Tag: Green Meadows

Tips to Examine Construction Quality

admin Leave a comment

Every monsoon brings us, news about collapsing roofs and walls that flood us with worries about the quality and longevity of our homes. As a home buyer, you wouldn’t buy a home that’s placed in an unsafe building. Also, as a developer, you never want to compromise on the quality of your constructions and the dwellings you build.

Hyderabad continues to witness a boom in the demand for plots and homes. There has been a rise in the number of residential as well as commercial spaces that are now dotting the city and its suburbs. The real estate sector in the city of the Nawabs has recorded a smart recovery despite the pandemic in the last year, with the real estate segment especially outperforming others.

As the demand for housing and apartments in the city grows, it becomes imperative to ensure that the dwellings are of standard quality to ensure everyone’s safety. Besides, investing in property involves a significant amount of money, and it is, therefore, the prerogative of also the buyers to seek and analyse every minute detail that goes into the construction of their homes.

Here are a few tips which would help both developers and buyers gauge the quality of construction.  

  1. Check soil quality:
        
    The strength of your foundation is determined by the quality of the soil it is built on.  Soil differs from region to region. Certain soil types do not support high-rise buildings, and if this isn’t assessed timely, the foundation can even collapse. The first step, therefore, is to check the characteristics of the ground soil on which the structure is built. 
    As buyers, don’t forget to demand a copy of the report and ensure that the foundation isn’t compromised. 

  2. Ensure that the design of structure is verified:
        
    The basic structural design of a building is a key aspect to consider while inspecting the quality of construction. The structure and accurate placement of walls, beams, columns, and roofs bring about the stability and strength of a building. They must be built to ensure maximum safety and rigidity to the building.
    As a layman, it would be difficult to understand all of this, which is why home buyers should not hesitate to take expert third-party opinions on this aspect.
  • Assess the concrete mix:

    This is one of the most important parameters to the quality of construction. Make sure that the concrete mix is of good quality. The strength of the concrete mix used for construction determines the load-bearing capacity of the building.  It is hence crucial to ensure that superior quality concrete is used in optimum ratio with sand for construction. Also, make sure the plaster is of standard thickness.
    When buying a home, buyers can quickly assess the quality of concrete used by driving a nail into the wall. Knock on the walls to get an idea of their hollowness and width.
  • Look out for Emergency exits, fire safety measures:

     Safety and security are extremely important. These are the driving factors for the safety of dwellers and should be taken care of.  Ensure that the emergency exits are easily accessible to all, robust fire safety measures are in place and aren’t compromised.  Further, make sure that the elevators have power (DG) backup, are well maintained and if the building is earthquake resistant.

Buyers should make sure all these measures are intact when buying a home. Ask for a copy of the license and maintenance of the elevator as taken by the developer. Also, look out for the elevator ratio in the residential project. 

  • Check for leakages, seepages and cracks:

Cracks in walls are a big no! Similarly, blocked drains, leakages through walls, and water seeping through the floor led to faster aging of your construction. They also highlight other problems with the construction that cannot be overlooked.
Buyers should look around the property for cracks, and check whether the bathrooms have any existing leakages before buying.

A number of problems with construction can be avoided solely through observation and quality checks. Following these tips would ensure you have a safe home for your family.


At TMR Group, we make sure that quality lies central to our projects. We undertake timely steps to ensure you have a home that is your safe haven. The Phase-I of the project at Chegunta is already sold out and stands witness to this fact. Become a part of 50 acres of a gated community at TMR Green Meadows, Phase-II and build a safe home for your family. To book your plot today, or know more about TMR and our project, visit www.tmrinfra.com/projects/ongoing/green-meadows/green-meadows-plots-in-chegunta-hyderabad.html

Need for real estate appraisal!

admin Leave a comment

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

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

Property Value in Telangana on the rise!

admin Leave a comment

Telangana has suddenly become a superstar of sorts and investors, homebuyers alike are interested to invest in this hot destination. Why this popularity all of a sudden? The state government recently announced a hike in property prices by 25-50%. While the values of residential apartments have been increased by 25%, the agricultural lands and plots are bound to witness an uptick of 50% in their price. This price rise is expected to bridge the gap between the open market rates and the registration rates fixed by the government. So, is this good news or bad news? This article would explore the details.

The Current Status – In Numbers

The decision to hike the property rates would significantly impact the real estate industry, especially in and around Hyderabad’s vicinity. For instance, the market prices at Shankarpally have been increased by 40% to INR 2,800 per square yard. In micro-markets such as the Kondapur-Gachibowli region, the prices have been hiked from INR 14,000 per square yard to INR 26,000 square yards. Similarly, in Kokapet, the current price is now fixed at INR 14,400 per square yard, previously which was at INR 10,000 per square yard. The highest price was witnessed at Puppalguda at 50% with new market prices fixed at INR 21,000 per square yard.

In comparison to the last year, housing prices in Hyderabad have spiked by 7%. After average-price appreciation, Hyderabad is now currently the second-most expensive housing market after Mumbai Metropolitan Region (MMR). There’s no surprise that the reason behind the property price rise is the pandemic. It is the primary reason why the cost of construction materials has gone up and has impeded the supply chain process.

The Future Scenario

As of now, the trend seems to be picking up in the real estate fraternity and most real estate developers are making hay while the sun is shining. The officials of Telangana have further divided these properties into three crucial segments to decide the extent of the hike. All property price revisions have been implemented based on this model.

The real estate developers in Telangana are still anxious about this decision as it arrived after the recent rise in stamp duty charges. Recently, the stamp duty was increased from 6% to 7.5%. The state is now expecting to double its revenue from registrations of properties.

This might be a welcome move to the real estate developers, but the homebuyers need to bear the brunt of the price rise whatsoever. While the recent festive season had a visible impact on demand as well as supply, Hyderabad has been witnessing a rather moderate yet positive change in the Hyderabad housing market. Hoping that the economy settles in, and provides buyers with higher job security, the recovery process in the real estate sector might gather more momentum in the coming year.

At TMR Group, we believe that every customer deserves to get worthy returns on their investment and that’s the reason we have launched our second phase of TMR Green Meadows, Chegunta. With our Phase-I completely sold out with 150 plots and 30,000 square yards, the response has been rather overwhelming. Now is the right time to own a residential open plot in the future of a flourishing destination that’s close to Proposed Regional Ring Road and on NH44 & AH43. To know more about the project, visit https://www.tmrinfra.com/projects/ongoing/green-meadows/green-meadows-plots-in-chegunta-hyderabad.html