Land - the flexible and safest investment deal in 2020

Land – the flexible and safest investment deal in 2020

Achieving your future financial planning goals is a long term process and there are several ways in which you can build assets. One tried and tested avenue which generally yields good results is investing in real estate. But even in field of real estate investment, there are different categories such as Residential Apartments, Commercial Spaces and NA Plots, among others. While investing in each category has its pros and cons, investment in plots can be seen as probably the most flexible one of them all. Read on to find out how!

FLEXIBLE USAGE

While there are certain limitations on what you can do with a residential property or a commercial property, plotting properties offer great flexibility. You can develop your plot according to your aspirations or hold on to it for better appreciation – the choice is yours. Moreover, you can also rent your land for commercial enterprises. Thus, land gives you the benefit of all the three types of real estate investment.

YOUR RETIREMENT HOME

Since the piece of land you own can be used at your own discretion, you need not be in a hurry to develop it or sell it off. Land, being a scarce resource in terms of ownership, provides the advantage of great appreciation in the long term. But as you progress in life setting milestones, you can even create your dream retirement home according your own aesthetics… something that literally becomes the talk of the town! But exaggeration aside, your dream retirement home can actually become an excellent legacy to be passed down to the younger generations.

GOOD LOCATIONS PROVIDE GREAT RETURNS

Choosing a great location to invest in land will give you a financial edge in the future. Plotting projects are generally situated in the outskirts of a booming city, where larger tracts of land are freely available. But deciding the right location to invest in can have a tremendously positive impact on your returns. Buy a plot where foreseeable development is possible in the future and the area offers great civic infrastructure. Buying the right piece of land at the right time is also crucial.

MORE FREEDOM, MORE OPPORTUNITIES

Some investment methods can be quite restrictive but with your own land, it’s a different story altogether.  So long as you are following the local government policies and norms, the land is yours to use as you please. So for example, if you are using your some specific purpose but find another one that would generate more income; you can switch effortlessly, provided that you seek and acquire the relevant permissions. Additionally, if you want to sell some of it off and keep the rest it’s yours to do so.

NET WORTH DIVERSIFICATION

Investing in land is one of the best methods to diversify your net worth. Complementing your other sources of income and asset generation, land can contribute significantly through rent or appreciation. Having a diverse investment portfolio is better for your overall financial security. Having different sources of income is a great way to help secure your future, regardless of what the markets are doing.

Hyderabad has emerged as one of the prominent cities for real estate investment in India. TMR Infra is the most trust name in the real estate of Hyderabad, with a legacy of more than 16 years of excellence. TMR strives to keep promises by maintaining proper transparency in documents of plotting projects and provides RERA approved and ‘DTCP approved layout’ land for sale. Make a solid investment in land that will serve as a legacy for your future generations!

Essential financial tips to know before investing in land for sale

Essential financial tips to know before investing in land for sale

Your own space is a legacy of happiness, culture, origin, comfort and lifetime memories! Raw land provides great development opportunities and often gives an overwhelming feeling of ownership! Being a limited resource among all, plot lands are flying high in demand. Construction of your home can be similar to crafting a masterpiece of art. The tactics and proportion of shades, tone & strokes should always be balanced and on point. Similarly, in the homebuilding process, the quality of land, location, materials, and amenities should come together in a balance to create an appropriate home.

Investment in the plot is always called a big win in terms of returns. The land is the only resource that is continuously increasing its valuation. Buying land may sound very simple and straight forward, but the process is far more complex; after all it is a process of crafting dreams. The journey starts from the selection of area, district, neighborhood, where you want to settle down and rise to your dreams! During homebuilding, one must always keep a check on the budget which sometimes tends to grow too! As one of the most flexible investment deal, plot land always brings great returns at very less cost. Here are some questions which a person should ask themselves before endowing capital on land investment.

Where do you want to buy your plot?

India is well known for its diversity in ethnicity, race, places, languages, places, and climate. Highlands in the north give the courage of limit-pushing development, whereas coastal areas of the south will paint your soul with the color of freshness i.e. Green. In Indian real estate, the market is quite broad & full of opportunities. The real estate market possesses an excellent amalgamation of urban locale and soothing surroundings. Due to overpopulation and massive urbanization, the crowds are shifting towards the suburbs of every city. Consequently, the small cities are coming under consideration for commercial and residential investment on a very large scale (like Amazon office at Hyderabad).

What type of land can you buy?  

