1. INTRODUCTION
‘ Estimation
‘ Before taking up any work for its execution, the owner or builder should have a thorough knowledge about the volume of work that can be completed within the limits of his funds or the probable cost that may be required to complete the proposed work.
‘ Calculating the quantities from the dimensions on the drawings, prepare an estimate, drawings consisting of the plan, elevation and the sections through important points, along width a detailed specifications giving description of all workmanship, properties of materials.
‘ Estimate for any construction work may be defined as the process of calculating the quantities and costs of the various items required in connection with the work.
‘ Estimation work out for find total cost of new construction.
‘ Valuation
‘ The valuation is the art of Estimating or determining the fair price or value of any property.
‘ The property includes both the land on which it is constructed and the structure.
‘ Valuation work out for find out market price of property
‘ The value of property is simply determined by deducting depreciation from the total cost of construction
Value of Structure = Total cost ‘ Depreciation
‘
1.1 DEFINATIONS
‘ Cost
The term cost means the actual amount of money used in construction of structure.
‘ Value
The term value means the worth of the property in market.
‘ Price
It indicates the total cost of structure plus the profit of the builder.
‘ Depreciation
It is gradual loss in value of the property its life, wear, tear and decay.
‘ Market Value
The amount which obtained at any particular time from the open market if the property is put for sale.
‘ Book value
The value of property shown in the account book in the particular year.
Book value = Original ‘ Total Depreciation till the end of the year
‘ Scrap value
Scrap value is the value of dismantled materials of a propert at the end of its utility period
The scrap value of a building may about 10% of its total cost.
‘ Salvage value
It is Estimated value of property at the end of its useful life without being dismantled.
‘
1.2 AIM & OBJECTIVES
‘ The Aim of our project is to understand Valuation and Estimation process.
‘ Objectives:-
‘ To study different drawings related with building.
‘ Quantity calculation of various types of material required in building.
‘ To conduct market survey.
‘ To prepare rate analysis.
‘ To prepare detailed Estimate.
‘ To understand Valuation process.
1.3 PURPOSE
‘ ESTIMATION
1. Preliminary study of the project
2. Administrative approval
3. To get loan from bank
4. For insurance purpose
5. For deciding taxes
‘ VALUATION
1. Buying or selling Property
2. Security of loans
3. Rent fixation
4. Insurance
5. Taxation
6. Court fees
7. Gift tax
8. Balance sheet
‘
1.4 TYPES OF ESTIMATE
‘ A detailed estimate:
‘ A preliminary or approximate or rough estimate:
‘ A quantity estimates or quantity survey
‘ Revised estimate
‘ A supplementary estimate
‘ Revised estimate and supplementary estimates due to reduction of cost
‘ A complete estimate
‘ Annual maintenance or repair estimate
1.5 METHODS
‘ ESTIMATION
1. Center-line method
2. Long wall- short wall method
‘ VALUATION
1. Rental method
2. Land and building based method
3. Profit based method
4. Development based method
‘
1.6 DATA REQUIRED
‘ ESTIMATION
1. Drawings
The detailed drawings of plan, elevation and section, drawn to a scale are necessary to take the details of measurements of various items of work.
2. Specifications
The specifications gives the nature, quality and class of materials, their proportion, method of execution and workmanship and the class of labour required. The cost of the work varies with its specifications. The cement mortar with 1:3 is more costlier than cement mortar with 1:6
3. Rates
The rates for various items of work, the rates of various materials to be used in construction, the wages of different categories of labour should be available for preparing an estimate. The location of the work and its distance of source of materials and cost of transport should be known. These rates may be obtained from the Standard Schedule of Rates prepared by the engineering.
‘ VALUATION
1. Photographs of building
2. Owner detail
3. Property details
4. Physical detail (no. rooms, types of building, floor height, age of property)
5. Stage of construction
6. Total built up area
7. Types of material used in flooring, plastering, doors, windows.
8. Physical condition
2. LITERATURE REVIEW
‘ We have reviewed various patents and research papers related to our project.
