Tag: Commercial Property

Property Tours in today’s time

Property tours in today’s time

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A property tour is usually done for the purpose of visiting, inspecting, and assessing the property. Property tours help in assessing and authenticating a property in person. There are several benefits of doing a property tour before making a deal. It’s the first and foremost parameter for any kind of property buying and hence it should be considered every time you long for buying any residential or commercial property. In this blog, we are going to have a look at what really makes property tours so significant. 

Helps you compare

While buying any kind of residential or commercial property, one usually considers a variety of other options before locking any particular property. The highly competitive real estate market has a variety of options to offer in a given budget window. Hence, property tours help in assessing a property physically. The size, shape, material used, built and other such aspects can be thoroughly inspected in person when one decides to buy a property. 

Authenticity

A property tour also helps one authenticate the existence of a property at the promised location. It also helps the buyer to know the builder who is offering the property and also helps build a bond of trust between themselves. At times, things differ or are completely different than what is projected in the image or website. Having a property tour makes one eliminate all the doubts and also helps one compare every aspect that is being promised with a particular residential or commercial property. Doing a property tour also helps one see, register construction activity on the project site through which one can also measure or assess the pace, and other details of the project. Also, authenticity in terms of the project’s documentations, are quite necessary to evaluate while you are on a property tour.

Vibe/Vastu

You won’t wish for an awful entrance that leads you to a luxurious apartment. Doing a property tour helps you assess every element of the property thoroughly. The roads that lead you to your dream property, the location, the entrance gate of the property, accessibility, surroundings of the property, hurdles, and all such criterions can be rightly scrutinized when one longs to buy a new commercial or residential property. Apart from this, each location/property carries an aura, a vibe that makes you feel at ease or gives you that portion of solace that you would want to cherish for the rest of your lifetime. And to experience such an element, visiting a property in person or to say doing a property tour helps a lot. Call it vibe or vastu, people do believe in the energy that a particular place carries. If the individual believes to own a vastu-compliant project, making sure of it can only happen by visiting the property site personally. 

Virtual Reality (VR)

Since the outbreak of the pandemic, Virtual Reality (VR) has received an unprecedented response in the real estate industry. Technologies such as VR are helping developers tap their target audience online and make them experience the property through virtual walkthroughs and more. Property plans are created in 3D are mounted onto a technology platform that helps buyers access is it from any part of the world. Buyers are able to visit properties without even stepping out of their homes. However, VR has certain disadvantages when compared to property tours in physical. VR is developing at a never seen before pace but still has not been able to match what the real experience or real walkthroughs offer. Also, as said, experiencing the vibe of a place is not really possible through virtual reality technology. Attempts are being made to include a wholesome experience for such virtual tours and maybe in the future, these VR tours would get closer to what real property tours offer. 

At TMR Group, we make sure that every individual who visits our property ticks off all the parameters that help them make their buying process simpler. With a wide range of properties ranging from residential to commercial to gated community projects, when people visit TMR Group for property tours, they are in for a ride (pun intended).

Dynamics of land appreciation

Dynamics of land appreciation

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Owning a wealth asset is good, but owning a real estate asset is great. Out of various investment options, real estate investment is considered to be the most reliable form of investment. An essential point for this consideration is the security it offers. Over time, land value is set to gain a rise helping you possess an asset that promises returns like no other. In this blog, we are going to have a look at what factors affect land appreciation and such.

Land – The asset of worth

Every year, property rates surge higher owing to high demand and other essential factors. The ever-increasing population in India sets the need for space in terms of residential and commercial, all across the nation. The rise in property rates depends on various factors that influence the upsurge.

 The location of land plays the most vital role in influencing prices. Any property located at a prime destination holds more value and offers more returns as compared to other properties. Property closer to the city makes the land costlier.

Social Infrastructure near any property increases the value of the land. Places like educational institutions, hospitals, sports, and recreation are considered under social infrastructures that add value to everyday lifestyle. And hence, the presence of such things near a land helps gain more value.

Malls, shopping centers, multiplexes, and other entertainment zones also influence property rates. Such factors add more to lifestyle and hence it affects land appreciation. Reselling of such assets also attract heavy returns.

The presence of transportation services like – metro, bus stations, well-constructed roads highly affects the land rates. Everyday commute demands essentials for going to and fro and hence these aspects influence real estate rates. 

