ON
FIXED ASSETS
Of
AAAA AAAA AAAAAA
Gothtar-2, Kathmandu
for
AA. AAA AAAAAA AAAAA
Gothtar-2, Kathmandu
SUBMITTED TO: -
Tej Binayak Bachat Tatha Rina Sanstha Limited
Gothatar, Kathmandu
SUBMITTED BY: -
Earthquake Resistant Technology Development
& Consultancy Centre
Sifal, Kathmandu, Nepal
G. P. O. Box No. 1719
TEL:4478902, 9851070082, Email: earthquake377@gmail.com
2015
LIST OF CONTENTS: -
1.0 Valuation Certificate
* Confidential
* Summary of valuation
* Synopsis of valuation
2.0 Remarks
3.0 Detailed Valuation Report
* Details of client
* Proposed of valuation
* Type of Property
* Details of Owner
* Details of Land
* Impotance of the area
* Facilities available with in Premised
* Land measurement Area
* Value of Land
* Technical Details of Building
* Method of Valuation
* Legal Aspects of Property
4.0 Legal Documents Attached
ü Copy of Lalpurja
ü Land Tax Receipt
ü MSP of the plot prepared by the Government Survey Department
ü Copy of minimum governmental rate of land
5.0 Drawings
ü Site plan
ü Location plan
6.0 Site Photographs of the fixed assets
To,
The Manager
Agriculture Development Bank
Samakhusi, Kathmandu
Nepal
Dear Sir,
RE: REPORT ON QUANTITY ESTIMATE OF MAINTENENCE OF BUILDING OF
KHADGA KUMARI SIMKHADA
FOR: KHADGA KUMARI SIMKHADA
We are pleased to submit herewith the quantity estimate of the maintenance of building, which are intended to be mortgaged at the Agriculture
Development Bank at Samakhushi by:
CLIENT: KHADGA KUMARI SIMKHADA
ADDRESS: Gumdi-5, Dhading, Kathmandu
We have taken all care to ascertain the value of the properties as directed by the client
Owner of the property : KHADGA KUMARI SIMKHADA
Kitta No. : 347
Area : Total Area=0-3-3-1
Location of the property : Echagunarayan-5, Kathmandu
We hereby declare that:
We have physically inspected, verified and measured the property on 2074/11/28
* We have no direct or indirect interest in the said company or property.
* The information furnished is true and correct to the best of our knowledge and belief, which are based on the documents, furnished by the client.
And certify that:
The total quantity estimate of maintenence of building property is 2,165,000.00
All necessary calculations and documents are enclosed herewith for the reference.
Sincerely yours,
____________________
Er. Dev prasad lamichhane
Structure Engineer
Chilime Engineering and Services
7
SUMMARY OF VALUATION REPORT :
1. Name and Address of the Client:
1.1 Name : Khadga Kumari Simkhada
1.2 Address : Gumdi-5 Dading Kathmandu
2. Name and Address of the Owner:
1.1 Name : Khadga Kumari Simkhada
1.4 Address : Echagunarayan, Banasthali, Kathmandu
3. List of Property Evaluated:
Land
* Plot Nos. 347
* Location. Echagunarayan, Banasthali, Kathmandu
*Area of Land
a) As per Lal Purja 4.25
b) As per Site Messurment after 4.12
3. Access to the Land: The property is accessed by 5m wide Blacked Topped Road
4. Legal Aspects : Single an freehold
Estimate of maintenanced of Buildings
SN Items Quantity Unit unit Rate Total amount
1 Painting 3000 m^2 100 Rs. 300,000.00
2 Tiling 1200 m^3 500 Rs. 600,000.00
3 Electrification Rs. -
Wiring 10 nos 1000 Rs. 10,000.00
Replacing Light 50 nos 1000 Rs. 50,000.00
4 Plumbing 1 1 150000 Rs. 150,000.00
5 Replacing Sofa 5 nos 40000 200000
Replacing Doors 12
6 nos 2000 Rs. 24,000.00
7 Replacing Doors 34 nos 1500 Rs. 51,000.00
Furniture
8 maintenance 15 nos 2000 30000
Replacing brick
9 masonary 150 m^3 5000 750000
Total Rs. 2,165,000.00
8
REMARKS
* The opinions of value stated are based on facts and assumptions identified in this report. The valuator takes no responsibility for changes in market
conditions.
