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Heera Luxury City: A Prime Real Estate Investment in Jubilee Hills, Hyderabad

Introduction

Heera Luxury City, a project by the renowned Heera Group, presents an exceptional real estate investment opportunity in Jubilee Hills, Hyderabad. This prime land is now available at an unbeatable discounted rate, exclusively for Heera Group family members and open to all investors seeking to own a valuable piece of land in one of Hyderabad's most sought-after locations.

Supreme Court Approval

In a significant development, the Supreme Court has recently approved the sale of this land specifically to settle investor claims. This approval ensures that the property can now be sold without any legal obstacles, providing peace of mind to potential buyers and investors.

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Property Details

The property is located in Town Survey Nos. 12, 13, 14, & 15/1, Block M, Ward No. 13, Jubilee Hills, Film Nagar, Hyderabad, Telangana - 500 008. Key features include:

• Total land area: 33,060.15 square yards (27,642.50 square meters)

• Classification: Residential and urban

• Location: Approximately 1 km from Tolichowki junction and 0.8 km from the road towards Golconda Fort

• Connectivity: Situated on a proposed 80' road leading to 7 Tombs

• Terrain: Level land, currently designated for non-residential use but with potential for commercial and residential development

Valuation Insights

On September 2nd, 2024, A. Madhusudan, a Government Registered Valuer specializing in immovable property, issued a detailed valuation certificate for M/s. Heera Retail (Hyd) Pvt Ltd. The valuation process considered:

• Current market rates in Hyderabad

• Sale Deed No. 5479 of 2015

• Demarcation Report

• Various utility bills

The valuation results are as follows:

• Estimated value as of August 26, 2024: Rs. 75,37,71,420

• Realizable value: Rs. 67,83,94,2780 (Rs. 678.39 Crores)

The valuation process incorporated varying rates based on location:

• Interior locations: Approximately Rs. 1.52 lakh per square yard

• Main road properties: Up to Rs. 3.04 lakh per square yard

• Average rate used for this property: Rs. 2.28 lakh per square yard

This average rate reflects recent transaction values, which have reached as high as Rs. 3.10 lakh per square yard on main roads.

Investment Potential

Several factors contribute to the high investment potential of this property:

1. Prime location in Jubilee Hills, one of Hyderabad's most prestigious areas

2. Excellent connectivity and proximity to key landmarks

3. Large land area suitable for various development projects

4. Residential and urban classification, allowing for flexible use

5. Absence of reported encroachments and final agreements

6. Supreme Court approval for sale, ensuring legal clarity

Dr. Nowhera Shaik's Offer

Dr. Nowhera Shaik, CEO of Heera Group, has set specific pricing for the land in Jubilee Hills, Film Nagar, Hyderabad:

• Minimum price: Rs. 5 lakh

• Maximum price: Rs. 5 crore

This pricing strategy aims to:

1. Protect against fraudulent activities

2. Safeguard the interests of land buyers

3. Counter attempts to defame Heera Group through organized fake buying and selling attempts

Buying Process

To ensure a transparent and secure transaction process, Heera Luxury City has taken control of the selling process. This approach helps:

1. Maintain control over the sale

2. Protect buyers' interests

3. Prevent fraudulent activities

For a successful purchase and development, potential buyers should:

1. Verify the legal status of the property

2. Conduct a physical survey

3. Obtain all necessary certifications

4. Check for any legal issues or encroachments

5. Confirm land measurements

6. Ensure clear road access

For more information, interested parties can contact:

• Phone: (+91) 92810 26273/69, (+91) 91360 02818, (+91) 91360 04247

• Website: www.heeragroupbackoffice.biz

Conclusion

The Heera Luxury City property in Jubilee Hills, Hyderabad, represents a remarkable investment opportunity. With its prime location, favorable valuation, and the backing of Dr. Nowhera Shaik's reputation, this property stands out in the real estate market. The combination of strategic location, solid market valuation, and legal clarity makes this an investment opportunity that savvy investors should not overlook.

As the real estate market in Hyderabad continues to grow, properties in prime locations like Jubilee Hills are expected to appreciate significantly. The discounted rate offered by Heera Group, coupled with the potential for future development, makes this an attractive proposition for both individual and institutional investors.