MIRA INFORM REPORT

 

 

Report No. :

342320

Report Date :

23.10.2015

 

IDENTIFICATION DETAILS

 

Name :

STAR ACADEMY SANSTHAN

 

 

Registered Office :

Ward No. 22, Near Railway Phatak, Bakara Road, Jhunjhunu – 333001, Rajasthan

Tel. No.:

91-1592-250221

 

 

Country :

India

 

 

Financials (as on) :

31.03.2015

 

 

Date of Establishment :

11.08.2014

 

 

Capital Investment :

Rs. 3.220 Million

 

 

PAN No.:

[Permanent Account No.]

AAOTS3722K

 

 

Legal Form :

Corporate Society registered under 74/JJN/2014-15 under Registrar of Society Jhunjhunu Rajasthan under Society Act.

 

 

Line of Business :

Subject is engaged in Providing Educational Activities and Running School with name the “The Star Academy”.

 

 

No. of Employees :

25 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

 

PROPOSED CREDIT LINE

-

NB

                                       New Business

-

 

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject was established as cooperate society registered under 74/JJN/2014-15 dated 11th August 2014 under Registrar of Society Jhunjhunu. Subject is engaged into providing educational services from Nursery to S.S.C. with student’s strength of 570 under school name of “The Star Academy”.

 

Mr. Akhtar Ali, Secretary has provided information to us and informed us that the activities of the society has been started from April 2015.

 

As per the financial for the year ended 31st March, 2015 the subject has incurred net loss of Rs.0.036011 Million.

 

Payment terms are unknown.

 

In a view of aforesaid, the society can be considered for business dealings on safe and secure terms and conditions. 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

EXTERNAL AGENCY RATING

 

NOT AVAILABLE

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2015.

 

 

INFORMATION PARTED BY

 

Name :

Mr. Akhtar Ali

Designation :

Secretary 

Contact No.:

91-9928082621

Date :

13.10.2015

 

 

LOCATIONS

 

Registered Office :

Ward No. 22, Near Railway Phatak, Bakara Road, Jhunjhunu – 333001, Rajasthan, India

Tel. No.:

91-1592-250221

Mobile No.:

91-9928082621 [Mr. Akhtar Ali]

Fax No.:

91-1592-250221

E-Mail :

staracademyjjn@gmail.com

Area :

11000 Sq. ft.

 

 

MEMBERS

 

Name :

Mr. Barkat Ali

Designation :

Chairman

Address :

B/H Bank of India, Ward No 10, (New Ward 18), Road No 01, Jhunjhunu - 333001, Rajasthan, India

Date of Birth/Age :

01.12.1971

Qualification :

12th Pass

Experience :

3 Years

PAN No.:

AAVPA5038R

 

 

Name :

Mr. Akbar Ali

Designation :

Treasurer

Address :

B/H Bank of India, Ward No 10, (New Ward 18), Road No 01, Jhunjhunu - 333001, Rajasthan, India

Date of Birth/Age :

09.06.1984

Qualification :

MA

Experience :

9 Years

PAN No.:

AHDPA5628C

 

 

KEY EXECUTIVES

 

Name :

Mr. Akhtar Ali

Designation :

Secretary

Address :

B/H Bank of India, Ward No 10, (New Ward 18), Road No 01, Jhunjhunu - 333001, Rajasthan, India

Date of Birth/Age :

15.07.1981

Qualification :

12th Pass

Experience :

4 Years

PAN No.:

AGBPA6932C

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in Providing Educational Activities and Running School with name the “The Star Academy”.

 

 

Brand Names :

--

 

 

Agencies Held :

--

 

 

Exports :

--

 

 

Imports :

--

 

 

Terms :

--

 

 

GENERAL INFORMATION

 

Suppliers :

Reference:

--

Name of the Person (Designation):

--

Contact Number:

--

Since how long known:

--

Maximum limit dealt:

--

Experience:

--

Remark

--

 

 

Customers :

Reference:

--

Name of the Person (Designation):

--

Contact Number:

--

Since how long known:

--

Maximum limit dealt:

--

Experience:

--

Remark

--

 

 

No. of Employees :

25 (Approximately)

 

 

Bankers :

Bank Name:

Bank of India

Branch:

Jhunjhunu Branch, Rajasthan, India

Person Name (with Designation):

Mr. Manoj Kumar [Credit Manager]

Contact Number:

91-9426064586

Name of Account Holder:

Star Academy Sansthan

Account Number:

662620110000176

Account Since (Date/ Year of A/c Opening):

11.08.2014

Average Balance Maintained (Optional):

Rs. 0.010 Million

Credit Facilities Enjoyed (CC/OD/Term Loan):

No Facilities

Account Operation:

Satisfactory

Remarks:

Society has maintained current account with Jhunjhunu Branch, since 2014 with account no. 662620110000176 and conduct of account are satisfactory. 

 

 

Facilities :

--

 

 

 

Auditors :

 

Name :

Jimmy Modi and Company

Chartered Accountants

Address :

G-32, Indira Nagar, Behind Keshav School, Jhunjhunu – 333001, Rajasthan, India

Tel. No.:

91-1592-232828

Mobile No.:

91-9314344733

E-Mail :

cajimmymodi@gmail.com

Website :

www.cajimmymodi.com

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Sister Concerns :

·         Bharat Photo Studio and Running business with own shop situated at Road No. 01, Near BOI Jhunjhunu enjoying CC limit of Rs. 0.250 Million with BOI 626301100000030 since 2011. Mr. Akhtar Ali Proprietor of the firm.

 

Bharat Computers (Wholesale and Retail trading of computers and computers parts) running business with own shop situated at Road No. 01, Near BOI Jhunjhunu maintain current account with BOI Mr. Akbar Ali is Proprietor.

