The document provides a valuation report for a property called "LATA NIVAS" in Shivaji Peth, Kolhapur. It includes details of the 150 sqm land such as shape and soil type. It also describes the 2008 bungalow's construction materials and specifications. The report values the land at Rs. 45,00,000 and the bungalow at Rs. 30,00,000 using the building and land method. Adding related structures and works, the total property valuation is Rs. 80,00,000. The report concludes the valuation is reasonable given current use of the property.
The document provides a valuation report for a property called "LATA NIVAS" in Shivaji Peth, Kolhapur. It includes details of the 150 sqm land such as shape and soil type. It also describes the 2008 bungalow's construction materials and specifications. The report values the land at Rs. 45,00,000 and the bungalow at Rs. 30,00,000 using the building and land method. Adding related structures and works, the total property valuation is Rs. 80,00,000. The report concludes the valuation is reasonable given current use of the property.
The document provides a valuation report for a property called "LATA NIVAS" in Shivaji Peth, Kolhapur. It includes details of the 150 sqm land such as shape and soil type. It also describes the 2008 bungalow's construction materials and specifications. The report values the land at Rs. 45,00,000 and the bungalow at Rs. 30,00,000 using the building and land method. Adding related structures and works, the total property valuation is Rs. 80,00,000. The report concludes the valuation is reasonable given current use of the property.
The document provides a valuation report for a property called "LATA NIVAS" in Shivaji Peth, Kolhapur. It includes details of the 150 sqm land such as shape and soil type. It also describes the 2008 bungalow's construction materials and specifications. The report values the land at Rs. 45,00,000 and the bungalow at Rs. 30,00,000 using the building and land method. Adding related structures and works, the total property valuation is Rs. 80,00,000. The report concludes the valuation is reasonable given current use of the property.
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VALUATION
REPORT OF IMMOVABLE PROPERTY VALUATION REPORT OF IMMOVABLE PROPERTY :
As per instructions of property owner I inspected the
property hereinafter described for purpose of ascertaining its fair market value as on today . My valuation report thereon is as follows:
1. Name of property : “LATA NIVAS”
2. Location : Shivaji Peth , Kolhapur 3. Name of owner : Shri. DILIP PAWAR 4. Nature of tenure : Bungalow 5. Year of construction : 2008 6.Specification of various item of the structure: a. Type of structure : Framed b. Foundation : U.C.R. masonry in C.M c. Wall of super structure : Brick walls in C.M d. Doors :T.W. frames with paneled e. Windows : Aluminium sliding windows f. Cupboards : Plywood g. Stairs : R.C.C h. Floors : Ceramic tiles i. Roof : R.C.C slab j. Terrace : R.C.C. slab k. Internal finish : Wall plaster finish with distemper l. External finish : Sand faced cement plaster with cement colour m. Electrical fittings : C.T.S wiring with concealed system n. Plumbing : P.V.C. pipe and municipal water o. Sanitation : W.C , W.B provided p. Present use condition : One part of bungalow self occupied and classification of the & other by students on rental basis. building 7. DISCRIPTION OF THE LAND a. Total area of land : 150 sq. m. b. Shape of land : Rectangular c. Nature of soil : murrum d. Road width abutting the land : North - 9 m. wide road e. Whether street lighting is : Yes provided f. Whether Roads are constructed : No g. Whether Filter water main is : Yes provided h. Whether drainage is provided : Yes i. Whether telephone line is : No provided j. Whether amenities are nearby : Yes in close vicinity 8. VALUATION OF PROPERTY BY BUILDING AND LAND METHOD : A. Valuation of land a. Total area of land :1500 sq. feet b. Rate of land on the date :RS. 3000/ sq. feet of valuation valuation of land only :RS. 45,00,000………………(A) B. Valuation of main bungalow Ground floor Only a. Total built up area :100 sq. m. b. Rate of cost of reproduction :RS. 1,50,000 as on date of valuation c. Total underappreciated cost of :90 to 95 lacks reproduction d. Life of structure as on date :10 years of valuation e. Future life of structure :50 years f. Percentage rate of description :75% g. Total amount of depreciation :RS. 40,00,000 h. Total depreciated cost of reproduction :RS. 30,00,000 valuation of this part of structure only :RS. 30,00,000………….(B) C. Valuation of other works and construction a. Valuation of compound : RS. 60,000 fencing and gate b. Valuation of garage, store and :RS. 12,000 wash place. c. Valuation of paving , bore :RS. 8,000 with pump and garden RS. 80,000………….(C) Hence valuation of property by building : and land method adding (A) to (C) A.45,00,000 B.30,00,000 C.80,000 TOTAL: RS. 80,00,000 9. GENERAL REMARK AND CONCLUSION : The property is self occupied for residence. The 1st floor of building is used by students on rental basis. The valuation worked out by building and land method above is reasonable, just and fair. SAMARTHA TALKIES, SATARA
• LAND : 1 . Land area details : 513.8 sqm 2. Roads : 24 m wide road south 3. Shape : rectangular 4. Nature of soil : black cotton & Hard murrum at 9-11 feet 5. Situation : Radhika road , Satara 6.Amenities Available : Drainage , Electricity. 7. Nature of tenure :Free Hold 8.Restrictive covenants : no 9. Easememts :no
