RASTRIYA BANIJYA BANK

Branch Office, Satdobato, Lalitpur

REPORT ON PROPERTY VALUATION

For Client

Mr. Radheshyam Shah

Bhelhi, Ward no-8, Sarlahi, Nepal (As per Citizenship)

Location of the property:

Imadole VDC, Ward no-6, Lalitpur (Old)
Mahalaxmi Municipality, Ward no:1, Lalitpur
Nepal (New)

Submitted to:
RASTRIYA BANIJYA BANK
Branch Office, Satdobato, Lalitpur

Submitted By:

Anish Kunwar

Email: kunwar.anish99@gmail.com

Phone No: 9845815696

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TABLE OF CONTENTS

S. N INDEX PAGE NO.

1 Covering letter 3
2 General Information 4
3 Possibility of future improvement 7
4 Rent 7
5 Sales Values 7
6 Land area Calculation 7
7 Value of Land 8
8 Cost Estimate of Building 8
9 Summary 9
10 Remarks & Limiting Conditions 9
11 Certificate 10

DOCUMENTS & DRAWINGS ENCLOSED

Lalpurja Yes
Tiro Rasid Yes
Citizenship Yes
Charkilla Yes
Location plan Yes
Reference drawing No
Recently Taken Photos Yes
Nappi Naksha Yes
Approved Drawing Yes
Construction Approval Certificate Yes
Minimum Gov. Rate Yes

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To,
The Branch Manager,
Rastriya Banijya Bank,
Satdobato, Lalitpur, Nepal,
7th Jestha , 2080

Ref: VALUATION CERTIFICATE

Dear Sir / Madam,

With due respect, we are hereby submitting the Valuation Report intended for mortgage to your
financial institution by:

Client: Mr. Radheshyam Shah

Address: Mahalaxmi municipality, Ward no-1, Imadole, Lalitpur, Nepal Contact
Number: 9844033263
We have prepared an evaluation of the following properties as directed by the client & ascertained
their Fair Market Values.
Owner of the Property: Mr. Radheshyam Shah Plot
no.: 252
Location of the Property: Mahalaxmi municipality, Ward no-1, I m a d o l e , Lalitpur, Nepal
We hereby declare that:

1. We have made a thorough inspection, verification and measurement of the properties as

directed by the client.
2. The value of the properties (attached on separate headings) as relevant on the date 8 th
December, 2023 are:
Market Value: Rs. 1,05,00,000.00
Fair Market Value of land : Rs. 79,35,000.00
Distress Value of land : Rs. 71,42,000.00 Valuation of
Building: Rs. 27,69,300.954
3. The access to the site, legal documents & the access road at site is based on our physical
verification.
4. The property is located at the core area with an established market. Thus, we find the property
and building suitable to be mortgaged.

Please find attached herewith all necessary calculations and documents for reference and
record
Yours sincerely,

Prabin Shah

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GENERAL INFORMATION

Name and address of the client

Name : Mr. Radheshyam Shah

Address : Bhelhi, Ward no-8, Sarlahi, Nepal (As
per citizenship)
Father : Mr. Ramasish Shah
Wife : Mrs. Sunita Devi Shah
Contact No : 9844033263

Properties to be mortgaged : Land and residential building

Owner of the Asset

Name : Mr. Radheshyam Shah

Address as per Citizenship : Bhelhi, Ward no-8, Sarlahi, Nepal (As per
citizenship)

Father : Mr. Ramasish Shah

Wife : Mrs. Sunita Devi Shah

Land & Its location

i Plot no.of the land : 252

ii Locate in:

District : Lalitpur
Municipality/VDC

Current : Mahalaxmi Municipality

Previous : Imadole VDC

Ward no

Current : 1
Previous : 6

Zone : Bagmati

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iii. GPS Location

Northing : 27°39’43.7’’
Easting : 85°20’20.3’’

iv Classification of Location : Middle class

v Means and Proximity to surface : Taxi, Private vehicles

communication by which locality
is served

vi Proximity to civil amenities, like : Main road within 200mradius

school, health post, bank
market, etc.

