Monday, October 3News That Matters

Estimation of Value of Property in Case of Heera Group of Companies

Case of Heera Group of Companies: The District Valuation Officer had informed Dr. Nowhera Shaik through a formal letter that they are going to be inspecting the mentioned property of Dr. Nowhera Shaik on 5.8.22 at 11 am along with Shri. Arji Prasad Rao JE (valuation), Kum. Manaswani JE (valuation), Hyderabad. The properties mention to be investigated are the ones situated in Toli Chowk, Shaikpet Village, and Mandal, Hyderabad.

Heera Group of Companies

Properties of Heera Group of Companies

They have kindly requested Dr. Nowhera Shaik especially to be present during the investigation. Or if she is not available at that or cannot make it then she might also send an alternative representative of her along with all the required documents concerning the details property and balance that are yet to be filed in response to the letter sent to her.

They have also informed Shaik that if she wants then she can have a technical representative or a registered valuer be present jointly at the location to just record all the procedures, measurements, and specifications. So that later on there is no kind of conflict or dispute between both the parties based on this account.

They have also mentioned this clearly, if no such technical representative or registered valuer comes up from Dr. Nowhera Shaik’s side then they assume that Dr. Nowhera Shaik doesn’t feel the requirement of this recording procedure in the investigation and either she or her representative will accompany the officers for joint measurements and recording of specifications of her Property for acceptance.

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