Tag: Customer Satisfaction

Need for real estate appraisal!

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An appraisal is necessary for every segment of businesses. It’s quite like an inspiration that boosts the performance with upgrades. Without appraisals, the performance would continue to be stagnant, substandard or below average. Productivity would take a hit and efficiency would go for a toss. As applicable as it sounds to employees in every industry, it is equally applicable to real estate markets too. This article talks about why the appraisal for the real estate markets is needed and how can one appraise their property.

Understanding Real Estate Appraisal

Firstly, it is important to understand the basic definition of real estate (or home) appraisal. It is an impartial expert opinion of the value of a home or a property and is used whenever a mortgage is involved in buying, refinancing, or selling that property. These kinds of appraisals are mostly used in purchase-and-sale transactions and can be commonly seen in most refinance transactions.

An appraisal in the purchase-and-sale transaction is used to ascertain the appropriateness of the home’s contract price in terms of the property condition, location, and features. When it comes to a refinance transaction, the lender is assured by the appraisal that the borrower gets money that’s appropriate to the home’s worth.

Agent vs. Appraiser

There might be a lot of us who think they are one and the same and they share the same job description, but they are indeed very different from one another.

A professional property appraiser is expected to act independently and unbiased from the buyers and sellers of the property involved in the transaction. An appraiser determines the market value of the property based on observations, relevant market facts & figures, and other information.

On the other hand, a real estate agent favours the seller (real estate developers, predominantly) to sell their properties at an incentivized rate. The incentives are further shared in the form of commission, sale value, and other variables.

Contents of an Appraisal Report

Now that we know what real estate appraisal is, and who is an appraiser, let’s take a look at what goes into making an appraisal report.

  1. A location map that shows the appraised property and comparable sales used
  2. A blueprint sketch of the exterior building
  3. A logical explanation of how the sq.ft was calculated
  4. Photographs or architectural renditions of the home’s frontier part, posterior, and surroundings
  5. Photographs of the property’s front exterior of each comparable property used
  6. Annexures including other relevant information such as market sales data, public land records, and public tax records, any data that the real estate appraiser would require to determine the property’s fair market value

At TMR Group, we believe that every project we deliver to our customers provides them with the potential for great returns. With the 50 acres of gated community at TMR Green Meadows, Chegunta, we have completely sold out our first phase. With Proposed Regional Ring Road just a few minutes away, TMR Green Meadows is now open for booking for its second phase. If you wish to know more about our project, please visit https://www.tmrinfra.com/projects/ongoing/green-meadows/green-meadows-plots-in-chegunta-hyderabad.html

Swiss County – The Future of Hyderabad Comes to Maheshwaram

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The idea behind investments has completely changed since the pandemic. As COVID-19 brought many uncertainties for the future, the entire world began saving their money for the rainy days and spent only when it was of the utmost necessity. There grew a demand for low-risk investment options that gave profitable returns in the long term. Hyderabad has transformed into a lucrative hub for real estate investments owing to the tremendous development in all economic sectors in the city like IT and Pharma. There has been an influx of job optimists from all over the country, raising the demand for real estate. Areas in and around Hyderabad have an amazing potential for development, hence are likely to be profitable over time with minimal risk.

Benefits of Choosing the Right Location

The one factor that gives you the most information about whether your investment would be profitable or not is the location of the respective project. Location dictates the potential for improvement. Deciding over any investment plan usually comes down to how soon the investment would be paid off and what would be the rate of profit. Well, prime spots in the cities have high property prices and minimized scope for improvement due to saturation. The ideal investment locations should be on the outskirts of the city where there’s extraordinary potential for development and are likely to improve sooner than you might think.

Swiss County: Haven for Investments

Swiss County by TMR Group is a fine selection of gated community plots for sale in Hyderabad. It is strategically located in Maheshwaram solely for its vast untapped potential. Maheshwaram is a rapidly growing town located in the Rangareddy district, just in the South of Hyderabad, and is pretty close to Srisailam Highway. It is quite well-connected to other parts of the city owing to the Outer Ring Road and the RGI Airport is 19 Km away. The government has taken initiatives to develop Maheshwaram because of its potential to improve. Since it is in its growing stage, that gives you the perfect opportunity to invest and reap decent benefits in the nearing future.

Swiss County is HMDA and RERA approved. The layout spans over 14 acres with a total number of 194 plots for sale in Hyderabad. The project is well-planned and Vaastu compliant. With 24 hrs security and electricity with street lights, the plots range between 150 and 700 square yards. The project is equipped with underground drainage, an overhead tank, and a water connection for the individual plot. Well-planned layouts with quality construction and amenities are likely to boost the returns on your investment, making Swiss County a haven for investments.

At TMR Group, we prioritize the satisfaction of our customers which is implemented through no compromise in the quality of delivery of the plots for sale in Hyderabad. Our proficient team understands your requirements and guides you through the process while clarifying all of your queries. TMR Swiss County has incredible potential to be fruitful in the near future. Visit www.tmrinfra.com to know more about us and our projects. Feel free to contact us!