Er.P.RAJAPANDIBEMIE.,AIV.,PgD(QS&Val).

,
{An Eagle Eye Vision} Chartered Engineer, RegdPanelValuer,
MLPA (RE-Gr.II)Consulting Civil Engineer,
Cell : 709 444 3244 & 96550 15550 Regd.Valuer for IncomeTax&
E-Mail:[email protected] Wealth Tax No.483/04/CC/MDU/TECH/2022-2023
--------------------------------------------------------------------------------------------------- ------------
No: 21, 1st Floor, Meenakshi Garden 1st Cross Street, Athikulam, Madurai - 625014.

Residential Valuation Report

(A Professional opinion on the value of a property for a specified purpose)

To,
The Manager,
Bajaj Finance Ltd,

Referred by : Home Plus Finance Pvt Ltd

LAN No/SFDC No : SME000014816978

Owned & Applied by : Mr.S.Gandhi & Mrs.Mareeswari

Market Value : Rs.19,50,000/-

Date of submission : Jan/23/2025

Panel Valuer : Er. P.RajaPandi BE.,CE.,MIE.,AIV.,

Digitally signed by RAJAPANDI P
RAJAPANDI P Date: 2025.01.24 11:57:34
+05'30'
 Home plus Finance (P) Ltd
Valuation Report
TECHNICAL APPRAISAL REPORT FOR HOUSE/FLAT/LAND Loan Type Lap
Application /File No SME000014816978

Name of the Customer / Borrower Mr.S.Gandhi

Name of the Co-Applicant Mrs.Mareeswari

Name of the Property owner Mr.Gandhi

House No /Door No / Plot No Door No:1/629(House tax),1/627(EB)

Street North Street

Location / Village Name Nathathupatti, Ayan Melamadai Village

Wing Name & No --

Ward Name & No Ward No:1

Punjai Svy No:512/1B1A, Ayan Melamadai Village, Sathur
Legal Address of the property
SRO & Taluk, Virudhunagar District

Pin code 626202

Building Name -

Floor No Ground Floor

City Sivakasi

State Tamil Nadu

Distance from nearest Branch 30.3Kms

Distance from nearest City /
2.7Kms Distance From Irukkankudi Bus Stand
Name of the City
Land Mark Nearby Sri Kalaiyar Kovil

Latitude 9.352925

Longitude 77.987647

Unique property ID -

Type of Property (House / Plot / Land) Residential Building (Self Occupied)

Address Matching Yes / No Jurisdiction/ Local Municipal body

RAJAPANDI P Digitally signed by RAJAPANDI P

Date: 2025.01.24 11:59:35 +05'30'
2
 BOUNDARY MEASUREMENT DETAILS AS PER DOCUMENTS;

Measurement as per Measurement as per Reasons for difference,

Direction
Document Site if any

1. North/ North-
NA 36’6” -
East/North-West
2. East/ South-
NA 37’9” -
East/North-East
3. South/ South-
NA 36’6” -
East/South-West
4. West/ South-
NA 37’9” -
West/North-West
Gift to Road -
FOUR-SIDE OWNERSHIP DETAILS :
Reasons for
Direction
As per Document As per Actual Site difference, if any
1. North Krishnan Land Pathway & Vacant Land -
2. East Krishnan Land Vacant Land -
3. South S.Samuthirapandi Land Vacant Land -
S.Chinnakrishnan Part
4. West -
Land Vacant Land
Boundary Matching Yes

Considered prevailing Market Rate Rate: Rs.600/Sqft

Ground Floor 1st Floor
2ndFloor 3rd Floor
Area considered for Valuation (RCC)
1. Area Land / Value per Sqft 1308.0Sqft - - -

Area of construction / value per Sqft 688.0Sqft - -

2. -
3. Age of the Building 5 Years Old Depreciation Rate Rs.150/-
Govt Guideline value
Value per Sqft after Depreciation GF(RCC) =Rs.1650/Sqft Rs.78,480/-
4. @Rs.60/Sqft
Market value of
Market value of the Building GF(RCC) =Rs.11,35,200/Sqft Rs.7,84,800/-
5. Land

6. Amenities Value Rs.30,000/-

7. Distress Sale value (75%) Rs.14,62,500/-

Market value as on the date of inspection Rs.19,50,000/-

8.
Notional Rent Value (Per Unit) Rs.1500-2000/Month
9.
Whether plan has been approved by
Yes / No
10. competent authority

Digitally signed by RAJAPANDI P

RAJAPANDI P Date: 2025.01.24 11:59:48
+05'30' 3
 if No, specify reason -

11. Property Description eg. 1BHK, 2BHK etc) GF(RCC)=3BHK+1Toilet

12. No of Rooms: 5Rooms No of Toilets:1

Is construction progressing according to
NA
13. sanction plan
14. if not, whether revised sanction plan NA

15. Compounding plan is necessary NA

Please state whether in your opinion the
construction of the property may be treated Yes
16. as a single unit
Property
Is it well maintained Good Yes
17. Identifies

18. Risk of demolition HIGH / MEDIUM/ LOW

19. Yes Framed Structure / Load bearing Structure

RCC/ACC/Madras Terrace Roof / /Thatched roof /Sloped Tiled Roof
Roof Type
20. &Galvalume Sheet

21. Road width 6 Feet Wide Mud Road

22. Age of property 5 Years Old

23. Residual life 55 Years

24. Actual Usage of Property Residential

25. Land Freehold or Lease Hold Freehold

26. Stage of Construction 100%

Any demolition threat in future
-
27. development/ expansion
28. Name of the Builder /Society -

Marketability Poor/Fair/GOOD/Very Good

29.

