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Re- Bank of Maharashtra - Valuer Empanelment Jaipur

 
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sugatabiswas



Joined: 23 Sep 2011
Posts: 42

PostPosted: Mon Dec 22, 2014 7:39 am    Post subject: Re- Bank of Maharashtra - Valuer Empanelment Jaipur Reply with quote

Dear friends Please refer 2nd page of attached doc, & also following requirement of bank while submitting report---- "Further, the Reports submitted for immovable properties must clearly state the following:- 1. Date of acquisition of the property by the borrower/ mortgagor. 2. Date on which Non Agriculture status was acquired. 3. Guidance value of the Government for similar property/ Circle Rate. 4. The last four transactions registered before the Registrar for sale of property in the area giving date of transaction and Rate. The following illustrative factors shall be considered to ascertain the valuation of immovable property:- 1. Original cost of the property as reflected in sale agreement deed. 2. Valuation as per government ready reckoners/ reports available especially in urban/ metropolitan areas and basic value registers. 3. Discreet inquiries made from local estate agents as regards prevailing market rates. 4. Newspaper reports. 5. Book value of the property and if any revaluation exercise is carried out by the owners. 6. Tax receipts/ maintenance receipts from Co. Hsg Soc. 7. The market price as per past deals in last six months done in local area as observed from local registration officers/ revenue Talati office. 8. Assessed value for payment of property taxes. 9. Nature of ownership (individual, joint inheritance, corporate, lessee etc) 10. Encroachment free access etc., issues. 11. Realizable value, distress sales value as per assessment of valuer." any remarks ????? Ar. Sugata Biswas Jaipur 0-9950996851


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