IKF Home Finance
Purpose of valuation
Limited.
Name of the Applicants : Mr. VANCHIYAPPAN MOTTAIYAN
Name of the Property owners : Mr.VANCHIYAPPAN M
Person met/Nos Mr.VANCHIYAPPAN & 90034 72248
Whether customer was present or not YES / NO
SFNO 651A PILLAIYAR KOVIL STREET VILANKUPPAM KELUR PILLAIYAR KOVIL NEEAR
Property Address as per initiation
KELUR TIRUVANNAMALAI Kelur B.O1 TIRUVANNAMALAI TAMIL NADU India 606907
Natham S.No. 65/1A, New S.No. 181/11, Vilankuppam Village, Polur Taluk,
Property Address as per documents
Kalambur S.R.O, Cheyyar R.D, Thiruvanamalai District - 606 907.
S.No. 181/11,Pillaiyar Kovil Street, Vilankuppam Village & Kelur Post, Polur Taluk,
Property Address as per site visit
Thiruvanamalai District - 606 907.
A Sale Deed in Favour of Mr. Vanchiyappan. M, Doc No. 353/2017, Date.
List of Documents received / verified
08.08.2017.
Independent House / Apartment Flat / Group House Flat / Plot / Villa / Shop /
Brief description of the property
Commercial Office
Classification of locality Residential / Commerical / Industrial / Agricultural
Land Classification Residential Class I Type - II
Nature of locality Slum / Under-Developed / Developing / Developed
Marketability of the Property Low / Average / Good
Railway Station 8.00 Km Madimangalam Railway Station
Proximity to civic amenities Bus Stand 100 m Vilankuppam Bus Stop
Hospital 3.00 Km Government Hospital
Property Distance from IKFHFL Branch 42.00 Km Geo tag details (Long & Lat)
Modes of transport to the property : Bike/Car 12.615278, 79.137028
Land freehold or leasehold, term of lease, period
Freehold
expired, balance and lease rent :
Approvals for drawings from Mun. authorities /
occupation certificate . ULC clearance / F.S.I. available
and balance for future use / F.S.I. from T.D.R. / Society & NA
Details
Digitally signed
KARTHI byKARTHIKEYAN
KEYAN Date: 2024.07.15
11:36:36 +05'30'
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 1 of 7
Boundaries of the Land Measurement
Actual As per Document
Property / Flat Actual As per Document
1) Pillaiyar Kovil Street 2) Pillaiyar
NORTH Pillaiyar Kovil Street 13.00 13.00
Kovil
SOUTH Palani House 1) Palani Plot 2) Palani Plot 13.00 13.00
1) Arjunan Land 2) Selvam,
EAST Arjunan House 34.00 34.00
Rajendiran, Selvan Land
1) S.No. 65/1A, New S.No. 181/11
WEST 3.00 Feet Common Way 34.00 34.00
Common Way 2) Narayana Samy Plot
In case of apartment Land boundaries required
Boundaries of the property
Actual As per Document Measurement
/ Flat
NORTH NA NA NA
SOUTH NA NA NA
EAST NA NA NA
WEST NA NA NA
Whether property falls in the list Prohibited or
NA
unautorized properties.
Property is demarcated NA
Prorperty is easily identifiable YES
II) DETAILS OF STRUCTURE AND SPECIFICATIONS:
Year of construction of the building 2011
Age of the building and anticipated future life of the
Age of Building 13 Years Future Life 27 Years
building. :
Present condition of the flat or building or Structure Excellent / Good / Average / Poor / Not Applicable
Type of construction RCC / Load Baring / ACC / Mangalore Roof / Plot
Nil / Railway Track / Nala >10 feet /River / Road Widening / temple / church /
Critical Observations at the Property / Boundary
mosque / Graveyard
Permitted use of the property. Residential
Actual use of the Property : Commercial
No. of floors for building and additional structures: 1
No. of lifts with capacity and type : NA
Type of underground, overhead tanks and pumps : NA
Flooring in open spaces and stilts and staircase : Yes
Compound wall and gates & security NA
Building elevation : Good
Other amenities and special amenities and features : NA
General comments on specifications NA
III) DETAILS FOR THE PROPERTY UNDER REFERENCE :
No. of floors and flats on each floor. 1
No. of rooms /portions for the building 1
Balconies to rooms separate or merged NA
Walls, plaster and painting : YES
Doors and windows : YES
Type of flooring in rooms, skirting /cladding : Concrete Cement
Area of property (permitted as per approved plan/building
NA
byelaws)
Area as per sale agreement / Deeds 493.00 Sq.ft
KARTHI Digitally signed
by KARTHIKEYAN
KEYAN 11:37:02 +05'30'
Date: 2024.07.15
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 2 of 7
Drawings and approvals with Approval Nos NA
Floor Actual Permissible
GF 0
FF 0
14. Adherence to Sanction Plan/building byelaws
SF 0
TF 0
Total 0
15. Deviation from sanction Plan/building byelaws (if any) NA
16. Risk of Demolition (valuers views) Low / Medium / High / NA
Floor No of Units Type of Unit Rent P.m Occupied by
GF 1 1 Self Occupied
17. Property Currently Occupied by (Owner Occupied FF
or Tenanted) & Future / Present Rental Value SF
TF
Total 1 1 Self Occupied
Area considered for the purpose of valuation : 493.00 Sq.ft
Market rates of properties in the vicinity and surrounding area : 750
Govt. Guideline Value for the Property ( Land & Building) 50/Sq.ft
National Disaster Management Authority (NDMA) Parameters
RCC / AC Sheet / GI Sheet / Mangalore
Seismic Zone Details Zone I, Zones II, Zones III and Zones IV Roof Type
Tiles
Load Bearing / RCC Framed / Partially Load
Structure Type Type of Masonry Brick Work / Solid Block
Bearing & Framed
Footing Type Isolated / Continues Soil Type Red Soils / Sandy loam / Black Clay
CONCLUSION AND VALUATION OF THE PROPERTY :
In view of the data available and basis for valuation, the valuation of the property under reference will as under .
