KUMARI BANK LIMITED

Branch Office, Panchkhal

Kavre, Nepal

Property Valuation Report

(Land )

Client : Mrs. Reshma Chakradhar

Madhyapur Thimi Municipality-08, Bhaktapur

Owner : Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

Location : Changunarayan Municipality-07, Bhaktapur-current

July 2023

Consultant-

CAPABLE ENGINEERING
FOR CONSTRUCTION & DEVELOPMENT PVT. LTD.
office: KMC-06, Chabahil, Kathmandu, Nepal
Tel-014467412, 9851044614, 9851081085 email: capableengineering90@gmail.com
 KUMARI BANK LIMITED
Branch Office, Panchkhal
Kavre, Nepal

Property Valuation Report

(Land )

Client : Mrs. Reshma Chakradhar

Madhyapur Thimi Municipality-08, Bhaktapur

Owner : Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

Location : Changunarayan Municipality-07, Bhaktapur-current

July 2023

Consultant-

CAPABLE ENGINEERING
FOR CONSTRUCTION & DEVELOPMENT PVT. LTD.
office: KMC-06, Chabahil, Kathmandu, Nepal
Tel-014467412, 9851044614, 9851081085 email: capableengineering90@gmail.com
Ref. No.:- 05-080/81
Date- 2080-04-10 BS

To
Kumari Bank Limited,
Branch Office, Panchkhal,
Kavrepalanchok, Nepal.

Sub.- Submission of Property Valuation Report

Dear Sir,
We are pleased to submit herewith the property evaluation report, related to
the Property valuation after going through the documents and field visit and
then calculation considering all conditions, limitaions and opportunities of
the area, of the property which is mortgaged to the bank by -

Client- Mrs. Reshma Chakradhar

Madhyapur Thimi Municipality-08, Bhaktapur

Owner- Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

Location- Changunarayan Municipality-07, Bhaktapur-current

The valuation report includes the measurement, drawing and valuation work of
the concerned properties located at above mentioned location. The assessment
of the property has been carried out on the basis of prevailing and government
prices of land in the locality and cost of construction according to the norms
set by the bank.

Total Fair Market Value of the Property Say, NRs. 11,331,000.00

(In words : Say, NRs. Thirteen -Million Five Hundred Seventy One- Thousand
only)
It is requested to find the valuation report of the specified property attached
hereafter.

Thanking you and hoping your kind cooperation.

Yours faithfully,

Er. Devaraj Dulal

(Chairman, Civil Engineer)
 SUMMARY OF VALUATION
1.0 Client : Mrs. Reshma Chakradhar
Madhyapur Thimi Municipality-08, Bhaktapur

2.0 Owner : Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

3.0 Valued assets:

Plot of land located at Changunarayan Municipality-07, Bhaktapur as mentioned
here after.
4.0 Land :
Plot no. : 562
Total Area (R-A-P-D) -
as per Lal Purja : 445.14 Sqm 4791.50 Sqft 0-14-0-0

Location of the property-

Previous : Bageshwori VDC-08, Bhaktapur -previous
Current Changunarayan Municipality-07, Bhaktapur-current
Type of land
as per Lal Purja : Sim
as per site : Flat
It is located in a flat terrian and the plot is also flat.

4m wide gravel road is attached with the concerned plot at its North.

5.0 Building:

le
Plot no. : 562
Location : #REF!
b
lica
Year of construction : BS

pp0.00
completion
Plinth area
a
t 0.00
as per construction
as per approval
:
:
N o ft2
ft2
Total floor area
as per construction : 3651.00 ft2
as per approval : 3536.89 ft2

The concerned plot is currently being used for agricultural purpose.