2.1 RESEARCH PAPERS
PAPER-1
Model Based Estimating System for
Civil Concrete Structures
Authors: Robin Drogemuller
Kwok-Keung Yum
Thomas Froese
Research Project No: 2005-0008-C-01
ABSTRACT
‘ The main objective of this project is to assess the feasibility of model based automate estimating (AE) in civil engineering works.
‘ The Automatic Estimator :- It is a software package which reads Building Information Model (BIM) and calculate the material quantities and generate Bill of Quantity (BOQ) and then estimate the all over cost of project.
‘ The Building Information Model (BIM) contains components such as beams, columns, walls, floors, slabs, doors, windows, etc.
‘ The software analysis the all structure components.
‘ By evaluating the contents of the project model, the system derives a work breakdown structure (WBS) for the proposed project.
‘ It list out various items in project.
‘ From the Given the project model and the derived WBS, the system apply geometric and semantic reasoning to calculate the quantities associated with each WBS item.
‘ The system determines the appropriate unit prices to apply against each estimate item.
‘ The price is select automatically from some database like SOR (schedule of rates) or entered manually by estimator, and Finally it gives detailed Estimate in suitable table form.
PAPER-2
Estimating Building Construction Costs by Production Processes
Authors :- M.V. Montes,
R.M. Falc”nand
A. Ram”rez-de-Arellano.
Publication:- The Open Construction and Building Technology Journal, 2014.
ABSTRACT
‘ In the Spanish construction industry, the current international Crisis has revealed a lack of competitiveness that requires a series of structural changes in order to improve the efficiency of the traditional production system.
‘ Since this efficiency is defined as the ratio of results obtained to costs incurred and the optimization of any production system is achieved once its life cycle efficiency is maximized, the optimization of any system with an expected result can only be carried out once economic, environmental and social costs are minimized.
PAPER-3
Characteristics of Depreciation in Commercial and Multi-Family Property
Author :- Sheharyar Bokhari
ABSTRACT
‘ The paper is based on a much larger and more comprehensive database than prior studies of depreciation, and it is based on actual transaction prices rather than appraisal estimates of property or building structure values.
‘ Depreciation is measured as a fraction of total property value.
‘ Depreciation rates vary considerably across metropolitan areas, with areas characterized by space market supply constraints exhibiting notably less depreciation.
‘ The result was a model in which the building structure (excluding land) becomes completely worthless (fit for redevelopment) after generally 65 to 85 years of life, with the rate of depreciation growing with the age of the structure
PAPER-4
Building Information Modeling Based Time Cost Planning in Construction Project
Authors:- zaran puck
Natasha suman
Uros kalansk
Research Project No: 1996-200008-EE-001
ABSTRACT
‘ In this study time and cost planning in construction projects using building information modeling (BIM) approach.
‘ By this method scheduling plan for the construction, common work of different worker, application of material, assignment of workers, employment of machinery by using modeling software (Bentley architecture, Revit architecture Tekla etc.
‘ By using BIM applications in the various scheduling tools and cost estimation for employable for wider use (victor office R4(2012))
2.2 LIST OF PATENTS
Sr no Title of Invention Patent No. Application No.
