Tag: Investment

PLOTS vs. FLATS What do consumers prefer?

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A property purchase is one of the most significant investments you make in your lifetime. It is a long-term financial commitment and considerably impacts your finances. Not forgetting that we are all at different stages of our investing journey. Some of us are first-time homeowners, some others are looking for a second home, and others an investment that helps earn additional income.

But whether you are a first-timer or a returning buyer, there’s one dilemma we all have- to buy a plot or a flat – which is the better investment?

Market studies point out that more than 50% of home buyers prefer new, ready-to-move houses in Hyderabad. However, there’s also an equal percentage of buyers who look for plots and other older properties.

A few critical factors need to be considered before you choose between the two – easy financing, high returns, tax benefits, etc. 

Let’s take a look at the Pros and cons of flats and plots based on a few pivotal parameters.

  1. Flexibility:

Plots offer a lot more flexibility when compared to flats. They allow you to build your dream house according to your preferences and taste. However, in the case of flats, you have no say in deciding the structure of the house.

  • Appreciation rate of property:

Returns on your investment are higher in the case of open plots. Plots appreciate faster than apartments. This is mainly because plots are less in supply in the market.

Flats are also prone to deteriorate over time, which in turn, is likely to result in a decrease in their values. Land is an appreciating asset; hence, you’ll always get a better plot return.

  • Financial assistance:

The Loan-to-Value (LTV), compared to flats, is less for plots in Indian cities. While the Loan-to-Value (LTV) is 80-85% for flats, for plots, only 80% Loan-to-Value (LTV) is allowed. In the case of resale land, this Loan-to-Value (LTV) is only 50%. Also, you can only get a loan for buying a residential plot if the local authority has approved the land.

Hence, arranging funds and capital for open plots is a bit more hassle. On the hand, financial assistance is easily available for purchasing flats, and smoother.

  • Delivery:

Unless you are buying a pre-owned flat, possession of an apartment may require months or even years. Plots are usually ready for possession. If you’re buying a plot in a township, you are likely to get possession of the plot earlier than a flat. This allows you to customise and build your home as and when you want.

To conclude, both plots and flats have their fair share of pros and cons. What to invest in depends on what fits your budget, your financial abilities and liabilities, and your family’s needs. If you are merely looking for an investment for your funds, a plot, however, sounds like a better deal. Investing in a plot in a location that has proposed development and will see appreciation in the future would be a good idea.

At TMR Group, our plots are located at the epicentres for development for thriving returns. TMR Green Meadows at Chegunta, just 30 min away from Medchal, is a plotted community spread over 50 acres for an investment that grows along with you. To know more, visit https://tmrinfra.com/

TMR: All you need to know about wills & gift deeds!

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Real estate has been one of the most preferred investment options globally. No doubt these immovable assets are India’s favourite when it comes to investments, legacies and bequeathing. However, thorough estate planning is essential to minimise any issues that may crop up in the future with regard to both, immovable and movable property.

There are two ways of passing on your assets to your loved ones. Through a will or a gift deed. Let us understand the difference between both and how to go about planning your will and gift deeds in this blog.

What is a will?

A will is a ‘written expression of the intention of the Testator (maker of the Will) as to the mode and manner of division of his/her properties (movable and/or immovable) to such person(s) as he/she may deem fit.’ To put it simply, it is a legal document written while the testator is alive and takes effect after his or her death.

How to make a will?

Any individual who is competent and of sound mind can bequeath his/her assets by making a Will. It can be written either by the Testator, or his agent and must be attested by at least two people, who are third parties to the will. While there are no prescribed formats when it comes to writing your will, the following points need to be covered:

  1. The name/s of Testator’s legal heirs and/or family members, if any;
  2. The name of the person/s to be appointed as ‘Executor’ who will carry out the directions and requests of the Testator in the Will. They will be in charge of the management and disposition of the assets there in the will;
  3. Details of all the assets owned/acquired by the Testator till that point, and;
  4. The mode and manner of distribution of the Testator’s assets

It is not necessary to register a Will to render it enforceable. A will can also be revised a number of times till the Testator is alive. Experts however advise getting it registered to minimise potential disputes amongst the heirs in future

What is a gift deed?