Green cover or water bodies like lakes or rivers also influence the property rates. Such natural bodies offer healthful experiences and hence such lands hold significant value. Such properties are usually sued for weekend getaways, farmhouses, or other such factors.

When the government announces construction of new roadways, airports, ports, or other such amenities, people wish to stay closer to such projects which add value to everyday living and hence demand land near such proposed projects go high.

When one plans to buy land as an investment, picking the right property to invest in is the key to getting better returns. Considering these aspects before buying a piece of land would help in making a better deal to buy a home or for wealth growth. At TMR Group, we analyze and choose strategic locations to help our clients acquire nothing but the best. Our plots at prime destinations in Hyderabad are clear title residential plots for you to invest in or buy a home. With several advantages, these plots promise to deliver you the best returns in the future. Connect with TMR Group to start your dream journey and possess an asset of real worth and value. 

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!

Essential financial tips to know before investing in land for sale

Essential financial tips to know before investing in land for sale

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Your own space is a legacy of happiness, culture, origin, comfort and lifetime memories! Raw land provides great development opportunities and often gives an overwhelming feeling of ownership! Being a limited resource among all, plot lands are flying high in demand. Construction of your home can be similar to crafting a masterpiece of art. The tactics and proportion of shades, tone & strokes should always be balanced and on point. Similarly, in the homebuilding process, the quality of land, location, materials, and amenities should come together in a balance to create an appropriate home.

Investment in the plot is always called a big win in terms of returns. The land is the only resource that is continuously increasing its valuation. Buying land may sound very simple and straight forward, but the process is far more complex; after all it is a process of crafting dreams. The journey starts from the selection of area, district, neighborhood, where you want to settle down and rise to your dreams! During homebuilding, one must always keep a check on the budget which sometimes tends to grow too! As one of the most flexible investment deal, plot land always brings great returns at very less cost. Here are some questions which a person should ask themselves before endowing capital on land investment.

Where do you want to buy your plot?

India is well known for its diversity in ethnicity, race, places, languages, places, and climate. Highlands in the north give the courage of limit-pushing development, whereas coastal areas of the south will paint your soul with the color of freshness i.e. Green. In Indian real estate, the market is quite broad & full of opportunities. The real estate market possesses an excellent amalgamation of urban locale and soothing surroundings. Due to overpopulation and massive urbanization, the crowds are shifting towards the suburbs of every city. Consequently, the small cities are coming under consideration for commercial and residential investment on a very large scale (like Amazon office at Hyderabad).

What type of land can you buy?  

Some loans are specially designed to purchase a plot of land for residential purposes. Different banks impose different terms and conditions regarding the purchase of the property and construction of the home. Some will ask you to purchase a plot in an area that is DTCP & RERA approved or not. Whereas, some banks might ask you to start construction of the home within a few months of the purchase of the property. Try to be very clear with your ‘5 Ws and 1 H’, make a round figure estimation and stick to it!

Does it suit your requirements?

Various factors can influence your decision of building a house on residential plot land. The increasing cost of construction is one of the most important factors among these. In comparison to other real estate investments, putting your money in a plot and building a house can at times be less expensive. The land is a long-lasting asset, and unlike other residential options its value rarely depreciates. Also, as per your convenience, you can pace the construction to suit your financial and economic constraints. Building your home by yourself enables the owner to make as many changes as he/she wants and implement his/her creative ideas to design the home. Besides, it also allows you to postpone the major expenses, improvements, and expansion for a shorter or longer duration.

What documents are required for loan processing? 

While borrowing the loan to purchase a plot in the plotting project, you are supposed to submit a few important legal documents associated with the plot, and verify the layout drawing of the site as approved by the town planning authority of the land. Other property documents include original documents regarding the ownership of land, revenue receipts, land records and tax receipts of the property. Take a deep look at these points and make sure that the documents are not expired or fraudulent. 

So getting the right financing for your dream space is just a small part of the whole process yet plays a very important role in homebuilding. TMR Group is always ready to accompany you in the mesmerizing journey of owning living space in the bustling locations of Hyderabad. Being one of the renowned names in the real estate industry of Hyderabad, TMR Group has successfully revamped the face of plot land in Hyderabad, by developing excellent gated communities. Buy clear title plots in the booming locations of Hyderabad only with TMR!