Tag: Investment in the plot

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.

Why own a plot in a gated community

Why own a plot in a gated community?

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Owning a plot is a big decision to make because we put a major chunk of our investment into it. Everyone who buys a plot definitely looks out for higher returns on any given day. Putting all these aspects under the microscope of an Indian family, the decision gets even bigger and meticulous because there are too many people in a family who influence this single decision. If it is a joint family, the process is further multiplied. Nevertheless, when the entire family decides to own a plot in a gated community as against buying an individual plot, here’s what a gated community can offer you.

HASSLE-FREE DOCUMENTATION

When you own a plot in a gated community, the best part of the whole buying process is that your documentation process is hassle-free. There are real estate consultants who help you out with all the legal terms and intricacies of the process and inform you about all the required documents. With the digitization of most of the document requirements, the process is furthermore made effortless.

YOUR INVESTMENT IS SAFE & SECURE

When you own a plot that is not in a gated community, which is individually lying somewhere on the outskirts of the city or hidden somewhere in the city, there’s comparatively a risk of encroachment. That’s yet another reason why most people opt for gated community plots. When the plot has 24×7 security systems in place, there is no risk or worry of your plot being encroached or manhandled. With the advancement of technology, there are CCTV cameras installed these days for round-the-clock surveillance.

YOU GET TO EXPERIENCE COMMUNITY LIVING

Owning a plot in a gated community has its own advantages which we are clearly stating here. Another reason why this would be a wise decision is that you and your loved ones would get to experience an integrated lifestyle. With many like-minded people owning a plot in the same township as yours, the overall experience of living close to people you like and places you love gives you a different kind of positive vibe altogether.

TRUST OF THE BRAND

There are many factors why you would choose a particular brand to own a plot in a gated community. First and foremost is trust. As mentioned earlier; with an investment of such a huge amount, you would definitely look out for someone who is trustworthy, reliable and committed to helping you. When a brand, with extensive experience in the real estate and plotting market, makes a promise that fulfills all your needs, you would certainly choose the brand and not any untitled broker. When the brand offers you clear title NA plots, you have entrusted your faith in the right place.

At TMR Group, we ensure that every customer who owns a plot in our gated community projects, gets to experience all that we have to offer. Be it for our value for money deals, or transparency in every transaction we make, TMR Group presents you with a plethora of gated community plots spread across prominent destinations at Hyderabad.