Er. C.K.

Patil
B.E. Civil, ME, LMISTE, ISE

Retired HOD Civil Engg. BKIT, Bhalki ;

Ex –Senior Resident Engineer, SVE Society’s Bhalki
President Humnabad Engineer’s Association;
Consulting and Panel Engineer
STATE BANK OF INDIA

[Link]. 25-1191, 25-1192 Heera Nivas, Shivanagar, Humnabad-585330

Cell: 7899996699; Email: [Link]@[Link]

The Institute Of Engineers Reg No. M117759-6. The Indian Society For Technical Education : LM-9405
Association Of Valuer's : A M - 1 0 0 6 3 [Link] :HBD-374588-2022-23

Ref No. : DATE: 03-09-2023

VALUATION REPORT OF AGRICULTURAL LAND

Authority of submission : The Chief Manager
State Bank of India Bhalki,
Udgir Road Branch, Dist. Bidar.

Name of the Owner : Sri. Bansilal S/o Angadrao

R/o Saigaon Tq. Bhalki Dist. Bidar.

Location of the property : Sy. No 196/2 Situated at Village Saigaon

Tq .Bhalki Dist. Bidar.

Near By Land Mark : Situated at Saigaon Village Tq. Bhalki

Dist Bidar.

Nature of the property : Agricultural Land

Distance from City Centre : 20Kms.

Method of valuation : Land and Building.

Valuation of the property : 72,50,000/-

Realisable value (90%) : 65,25,000/-

Distress sale (85%) : 61,62,500/-

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To,

STATE BANK OF INDIA

BRANCH: Udgir Road, Bhalki Dist. Bidar.

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

(To be filled in by the Approved Valuer)

I. GENERAL
1. Purpose for which the valuation is made : To ascertain fair market value of the
Property for bank loan purpose.
a) Date of inspection : 02-09-2023
2.
b) Date on which the valuation is made : 03-09-2023

List of documents produced for perusal

i) : Pahani
3.
ii) :
Name of the owner(s) and his / their address
Sri. Bansilal S/o Angadrao R/o Saigaon
4. (es) with Phone no. (details of share of each :
owner in case of joint ownership) Tq. Bhalki Dist. Bidar.
Brief description of the property (Including
5. : Freehold
leasehold / freehold etc)
Location of property

a) Plot No. / Survey No. : Sy. No. 196/2

b) Door No. : --
6.
c) T. S. No. / Village : Saigaon

d) Ward / Taluka : Bhalki

e) Mandal / District : Bidar

7. Postal address of the property Bhalki

City / Town : Bhalki

Residential Area/ agricultural land : Agricultural

8.
Commercial Area : No

Industrial Area : No

9. Classification of the area :

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 i) High / Middle / Poor : High

ii) Urban / Semi Urban / Rural : Rural

Coming under Corporation limit / Village

10 : Panchayat
Panchayat / Municipality
Whether covered under any State / Central
Govt. enactments (e.g. Urban Land Ceiling
11 :
Act) or notified under agency area / Not applicable
scheduled area / cantonment area
13 Extent of the site : 2 Acre 36 Guntas

Extent of the site considered for valuation

14 : 2 Acre 36 Guntas
(least of 14 A & 14 B)
Whether occupied by the owner / tenant? If
15 Occupied by tenant, since how long? Rent : Owner
received per month.

II. CHARACTERISTICS OF THE SITE

1. Classification of locality Agricultural

2. Development of surrounding areas Agricultural

3. Possibility of frequent flooding / sub-merging Free From Frequent Flooding

Feasibility to the Civic amenities like school,

4. Within the close proximity
hospital, bus stop, market etc.
5. Level of land with topographical conditions Level Ground
6. Shape of land Rectangle

7. Type of use to which it can be put Agricultural

8. Any usage restriction No

9. Is plot in town planning approved layout? NA

10 Corner plot/land or intermittent plot? Intermittent

11 Road facilities Available

12 Type of road available at present Formation Road

Width of road – is it below 20 ft. or more than

13 Greater than 10’ feet road
20 ft.
14 Is it a land – locked land? No

15 Water potentiality Available

16 Underground sewerage system NA

17 Is power supply available at the site? Available

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 Advantage of the site Very Near to the village

1. i. Land Area is Connected with

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the Road
ii. Fertile land
iii. Irrigated land
Part – A (Valuation of land)

Area of land : 2 Acres 36 Guntas

1. Survey No : 196/2

2. Total extent of the land 2 Acre 36 guntas

Prevailing market rate (Along with details
/reference of at least two latest deals/transactions
3. 25,00,000/-Acre.
with respect to adjacent properties in the areas)
Guideline rate obtained from the Registrar’s
4. --
Office (an evidence thereof to be enclosed)
5. Assessed / adopted rate of valuation 25,00,000/ Acre

6. Estimated value of land

2Acre 36 Guntas x25,00,000 =
72,50,000/-

Total abstract of the entire property

Part- A Agricultural Land : 72,50,000/-

Total : 72,50,000/-
Say : 72,50,000/- ( Seventy Two Lakh
Fifty Thousand Only )

