Pre Valuation Report

1 Detail of Client
Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Chitwan
2 Detail of Property Owner
Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Mr. Raj Sedai
3 Plot No
Kitta No. : 125
Sheet No : 102114605
Dilibazzar Municipality Ward No. 31 (Current Ward No. 10) ,
4 Location of The Property :
Milan Chowk, Kathmandu
District : Kathmandu
5 Total Area of the land
According to (R-A-P-D) (Square Feet) (Anna)
Lalpurja : 0-5-1-2.5 1849.64 5.40
Measurement : 0-5-1-2.2 1844.97 5.39
Deduction for ROW : 0 27.40 0.08
Consideration : 0-5-1-1 1817.57 5.31
6 Rate of the Land (Per Anna)
Market Rate : NRs. 6,000,000.00
Land Revenue Office : NRs. 2,200,000.00
Fair Market Rate : NRs. 4,860,000.00
7 Total Value of Land
Commercial Value : NRs 31,863,900.66
Fair Market Value : NRs 25,809,759.53
:
8 Total Value of Building
Area Rate : Amount
G.F 1118.71 1800 : NRs 2,013,678.00
F.F 1159.53 1800 : NRs 2,087,154.00
T.F 496.12 1800 : NRs 893,016.00
Total Value of Building : NRs 4,993,848.00
Electricity@ 10% NRs 499,384.80
Sanitary & plumbing @ 10% NRs 499,384.80
Total value 5,992,617.60

9 Total Value of Property Land & Building

Fair Market Value of Property is NRs. NRs 31,802,000.00
In word: Three Crore Eighteen Lakhs & Two Thousand Rupees Only/-

10 Note:- This Pre report is only for banking process, not for loan dispersement. Our consultant will not
be responsible if loan is disperse without final valuation report.

#NAME? Rastriya Banijya Bank Ltd. Date:-

### #NAME? Baneshwor Branch 0
Anamanagar-32,Ktm,Tel 01-5201339 Kathmandu,Nepal

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Rastriya Banijya Bank Ltd.
Baneshwor Branch
Kathmandu,Nepal

PROPERTY VALUATION REPORT

(LAND & BUILDING)

CLIENT:
Mr. Ram Sedai
Gardi Municipality Ward No. 8, Chitwan
Chitwan

OWNER:
Mr. Ram Sedai
Gardi Municipality Ward No. 8, Chitwan
Chitwan

LOCATION OF PROPERTY :
Dilibazzar Municipality Ward No. 31 (Current Ward No. 10) , Milan
Chowk, Kathmandu
Kathmandu

Page 2 of 19
To, Date:-
Rastriya Banijya Bank Ltd.
Baneshwor Branch

Preliminary Valuation Report

Dear Sir/Madam
We have carried out the preliminary valuation of the property proposed to be mortgaged to this bank.
All required legal papers and calculation are attached herewith for your reference. We have taken all
care to ascertain the distress value of the properties as per current Market rate.

Client Name & Adress:- : Mr. Ram Sedai

: Gardi Municipality Ward No. 8, Chitwan
: Chitwan

Property Owner Name/Adress:- : Mr. Ram Sedai

: Gardi Municipality Ward No. 8, Chitwan
: Chitwan

Location of the Property : Dilibazzar Municipality Ward No. 31 (Current Ward

No. 10) , Milan Chowk, Kathmandu
District : Kathmandu
Kitta no : - : 125
Area Considered for Valuation : 0-5-1-1 5.31 (Anna)

It is our consideration opinion that the distress/fair value of the above mentioned land & building are as follows.
Fair Market/Distress Value of
In word: Three Crore Eighteen Lakhs & Two
the Property 31,802,000
Thousand Rupees Only/-
NRs

I hereby declare and certify that:-

1 We have has physically inspected, verified and measured the property.

2 We have no direct and indirect interest in the said property.
3 The information furnished in the report are true and correct to the best of knowledge and belief which are based
on the document and information collected from the client and resident during our visit.
4 The market condition may change in course of time affecting the values.
5 As per bank instruction distress value is considered as fair market value.
6 The building is currently under constructed at the proposed site
………………………….

(Managing Director)

Page 3 of 19
 TABLE OF CONTENT

S.N. Page No.

Summary of the valuation report 5
PART 1- Valuation Report of Land
1 Detail of Client…………………………………………………………… 6
2 Detail of Property Owner……………………………………………… 6
3 Relation between client and property owner……………………………… 6
4 Location of the property to be mortgaged…………………………… 6
5 Area of the land as per Lalpurja…………………………………… 6
6 Area of the land as actual measurement………………………………… 6
7 Total area of land…………………………………………………….. 7
8 Permanent of the Boundaries…………………………………………… 7
9 Importance of location…………………………………………………. 7
10 Location and Access to the Land………………………………………… 7
11 Value of Land………………………………………………………………… 7
12 Calculation of land value……………………………………………… 8