1. METHOD AND SYSTEM FOR ESTIMATING PROJECT COSTS WO/2006/034541 PCT/AU2005/001484
2. CONSTRUCTION COST ESTIMATING AND SCHEDULING SYSTEM AND METHOD 20100088240 12/496417
3. DYNAMIC RESIDENTIAL COST ESTIMATION PROCESS 7389255 10/721921
4. HOME VALUATOR 20080288335 12/152132
5. ONLINE USER DIRECTED VALUATION MODEL (UDVM) 20110196762 13/021488
6. SYSTEM AND METHOD FOR VALUATION OF BUILDINGS. WO/2002/089054 PCT/US2002/013585
7. SYSTEM AND METHOD FOR DETERMINING A REAL ESTATE PROPERTY VALUATION 20080301064 11/538996
8. METHOD OF STABLISHING AN INSURABLE VALUE ESTIMATE FOR A REAL ESTATE PROPERTY 10/202849 US20040019517A1
9. MARKET VALUE MERTIX 10/748890 US200910018891A1
10. PROCESS FOR AUTOMATED OWNER-OCCUPIED RESIDENTAL REAL ESTATE VALUATION US20020007336A1 US 2002/0007336
11. VALUE AND RISK MANAGEMENT SYSTEM FOR MULTI-STOREY BUILDING CONSTRUCTION 09/994740 US2004/0215551A1
12. PROVIDING ACCOUNTING SOFTWARE APPLICATION AS ENTERPRISE SERVICES 11/396327 US2007/0233541A1
Table 1 List of patents
3. MATERIALS AND METHODS
3.1 MATERIALS & TOOLS
1. Digital distance meter
2. Measuring tape
3. Structural drawings
4. Quantity sheet
5. Schedule of rate
6. Measurement sheet
3.2 WORK DONE
‘ In this semester our team prepare Detailed Estimate of structure and understand the Valuation process
3.2.1 LIST OF GOVERNMENT APPROVED VALUER IN ANAND
1. Manish Shah
2. Megha Patel
3. Gaurang Rathod
4. Krishna Developers
5. Mahesh P. Bhatt
6. Mihir Dave & Associates
‘ Contact each and every valuer and Finally Mr. Mahesh Bhatt Sir agree for helping us in our project.
3.2.2 DESIGN OF SLAB
‘ Conducted a site visit at S.B.I building near ‘Janta Chokdi’, which first floor was under construction.
‘ Design slab of building because the structural drawing of slab is not prepared yet.
Figure 1 Key plan of S.B.I building
Figure 2 Ground floor plan of S.B.I building
Figure 3 Existing first floor plan of S.B.I building
Figure 4 Proposed first floor plan of S.B.I building
Figure 5 Elevation of S.B.I building
Figure 6 Slab detail
‘ Slab design as,
SLAB TYPE OF SLAB
slab-1 one way
slab-2 two way
slab-3 two way
slab-4 two way
slab-5 two way
slab-6 two way
slab-7 one way
slab-8 two way
slab-9 two way
Table 2 Types of slab
DESIGN OF TWO WAY SLAB
GIVEN DATA
Column1 Column2 Column3 Column4 SLAB-2
long short
slab dimension 4.72 2.62
D (mm) 135
clear cover (mm) 20
d of bar (mm) 10
effective depth 110
LOAD CALCULATION
load calculations (KN/M2)
D.L of slab 3.375
live load 3
floor finish 1
total 7.38
factored load 11.06
fck 20 wall thickness along longer directions (m) 0.3 0.3
fy 415 wall thickness along shorter directions (m) 0.3 0.3
MID SPAN MOMENT
ly 4.83
lx 2.73
ly/lx ratio 1.77 TWO WAY SLAB
from table 27 IS 456
1 0.056
1.1 0.064
1.2 0.072
1.3 0.079
1.4 0.085
1.5 0.089
2 0.107
Interpolation
ly/lx ”x ”y
lower value upper value exact value lower value upper value interptn. value
1.75 2.00 1.77 0.089 0.107 0.090 0.056
mid span moments
Mux 7.45
Muy 4.62
REINFORCEMENT
AT MIDDLE STRIP
