S

I S

NAME OF CLIENT
:
NAME OF PROPERTY :

PLY PACKAGING(PVT) LTD.

RESIDENTIAL APARTMENT

FLOOR NO.

1ST FLOOR

APARTMENT NO.

1/A

SIZE OF APARTMENT :

1800 SFT.+ CAR PARKING & COMMON SPACES

LOCATION

BASHUNDHARA RESIDENTIAL AREA

SUMMERY OFVALUATION

PRESENT MARKET VALUE

Apartment

: 1800.00 sft.& others

Total :

Tk. 1,22,00,000.00
Tk. 1,22,00,000.00

DISTRESSED VALUE(FORCED SELLING)

Apartment

: 1800.00 sft.& others ( 20% less from PMV)

Total :

Tk. 97,60,000.00
Tk. 97,60,000.00

VALUATION REPORT ON
APARTMENT
A/C

PLY PACKAGING (PVT) LTD.

ISMAIL MANSION (3 RD FLOOR)
9/H, MOTIJHEEL C/A, DHAKA

REPORT NO. :786/RISL/NRBC/BAN/025/2016

DATE

: 25

MAY, 2016

Report No: 786/RISL/NRBC/BAN/025/2016

Date: 25.05.2016

The
Branch in Charge
NRB Commercial Bank Ltd.
Banani Branch
Road No. - 11,Banani
Dhaka,Bangladesh
REPORT

: VALUATION SURVEY REPORT OF THE PROPERTY (APARTMENT)

A/C - PLY PACKAGING (PVT) LTD. DHAKA

Dear sir,
In response to your telephonic request on 18.05.2016, our representative has visited the captioned
property (Apartment) 18.05.2016 in order to identify, locate & assess the present market value of
Apartment. Detailed of which are given bellow in our assessment column.
1.0

2.0.

GENERAL INFORMATION
Name of Client

: Ply Packaging (Pvt) Ltd.

Business Address

: Ismail Mansion (3rd Floor) 9/H, Motijheel C/A, Dhaka

Trade License No.

: Not provided

TIN

: 712593612196

REPRESENTED BY
Fathers Name
Mothers Name

: Mohammad Asif Ullah (Managing Director)

: Late Mohammad Saif Ullah
: Mrs. Parvin Banu

Present & Permanent Address : House #36, Road # 13/A, Dhanmondi, Dhaka -1209
National ID No.

: Not provided

3.0.

PURPOSE OF LOAN

: Business Purpose

4.0.

NATURE OF BUSINESS

: Cartoon box manufacture, Supplier & Importer.

5.0.

TYPE OF THE PROPERTY

: 167.23 sqm as per plan residential apartment on the 1 st floor within a

10 (ten) storied residential building.

5.1.

OWNER OF THE APARTMENT :

i)

Name
Name of Husband
Mothers Name
Permanent & Present Address
NID NO.

: Samina Rahman Bindi,

: Md. Asif Ullah
: Khaleda Rahman
: House # 36, Road # 13/A, Dhanmondi, Dhaka
: 2691649113914
Cont P/04

Report No. 786/RISL/NRBC/BAN/025/2016, Page No.04

ii)

Name

: Dr. Sarwat Rahman(Sithi)

Name of Husband

: Md. Khairul Hasan

Mothers Name

: Khaleda Rahman

Permanent & Present Address : House # 515, Block C, Khilgaon, Dhaka

iii)

NID NO.

: 2693624739240

Name

: Faika Rahman(Nondini)

Name of Husband

: Md.Al Moyad

Mothers Name

: Khaleda Rahman

Present Address

: 41, Eskaton Garden, Flat # 802, Dhaka

Permanent Address

: 18, Gopibagh, 1st lane, Dhaka

NID NO.

: 2695431007943

Above mentioned owners have executed a power of attorney in favour of developer company & a
joint venture agreement is made between above mentioned land owners and Developer Company
Reliance Holdings Ltd . on 06.11.14/09.11.14
5.2.