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2015

 

Capital Investment :

 

Owned :

Rs. 3.220 Million

Borrowed :

--

Total :

Rs. 3.220 Million

 


 

FINANCIAL DATA

[all figures are in Rupees Million]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

 

 

31.03.2015

SHAREHOLDERS FUNDS

 

 

 

1] Capital Account

 

 

3.220

2] Share Application Money

 

 

0.000

3] Reserves & Surplus

 

 

0.000

4] (Accumulated Losses)

 

 

(0.036)

NETWORTH

 

 

3.184

LOAN FUNDS

 

 

 

1] Secured Loans

 

 

0.000

2] Unsecured Loans

 

 

0.000

TOTAL BORROWING

 

 

0.000

DEFERRED TAX LIABILITIES

 

 

0.000

 

 

 

 

TOTAL

 

 

3.184

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

 

 

3.150

Capital work-in-progress

 

 

0.000

 

 

 

 

INVESTMENT

 

 

0.000

DEFERRED TAX ASSETS

 

 

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

 

 

0.000

 

Sundry Debtors

 

 

0.000

 

Cash & Bank Balances

 

 

0.034

 

Other Current Assets

 

 

0.000

 

Loans & Advances

 

 

0.000

Total Current Assets

 

 

0.034

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditors

 

 

0.000

 

Other Current Liabilities

 

 

0.000

 

Provisions

 

 

0.000

Total Current Liabilities

 

 

0.000

Net Current Assets

 

 

0.034

 

 

 

 

MISCELLANEOUS EXPENSES

 

 

0.000

 

 

 

 

TOTAL

 

 

3.184

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

 

 

31.03.2015

 

SALES

 

 

 

 

 

Sales

 

 

0.000

 

 

Other Income

 

 

0.000

 

 

TOTAL                                    

 

 

0.000

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Indirect Expenses

 

 

 

 

 

Other Expenses

 

 

0.009

 

 

Printing and Stationery

 

 

0.020

 

 

TOTAL                                    

 

 

0.029

 

 

 

 

 

 

PROFIT BEFORE DEPRECIATION AND AMORTISATION

 

 

(0.029)

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                    

 

 

0.007

 

 

 

 

 

 

NET PROFIT/ (LOSS)

 

 

(0.036)

 

 

KEY RATIOS

 

PARTICULARS

 

 

 

 

31.03.2015

Net Profit Margin

(PAT / Sales)

(%)

 

 

0.00

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

 

 

(1.13)

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

 

 

(0.01)

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

 

 

0.00

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

 

 

0.00


 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check list by info agents

Available in Report

(Yes/No)

1

Year of establishment

Yes

2

Constitution of the entity -Incorporation details

Yes

3

Locality of the entity

Yes

4

Premises details

Yes

5

Buyer visit details

--

6

Contact numbers

Yes

7

Name of the person contacted

Yes

8

Designation of contact person

Yes

9

Promoter’s background

Yes

10

Date of Birth of Proprietor / Partners / Directors

Yes

11

Pan Card No. of Proprietor / Partners

Yes

12

Voter Id Card No. of Proprietor / Partners

No

13

Type of business

Yes

14

Line of Business

Yes

15

Export/import details (if applicable)

No

16

No. of employees

Yes

17

Details of sister concerns

Yes

18

Major suppliers

No

19

Major customers

No

20

Banking Details

Yes

21

Banking facility details

No

22

Conduct of the banking account

Yes

23

Financials, if provided

Yes

24

Capital in the business

Yes

25

Last accounts filed at ROC, if applicable

Yes

26

Turnover of firm for last one year

Yes

27

Reasons for variation <> 20%

--

28

Estimation for coming financial year

Yes

29

Profitability for last one year

Yes

30

Major shareholders, if available

No

31

External Agency Rating, if available

No

32

Litigations that the firm/promoter involved in

--

33

Market information

--

34

Payments terms

Yes

35

Negative Reporting by Auditors in the Annual Report

No

 

 

 

 

------------------------------------------------------------------------------------------------------------------------------

 

COST OF PROJECT

 

(RS. IN MILLION)

 

SR. NO.

PARTICULARS

2015

 

 

 

1

Building

Building situated at Near Bakara Phatak, Jhunjhunu

10.025

 

 

 

2

Indigenous Plant and Machinery

Computer Lab

0.250

 

 

 

3

Furniture and Fixture

2.125

 

 

 

 

Total

 

12.400

 

------------------------------------------------------------------------------------------------------------------------------

 

MEANS OF FINANCE

 

(RS. IN MILLION)

 

SR. NO.

PARTICULARS

2015

 

 

 

1

Promoters and Owners Contribution

Promoters Contribution

3.400

 

 

 

2

Proposed Loan

Bank of India

9.000

 

 

 

 

Total

 

12.400

 

------------------------------------------------------------------------------------------------------------------------------

 


CALCULATION OF DSCR

 

(RS. IN MILLION)

 

PARTICULARS

31.03.2016 Estimated

31.03.2017

Projected

31.03.2018

Projected

31.03.2019

Projected

31.03.2020

Projected

Funds available for Debt-Coverage

 

 

 

 

 

Net Profit after tax

0.632

2.011

1.145

1.764

2.356

 

 

 

 

 

 

Depreciation

0.212

0.304

1.423

1.260

1.126

 

 

 

 

 

 

Interest on Term Loan

0.632

1.209

1.087

0.947

0.787

 

 

 

 

 

 

Total A

1.476

3.524

3.656

3.971

4.269

 

 

 

 

 

 

Debts to be served

 

 

 

 

 

Repayment of Term Loan

0.000

0.815

0.937

1.076

1.237

 

 

 

 

 

 

Interest on Term Loan

0.632

1.209

1.087

0.947

0.787

 

 

 

 

 

 

Total B

0.632

2.024

2.024

2.024

2.024

 

 

 

 

 

 

DEBT SERVICE COVERAGE RATIO

2.34

1.74

1.81

1.96

2.11

 

------------------------------------------------------------------------------------------------------------------------------

 

PROJECTED PROFIT AND LOSS ACCOUNT

 

(RS. IN MILLION)

 

PARTICULARS

31.03.2016 Estimated

31.03.2017

Projected

31.03.2018

Projected

31.03.2019

Projected

31.03.2020

Projected

 

 

 

 

 

 

Gross Receipts

3.000

5.200

5.500

6.000

6.500

 

 

 

 

 

 

