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Individual Technical Report
Individual Technical Report
CONTACT DETAILS
PROPERTY ADDRESS
Project Name : Property Type : Commercial
Property Address Shop No 1-2-91 Station Road Bhongir, Bhongir Town And Mandal Location : Bhongir(Ho)
, Yadadribhongir District Telangana
City : Nalgonda Pin Code 508116
Legal Address : Shop No 1 2 91 Station Road Bhongir Town And Mandal State : Telangana Country India
Yadadribhongir District Telangana
Nearby Market Yard Gunj
PROPERTY DETAILS
UNIT DETAILS
Details No. of Rooms No. of Kitchens No of Bathrooms Usages & Remark
First Floor
Second Floor
Other1
Other2
Ground Floor 1 SHOP
VALUATION
Description Area in Sq.Ft Rate/Sq.Ft Amount (R)
Landarea 733 7777 5700541
Other 1 1 0 0
Other 2 1 0 0
TOTAL 5799391
Round off Total 5799000
Violations observed (if any) 1 Permission Plan Not Submitted 2 Setbacks Are Completely Comprised However Valuation Is Released As The
Subject Property Does Not Exceeds Beyond Once Boundary
Remarks: Valuation Is Based On Previous Report Vide Request Id Req 19 270518 Dated 26 Jun 2019 And Previous Remarks Are
1 Case Type Ribg Commercial 2 Subject Property Is A Commercial Shop With Bua Of733 Sft In A Land Extent Of 81 5
Sq Yds 3 As On Date Of Visit Tenant Was Occupied Andusing For Commercial Purposes 4 Submitted A Copy Of Sale
Deed Doc No 11283 07 Infavour Of Gaddam Narender Dated 07 Nov 2007 5 Submitted A Copy Of Property Taxreceipt
For Shop No 1 2 91 6 Purpose Of Visit Was Informed To The Customer Prior To Visit
Completion Status : Constructed
Entered By : Vaddepalli Murali Entered On : 09-Jan-2022
Approver Name : Pradeep Poloju Approver ID : 483441
Approver Designation : Technical Manager
Recommended by:
Recommender’s Comment :
REQUEST DETAILS
Request Code Request Date Parent Product Product
REQ-22-6780 05-Jan-2022 RESALE RIBG-OTHERS
REQ-19-270518 25-Jun-2019 RESALE RIBG-COMMERCIAL
REQ-18-18927 17-Jan-2018 RESALE RIBG-COMMERCIAL
11283/2007
11283/2007
11283/2007
Disclaimer:
The assessment is based on prevailing market dynamics as on the date of appraisal and does not take into account any unforeseeable developments
which could impact the same in the future.
Further, we are not engaged to carry out all possible investigations in relation to the subject property. In our report we identify certain limitations to our
investigations to enable the reliant party to instruct further investigations where the same is appropriate or deemed as necessary by us prior to reliance.
Mortgage Valuation Group ("MVG") team shall not be held liable for any loss occasioned by a decision not to conduct further investigations.
This assessment is based on the information provided by the business group. The same is assumed to be correct and is used for appraisal exercise. Where
another party has provided information to MVG and the same has been mentioned in the report, the information is believed to be reliable and MVG shall
accept no responsibility if it is proven wrong. It is also notified hereby that property of the customer is visited and inspected by ICICI Bank Limited ("Bank")
or its appointed Service Provider. The assessment shall be done basis the documents and identification marks provided by the customer or their
professional advisor or any other party on their behalf and the Bank will not be held liable for any modification or misrepresentation in the property
documents provided. The customer indemnifies Bank from any change or misrepresentation of the property document submitted for the property for which
valuation is carried out.
For the purpose of this assessment, it is assumed that the subject property has a clear title and is free from any encumbrances, disputes and claims. MVG
has made no further enquiries with the relevant local authorities in this regard and does not certify the property as having a clear and marketable title.
Further, no legal advice regarding the title and ownership of the subject property has been obtained for the purpose of this exercise.
MVG has assumed that the subject property is neither contaminated nor is adversely affected by any existing or proposed applicable laws including
environmental law. Further MVG has assumed that all processes carried out on the property are in accordance with the applicable laws, proper licenses
have been obtained from appropriate authorities and structural stability of the building construction is complied with as per applicable statutory norms.
In the absence of any information to the contrary, MVG has assumed that there are no ground conditions which might affect the current or future
occupation, development or value of the said property. The property is free from rot, infestation, structural or latent defect. No currently known deleterious
or hazardous materials or suspect techniques will be used in the construction of or subsequent alterations or additions to the property.
MVG has not made any allowances with respect to any existing or proposed local legislation related to taxation on realization of the sale value of the
subject property. MVG shall not be made to give testimony or to appear in court by reason of this appraisal report, with reference to the property in
question, unless arrangement has been made thereof.
The contents of this report are strictly confidential and are intended for the exclusive use of the Bank. This document may not be altered in any way,
transmitted, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of Bank.
The Bank accepts no responsibility or liability to any third party for whole or any part of the report. It specifically excludes any liability with respect to any
losses incurred by the customer due to any act or omission of the developer or any other third party and any consequences thereof.
The Bank shall not be liable for any indirect or consequential losses which, arise out of or in connection with services provided under this engagement.