Factors that affect Property Valuation!

Hyderabad is a city that has seen many highs and lows in its time. When it comes to property investment, The City of Nawabs seems to be riding the high tide with joy. Hyderabad is soon gaining its due popularity as one of the most sought-after destinations for investment and is potentially transforming itself into an upcoming commercial and investment hub. Why do you ask? The property rates in the vicinity are appreciating due to several factors that we would be discussing in this article. These are the touchpoints (rather turning points) that are quite significant in changing the investment landscape of Hyderabad. Speaking of property valuation, these factors play quite a significant role in altering the course of a customer’s action. Let’s explore these factors one by one.

Skyrocketing Infrastructure Development

One of the primary reasons for anybody to even consider investing in a particular property in Hyderabad would be the rising number of infrastructure developments happening in the city. Be it for the proposed Regional Ring Road that’s gaining more popularity as RRR than the actual movie, or be it for the upcoming furniture SEZ that’s deemed to be one of the largest in the country, the exponential growth in Hyderabad is certainly attracting some of the biggest names in the industry.

All in all, infrastructure development is a pivotal element in price appreciation. When these developments offer seamless connectivity, hassle-free transport, well-built roads, etc., these factors will indeed prove to be growth promoters to the property value.

Expanding Amenities & Offerings

The property developers have realized the fact that providing basic facilities to customers won’t be enough. These days, developers cut corners (figuratively) in the name of cost-cutting and end up compromising on a lot more. That’s the reason, even developers these days are investing heavily in delivering unique experiences to customers by offering a plethora of amenities and discounts.

For instance, suppose a property is not offering a parking space, the value of that property will differ from the one that offers a parking space.

Government Rules & Regulations

The amount of changes in the policies that keep happening in the industry also impacts the property valuation. When the borrowing cost is cheaper, it certainly brings more buyers to the market and creates even larger demand and impacts the appreciation equally.

Also, discounts in stamp duty rates, circle rates, income tax benefits, GST rates, income tax benefits, etc., impact the demand of the property directly.

Population

The most obvious factor that impacts property valuation is the ever-increasing population. Higher the number of people in the city, the higher the need for housing and homes.

At TMR Group, we offer the best residential open plots at TMR Green Meadows in Chegunta. With the project close to the proposed Regional Ring Road and proposed airport and Nizamabad, these plots are developed in 50 acres gated community and are equipped with the latest state-of-the-art amenities and facilities. It’s the ideal place for you to invest and grow with TMR. Come, take the first-mover’s advantage and witness Hyderabad flourish into the future investment hub. Visit hyderabadplots.tmrinfra.com to know more.

Why invest in Chegunta?

In recent days, Hyderabad has been at the epicenter of several staggering developments in terms of growing social infrastructure, roads and highways and much more. Since the inception of Telangana as a state, these developments have always been on the upper side and Regional Ring Road (RRR) has been the main attraction or the talking point. RRR has been initiated to connect Hyderabad with several other districts in the state. According to some latest updates, Hyderabad is set to kick-start a 340-km long RRR project under the Bharatmala Pariyojana. The current plan is under Phase 1 and as many as 17 national highways including the NH44, NH65, NH163 and NH765 are set to connect various districts and towns in Telangana.

Since the inception of RRR, there have been a plethora of developments emerging in and around it. Here are a few highlights of the prestigious RRR project:

  • The project spans across 340-km distance
  • The estimated cost of the RRR project is reported to be around INR 17,000 crore
  • The northern part of the project ranges around 158 km while the southern part ranges about 182 km
  • The project covers areas such as Narsapur, Toopran, Gajwel, Yadadri (or Yadagirigutta), Pragnapur, Bhongir, Choutuppal, Ibrahimpatnam, Kandakur and Amangal to name a few

Chegunta – An upcoming opportunities hub

With a 1-hour driving distance from Hyderabad, Chegunta – a town in the Medak district, is set to be the next prominent destination when it comes to temple tourism, commercial and residential property developments. Chegunta is geared up to lead a flourishing future with the land value being appreciated at an incredible rate.

There’s a huge untouched market potential for food processing industries at Chegunta which the government has identified in the Medak district. With abundant accessibility to a multitude of agricultural produce, which acts as raw material for the food processing industries, these units, in turn, are bound to create a wide range of employment opportunities in the district.

Chegunta – A paradise for travelers & explorers

From the tourism perspective, Medak, Hyderabad, Bidar, Warangal (Orugallu), Nagarjunsagar are some of the important cities that are tourists’ favourite. Chegunta is also known for many other spiritual and historical attractions.

Pocharam Wildlife Sanctuary is a forest and wildlife sanctuary named for the nearby Pocharam Lake.

Medak Cathedral sees over the Diocese of Medak, the single largest diocese in Asia.

Medak Fort is a popular tourist attraction. The fort was originally constructed by the Kakatiya kings and later developed by the Qutb Shahi kings.

Kuchadri Venkateshwara Swamy Temple at Kuchanpally is a nearby Hindu worship place.

At TMR Group, our most renowned project, TMR Green Meadows at Chegunta is located close to the proposed Regional Ring Road, where the developments and opportunities to prosper are aplenty. Also, these 50 acres gated community plots are located on NH44 & AH43 where your investment is meant to grow by leaps and bounds in years. With such a profitable project up for grabs, you have a golden opportunity to grow with TMR. If you wish to know more about our project in Chegunta, visit www.tmrinfra.com or hyderabadplots.tmrinfra.com

Why buy a plot in a gated community at Chegunta?

