Tag: Development

Conveyance Deed, explained!

admin Leave a comment

While owning a property, there are a plethora of documents that need to be taken care of. It is the burden of such tedious documentation processes that irks most property buyers. Regardless of the time taken to process these documents, they are indeed crucial elements that make the entire experience of buying a property wholesome. This article would dwell deep into one such article that’s meant to be quite an important one – conveyance deed. We would understand all that we need to know about this property document.

Conveyance Deed 101

Understanding what Conveyance Deed is, the definition of the term states that it is a legal document between a person transferring the property and the one in whose name the property is being transferred. This deed indicates that the property’s title or ownership has been successfully transferred from one person to another.

A Conveyance Deed is indeed an essential document to ascertain that the property is free from any type of restrictions and/or disputes. In case of any disputes relating to the agreement, this document can prove to be handy in court, as it carries the official signatures of both parties. So, now that we know what a conveyance deed is, let’s turn the page and look at its contents.

Inside the Conveyance Deed

The contents of the deed are clear as day and they are as follows:

  • The deed contains all the details regarding the distinction and division of the property with actual demarcations of the concerned property
  • It has all the basic information related to both the parties such as name, age, addresses and other related details
  • Most importantly, the deed bears the signatures of both the parties involved
  • Following the signatures, the deed contains all the relevant terms and conditions related to the transfer of the property
  • The deed also entails the method by which the property would be delivered to the buyer (post, email, courier, etc.)
  • In the deed, the chain of title is registered in a clear-clear way
  • Another important aspect of the document is the sale deed which indicates the sale of any property
  • The deed also contains other applicable transfers of ownership rights, which are also clearly mentioned
  • Now that we know what goes into making the Conveyance Deed, let’s understand why it is so important.

Significance of Conveyance Deed

Though it is not talked about much in our daily conversations, the conveyance deed is quite a significant document that can save big bucks and lives in a way. This deed is legally documented proof that affirms the transfer of the ownership rights of the property to the buyer. A conveyance deed is a strong piece of evidence in case of disputes as it has all the terms and conditions clearly marked and stated. The deed holds a tough position when it comes to certifying that the concerned property is free from any dispute.

At TMR Group, our team of experts provides you with a hassle-free documentation service so that you do not have to go through the problem of tedious processes. With Phase-I already sold out at the 50 acres of a gated community at TMR Green Meadows, Phase-II bookings are open. You can book your plot today and we’ll ensure that the process is going to be really smooth. If you wish to know more about the project, please visit www.tmrinfra.com/projects/ongoing/green-meadows/green-meadows-plots-in-chegunta-hyderabad.html

Adding Real Estate to your Investment Portfolio

admin Leave a comment

Investment these days has become more like a game that kids play on their smartphones. The plethora of apps telling the audience that ‘this market is for everybody’ are really diluting the significance and the gravitas of investment as a concept. Investment is indeed meant for everyone, but the way we put it across to the right kind of audience is what attracts those who are really interested. This article emphasizes the importance of considering real estate as a source of investment in your portfolio apart from stock, bullions, mutual funds and other options.

Reaching the Higher Grounds at Hyderabad

Ever since the new state of Telangana has been formed, Hyderabad has put the real estate investment business on the global map. With the growing popularity of the Proposed Regional Ring Road which is one of the second-most expensive housing markets in India, Hyderabad is surely gearing up for some big leagues. The average price per sq.ft of housing projects in Hyderabad currently stands somewhere between INR 5,900 to 6,100; that’s approximately a 7% jump from the last quarter in 2021.

In a recent auction held by HMDA (Hyderabad Metropolitan Development Authority), they divided approximately 600 square yards, more than 150 square yards, and 300 square yards in order to make the plots affordable to the middle-class people. The auction took place in Bahadurpally, Thorrur, Narketpally (Nalgonda), Bhoothpur (Mahbubnagar), and Gadwal (Jogulamba-Gadwal), Kamareddy, Anthergaon (Peddapalli), Mavala (Adilabad) and Yalal (Vikarabad). Unfortunately, it didn’t attract the right audience because the 600 square yards earmarked for the construction of apartments and villas didn’t find any buyers, the reason being, that the location where the auction was held never had the ‘apartment’ culture.