PART‌II: Valuation Report of Building

1 Legal Aspect of the Building…………………………………… 8
2 Facilities Available within the premises………………………… 8
3 Plinth Area of the Building………………………………………………… 8
4 Structural System………………………………………………………… 9
5 Inner wall, wall finishing and Ceiling surface………………… 9
6 Floor finishing……………………………………………………………… 9
7 Floor & Roofing…………………………………………………………… 9
8 Door, Window, Ventilation, Staircase…………………………… 9
9 Sanitary and water supply system……………………………………… 9
10 Coloring and painting…………………………………………………… 9
12 Calculation of Building value………………………………………… 9
13 Straight Line Method Of Depreciation……………………………………… 10
14 Total Present value of the Building……………………………… 10
Total Fairmarket and Distress Value of property…………………… 10
15 Conclusion……………………………………………………………….. 10

ANNEX-A : PHOTOGRAPH AND DRAWING

ANNEX-B :OFFICIAL DOCUMENTS

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 Valuation of
(Land & Building)

SUMMARY OF THE VALUATION REPORT

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 1 Detail of Client
Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Chitwan
Contact No: 9851010944
2 Detail of Property Owner
Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Mr. Raj Sedai
3 Plot No
Kitta No. : 125
Sheet No : 102114605
4 Location of The Property : Dilibazzar Municipality Ward No. 31 (Current Ward No.
10) , Milan Chowk, Kathmandu
District : Kathmandu
5 Total Area of the land
According to (R-A-P-D) (Sq. Ft) (Anna)
Lalpurja : 0-5-1-2.5 1849.64 5.40
Measurement : 0-5-1-2.2 1844.97 5.39
Deduction for ROW : 0 27.40 0.08
Consideration : 0-5-1-1 1817.57 5.31
6 Rate of the Land (Per Anna)
Market Rate NRs. 6,000,000.00
Land Revenue Office : NRs. 2,200,000.00
Fair Market Rate : NRs. 4,860,000.00
7 Total Value of Land
Commercial Value : NRs 31,863,900.66
FMV/Distress Market Value : NRs 25,809,759.53

8 Total Value of Building

Item Area( sq.ft) Rate(NRs) Value of Building (NRs)
Main Building Ground,
2774.36 1800 4993848.00
First and Top Floor
Total Area 2774.36 1800 4,993,848.00
Electricity @ 10% 499,384.80
Sanitary & plumbing @ 10% 499,384.80
Total value 5,992,617.60

Value of Building : Nrs 5,992,617.60

9 Road size : 26'8"

10 Age of building : The Building is underconstruction

11 Total Value of Property Land & Building

Fair /Distress Market Value NRs 31,802,000.00

In word: Three Crore Eighteen Lakhs & Two Thousand Rupees Only/-

Valuation of land

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 1 DETAIL OF CLIENT:
Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Chitwan
Father's Name : Mr. Raj Sedai
Grand Father's Name : Mr. Bir Sedai
Citizenship No. : 3456
Issue Date : 4/9/2036

2.1 DETAILS OF THE PROPERTY OWNER:

Name : Mr. Ram Sedai
Address : Gardi Municipality Ward No. 8, Chitwan
District : Chitwan
Father's Name : Mr. Raj Sedai
Grand Father's Name : Mr. Bir Sedai
Citizenship No. : 3456
Issue Date : 4/9/2036

3 RELATION BETWEEN CLIENT & PROPERTY OWNER: Own

4 LOCATION OF THE PROPERTY TO BE MORTGAGED

Kitta No (Plot No) : 125
Sheet No : 102114605
Local Authority : Dilibazzar Municipality Ward No. 31 (Current Ward No.
10) , Milan Chowk, Kathmandu

District : Kathmandu

5 AREA OF LAND AS PER LALPURJA

As per the copy of land Ownership certificate issued by ministry of land Department of land revenue, NG,
area of the parcel (kitta) No is .:- 125
Area of Land in Area of Area of the
Area of Land
S.N. Kitta No the Land Land in
in sqM (Ropani –Anna- Paisa-Dam)
in Sq.ft Anna
1 125 171.90 0-5-1-2.5 1849.64 5.40
Total Area 171.90 0-5-1-2.5 1849.64 5.40

6 AREA OF LAND BASED ON ACTUAL MEASURMENT

Shape of the land approximately matches with shape in the cadastral Map. & actual Measurement is taken as
By tape in the site, Also, According to the legal document & drawing given by the clients, is to be considerd for
Total area of the land 1844.97 sq. ft

7 TOTAL AREA OF LAND :

R-A-P-D Sq Ft Anna
As per Lalpurja : 0-5-1-2.5 1849.64 5.40
Actual measurment : 0-5-1-2.2 1844.97 5.39
Deduction for ROW 27.40 0.08
Consideration : 0-5-1-1 1817.57 5.31

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 8 A) PERMANENT OF THE BOUNDARIES: As per the four Boundaries letter issued by ward No.
Dilibazzar Municipality Ward No. 31 (Current Ward No. 10) , Milan Chowk, Kathmandu
East : Access
West : Plot no. 390
North : Access
South : Plot no. 393
East : 20' wide Black -top road
9 IMPORTANCE OF LOCATION:
A) Accessibility with
Road size as per site visit : 26'8"
: 26'8"
Road size in future
River : River is not seen
High tension line : No high-tension Line
B) Availability of Public Facilities: :
Telephone : Yes
Sewerage : Yes
Electricity : Yes
Water supply : Yes
Type of Region : Residential
:
10 LOCATION & ACCESS OF THE LAND: 20 feet wide blacktop road is attached with the concern plot at
its east and north which link to kapan road about 200 m away
and ring road about 1 km away from the site.
11 VALUE OF LAND:

A) GOVERNMENT RATE OF LAND : (IN NRs.)