Investments these days have become quite targeted. People are hardly willing to invest in anything that poses a high-risk factor. Since the pandemic, the expenditure patterns of most have changed completely. A vast majority of people have cut down on their miscellaneous expenditures and have focused on saving. This is all due to the uncertainty that COVID-19 brought along with itself. The ever-evolving city of Hyderabad has transformed into a hub of futuristic developments. Owing to the enormous progress in all sectors of the economy including IT and Pharma, Hyderabad indeed is looking towards a bright future. These developments have created a tremendously strong job market which is the sole reason for several migrations from all over the globe. This inflow was directly proportional to the demand for good real estate options and the demand grew. The surge of developments throughout the city led to further development of neighbouring locales and towns, creating a potential gold mine for real estate investors.

Gated Community Plots: The Future of Investments

Gated communities are one of the safest and fastest-growing lifestyle options all over the world due to the level of convenience they offer. Investing in gated community plots is profitable for many reasons.

  • They have quality amenities that offer higher returns in the future while providing an exceptionally convenient life
  • Due to the rising demand for private living, people prefer gated communities as their option for investments
  • Maintenance is much lower due to shared expenses and saves a lot of money
  • Gated communities are systematically developed and hence, are likely to appreciate much quicker than under-developed projects
  • Owing to the amplified level of convenience gated communities offer with essentials all around, it boosts the appreciation on your investment
  • Gated communities have a better quality of development which appreciates the value of the land
  • Rentals in gated communities will be higher than normal because of the abundant availability of everything you would ever need

Buying a Gated Community Plot at Chegunta

Chegunta is an up-and-coming town in the well-connected district of Medak. It is connected to the rest of Telangana through NH-44 and AH-43, and its located quite close to major cities Hyderabad, Nizamabad, Kamareddy, etc. with only a 30-minute drive to the Outer Ring Road. Chegunta is home to beautiful weather throughout the year and is a pollution-free environment which has created an agrarian industry here. Greenery is abundant and Chegunta accommodates several good schools and colleges in its proximity.

The Government of Telangana has discovered the huge untapped potential for establishing industries related to food processing. There is abundant availability of several kinds of agricultural produce, which acts as raw material for the food processing industries. These units, in turn, would create employment opportunities in the district, and as the industries grow, the value of land is bound to appreciate to unimaginable heights. This massive scope for development is the prime reason why Chegunta has incredible potential for profitable investments.

At TMR Group, our focus lies in creating safe and profitable investment opportunities for everyone, even during this uncertain time. We assure utmost transparency in the procedure and prioritize the quality of development. Chegunta is a thoughtfully picked location owing to its tremendous potential for development in the near future, making it a gold mine for investors! The weather here is beautiful throughout the year, and the atmosphere is pollution-free. It is a lovely place to live in and make the most of its growth with hassle-free returns on your investment. Visit www.tmrinfra.com to know more about us. You can easily book a site visit through our website and check out the project that interests you. 

The significance of Indian Vaastu Shastra in your home

The significance of Indian Vaastu Shastra in your home

You love our home. Whenever we are tired, stressed or bored, you long to return to our cozy home. You want your home to an abode of health, happiness and harmony. You want to take in the positive energy and refreshing joy from your home before moving on into the outside world again. Indian Vaastu Shastra plays a major role in correcting and purifying the energy field in your home.

What is Vaastu Shastra

 Vaastu Shastra is the ancient Indian science that governs the aesthetic and scientific principles of every aspect of designing a home or a building. Vaastu Shastra originated in Sthapatya Veda from Atharva Veda. It is mentioned the epics Ramayana and Mahabharata. In ancient times, the principles were according to the sun rays and their positions.

Functions of Vaastu Shastra

Vaastu Shastra offers guidelines for all room designs including bedroom, living room, kitchen, playroom, office, prayer room, garden, balcony, windows, toilette and more. This unique science thinks that a home has a soul. Its core idea is to balance five elements- earth, fire, water, space and air to create positive energy.

Basic focus of Vaastu Shastra

Vaastu Shastra focuses on following principles-

  • The position of the kitchen
  • Interiors of the bedroom
  • Position of the Puja room
  • Placement of the furniture
  • Placement of the mirrors
  • Placement of water
  • Colour palettes of the rooms

Kitchen

Do not use black paint or tiles for the walls. Never place the cooking stove or gas next to the source of water. Both elements are opposites. Earthy colours which signify stability are ideal for kitchen.

Bedroom

Bedroom is where you relax, sleep and spend quality time. It should face South-West and never South-East which is governed by the element of fire. Do not put any picture with negativity or conflicting emotions. Let the vibe be content and peaceful.

Living Room

This is room to entertain the guests and spend family time together. It is where bonding takes place. To make your living room calm and affectionate, choose soft pastel colour for the room. The North-East corner should remain clean and clutter free.

Bathroom

Bathroom should be ideally located in the North-West which signifies waste elimination. The bathroom door should always be kept closed. Wash basins and showers must be on the East, North and North East of the room.

Children’s Room

This room should evoke love, happiness, care, growth and warmth. Avoid placing the children’s be in front of the mirror. Book shelves should be placed in the North-East side of the room.

Puja Room

The puja room is meant for prayers, spirituality, rituals and meditation.  This room should be placed at the East or North East side of the house. Incense sticks, aroma candles and dhoop should be used to ward off evil spirits.

Considering all the above points and many more, you should consult a Vaastu expert before building and decorating your house or before doing interior design of your apartment.