Friday, 6 September 2024

Good News! Bookings Open for Heera Luxury City - Dr Nowhera Shaik Highlights Prime Investment Opportunity in Hyderabad


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Good News! Bookings Open for Heera Luxury City - Dr Nowhera Shaik Highlights Prime Investment Opportunity in Hyderabad

Introduction

Exciting news for property investors and those looking to settle claims with Heera Group! Dr Nowhera Shaik has announced the opening of bookings for Heera Luxury City, a prime investment opportunity in Hyderabad. This development comes as a result of a recent valuation report and Supreme Court approval, making it a significant event in the real estate market.

About Heera Luxury City

Heera Luxury City is a prestigious project managed by M/s. Heera Retail (Hyd) Pvt Ltd, under the leadership of CEO Dr Nowhera Shaik. The project aims to offer a blend of luxury living and strategic investment in one of Hyderabad's most sought-after locations.

Prime Location: Tolichowki, Hyderabad

The property is situated near Tolichowki junction and the road to Golconda Fort, spanning an impressive 33,000 square yards. This area is known for its:

  • Excellent connectivity

  • Proximity to historical landmarks

  • Blend of residential and urban characteristics

  • High demand for real estate

Valuation Report Highlights

On September 2nd, 2024, a comprehensive valuation report was released by A. Madhusudan, a government-registered valuer. Key findings include:

  • Fair market value: Rs. 75,37,71,420 (as of August 26, 2024)

  • Realizable value: Rs. 67,83,94,2780 (considering a 90% adjustment factor)

  • Land classification: Residential and urban

  • Development potential: Both commercial and residential

Investment Opportunity for Claim Settlement

Dr Nowhera Shaik has prioritized settling investors' claims by offering Tolichowki land plots at a discounted price. This presents a unique opportunity for:

  • Investors looking to settle claims

  • Those seeking prime real estate at favorable rates

  • Individuals interested in Hyderabad's growing property market

Supreme Court Approval

The sale of this property has received approval from the Supreme Court, specifically for the purpose of settling claims. This ensures:

  • Legal clarity

  • Smooth transaction process

  • Protection of investors' interests

Property Details and Potential

The Heera Luxury City property offers significant development potential:

For Apartments:

  • Land rate: Rs. 6,333 per square foot

  • Estimated construction costs: Rs. 2,500 per square foot

For Villas:

  • Land rate: Rs. 20,267 per square foot

  • Estimated construction costs: Rs. 3,500 per square foot

The land is level and ready for development, with no reported encroachments or final agreements, adding to its appeal.

Discounted Pricing for Heera Group Family

As part of Dr Nowhera Shaik's commitment to resolving investor claims, the Heera Luxury City plots are being offered at a discounted price to the Heera Group family. This initiative aims to:

  • Facilitate quick claim settlements

  • Provide value to loyal investors

  • Boost confidence in the Heera Group

How to Book Your Property

Interested investors can follow these steps to book their property in Heera Luxury City:

  1. Contact the Heera Group office at:

  2. Verify all legal documents, including:

    • Land titles

    • Accurate measurements

    • Necessary clearances

  3. Review the physical land survey and land sketch from the Revenue Department

  4. Confirm there are no legal disputes or encroachments

  5. Check road access and any potential government impacts (e.g., road widening)

  6. Ensure the property meets Urban Land Ceiling (ULC) requirements

  7. Proceed with the booking process as guided by the Heera Group representatives

Conclusion

The opening of bookings for Heera Luxury City marks a significant milestone for both Dr Nowhera Shaik and potential investors. With its prime location in Tolichowki, Hyderabad, Supreme Court approval, and discounted pricing for claim settlement, this opportunity presents a win-win situation for all parties involved.

Don't miss out on this chance to own a piece of Hyderabad's promising real estate market while potentially settling your claims with Heera Group. Contact the Heera Group office today to learn more about how you can be part of Heera Luxury City.

Book Your Property in Heera Luxury City Now

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own due diligence and consult with financial advisors before making any investment decisions.

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