GORUR SRINIVAS #75,FIRST FLOOR

B.E., A.M.I.E., F.I.V

4 Main, 4 Cross Junction
CHARTERED ENGINEER, GOVT.REGD. VALUER Narasimha Raja Colony,
INSURANCE SURVEYOR & LOSS ASSESSOR BANGALORE 560019-08
1. SLA 8032/2009-14 EXP 03-01-2014(Renewed by Insurance Regulatory Authority)
2. CAT 1/VOL-1/301/94-95(Issued by Chief Commissioner of Income Tax) [email protected]
3. F-3833 Institution of Valuers
VALUER INCOME TAX DEPARTMENT .LIC.FINANCIAL INSTITUTIONS. Namma Metro JnNURM
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Dec 11 , 2016
Ref:- gs/LR

TO,
M/ s Max Concorde Developers
No.2231 3rd Block Jayanagar
Bangalore-

(VALUATION REPORT (IN RESPECT OF LAND / SITE / FLAT AND BUILDING)

(To be by the Approved Valuer)
I GENERAL BBMP LIMITS LAND
Purpose for which the To arrive at the fair market value of the property
1 valuation is made
a).Date of inspection Present:Mr. Jayaram -Partner-
2
Dec 10, 2015
b).Date on which the Dec 11 , 2016
valuation is made
List of documents Power Of Attorney Dated 05.12.2014, Sale Deed Dated 22.07.2013
3 produced fo rperusal

4 Name of Applicant M/s Max Concorde Developers

(Owner)

Name of the M/s Same

owner(s)(details of share
of each owner in case of
joint ownership)
5 Brief description of the Residential / Commercial Industrial Building
property
Postal address of the
6 property
Propety in No.85 & 86 Sy Nos.102 & 103 Patta No.34 Muniswamappa
Garden (Dhobi Ghat) Halasuru Bangalore – 560008.

7 Bangalore
Residential Area Yes
Commercial Area -
Industrial Area No
Classification of the Area
8
i).High/Middle/Poor High
ii).Urban/Semi Urban
Urban/Rural
9 Coming under BBMP
Corporation limit/ Village
LAND MARK

10 Whether covered under any No

State/Central Govt
enactments(e.g.Urban Land Ceiling
Act)or
 In case it is an agricultural land. any No
11 conversion to house site plots is
contemplated
Boundaries of Property
12
Sy.No143
East Private Property
West Public Road
North Old Madras Road
South Garden Muniswamappa Road

13 Dimensions of the site a b

Records Actual
East

West
North
South

14 Exent of the site 79619 Sqft 79619

15 Exent of the site considered for valuation 79619 Sqft
(least of 14a &14b)

16 Whether occupied by the owner / Rs tenant? If Vacant land-Access thru Max concorde L/o road
Occupied by tenant since how long? Rent
Received per month
II CHARACTERS TICS OF THE SITE

1 Classification of locality Residential/commercial Building

2 Development of surrounding areas Yes
3 Possibility of frequent flooding/ submerging No
4 Feasibility to the Civic amenities like School Good
5 Level of land with topographical conditions Above Road Level
6 Shape of land Odd Shape
7 Type of use to which it can be pul Residential
8 Any usage restruction No
9 Is Plot in town planning approved layout? BMRDA
10 Corner plot or intermillent plot? Intermediate
11 Road facilities Yes
12 Type of road available at present Asphalted
13 Width of road is it below 20 m or more than >20 ft
20 m
14 Is it a Land – Locked land? No
15 Water potentiality No
16 Underground sewerage system connected
17 Power supply is available in the site Yes --
18 Advantages of the site None
19 General remarks.if any like threat of acquisition of land for publics service urposes, road widening or applicability of CR Z provisions etc None
(distance from the sea coast/ tidal level must be incorporated)

Sanction plan – NA

Part – A (Valuation of land)

Size of plt
1
North & South
East & West
 Total extent of the plot 79619 Sqft
2

Prevailing market rate Rs Rs.25000/- per Sqft

3

Guideline rate obtained from the Registrar’s (Dtd 13.11.2014,BBMP Land,Rs.8000/- sft)
4 Office

(an evidence here of to be enclosed)

Assessed / adopted rate of valuation Rs Rs.25000/- Per sqft
5

Estimated value of land Rs Given below

6

VALUATION OF EXISTING PROPERTY

Particulars Area Rate (Rs.) Value(Rs.)
Land 79619 Sqft 199,04,75,000.00 199,04,75,000.00
TOTAL 199,04,75,000.00
(Say) (199,04,75,000.00)

As a result of my appraisal and analysis it is my considered opinion that the present market value of the
Above property in the prevailing condition with aforesaid specifications is Rs. 278,66,65,000.00 (Rupees Two Hundred
And Seventy Eight Crores Sixty Six Lakhs and Sixty Five Thousand only) on date.

The book value of the above property (Land only) Rs 0.00

As of 13 Nov 2014 is

Declaration:
1. The Information furnished in this valuation report is true and correct to the best of my knowledge
and belief and I have made an impartial and true valuation of the property.
2 I have no Direct or indirect interest in the property valued
3 I have personally inspected the property
4 I have not been convicted of any offence and sentenced to a term of imprisonment.

Place :Bangalore
Date Dec 11,2016 (GORUR SRINIVAS)

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