JSS MAHAVIDYAPEETHA, MYSORE

JSS ACADEMY OF TECHNICAL EDUCATION, BENGALURU-560 060

DEPARTMENT OF CIVIL ENGINEERING

ASSIGNMENT 2

OF SUBJECT

QUANTITY SURVEYING AND CONTRACT MANAGEMENT

(18CV71)

ON

“VALUATION OF A RESIDENTAL BUILDING”

By

BHARATH J
(1JS18CV013)

Under guidance of

Dr. SHASHIKUMARA S R
Assistant professor
Department of civil engineering
 VALUATION
REPORT OF
RESIDENTIAL BUIDLING
AT SITE NO.265, NANJAPPA LAYOUT, SHANATHI NAGAR,
BANGALORE - 560027, WARD NO. 117
 CONTENT OF THE REPORT

Sl.No. Description Page Number

1.0 Preamble 1

2.0 Location of scheduled property 2

3.0 Floor details 2

4.0 Construction materials 4

5.0 Value of the property 5

6.0 Pictorial details 6

1.0 Preamble:

The schedule property is a residential building at site no..2724/2462/11/265, (265 and 265A, Old

survey No. 10/3 & 10/5) JC NAGAR, Bangalore - 560086, ward No. – 105. It is a freehold

property with total plot area 1878 Sft and 4954 Sft floor area.

Name of the present Owners Mr.Prasad, Mr. Sudarshan & Mrs. Archana
Residing at
No.379, Bangalore -560027, Ward No. 117

Purpose To assess the value of building for the Income tax return
purpose.
Type of property Freehold property
Reference Mr. Prasad
Date of Inspection 10th october,2022
Person/s Accompanying Owner
Inspection
Identification of the Property Opposite Nanjappa manor
Site No. 265 and 265A
Survey No 10 (Old Survey No. 10/3 & 10/5)
Name of the Street 5th Cross, ullal
Schedule of Property East to West 40’0”
North to South 47’+38'=85’ 0”
East : Site No. 145
West : Road
North : Road
South: Site No. 119
Total Site Area 1878 Sft
No. of Floors Stilt +G.F.+2
Total Floor Area 4954 Sft
Type of Structure R.C.C Framed
Type of Flooring Italian Marble, Granite, ceramic and parking tiles.
 Age of Building 2 years
Residual Life 60 Years
Property Tax Payable
Type of Occupancy Self occupied
Class of Construction Very Good
Classification of Land Residential
Marketability Good
Current market value of site Rs. 6,500 – 7,500
during valuation

2.0 Location of scheduled property:

The scheduled property is located in 5th cross of nanjappa layout, shanthi nagar

Bangalore - 560027, ward No. – 117. The landmarks nearby are temple, svk kalyana mantap.

The location map is shown in figure 01.

Figure 01. Location details of scheduled property

3.0 Floor details:

Total plot/site area is 1878 Sft. The building consists of stilt floor, ground floor, first
Floor and second floor. The total floor area is 4954 Sft. Stilt floor is completely kept vacant and

using for vehicle parking. It is a dwelling house with internal staircase, bedrooms, kitchen and

attached bathrooms in all bedrooms. Italian marble used for flooring in all the floors. From the

visual inspection, it is can be concluded that, the building is a framed RCC structure with good

quality maintained during construction. Part of the floor area at second floor is opened to terrace.

4.0 Construction materials:

Good quality construction materials are used in the construction.

 River sand used for mortar, both for rendering and bonding,

 Table mould burnt brick are used for walls and compound wall.

 Site mix cement concrete is used for columns, beams, slabs and other RCC work.

 Italian marble is used for flooring in all floors.

 Slit floor flooring is provided with 10 mm thick parking tiles.

 Bathrooms are laid with vitrified tile on wall and antiskid tile on flooring.

 First quality teak wood used for all windows, door and ventilator. (both for frame and

shutter). All window shutters are polished inside and painted outside.

 Teak wood railings with stainless steel vertical support are provided for internal

staircase. Stainless steel railings with 8mm thick glass panels are provided at all

balconies.

 At second floor aluminum and M S frames and shutter are installed to access the terrace.

 Good quality emulsion paint and weatherproof paint are used for inside and outside

painting respectively.

 M S compound gate and shutter are used at stilt floor.

 Fully furnished, false ceiling with veneer decoration, glass decoration at dining Hall.

 Good quality plywood wardrobes at all living rooms.

  Kitchen is provided with Italian style fittings.

 Good quality electrical and sanitary fittings and workmanship.

5.0 Value of the property:

The property bearing is freehold property with clear title deed and other legal documents.

It is having a total area of 1879 Sft. Construction of residential house is approved by the O/o

Assistant Director, Town Planning, Wilson Garden sub division, BBMP (South) vide permit-

Suvarna paravanige L.P no. Add.Comm./RTH/0612/11-12, Dated 10.12.2016. The building is

consist of stilt floor, ground floor, first Floor and second floor. The total floor area is 5450 Sft.

Workmanship and quality of construction materials are good. Based on the records and details

collected during site visit, it can be concluded that the construction value is around. Rs. 2,650

per Sft, which includes the cost of civil work, electrical, sanitary and interior. The details of the

valuation of building are as below:

Stilt Floor Area 1400 Sft

G.F. Floor Area 1400 Sft

F.F. Floor Area 1400 Sft

S.F. Area 1250 Sft

Total Floor Area 4954 Sft

Present cost of construction
Rs. 2,650 per Sft
(Including civil, electrical and interiors)
Total cost of construction Rs. 1,44,42,500=00

Depreciation at 5% for two years Rs.7,22,125=00

Total value of Building Rs. 1,37,20,375=00

 The total value of building/scheduled property as on sixth day of April month two

thousand fifteen is One Crore seventy Lakhs Twenty Thousand Three Hundred and Seventy

Five.

DRAWING OF THE PROPERTY

6.0 Pictorial details
END OF REPORT