This clearly shows that we need a lot of market research to do when it comes to using real estate as an option for investment. Here are a few reasons why you can and should consider real estate as an option in your investment portfolio.

Real estate investments are subject to market risks, and returns too!

It doesn’t matter where you invest, the risks and returns are presumably two sides of the same coin. Based on the market trends, varying construction material costs, and government policies related to real estate, they all impact real estate property. So, if you are investing in real estate, doing thorough research about the developers who’ve been doing great is crucial.

Rent, lease, resale – different names of profit!

Real estate is a great deal for those who understand its nuances. When you buy a property with the purpose to rent it or lease it, you are in for a treat. With the market conditions in today’s time, it is truly a great way to enjoy the highly appreciating value of the land because of the growing demand.

New Infrastructure Developments

Hyderabad hasn’t reached its full potential yet. The city is ever-evolving and ever-growing. Hyderabad’s real estate market is fully loaded with such positive developments. The Telangana government is doing its best to keep Hyderabad abuzz with the 168-km Outer Ring Road which allows easy access to the airport and the IT corridor from every corner of the city.

The first phase of the Hyderabad Metro is already open to the public that offers better connectivity to the airport and IT hubs. The rest of the phases are in full swing towards completion.

At TMR Group, the 50 acres of a gated community at Green Meadows, Chegunta is perfectly located close to the Proposed Regional Ring Road and on NH 44 & AH 43 so that you are never too far from progress. With the Phase-I of the project already sold out in record time, Green Meadows launches Phase II so that investors and buyers alike can make the most of the opportunity. If you wish to know more about the project, please visit hyderabadplots.tmrinfra.com

Ways to avoid “House Flipping”

admin Leave a comment

Owning a property can be a tricky affair. With the number of documentation processes, legal processes and property-related processes, a commoner is bound to end up being confused about the overall phenomenon. It’s not only related to an individual who is interested in buying a property, but it also happens with most of the investors who tend to make some of the most common mistakes while buying a property. One of those common mistakes is “House Flipping”. No, it doesn’t mean the individual flip the house upside down. That would be a literal translation of the phrase.

Decoding the term ‘House Flipping’ for a layman would be – buying a property with an intention to resell and make profits, and not for personal use. This article would tell you how one can avoid those mistakes of ‘House Flipping’.

Avoid paying too much money for the materials: While we feel that contractors do not use the money paid to them for buying quality materials, you end up buying them yourselves without having a proper understanding of the details about the materials. This results in excessive expenses.

Avoid buying a super-expensive property: We might feel that buying an expensive property would fetch us even bigger returns, but there are too many variable factors that need to be considered and this move can backfire critically.

Avoid buying a property that you are not well aware of: If you are not well-versed with the location, with the developer or the audience profile of that particular place, it is best to leave it to the experts or consult one before buying. Jumping into the dark can only leave you either feeling adventurous or in a loss.

Avoid adding cheap properties to your cart: Assuming that properties that are cheap or inexpensive always end up burning more holes in your pocket than actually expensive ones. Usually, inexpensive properties cost less because of several factors such as the size of the property, developer (if they are new in the market), competitive pricing to penetrate the market and so on. Such decisions on buying property need to be made wisely.

Avoid paying for extra help: Sometimes we feel that we need to consult more than one expert if we are buying a property that has a huge potential for returns. We add consultants, brokers, resale property owners and so on. The phrase – too many cooks spoil the broth, holds well in this condition.

To avoid common mistakes of ‘House Flipping’ like these, one can often approach an expert in the business and stick to one who is reliable, trustworthy and has a deep understanding of the know-how in the industry.

At TMR Group, we are proud to have a dedicated team of experts who can guide you to own a property that would fetch you potential returns and help you grow. TMR Green Meadows at Chegunta is one such project where you can invest in a 50 acres gated community that’s close to the proposed Regional Ring Road and has seamless connectivity to NH44 & AH43. India’s one of the biggest upcoming furniture SEZ is about to mark its presence in Chegunta and the location is soon set to become the Tourism Hub of Hyderabad. If you wish to know more about us, visit www.tmrinfra.com

Factors that affect Property Valuation!

admin Leave a comment

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?

admin Leave a comment

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