Rate per sq. ft Rate per Anna Rate per Ropani
6428.05 2,200,000.00 35,200,000.00

B) MARKET RATE OF LAND: (IN NRs.)

Rate per sq. ft Rate per Anna Rate per Ropani
17531.04 6,000,000.00 96,000,000.00

C) RATE ADOPTED LAND : (IN NRs.)

Rate per sq. ft Rate per Anna Rate per Ropani
14200.15 4,860,000.00 77,760,000.00

Note: Average rate adopted for land = 30% of government rate + 70% of market rate

Commercial Value of Land

Commercial value of land is market price of that locality. So by interview and inquiry with inhabitans of that
locality. The value of land varies from NRs. 55,00,000.00 to 65,00, 000.00 per Anna. Based on prevaling
facilities ,size of the land and the location of the land market price of the land under consideration are taken as Nrs
6,000,000.00 per Anna.

Distress Value of Land

Due to its location, size, access and the prevailing facilities the distress coefficient is taken to calculate
the distress Value of property .

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12 CALCULATION OF LAND VALUE
A Commercial Value of the Land

Land Type Area in

(R-A-P-D) Anna Commercial Rate/ Anna (NRs) Commercial Value (NRs)
0-5-1-1 5.31 6,000,000.00 31,863,900.66
Total Commercial Value of Land 31,863,900.66

B Fair Market Value of the Land

Land Type Area in

(R-A-P-D) Anna Fair Market Rate /Anna (NRs) Fair Market Value (NRs)
0-5-1-1 5.31 4,860,000.00 25,809,759.53
Total Fair Market Value of Land 25,809,759.53

VALUATION OF BUILDING
3 Plinth Area of the Building

Detail dimension and plinth area of the proposed building is shown in the attached drawing and as per the
building completion certificate. Following are the main dimension, floor area and the plinth area of the
proposed building.

Floor Floor Area in Sqft

Ground Floor 1118.71
First Floor 1159.53
Top Floor 496.12
Total 2774.36

11 CALCULATION OF BUILDING VALUE

Value of
Item Area( sq.ft) Rate(NRs) Building( NRs)
Main Building Ground,
2774.36 1800 4993848
First and Top Floor
Total Area 2774.36 1800 4,993,848.00
Electricity@ 10% 499,384.80
Sanitary & plumbing @ 10% 499,384.80
Total value 5,992,617.60

12 “Straight Line Method “of the depreciation has been adapted to calculate the building depreciation.

Total Value of Building Depreciation ( Col B) Present Value of Building

Col (A) 0 Col(C ) = (A-B)
5,992,617.60 0.00 5,992,617.60
Total present Value of the Building Rs. 5,992,617.60

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13 TOTAL PRESENT VALUE OF BUILDING
Total Value of the Building is Rs. 5,992,617.6
Total Commercial Value of the Building with depreciation Rs. 5,992,617.6
Depreciation of Building Rs. 0.00
Value of Building with depreciation value. Rs. 5,992,617.6

14 TOTAL FAIR MARKET & DISTRESS VALUE OF THE PROPERTY

A)Fair Market Value
Value of Land NRS. 25,809,759.53
Building Value NRS. 5,992,617.60
Total Fair Market Value of Property NRS. 31,802,377.13
Say NRS. 31,802,000.00

Hence,

Fair Market Value of Property is NRs. 31,802,000.00

In word: Three Crore Eighteen Lakhs & Two Thousand Rupees Only/-

15 CONCLUSION:
In our opinion this property may be taken as mortgage considering the distress aspect value recommended in the
valuation certificate.

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PHOTOGRAPH & DRAWING

LIST OF ATTACHED DOCUMENTS

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S.N Document Name Attached
1 Land Ownership Document ……………………………………… Yes

2 Land Revenue…………………………………………………… Yes

3 Map of plot prepared by Survey Dept…………………………… Yes

4 Citizenship of Owner of property……………………………… Yes

5 Citizenship of Client………………………………………… Yes

6 Approved Drawing of Building……………………………… Yes

7 Char Killa Approval Letter………………………………… Yes

8 Location Plan……………………………………………………… Yes

9 Site Plan…………………………………………………………… Yes

10 Photographs……………………………………………………… Yes

11 Tress Paper Prepared by Survey Dept……………………… Yes

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……………….

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: Ward No:-29,KMC-Samakhusi

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as Nrs

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