TMC Bhatkal License No-BTK/BL/8/2022-23

Reference: PLD/Main Branch/Valuation/31

Date: 22/09/2022

To,
The Branch Manager
Bhatkal Agriculture & Rural Development Co-operative Bank Ltd
Main Branch-581320

VALUATION REPORT
GENERAL DETAILS
1.Name of the Property Owner Mr. Lachmayya Thimmayya Naik.
2.Purpose of Valuation To offer the property as collateral security to the
Bank.
3.Date of Inspection 21/09/2022
4.Date of Valuation 22/09/2022
5.Documents produced Record of Rights.
6.Person’s accompanying available at Property owner.
the site at the time of visit/inspection
7.Location of the property Hobli: Susgadi.
Village: Hadil, Sabathi.
Taluk: Bhatkal(U.K)
8.General Remarks Situated 3.50 Km from Muttali bypass road & 2.50
Km from Katteveera Temple Muttali.
DETAILS OF THE LAND
1.Description of the property Agriculture land, RCC house, Coconut trees,
Arecanut trees & Open Well.
2.Type of the property Agriculture/Residential Purpose.
3. R.Sy. No &Area of the land R.Sy. No -133/5
(00-04-08) (A-G-A) =4.50 Guntas
4. GPS Location 13°58'55.2"N 74°35'21.7"E
5.Boundaries of the plot North: Private Land
South: Private Land
East: Private Land
West: Private Land
6.Road Facility Not Available
7.Character of the locality Lower Class
8.Development of Surrounding areas Under Developed
9.Is the locality subjected to frequent No
flooding
10.Feasibility to the civic amenities like At far distance
school, college, hospital, market, cinema,
offices etc.,
11.Distane from Branch to property 7.0 Km
12.Distane from Property to NH-66 3.50 Km
13. If Property is own or Lease hold? Own
14.General Remarks Under developed Residential/Agricultural locality.
DETAILS OF THE BUILDING
1.Numbers of floors in the Building Ground Floor.
2.Details of tax paid Not Available
3.Year of Construction 2019.
4.Built up area of the Building 1250.00 Sft.
5.Building No. Not Available.
6.Specifications of the Building STRUCTURE:
 Laterite Masonry foundation.
 Laterite Walls for Superstructure.
 RCC Slab for Roof.
PLASTERING:
 Trowel/Sponge finish single coat plastering
for internal & double coat for external areas.

2
 FLOORING:
 Granite flooring.
DOORS, WINDOWS & RAILINGS
 Wooden doors.
 Aluminum sliding windows.
 SS Railings for Sitout.
PAINTING:
 Good quality paint for internal & external
areas.
ELECTRICAL:
 Electrical wiring, switches & fixtures of
good quality.
PLUMBING:
 Plumbing line & Sanitary fixtures of good
quality.
7.Quality of Construction Good
8.Maintainance/Appearance of the Good
Building
9.Total life of Building Estimated Another 60 Years.
10.General Remarks A recently constructed house of good quality.

VALUATION
SUB-REGISTER VALUE:
1. Sub-Register Value of the Land
2. Sub-Register Value of the
House(Considering Economic Life
Depreciation)
3. Basic Value of the Open Well
SUB-REGISTER VALUE OF
THE PROPERTY
4.50 Guntas X Rs.8,250/- = Rs.37,125/-
1250.00 Sft X Rs.1,300/- = Rs.16,25,000/-
Rs.50,000/-
Rs. 17,12,125/-
(Rupees Seventeen Lakh Twelve
Thousand One Hundred Twenty Five
Only)

3
FORCED VALUE:
1. Forced Value of the Land 4.5 Guntas X Rs.50,000/- = Rs.2,25,000/-
2. Forced Value of the 1250.00 Sft X Rs.1,600/- = Rs.20,00,000/-
House(Considering Economic Life
Depreciation)
3. Forced Value of the Open Well Rs.60,000/-
FORCED VALUE OF THE Rs.22,85,000/-
PROPERTY (Rupees Twenty Two Lakh Eighty Five
Thousand Only)
FAIR MARKET VALUE:
1. Fair Market Value of the Land 4.5 Guntas X Rs.60,000/- = Rs.2,70,000/-
2. Fair Market Value of the 1250.00 Sft X Rs.1,800/- = Rs.22,50,000/-
House(Considering Economic Life
Depreciation)
3. Fair Market Value of the Open Well Rs.70,000/-
FAIR MARKET VALUE OF Rs.25,90,000/-
THE PROPERTY (Rupees Twenty Five Lakh Ninety
Thousand Only)

I hereby declare that

 The information furnished above is true and correct to the best of my knowledge and belief,
based on as shown by the party.
 I have no direct or indirect interest in the property valued.
 I have inspected the property personally on 21/09/2022.

Date: 22/09/2022
Place: Bhatkal Signature of the Valuer

4
5
Location Map