Property valuation for Mr.

Sujan Thapa
_________________________________________________________________________________________________________________________________

1.0 GENERAL DESCRIPTIONS

1.1 Descriptions of Client-

Name : Mr. Sujan Thapa
Address : Thulo Sirubari VDC-06, Sindhupalchok -Previous

: Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

Citizenship no/issued date : 25787/110396 issued on2058-11-26 BS from Sindhupalchok
Date of Birth : 2040-11-17 BS
Father : Mr. Purna Bahadur Thapa
Grand Father : Mr. Jagat Bahadur Thapa
Contact no. : 9841435649

1.3 Descriptions of Land and Owner-

Sheet No : 1570979
Name of the Owner : Mr. Sujan Thapa
Address : Thulo Sirubari VDC-06, Sindhupalchok -Previous
: Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current
Citizenship no/issued date : 25787/110396 issued on2058-11-26 BS from Sindhupalchok
Date of Birth : 2040-11-17 BS
Father : Mr. Purna Bahadur Thapa
Grand Father : Mr. Jagat Bahadur Thapa
Plot no. : 1491
Area (R-A-P-D)

as per Lal Purja : 5732.75 sq. ft. 532.59 sqm 1-0-3-0

as per Cadastral measurement : 3506.21 sq.ft 325.74 sq.m. 0-10-0-3.91

After deducting R.O.W. 3m from C.L. of 6m wide concrete road and 1.5m from edge of High
tension line,

as per field measurement : 3430.88 sq.ft. 318.74 sq.m. 0-10-0-0.39

Location of the property-

Previous : Thulo Sirubari VDC-06, Sindhupalchok

Current : Chautara Sangachokgadhi Municipality-13, Sindhupalchok

Type of land

as per Lal Purja : Bari sim

as per site : Flat

Ownership of the property : Single

Type of land holding : Free-hold
Relation of client and owner : land owner and client are same.
Comments (if any)-

It is located in a fairly plain land and the concerned plot is also flat.

1.3 Types of property mortgaged : Land and building located at Chautara Sangachokgadhi Municipality-13,
Sindhupalchok as mentioned here after.

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-6, Kathmandu
Property valuation for Mr. Sujan Thapa
_________________________________________________________________________________________________________________________________

2.0 PARAMETERS OF BOUNDARIES

Plot No. East West North South

1491

as per cadastral map : Plot no 1261 & 1262 Plot no 1659 Access Plot no 1490

as per field : " " 6m wide concrete "

motorable 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 : 6m wide concrete road is attached with the plot at North.

Market : The concerned site is situated at Kotdanda, Thulo sirubari which is the local
market itself.
Transportation : All means of transportations are available on Dolalghat-Chautara Highway which is
about 2.5KM from the concerned plot. Private vehicles are easily accessible to the
road attached with the plot.
Comments (if any)-

It is a developing residential area of Chautara Sangachokgadhi Municipality-13, Sindhupalchok, where the basic physical
infrastructures are being developed.

4.0 LOCATION AND COMMERCIAL IMPORTANCE:

The property under this assessment is located at a developing residential area of Chautara Sangachokgadhi
Municipality-13, Sindhupalchok. It is located at Kotdada, Thulo sirubari and 6m wide concrete road is attached
with the plot.

Physical facilities like, market, school & campus, hospitals, hotel & restaurant, etc are available within 15-20 min
of driving distance. Likewise, physical infrastructures like road and surface transportation, water supply,
drainages, electricity, telecommunication, etc. are also available within 5-10 min of driving distance from the
concerned plot.

Comments (if any)-

Because of the available facilities and location of the site, the market value of land is good.

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-6, Kathmandu
Property valuation for Mr. Sujan Thapa
_________________________________________________________________________________________________________________________________

5.0 GENERAL DESCRIPTION OF BUILDING:

Plot no. of land : 1491

Location : Chautara Sangachokgadhi Municipality-13, Sindhupalchok

Owner of building : Mr. Sujan Thapa

Building faced to : North

Building permission from : Office of Chautara Sangachokgadhi Municipality Office

Year of construction (Proposed) : 2068 BS

Year of construction completion : 2069 BS
Life of building : 50 yrs
Age of building : 11 Yrs

Type of use : Residential

No. of storey : 2.5 Storey

Plinth area

as per construction : 800.00 ft2

as per approval : 800.00 ft2

Total floor area

as per construction : 1921.50 ft2

as per approval : 1921.50 ft2

Type of foundation : Isolated

Type of structure : RCC frame structure.

