Tag: Hyderabad

All about the new RRR: Regional Ring Road

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Unlike the period action drama that the maker of Baahubali is making, RRR is nothing similar to what we are about to discuss. This RRR stands for Regional Ring Road – the nod for which has already been given by the Central government for Hyderabad. Let’s talk about this particular RRR in detail, shall we?

THE ORIGIN

For the last several years, the Telangana Rashtra Samithi (TRS) MPs have been representing the central government and seeking permission for Regional Ring Road (RRR). The central government had already approved in principle, for the RRR project way back in 2018, but later failed to make any further announcements on the project.

In the initial phase of the project, the union government had issued a gazette notification to commence work for 166 kilometres of the Regional Ring Road in 2017. The stretch connected Sangareddy, Toorpan and Choutuppal.

The financial viability of the project came into question by the Union Road Transport and Highways Ministry in 2019. That’s when a fresh Detailed Project Report (DPR) was called for and the Telangana government duly complied. When the report was submitted, the second phase of the project was lost in oblivion.

It was only when yet another fresh representation by the TRS delegation was made recently and the Union Minister informed the delegation that the second phase of the RRR project connecting Choutuppal, Shadnagar and Kandi has been approved.

ALL ABOUT RRR – REGIONAL RING ROAD

The overall length of the 6-lane RRR project would be 338 km while the width would be 500 feet. The state government has agreed to share at least 50% cost towards land acquisition to execute the project that’s estimated to cost about INR 13,000-crore. The land acquisition for RRR has been completed by the state government and the project is awaiting clearance from the forest department to invite tenders. The RRR is said to come up beyond the existing Outer Ring Road (ORR) and is expected to play a significant role in the economic development of Telangana.

The Regional Ring Road would be connecting Sangareddy, Narsapur, Toorpan, Gajwel, Choutuppal, Bhongir, Jagdevpur, Ibrahimpatnam, Chevella, and Shankarpalli.

TELANGANA PLANS FOR RRR

In order to boost the economic advancement of the state, the Telangana government plans to develop 50 acres within the 30 to 40-kilometre wide strip between ORR and RRR into satellite townships. The state hopes that the RRR will help uplift the infrastructure investments, employment opportunities between the circular roads and reduce congestion in Hyderabad.

It is also said that the Union Minister has given his approval for expansion of the 31.8-km Kodad-Khammam National Highway to 4 lanes under the Bharatmala Pariyojana programme. The Minister for Road Transport & Highways, Mr. Nitin Gadkari has also confidently responded to the demands for the completion of several highway projects as promised under the Andhra Pradesh Reorganisation Act.

At TMR Group, we believe that these kinds of developments not only help the state to prosper and grow economically, but they offer numerous opportunities for businesses to mutually progress along with the state as well. While we, at TMR Group, have constantly been contributing to the cause, we feel that the Regional Ring Road, just like the title and the maker of the movie suggests, would be a huge blockbuster.

How is DTCP different from HMDA?

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You might have heard of these terms – DTCP & HMDA, everywhere whenever you encountered a real estate consultant. Why do they sound so similar? What’s the difference anyway? This blog will elaborate on the details as to why there are two distinct regulatory authorities overlooking the same field (pun, intended).

Let’s begin with knowing what they actually mean – DTCP stands for Directorate of Town and Country Planning, and HMDA stands for Hyderabad Metropolitan Development Authority.

Director of Town and Country Planning

The primary duties and functions of the Director of Town and Country Planning can be bifurcated into three categories – technical statutory functions, technical non-statutory functions and advisory functions.

Technical statutory functions:

  • DTCP prepares General Town Planning Schemes (Master Plans)
  • It is also responsible for the preparation of Indicative Land Use Plans (Mandal Master Plans)
  • DTCP gives all the technical approval of layouts and buildings plans (Group Housing), commercial complexes
  • DTCP is responsible for the preparation and approval of the different type of designs for community and public buildings
  • DTCP approves all sorts of technical clearance of installations (Industries), and road development plans
  • It provides NOC for cinema theatres / multiplexes

Technical non-statuary functions:

  • DTCP is responsible for the allocation of IDSMT funds. The scheme is no longer available as it was already closed in 2005 and the work of approved components are in progress.
  • DTCP sanctions approval of designs for public and community buildings and also suggest variations to the sanctioned master plans

Advisory functions:

DTCP is Advisor to Urban Development Authorities, Telangana Housing Board, Telangana Industrial Infrastructure Corporation, Telangana Pollution Control Board, Telangana Swagruha Housing Corporation and Government on planning matters. It also advises on the selection of sites and services of Municipal Councils.

DTCP overall has certain rules similar to HMDA. Now let’s have a look at the primary roles of HMDA.

Hyderabad Metropolitan Development Authority

The purpose behind which HMDA was set up was basically for planning, coordination, supervising, promoting and securing the planned development of the Hyderabad Metropolitan Region.

The development activities of the municipal corporations, municipalities and other local authorities, the Hyderabad Metropolitan Water Supply & Sewerage Board, the Telangana Transmission Corporation, the Telangana Industrial Infrastructure Corporation, the Telangana State Road Transport Corporation and other such bodies are coordinated by HMDA. Here are some of the many primary roles of the Hyderabad Metropolitan Development Authority.

