Tag: HMDA Approved

Amendments made by Telangana government on illegal plot layout are a boon to plot buyers

Amendments made by Telangana government on illegal plot layout are a boon to plot buyers

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Hyderabad has been an important city of India, historically, culturally and commercially as well. The wide range of opportunities that one can experience in the cyber-capital of the country are limitless. As such, the city attracts individuals from not just the state but also the entire country who come here to work as well as settle down. While the main areas of the city are now getting congested due to widespread development, the outskirts are showing great promise in terms of land availability, prices and long-term value.

We all harbour hopes of owning piece of land that we can call home and retreat into during our twilight years. Owning land brings with itself numerous advantages as an asset. Land ownership promises great returns in the future, but investing in land also comes with its own set of challenges. Merely owning any piece of land is not enough. For better returns and complete satisfaction, it is essential that you own 100% clear title gated community open plots created by reputed and trusted developers.

While fraudulent practices had by and large given a bad name to the practice of buying plots, the amendments done by Telangana government are a ray of sunshine for buyers that are looking forward to investing in plots. Look out for these two important factors that will protect your interests as a plot buyer and owner:

Government approved layout:

The thing to note is that in case of municipalities and municipal corporations in HMDA limits, the HMDA will regularise the plots and in case of other municipalities and corporations in other areas, the Director of Town and Country Planning (DTCP) will regularise but the applications have to be submitted to the respective civic bodies. Under the 2019 Municipalities Act, the authorities are entitled to ask the registration department to not register open plots in illegal layouts. That is why you, as a buyer must always opt for clear title open plots from developers who only build according to the government approved layout. Trusted developers such as TMR Group provide complete transparency and develop only according the HDMA approved layout.

Clear documentation

The Telangana Government has recently taken a major step towards stopping the sale of properties without necessary approvals. This means that before purchasing a residential plot, you must take into consideration the background and history of the builder, verify all the documents and find out if the land is under any litigation issues or not. As discussed earlier, Layout Compliance is extremely important as well so transparent documentation and a legacy of customer satisfaction is necessary while choosing the right plotting developer. You need to ensure that you have the right 7/12 extract.  The 7/12 extract is important because it serves as a proof of the land title. It can be used to check any previous conflicts associated with the property. This is another reason why buying a plot from a reliable plotting project developer instead of an individual is more advisable as it simplifies the process and smoothens out the hassles in documentation.

If you are looking forward to invest in land in Hyderabad & Telangana, TMR Group can help you achieve your goals of prosperity with the best plotting projects. Rooted in 16 years of trust, transparency and ultimate customer satisfaction, our projects have helped our ever-growing customer base enjoy amazing returns on affordable investment. With RERA & HDMA Approved projects featuring DTCP Approved Layout, our fully clear title plots at prime locations in Hyderabad & Telangana are your opportunity to rise with your land, your prosperity.

Hyderabad - the hub of gated community open plots

Hyderabad – the hub of gated community open plots

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As the cyber capital of India, Hyderabad has carved a niche for itself with its technological progress. Attracting a wide range of skilled professionals and individuals from every sector, Hyderabad is growing in leaps and bounds, constantly pushing its boundaries and redefining the suburbs. This rapid urbanisation is also creating a uniquely new demand – the desire for land that you can call your own. The city is now developing a new identity as the emerging hub of gated community open plots in the outskirts of the main areas. Read on to find out why this trend is catching up fast and how you too can benefit from it!

Growth Factor:

Hyderabad is steadily transforming itself into a powerhouse of trade and commerce. Having proven its expertise in the IT industry, the city is attracting global giants from diverse sectors such as automobiles, pharma and more. More often than not, the industrial complexes of these MNCs are located a little away from the city due to the availability of larger tracts of land at cheaper rates. For a majority of the workforce employed in such complexes, travelling every day from the city can be a difficult proposition. A gated community can serve as the perfect option for such individuals and their families.