Super Built up Area Built up Area Carpet Area
270 243
FAIR MARKET VALUE OF PROPERTY - ACTUAL ON SITE
Property Details Type Area Rate Amount Completion %
A) Plot Area (Sq. Ft) - Land Value LAND 493.00 900 ₹ 4,43,700
Built up area (Sq. Feet) - GF - Protico
Ground Floor Built up area (Sq. Ft) AC Sheet 270.00 800 ₹ 2,16,000 100
First Floor Built up area (Sq. Ft) ₹ -
Second Floor Built up area (Sq. Ft) ₹ -
Third Floor Built up area (Sq. Ft) ₹ -
Depreciation of the Building AGE 13 Years 0.26 ₹ 56,160
Total Market Value of the Property (After Depreciation ) - Actual on Site ₹ 6,03,540
Overall Stage of Construction of the Building (% of
100% Completed
Construction)
Estimated Date of Completion of Construction NA
Construction estimate given by the customer NA
Value of the property as on date 12.07.2024
Insurance Values ---
Re construction value NA
Digitally signed
KARTHI by
KARTHIKEYAN
KEYAN Date: 2024.07.15
11:37:17 +05'30'
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 3 of 7
Realizable Value of the Property ₹ 5,43,186
Distress / Forced Sale Value ₹ 4,52,655
Geo tag details (Longitude & Latitude) 12.615278, 79.137028
How the property was identified: Through to the Owner of the Property
FSI Value 0.61 - Accepted
Other Critical Check - Points
Water Connection Status Active / In-Active / Not Available / If any other sources Plz mention.
Electricity Connection Status Active / In-Active / Not Available
Electricity Connection No & Owner Name Selvam (old Customer) & 02-236-008-629
Latest Electricity Bill to be collected & enclosed in report Yes / No
Electricity Bill Online verification to be done & update
Yes / No
screen shot in report
Name of the Apartment / Building NA
Occupancy status of Entire Building / Flat Self Occupied
Period of Un-occupancy Entire Building / Flat
NA
(Verification to be done with Neighbours)
NOTE: 1
REMARKS ON THE PROPERTY
Ground Floor AC Sheet Commercial Constructed Area is 270.00 Sq.ft.
Ground Floor Open AC Sheet Constructed Area – 132.00 Sq.ft. As Per Finance Company Policy Ground Floor Open AC Sheet
Constructed Area is not Consider for this valuation Report.
As per Site Plot Area is equal to Document Area, There is No Demarcation at site. It is an intermittent Plot as per Site.
Property Shape is Slightly Rectangular Shape.
This Property Located Adjacent to Residential House.
A Copy of Patta, FMB Sketch and Plot Layout Details are not Furnished.
A Copy of Property Tax is Not Furnished.
A Copy of Electrical Connection Line in Favour of Mr. Selvam (Previous Owner), EB Card No. 02-236-008-629.
Land Type - Natham Land Type in legal Property Document, As Per Government Revenue Record Land Type is Residential Class I Type -
II.
Plot Coverage: 61%, FSI - 0.61, As Per FSI - 2.00 Consideration. It is Less than the Permissible as per approved law limit.
Report Prepared By S. Siva Priya Report Submitted Date 12.07.2024
VALUER'S DECLARATION
The Property was Inspected By Our Er. Yogaraj in the Presence of Mr.VANCHIYAPPAN & 90034 72248
I/We have no direct or Indirect interest in the property being valued.
• Statements of fact are true and correct
• Limiting conditions have been disclosed
Digitally signed
• We have no interest (present or future) in the transaction or property
KARTHI by
KARTHIKEYAN
KEYAN
• Compensation is not contingent upon rendering a specified value
Date: 2024.07.15
• We have complied with all of the real estate appraisal program requirements 11:37:30 +05'30'
Any additions/alterations made to the property after the date of valuations SIGNATURE
shall not fall under the scope of this report. NAME AND SEAL OF THE VALUER
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 4 of 7
TN - ELECTRICITY BOARD BILL STATUS
GOVERNMENT GUIDELINE VALUE
GOOGLE MAP ON LOCATION
Digitally signed
KARTHI byKARTHIKEYAN
KEYAN Date: 2024.07.15
11:37:42 +05'30'
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 5 of 7
PHOTOGRAPH OF THE PROPERTY
S.No. 181/11,Pillaiyar Kovil Street, Vilankuppam Village & Kelur Post, Polur Taluk, Thiruvanamalai District - 606
Property Address
907.
Street Road View Front View on Prporty
Main Door View Engineer Selfie Photo
Internal Photo 1 Internal Photo 3
Internal Photo 3 Internal Photo4
Digitally signed
KARTHI by
KARTHIKEYAN
KEYAN Date:
2024.07.15
11:37:56 +05'30'
AMAZE ENGINEERS AND VALUERS IKF-VL-VANCHIYAPPAN MOTTAIYAN-12.07.2024
Technical Valuation Services Page 6 of 7
