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Date:2Oth March,2022
Certificate of Relationship

TO WHOM IT MAY CONCERN

This is to certify that Mr. Nejil Joshi

is a permanent resident of Butwal
Sub Metropolitan City ward
No. 9, Rupandehi, Lumbini provi nce,
Nepal. He submitted an appl ication
to this office for the certification
of relationship with his family m embers
respectively.
Therefore, it is certified that the applicant,
Mr. Nejil Joshi has the re lationship with
family members as given below and the following
this certificate is issued for abroad purpose
The photographs and description
only.
below d epict their i
S.N. Name
Relationship
I Mr Joshi
Applicant
2. Ms. Mahesh Joshi
Father
J Mrs. Bina Kumari Shrestha Joshi
4 Mr. Ramesh Kumar Joshi
Uncle
5 Mrs. Sabita Lacoul
Aunt

$l I
Fatner
'SaI,' untllgard unt
NejilJoshi Mahesh Joshi Bina ri Shrestha Joshi Ramesh Kuma Sabita Lacoul

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,}

Phone:
E-mail :- info@butwalmun.gov.np website: www.butwalmun.gov.np
PROPERTY VALUATION REPORT

FIXED ASSETS

Owner:
Mr. Mahesh Joshi
Mrs.Bina Kumari Shrestha Joshi

Client (Applicant)
Mr. Nejil Joshi
Butwal-09, Rupandehi

SUBMITTED BY: -
Vision Engineering Solution
Tilottama Municipality -5,Rupandehi
Contact: 9857051067
Email: visionengsolution @gmail.com
 Date: December 15, 2022

To Whom It May Concern

This Certificate has been issued on the request of applicant. Please find the attached valuation report of the
mentioned property which are based on documents furnished by applicant and prevailing market rate.
APPLICANT :- Mr. Nejil Joshi
ADDRESS :- Butwal-09, Rupandehi

The property consist of Land only.

S. N. Owner's Name Location Plot No. Type of Property

1 Mr. Mahesh Joshi Aanandaban-02, Rupandehi 5977 Land

2 Mrs.Bina Kumari Shrestha Joshi Sainamaina -06, Rupandehi 166 Land

We hereby declare that:

* We have physically, inspected,verified and measured the property.
* We have no direct or indirect interest in the said property or the client.
* We have obtained and verified legal and other related documents.
* The information furnished is true and correct to the best of our knowledge and belief.
Based on our valuation elaborated in the detailed report, we hereby certify that:

Total Market Value of Property 80,010,000.00

Equivalent to EUR $ @ 140.93 567,728.66

In Words: Nepali Rupees Eighty Million Ten Thousand Only, Equivalant to EUR Five Hundred Sixty
Seven Thousand Seven Hundred Twenty Eight & 66/100 Only.
Note:
The Exchange rate on the revalent date @ 1 EUR = 140.93 as of dated 15th December, 2022
All necessary calculations and documents are enclosed herewith for the reference.

Yours Sincerely,

Er. Rupesh Pandey

(Civil Engineer)
NEC Regd. No.8712"A"
 A. DETAILED REPORT ON PROPERTY VALUATION

This report is prepared as requested by the owner. Report shows present value of property after survey, measurement, judgement
and analysis during the date of valuation report submitted. Detail of the report is as follow.

A. General Information:

1 List of Property Evaluated: Land & Building Only

2 Information about Applicant

Name Mr. Nejil Joshi
Passport No. 10983823
Address Butwal-09, Rupandehi
Father's Name Mr. Mahesh Joshi
Mother's Name Mrs.Bina Kumari Shrestha Joshi
Land details as per Lal Purja

Area
S.N Owner's Name Kitta No. Location Rate Amount (NRS)
(Sqm)

Aanandaban-
1 Mr. Mahesh Joshi 5977 169.32 85000 14392200
02, Rupandehi

Mrs.Bina Kumari Shrestha Sainamaina -

2 166 863.51 76000 65626760
Joshi 06, Rupandehi

Total Market value of land (NRs.) 80,018,960.00

Lumsum Deduction 8,960.00

Net Market Value of Property (NRs.) 80,010,000.00

Equivalent to EUR 567,728.66

In Words: Nepali Rupees Eighty Million Ten Thousand Only, Equivalant to EUR Five Hundred Sixty Seven Thousand
Seven Hundred Twenty Eight & 66/100 Only.
F. Method of Valuation
1 The Comparative Method or comparable Market/Sales Method

It is a valuation method in which a value estimate is based upon price paid in actual market transcations and current listings.

Ideally the comparative method should only be used when the properties being compared are similar and in the same area where
there are efficient records of frequent recent transcations and where the market is relatiely stable. No two properties can everbe
identical because of their different locations. In comparing one property with another, this and other differences must be borne in
mind and taken into account.

2 Sales comparision Method

In this method, the sales from transcations of vicinity of land properties are studied and then a fair price for the land is fixed based
on the collected data.

Following Verification, Measurement, Inquiry and observation have been made at site.

● The prevailing market rate of the land is based on recent market rate of the locality at the time of survey by the consultant.The
fair market value of the land is based on 100% of the prevailing market rate

● Measurement of land is done. The least area of the land as per landownership document, cadastral map, survey and approved
drawings is considered for valuation purpose.

● Pattern of growth of the settlement on that area has been observed.

● Utilization of land space has been noted.

● The features and detailing of the land (such as frontage, depth, facing, and other situations) are thoroughly considered while
fixing the price
● An extensive enquiry is also done with the local residents familiar with the transactions of property in the locality to find out the
current purchase value of the land.

● Commercial importance of the area has been observed.

● Socio-economic environment of the locality has been observed.

● Reactions and willingness of the prospective buyers if the land is offered for sale.