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How to prepare Site & Building Valuation report.

VALUATION REPORT OF N.A PLOT & EXISTING BUILDING

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A) Name of the Property Holder:  Owner Name

 

B) Location of Land: Address of Site / Building 

 

C) Type of Land: N.A Site with Existing Building

 

D) Land/Site Area : :  0 Acres & 1 Guntas 14.75 Anna =  1665 Sq.ft

 

E) Market Value: 2700 Rs/ Sq.ft

 

F) Total Cost of Site = Total Site Area X Market Value

= 1665 Sq.ft X 2700 Rs / Sq.ft = 44,95,500 /-

G) Builtup Area of Existing Building :  803.3 Sq.ft

 

H) Present Construction Cost = 2200 Rs / Sq.ft

 

I) As Building is built in the year 1996, it’s been 24 Years,

Construction Cost after depreciation of 20 % = 1830 Rs / Sq.ft


J) Total Valuation of Building = Total Builtup Area X  Construction Cost

    = 803.3 Sq.ft X  1830 Rs / Sq.ft = 14,70,039 /-

 

Total Cost of Site & Existing Building ( F + J) = 59, 65,539/-

                                                                                                                                   

                                               SAY RS: 59, 66,000/-

 

 

(RUPEES FIFTY NINE LAKHS AND SIXTY SIX THOUSANDS ONLY)

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