* The stated opinions of value are effective as of the date of value based on information that was available to the valuator at the time the valuation
analysis was conducted. Values may change substantially with time and the valuator reserves the right to alter stated opinions of value if relevant
information later becomes available.
* 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 client told us that he would submit the necessary documents to the bank soon.
Access to the property:
The property is accessed by 5m wide Blacked Topped Road
Letter of consent: NA
Insurance:
The Bank shall ask the client to insure the land under the various insurance policies & submit the policy to the bank earlier.
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 and all legal documents shall be scrutinized by legal experts of Kasturi Saving and Credit Cooperative Society Ltd
9
10
13. Method of Valuation :
LAND VALUE: Lesser of the area recorded in the Land ownership Document and that measured at the site is considered for valuation. There are
two methods for estimating the value of the land.
a) Comparative Method.
In this method, the sales from transactions of vicinity of land properties are studied and then a fair price for the land is fixed based on the collected
data. The physical natures such as length, width, situation, etc. are required to be considered in detail before fixing up the price.
Extensive inquiry is carried out by our associates with the local residents familiar with the property transaction around the locality to find out the
current buying and selling price of the land.
Minimum registration rate of the land charged by the Government Registration Department is also collected. The rate of the land adopted by the
Government Tax Department of the particular locality is also noted. Information from the Real Estate Company or broker is also collected. Due
Weightage is given to all the information and most probable Current land rate is fixed and adopted.
b) Development Method.
When a property to be valued is fairly big and no data available from similar land but sale transactions of small plots are available, on that basis we
may adopt the Method of development. In this method, we divide the said plot into small imaginary plots with adequate road provision in such a way
that the similar facilities and condition is maintained to match with the available surrounding units for comparison.
14. Legal Aspects of the Property:
Following legally related documents have been checked and noted as under:
Land Ownership Document (Lalpurja)
a) Type of Ownership : Single
b) Ownership of Land : Freehold
c) Name of the Owner : Asha Lama Gurung
11
d) Name and Address of Tiller : Not Applicable
e) Town/Village
Bhaktapur, and Ward No. : Echagunarayan-5, Kathmandu
Nepal
f) Plots Area
g) : 347
recorded in the
document :
(Ref. to Lalpurja and Survey map)
h) Comments, if any : The client provided us only the photo copy of Lalpurja
Land Revenue (Malpot)
a) Whether the Current/Revenue
has been paid : Yes
b) Comments, if any :
Land Registration Paper
a) Whether Normal Sale/Gift : Normal Sales
b) Date of Registration : 2066/06/03
c) Whether 1 year 35 days In case of Normal Sale (as per Mulki act
Chap 17, Clause 20 and 2 years 35 days in case of Gift (as per Mulki
Act Chap 19 Clause 5) has elapsed : Not Known
d) Comments, if any : It should be further checked legally.
