Tag: Builder Floor

All you need to know about plots

All you need to know about plots

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When it comes to buying a plot in India, the formalities and the rules and regulations are aplenty. India is a land (quite literally) predominantly of farmers and businessmen or farmers-turned-businessmen, and rarely the vice-versa is true. Therefore, the need to grow from a regular agricultural land is quite normal. In this blog, we would speak in detail about different kinds of plots and how they fare in today’s market.

Agricultural Plots

Also known as farm plots or open land, these land parcels are used exclusively for agricultural activities. Agriculture, being the major contributor to the Indian economy, the amount of agricultural land available in our country is humungous. Keeping the controversies aside, the recent farmer’s protests might have also brushed up our knowledge in this particular area.

There are certain dos and don’ts when it comes to buying or selling agricultural lands. You are prohibited to develop residential or commercial projects in that plot. You are not allowed to sell it to anyone who is not a farmer. If you intend to sell it to someone who isn’t a farmer, you must put your land up for N.A. (Non-Agricultural) conversion and then once the conversion is done you may sell it to anyone. This brings us to the next kind of plot.

NA Plots

Just as the previous sentence said, NA refers to Non-Agricultural land and these plots can be used for residential or commercial purposes. By default, every land in India is defined as “Agricultural Land” unless until it is defined by some other purpose. In case the land is defined as NA, it’s not just for residential purposes. It can be classified further into these categories –

NA – Commercial

NA – Warehouses

NA – Resort

NA – IT

NA – Residential

Caveat emptor: Many real estate builders use deceptive terms such as “Proposed NA” to lure buyers into a honey trap. There are quite a number of cases where the land has taken more than 10 years to get the NA status.  Let’s dive deep into the NA – Residential plots as there are many other categories where the land can be divided.

Residential Plots: These plots are unique for those who wish to build an independent home as per their taste.

Apartments: The real estate builders who wish to construct a cluster of the housing complex usually in high-rise or low-rise buildings can choose this category.

Villas/Row Houses/Bungalows: These residential plots come under the premium category as they are spacious and luxurious projects available at a higher rate than the usual because of space, location, etc.

Builder Floor: This allows a person to own an entire floor for independent living. These kind of spaces cost a bit higher than apartment floors and a bit cheaper than the bungalow plots.

With a legacy of more than 15 years in plotting, TMR Group has become a renowned brand in and around the region of Hyderabad. The brand offers clear title agricultural and NA plots for everyone in the country and even overseas to invest, make a living and progress with prosperity. The gated community projects ensure that your plots are safe and secure and you do not have to worry about their maintenance for at least a decade. That’s the TMR promise.

Land - the flexible and safest investment deal in 2020

Land – the flexible and safest investment deal in 2020

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Achieving your future financial planning goals is a long term process and there are several ways in which you can build assets. One tried and tested avenue which generally yields good results is investing in real estate. But even in field of real estate investment, there are different categories such as Residential Apartments, Commercial Spaces and NA Plots, among others. While investing in each category has its pros and cons, investment in plots can be seen as probably the most flexible one of them all. Read on to find out how!

FLEXIBLE USAGE

While there are certain limitations on what you can do with a residential property or a commercial property, plotting properties offer great flexibility. You can develop your plot according to your aspirations or hold on to it for better appreciation – the choice is yours. Moreover, you can also rent your land for commercial enterprises. Thus, land gives you the benefit of all the three types of real estate investment.

YOUR RETIREMENT HOME

Since the piece of land you own can be used at your own discretion, you need not be in a hurry to develop it or sell it off. Land, being a scarce resource in terms of ownership, provides the advantage of great appreciation in the long term. But as you progress in life setting milestones, you can even create your dream retirement home according your own aesthetics… something that literally becomes the talk of the town! But exaggeration aside, your dream retirement home can actually become an excellent legacy to be passed down to the younger generations.

