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    I. General Details

    Uploaded by

    rajubansal
    The document provides valuation details for 32 kanal and 12 marla of agricultural land located in Parasrampur, Jalandhar, Punjab. The land is jointly owned equally by Mr. Bhajan Singh and Mr. Gurdev Singh. The land consists of 22 kanal and 0 marla situated on a link road and 10 kanal and 12 marla about 200m from the link road. Based on local inquiries and a recent sale, the 1982 rates were estimated to be Rs. 500/marla for the interior portion and Rs. 800/marla for the portion on the link road. Applying the cost inflation index, the indexed value of the property as of April 1, 2013 is estimated to be Rs.

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    I. General Details

    Uploaded by

    rajubansal
    46 views3 pages
    The document provides valuation details for 32 kanal and 12 marla of agricultural land located in Parasrampur, Jalandhar, Punjab. The land is jointly owned equally by Mr. Bhajan Singh and Mr. Gurdev Singh. The land consists of 22 kanal and 0 marla situated on a link road and 10 kanal and 12 marla about 200m from the link road. Based on local inquiries and a recent sale, the 1982 rates were estimated to be Rs. 500/marla for the interior portion and Rs. 800/marla for the portion on the link road. Applying the cost inflation index, the indexed value of the property as of April 1, 2013 is estimated to be Rs.

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    The document provides valuation details for 32 kanal and 12 marla of agricultural land located in Parasrampur, Jalandhar, Punjab. The land is jointly owned equally by Mr. Bhajan Singh and Mr. Gurdev Singh. The land consists of 22 kanal and 0 marla situated on a link road and 10 kanal and 12 marla about 200m from the link road. Based on local inquiries and a recent sale, the 1982 rates were estimated to be Rs. 500/marla for the interior portion and Rs. 800/marla for the portion on the link road. Applying the cost inflation index, the indexed value of the property as of April 1, 2013 is estimated to be Rs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    46 views3 pages

    I. General Details

    Uploaded by

    rajubansal
    The document provides valuation details for 32 kanal and 12 marla of agricultural land located in Parasrampur, Jalandhar, Punjab. The land is jointly owned equally by Mr. Bhajan Singh and Mr. Gurdev Singh. The land consists of 22 kanal and 0 marla situated on a link road and 10 kanal and 12 marla about 200m from the link road. Based on local inquiries and a recent sale, the 1982 rates were estimated to be Rs. 500/marla for the interior portion and Rs. 800/marla for the portion on the link road. Applying the cost inflation index, the indexed value of the property as of April 1, 2013 is estimated to be Rs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    I.

    GENERAL DETAILS
    1) Name & Address of the reported owners : Mr. Bhajan Singh
    S/O.Late Mr. Dhanna Singh
    R/O.. #18, Rosedene Drive
    Handsworth wood, Birmingham,
    England & Mr. Gurdev Singh
    S/O. Late Mr. Dhanna Singh
    R/O. IIPL SW Bothell WA98012
    2) Purpose for which this valuation is made
    : Capital Gain Purposes
    3) Date as on which this valuation is made
    : 19.12.2012
    4) Brief Description of the property
    : Agricultural Land
    5) Location, Street, Ward No.
    : Village: Parasrampur, Tehsil
    & District: Jalandhar
    6) Survey/Plot No. of Land
    : 115, 119, 26/12, 13/1, 18, 19,
    22/3/23, 59/1/17, 21//11/2/2,
    25//4/2, 5/2, 6,
    1/2, 26//8/2/2, 9/2/2, 26//16/3/1
    7) Is the property under joint ownership/
    Co-ownership, share of each owner
    Are the shares undivided

    : Yes, Equal

    8. Total Area of Land

    : (32K-12m) of Agricultural Land

    7. Nature & Type of Soil

    : Fertile

    8 .Irrigation Sources Available

    : Yes

    9. Ground Water Potential

    : Good

    10. Details of Assets Such as machinery etc.

    : Nil

    11. Details of Building

    : Nil.

    12. Availability of Electricity etc.

    : N.A.

    13. Present crop Pattern: Two Crops are grown one each during Kharif & Rabi
    Season.
    14. Condition of Standing Crop
    15 .Details of Trees :

    : Good

    i)

    No. of Trees

    : Nil

    ii)

    Fruits available

    : Nil

    iii)

    Seasonal or through out the Year;

    : N.A.

    iv)

    Average Quantity of Fruit per Tree

    : N.A.

    v)

    Total

    : Nil

    18. Details of Water Logging

    : Nil

    19. Details of Fence around the Farm

    : Nil

    20. Transmission Line Tower if Passing


    Through the farm
    21. Details of development like a Compound Wall

    : Nil
    : Nil

    internal & Approach Road


    22. Location of land , its accessibility nearness to the : 22kanal-0Marla on Link road
    National/District/Village Road, facility for

    road, & remaining 10Kanal-

    Transportation, Proximity to Market

    12 Marla about 200m from


    link road

    VALUATION DETAILS

    1. Basis of present Valuation: The Land & Building Method was adopted
    for valuation. The enquiries made from sub
    registrars office Jalandhar reveals that a property near the 10Kanal -12
    marla portion was sold @ Rs.500/ Marla.
    Hence the rate of 10 Kanal-12 Marla portion is adopted as Rs.500/
    marla for the year 1982.
    Considering the fact that remaining 22 kanals are situated on link road,
    & others advantages the rate adopted for the year1982 for this portion is
    Rs.800/ marla
    2. Basis for adopted rates: As per inquiries from local Property Dealers &
    the residents & from Sub registrar office
    Jalandhar.
    S.
    No,
    1.
    2.

    Year

    Description of Work

    1982
    1982

    Land 10Kanal-12 Marla


    Land 22Kanal-0 Marla

    Quantit
    y
    212
    440

    Rate(Rs.)
    Rs.500
    Rs.800
    Total

    Per
    Marla
    Marla

    Amount (Rs.)
    1, 06, 000/
    3, 52, 000/
    4, 58, 000/

    Cost inflation index for 1982-83=109


    Cost inflation index for 2013-13=852

    852

    Hence indexed value of the property as on 01.04.1981 = 109


    458000= Rs.35, 79, 963/
    Say Rs.35, 80, 000/
    Based on the information furnished to me, detailed inspection at site, detailed local enquiries
    & taking into consideration such important features as the location of the land, its potential
    for marketability, present market trends etc. I am of the considered opinion that the indexed
    value of the property as on 01.04.1981 is Rs.35, 80, 000/ Rupees thirty five lac eighty
    thousand only.

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