Type of wall : Brick masonary wall with cement mortar.

Thickness of wall : 9" & 4" thick external and internal walls.

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

Door shutter : Sal wood framed pannelled and flushed door shutters.

Window shutter : Sal wood framed glazed window shutters.

Internal finishing : Cement plaster and paintings on walls and ceillings.

External finishing : Cement plaster and paintings.

Floor finishing : Cement punning in staircases, passages and floors.

Floor & roof covering : RCC slab floors and roof.

Kitchen/Dinning : One well finished kitchen and dining is there.

Lavatory : One well finished lavatories are there.

Electric wiring : conceal wiring and fittings

Comments (if any)-

The concerned plot of land consists of 2.5 storey residential building of RCC frame structure being used for residential
purpose. The building is also considered for this valuation.

________________________________________________________________________________________________________________________________________________
Capable Engineering for Construction and Development Pvt. Ltd., KMC-6, Kathmandu
Property valuation for Mr. Sujan Thapa
_________________________________________________________________________________________________________________________________

6.0 NATURE OF OCCUPATION:

The concerned plot of land consists of 2.5 storey residential building of RCC frame structure being used for residential
purpose. The building is also considered for this valuation.

7.0 MEANS OF SURFACE TRANSPORTATION SERVING THE LOCALITY:

All means of transportations are available on Dolalghat-Chautara Highway which is about 2.5KM from the concerned
plot. Private vehicles are easily accessible to the road attached with the 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
disput is not found or noticed.

Comments and Conclusion

4 The property under this assessment is located at a developing residential area of Chautara Sangachokgadhi
Municipality-13, Sindhupalchok. It is located at Kotdada, Thulo sirubari and 6m wide concrete road is
attached with the plot.

4 The concerned plot of land consists of 2.5 storey residential building of RCC frame structure being used for
residential purpose. The building is also considered for this valuation.

4 6m wide concrete road is attached with the plot at North.

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 Fair market value of land NRs. 7,544,100.00

Total Depreciated value of Building NRs. 3,874,320.46
Total Value of Property NRs. 11,418,420.46
Say NRs. 11,418,000.00

(In words : NRs. Eleven -Million Four Hundred Eighteen - Thousand only.)

RECOMMENDATIONS

We have gone through the documents, field varification 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-6, Kathmandu
DESCRIPTION OF LAND AREA
(Table - 1)

Client : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

Owner : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

Location : Chautara Sangachokgadhi Municipality-13, Sindhupalchok

Area
Plot As per Lal Purja As per Cadastral As per Field
Sn Location
no.
Rop Anna Paisa Dam Ropani Rop Anna Paisa Dam Ropani Rop Anna Paisa Dam Ropani

Chautara
Sangachokgadhi 0 12 0 1.13
1 1491 Municipality-13,
1 0 3 0.00 1.04687 0 10 0 3.91 0.64027 0.75441
Sindhupalchok

Total Area of land 1.04687 0.64027 0.75441

Note :
The land area is taken after the site verification.
DESCRIPTION OF FLOOR AREA
(Table - 2)

Client : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

Owner : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

Location : Chautara Sangachokgadhi Municipality-13, Sindhupalchok

FLOOR DETAILS -
Area Calculation as per Measurement
Plot Approved area
Sn. Description
no. Length Breadth Area Total area Remarks
No.
(ft) (ft) (ft2) (ft2) (ft2)

1491

via auto-cad
1 Ground Floor 1
measurement

800.00 800.00

via auto-cad
2 First Floor 1
measurement

855.00 855.00

via auto-cad
3 Second Floor 1
measurement

266.50 266.50

Total Floor Area 1921.50 1921.50

TOTAL VALUE OF LAND AND BUILDING -
(Table-3)

Amount
Sn. Particulars Remarks
(NRs.)

1 Total Government Value of Land 1,508,820.00 Refer Table-4

2 Total Average Market value of Land 9,052,920.00 "

3 Total Fair market value of land 7,544,100.00 "

4 Total Depreciated value of Building 3,874,320.46 Refer Table-5

5 Total Value of Property 11,418,420.46 (Sn 3 +Sn 4)

Say, NRs. 11,418,000.00

RATES AND VALUES OF LAND

(Table-4)
Area Rate/Ropani Value
Sn. Plot no. Total Remarks
R A P D (Ropani) (NRs/Ropani) (NRs.)