GOOD LOCATIONS PROVIDE GREAT RETURNS

Choosing a great location to invest in land will give you a financial edge in the future. Plotting projects are generally situated in the outskirts of a booming city, where larger tracts of land are freely available. But deciding the right location to invest in can have a tremendously positive impact on your returns. Buy a plot where foreseeable development is possible in the future and the area offers great civic infrastructure. Buying the right piece of land at the right time is also crucial.

MORE FREEDOM, MORE OPPORTUNITIES

Some investment methods can be quite restrictive but with your own land, it’s a different story altogether.  So long as you are following the local government policies and norms, the land is yours to use as you please. So for example, if you are using your some specific purpose but find another one that would generate more income; you can switch effortlessly, provided that you seek and acquire the relevant permissions. Additionally, if you want to sell some of it off and keep the rest it’s yours to do so.

NET WORTH DIVERSIFICATION

Investing in land is one of the best methods to diversify your net worth. Complementing your other sources of income and asset generation, land can contribute significantly through rent or appreciation. Having a diverse investment portfolio is better for your overall financial security. Having different sources of income is a great way to help secure your future, regardless of what the markets are doing.

Hyderabad has emerged as one of the prominent cities for real estate investment in India. TMR Infra is the most trust name in the real estate of Hyderabad, with a legacy of more than 16 years of excellence. TMR strives to keep promises by maintaining proper transparency in documents of plotting projects and provides RERA approved and ‘DTCP approved layout’ land for sale. Make a solid investment in land that will serve as a legacy for your future generations!

Investment plots

Is It Safe To Invest In Land?

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In the great pursuit that is life and happiness, what is it that we are looking for? – A little more!

Expecting a little more is quite normal! A little more in amount, a little more to invest, a little more to spend, a little more space to live, a little more to sustain. Life is all about aspiring for a little more! 

In the current scenario, we are seeing growing interest among the young generation regarding investments, and by observing the current market conditions, one should not hesitate to invest and convert their hard-earned money into a profitable investment by owning land! 

The legendary humorist Mark Twain had famously quoted that “Buy land, they are not making it anymore!” Land is a scarce resource and investing in land proves way more beneficial than any other investment option, and it’s far better than converting your capital into stocks. There are many pros of buying a plot for sale in any promising location rather than going the BHK way, where you can hardly craft your imagination into your own thoughtful home. In this ever-evolving market of real estate, the dynamics are continuously changing but land as per investment perspective remains intact. Moreover, buying a plot is like sowing the seeds of prosperity for your secure future by creating a dream-like home that lasts for generations. The land is relatively lesser in cost but appreciates more in value than others when it comes to investments. When compared too residential properties and a plot has a better resale value that usually makes us decide in favor of investing in land of Hyderabad. 

Plots are delivered without any hassles and faster than apartments. Besides, there is very little or no maintenance required which saves a lot of costs across the years.

Plot prices vary with locations, size and available space. Prices of land appreciate faster than other properties. Land prices are bound to appreciate if the basic infrastructure around the property grows, thus ensuring higher returns on investment. Hyderabad as a city is emerging as one of the most bustling locations of India. In terms of industrialization, the widespread growth of big MNCs settlement like Amazon, Johnson & Johnson, is itself considered to boost the fast growth of the city and its peripheral areas.

2020 marks the beginning of a potentially promising era in real estate of Hyderabad. In the real estate industry, Hyderabad is observing a big jump in land investment with the emergence of lucrative plotting projects. Better infrastructure is aiding the development of the real estate sector of Hyderabad, effectively helping consumers enjoy exceptional returns as well. 

Investing in lands of Hyderabad seems quite safer and effective, as it provides varieties of safe buying options. The growth of e-commerce leads to the construction of warehouses or co-working facilities and these in turn increase the demand for residential plots for lands. This is how plots are gaining prominence as a source of investment and achieve a little more. The yields on these investments are heavenly satisfying.

