Tag: IT industry

Hyderabad welcomes the New Year on a cheerful note!

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2022 has been a phenomenal year for residential real estate. Industry research attests that despite the headwinds of rising property prices, interest rate hikes, and geopolitical tensions, housing sales in the top seven cities of India crossed their previous highs of 2014.

Market research studies state that approximately 3 64,900 residential units were sold in the top seven cities in 2022. This is against the 2, 36,500 units sold in 2021. With these figures, the sector recorded a 54% year-on-year increase. Interestingly, the last time such peak figures were recorded was in 2014, when 3.43 lakh units were sold.

Mumbai Metropolitan Region witnessed the highest sales of about 1, 09,700 units in the seven cities studied in 2022. The financial capital was followed by NCR, with approximately 63,700 units. Hyderabad, on the other hand, saw the sale of 47,487 residential units.

In terms of new launches, the top cities saw a 51% annual rise. The numbers rose from 2, 36,700 units in 2021 to nearly 3, 57,600 new units in 2022. Hyderabad saw the second-highest launch figures, with 68,000 units launched in 2022 compared to 51,500 units in 2021. The city of pearls was only second to Mumbai Metropolitan Region, which recorded 1, 24,650 new launches in 2022. Both the cities together accounted for 54% share of all the residential launches in the year.

Market experts anticipate the current sales momentum in the housing sector to continue in the first quarter of 2023. Experts mention that the appetite for homeownership has remained undeterred, and maximum sales are being driven by the end users. However, a lot of stakes will also depend on how the home loan interest rates pan out over the next year.

Industry experts also believe that ready-to-move-in units will continue to top the buyer demand. The demand for new launches will also gain momentum in the year ahead. The large and listed developers will continue to dominate the market. Buyers have a certain level of faith and confidence when it comes to top builders and developers; hence, they will continue to perform well and see significant sales in 2023.

Despite the affordability level of buying housing properties witnessing a decline last year across seven major cities due to the rise in mortgage and property rates, Hyderabad remains one of the most affordable residential markets. A stable employment market in the city, longer loan tenures, and supportive government policies have been instrumental.

2022 was a phenomenal year for the real estate sector in Hyderabad and other cities of the country, particularly for the residential segment. There was robust housing demand, mainly from end-users, in not just the top cities but also across tier 2 and tier 3 cities.

Affordable housing, ever-growing job opportunities, infrastructural advancement, superior standards of living, and excellent connectivity, make Hyderabad the hub of development. Secure a future here for you and your family with TMR Group. Invest in plots in the hotspots around Hyderabad that allow you to uncap a future full of growth and profitable returns. Visit https://tmrinfra.com/ today to know more!

Turnaround in Hyderabad’s Real Estate!

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Hyderabad – India’s Pearl City, has become one of the most popular investments and property-buying/renting destinations today. The real estate market in Hyderabad is robust and clocked a 32% growth in sales in the third quarter of 2022 and a 19% growth in new projects. Additionally, it is also one of the most sought-after office destinations in the country, and as of September 2022, over 104 million sq.ft of office stock was available in the city. Let us understand this turnaround in Hyderabad’s real estate market in detail!

A report by a leading real estate market researcher has highlighted that the strong momentum in demand has generated an uptick in the supply of new residential projects in the city. Around 11,000 housing units were launched, which in turn registered 19% YoY growth during the quarter. Hyderabad also witnessed a healthy surge in price growth, with aggregate residential value moving up by 6% YoY during Q3 of 2022.

Simultaneously, Hyderabad witnessed office space transactions of eight lakh square feet in the commercial market during Quarter 3 of 2022. The report states that the city witnessed new office completions of 33 lakh square feet during the quarter. At an average rent increase of 7% YoY, Hyderabad recorded the third-highest 12 months office rental value growth across the eight leading cities of India during Q3 of 2022.

With a booming real estate market, the peripheries of the city centre have now expanded. Also, new urban projects in the city’s eastern part have contributed to the increase in the real estate market. The growth of Hyderabad as a major employment hub has, no doubt, fuelled this growth.

The IT industry in Hyderabad is one of the most significant global IT/ITES presence. Amazon, Google, Microsoft, and other giants, along with a number of unicorns and start-ups, all call this city their base. With Hyderabad Pharma City in the pipeline, it has grown into a major pharmaceutical and biotechnology powerhouse in India.