Other Income

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Opening stock

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Add: Purchase

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Add: Direct Expenses

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Less: Closing Stock

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Indirect Expenses

1.524

1.676

1.844

2.028

2.231

 

 

 

 

 

 

Operating Profit before Interest depreciation

1.476

3.524

3.656

3.972

4.269

 

 

 

 

 

 

Interest

0.632

1.209

1.087

0.947

0.787

 

 

 

 

 

 

Depreciation

0.212

0.304

1.423

1.260

1.126

 

 

 

 

 

 

Operating Profit after Interest depreciation

0.632

2.011

1.145

1.764

2.356

 

 

 

 

 

 

Add: Non-Operating Income

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Less: Non-Operating Expenses

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Profit Before Tax Net

0.632

2.011

1.145

1.764

2.356

 

 

 

 

 

 

Net Profit Appropriation

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Retained Profit

0.632

2.011

1.145

1.764

2.356

 

 

 

 

 

 

Break up of sales inclusive of other income

3.000

5.200

5.500

6.000

6.500

 

------------------------------------------------------------------------------------------------------------------------------

 

PROJECTED BALANCE SHEET

 

(RS. IN MILLION)

 

PARTICULARS

31.03.2016 Estimated

31.03.2017

Projected

31.03.2018

Projected

31.03.2019

Projected

31.03.2020

Projected

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

Capital/ Ordinary/ Share Capital

3.816

5.827

6.972

8.236

10.592

 

 

 

 

 

 

Reserve and Surplus

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Liabilities

8.185

7.249

6.172

4.935

3.513

 

 

 

 

 

 

Short term borrowings

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sundry Creditors

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other Current Liabilities

0.815

0.937

1.076

1.237

1.422

 

 

 

 

 

 

Provision for Taxation

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Total

12.816

14.012

14.220

14.408

15.527

 

 

 

 

 

 

Additional Information

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

ASSETS

 

 

 

 

 

Fixed Assets

12.187

13.883

12.460

11.200

10.075

 

 

 

 

 

 

Non-Current Assets

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Tangible Assets

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Investments

0.000

0.000

1.000

2.000

4.000

 

 

 

 

 

 

Stock in Hand

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sundry Debtors

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other Current Assets

0.000

0.000

0.500

0.600

0.700

 

 

 

 

 

 

Cash in Hand and Bank Balance

0.629

0.128

0.260

0.608

0.753

 

 

 

 

 

 

Total

12.816

14.012

14.220

14.408

15.527

 

------------------------------------------------------------------------------------------------------------------------------

 

CREDIT FACILITIES (PROPOSED)

 

(RS. IN MILLION)

 

Type of Facilities

Amount

(In Million)

Purpose for which Required

Security Offered

 

 

 

Primary security

(details with approx.. value to be mentioned)

Whether collateral security offered (Please mention Yes or No) (If Yes, then provide details)

Term Loan

9.000

For Construction of school Building and Purchase of Furniture and Fixture

Clean

1. EQm of Lease hold Commercial Property situated at Khasra No. 690/1/1/1 (85 Spr yard) at ward No. 04 Guda Mode Jhunjhunu Owned by Akbar Ali s/o Jume Khan.

 

2. EQM of Lease hold residential property situated at Khasra No. 690/1/1 (Total Admeasuring 200 Sqr yard) at Ward No. 04 Guda Mode Jhunjhuna owned by Akbar Ali and Javed Ali s/o Jume Khan.

 

3. EQM of residential property situated at Ward No. Road No. 01 Jhunjhunu Rajasthan owned by Juma Khan s/o Bhadar Khan.

 

------------------------------------------------------------------------------------------------------------------------------

 

NET OWNED FUNDS

 

(RS. IN MILLION)

 

This is to certify that Net Owned Funds of Mr. Akbar Ali s/o Mr. Jumma Khan, Bharat Computers, Station Road, Jhunjhunu (Rajasthan) is Rs. 2.500 Million.

 

------------------------------------------------------------------------------------------------------------------------------

 

NET OWNED FUNDS

 

(RS. IN MILLION)

 

This is to certify that Net Owned Funds of Mr. Akhtar Ali s/o Mr. Jumma Khan, Prop. of Bharat Studio, Opposite B.D.K. Hospital, Road No. 1, Jhunjhunu (Rajasthan) is Rs. 2.500 Million as on date.

 

------------------------------------------------------------------------------------------------------------------------------

 

NET OWNED FUNDS

 

(RS. IN MILLION)

 

This is to certify that Net Owned Funds of Mr. Barkat Ali s/o Mr. Jumma Khan, P Station Road, Jhunjhunu (Rajasthan) is Rs. 2.500 Million as on date.

 

------------------------------------------------------------------------------------------------------------------------------

 


VALUATION REPORT

 

(GENERAL DETAILS)

 

Purpose for which valuation is made

Bank Loan

 

 

Date as on which valuation is made

16.09.2015

 

 

Name of the owner/ owners

Akbar and Javed

s/o Juma Khan Kayamkhani

 

 

If the property is under joint ownership/ co-ownership, share of each such owner. Are the shares undivided?

Joint Ownership 

 

 

Brief description of the property

Building

 

 

Location, Street, Ward No. 

Gudha Road, Jhunjhunu

 

 

Survey / Plot No. of land

Gudha Road, Near Gudha Mod, Jhunjhunu (Rajasthan)

 

 

Is the property situated in residential/ commercial/ mixed area/ industrial area?

Commercial

 

 

Classification of locality-high class, middle class/ poor class

Middle Class

 

 

Proximity to civic amenities, like schools, hospitals, offices, markets, cinema etc.

Gudha Road

 

 

Means and proximity to surface communication by the locality is served

By Road

 

 

Area of land supported by documentary proof, shape, dimensions and physical features

Lease Deed

 

 

Is it leasehold, the name of lessor/ lesses, nature of lease, dates of commencement and termination of lease and terms of renewal of lease:

·         Initial premium

Ground rent payable per annum

Unearned increase payable to the lessor in the event of sale or transfer

Nagar Parisad Jhunjhunu

 

 

Is there any restrictive covenant in regard to use of land? If so

No

 

 

Are there any agreements of easements of? If so

No

 

 

Does the land fall in an area included in any town planning plan of Govt. or any statutory body? If so

NA

 

 

Has any contribution been made towards developments or any demand for such contribution still outstanding?

