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An NRI had purchased a property measuring 3900 Sq.Yards with the help of his relatives in Pocharam village near Hyderabad. The customer, on every visit to India would ask his relatives if the value of the plot appreciated. Quite often the stock reply was that the prices had stagnated for the last few years due to political uncertainity. He was considering selling the plot and re-investing elsewhere.
When the customer signed up for Secure My Plot, the survey revealed an intentional encroachment to the tune of 140 Sq.Yards valued at Rs.16,80,000.
The customer was even more delighted when the survey report indicated that the land in the area could be valued at Rs.12000 per sq.yd (Customer believed that the value stagnated at Rs.7000/Sq.Yd). The report also stated that the new developments in the area included a proposed Railway terminal, Infosys campus, Information about new gated communities in the vicinity, rajiv Gruha Kalpa project, Raheja IT Park.
Needless to say, the customer decided to retain the plot.
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