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Gandaki Bikas Bank Ltd. Sub: Preliminary Report For Valuation of The Properties

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The Branch Manager,

Gandaki Bikas Bank Ltd.


Hetauda, Makawanpur
Sub: Preliminary report for Valuation of the properties
Dear Sir,
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 mortgaged to the bank by:

CLIENT M/s A.P.F. Trade and Suppliers


ADDRESS Hetauda Sub Metropolis Ward No.17, Makwanpur District
Type of Property Land & Building
OWNER Mr. Prem Bahadur Waiba

Area as per Area measured at


Owner Kita No. Location Considered Area Remark
Lalpurja site(ROW)
3712 0 - 0 - 15 0 - 0 - 2.75 0 - 0 - 2.75 Land & Building
Mr. Prem Hetauda Sub
Bahadur 3717 Metropolis Ward 0-2-5 0-2-5 0-2-5 Land & Building
Waiba No.17, Makawanpur
6079 0-6-5 0-6-0 0-6-0 Land

We hereby declare that:


1. We have carried out valuation work in confirmity with the standards set forth in our Agreement with Bank.
2. We have physically inspected, verified and measured the property on 30th May, 2019
3. We have no direct or indirect interest in the said property or the client.
4. We have obtaibned and verified legal and other related documents.
5. The information furnished is true and correct to the best of our knowledge and belief.
6. We understand that the bank may inspect the property and reserves the right to accept or reject this valuation
report.
This is the preliminary valuation of the property and the related documents will be submitted later.

Based on our valuation elaborated in the calculation sheet, we hereby certify that
Commercial Value 19,020,000.00
Fair Market Value 14,910,000.00
Distress Value 11,930,000.00
Thanking and looking forward for your kind cooperation
Yours Sincerely,

Er.Asgar Ansari
Manager
NEC-14352 'Civil' 'A'

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