TMR Group has rewritten the rules of real estate game by beautifully converting barren lands to dream spaces. With their focused execution, TMR has set the bar quite high and has won the consumers’ hearts by providing the best areas to invest in Hyderabad. With complete transparency, TMR is accomplishing customer satisfaction by providing RERA approved residential open plots in Hyderabad and ensured that it is the best place to invest in Hyderabad. By investing in TMR Group plots in Hyderabad, experience a luxuriant way of living in the serene locations of Hyderabad.

Ideal land for constructing a house

Does Your Plot Land Fulfill All These Ideal Categories To Build A Home?

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A plot is a place that you can proudly call your own, a place to design, and a place to develop. Your land is your space to build your dream and leave your memorable legacy on Earth, no matter how small it is. Our house is the place where we spend half of our life. It is universally accepted that our property plays a vital role in our life and can make or break our peace of mind.

Does building a dream home through residential plots open the door for great returns? Certainly. While some may think that rapid urbanization has somehow crushed the idea of serene bungalow or villa homes, having replaced and modified it into the restrictive form of a BHK. While this may be true in certain inner-city areas, newer developments around the outskirts are flourishing and that’s why buying land for sale and building a home over there becomes more feasible.

Go through these important parameters to consider while scrutinising a plot land for sale:

What are the conditions and zoning requirements of the property?

For your family safety and security, it is wise to analyse the area and its surroundings. Checking with local authorities- including city, stations, background, and past incidents give an idea about the connectivity, development, progress, environment, etc. of that particular area. All together it will give you a report card of that particular area, past, and future ahead. Before committing to purchasing land, it is imperative that you get to know about all the possibilities. 

Are your documents are pre-approved?

Updated documentation of any land for sale is the foremost thing. We all know about the concentrated monetary flow in the real estate market and that somehow blatantly increased the corruption in this sector. So, disputed lands have too many problems regarding their clear title, HDMA approved layout etc. It is better to cross-check before committing to any projects. Make sure you have the following things checked: Is it under encumbrance certificate or not? Are the plots are DTCP, RERA approved? Do they have Vastu compliance?

Is the proper infrastructure in place?

It is impossible to imagine life without basic conveniences like the availability of water, electricity, cable, and gas, etc. Accessibility to these sources should be nearby; in addition to well-planned transportation facilities that keep you connected to the important business & lifestyle centres across the city. Healthcare centres, educational institutes, and recreational establishments should also be there! Urban dwellers are often shifting to the periphery of cities, as they got bored with the same problems of crowd & traffic etc. For settling down, everybody looks for comfort and this kind of serene luxury can only be experienced with your own land.

Have the local bodies given all the necessary approvals?

Verify whether the plot or the entire layout has been approved by the City Development Corporation and the local body. Ask for the necessary approval documents and if possible get it verified by a lawyer. In case of a large layout where builder plans to develop the plot, ensure that the planning permission and building approval has been obtained from the City Development Corporation.

These are the essential procedures of the buying process which every plot has to go through. We at TMR Group have redefined the dynamics of transforming barren lands into the best plots in Hyderabad. Take a glimpse of serenity through our video gallery.  With extraordinary facilities, infrastructure and transparency, TMR Group has already set a benchmark when it comes to plot for sale in Hyderabad. Through stellar projects, we have revolutionised the real estate market of Hyderabad, India.  TMR Group offers gated communities in the bustling yet soothing peripheral areas of the city, through municipality approved, well-developed and state-of-the-art plot lands in Hyderabad. Buying lucrative plots by TMR Group is indeed full of advantages and fits in your budget. Providing complete customer satisfaction, we ensure that our projects are the best place to buy land in Hyderabad- Check out our ongoing projects, witness how we created dream spaces by reshaping the face of barren lands. Build a home in the amazing plotting projects by TMR Group and find out, how we have sown the seeds of future prosperity.