Width of middle strip (m) Pt Ast ( sq.mm) Bar size Spacing (mm) Spacing provided (mm)
(mm)
Along Lx 2.05 0.18 194.89 8 257.78 190
Along Ly 3.62 0.24 264 8 190.3 190
Ast provided
264.42
264.42
reinforcement in longer direction 8 @ 190 c/c
reinfocement in shorter direcion 8 @ 190 c/c
AT EDGE STRIP
width of edge strip min. Ast per m bar size spacing
along lx 0.34 162.00 8 310.12
along ly 0.60 162.00 8 310.12
spacing provided Ast provided
300 167.47
300 167.47
EFFECTIVE DEPTH FOR FLEXURE
here Mu flexure 7.45
dmin 50.18
check ok
CHECK FOR CRACKING
along lx ok
along ly ok
CHECK FOR DEFLECTION
Pt M.F allowable l/d actual l/d CHECK
0.152 2.0 57.25 24.82 ok
Figure 7 Beams detail
Figure 8 slab details
3.2.3 MARKET SURVEY
MATERIAL RATE RATE FOR 2017 – 2018
Sr.No. Description Unit Rate
1 Ordinary Portland Cement per bag 280
2 Hydraulic lime (Sagol) per bag 200
3 White Cement per bag 1000
4 Sand M3 800
5 Metal 20 to 4o mm M3 1200
6 Lime Mortar M3 1200
7 Grit M3 900
8 Bricks
1st Class Brick 1000 Nos. 5000
2nd Class Brick 1000 Nos. 4000
3rd Class Brick 1000 Nos. 3500
9 Brick bat M3 800
10 Reinforcement steel
a) M.S.steel M.Ton 45000
b) Tor Steel M.Ton 45000
c) TMT M.Ton 48000
d) Binding wire 17 No. Kg. 60
f) M.S.wire nails Kg. 80
11 Dismantling work : M3 1200
12 Water Proofing Material Liter / Kg 50
13 Indian Teak wood Ft3 1400-1500
14 Commercial plywood Sheet
12 mm thick M2 480
15 a) Iron oxide fittings
i) Hinges 10 cm pair 30
ii) Aldrop 35 cm x 15 cm No. 20
iii) Latch 28 cm No. 30
iv) Stopper 150 mm long No. 30
v) Stopper 100 mm long No. 25
vi) Handles 100 mm No. 10
b) Brass fittings
i) Hinges 10 cm pair 70
ii) Aldrop 35 cm x 15 cm No. 450
iii) Latch 28 cm No. 40
iv) Brass Stopper 150 mm long No. 32
v) Brass Stopper 100 mm long No. 25
vi) Handles 100 mm No. 90
c) Aluminium fittings
i) Hinges 10 cm pair 30-90
ii) Aldrop 35 cm x 15 cm No. 240
iii)Tadi 28 cm (Latch) No. 80
iv) Stopper 150 mm long No. 60
v) Stopper 100 mm long No. 40
vi) Handles 100 mm No. 25
16 Rolling Shutter 3.5 M Wide M2 1500
17 Flooring items
a) Polished Kota Stone M2 400
b) Rough kota stone M2 350
c) Polish or machine cut kota stone M2 500
d) Mosaic tiles M2 290
s) Glazed tiles 15 x 15 cm M2 22
f) Ceramic tile M2 300
g) Vitrified tile M2 450
h) Marbogranite (Kalain) M2 650
i) marbel chips Quintal 900
j) Precast Cement Concrete tiles M2 1000
k) Manglore Tiles 1000 No. 12000
18 Plywood
a) 8mm thick M2 290
19 Glass
a) Plain glass sheet 3mm thick M2 300
b)Plain glass sheet 6mm thick M2 450
c)Wired figured glass 6.4 mm thick M2 360
20 Painting Materials :
a) Enamel paint Liter 230
b) Emulsion paint Liter 70
c) Whether coat paint (cement Liter 250
based paint )
d) Red oxide Liter 60
e) Turpentine Liter 35
f) Asphalt Kg. 80
g) White powder Kg. 30
21 White Vitrious W.C. squatting pan
a) Indian type – 580 mm size No. 700
b) European No. 2000
22 Gully Trap 150 mm x 100 mm No. 300
23 Diesel for roller Liter 60
Table 3 Market Rates
3.2.4 BAR BENDING SCHEDULE
BAR BENDING SCHEDULE
S.No Item Description No. of Bars Bar Dia
(mm) Cut Length
( m ) per m weight (kg) Total Length