A gift under Section 122 of the Transfer of Property Act is defined as the transfer of asset/property made without consideration by a donor (asset owner) of his own free will. A gift is transferred during the lifetime of the parties and takes effect, subject to acceptance and/or delivery, etc. immediately upon the registration of the gift deed or immediately upon delivery and acceptance thereof in the case of movable property.

In layman’s terms, a gift deed is an agreement made between a donor and a donee that outlines the simultaneous and reciprocal act of giving and receiving. For a gift to be valid, it must be given voluntarily rather than under duress and without the exchange of money.

How to make a gift deed?

There are two key points to be noted when it comes to gift deeds:

  1. Acceptance: It is a legal necessity that the gift is accepted by the recipient after it has been executed and during the donor’s lifetime. If the donee does not accept the gift, it becomes void.
  1. Acceptance: It is a legal necessity that the gift is accepted by the recipient after it has been executed and during the donor’s lifetime. If the donee does not accept the gift, it becomes void.

A gift cannot be revoked, unless both the parties, i.e, the donor and donee agree to the same. At the same time, if the gift is intended to be made in favour of a person who is not your relative, and the value of the property which is the subject matter of the gift exceeds INR 50,000, as of the date of the gift, the recipient of such property has to include the market value of the property in his total income in the year of the receipt and has to pay the appropriate tax on such gifts.

Wills and gift deeds both have their own share of pros and cons. One has to consider multiple points before deciding on a specific course of action. Having said that, both are a symbolic representation of your love towards your near ones. Making the right investment choices which are beneficial to you and your family even in the future is a must. With TMR Group, invest in plots of the future that bring assured profitable returns in the future. These plots in and around Hyderabad are located in the midst of development projects and offer massive development scope and ROIs. To know more about these future lands, visit https://tmrinfra.com/

Hyderabad: A hotspot for open plots!

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The demand for housing in Hyderabad stands witness to the growth of this city. With incentives and initiatives by the state of Telangana to boost the economy, the iconic city is now thriving as one of the biggest IT hubs in the country. Excellent standard of living across all parameters, opportunities for growth and secure investments has made it the choice of residence for young and old alike.

The major reasons behind the growth of the Hyderabad real estate market include infrastructure development projects undertaken by the Telangana state government and investor friendly policies. Several companies are expanding their operations in the city, including international giants like Amazon, Google, Microsoft and the rest. Several skilled professionals therefore are migrating to Hyderabad for better work opportunities and making this city their home. Hyderabad is today one of the top destinations for realty investments in the country.

A recent study has highlighted that southern cities are leading the demand for residential plots in the country. Notably, Hyderabad has witnessed the maximum price appreciation in plots.  The demand for plots and independent floors has significantly strengthened after the COVID-19 pandemic. Residential land is also believed to be a better investment option than buying a flat in apartment. Reports say that plots have generated higher capital returns in India. Experts say that one of the reasons for this demand could be the limited supply of plots in big cities because of paucity of large land parcels in the urban centres like Hyderabad.

Home buyers today are looking for either high configuration homes or private lands to build a home that’s customised to suit their needs. The continuance of Work From Home (WFH) policies and cultures and need for space is predicted to be one of the major driving forces for the same. A demand for plots has been in the range of 900 sq.ft to 1800 sq.ft has been noted. Other factors that have contributed to this demand include the reduction in premium charges and stamp duty in the real estate sector across states.

With the revival in the demand for plotted development, a number of well-known real estate developers have ventured into the plotting business. Unlike earlier decades, where owners of vast tracts of open land would plot their land and sell them as individual units, with several big developers joining the bandwagon, gated plot communities are booming in the business.

Medchal, Adibatla, Ghatkesar, Shankarpalli, Patancheru, Tukkuguda, Maheshwaram and Shadnagar are today amongst the top locations in Hyderabad for investments. The growth prospects in the vicinities of these regions have made them the hotspots for residential markets today.