Map of the Plots prepared by Government Survey Department
a) Whether the plots are indicated : Yes
12
b) Whether access is clearly marked on the map prepared by
Government Survey Department : Yes
c) Whether the shape of the land in the field tally with the map
: Yes
Comments, if any : NONE
a) Whether new survey of the land has been carried out
: Yes
b) Whether new land Ownership document has been issued
: Not Applicable
c) Whether the area of land increased or decreased compared to that
recorded in the existing land Ownership Document : Not Applicable
d) If the area of the land has increased in the new survey, whether
the land Revenue Office has carried out the spot inquiry and surveyed
to confirm the increase :Not Applicable
e) Comments, if any : NONE
Permission to Mortgage
a) Permission of the Owner of the property to mortgage
: Yes
b) Comments, if any : None
Right of Property
a) Source from which the property has been acquired
: Not Known
b) Is there any claimant to the property : Not Known
c) Have all the adults in the family has been fully informed that his
property is being mortgaged, whether they also given their consent for : Not Known
this act
d) Relation between Client and the Owner of the property
: Self
e) Whether the property was previously mortgaged to any other
institution : Not Known
f) If mortgaged, has it been released : Not Known
13
g) Comments, if any
General
a) Whether free access to the property is Available
: Yes
b) Has whole or part of the land been notified or acquisition for any
other purpose by the Government or any other statutory body
: Not Known
c) Whether the boundary of the property is clearly defined at the site
: Yes
d) Whether the property lies within Royal Palace or any other
historic monument
: No
e) Comments, if any : None
To the best of our knowledge, no legal dispute on the above mention land has been recorded. The marks of the land are clear and distinct. The land is
on appropriate area hence, it is recommended to mortgage this property. The ownership of the land has been confirmed on the basis of copies of the
land ownership certificates and the field survey conducted by us together with Owner on 2071/11/10
14
15. LIST OF DOCUMENTS USED IN THIS VALUATION
1 Photocopy of Land ownership certificate : Attached
2 Copy Survey map of land area : Attached
3 Citizenship Certificate of the owners of the Property NA
4 Letter of consent : NA
5 Land Tax Receipt : Attached
6 Copy of Lalpurja : Attached
7 Colour Photograph showing land site with approach road :Attached
8 Certificate of perimeters of boundary from VDC office :Attached
9 Approved map/ certificate of building from municipality/VDC : NA
10 Photocopy of Bank's request letter for valuation :Attached
We are the Owners of the property, hereby confirm that all the details and information furnished above are correct and represent the actual statements.
KHADGA KUMARI SIMKHADA
We translated all the details and information furnished by the Client for the above property and he confirmed all details are true in my presence.
Dr. Purushotam Dangol
Senior Structural Engineer
Managing Director
* All necessary documents like map of land, location plan, Photographs, other relevant documents are attached please refer.
15
19/03/2018
d to be mortgaged at the Agriculture
e documents, furnished by the client.
16
du
du
17
responsibility for changes in market
valuator at the time the valuation
opinions of value if relevant
rtant factors have been intentionally
earlier.
wever all the remarks made above shall
t Cooperative Society Ltd
18
19
e is considered for valuation. There are
the land is fixed based on the collected
xing up the price.
tion around the locality to find out the
d. The rate of the land adopted by the
mpany or broker is also collected. Due
all plots are available, on that basis we
h adequate road provision in such a way
ison.
20
o copy of Lalpurja
21
e land are clear and distinct. The land is
confirmed on the basis of copies of the
22
nd represent the actual statements.
ails are true in my presence.
ched please refer.
23
1. Report Preparation Date 2071/11/12
2. Site Visit Date 2071/11/10
Land consisting of a
3. Type of the Property plot
4. Name and Address of the Client:
4.1 Name : Mr. Jay Prasad Yadav
4.2 Father's Name : Mr. RamaNanda Pd. Yadav
4.3 Certificate Registered No:
4.4 Date of Approval
4.5 PAN No
4.6 Business Address :
4.7 Proprietor /M.D.
5. Address of the Client Bara Pauhari-1
Ph.NO.
6. Owners of the Property :
* Name : Asha Lama Gurung
* Father's Name :
* Grandfather's Name :
* Address of the owner : Gothtar-2, Kathmandu
* Ph.No. :
7. Information About Land :
* Plot Nos. 212
* Area. 0-4-3-0
Ropani Anna Paisa Dam
212 0 4 3
Total 0 4 3
* Location. Gothatar-2, Kathmandu
East West North South
* Char KIlla.
* Char KIlla. Land of Plot 24' wide
108 plot no:609 112 pitch road
* Sheet No. of Blue print. 102-1069-19
8. Information about Access to the Land :
* Width at field 24' wide
* Width as per Blue print 18' wide
* Type of Access Black topped Road
9. Description of the Land :
* Shape of the Land Almost Rectangular
* Level with road About 3' with the road
* Requirement of filling Not Required
* Face of Land South
* Frontage of Land 28'-2"
* Boundary of Land No
* Topography of Land Not Required
10. Importance of the area :
The land site is suitable for residential/commercial purposes.