( m) Total Wt ( kg)
(a) (b) (d) (f) (g) (j) (h) (i)
1 column
1) main bar 6 12 3.56 0.889 21.36 18.987
2) stirups 24 6 1.44 0.222 34.56 7.680
2 beam
1) beam 1
top 2 12 11.95 0.889 23.9 21.244
bottom 3 16 12.02 1.580 36.06 56.984
stirups 69 8 1.44 0.395 99.36 39.253
beam-2
top 2 12 11.95 0.889 23.9 21.244
bottom 3 16 12.02 1.580 36.06 56.984
stirups 69 6 1.44 0.222 99.36 22.080
beam-2 22.08
beam-3 22.08
beam-4
top 2 12 21.83 0.889 43.66 38.809
bottom 3 16 21.9 1.580 65.7 103.822
stirups 125 6 1.44 0.222 180 40.000
slab beam
top 2 10 65.24 0.617 130.48 80.543
bottom 3 12 65.27 0.889 195.81 174.053
stirups 374 8 0.686 0.395 256.564 101.359
3 slab (dl = .15L)
side cover=50 mm
top/bott. Cover = 20
slab-1 (one way)
main bars 19 10 3.3 0.617 62.7 38.704
distribution bars 24 6 5.27 0.222 126.48 28.107
slab-7 (one way) 0.000 0 0.000
main bars 22 10 4.44 0.617 97.68 60.296
distribution bars 32 6 6.86 0.222 219.52 48.782
slab-2 (two way)
@ middle strip
Along lx 26 8 4.02 0.395 104.52 41.292
Along ly 20 8 6.57 0.395 131.4 51.911
@ edge strip 0.000 0 0.000
along lx 6 8 3.17 0.395 19.02 7.514
along ly 8 8 5.09 0.395 40.72 16.087
slab-3
middle strip
along lx 26 8 4.02 0.395 104.52 41.292
along ly 20 8 6.57 0.395 131.4 51.911
edge strip 0.000 0 0.000
along lx 6 8 3.17 0.395 19.02 7.514
along ly 8 8 5.09 0.395 40.72 16.087
slab-4
middle strip
along lx 22 8 3.29 0.395 72.38 28.595
along ly 17 8 4.35 0.395 73.95 29.215
edge strip 0.000 0 0.000
along lx 6 8 2.61 0.395 15.66 6.187
along ly 6 8 3.38 0.395 20.28 8.012
slab-5
middle strip
along lx 22 8 4.02 0.395 88.44 34.939
along ly 20 8 4.35 0.395 87 34.370
edge strip 0.000 0 0.000
along lx 6 8 3.17 0.395 19.02 7.514
along ly 6 8 3.38 0.395 20.28 8.012
slab-6
middle strip
along lx 22 8 3.64 0.395 80.08 31.637
along ly 19 8 4.35 0.395 82.65 32.652
edge strip 0.000 0 0.000
along lx 6 8 2.88 0.395 17.28 6.827
along ly 6 8 3.38 0.395 20.28 8.012
slab-8
middle strip
along lx 43 8 5.11 0.395 219.73 86.807
along ly 17 8 8.85 0.395 150.45 59.437
slab-9
middle strip
along lx 32 8 5.62 0.395 179.84 71.048
along ly 21 8 6.14 0.395 128.94 50.939
edge strip 0.000 0 0.000
along lx 6 8 4.38 0.395 26.28 10.382
along ly 6 8 1.78 0.395 10.68 4.219
TOTAL QUANTITY ( 1783.488
SAY 1784
RATE PER KG 50
TOTAL COST 89200
Table 4 Bar bending schedule
3.2.5 FINAL ESTIMATE OF PROPOSED S.B.I BUILDING
Table 5 Final Estimate of proposed S.B.I building
3.3 CANVASES
3.3.1 AEIUO CANVAS
Figure 9 AEIOU canvas
3.3.2 IDEATION CANVAS
Figure 10 Ideation canvas
3.3.3 EMPATHY MAPPING CANVAS
Figure 11 Empathy mapping canvas
3.3.4 PRODUCT DEVELOPMENT CANVAS
Figure 12 Product development canvas
4. 8th SEMESTER WORK
4.1 STUDY OF VALUATION PROCESS
‘ Visited Mahesh Bhatt’s client Rakeshbhai Prajapati’s house At Deepajali society, 100ft road, Anand on 15 march , 2018.
‘ Collected required data like flooring material, total built up area, internal and external plaster, tiles fitting etc.
‘ Checked Legal documents related with property at Syndicate Bank, Gamdivad, Anand.