6.0 Total Values of Land : (in NRs.)

1 Total Government Value of Land : 9,056,880.00
2 Total Average Market value of Land : 11,900,000.00
3 Total Fair Market Value of Land : 11,331,376.00
4 Total Depreciated value of Building : -
5 Total Fair Market Value of the Property : 11,331,376.00
Say, NRs. : 11,331,000.00
 Property Valuation For Mrs. Reshma Chakradhar
____________________________________________________________________________________________________________________________________________

1.0 GENERAL DESCRIPTIONS

1.1 Descriptions of Client-

Name : Mrs. Reshma Chakradhar
Address : Madhyapur Thimi Municipality-08, Bhaktapur
Citizenship no/ issued date : 29-01-73-00603 issued on 2073-02-11 BS from Bhaktapur
Date of birth : 2055-05-01 BS
Father : Mr. Ram Chakradhar
Mother : Mrs. Churi Maya Chakradhar
Father-in-Law : Mr. Ratnakaji Shrestha

1.3 Descriptions of Land and Owner-

Name : Mr. Ratnakaji Shrestha
Address : Bageshwori VDC-08, Bhaktapur
Citizenship no/ issued date : 29 143 issued on 2043-04-08 BS from Bhaktapur
Date of birth : 2026-06-20 BS
Father : Mr. Buddhiman Shrestha
Grandfather : Mr. Jit Bahadur Shrestha
Daughter-in-law : Mrs. Reshma Chakradhar

Sheet No : 8 kha 1
Plot no. : 562
Total Area (R-A-P-D) -
as per Lal Purja : 445.14 Sqm 4791.50 Sqft 0-14-0-0
Location of the property- Bageshwori VDC-08, Bhaktapur -previous
Changunarayan Municipality-07, Bhaktapur-current
Type of land
as per Lal Purja : Sim
4m wide gravel
as per site : Flat road is attached
with the
Ownership of the property : Single concerned plot at
Type of land holding : Free-hold its North.

Mode of ownership transfer : Inherited

Relation of client and owner : Land owner is Father-in-law of client.
Comments (if any)-
It is located in a flat terrian and the plot is also flat.
1.4 Types of properties mortgaged : Plot of land located at Changunarayan Municipality-07,
Bhaktapur as mentioned here after.

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-06, Kathmandu
 Property Valuation For Mrs. Reshma Chakradhar
____________________________________________________________________________________________________________________________________________

2.0 PARAMETERS OF BOUNDARIES

S.N. Plot no. East West North South

562

as per cadastral map : Plot no. 402, 401 & Plot no 26 Public land Plot no 563
400
as per field : " " 4m wide "
motorable
gravel road

Comments (if any)-

The four boundaries are mentioned as per the Cadastral map & the site conditions.

3.0 PHYSICAL FACILITIES PREVAILING CLOSED TO LAND:

Water supply : Yes

Sewer and Storm water drainage : Yes
Electricity : Yes
Telecommunication : Yes
Accessibility : 4m wide gravel road is attached with the concerned plot at its
North.

Market : Kharipati is nearest local market area which is about 1KM from the
concerned plot.

Transportation : All means of transportations are available on Nagarkot road which

is about 1KM from the concerned plot and private vehicles area
easily accessible to the road which is attached with the concerned
plot.

Distance from High Tension line : Not any.

(if any)
Distance from River (if any) : Not any.

Comments (if any)-

It is a developing residential area of Changunarayan Municipality-07, Bhaktapur, where the basic physical infrastructures are
developing.

4.0 LOCATION AND COMMERCIAL IMPORTANCE:

The property under this assessment is located at a developing residential area of Changunarayan
Municipality-07, Bhaktapur, where the basic physical infrastructures are developing. The concerned plot
is attached with 4m motorable road at its North direction. The concerned site is about 1KM away from
Kharipati which is nearest market area so the market value of the porperty is good.

Physical facilities like, market, school & campus, hospitals, hotel & restaurant, etc. are available with in
5-10 minutes of driving distace at kharipati. Likewise, physical infrastructures like road and surface
transportation, water supply, drainages, electricity, telecommunication, etc. are also good in the locality.

