Ref: v/c2/2000 Date: 14/12/2000

VALUATION REPORT OF A RESIDENTIAL LAND & BUILDING AT House No.254, Bahadurganj, Allahabad.

Owner: Mr. Ramesh Kumar Jaiswal s/o Mr. Hiralal Jaiswal

Introduction: This Valuation has been worked out on the request of Mr. Ramesh Kumar Jaiswal.

Situation: House No.254, Bahadurganj, Allahabad.

Purpose: For bank purpose

Valuation Date: 14th December’ 2000.

Age of Construction: More than 1 year

Description Of The Property: Attached plan shows the details of the property to be valued. Following accommodation
is provided in the building:

At the Ground floor: Two bedroom, one kitchen, one courtyard, one water closet, one bathroom and front setback.

Plot Area=80.80 m2 and ground floor Covered Area=76.80 m2.

The building is constructed to the average specifications. All BW is in c.m., c.c. flooring, Flagstone flooring,
wooden D/W in Sal Wood, concealed wiring, c.m. plastering with whitewashing etc. It is in average maintained condition.
The building is self occupied.

At the First floor: Two bedroom, one kitchen, one open to sky, one water closet, one bathroom.

First floor Covered Area=76.80 m2.

The building is constructed to the average specifications. All BW is in c.m., c.c. flooring, Flagstone flooring,
wooden D/W in Sal Wood, concealed wiring, c.m. plastering with whitewashing etc. It is in average maintained condition.
The building is self occupied.

VALUATION

Land Rate And Building Construction Rate:

Circle land rate for residential use fixed by D.M. Allahabad for the area of property in Bahadurganj, Allahabad is
Rs.6000.00 per m2.

The plinth area rate adopted for calculating the cost of the building has been derived from the plinth area rate
fixed by UPPWD w.e.f. on 01.01.1995 for the similar buildings, by increasing it suitably due to rise in the rates of
materials and labour from 01.01.1995 to the period of construction. Similarly deductions have been made for the items
not provided at all or provided with inferior specifications than in the standard designs.

The rate of other items are based on the UPPWD rates current at the time of construction and are in
consistence with their specification. After calculating the reproduction cost of the building on the date of valuation, its
depreciated value is calculated on the date on basis of future date. The final building rate adopted for determining
the value of the building has been considered keeping all above points in view.

(i) Value of The Land

80.80 m2 @ Rs. 6000/- per m² = Rs.484800.00

(ii) Value of The Building Constructed At Ground Floor (no depreciation)

76.80 m2 on G.F. @ Rs.4000.00 per m2 = Rs.307200.00

(iii) Value of The Building Constructed At First Floor (no depreciation)

76.80 m2 on F.F. @ Rs.3600.00 per m2 = Rs.276480.00

Head Office: 11B/9, Tashkand Marg, Madhopur, Civil Lines, Prayagraj (UP). PIN: 211001 1
Value Of The Property

= (Value of the Land)+(Value of the Building At Ground Floor)+(Value of the Building At First Floor)

=Rs. (484800.00+307200.00+276480.00) = Rs.1068480.00

[Rupees Ten Lac Sixty Eight Thousand Four Hundred Eighty Only]

DATE : 14-12-2000

PLACE : ALLAHABAD

1. About the Valuation:

By virtue of my appointment as ‘Valuer’, I hereby state as follows. On invitation by Mr. Ramesh Kumar Jaiswal
s/o Mr. Hiralal Jaiswal, property was inspected by me on 06.12.2000 to evaluate its value in December’2000. This report
is fully based on the documents, facts and figures supplied by Mr Ramesh Kumar Jaiswal. The value of the property is
calculated in accordance with the actual measurements taken at the site by me during inspection of the property. If at any
stage any documents/details connected with the ownership of the property on the date of valuation is found illegal/false, I
shall not be responsible at all. The loaning authority must verify the legal ownership of the property upto their full
satisfaction.
Verifications in respect of most of the materials used in the construction were also made during inspection of the
property. This report is only valid if the declaration given on last page is signed by the owner/owners.

2. Fair Market Value

It represents the price which might reasonably be settled between a willing seller or vender and a willing buyer in an
open market, both being free from any outside compulsion. Market value depends on the following factors:

(i) The market value

The market value of a property changes from time to time . It directly depends on the forces of supply and
demand and it will be adjusted to a price where the forces of supply tends to equal the forces of demand.

(ii) Willing Seller

The owner of the property should be willing to sell his property and should not be obliged or forced to sell it.
When the owner is not willing to sell, its market value cannot be correctly fixed.

(iii) Sentimental Value

Sometimes some sentiments or feeling of owner is attached to the property and because of such sentiments, he
will not be ready to part with the property even when fancy price is offered to him.

(iv) Willing Buyer

The buyer of the property should not only willing but he should also be capable for purchasing i.e. he must have
sufficient money with him . In any case he should not be an anxious buyer. Because in such situation he may offer even
more than the market value and in such case, the value of the property will not represent its true market value.

(v) Prudent Purchaser

The willing purchaser should be prudent which means, he should have full knowledge of the existing condition
of the property with all its advantages and disadvantages of the defects and the potential value of the property.

(vi) Open Market

The sale of property should take place in an open market by observing the principles of fair business
prevailing in the locality.

(vii) Nature
The market value of the property may go up at some places and may go down at other places , due to
miscellaneous reasons such as changes in fashions, means of transport, population movements, changes in
environments, changes in industry etc.

(viii) Special Circumstances

Due to certain special circumstances when the owner of the property has to sell his property within a fixed

Head Office: 11B/9, Tashkand Marg, Madhopur, Civil Lines, Prayagraj (UP). PIN: 211001 2
period due to any reason for example, for repaying his loans, marriage of his children/wards, to meet study expenditure,
for shifting to other places, for investment of money in his business etc. he will mostly get less than the market value
because in such cases less purchaser will be available who can arrange money at shorter notice.

DECLARATION BY THE OWNER/OWNERS

1. I/ We have requested the valuer to prepare this report on my/ our own risk.

2. This report is totally based on the documents and details furnished by me/us.

3. If at any stage any document/detail connected with the ownership of the property on the date of the valuation is
found illegal/false, I/We shall be fully responsible for the same. This valuer Er Vinay Shanker Shukla is not responsible
at all in any way.

Sign Of The Owner:

Name Of The Owner: Ramesh Kumar Jaiswal.

Enclo.

1. Valuation Report
2. Plan of the Property

Head Office: 11B/9, Tashkand Marg, Madhopur, Civil Lines, Prayagraj (UP). PIN: 211001 3