22nd June, 2017

To,

The Manager
Karnali Development Bank Ltd.
Head Office, Nepalgunj, Banke.

Subject: -Valuation Certificate

Dear,
We have submitted here in the attached report regarding property of located at
Radhapur V.D.C. Ward No-3, Banke, which is to be mortgaged to the bank by Mrs. Anita
Bohara.
We here by declare and certify that:
We have physically inspected and verified the property on 21st June,2017
We have no direct or indirect interest in the said property.
The information furnished is true and correct to the best our knowledge and belief.

Hence Rs. 44,82,000.00 (In words Rs. Forty Four Lakh Eighty Two Thousand only)
has been certified as the reasonable replacement value of the said property. However the
commercial value of the property is estimated to be Rs. 48,45,000.00( In words Rs.
Forty Eight lakh Forty Five Thousand only)

Documents are attached here with.

Attachment
1. Valuation Report ..1
2. Boundary Certificate.............................1
3. Cadastral map........................................1
4. Tress Map..............................................1
5. Land Revenue........................................1
6. Lalpurja..................................................1
7. Photographs.1

Thanking you
Sincerely yours

.
Daman Kumar Shrestha
(Engineering Consultant)
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REPORT OF THE PROPERTY VALUATION
1.0 GENERAL INFORMATION:

1.1 Name and Address of the client:

Name : Mrs. Pabitra Bohara.
Address : Radhapur V.D.C.-3, Banke.
Contact Person : Mr.Krishana Bhugai.
Contact No. : 9851036531

1.2 Type of property to be mortgaged

The property to be mortgaged consists of land.

1.3 Type of owner of the property: Freehold

1.4 Owner of the property:

Name of the Owner : Mrs. Pabitra Bohara.
Name of the Husband : Mr. Durga Bahadur Bohara.
Name of the Father in law : Mr. Chhabi Lal Bohara.

1.5 Address of owner : Radhapur V.D.C.-3, Banke.

1.6 Address of the land to be mortgaged:

Kitta No : 175 & 173
Address : Radhapur V.D.C.-3, Banke.
Present Local Authority: Radhapur V.D.C. Office, Banke

1.7 Area of the land as per lalpurja:

As per the copy of land ownership Certificate issued by Ministry of land reform
HMG/N the total area of the land under consideration is as follows
Kitta No. Sq m. Area B.K.D.
175 2795.00
173 1955.00
________ ___________
4750.00 Total:- 0-14-0
1.8 Access and the location of the land:
Under consideration land is located at Radahapur V.D.C.-3, Banke .Detail is shown
in the location map. Proximity to civil Amenities, like School, Campus, Hospital,
Bank, Market, Cultural Center ect. All almost facilities are available within 1.0 Km
radius of the concerned locality. This Area is residential and commercial Built-up
area.
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1.9 Importance of the location:
The under consideration land is located at residential and commercial Built-up
area. All physical facilities like Telecommunication, Transportation, electricity and
water supply are prevail in this area.

2.0 Parameter's of the boundaries:

Boundaries of the lands are as following:
Kitta No. East West North South
175 Road Dev Pd. Budha Durg Bdr Bohara Sita Chhetri
173
Notes: Above mentioned parameters of the boundaries is as per the letter is issued
by Radhspur V.D.C. Office, Banke.

3.0 Legal aspects of the property:

To the best of our knowledge no legal dispute on the land has been recorded. The
Boundary of land is clear and distinct at East, West, and North & South. The
ownership of the land has been confirmed on the basis copy of land ownership certificate, land
revenue receipt, boundary certificate and the field survey conducted by us on 21st June, 2017.

4.0 Possibilities of future Improvement:

The land is located at Radhapur V.D.C.-2, Banke.Value of land is increasing day by day due to
the developing market and increasing land price. Value of land is sure grow in future too.

5.0 Valuation Rate of Land

The commercial value is considered on the basis of prevailing market price ,which are find out
spout interview, Location , shape and approach road (accessibility) to the location, Physical
facilities etc. Government rate is taken as per the land revenue office of Banke.The distress for
valuation rate is determined from 70%for commercial and 30% from government rate, which is
shown in following table.
Kitta Address Commercial Government Distress Rate of
No. Rate Per Rate per valuation per
Kattha(NRs) Kattha(NRs) Kattha(NRs)
173 & 175 Ragdhapur-2, Banke Rs. 4,00,000. Rs.75,000.00 Rs. 3,02,500.00

6.0 Area of the land based on Actual measurement

Measurement of land was carried out on 21st June, 2017
Actual measurement Area = 0-14-0
Notes: Taking area for the valuation from lalpurja area.

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7.0 Value of the land.
Basic factor like prevailing local price of the land, location in this area, shape size, Importance of
the future improvement, current value of buying and selling. Considering all these facts the
commercial rate of the land under considering is per kattha. As per terms of reference of Karnali
Development Bank Limited, the fair rate of the land is determined by considering 70%of the local
rate and 30% of the Government rate. According to the fair rate and area calculation, the valuation
amount comes as follows
Kitta no Area in Distress Rate of Valuation Distress Value of Land
(B-K-D) per Kattha (NRs.)
173 & 175 0-14-0 Rs. 3,02,500.00 Rs. 42,35,000.00
Total Rs. Rs: 42,35,000..00

8.0 SUMMARY OF VALUATION OF PROPERTY

Distress value:
a) Value of land. Rs. 42,35,000.00
Total Rs.42,35,000.00
Commercial Value Say Rs. 42,00,000.0
b) Value of land: Rs. 56,00,000.00
Total Rs. 56,00,000.00
Hence Rs. 42,00,000.00 (In words Rs. Forty Two Lakh only) has been certified as the
reasonable replacement value of the said property. However the commercial value of the
property is estimated to be Rs. 56,00,000.00( In words Rs. Fifty Six Lakh only)

Date: 22nd June, 2017

(Daman Kumar Shrestha)

Engineering Consultant

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REPORT OF PROPERTY VALUATION
---------------------------------------------

Clint: Mrs. Anita Bohara.

Address: Radahpur V.D.C.-2, Banke.

To be submitted:
Karnali Development Bank Ltd.
Head Office, Nepalgunj, Banke

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Prepared By: Shreatha Engineering Consultants
Nepalgunj-13, Pasang Lhamu Marg
Contact: 081-520796 , 9848020530