Plots have undoubtedly become a go-to choice of investments in the post-pandemic real-estate marketplace. Additionally, a well-chosen land offers higher returns on investment when compared to apartments. With TMR Group gated communities you have multiple opportunities in this city of prospects to grow. Our plots in the lands of future opportunities make the ideal investment for a secure future for you and your family. Become a part of our gated communities across the state with a blockbuster discount this Sravana Masam across all our projects in Hyderabad. To know more about this offer, and other projects, visit https://www.tmrinfra.com/

TMR: RERA & homebuyers: A long road ahead!

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We all dream of owning a house one day and then often spend a lifetime earning and saving to make it come true. To put your entire hard-earned money into something uncertain is really scary. Several questions pop up in our minds when we decide on finally buying a home. Right from the location and setting of the residence, to the credibility of the developer. Top it with arrangements for capital, EMIs, thoughts of delays in the project, or worst-case scenario, it getting failed, and we have the perfect recipe for stress.

Until a few years ago, home-buying was riskier than today. Cases of developers leaving projects halfway, duping buyers and the lack of legislation in place were a common sight. This is when RERA came into the picture. 

What is RERA?

At its heart, the Real Estate (Regulation and Development) Act, 2016, (RERA) was passed by the Indian parliament to protect the interests of home buyers. Alongside, it brought a ray of hope for the real estate sector. It was established to address the problems of home buyers and regulate the real estate sector. The act makes RERA registration mandatory for every building that has more than 8 units or land under development measuring more than 500 sq.m. The code aims to create a favourable market and bring transparency in transactions between property sellers and buyers in the primary market.

Objectives of RERA

  • Maintain transparency in the process of the transaction, and bring down scams and fraud
  • Bring a standard PAN-India code for real estate
  • Bring a sense of responsibility for both buyers and sellers
  • To enhance confidence among investors and in turn the credibility of the real estate sector

Telangana State Real Estate (Regulation and Development) Rules, 2017

When the parliament passed RERA in 2016, it mandated every state and union territory to form its own regulating body and frame rules to govern the functioning of the sector in their region. Therefore, Telangana State brought the RERA rules into action in 2017. Known as the Telangana State Real Estate (Regulation and Development) Rules, 2017 these apply to all real estate projects, whose building permissions were approved by the authorities on or after January 1, 2017. Alongside, the TSRERA provides many services for home buyers, developers and real estate agents. With this, the authority aims to promote the ease of doing business in the state.

Rights of home buyers under RERA, 2016

The Real Estate (Regulation and Development) Act, 2016, lays down certain rights for home buyers. These include:

Right to obtain project information: Every buyer or allottee has the right to obtain information about the project in question, its sanctioned plans, layouts, RERA registration number and other specifications.

Right to know about project completion and schedules: Buyers and allottees have the right to know about the stage-wise project completion, and provisions by the developer for sanitation, electricity, and all other amenities mentioned in the terms and conditions of the agreement.

Right to claim possession: A buyer or allottee has the right to claim possession over the property and other amenities when the formalities are complete and remuneration paid. Along with this, they also have the right to claim their documents when handed possession of the property, including the layouts and plans for common areas.

Right to refund: If the developer fails to comply with the terms of the agreement or is unable to hand over possession in tune with the terms of the agreement, the buyer has the right to claim interest and compensation from the developer.

Impact of RERA

The implementation of RERA has had a positive impact on the real estate sector across the country. It has revived the confidence of home buyers and this field continues to thrive with investments even in the post-covid era. Cases of fraud and scams have witnessed a massive fall. With RERA in place, a developer cannot demand more than 10% of the total project cost as advance and application fees. This has saved buyers the stress of having to accumulate unfair amounts of capital in haste.  Developers also have to quote the exact carpet area in all agreements, which helps a buyer understand the exact area and expenses.

RERA, with its implementation, has boosted transparency in real estate and revived the sector. At TMR Infra, we believe in maintaining transparency in all our transactions. Our beliefs and quality have helped us build a community of thousands of happy customers in Hyderabad. Become a part of our 50-acre gated community, in the land of the future at Chegunta, just 30 minutes away from the Medchal highway. To know more about us and other projects, visit https://www.tmrinfra.com/

Tips to Examine Construction Quality

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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