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This engineer valuation report certifies that the land and building owned by Mr. Balasubramaniam located in Udumalpet, Tirupur has been valued. The single story brick and RCC construction building is 16 years old and in normal quality. It has a plinth area of 2077.75 sqft and the land area is 2970 sqft. Based on the current market rate, the total value of the land and building is estimated to be Rs. 27,46,000.

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Er shanmugam B
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282 views2 pages

Bank

This engineer valuation report certifies that the land and building owned by Mr. Balasubramaniam located in Udumalpet, Tirupur has been valued. The single story brick and RCC construction building is 16 years old and in normal quality. It has a plinth area of 2077.75 sqft and the land area is 2970 sqft. Based on the current market rate, the total value of the land and building is estimated to be Rs. 27,46,000.

Uploaded by

Er shanmugam B
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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ENGINEER VALUATION REPORT

This is to certify that I have valued the land with building belongs to Mr.
Balasubramaniam, S/o K.Raju at old Door no: 209 C, New Door no: 1,1A
S.F no: 203/2, Palaniammal layout, Ward: E, Block no: 5 T.S no: 8 (plat) Municipal
ward old no: 14, 21 New no: 29, at Dhali Road, Udumalpet Municipal Udumalpet talu,
Tirupur (D.t) and issue this valuation report based on the following calculations.

01. Location : Mr. Balasubramaniam,


Old Door no: 209 C, New Door no: 1,1A
S.F no: 203/2,
Palaniammal layout,
Ward: E, Block no: 5 T.S no: 8 (plat)
Municipal ward old no: 14, 21 new no: 29,
Udumalpet Municipality
Udumalpet taluk.
Tirupur. (D.t)

02. Quality of Construction : Normal. The Super Structure is by brick work


And specifications. In cement mortar and R.CC roof is provided.
Plain cement concrete flooring and country wood
Joineries are provided.
The building consists, Toilet, Kitchen&Hall, uility,
Portico, Stow care.

03. Purpose of valuation : Mortgage for availing a loan.

04. Document Reference : (i) Registered sale Deed No /3130/1992


(ii)Property Tex Assessment No 13461&13462

05. Age of the building : 16Years.

06. Future life of the building &


Total life of the building : 80 Years.

07. Date of Valuation : 02.02.2011.

08Depreciation Percentage(r) :2%

09. Area of the Building : 2077.75Sft

10. Cost of construction:

G.F.Building 2077.75 sq.ft is valued for

Rs.900/ sq.ft

Rs.900/- 2077.75 sq.ft =Rs.18, 69,975.00

Less: Depreciation @2% (-) =Rs.5, 98,392.00 (-)


Depreciated Value =Rs.12, 71,583.00

ADD:
Value of Toilet Block L.S =Rs.75, 000.00

Cost of power connection &Water


Connection L.S =Rs. 35,000.00
………………..
Total value of the Building =Rs.13, 81,583.00

11. Site area : 2970.00 sq.ft

12. Cost of the land as per the Market Value:

The present cost of the land is


Area of the site : 2970 sq.ft (or) 6.82 cents.

Market Rate : Rs.2,00,000.00/cent

Value of the land : 6.82 cents x Rs.2, 00,000/cent

=Rs.13, 64,000.00

……………….
Total cost of the Land and building is =Rs.27, 45,583.00

SAY= Rs.27, 46,000.00

13. Declaration of the Engineer:

I am a Qualified Engineer with years of experience in the construction and


Valuation of buildings &land and I have no direct or indirect interest in the owner’s
Property and I am not related to him.

I am a registered valuer in many public sectors, private sector.

The plinth area of the building is 2077.75 sq.ft and the building with land of
2970 sq.ft has got a saleable value of Rs.27, 46,000.00

(Rupees Twenty Seven Lakes fort six Thousand Only)

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