Find out the encumbrance factor and value of the usable FSI from following particulars of the proper

Find out the encumbrance factor and value of the usable FSI from following particulars of the property : Land area - 533 Sq Sq m Total built-up area - 205 Sq m Permissible FSI - 1 Rate of construction cost - Rs. 5000 per Sq m Rate of land cost - Rs. 2000 per Sq m Desired rate of return - 9% Usable carpet area - 155 Sq m Monthly Rent on carpet area basis - Rs. 50 per Sq m Solution Cost of construction = 205 x 5000 = 1025000 Cost of FSI used = 205 x 2000 = 410000 Total cost = 1435000 Desired Yield @ 9% = 1435000 x 0.09 =129150 Estimated Yield = 50 x 155 x 12 = 93000 Usual outgoings = 1/6 of yield = 93000/6 = 15500 Net annual yield = 77500 Hence, encumbrance factor = 77500 = 0.833 93000 Usable FSI = 533 - 205 = 328 Sq m Value of usable FSI = 328 x 0.833 x 2000 = 546448

 

Dear sir, please share short notes/sample paper for central banking paper