RELATIONSHIP BETWEEN THE APARTMENT OWNER & BORROWER

Apartment owners are Director of the borrower firm (verbally known)
SCHEDULE OF THE LAND & APEARTMENT
DISTRICT

:Dhaka

P.S

:Present Gulshan, Previous - Cantonment

S.R OFFICE

:Gulshan

MOUZA

:Joar shahara

J.L NO

:CS -271, SA -110, R.S - 06 . Dhaka City Jorip 03.

LOCAL AUTHORITY

:Vatara Union Parishad,

DEED NO & DATE

:Heba deed No. 15572, dt. 26.06.2007; Power of attorney deed no.
8625, dt.06.11.14/09.11.14 & Joint Venture Agreement deed No.- 8624,
dt. 06.11.14/09.11.2014

C.S KHATIAN NO.

:208

S.A KHATIAN NO.

:555

R.S KHATIAN NO.

:1220
Cont P/05

Report No. 786/RISL/NRBC/BAN/025/2016, Page No.05

CITY JORIP KHATIAN NO.

:18123

C.S & S.A PLOT NO.

:3345,3346

R.S PLOT NO.

:9890

CITY JORIP PLOT NO.

:48152

LAY OUT PLOT NO.

: 63

BLOCK NO.

:D

PROPOSED FLAT NO.

:1/A

NAME OF BUILDING

:Reliance Afia Mizan

FLOOR NO.

:1st floor

SIZE OF APARTMENT

:1800 sft & one car parking with other common space.

PROPORTINATE AREA OF LAND:0.91 decimal out of total area of land 8.25 decimal
5.3

PHYSICAL SURVEY INFORMATION

During course of our physical survey we have found the apartment measuring 1800 sft on the 1 st
floor including car parking on the ground floor and common space within a 10(ten) storied residential
building. The land is demarcated by brick wall. During our physical survey we have taken some
photographs of land building & apartment, a sketch of location map which are given in annexure of our
report.
PHOTOGRAPH

Annexure A

LOCATION MAP

Annexure - B

POSSESSION OF THE APARTMENT

The apartment is under possession of the owner mentioned as above.
PARAMETERS OF LAND(CHOWHUDDY)
At the time of our physical survey we have found that the land is well demarcated and butted & bounded
as follows.
North
South
East
West

: Road No -4(40 ft wide)

: Plot No.- 52/53
: Plot No.- 62
: Plot No.- 64

LOCATION OF THE LAND & APARTMENT

The apartment is located at Apartment No. 1/A on the 1 st floor, Plot No.- 63, Road No.- 04, Block No. D,
Bashundhara Residential Area, which is about 100 meter to the East of D Block Boro Mosjid (Islamic
Research Institute).
Cont P/06

Report No. 786/RISL/NRBC/BAN/025/2016, Page No.06

IMPORTENCE OF THE LOCALITY

This area is well planned modern residential area in Dhaka City having all kinds of utility facilities such as
wide road, gas, electricity, water, telecommunication, Convention centre, International level Hospital,
University, Shopping centre etc.
Classification of land
Nature of land
Utility Connection
Communication Facilities

: Developed high land

:Residential land
:The plot has gas, electricity, water supply system etc.
: Well connected by 40 ft wide road.

POSSIBILITIES OF FUTURE IMPROVEMENT OR FUTURE DISADVANTAGE FACTORS

This area is well planned residential area within Bashundhara Housing area .
LEGAL ASPECT OF THE PROPERTY
Legal aspect of the properties may be obtained directly from the legal adviser.
OCCUPANT OF THE PROPERTY :

As owner of the property

ANNUAL INCOME FROM THE PROPERTY : Not known

DESCRIPTION OF THE APARTMENT(PROPOSED FOR MORTGAGE)
The apartment (proposed for mortgage) is within a 10(ten) storied residential building. The building is
built of RCC Column foundation with RCC frame structure having lintel, stair cases, roof slab with RCC
works. Floor finished with tiles, doors are wooden & windows are iron grill with Aluminium frame & glass.
All fittings quality are standard. Apartment has 03 bed, 1 drawing, 1 dinning,1 kitchen,04 bath & 04
balcony.
Year of construction 2015 - 2016
Floor measurement of apartment (as per approved plan) 167.23 sqm or 1800.00 sft + 01(one) car
parking and other common spaces.
PARTICULARS OF THE BUILDING
NO. OF STORIED
PLINTH HEIGHT
FLOOR HEIGHT
FACE OF BUILDING
TYPE OF FOUNDATION
TYPE OF STRUCTURE
TYPE OF ROOF