As a result of my appraisal and analysis; it is my considered opinion that the present fair market
value of the above land in the prevailing condition with aforesaid specifications is
Rs. 72,50,000/- ( Seventy Two Lakh Fifty Thousand Only ). The Realisable value of the
above property is Rs. 65,25,000/- and the distress value Rs. 61,62,500/-

Place: Humnabad
Date: -03-09-2023
Signature
(Name and Official seal of the Approved Valuer)

The undersigned has inspected the property detailed in the Valuation Report dated 02-09-2023, we are
satisfied that the fair and reasonable market value of the property is 72,50,000/-

Rupees: (Seventy Two Lakh Fifty Thousand Only)

Signature
(Name of the Branch Manager with Official seal)
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 DECLARATION- CUM- UNDERTAKING

I, C K PATIL do hereby solemnly affirm and state that:

a. I am a citizen of India
b. I will not undertake valuation of any assets in which I have a direct or indirect interest or
become so interested at any time during a period of three years prior to my appointment as valuer
or three years after the valuation of assets was conducted by me
c. The information furnished in my valuation report dated is true and correct to the best of my
knowledge and belief and I have made an impartial and true valuation of the property.
d. I have personally inspected the property on 02-09-2023 The work is not sub-contracted to any
other valuer and carried out by myself.
e. Valuation report is submitted in the format as prescribed by the Bank.

f. I have not been depanelled/ delisted by any other bank and in case any such depanelment by
other banks during my empanelment with you; I will inform you within 3 days of such
depanelment.
f. I have not been removed/dismissed from service/employment earlier
g. I have not been convicted of any offence and sentenced to a term of imprisonment
h. I have not been found guilty of misconduct in professional capacity
i. I have not been declared to be unsound mind
j. I am not an undischarged bankrupt, or has not applied to be adjudicated as a bankrupt;
k. I am not an undischarged insolvent
l. I have not been levied a penalty under section 271J of Income-tax Act, 1961 (43 of 1961) and
time limit for filing appeal before Commissioner of Income-tax (Appeals) or Income-tax
Appellate Tribunal, as the case may be has expired, or such penalty has been confirmed by
Income-tax Appellate Tribunal, and five years have not elapsed after levy of such penalty
m. I have not been convicted of an offence connected with any proceeding under the Income Tax
Act 1961, Wealth Tax Act 1957 or Gift Tax Act 1958 and
n. My PAN Card number/Service Tax number as applicable is ADSPP9233F
o. I undertake to keep you informed of any events or happenings which would make me ineligible
for empanelment as a valuer
p. I have not concealed or suppressed any material information, facts and records and I have made
a complete and full disclosure
q. I have read the Handbook on Policy, Standards and procedure for Real Estate Valuation, 2011
of the IBA and this report is in conformity to the “Standards” enshrined for valuation in the Part-
B of the above handbook to the best of my ability

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r. I have read the International Valuation Standards (IVS) and the report submitted to the Bank
for the respective asset class is in conformity to the “Standards” as enshrined for valuation in the
IVS in “General Standards” and “Asset Standards” as applicable
s. I abide by the Model Code of Conduct for empanelment of valuer in the Bank. (Annexure V-
A signed copy of same to be taken and kept along with this declaration)

t. I am registered under Section 34 AB of the Wealth Tax Act, 1957. (Strike off, if not applicable)

u. I am valuer registered with Insolvency & Bankruptcy Board of India (IBBI) (Strike off, if not
applicable)
v. My CIBIL Score and credit worthiness is as per Bank’s guidelines.

w. I am the proprietor / partner / authorized official of the firm / company, who is competent to
sign this valuation report.

x. I will undertake the valuation work on receipt of Letter of Engagement generated from the
system (i.e. LLMS/LOS) only.
y.

Sl.
Particulars Valuer comment
No.

Situated at Village Saigaon

1 Background information of the asset being valued;
Tq. Bhalki Dist. Bidar

Security for Bank loan. The

Chief Manager State Bank of
2 Purpose of valuation and appointing authority
India, Branch Udgir Road.
Bhalki, Dist. Bidar.
C K PATIL.
Identity of the valuer and any other experts involved in the
3 Consulting Engineer and
valuation;
Empanelled Valuer of SBI
No any interest involved.
4 Disclosure of valuer interest or conflict, if any;
No any conflict of interest
5 Date of appointment, valuation date and date of report; 02-09-2023, 03-092023

6 Inspections and/or investigations undertaken; Personally Undertaken

The market survey and

7 Nature and sources of the information used or relied upon;
SRO Guide line rates.

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 8 Procedures adopted in carrying out the valuation and Market approach
valuation standards followed;
(Land and building)
9 Restrictions on use of the report, if any; The report has to use only for
Bank purpose.
10 Major factors that were taken into account during the The location of the property.
valuation; The marketability of the
Property.

11 Caveats, limitations and disclaimers to the extent they The market value mentioned
explain or elucidate the limitations faced by valuer, which in the report may differ 10%
shall not be for the purpose of limiting his responsibility for
based on market conditions.
the valuation report

Date: Humnabad
Place: 03-09-2023

Signature

(Name of the Approved Valuer and Seal of the Firm / Company)

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Photograph of GPS (Altitude & Latitude)

Photograph of Building
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