Developed

 

 

Has the whole or part of the land been notified for acquisition by Govt. or statutory body? Give date of notification

No

 

 

Furnish technical details of the building on a separate sheet.

No

 

 

Is the building owner-occupied tenanted/ both?

Self Owner

 

 

If partly owner-occupied, specify portion and extent of area under owner-occupation.

No

 

 

What is the floor space Index Permissible and percentage actually utilized?

No

 

 

Name of tenants/ lessees/ lionesses etc.

Portions in their occupation

Monthly of annual rent compensation/ license fee, etc. paid by each

Gross amount received for the whole property

No

 

 

Are any of the occupants related to or close business associates of the owner?

No

 

 

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerator, cooling ranges, built-in wardrobes, etc. or for service charges? If so

NA

 

 

Give details of water and electricity charges? If any to be borne by the owner

Owner Self

 

 

Has the tenant to bear the whole of part of cost of repairs and maintenance? Give particulars

Owner

 

 

If lift is installed, who has to bear the cost of maintenance and operation owner or tenant?

No

 

 

If a pump is installed, who has to bear the cost of maintenance and operation-owner or tenant?

Owner

 

 

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound etc.

NA

 

 

Is the building insured? If so give the policy no. amount for which it is insured and annual premium

NA

 

 

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

 

 

Has any standard rent been fixed for the premises under any law relating to the Control of Rent?

NA

 

 

Land rate adopted in this valuation

Government and Market Rates

 

 

If sale instances are not available or not relied upon the basis of arriving at the land rate

Government Rates

 

 

Year of commencement of construction and year of completion? Future life of the Building

2003

 

 

What was the method of construction by contract/ by employing labour directly/ both? 

Both 

 

 

For items of work done on contract, produce copies of agreement

NA

 

 

For items of work done by engaging labour directly, Give basic rates of material and labour supported by documentary proof.

NA

 

 

 

TECHNICAL DETAILS

 

No of floors and height of each floor

Ground, First, Second Floor

 

 

Year of Construction

2004-05 Renovation and Additional New Construction 2014

 

 

Estimated future life

35-40 Years

 

 

Type of construction

Load Bearing

 

 

Type of foundations

RCC and Stone Masonry

 

 

Walls

·         Basement and plinth

Ground Floor

Superstructure

 

 

9”Wall

 

 

Partitions

9”

 

 

Door and Windows (Floor-Wise)

Wooden Doors

 

 

Flooring (Floor-wise)

CC Flooring

 

 

Finishing (Floor Wise)

Finished

 

 

Roofing and Terracing

Patti

 

 

Special Architectural or Decorative features, if any 

--

 

 

Internal Wiring – Surface or Conduit

Class of fittings : Superior/ Ordinary/ Poor

Open

Superior

 

 

Sanitary Installations

No

 

 

Class of fittings

Ordinary

 

 

Compound Wall

·         Height and Length

Type of construction

 

No

Stone Masonry

 

 

No. of lifts and capacity

No

 

 

Underground pump – capacity and type of construction

No

 

 

Overhead Tanks

·         Where located

Capacity

Type of construction

 

 

PVC on Top

 

 

Pumps – No. and their horse power

NA

 

 

Roads and paving within the compound

--

 

 

Sewage, If septic tanks provide (No and Capacity)

No

 

 

 

VALUATION REPORT OF PROPERTY

 

Purpose

Bank Loan / Security

 

 

Site

Shop’s

Khasra No. 690/1/1, Gudha Road, Near Gudha Mod, Jhunjhunu, Rajasthan

 

Owned by

 

Mr. Akbar and Mr. Javed

s/o Juma Khan Kayamhani

 

VALUATION REPORT

 

SHOP’S ON GROUND FLOOR

 

20

x

12.33

=

246.6

Sq. ft.

20

x

12.33

=

246.6

Sq. ft.

 

 

 

 

 

 

 

 

 

Total =

493.2

Sq. ft.

 

 

 

 

 

 

AREA

SQ. MT.

RS./ SQ. MT.

 

 

AMOUNT

 

 

 

 

 

 

45.81828

Sq. Mt.

Rs. 5625.00

 

 

Rs. 0.258 Million

 

 

 

 

 

 

 

 

 

 

 

Rs. 0.258 Million

 

 

CH=

10’0”

-0.75%

 

 

 

 

 

 

 

Add/ Deducted for Extra Height

 

 

-1932.958688

 

 

 

 

 

 

 

 

So Cost of Structure

 

Rs. 0.256 Million

Add for Electricity Fitting Item

 

10%

 

 

 

 

 

10%

 

 

 

 

 

 

Rs. 0.025 Million

 

 

 

 

Total

Rs. 0.281 Million

 

 

GENERAL ABSTRACT OF CONSTRUCTION COST

 

Shop’s on Ground Floor

 

 

Rs. 0.281 Million

 

 

Total

Rs. 0.281 Million

 

 

 

 

Add for Cost Index for X-3-2011

 

 

 

 

 

 

 

40.00%

 

Rs. 0.113 Million

 

 

 

 

 

 

Total

Rs. 0.394 Million

 

 

G. Total

Rs. 0.394 Million

 

 

 

 

Year of Construction

2003

 

 

So Depreciated Cost @

0.8855

 

Rs. 0.349 Million

 

 

 

 

 

 

Construction Cost

Rs. 0.349 Million

 

 

COST OF LAND

 

LAND:

Type of Land: Commercial

Land Area: 62’ X 12’4” or 85 Sq. yd.

As per Patta S. No. 211, dated on 13.06.2003, Nagar Palika, Jhunjhunu (Rajasthan)

 

Area: 765 Sq. ft.

Or 71.0685 Sq. Mt.

Or 85 Sq. yd.

 

So Land Area: 71.0685 Sq. Mt.