Comments (if any)-

Because of the available and developing facilities and location of the site, the market value of land is good.
________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-06, Kathmandu
 Property Valuation For Mrs. Reshma Chakradhar
____________________________________________________________________________________________________________________________________________

5.0 GENERAL DESCRIPTION OF BUILDING:

Plot no. of land : 562

Location : #REF!

Owner of building : Mr. Ratnakaji Shrestha

Building faced to : North

Building permission from : Office of Jugal Rural Municipality

Year of construction (Proposed) : 2075 BS

Year of construction completion : BS

Life of building : 50 yrs

Age of building : Yrs

Type of use : Residential

No. of storey : 3 & Half-Storey

Plinth area
as per construction : 0.00 ft2
as per approval : 0.00 ft2
Total floor area
as per construction : 3651.00 ft2
as per approval : 3536.89 ft2

e
Type of foundation : Issolated foundation
Type of structure : RCC framed structured.

b l
Type of wall

ca
: Brick masonary with cement mortar.
Thickness of wall

p li
: 9" thick external and internal walls.

p
Door & window frame : 3"x4" sal wood frames.
Door shutter

t a : Sal wood framed pannelled and flushed door shutters.

o
Window shutter : Sal wood framed glazed window shutters.
Internal finishing

External finishing N : Cement plaster and painting.

: Cement plaster and painting.

Cement punning in rooms while toilet, staircase and passages
Floor finishing :
finished with marble, tiles.
Floor & roof covering : RCC slab floors and roof.
Kitchen/Dinning : One normal Kitchen and Dining .
Lavatory : One lavatory was found with ordinary finishing.
Electric wiring : Oridinary conceal wiring with normal fittings

Comments (if any)-

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-06, Kathmandu
 Property Valuation For Mrs. Reshma Chakradhar
____________________________________________________________________________________________________________________________________________

6.0 NATURE OF OCCUPATION:

The concerned plot is currently being used for agricultural purpose.

7.0 MEANS OF SURFACE TRANSPORTATION SERVING THE LOCALITY:

All means of transportations are available on Nagarkot road which is about 1KM from the concerned
plot and private vehicles area easily accessible to the road which is attached with the concerned plot.

8.0 LEGAL ASPECTS OF THE PROPERTY:

During our site inspection and verification for the above mentioned property as mentioned above, any
discrepancy or any dispute is not found or noticed.

Comments and Conclusion

4 The property under this assessment is located at a developing residential area of Changunarayan
Municipality-07, Bhaktapur, where the basic physical infrastructures are developing. The concerned
plot is attached with 4m motorable road at its North direction. The concerned site is about 1KM away
from Kharipati which is nearest market area so the market value of the porperty is good.

4 All means of transportations are available on Nagarkot road which is about 1KM from the concerned
plot and private vehicles area easily accessible to the road which is attached with the concerned plot.

4 The concerned plot is currently being used for agricultural purpose.

8 This report is produced on the basis of the desk study of the submitted documents, field visit, data and
document collection and there analysis. On the basis of government rate, market rate and physical
condition of the property

Total Government Value of Land NRs. 9,056,880.00

Total Average Market value of Land NRs. 11,900,000.00

Total Fair Market Value of Land NRs. 11,331,376.00

Total Depreciated value of Building NRs. -

Total Fair Market Value of the Property NRs. 11,331,376.00

NRs. 11,331,000.00

(In words : Say, NRs. Thirteen -Million Five Hundred Seventy One- Thousand only)

RECOMMENDATIONS
We have gone through the documents, field verification and physical inspection, the property is
found reliable and during the process, any legal discrepancy and any other disputes were not found.
Hence, it is recommended that the property is suitable to be mortgaged for the purpose.