Basic facilities like telephone, road and electricity are
available in the nearby area. In our opinion this property is
good enough to be taken as moratge for the amount
recommended in the Valuation Certificate.
* Positive Feature of the area
1) Very Suitable for
commercial and
residential purpose
2) All facilities are available.
* Negative Feature of the area
1) NA
2 -
11. Facilities available with in Premised
Proximity to civil amenities, Commercial Banks, school,
hospital, office, bus station etc are available in the
surrounding area
12. Rate of the Land :
* Commercial rate per anna based on
interview with local people Rs. 1,200,000.00
* Government rate per anna Rs. 465,000.00
15. Legal Aspects of the Property: Single an freehold
a) Type of Ownership Single
b) Ownership of Land Freehold
d) Name and Address of Tiller self
Land Revenue (Malpot)
a) Whether the Current/Revenue has paid Yes
Land Registration Paper
a) Whether Normal Sale/Gift Normal Sales
b) Date of Registration 2066/06/03
c) Whether 1 year 35 days In case of Not Known
Normal Sale (as per Mulki act Chap 17,
Clause 20 and 2 years 35 days in case of
Gift (as per Mulki Act Chap 19 Clause 5)
has elapsed
Map of the Plots prepared by Government Survey Department
a) Whether the plots are indicated Yes
b) Whether access is clearly marked on
the map prepared by Government Survey
Department Yes
c) Whether the shape of the land in the
field tally with the map Yes
a) Whether new survey of the land has
been carried out Yes
b) Whether new land Ownership
document has been issued Yes
Permission to Mortgage
a) Permission of the Owner of the
property to mortgage Yes
Right of Property
a) Source from which the property has Not Known
been acquired
b) Is there any claimant to the property Not Known
c) Have all the adults in the family has Not Known
been fully informed that his property is
being mortgaged, whether they also given
their consent for this act
d) Relation between Client and the
Owner of the property Self
f) If mortgaged, has it been released Not Known
General
a) Whether free access to the property is Yes
Available
b) Has whole or part of the land been
notified or acquisition for any other purpose
by the Government or any other statutory
body Not Known
c) Whether the boundary of the property
is clearly defined at the site Yes
d) Whether the property lies within Royal
Palace or any other historic monument
No
On the basis of the land condition and the present transaction considering interview with local
people, the approximate fair market rate of the land under consideration is estimated to
Rs.12,00,000 per anna (Muchulka is attached herewith)
Hence same has been adopted for this valuation. As per guidelines recommended by Tax
Department, Ministry of Finance of Nepal, Government Rate of that land under consideration
has been estimated to be average of Rs. 4,65,000 for Bhitri Pitch Road in Gothatar Area
TABLE - 01-A
Land Area Calculation Sheet as per LALPURJA
Area in
S.No. Plot No. Area(m2) Ropani Anna Paisa Dam
Ropani Anna Sq. ft.
1 212 151.08 0 4 3 0 0.30 4.75 1625.69
Total 0 4 3 0 0.30 4.75 1625.69
TOTAL LAND AREA: 0 Ropani 4 Anna 3 Paisa 0 Dam = 0.296875
Ropani = 4.75 Anna = 1625.6875 Sq. ft.
Land Area Calculation Sheet as per MEASUREMENT
Designatio Sides of the Trangles (in ft.) Area
S=1/2(A+B+
Plot No. nof C)
Remarks
theTriangle A B C in Sq.ft. in Anna
Drawing
124, A 22.41 64.33 58.01 72.38 646.46 1.889 attached
126 B 64.33 56.41 27.58 74.16 776.36 2.268
Total 1422.82 4.16
TOTAL LAND AREA: 0 Ropani 4 Anna 0 Paisa 2.5 Dam
Taking lesser area for valuation purposed.