 

Land Area as per Registered/ Lease Deed

 

 

Area

Rate

Amount

 

 

 

 

Govt Value

71.0685 Sq. Mt.

Rs. 12530.00

Rs. 0.890 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Market Value

71.0685 Sq. Mt.

Rs. 45000.00

Rs. 3.198 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Distressed Value

71.0685 Sq. Mt.

Rs. 28800.00

Rs. 2.047 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Realizable Value

71.0685 Sq. Mt.

Rs. 36000.00

Rs. 2.558 Million

 

 

GENERAL ABSTRACT OF [CONST. + LAND] COST

 

GOVT VALUE

 

Construction Cost

Rs. 0.349 Million

Land Cost

Rs. 0.890 Million

 

 

Total

 

Rs. 1.239 Million

 

MARKET VALUE

 

Construction Cost

Rs. 0.349 Million

Land Cost

Rs. 3.198 Million

 

 

Total

 

Rs. 3.547 Million

 

DISTRESSED VALUE

 

Construction Cost

Rs. 0.349 Million

 

 

0.95

Rs. 0.331 Million

Land Cost

Rs. 2.047 Million

 

 

Total

 

Rs. 2.378 Million

 

REALIZABLE VALUE

 

Construction Cost

Rs. 0.349 Million

Land Cost

Rs. 2.558 Million

 

 

Total

 

Rs. 2.907 Million

 

------------------------------------------------------------------------------------------------------------------------------

 

VALUATION REPORT

 

(GENERAL DETAILS)

 

Purpose for which valuation is made

Bank Loan

 

 

Date as on which valuation is made

16.09.2015

 

 

Name of the owner/ owners

Mr. Juma Khan s/o Mr. Bhadar Khan

 

 

If the property is under joint ownership/ co-ownership, share of each such owner. Are the shares undivided?

Single Ownership 

 

 

Brief description of the property

Building

 

 

Location, Street, Ward No. 

Road No. 3, Jhunjhunu

 

 

Survey / Plot No. of land

Opposite B.D.K. Hospital, Jhunjhunu (Rajasthan)

 

 

Is the property situated in residential/ commercial/ mixed area/ industrial area?

Residential

 

 

Classification of locality-high class, middle class/ poor class

Middle Class

 

 

Proximity to civic amenities, like schools, hospitals, offices, markets, cinema etc.

Road No. 1, Jhunjhunu

 

 

Means and proximity to surface communication by the locality is served

By Road

 

 

Area of land supported by documentary proof, shape, dimensions and physical features

Lease Deed

 

 

Is it leasehold, the name of lessor/ lesses, nature of lease, dates of commencement and termination of lease and terms of renewal of lease:

·         Initial premium

Ground rent payable per annum

Unearned increase payable to the lessor in the event of sale or transfer

Nagar Parisad Jhunjhunu

 

 

Is there any restrictive covenant in regard to use of land? If so

No

 

 

Are there any agreements of easements of? If so

No

 

 

Does the land fall in an area included in any town planning plan of Govt. or any statutory body? If so

NA

 

 

Has any contribution been made towards developments or any demand for such contribution still outstanding?

Developed

 

 

Has the whole or part of the land been notified for acquisition by Govt. or statutory body? Give date of notification

No

 

 

Furnish technical details of the building on a separate sheet.

No

 

 

Is the building owner-occupied tenanted/ both?

Self Owner

 

 

If partly owner-occupied, specify portion and extent of area under owner-occupation.

No

 

 

What is the floor space Index Permissible and percentage actually utilized?

No

 

 

Name of tenants/ lessees/ lionesses etc.

Portions in their occupation

Monthly of annual rent compensation/ license fee, etc. paid by each

Gross amount received for the whole property

No

 

 

Are any of the occupants related to or close business associates of the owner?

No

 

 

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerator, cooling ranges, built-in wardrobes, etc. or for service charges? If so

NA

 

 

Give details of water and electricity charges? If any to be borne by the owner

Owner Self

 

 

Has the tenant to bear the whole of part of cost of repairs and maintenance? Give particulars

Owner

 

 

If lift is installed, who has to bear the cost of maintenance and operation owner or tenant?

No

 

 

If a pump is installed, who has to bear the cost of maintenance and operation-owner or tenant?

Owner

 

 

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound etc.

Owner

 

 

What is the amount of property tax? Who has to bear it? Give details with documentary proof

NA

 

 

Is the building insured? If so give the policy no. amount for which it is insured and annual premium

NA

 

 

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

 

 

Has any standard rent been fixed for the premises under any law relating to the Control of Rent?

NA

 

 

Land rate adopted in this valuation

Government and Market Rates

 

 

If sale instances are not available or not relied upon the basis of arriving at the land rate

Government Rates

 

 

Year of commencement of construction and year of completion? Future life of the Building

2004-05 Renovation and Additional New Construction 2014

 

 

What was the method of construction by contract/ by employing labour directly/ both? 

Both 

 

 

For items of work done on contract, produce copies of agreement

NA

 

 

For items of work done by engaging labour directly, Give basic rates of material and labour supported by documentary proof.

NA

 

 

 

TECHNICAL DETAILS

 

No of floors and height of each floor

Ground, First, Second Floor

 

 

Year of Construction

2004-05 Renovation and Additional New Construction 2014

 

 

Estimated future life

35-40 Years

 

 

Type of construction

Load Bearing wall/ RCC frame/ steel frame

RCC framed

 

 

Type of foundations

RCC and Stone Masonry

 

 

Walls

·         Basement and plinth

Ground Floor

Superstructure

 

 

9”Wall

 

 

Partitions

6”

 

 

Door and Windows (Floor-Wise)

Wooden Doors and Wiregase Door and Window

 

 

Flooring (Floor-wise)

Kota and Tiles Flooring

 

 

Finishing (Floor Wise)

Finished

 

 

Roofing and Terracing

RCC

 

 

Special Architectural or Decorative features, if any 

--

 

 

Internal Wiring – Surface or Conduit

Class of fittings : Superior/ Ordinary/ Poor

Conduit

Superior

 

 

Sanitary Installations

No. of water closets

No. of lavatory basins

No. of urinals

No. of sinks

No. of bath tubs

No. of bidets

No. of geysers

 

4 Nos.

2 Nos.

4 Nos.

2 Nos.

Nil

No

2 Nos.

 

 

Class of fittings

Ordinary

 

 

Compound Wall

·         Height and Length

Type of construction

 

No

Stone Masonry

 

 

No. of lifts and capacity

No

 

 

Underground pump – capacity and type of construction

U.G.W.S. Tank

 

 

Overhead Tanks

·         Where located

Capacity

Type of construction

 

 

PVC on Top

 

 

Pumps – No. and their horse power

NA

 

 

Roads and paving within the compound

--

 

 

Sewage, If septic tanks provide (No and Capacity)

Septic Tanks

 

 

 

VALUATION REPORT OF PROPERTY

 

Purpose

Bank Loan – Security

 

 

Site

Opposite B.D.K. Hospital, Road No. 1, Jhunjhunu [Raj.]