Figure 13 Rakeshbhai Prajapati’s house
4.1.1 VALUATION REPORT
VALUATION REPORT
( In Respect Of Land / Site And Building )
I Customer Details
Name : Shri Rameshwarlal Gangaram Parajapati ( Late ) Application Number->
Present Owner : Shri Rakeshbhai Rameshwarlal Parajapati ( As per Pedhinama )
Case Type :
2 Asset Details :
Address : Sub Plot ‘ 2, Deepavali Society, 100′ foot Road, Anand 388 001
Nearby Land Mark : 100 Feet Road
3 Document Details Approving Authority Approval No
Lay Out Plan Yes / No
Building Plan Yes / No N.A. permission is obtained from Authority as per letter No LND/NA/38/1982 dated 03-03-1983.
Construction Permission Yes / No Construction Permission is obtained from Anand Area Development Authority as per Raja Chithi No-458 dated 19-10-1992.
Legal Document Yes / No Document List’ Sale Deed, City Survey
4 Physical Details ‘
a Adjoining Properties –
b Matching of Boundaries> Yes / No Approved Land Use – Housing
Plot Demarcated->Yes/ No Type of Property-> Residential /Commercial/Industrial
c No of Rooms Living/Dining> 2: Bed Rooms->3: Kitchen->1 : Toilet->3
d Total Floors’ 2 Location of Property ‘ City Sur.- No 1631, Final Plot No-435 Paiky, T.P.S. No-3, Sub Plot No-4, Milkat No-12/29/175
e Approximate age of Property – 25 years Residual Age of Properties’45 years
f Type of Structure : R.C.C. Framed Stone Brick Masonry Combined
5 Tenure / Occupancy Details : Owned / Rented
Relationship to Owner : Nil / – Number of Years of Occupancy : 25
6 Stage of Construction
‘ Completed Under Construction Extent Of Completion
7 Violation If Any Observed
Nature And Extent of Violation
Carpet Area / Built Up Area
115.57 sq.m. ( G.F.-42.41 + F. F.-52.01 +
+ Stair Way ‘ 21.15 sq.m. )
8 Area Details Of The Property
Site Area / Plot Area 60.27 sq.m.
Built Up Area- 115.57 sq.m. Saleable Area-. All Remarks –
9 Estimated Valuation
Market Value Rs. 25,01,000.00
Realisable Value in case of Distress sale Rs. 21,26,000.00
10 Assumptions/ Remarks
11 Declaration
1 The property was Inspected by the under signed on -29-09-2017
2 The undersigned does not have any direct/Indirect interest in above property
3 The information furnished here is true and correct to the best of my knowledge
12 Name, address & Signature of Valuer
Mahesh P Bhatt Signature of
7,Jalaram Complex,Near Water Tank, Nana Bazzar, Vallabh Vidyanagae
Ph- O- 02692 ‘ 238330; M-9998038194 Registered Valuer
Place : VALLABH VIDYANAGAR Date : 29-09-2017
‘
ANNEXURE – 1
Three storey chali type house is constructed with 35 & 23 cm thick brick work load bearing walls, brick work footings and R.C.C. slab. N.A. permission is obtained from Authority as per letter No LND/NA/38/1982 dated 03-03-1983. Construction Permission is obtained from Anand Area Development Authority as per Raja Chithi No-458 dated 19-10-1992. The house constructed in 1993, is altered, strengthened and renovated in 2014.
Page – 3 Ref : Bnk/17-18/062/P
29-09-2017
ANNEXURE – 1
Ground Floor / First Floor / General
Front grill closed veranda, drawing room, bedroom and kitchen have vitrified tiles flooring. Kitchen has granite platform with colour glazed tiles as splash on walls up to lintel level. In built cupboard provided in kitchen, bed room and drawing room. Split A.C. of 1.50 ton capacity is fixed in drawing room. Bathroom in rear veranda have spartex floor with colour glazed tiles in dado up to ceiling level. Lav.unit in front grill closed veranda has colour glazed tiles floor and same in dado up to ceiling level. Ceiling height is 3.05 meter
R.C.C. stair from front open veranda is with marble rise and tread. Front balcony, drawing room, bedroom, kitchen and rear balcony have marble flooring. Smooth kota platform in kitchen. Bathroom in rear balcony have marble floor with colour glazed tiles in dado up to 91 cm in ht. Lav.unit in front grill closed veranda has colour glazed tiles floor and same in dado up to 91 cm in height.
