Introduction
The real estate market in Hyderabad is buzzing with excitement as Heera Luxury City, a prestigious project by Heera Group, opens its bookings. This development marks a significant milestone for investors and homebuyers alike, offering a unique opportunity to own property in one of Hyderabad's most sought-after locations. In this article, we'll explore the latest updates provided by CEO Dr. Nowhera Shaik and delve into why Heera Luxury City is capturing the attention of real estate enthusiasts across the region.
About Heera Luxury City
Heera Luxury City is a flagship project of Heera Group, a renowned name in the real estate sector. This ambitious development is set to redefine luxury living in Hyderabad, offering a perfect blend of modern amenities and strategic location. The project is designed to cater to the discerning tastes of those who seek comfort, convenience, and a touch of opulence in their living spaces.
Prime Location in Hyderabad
One of the most compelling aspects of Heera Luxury City is its prime location. Situated near Tolichowki, the property enjoys proximity to some of Hyderabad's most prestigious areas:
Jubilee Hills
Film Nagar
Banjara Hills
This strategic positioning ensures that residents will have easy access to the city's business hubs, entertainment centers, and educational institutions. The location near Tolichowki junction and the road leading to Golconda Fort adds historical charm to the modern development.
Valuation Report Overview
On September 2nd, 2024, a comprehensive valuation report was released by A. Madhusudan, a government-registered valuer. Key points from the report include:
The property spans over 33,000 square yards
Classified as residential and urban open plots
High development potential due to its strategic location
No reported encroachments or final agreements
This valuation report serves as a testament to the property's worth and potential for appreciation in the coming years.
Supreme Court Approval and Discounted Pricing
In a significant development, the Supreme Court has granted approval for the sale of the land, specifically to settle investor claims. This approval ensures that the property can be sold without any legal hindrances, providing peace of mind to potential buyers.
Dr. Nowhera Shaik, in a move that demonstrates her commitment to investors, has offered the land at a discounted price. This decision not only facilitates the settlement of claims but also creates an attractive entry point for new investors looking to capitalize on Hyderabad's booming real estate market.
Legal and Valuation Details
The Heera Group property has been valued based on Sale Deed No. 5479 of 2015 and current market selling rates. As of August 26, 2024, the valuation stands at:
Total valuation: Rs. 75,37,71,420
Realizable value: Rs. 67,83,94,2780
These figures underscore the property's significant worth and potential for appreciation. To ensure a smooth development process, several recommendations have been made:
Verify all legal aspects of the property
Conduct a thorough physical land survey
Obtain necessary certifications and clearances
Check for any potential legal issues or encroachments
Confirm the accuracy of land measurements
Ensure unobstructed road access
Property Quality and Development Potential
Heera Luxury City's land is primed for development, offering:
Level terrain ready for construction
No reported encroachments or legal disputes
Zoning for both residential and urban use
For residential development, the following rates have been calculated:
Apartments: Rs. 6,333 per square foot
Villas: Rs. 20,267 per square foot
Estimated construction costs:
Apartments: Up to Rs. 2,500 per square foot
Villas: Up to Rs. 3,500 per square foot
These rates reflect current market conditions and the premium location of the property.
Dr. Nowhera Shaik: The Visionary Behind Heera Group
Dr. Nowhera Shaik, the CEO of Heera Group, is widely recognized for her visionary leadership and unwavering commitment to her investors. Her approach to business is characterized by:
Treating investors as family members
Continuous efforts to protect investor interests
A track record of successful project deliveries
Dr. Shaik's reputation for ensuring the well-being and success of her investors has fostered a strong sense of trust and loyalty within the Heera Group community.
How to Book Your Heera Luxury City Property
Interested investors and homebuyers can take advantage of this opportunity by following these steps:
Contact Heera Group's official channels:
Phone: (+91) 92810 26273/69, (+91) 91360 02818, (+91) 91360 04247
Website: www.heeragroupbackoffice.biz
Schedule a consultation to discuss investment options
Review the property details and valuation report
Complete the necessary documentation
Make the initial booking payment
Early booking is recommended to secure the best plots and potential early-bird discounts.
Conclusion
Heera Luxury City represents a golden opportunity for those looking to invest in Hyderabad's thriving real estate market. With its prime location, legal clearances, and the backing of the reputable Heera Group led by Dr. Nowhera Shaik, this project stands out as a promising investment avenue.
The combination of Supreme Court approval, discounted pricing, and the property's inherent value makes Heera Luxury City an attractive proposition for both seasoned investors and first-time homebuyers. As Hyderabad continues to grow as a major IT and business hub, properties like Heera Luxury City are poised to appreciate significantly in value.
Don't miss this chance to be part of Hyderabad's real estate success story. Contact Heera Group today to learn more about booking options and secure your piece of this prime property.
Book Your Heera Luxury City Property Now
Disclaimer: Real estate investments carry inherent risks. Prospective buyers are advised to conduct their own due diligence and seek professional advice before making any investment decisions.