Some loans are specially designed to purchase a plot of land for residential purposes. Different banks impose different terms and conditions regarding the purchase of the property and construction of the home. Some will ask you to purchase a plot in an area that is DTCP & RERA approved or not. Whereas, some banks might ask you to start construction of the home within a few months of the purchase of the property. Try to be very clear with your ‘5 Ws and 1 H’, make a round figure estimation and stick to it!

Does it suit your requirements?

Various factors can influence your decision of building a house on residential plot land. The increasing cost of construction is one of the most important factors among these. In comparison to other real estate investments, putting your money in a plot and building a house can at times be less expensive. The land is a long-lasting asset, and unlike other residential options its value rarely depreciates. Also, as per your convenience, you can pace the construction to suit your financial and economic constraints. Building your home by yourself enables the owner to make as many changes as he/she wants and implement his/her creative ideas to design the home. Besides, it also allows you to postpone the major expenses, improvements, and expansion for a shorter or longer duration.

What documents are required for loan processing? 

While borrowing the loan to purchase a plot in the plotting project, you are supposed to submit a few important legal documents associated with the plot, and verify the layout drawing of the site as approved by the town planning authority of the land. Other property documents include original documents regarding the ownership of land, revenue receipts, land records and tax receipts of the property. Take a deep look at these points and make sure that the documents are not expired or fraudulent. 

So getting the right financing for your dream space is just a small part of the whole process yet plays a very important role in homebuilding. TMR Group is always ready to accompany you in the mesmerizing journey of owning living space in the bustling locations of Hyderabad. Being one of the renowned names in the real estate industry of Hyderabad, TMR Group has successfully revamped the face of plot land in Hyderabad, by developing excellent gated communities. Buy clear title plots in the booming locations of Hyderabad only with TMR!

5 things to remember while purchasing plot

5 things to remember while purchasing a plot

It is said that creation always retains certain characteristics of its creator. This applies to each one of us and not just great masters like Michelangelo and Picasso.  So our every creation no matter how trivial, recites a story behind its making. Now when it comes to building a home or owning land, your property should speak out not just your aesthetics, but you ethos as well. That’s why prior planning is preferable when you are about to invest in land.

Building home is a journey of who you are, what you want, how you want to live and where you want to be. Investing in land is a big decision to make and a clear vision can help in making it possible. The house and its interior should reflect your personalities, desires, behaviors through every impression. Moreover, it is a process of closely watching the transformation of dreams into a concrete figure of aspiration. So in home building or investing in residential properties, the goal setting is a big requirement that should satisfy both – your left and right brain as well!

At their core, all deals of real estate and even decisions like buying plots are made with the vision of returns. Plot purchasing and investment in land is known to ensure heavy value appreciation.

Here are the 5 things to remember while purchasing a plot for sale.

1. Set goals. 

Before taking any big decision, you need to ask yourself many questions yourself regarding investment in the plot for sale. Why, where, and what will this cost, is it within your budget? Keep a backup plan ready! After calculating and comparing all the parameters find an ideal plotting project for yourself. Constructing a new home for yourself is all about setting goals and taking the steps to achieve those goals. 

2. Draw out a budget pattern- 

Setting up a budget is the first thing, as it is the ultimate responsibility to take care of. While making your budget, of course, you’ll begin with what you can afford, and how the cost of your house fits in with your overall plans for the future. When you’re ready to get down to details, include everything like the cost of land, local fees and taxes, design and engineering fees, construction of not just the home but the landscape, plus furniture and decorating.

3. Investment in land with good infrastructure:- 

After all, space on its own is not enough to lead a good life; to make a space more sustainable we require services like electricity, water supply, and basic infrastructure facilities so that there won’t be any problem while staying.

4. Assemble a team. 

Never go simply by recommendation, hire your own trusted experts. It is the largest investment of your life so cross-check with the market professionals for logistics. An architect and a lawyer are going to be your most important team members. These people will act as a guide, therapist, advocate, and counselor throughout the journey.

5. Enjoy the experience!

 It is your place to be creative so plan something that can add value to your life for generations. Decide the color of paint, the study area and its distance from the drawing and dining room. Your villa is a physical manifestation of your cherished aspirations. TMR, one of the most trusted names in the real estate industry of Hyderabad, helps to make it true! Widely recognized for converting barren land into the best gated communities of Hyderabad with clear title plots and transparent documentation, TMR strives to make your life happy and flourishing by offering minimum investment and maximum returns! Buy RERA approved plots in the buzzing peripheries of Hyderabad, and begin your investment journey of prosperity!