 

Owned by

Mr. Juma Khan s/o Mr. Bhadar Khan

 

VALUATION REPORT

 

MAIN BUILDING GROUND FLOOR

 

66

x

40

=

2640

Sq. ft.

 

 

 

 

 

 

 

 

 

Total =

2640

Sq. ft.

 

 

 

 

 

 

AREA

SQ. MT.

RS./ SQ. MT.

 

 

AMOUNT

 

 

 

 

 

 

245.256

Sq. Mt.

Rs. 6625.00

 

 

Rs. 1.625 Million

 

 

 

 

 

 

 

 

 

 

 

Rs. 1.625 Million

 

 

CH=

10’0”

0%

 

 

 

 

 

 

 

Add/ Deducted for Extra Height

 

 

0

 

 

 

 

 

 

 

 

So Cost of Structure

 

Rs. 1.625 Million

Add for Electricity Fitting Item

 

8.5%

 

Add for Concealed wiring Fitting

 

1.5%

 

Add for Water Supply Fitting

 

3%

 

Add for Sanitary Fitting

 

7%

 

Add for Sefty Bar Window/ Door

 

1%

 

 

Total

21%

 

 

 

 

Rs. 0.341 Million

 

 

 

 

 

==========

 

 

 

 

Total

Rs. 1.966 Million

 

 

MAIN BUILDING FIRST FLOOR

 

66

x

40

=

2640

Sq. ft.

 

 

 

 

 

 

 

 

 

Total =

2640

Sq. ft.

 

 

 

 

 

 

AREA

SQ. MT.

RS./ SQ. MT.

 

 

AMOUNT

 

 

 

 

 

 

245.256

Sq. Mt.

Rs. 5625.00

 

 

Rs. 1.379 Million

 

 

 

 

 

 

 

 

 

 

 

Rs. 1.379 Million

 

 

CH=

10’0”

0%

 

 

 

 

 

 

 

Add/ Deducted for Extra Height

 

 

0

 

 

 

 

 

 

 

 

So Cost of Structure

 

Rs. 1.379 Million

Add for Electricity Fitting Item

 

8.5%

 

Add for Concealed wiring Fitting

 

1.5%

 

Add for Water Supply Fitting

 

3%

 

Add for Sanitary Fitting

 

7%

 

Add for Safty Bar Window/ Door

 

1%

 

 

Total

21%

 

 

 

 

Rs. 0.290 Million

 

 

 

 

 

===========

 

 

 

 

Total

Rs. 1.669 Million

 

 

MAIN BUILDING SECOND FLOOR

 

66

x

40

=

2640

Sq. ft.

 

 

 

 

 

 

 

 

 

Total =

2640

Sq. ft.

 

 

 

 

 

 

AREA

SQ. MT.

RS./ SQ. MT.

 

 

AMOUNT

 

 

 

 

 

 

245.256

Sq. Mt.

Rs. 5925.00

 

 

Rs. 1.453 Million

 

 

 

 

 

 

 

 

 

 

 

Rs. 1.453 Million

 

 

CH=

10’0”

0%

 

 

 

 

 

 

 

Add/ Deducted for Extra Height

 

 

0

 

 

 

 

 

 

 

 

So Cost of Structure

 

Rs. 1.453 Million

Add for Electricity Fitting Item

 

8.5%

 

Add for Concealed wiring Fitting

 

1.5%

 

Add for Water Supply Fitting

 

3%

 

Add for Sanitary Fitting

 

7%

 

Add for Safty Bar Window/ Door

 

1%

 

 

Total

21%

 

 

 

 

Rs. 0.305 Million

 

 

 

 

 

==========

 

 

 

 

Total

Rs. 1.758 Million

 

 

B.S.R – 2012 Item

 

O.H.W.S. TANK PVC [Extra Cost] 45/90

 

1000 Liter

2

Qty

Rs. 6000.00

=

Rs. 0.012 Million

 

 

 

Total

=

Rs. 0.012 Million

3

45

 

135

 

 

[Floor]

[Extra Cost]

 

[Extra Amount]

 

 

 

 

 

 

 

 

 

 

 

So

Total

Rs. 0.012 Million

 

FLOORING

 

KOTA FLOOR ON GROUND FLOOR

 

Area

2640

Sq. ft.

245.256

Sq. Mt.

 

 

 

Rs. 584.00 Sq. Mt.

 

 

 

 

[750

166]

 

 

Rs. 0.143 Million

 

TILES FLOOR ON FIRST AND SECOND FLOOR

 

Area

5280

Sq. ft.

490.512

Sq. Mt.

 

 

 

Rs. 564.00 Sq. Mt.

 

 

 

 

[730

166]

 

 

Rs. 0.277 Million

 

 

 

 

 

 

 

 

 

 

Total

Rs. 0.420 Million

 

 

COLOURED TILES

 

18

X

5

=

90

Sq. ft.

18

X

5

=

90

Sq. ft.

18

X

5

=

90

Sq. ft.

 

 

 

 

 

 

 

 

 

Total

270

Sq. ft.

 

 

 

 

 

 

270

Sq. ft.

25.083

Sq. Mt.

 

 

 

 

695

/ Sq. Mt.