Area of Land

As per Lal purja : 95.39

As per measurement : 95.39

Value of assets

Value of Land : Rs. 71,42,000.00

Cost Estimation Building : Rs. 27,69,300.954
Total : Rs. 99,11,300.954

Brief description of location of Property

The location lies at Mahalaxmi Municipality, Ward no- 1, Imadole, Basuki Basti tole, Lalitpur, Nepal.
It lies about 200 m from the main road. The terrain of the location is slight elevated in nature.

Road, street or lane on which the land is abutting

The north side of the property under this assessment is abutted on 9 ft. width black topped road.
Please refer to the location plan enclosed along with this report for finding the proper position of said
property.

Importance of the Location

The property is situated in a prime location with easy access to amenities and key facilities such as
schools, health post, transportation, road, and drinking water. The area has well-maintained roads and
infrastructure, ensuring smooth connectivity. Additionally, several

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residential buildings have been constructed nearby, creating a growing community.

Parameter of Boundaries

Plot no - 252

East : Kitta no: 240

West : Kitta no: 404
North : Kitta no: 35, 259
South : Kitta no: 237, 236

Legal Aspect of the property

i Lalpurja
Type of ownership : Full
Tiller : None
Land use : Residential Building

ii Citizenship
Citizenship of client /owner : 19-1373/1703, Sarlahi

iii Cadastral Map : Yes

Issued by : Napi Office, Lalitpur

iv Client (person visit with) : Mr. Radheshyam Shah

v Date of site visit : 2069/10/15
vi Dispute : Not recorded
vii Miscellaneous : All the attached documents are
submitted by the client. Legal
aspect of the property authenticity
of the fact & figure depicted in the
submitted documents are to be
verified by the legal expert prior to
finalizing and undertaking as
mortgage property, for which this
valuation work is carried out.

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POSSIBILITIES OF FUTURE IMPROVEMENT
The property's location is highly suitable for residential purposes, making it valuable
and significant. The property has great potential for future improvements, including
enhanced infrastructure, community facilities, commercial growth and social
amenities.
RENT
Occupant of land & building : Covered by owners themselves
Yearly Income from the asset : Not given

SALES VALUE

We have taken the following prices of land which are based on the possible value of
land location importance, interview or inquiry with the local inhabitants for finding out
the prevailing land prices in these localities and data of the Malpot karyalaya to
ascertain the government prices of the land. (Depending upon the configuration of the
land, motorable access to the land, location from the main road, wide & depth of the
land etc.)

Prevailing market rate of land / anna 3,000,000.00 To 40,00,000.00

Government rate / anna 6,50,000.00

Fair Market Rate of Land per anna is 26,45,000.00

justified

Distress Rate of Land per anna 23,80,500.00

LAND AREA CALCULATION

Particulars Plot nos. Area in sq ft Ropani Anna Paisa Dam

Sum of 252 95.395 0 3 0 0

Triangles

Area as per calculation after setback 0 2 3 0

Area of land as per Lalpurja 0 3 0 0

Lower value of the mentioned two areas is taken for valuation purposes.

i.e 0 2 3 0

Note: After deduction of set back, we get actual area 0-2-3-0 = 2.75 anna

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VALUE OF LAND

Description Area in Unit rate Unit Cost of Land Weightage Value of

anna ( Rs) ( Rs.) (%) land (Rs.)

According to 3 35,00,000.00 anna 1,05,00,000.00 70 73,50,000.00

prevailing
market price

According to 3 6,50,000.00 anna 19,50,000.00 30 5,85,800.00

Malpot rate

Weightage rate / anna 1383333.33 Fair Market Value 79,35,800.00

Fair Market Value (Considered) 79,35,800.00

Distress Value / anna Distress Value 71,41,500.00

Total Distress Value of Land (Considered) 71,42,000.00

COST ESTIMATION OF BUILDING

Rate per sq ft floor area - Rs 3500.00

S.N. Description Area (sq.ft ) Unit rate Total Value Remark

(Rs) (Rs)

1. Ground floor 733.978 3500.00 25,68,923.00

Sub Total 25,68,923.00

Provision for Sanitation and Electrification @ 10% 256892.30

Total Cost Estimation of Building Sub total (A) 2825817.30

Deduct depreciation @ 2 % per year 56516.346 (For 1 year)

Total Cost Estimation of Building (Considered) 2769300.954

Value of land which is derived in above -mentioned table is calculated as per weightage
system given in RBB Revised Valuation Guideline 2077.