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-06, Kathmandu
 DESCRIPTION OF LAND AREA
(Table - 1)

Client : Mrs. Reshma Chakradhar

Madhyapur Thimi Municipality-08, Bhaktapur

Owner : Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

Location : Changunarayan Municipality-07, Bhaktapur-current

Sn Plot Location Area

no.
As per Lal Purja

Rop Anna Paisa Dam Ropani

Changunarayan
1) 562 Municipality-07, 0 14 0 0.00 0.87500
Bhaktapur-current

Grand Total Area of land 0.87500

Note :
1) The land area is taken after the site verification.
 TOTAL VALUE OF LAND AND BUILDING
(Table-2)
Sn. Particulars Amount Remarks
(NRs.)

1 Total Government Value of Land 9,056,880.00 Refer table-3

2 Total Average Market value of Land 11,900,000.00 "

3 Total Fair Market Value of Land 11,331,376.00 "

4 Total Depreciated value of Building - Refer table-4

5 Total Fair Market Value of the Property 11,331,376.00 SN.3+SN. 4)

Say, NRs. 11,331,000.00

RATES AND VALUE OF LAND

(Table-3)

Sn. Plot no. Area Rate/Ropani Value Remarks

R A P D Total (NRs/Ropani) (NRs.)
(Ropani)

Government Value

i) 562 0 14 0 0.00 0.87500 10,350,720.00 9,056,880.00 (NRs 646,920 per aana see annexes)

Total 9,056,880.00
Market Value

Maximum 900,000.00 per aana

i) 562 0 14 0 0.00 0.87500 13,600,000.00 11,900,000.00
Minimum 800,000.00 "

Total 11,900,000.00

Total Fair Market Value of Land 11,331,376.00 (20% of Govnt. Value + 80% of Market Value)

Notes -
1) Here the basis of land transaction is in terms of ropani. So, all of the rates analysed hare after are in ropani.

2) The market value of the land may vary depending upon the shape, size, location and other special circumstances.
3) If Average market rate > Government rate, Fair market rate = 20% of Government Rate + 80% of Average market rate other wise Fair market rate = 80% of Average market rate.

RATES AND VALUE OF BUILDING

(Table-4)
Total Depreciated Remarks
Total Cost of the
Sn Particulars Considered rate Depreciation Value
Floor Area Building 'C'
(d=Cxn/N) (D=C-d)
(ft2) (Rate/ft2) (NRs.) (NRs.) (NRs.)

Civil construction work

bl e
a
1 all complete with load bearing wall 1490.00 - - - -

ic
system.

2 Finishing works

ppl
Marble finished 0.00

t a - - -

No
Tile fineshed 0.00 - - -
Watersupply and sanitatin
3 1490.00 - - - -
works @10%

4 Electrification works @15% 1490.00 - - - -

Total Value of the building - - - -

Note :
The depreciation is calculated according to the straight line method.
Where n' stands for age of the building in years.
N' stands for life of the building in years which is considered as 50 years.
 DESCRIPTION OF FLOOR AREA
(Table - 2)

Client : Mrs. Reshma Chakradhar

Madhyapur Thimi Municipality-08, Bhaktapur

Owner : Mr. Ratnakaji Shrestha

Bageshwori VDC-08, Bhaktapur

Location : Changunarayan Municipality-07, Bhaktapur-current

FLOOR DETAILS -
Sn. Description Plot no. Area Calculation as per Measurement Approved area Remarks
No. Length Breadth Area Total area

(ft) (ft) (ft2) (ft2) (ft2)

562 1 39.00 28.50

Areas are
1) Ground floor obtained via

l e
Auto-CAD
1111.50

b
1 39.00 28.50 1111.50

ca
li
2) First floor 562 "
2 13.75 2 55.00

p
1166.50

ap
1 39.00 28.50 1111.50

3) Second Floor 562

ot "

N
2 13.75 2 55.00
1166.50
1 14.00 14.75 206.50
1) Top floor 562
206.50

Total Floor Area 3651.00 3536.89