 

17432.685

 

 

[661+34]

 

 

 

 

COST OF CONSTRUCTION

 

[A] X-3-2011 ITEM

 

Main Building Ground Floor

 

Rs. 1.966 Million

Main Building First Floor

 

Rs. 1.669 Million

Main Building Second Floor

 

Rs. 1.759 Million

 

 

 

 

 

 

Total

Rs. 5.394 Million

 

 

 

 

Add for Cost Index for X-3-2011

 

 

 

40.00%

 

Rs. 2.157 Million

 

 

 

 

 

 

Total

Rs. 7.551 Million

 

[B] B.S.R. – 2012 ITEM

 

O.H.W.S. Tank PVC

 

Rs. 0.012 Million

Flooring

 

Rs. 0.420 Million

Colored Tiles

 

Rs. 0.017 Million

 

 

 

 

 

 

Total

Rs. 0.449 Million

 

 

 

 

Add for Cost Index for B.S.R 2012

 

 

 

30.00%

 

Rs. 0.135 Million

 

 

 

 

 

 

Total

Rs. 0.584 Million

 

 

 

 

G. Total

Rs. 8.135 Million

 

 

 

 

Year of Construction

2004-05

 

 

Renovated and Additional Construction

 

 

2014

So Depreciated Cost @

0.99

 

Rs. 8.054 Million

 

 

 

=================

 

 

Construction Cost

Rs. 8.054 Million

 

 

COST OF LAND

 

LAND:

Type of Land: Residential 

Land Area: 66’ X 40’ = 2640 Sq. ft. or 293.33 Sq. yd.

As per Deed

 

Area: 2640 Sq. ft.

Or 245.256 Sq. Mt.

Or 293.3333 Sq. yd.

 

So Land Area: 245.256 Sq. Mt.

 

Land Area as per Registered/ Lease Deed

 

 

Area

Rate

Amount

 

 

 

 

Govt Value

245.256 Sq. Mt.

Rs. 18230.00

Rs. 4.471 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Market Value

245.256 Sq. Mt.

Rs. 45000.00

Rs. 11.037 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Distressed Value

245.256 Sq. Mt.

Rs. 28800.00

Rs. 7.063 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Realizable Value

245.256 Sq. Mt.

Rs. 36000.00

Rs. 8.829 Million

 

 

GENERAL ABSTRACT OF [CONST. + LAND] COST

 

GOVT VALUE

 

Construction Cost

Rs. 8.054 Million

Land Cost

Rs. 4.471 Million

 

 

Total

 

Rs. 12.525 Million

 

MARKET VALUE

 

Construction Cost

Rs. 8.054 Million

Land Cost

Rs. 11.037 Million

 

 

Total

 

Rs. 19.091 Million

 

DISTRESSED VALUE

 

Construction Cost

Rs. 8.054 Million

 

 

0.95

Rs. 7.652 Million

Land Cost

Rs. 7.063 Million

 

 

Total

 

Rs. 14.715 Million

 

REALIZABLE VALUE

 

Construction Cost

Rs. 8.054 Million

Land Cost

Rs. 8.829 Million

 

 

Total

 

Rs. 16.883 Million

 

------------------------------------------------------------------------------------------------------------------------------

 

VALUATION REPORT

 

(GENERAL DETAILS)

 

Purpose for which valuation is made

Bank Loan

 

 

Date as on which valuation is made

16.09.2015

 

 

Name of the owner/ owners

Mr. Akbar and Mr. Javed

s/o Mr. Juma Khan Kayamkhani

 

 

If the property is under joint ownership/ co-ownership, share of each such owner. Are the shares undivided?

Joint Ownership 

 

 

Brief description of the property

Building

 

 

Location, Street, Ward No. 

Gudha Road, Jhunjhunu

 

 

Survey / Plot No. of land

Gudha Road, Near Gudha Mod, Jhunjhunu (Rajasthan)

 

 

Is the property situated in residential/ commercial/ mixed area/ industrial area?

Residential 

 

 

Classification of locality-high class, middle class/ poor class

Middle Class

 

 

Proximity to civic amenities, like schools, hospitals, offices, markets, cinema etc.

Gudha Road

 

 

Means and proximity to surface communication by the locality is served

By Road

 

 

Area of land supported by documentary proof, shape, dimensions and physical features

Lease Deed

 

 

Is it leasehold, the name of lessor/ lesses, nature of lease, dates of commencement and termination of lease and terms of renewal of lease:

·         Initial premium

Ground rent payable per annum

Unearned increase payable to the lessor in the event of sale or transfer

Nagar Parisad Jhunjhunu

 

 

Is there any restrictive covenant in regard to use of land? If so

No

 

 

Are there any agreements of easements of? If so

No

 

 

Does the land fall in an area included in any town planning plan of Govt. or any statutory body? If so

NA

 

 

Has any contribution been made towards developments or any demand for such contribution still outstanding?

Developed

 

 

Has the whole or part of the land been notified for acquisition by Govt. or statutory body? Give date of notification

No

 

 

Furnish technical details of the building on a separate sheet.

No

 

 

Is the building owner-occupied tenanted/ both?

Self Owner

 

 

If partly owner-occupied, specify portion and extent of area under owner-occupation.

No

 

 

What is the floor space Index Permissible and percentage actually utilized?

No

 

 

Name of tenants/ lessees/ lionesses etc.

Portions in their occupation

Monthly of annual rent compensation/ license fee, etc. paid by each

Gross amount received for the whole property

No

 

 

Are any of the occupants related to or close business associates of the owner?

No

 

 

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerator, cooling ranges, built-in wardrobes, etc. or for service charges? If so

NA

 

 

Give details of water and electricity charges? If any to be borne by the owner

Owner Self

 

 

Has the tenant to bear the whole of part of cost of repairs and maintenance? Give particulars

Owner

 

 

If lift is installed, who has to bear the cost of maintenance and operation owner or tenant?

No

 

 

If a pump is installed, who has to bear the cost of maintenance and operation-owner or tenant?

Owner

 

 

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound etc.

Owner

 

 

What is the amount of property tax? Who is to bear it? Give details with documentary proof

NA

 

 

Is the building insured? If so give the policy no. amount for which it is insured and annual premium

NA

 

 

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

 

 

Has any standard rent been fixed for the premises under any law relating to the Control of Rent?

