Heera Luxury City, part of Heera Group, is offering a valuable investment opportunity in Hyderabad. Dr Nowhera Shaik, the CEO of Heera Group & Government valuer A. Madhusudan has given the recent valuation report for the high-demandable property located in Tolichowki, a well known area in Hyderabad.
Valuation Report Overview
On September 2nd, 2024, A. Madhusudan, government-registered valuer, released a important valuation report for the Heera Group property. This land spans over 33,000 square yards and situated near Tolichowki junction and the road leading to Golconda Fort. The property’s location offers very high potential for development.
The open plots are classified into residential and urban, in a highly demandable area. The land is level and ready for development, though it is for non-residential use. The property does not have any reported encroachments or final agreements. This traits of the property contribute positively to its market valuation subsequently.
Supreme Court Approval and Discounted Pricing
Big breaking is Supreme Court’s recent approval for the sale of the land specifically to settle investors claims. Approval of court ensures that the property can now be sold without any legal obstruction. Dr Nowhera Shaik has offered the land at a discounted price to the investors for easy settlement of claims, also making it an attractive opportunity for investors to invest on the land.
Legal and Valuation Details
The valuation of the Heera Group property, based on Sale Deed No. 5479 of 2015 and market selling rates, is at Rs. 75,37,71,420 as of August 26, 2024. The in-depth analysis further says a realizable value of Rs. 67,83,94,2780 (Rupees Six Hundred Seventy-Eight Crore Thirty-Nine Lakh Forty-Two Thousand Seven Hundred Eighty Only), aiming at the high demand and best positioning of the land.
Several suggestion have been made to ensure the validity and successful execution of any development projects on the property. These include verifying legality, conducting a physical land survey, and obtaining necessary certifications. The client is advised to check for any potential legal issues or encroachments, confirm the accuracy of land measurements, and ensure unobstructed road access.
Property Quality and Development Potential
The Heera Luxury City land is marked into residential and urban zones, making it desirable for development. The property is level and ready for development, with no reported encroachments or legal disputes. Opening door for investments.
For residential development, the land rate is calculated at Rs. 6,333 per square foot for apartments and Rs. 20,267 per square foot for villas. Construction costs are estimated upto Rs. 2,500 per square foot for apartments and Rs. 3,500 per square foot for villas. These rates are under the current market conditions and due to the advantage of the land’s location.
Big Praising For Heera Group Ceo Dr Nowhera Shaik
Dr Nowhera Shaik, CEO of the Heera Group, is the strongest pillar of the Heera group family. Her solid commitment for her investors, who are seen as of her own family, is the reason for her continuous struggle & finally the struggle is fruitful. Investors know that with Dr Nowhera Shaik will protect their interests and safeguard their spendings. Their believe has been standing with Dr Nowhera shaik since day one.
Her reputation for ensuring the well-being and success of her investors shows the confidence and respect, making every investment with the Heera Group a beautiful journey guided and supported bye her exceptional leadership and genuine concern for her investors’ prosperity.
Conclusion
Dr Nowhera Shaik and the Heera Group’s first priority is settlement of investor claims by offering Heera Luxury City lands at a discounted rate. Also, Supreme Court’s approval ensures a clear path for the sale of land, free from legal obstacles or any encroachments. This opportunity should not be missed as it is an excellent investment for those looking to buy lands and real estates at Hyderabad city.
