Saturday, December 26, 2020

Model Valuation Report format

 


                                                                   ANNEXURE-XIV



                                                                                                 Format-A


JOB NO.    

TO,  

STATE BANK OF INDIA 

BRANCH: …………………..

VALUATION REPORT(IN RESPECT OF ………………………………………………..)

(To be filled in by the Approved Valuer)


I GENERAL

1 Purpose for which the valuation is made

2 a) Date of Inspection

b) Date on which the valuation is made

3

List of documents produced for  perusal

i)Deed ....................

ii)Porcha

iii) Conversion Certificate ...................

4 a)Name of the Owner and his/their address(es) with Phone no (details of share of each owner in case of joint ownership)

5 Brief description of the property(including Leasehold/freehold etc)


6 Location of property: 

a) Plot No/Survey No

b) Door No

c) T.S. No/Village

d) Ward/Taluka

e) Mandal/District

7 Postal address of the property

8

City/Town

Residential area

Commercial area

Industrial area

9 Classification of the area

i) High/Middle/Poor

ii) Urban/SemiUrban/Rural

10 Coming under Corporation Panchayat/Municipality

11 Whether covered under any State/CentralGovt. Enactments (e.g Urban land Ceiling Act) or notified under agency area/Schedule area/cantonment area

12 In case it is an agricultural land, any conversion to house site plots is contemplated

13 Boundaries of the property

(As per Deed ) (As per Physical Inspection)

North

South :

East

West

14 Dimension of the Site

A B

As per Deed Actual. 

North

South

East

West

b Latitude. Longitude and Coordinates of the site

15 Extent of the site As per Documents

Plot No Khatian/Khata No Land area

in Decimal Present Category Previous  Category

Total

16 Extent of the site considered for valuation (least of 14 A & 14 B)


17 Whether occupied by owner/tenant? If occupied by tenant, since how long? Rent received per month.


II CHARACTERISTICS OF THE SITE:

1 Classification of Locality

2 Development of Surrounding areas

3 Possibility of frequent flooding/Sub merging

4 Feasibility to the Civic amenities like school,Hospital, bus stop, market etc

5 Level of land with topographical conditions

6 Shape of land   :

7 Type of use to which it can be put   :

8 Any usage restriction

9 Is plot in town planning approved layout?


10 Corner plot or intermittent plot?

11 Road facilities

12 Type of road available at present

13 Width of road –is it below 20ft or more than 20ft

14   Is it a land-locked land?

15 Water potentially

16 Underground sewerage system

17 Is power supply available at the site?

18 Advantage of the site

1 Overview Of    

place

2 Structure of    Place

19 Special remarks, if any like threat of acquisition of land for public service purposes, road widening or applicability of CRZ provision etc.(Distance from sea-coast/tidal level must be incorporated)

1 land acquisition

2 Sea- coast


Part-A(Valuation of land):Market approach Method (Direct comparison)



1 Size of plot

North & South

East & West

2 Total extent of the plot

3





Prevailing  market land (Along with details /reference of at least two latest deals /transaction with respect to adjacent properties in the areas)

4 Guideline rate obtained from the Registrar’s Office (an evidence thereof to be enclosed)

Guideline Rate obtained from Registrar’s office/State Govt. Gazette/ Income Tax Notification/Other Net-Work services:-



Web Site

W.B. Govt

Magick bricks.com

99Acres.com


5 Assessed /adopted rate of Valuation

6 Estimated value of land

Part-B(Valuation of Building ):


Technical details of the building




1 a) Type of Building -(Residential/Commercial/Industrial)

b) Type of construction (Load bearing /RCC/Steel Framed)

c) Year of construction

d) Number of Floors and height of each floor including basement if any.

e) Plinth area floor wise

f) Condition of the building

i) Exterior-Excellent,Good,Normal,Poor

ii) Interior-Excellent,Good,Normal,Poor

g) Date of issue and validity of layout of approved map/plan

h) Approved map/plan issuing authority

i) Whether genuineness or authenticity of approved map/plan is verified

j) Any other comments by our empanelled valuers on authentic of approved plan

Specification of construction (floor-wise) in respect of each floor:  


Description

1 Foundation

2 Basement

3 Superstructure

4

Joinery/Doors& windows (Please furnish details about size of frames, Shutters, glazing, fitting etc. and specify the species of timber.

5 RCC works

6 Plastering

7 Flooring ,Skirting, Dadoing

8 Special finish as marble, granite, wooden paneling grills etc.

9 Roofing including weather proof course

10 Drainage

Description


1 Compound wall

Height

Length

2 Type of construction

3



Electrical installation

Type of wiring

Class of fittings Superior/Ordinary/Poor

Number of light points

Fan points

Spare plug points

Any other item





4 Plumbing installation

a) No. of water closets and their type

b) No. of wash basins

c) No of urinals

d) No of bath tubs

e) Water meter, taps etc

f) Any other fixtures

1

Part C-(Extra items)                                                                            (Amounts in Rs.)

1 Portico

2

Ornamental front door

3 Sit out/Verandah with Steel grills

4 Overhead water tank

5 Extra steel /Collapsible gates

Total

Part D-(Amenities)                                                                                                                                                             (Amounts in Rs.)

1 Wardrobes-,

2 Glazed Tiles

3 Extra sinks and Bath Tub

4 Marble /Ceramic tiles flooring

5 Interior decorations

6 Architectural elevation works

7 Paneling works

8 Aluminum works

9 Aluminum hand rails

10 False Ceiling

Total

Part E-(Miscellaneous)                                                                                                                                                   (Amounts in Rs.)



 (Amounts in Rs.)                                                                                    








1 Separate toilet room

2 Separate lumber room

3 Separate water tank/sump

4 Trees, gardening


Total

Part F-(Services)                                                                                                                                                             (Amounts in Rs.)


1 Water supply arrangements

2 Drainage arrangements

3 Compound wall

4 C.B. deposits, fittings , M.S. gate etc

5 Pavement/Pathways

Total


Total abstract of the entire property

Part A Land

Part B Building

Part C Extra items

Part D Amenities

Part E Miscellaneous

Part F Services

Total


Valuation: Here the approved valuer should discuss in detail his approach (Market Approach,Income approach and cost Approach) to be valuation of property and indicate how the value has been arrived at, supported by necessary calculations. Also, such aspects as i) Sale ability ii) Likely rental values in future in iii) Any likely incomes it may generate ,may be discussed). 

Photograph of owner/representative with property in background to be enclosed.

Screen shot of longitude/latitude and co-ordinates of property using GPS/Various Apps/Internet



Therefore Various value arrived as on the date of our Valuation are as follws:

Various value Total land & Building

Fair Market value

Realizable value

Distress value

Insurance value


As a result of my appraisal and analysis, it is my considered opinion that the realizable  value of the above property in the prevailing condition with aforesaid specifications is Rs. ……………………….

 (Rupees …………………………………………………………………………….. only)


Place: …………………………..

Date: ………………………………………………………….


(………………………………………..)

                                                                                            …………………………

(Name and Official seal of the Approved Valuer)





The undersigned has inspected the property detailed in the Valuation Report dated ----------------------on --------------. We are satisfied that the fair and reasonable market value of the property is Rs------------------------- (Rs----------------------------------------only)



Date:                                                                                                                                 Signature

                                                                                                                  (Name of the Branch Manager with official seal)


Encl        i).Declaration Cum undertaking from the valuer

              ii).Google Map     





 



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