Infrastructure:
1. Electricity and water connection Yes & Bore well Water

2. Electricity Distributor Govt Semi Govt Private

3. Drainage system/Piped Sewage/soak pit Yes No of lifts 0

4. Transport Facility Yes

(please indicate the distance at which they are
5. available from the property / plot -
Property is on 90Mtrs distance approximately From the
Motorable road whether upto property
6. Irukankudi Main Road
Property is on 10.1Kms distance approximately From the
Motorable Distance from Highway Road
7. Sivakasi-Sattur Road

8. Schools/Hospitals/Market Complex etc. Yes

RAJAPANDI P Digitally signed by RAJAPANDI P

4 +05'30'
Date: 2025.01.24 12:01:09
9. Neighboring habitat Residential Buildings
Is there any adverse feature like slum,
graveyard, crematorium (non electric), NO
10. dumping ground etc are near by the site?
if Yes, pl specify distance from property then
11. -
not acceptable
Any other favorable / adverse feature
12. NO
regarding the property/surrounding areaetc
13. Is it surrounded by factory, godown etc.? NO
14. Y/N, if Yes then not acceptable -
Is property in a residential area where major
Housing/commercial complex, market
15. complex, schools are in the surroundings YES
apart from the availability of electrical,
telephone connection in the area?
Development of Surrounding areas to Developed
Under Developing
16. property (over 80% units
(Less than 80% units occupied)
occupied
17. % of Development 60%
18. Layout Plan details: NA
19. Construction Plan details: NA
20. Plan validity NA
21. Approving Authority NA

22. Approved usage NA

Is this building comply the norms of National
23. NA
Disaster Management Authority Guidelines
Date of Visit 09.01.2025
Name of the person contacted at site (if any) Mr.Gandhi-9384320698
Name of nearest Bus Stop/Railway Station Nathathupatti Bus Stop
Recommended for disbursement for an
As per Policy
amount of
I have no direct or indirect interest in the
No
property being valued
Valuer has to ask for Identify Proof of the
NA
Owner present at the time of valuation
Legend 1(for Property Identification in the
Yes, Kalaiyar Kovil is Observed nearby the Property
neighborhood)

Digitally signed by RAJAPANDI P

RAJAPANDI P Date: 2025.01.24 12:02:02
+05'30'

5
 1

I hereby declare that

Our associate Er.P.Rajapandi has personally inspected the property on 09.01.2025

The
2 information furnished in the report is true and correct to the best of my knowledge and belief.

The
3 names of Customer / Builder are taken as per technical and papers received with the technical and we do not
take any liability regarding the same, title clearance of the Property.

Validity
4 of the Value worked out regarding the concerned property is as on Date of the Report. Additional value is given
for extra work of immovable items.

Date: 23.01.2025 (Authorized Signatory)

Signature of Appraiser with stamp

Digitally signed by RAJAPANDI P

RAJAPANDI P Date: 2025.01.24 12:02:29
+05'30'
Geo Map

6
 ANNEXURE– I

Name of the Customer/Borrower Mr.S.Gandhi & Mrs.Mareeswari

SPECIFIC DETAILS OF DEVIATION AT SITE
As per % of
DETAILS Approved Plan As at Site Deviation Deviation
33 Total Plot Area (Sqft) 1308.0
No.of Floors
No. of Units 1
TotalBuiltup area
GF(RCC) 688.0

Permissible area as per plan -

Land Component -
Permissible FSI 2.0
Permissible construction as per FSI -
140% of permissible construction 2.8
Actual construction 688.0
FSI violation in % -
Ground Coverage Ratio (in %) 52.59%
Setbacks
Front

Rear
Left
Right
During Site Visit ;
Remarks: * Subject Property is 5 Years Old Residential Building is located at North Street,
Nathathupatti, Ayan Melamadai Village, Along Irukankudi Road, Virudhunagar District & it
comes under Nathathupatti Gram Panchayat Limit.
* As per Document Land Extent is 1308Sqft, but as per Site Land Extent is 1377Sqft. As per
Site BUA of GF(RCC)=688Sqft. As Per Site FSI is 0.52. Hence we considered Least Deed Land
Extent &Actual Site BUA-RCC for Valuation.
*Door numbers are differing from given House Tax(1/629) & EB(1/627) receipt. Hence we
need Internal Tech approval for before any disbursement. Hence credit makes a note of it.
*A Photocopy of VAO Letter is produced for Four Boundary and it Attached Page No:10 of
this Report.
A photocopy Documents produced for valuation
* A Photocopy of Gift Settlement Deed is Produced in favour of Mr.Gandhi Vide
Doc No: 5405/2018 Date: 25.10.2018
*Electricity Consumer No: 07-246-017-1798 in the Name of Mr.K.Gandhi
*Property Tax Assessment No: 1202(2024-2025) in the Name of Mr.K.Gandhi
*During The Property Visit Customer Mr.K.Gandhi (Aadhaar 5563 3818 7794) & his Contact
No:9384320698 met at the property and it was clearly explained to him that the property
visit is being done for the valuation purpose in relation loan proposal with
HOME PLUS FINANCE PVT LTD for which the property would be treated as security.

RAJAPANDI P Digitally signed by RAJAPANDI P

7
Date: 2025.01.24 12:03:36 +05'30'
 GLR
Applicant Name Mr.S.Gandhi & Mrs.Mareeswari

RAJAPANDI P Digitally signed by RAJAPANDI P

Date: 2025.01.24 12:04:14 +05'30'
 Digitally signed by RAJAPANDI P
RAJAPANDI P Date: 2025.01.24 12:05:02
+05'30'
9
VAO LETTER

Digitally signed by RAJAPANDI P

RAJAPANDI P Date: 2025.01.24 12:09:20
+05'30'

10