:10 Storied building

:2 ft.
:10 ft.
:South facing
: Column foundation
:RCC frame structure
:RCC slab
Cont P/07

Report No. 786/RISL/NRBC/BAN/025/2016, Page No. 07

TOTAL APARTMENT

:09 apartment & 1 apartment in each floor

FLOOR FINISHING

:Tiles , Marble stone

WALL FINISHING

:Plastic paint

ROOMS

:03 bed,01 dinning, 01drawing, 01kitchen,& 01servant room etc.

ELECTRICICAL FITTINGS

:Standard

DOORS & WINDOWS

:Wooden doors & Thai aluminium windows .

ELECTRICAL FITTINGS

:Standard

SANITARY FITTINGS :Standard with modern amunities

BOUNDARY WALL

:Brick boundary wall .

NAME OF DEVELOPER

:Reliance Holdings Ltd.

NAME OF BUILDING

:Reliance Afia Mizan.

BASIS OF VALUATION OF APARTMENT

The valuation of apartment depends on its location, size, design of building, quality of construction
material & developer etc. To evaluate the current value of the apartment, we have considered the price
recently paid for apartment of similar type, size and purpose in the same location and also discussed with
relevant authorities.
VALUATION OF APARTMENT
The valuation of apartment is fluctuation nature. During the course of valuation, We have inquired the
developers & apartment owners with a view to arrive at an average consensus rate as to the market price
of the apartment in the locality, also considering location, size of the apartment and future prospects of
the locality. We came to learn the prevailing rate of the buying, selling, assignment conveyance of interest
with rights, titles and benefits of land the last six months in and around Bashundhara residential area is
Tk. 6.50/7.50 thousand per sft.
To arrive at a fair value of apartment we have taken the present market rate of the same is Tk. 6,500.00
per sft.
Therefore, the present Market value of 1800.00 sft. Apartment appears to be. Tk. 1,17,00,000.00
01(one) Car parking

L.S

Tk.
5,00,000.00
Total : Tk. 1,22,00,000.00

Cont P/08

Report No. 786/RISL/NRBC/BAN/025/2016, Page No. 08

SUMMARY OF VALUATION
PRESENT MARKET VALUE
Apartment
Car parking

:
:

1800.00 sft @ Tk. 6,500.00 per sft.

01(one) Car parking
Total :

Tk. 1,17,00,000.00
Tk.
5,00,000.00
Tk. 1,22,00,000.00

In word: (Taka One crore twenty two lac only)

DISTRESSED VALUE(FORCED SELLING)
For providing you a guide line determining the worth of the property of the borrower we have drawn a
calculation of the land in case of forced selling of aforesaid. The value of land has calculated as follows :
Apartment
Car parking

:
:

1800.00 sft @ Tk. 5,200.00 per sft.

01(one) Car parking
Total :

Tk. 93,60,000.00
Tk. 4,00,000.00
Tk. 97,60,000.00

In word: (Taka Ninety seven lac sixty thousand only)

Note : Every care has been taken in issuing this report, in spite of that if any discrepancy is found, you
are requested to return to us without hesitation for necessary rectification within fifteen days from the date
of issuance of this report.
DECLARATION
We have assessed the said property which to be accept as collateral in case the same is free from all
encumbrances. At the time of our physical inspection we have assessed the present market value of the
properties after checking and verifying of present market price. After checking of all relevant
papers/documents from respective department we will provide a search report later. The value thus
assessed by us is quite fair and reasonable.
This report is issued WITHOUT PREJUDICE.

For,
Radius Inspection Services Ltd.

Managing Director
Md. Mashiur Rahman