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SUMMARY OF VALUATION OF THE ASSET

Cost Estimate of Building Rs. 2769300.95

Total Distress Value of Land Rs. 71,42,000.00
Total Distress Value of Land & Cost Estimate of Rs. 99,11,300.95
Building

In words : Nine Million Nine Hundred Eleven Thousand Three Hundred Only

REMARKS & LIMITING CONDITIONS

1. The terrain of the location is slight elevated ground in nature.

2. All the supporting documents herewith in this valuation report have been collected from the
client for the purpose of reference to ensure reliability and facilitate valuation work.

3. The authenticity and applicability of all the pertaining supporting documents of the property
comprising of land also the present legal status of the property whether it involves any legal
complications are to be verified by the legal complications are to be verified by the legal
experts, prior to finalizing the mortgage for which this valuation work has been carried out.

4. We have no direct or indirect interest in the client or the property.

5. The opinions of value of the property as stated above are based on the facts and assumptions
identified in this report. The valuator takes no responsibility for the changes in the market
condition in future.

6. The environmental condition of this locality is normal. There are not any means of air
polluting industries and other sources of environment pollution nearby this locality.

7. To the best of our knowledge, all the matters of factual nature discussed in this report
are true and correct. No important factors have been intentionally overlooked or withheld.

8. The valuation of the properties as detailed in this report has been carried out by us in strict
compliance with the valuation Guidelines of RBB. The said property is an acceptable security
to the Bank in all respects.

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CERTIFICATE

We hereby certified that valuation of the properties as detailed in this report has been carried
out by us is in compliance with the "Valuation Guideline 2077". We have done necessary
inquiry & study in case of conducting valuation work to find the very appropriate value of the
asset on the relevant date.

..................................

Prabin Shah

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 Date - 2080/01/30

SUBMISSION OF PRELIMINARY VALUATION OF THE PROPERTIES

TO M/S RASTRIYA BANIJYA BANK, BRANCH OFFICE, SATDOBATO, LALITPUR

Client:-Mr. Radheshyam Shah

Property Owner:- Mr. Radheshyam Shah
Detail of Land:-
Property Plot no: 252
Location of Property: Mahalaxmi Municipality, Ward No - 1, Imadole, Lalitpur, Nepal
Cadastral Survey Sheet no: (Naapi Office, Lalitpur)
Access Road: 10ft wide black topped road
Distance from Main Road: Approx 200 m to Ratamakai Chowk
Site Visited Date: 2080/12/09

Particular Amount Area Units Remarks

A. Valuation of Land Plot no: 252
Area of Land in Lalpurja 0-3-0-0 R-A-P-D
Area of Land Measurement 0-2-0-0 R-A-P-D
Area Deduction for Setback 0-0-1-0 R-A-P-D
Net Area of Land 0- 2-3-0 R-A-P-D
Area Provision for Land Development 0-0-0-0 R-A-P-D
Area Considered for Valuation (After Setback) 2.75 Anna
Prevailing Market Rate 35,00,000.00 Per Anna
Prevailing Market Value 1,05,00,000.00

Government Registration Rate 6,50,000.00 Per Ana

Government Registration Value 19,50,000.00
Fair Market Value of Land 79,35,800.00 @ 70%+30%
Fair Market Value of Land (Considered) 8,375,800.00
Distress Value of Land 71,41,500.00 @ 90%
Distress Value of Land (considered) 71,42,000.00

B. Cost Estimate of Building

Ground floor area 733.978 sq.ft

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Rate Considered per sqft 3500.00
Sub-Total 27,69,300.954
Provision for sanitary and electrification @ 10% 25,68,923.00
Total 28,25,817.30

Deduct depreciation @ 2 % per year 56516.346 (For 1 year)

Cost Estimate of Building (Considered) 2769300.954
Distress Value of Land & Cost Estimate of
Building (A + B) 99,11,300.954
In Word : Nine Million Nine Hundred Elleven Thousand Three Hundred Only

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