  • HMDA basically prepares the entire plan for the Metropolitan city. It undertakes the preparation of metropolitan development and investment plan, revision of the plan and prioritizes its implementation.
  • It maintains and manages the Hyderabad Metropolitan Development Fund and allocate finances based on the plans and programmes of the local bodies for undertaking Development of amenities and infrastructure facilities
  • HMDA also monitors and exercises financial control over the budgetary allocations concerning development works made through it to the various public agencies, local bodies and other agencies
  • HMDA creates and manages the Hyderabad Metropolitan Land Development Bank and takes up land acquisition every year as may be necessary for various public uses, township development, infrastructure development, etc.
  • It approves the land acquisition programmes /proposals of the local authorities, other departments and functional agencies in the metropolitan region
  • HMDA acquires any movable or immovable property by purchase, exchange, gift, lease, mortgage, negotiated settlement, or by any other means permissible under any law

TMR Group is proud to have a wide range of plots in Hyderabad approved by both DTCP and HMDA so that our customers can invest in our property without any worries and strongly reinforce the trust factor in the customers. When they get to invest in a plot that gives them a sense of reliability and transparency that TMR Group has to offer, we get inspired to serve even better.

Source:

  1. http://dtcp.telangana.gov.in
  2. https://www.hmda.gov.in

TREDA – The driving force behind Telangana’s real estate’s progress

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The Telangana Real Estate Developers Association – TREDA which was earlier known as APREDA marked its presence in the year 1995. The association today majorly comprises over 300 members who are renowned builders and developers in the region.

Why does Telangana need TREDA?

In the past few years, TREDA has evolved to be the knight in shining armor for the government. It has played an instrumental role in formulating various policies that are in favor of the real estate developers. TREDA has also helped to establish certain Development Control Rules (DCR) and has proudly pioneered a comprehensive model to aid the general public and the real estate developers in Telangana.

TREDA has also been quite proactive along with the authorities to help rationalize taxes and fees such as stamp duty, registration, service tax, VAT, etc. These measures have benefitted the real estate developers and the stakeholders to a significant extent.

Along with these proactive measures, TREDA has also proven to be an effective marketing channel to real estate developers by organizing various property shows, and influencing vendors and banks to be an integral part of this value chain.

How has the journey for TREDA been?

TREDA has been quite a disseminator of knowledge by carving out a niche for itself in a span of just 15 years.

2011: TREDA delegation visited the Canton Fair in China & it was a landmark in itself

With some of the prominent initiatives taken by TREDA in the due course, here are the few of the initiatives that were taken in knowledge partnership –

2012: Organised a conference on “Real Estate – Accelerating the Growth Story”

2013: Organised a conference on “Staying Ahead in Real Estate – Innovative Construction & Understanding Taxation”

2014: NAREDCO & TREDA organized a Trade Mission to Turkey for Turkey World Trade Bridge / Fair (TWTB) 2014 with a special focus on Construction and Construction Materials, Furniture & Related Machinery

What TREDA means to society?

TREDA has actively been contributing to the welfare of society by building homes for the flood-affected and tsunami hit families whose lives were devastated by the calamities. TREDA also played an influential role in taking up the beautification of both the entrance roads of Hitex and HICC, Hyderabad, ahead of the UN-supported CoP-11 summit. TMR INFRA as a dynamic member of TREDA has been playing its part as an essential element in the growth and development of Hyderabad & Telangana as a newborn state. Being a proud member of TREDA, TMR Group believes that such associations help real estate developers to boost their business and establish an engaging relationship with customers through property shows and many such events.

What you need to know before relocating

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Reasons for relocating to a new place can be many. To make it one of the best moves, one must consider several points that make moving to a new place easy and worthwhile. Here in this blog, we are going to throw some light on aspects that can make you shift swiftly.

Getting Familiar through Research

Shifting to a new place is a toiling task. And living in an unknown place can be more pounding. Before relocating to a new location, one must thoroughly research the surroundings like – stores, malls, medical facilities, connectivity and more. Knowing the existence of such facets can help in more swift functionality when you move into a new space. Such preparation would help you save time and energy and would also help you keep focused on carrying out different essentials.

Measuring the time period

When relocating to a new place, one must chalk out for how long one plans to stay in that particular place. Having that done, it gets easier to plan properly for the given tenure. Having a long-term plan of staying at a place helps you develop a sense of belonging. One can gel with neighbours, try to customise the space, build something new and do so much more. The time period for one’s stay is an essential touchpoint that influences various other factors.

Best time to shift

One must properly assess the best time to shift to a particular home. As it changes the area of your current residence, various other elements play an important role. A new region can have a different climate as compared to the existing space where one is residing. These factors seem very minor but have a great impact on your experience and the lifestyle you would aspire to lead. Studying these touchpoints and then making a move would be more benefitting than just planning at random and trying to execute them.

Cost Estimation

Moving to a new place involves additional cost. Firstly, it’s about assigning packers and movers who can effectively pack all your belongings and transport them to your newly selected home. The process is time-consuming and at times, highly confusing with a lot of things to be shifted and rearranged to a new place. One must map all the costs that would be coming your way when planning to relocate. Also, one has to properly calculate the deposit, maintenance and other such charges. Having a proper map of such essentials, help in carrying out such processes with ease and comfort.

Eliminating the junk

There can be various items which would be of no use at the new place of residence. One must try to do a property tour to the new place and assess what material can stand insignificant there (as mentioned in the earlier blog). Such items should be omitted from transportation in turn saving your time, energy and extra cost it includes. Lack of storage space also can make you throw some items which were a right fit at your previous residence. These items should also be discarded from transportation.

At TMR Group, we make sure all these points are checked. When you visit the site to assess the plot, all the parameters such as location, amenities, cost, etc. are taken care of so that you get a value for money deal and your choice to relocate to a new location is justified. TMR Group offers you a plethora of options to choose from across various prime locations in Hyderabad. So, if you are planning to relocate to the City of Pearls, you better make a gem of a choice.

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).