Government Value

1 1491 0 12 0 1.13 0.75441 2,000,000.00 1,508,820.00 (20,00,000/- per ropani see government value

Total 1,508,820.00

Market Value
Maximum 800,000.00 per ana
1 1491 0 12 0 1.13 0.75441 12,000,000.00 9,052,920.00
Minimum 700,000.00 per ana

Total 9,052,920.00

Total Fair market value of land 7,544,100.00 20% of Gov. 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-5)

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

1 all complete with RCC frame 1921.50 2,350.00 4,515,525.00 993,415.50 3,522,109.50
structure
2 Finishing works
0.00 - - -
0.00 - - -
Watersupply and sanitatin
3 1921.50 117.50 225,776.25 49,670.77 176,105.48
works @5%

4 Electrification works @5% 1921.50 117.50 225,776.25 49,670.77 176,105.48

Total Value of the building - 4,967,077.50 1,092,757.04 3,874,320.46

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 50years.
SUMMARY OF VALUATION
1.0 Client : Mr. Sujan Thapa
Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current
2.0 Owner : Mr. Sujan Thapa
Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok- Current

3.0 Valued assets: Land and building located at Chautara Sangachokgadhi Municipality-13,
Sindhupalchok as mentioned here after.

4.0 Land :
Plot no. : 1491
Area (R-A-P-D)
as per Lal Purja : 532.59 sqm 1-0-3-0
as per Cadastral measurement : 325.74 sq.m. 0-10-0-3.91
After deducting R.O.W. 3m from C.L. of 6m wide concrete road and 1.5m from edge of High
tension line,
as per field measurement : 318.74 sq.m. 0-10-0-0.39
Location of the property-
Previous : Thulo Sirubari VDC-06, Sindhupalchok
Current : Chautara Sangachokgadhi Municipality-13, Sindhupalchok
Type of land
as per Lal Purja : Bari sim
as per site : Flat

It is located in a fairly plain land and the concerned plot is also flat.

6m wide concrete road is attached with the plot at North.

5.0 Building :
Plot no. : 1491
Location : Chautara Sangachokgadhi Municipality-13, Sindhupalchok
Year of construction
: 2069 BS
completion
Plinth area
as per construction : 800.00 ft2
as per approval : 800.00 ft2
Total floor area
as per construction : 1921.50 ft2
as per approval : 1921.50 ft2
The concerned plot of land consists of 2.5 storey residential building of RCC frame structure being
used for residential purpose. The building is also considered for this valuation.

6.0 Total Values of Land & Building : (in NRs.)

1 Total Government Value of Land : 1,508,820.00
2 Total Average Market value of Land : 9,052,920.00
3 Total Fair market value of land : 7,544,100.00
4 Total Depreciated value of Building : 3,874,320.46
5 Total Value of Property : 11,418,420.46
Say NRs. : 11,418,000.00
Date- 2080-04-05 BS
Ref no : 02-080/81

To
Kumari Bank Limited
Branch Offfice, Jalbire
Sindhupalchok, Nepal

Sub.- Submission of 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 to be mortgaged to the bank by -

Client- Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok-
Current
Owner- Mr. Sujan Thapa
Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13, Sindhupalchok-
Current
Location- Chautara Sangachokgadhi Municipality-13, Sindhupalchok

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 value of concerned properties is - Say,NRs. 11,418,000.00

(In words : NRs. Eleven -Million Four Hundred Eighteen - 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)
KUMARI BANK LIMITED
Branch Office, Jalbire
Sindhupalchok, Nepal

Property Valuation Report

(Land & Building)

Client : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13,
Sindhupalchok- Current

Owner : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13,
Sindhupalchok- Current
Chautara Sangachokgadhi Municipality-13,
Location : Sindhupalchok

JULY 2023

Consultant-

CAPABLE ENGINEERING
FOR CONSTRUCTION & DEVELOPMENT PVT. LTD.
KMC-06, Kathmandu
Tel- 977 9851081085, 9851044614 email: [email protected]
KUMARI BANK LIMITED
Branch Office, Jalbire
Sindhupalchok, Nepal

Property Valuation Report

(Land & Building)

Client : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13,
Sindhupalchok- Current

Owner : Mr. Sujan Thapa

Thulo Sirubari VDC-06, Sindhupalchok -Previous
Chautara Sangachokgadhi Municipality-13,
Sindhupalchok- Current

Chautara Sangachokgadhi Municipality-13,

Location : Sindhupalchok

JULY 2023

Consultant-

CAPABLE ENGINEERING
FOR CONSTRUCTION & DEVELOPMENT PVT. LTD.
KMC-06, Kathmandu
Tel- 977 9851081085, 9851044614 email: [email protected]