R.C.C. stair from front balcony is with marble rise and tread. Stair room and open terrace on both sides have mosaic flooring, covered with brick work parapet wall and is with provision of brick work water tank. Internal surfaces of walls have smooth plaster covered with paint in ground floor and distemper in upper floors. External surfaces of walls have partly smooth plaster and partly sand face plaster covered with distemper. Wooden doors and windows with protection grills fixed in the windows. Electrical wiring is concealed type. Brick work plastered compound wall provided in front and rear space with glazed type chequered tils paving.
Estimated Value Of Property
Amount in Rs.
1) Built up area 115.57 Sqm @ Rs. 10000 /sqm = 1,155,700.00
2) Add for comp. wall, paving, cupboards etc., = 150,000.00
3) Deduct for depreciation 1,305,700.00
x 10 % -130,570.00
4) Value of land 60.27 Sqm @ Rs. 22000 /sqm = 1,325,940.00
Total Rs. = 2,501,070.00
Say Rs. = 25,01,000.00
The estimated value of land and building in City Sur.- No 1631, Final Plot No-435 Paiky, T.P.S. No-3, Sub Plot No-4, Milkat No-12/29/175, 2, Deepavali Society, 100’ foot Road, Anand 388 001, amounts to Rs. 25,01,000/- ( In Words Rupees Twenty Five Lakhs And One Thousand Only).
Forced Sale Value is considered as Rs. 21,26,000.00, as 85 % of total value Rs. 25,01,000.00
Place : VALLABH VIDYANAGAR ( M. P. BHATT )
Date : 29-09-2017 REGD. VALUER
4.2 prepare final estimate using planswift software
‘ Valuer Mahesh Bhatt sir gave us work to prepare estimate of a library building which will constructed at Lingda village, Anand.
‘ We collected necessary information about construction site and also collected drawings required for preparing the estimate.
‘ On date of 10, April 2018 conducted visit at place where library building will construct, village sarpanch brief about the project and gave basic information.
‘
4.2.1 planswift software (https://www.planswift.com)
‘ PlanSwift”, is the world’s fastest growing developer and distributor of digital estimating and takeoff software for the construction industry.
‘ It is used by more than 60,000 industry professionals, in over 60 countries.
‘ It gave highly accurate result with less time.
‘ Used structural drawings to prepare estimate.
4.2.2 process of quantity takeoff using planswift
1. Add drawings to the software
‘ need necessary autocad drawings related to project like plan, elevation, sectional drawings or scanned images of drawings in suitable format.
Figure 15 insert drawings in planswift
2. Scale the drawing or image using scale tool
‘ from the use of scale tool need to enter the scale of drawing then the drawing dimension is checked to ensure the scale.
Figure 16 insert scale of drawings
Figure 17 checking dimensions
3. The quantity takeoff
‘ the quantity of the material is find out by just measuring area or volume by taking point which it is enclosed the element.