NA

 

 

Land rate adopted in this valuation

Government and Market Rates

 

 

If sale instances are not available or not relied upon the basis of arriving at the land rate

Government Rates

 

 

Year of commencement of construction and year of completion? Future life of the Building

2003

 

 

What was the method of construction by contract/ by employing labour directly/ both? 

Both 

 

 

For items of work done on contract, produce copies of agreement

NA

 

 

For items of work done by engaging labour directly, Give basic rates of material and labour supported by documentary proof.

NA

 

 

 

TECHNICAL DETAILS

 

No of floors and height of each floor

Ground, First, Second Floor

 

 

Year of Construction

2004-05 Renovation and Additional New Construction 2014

 

 

Estimated future life

35-40 Years

 

 

Type of construction

Load Bearing

 

 

Type of foundations

RCC and Stone Masonry

 

 

Walls

·         Basement and plinth

Ground Floor

Superstructure

 

 

9”Wall

 

 

Partitions

9”

 

 

Door and Windows (Floor-Wise)

Wooden Doors

 

 

Flooring (Floor-wise)

CC Flooring

 

 

Finishing (Floor Wise)

Finished

 

 

Roofing and Terracing

Patti

 

 

Special Architectural or Decorative features, if any 

--

 

 

Internal Wiring – Surface or Conduit

Class of fittings : Superior/ Ordinary/ Poor

Open

Superior

 

 

Sanitary Installations

No

 

 

Class of fittings

Ordinary

 

 

Compound Wall

·         Height and Length

Type of construction

 

No

Stone Masonry

 

 

No. of lifts and capacity

No

 

 

Underground pump – capacity and type of construction

No

 

 

Overhead Tanks

·         Where located

Capacity

Type of construction

 

 

PVC on Top

 

 

Pumps – No. and their horse power

NA

 

 

Roads and paving within the compound

--

 

 

Sewage, If septic tanks provide (No and Capacity)

No

 

 

 

VALUATION REPORT OF PROPERTY

 

Purpose

Bank Loan / Security

 

 

Site

Shop’s

Khasra No. 690/1/1, Gudha Road, Near Gudha Mod, Jhunjhunu, Rajasthan

 

Owned by

 

Mr. Akbar and Mr. Javed

s/o Mr. Juma Khan Kayamhani

 

VALUATION REPORT

 

MAIN BUILDING GROUND FLOOR

 

20

x

29

=

580

Sq. ft.

 

 

 

 

 

 

 

 

 

Total =

580

Sq. ft.

 

 

 

 

 

 

AREA

SQ. MT.

RS./ SQ. MT.

 

 

AMOUNT

 

 

 

 

 

 

53.882

Sq. Mt.

Rs. 5625.00

 

 

Rs. 0.303 Million

 

 

 

 

 

 

 

 

 

 

 

Rs. 0.303 Million

 

 

CH=

10’0”

-0.75%

 

 

 

 

 

 

 

Add/ Deducted for Extra Height

 

 

-2273.146875

 

 

 

 

 

 

 

 

So Cost of Structure

 

Rs. 0.301 Million

Add for Electricity Fitting Item

 

10%

 

 

 

 

 

10%

 

 

 

 

 

 

Rs. 0.030 Million

 

 

 

 

Total

Rs. 0.331 Million

 

 

GENERAL ABSTRACT OF CONSTRUCTION COST

 

[A] X-3-2011 ITEM

 

Main Building Ground Floor

 

 

Rs. 0.331 Million

 

 

Total

Rs. 0.331 Million

 

 

 

 

Add for Cost Index for X-3-2011

 

 

 

 

 

 

 

40.00%

 

Rs. 0.132 Million

 

 

 

 

 

 

Total

Rs. 0.463 Million

 

 

G. Total

Rs. 0.463 Million

 

 

 

 

Year of Construction

2003

 

 

So Depreciated Cost @

0.8855

 

Rs. 0.410 Million

 

 

 

 

 

 

Construction Cost

Rs. 0.041 Million

 

 

COST OF LAND

 

LAND:

Type of Land: Residential 

Land Area: 62’ X 29’ or 200 Sq. yd.

As per Patta S. No. 197, dated on 25.03.2003, Nagar Palika, Jhunjhunu (Rajasthan)

 

Area: 1800 Sq. ft.

Or 167.22 Sq. Mt.

Or 200 Sq. yd.

 

So Land Area: 167.22 Sq. Mt.

 

Land Area as per Registered/ Lease Deed

 

 

Area

Rate

Amount

 

 

 

 

Govt Value

167.22 Sq. Mt.

Rs. 4030.00

Rs. 0.674 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Market Value

167.22 Sq. Mt.

Rs. 12000.00

Rs. 2.007 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Distressed Value

167.22 Sq. Mt.

Rs. 7680.00

Rs. 1.284 Million

 

 

 

Area

Rate

Amount

 

 

 

 

Realizable Value

167.22 Sq. Mt.

Rs. 9600.00

Rs. 1.605 Million

 

 

GENERAL ABSTRACT OF [CONST. + LAND] COST

 

GOVT VALUE

 

Construction Cost

Rs. 0.041 Million

Land Cost

Rs. 0.674 Million

 

 

Total

 

Rs. 0.715 Million

 

MARKET VALUE

 

Construction Cost

Rs. 0.041 Million

Land Cost

Rs. 2.007 Million

 

 

Total

 

Rs. 2.048 Million

 

DISTRESSED VALUE

 

Construction Cost

Rs. 0.041 Million

 

 

0.95

Rs. 0.039 Million

Land Cost

Rs. 1.284 Million

 

 

Total

 

Rs. 1.323 Million

 

REALIZABLE VALUE

 

Construction Cost

Rs. 0.041 Million

Land Cost

Rs. 1.605 Million

 

 

Total

 

Rs. 1.646 Million

 

------------------------------------------------------------------------------------------------------------------------------


 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

 

Unit

Indian Rupees

US Dollar

1

Rs. 65.15

UK Pound

1

Rs. 100.54

Euro

1

Rs. 73.97

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Analysis Done by :

KAS

 

 

Report Prepared by :

BVA

 


 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.