Serenity:

While the main areas of the city are now experiencing traffic woes and congestion due to sporadic development and haphazard planning, the outskirts are offering you the space to breathe. As the city expands, these erstwhile fringe areas are now getting the advantage of proper infrastructure and civic facilities. But that’s not all – the outskirts of the city offer peace and serenity of nature to balance the rapid progress. The lack of pollution is a blessing for those seeking to escape the commotion of the city yet stay to it.

Great Returns:

This would probably serve as the biggest driving factor for investing in a gated community open plot in and around Hyderabad. Since owning land is a great way to secure and build fruitful assets for the future, the fast-developing areas around the Hyderabad International Airport as well as the Outer Ring Road are becoming prime investment hot-spots. But simply owning any piece of land is not enough. ROI increases with the availability of great infrastructure and civic amenities like provision for water, electricity etc.

That’s where TMR Group steps in to make your land investment dreams come true. With over 16 years of expertise in developing premier plotting projects, TMR Group offers the best gated community open plots for sale in some of the most sought-after areas of Hyderabad. TMR Group specialises in clear title open plots that offer HDMA approved layout, which is essential for better returns in the future. Moreover, plots by TMR Group are RERA approved so resale in the future is never an issue. Invest in clear title residential plots with TMR Group to create an unforgettable legacy for the future and watch your returns grow!

The importance of legal documentation while buying plots

THE IMPORTANCE OF LEGAL DOCUMENTATION WHILE BUYING PLOTS

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Imagine waking up to the sounds of birds chirping as gentle rays of the sun brighten your cozy little garden. You sit with your family enjoying a morning breakfast in your very own sit-out. All of this is possible only when you own a plot, and that’s why it is often considered a dream investment. Buying a plot is also an emotional investment. Owning a piece of land has several long term benefits from a returns perspective. But at the same time, buying a plot of land calls for a higher degree of precaution as the legal documentation is a little different from that of buying a residential property. This increases the risk of duplicity and in some cases, even fraud. The best way to safeguard oneself against such unfortunate occurrences is the ‘7/12 extract’. It is document that provides complete information about a land property including details like:

  • Name of the owner
  • Survey number of the land
  • Size of the land
  • Type of the land – N/A or not
  • Location of the land with respect to infrastructure facilities like water bodies and roads
  • Loan extended to the land owner

The 7/12 extract is important because it serves as a proof of the land title. It can be used to check any previous conflicts associated with the property. Buying a plot from a reliable plotting project developer instead of an individual is more advisable as it simplifies the process and smoothens out the hassles. In case you are buying a plot from an individual, it is important to check if the property is free from any litigation or not. Even in such cases, the ‘7/12 extract’ comes handy as the Court may require the land record proofs in case of any civil litigation and the document is also useful for sale transaction at Sub-registrar’s office. The document can be availed from the revenue department of the government against a nominal fee. In case of mutation (transfer of ownership) the document is to be submitted with the name of the new owner. Transfer of property title is done through sale deed.

In addition, if the owner wants to raise a loan from the bank, 7/12 extract is essential. Thus from a buyer’s perspective, it is imperative to scrutinize the documentation with a fine-toothed comb to avoid any hassles at later stages. Another factor is the availability of good infrastructure and easy accessibility. Buying a plot within a plotting project gives you the benefit of well planned basic infrastructure such as paved roads, electricity and recreational amenities as well. Even a large plot bought cheap would be difficult to develop and live in if these basic requirements are not fulfilled. Buying a plot that is RERA Approved or HDMA Approved where applicable, usually solves your basic governmental clearance issues. When it comes to certain parts of Hyderabad, having a DTCP approved layout is always preferred as it comes with a host of infrastructural advantages. That’s why you should always go for a plotting project that offers both RERA Approved plots and a DTCP Approved Layout.

If you are looking forward to invest in land in Hyderabad & Telangana, TMR Group can help you achieve your goals of prosperity with the best plotting projects. Rooted in 16 years of trust, transparency and ultimate customer satisfaction, our projects have helped our ever-growing customer base enjoy amazing returns on affordable investment. With RERA & HDMA Approved projects featuring DTCP Approved Layout, our fully clear title plots at prime locations in Hyderabad & Telangana are your opportunity to rise with your land, your prosperity.