Figure 18 quantity takeoff by joing the points
4. Generate quantity sheet
Name Description Qty Color
l flooring
reading room 14.88
storage sleves 35.34
office room 14.8
toilet 2.23
free passage 11.4
meeting room 67.69
free passage 1 12.9
store room 2.24
wall masonary
wall masonary above G.L
ground floor 60.36
first floor 33.82
Perapet wall 8
Table 6 sample of quantity sheet generated by plan swift
4.3.3 Estimation of library building using planswift software
1. We collected the drawings related to library building from the government approved valuer.
2. Download planswift software from its developer site which come with free 14 days trial.
3. Make work breakdown structure of each item and start the quantity take of procedure.
4. Generate the final report and quantity sheet.
5. From the quantity sheet and report prepare the final estimate in excel.
Figure 19 key plan of liberary building
Figure 20 ground floor plan of liberary building
Figure 21 first floor plan of liberary building
Figure 22 schedule of opening
Figure 23 schedule of opening
Figure 24 stair case detailing
Figure 25 floor area take off
Figure 26 staircase volume take off
Figure 27 exterior wall area take off
Figure 28 measurment of doors and windows area
Name Qty Color
l flooring
reading room 14.88
storage sleves 35.34
office room 14.8
toilet 2.23
free passage 11.4
meeting room 67.69
free passage 1 12.9
store room 2.24
wall masonary
wall masonary above G.L
ground floor 60.36
first floor 33.82
Perapet wall 8
wall masonary below G.L
0.35 m width 3.3
0.46 m width 4.33
0.57 m width 5.37
p.c.c work
p.c.c work 8.47
excavation
excavation 83.36
R.C.C work
SLAB 21.48
column 3.62
stairs
weist 0.8
treads+riser 0.68
landing 0.27
gross internal plaster
ciling plaster 171.6
on exterior wall 271.56
on interior wall 249.73
gross exterior plaster
on exterior wall 271.56
Door/window volume
D1 0.88
D2 2.72
D3 0.44
D4 1.6
W 4.28
door/window area
D1 3.84
D2 11.84
D3 1.89
D4 3.15
W 17.66
Table 7 quantity sheet generated by planswift
no Description quantity per total quantity unit price total price
1 excavation 83.36 CU M 83.36 90 7502.4
2 p.c.c 8.47 CU M 8.47 3100 26257
3 wall masonary below G.L 13 3200 41600
0.35 m width 3.3 CU M
0.46 m width 4.33 CU M
0.57 m width 5.37 CU M
4 wall masonary above G.L 92.26 3500 322910
ground floor 60.36 CU M
first floor 33.82 CU M
Perapet wall 8 CU M
volume of doors and windows (-)
D1 -0.88 CU M
D2 -2.72 CU M
D3 -0.44 CU M
D4 -1.6 CU M
W -4.28 CU M
5 R.C.C work 26.85 9000 241650
1. SLAB 21.48 CU M
2. column 3.62 CU M
3. stairs
weist 0.8 CU M
treads+riser 0.68 CU M
landing 0.27 CU M
6 plastering
1.internal plaster SQ M 654.51
ciling plaster 171.6 SQ M
on exterior wall 271.56 SQ M
on interior wall 249.73 SQ M
doors and windows area
D1 -3.84 SQ M
D2 -11.84 SQ M
D3 -1.89 SQ M
D4 -3.15 SQ M
W -17.66 SQ M
2. net external plaster SQ M 250.06
gross external plaater 271.56 SQ M
D1 -3.84 SQ M
W -17.66 SQ M
7 reinforcement bar KG 1703.9 55 93714.5
for slab assume 65kg/CU M 1396.2 KG
for column assume 85 kg/ CU M 307.7 KG
8 flooring SQ M 161.48 500 80740
reading room 14.88 SQ M
storage sleves 35.34 SQ M
office room 14.8 SQ M
toilet 2.23 SQ M
free passage 11.4 SQ M
meeting room 67.69 SQ M
free passage 1 12.9 SQ M
store room 2.24 SQ M
TOTAL COST FOR ABOVE WORK 814373.9
Table 8 final estimate of library building
5.0 CONCLUSION
‘ From the above project we understand how to prepare estimate and valuation report, what factors affect the value of properties, importance of estimation in construction.
‘ Understand what actual scenario on field and what parameters should consider when finding value of properties.
‘ The software based approach for estimation is very effective, it gives high accuracy in quantity calculation and consumes less time.
6.0 REFERENCES
‘ Websites
1. www.google.com
2. www.wikipedia.org
3. www.scholar.google.co.in
4. www.freepatentsonline.com
5. https://www.planswift.com
‘ ‘Professional Practice And Valuation’ By B.N Dutta.
‘ ‘ Estimation and costing’ by S.C Rangwala
‘ Syndicate Bank, Gamdi Vad, Anand
‘ Planswift software
ext in here…