The report highlights the Telangana government’s policies have a big impact on real estate in Telangana and the trends across all real estate segments in the state. Various policies of the State government have led to a remarkable turnaround in Hyderabad’s real estate growth over the last few years, apart from aiding in the overall development of the State.

Experts say that this business environment, led by a stable political dispensation, focused policy initiatives, widening infrastructure bases, positive stakeholder sentiments, and availability of a large talent pool is expected to continue to improve in the State.

The boost in real estate is expected to trigger ‘return to office’ sentiments as the effects of the pandemic lessen in the coming years. As such, high-quality institutional supply in the IT corridors would also boost the creation of smarter developments in the city as well as encourage the launch of new projects. Delivery timelines, however, may get impacted as mid and high-end properties will continue to drive the demand is what experts predict for the upcoming year.

Telangana currently accounts for 5% of India’s GDP. The adoption of global and domestic business-focused policies almost immediately after the State’s formation in 2014 has given the state’s economy a boost. Hyderabad continues to rank high on the global standards of living parameters and is the best city to live in India, beating Delhi, Bengaluru, Mumbai, or Chennai.

With unlimited job opportunities and infrastructural advancement, Hyderabad is experiencing a boom and will be the hub of development in the coming years. With TMR Group, invest in plots in the hotspots of growth around Hyderabad today for a flourishing future. Visit https://tmrinfra.com/ today to know more!

References:

https://telanganatoday.com/remarkable-turnaround-in-hyderabad-realty

https://www.deccanchronicle.com/business/in-other-news/300922/hyderabad-real-estate-clocks-32-sales-growth-in-september-quarter.html

Hyderabad – Destination of a lifetime

Hyderabad – Destination of a lifetime!

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Hyderabad – The city is already known for its historical significance, for its Charminar, pearls and geography is now also gaining popularity for its social infrastructure and other advancements. The city is already hosting big multinationals from the Information Technology sector offering employment to millions of Indians. Hyderabad stands as the second-largest city in India with respect to the total land area and has over 200 engineering colleges in its vicinity. With its IT exports, the city ranks number two in India making it the favourite choice for Investment.

Geography, Climate and more

Hyderabad is located just 500 kilometres south from the geographical centre of the country and is blessed with bountiful nature. The city is well-connected to all the major cities of India. The social infrastructure within the city speaks for itself as of the finest in the country along with the possibility for the city to spread in all the possible directions as not blocked by seashore or state boundaries. The city hosts people from all parts of the country making it multi-lingual, multi-cultural with a variety of food, lifestyle and entertainment choices clubbed with relatively low cost of living.

Placed at 536 metres altitude on Deccan plateau, it has fairly warm weather through most parts of the year. The city witnesses moderate summers, winters and downpours making it pleasant throughout the year. To add one more feather in its hat is a rating by the industry: Hyderabad is 3rd best city globally according to LinkedIn IT Talent Survey – 2014.

Heritage, food and infrastructure

Apart from the 400-year rich history and culture, the city is also blessed with forts, palaces and museums. Not just this, the city is world-famous for its delicacy – Hyderabadi Biryani. Hyderabad is also known as the knowledge capital of India because of several acclaimed institutions such as IIT, ISB, Nalsar and more. It’s also a Hub of leading International IT giants, pharmaceutical companies, research institutes and laboratories. These make it one of the prime destinations for land for sale in Hyderabad.

 With a wide range of world-class hotels, social infrastructure and other essentials, the city stands super poised when it comes to lifestyle. Construction in Hyderabad is comparatively economical than other cities which in turn, reduces project cost for the city making it favourable for purchasing open plots for sale in Hyderabad.

Hyderabad gives away many reasons for people to love it. With constant evolution, Hyderabad is transforming better and clean. With all this, investing in Hyderabad becomes a wise choice to gain momentum in the real estate industry or to buy plots for sale in Hyderabad. At TMR Group, we ensure that your property purchase becomes something more than just a transaction. Hence, buying a piece of land with TMR as an investment can fetch you something more than just money. It would promisingly give you an experience that is matchless and priceless. It’s one of the premium gated community plots in Hyderabad. Come, plunge into an experience like never before with TMR and dream start your aspirations in your very own Hyderabad.

Hyderabad’s Upcoming Residential Neighbourhoods worth Investing in

Hyderabad’s Upcoming Residential Neighbourhoods worth Investing in

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Real estate experts regard Hyderabad as one of the most favourite investment destinations in India. Where returns are concerned, real estate markets in Hyderabad have created benchmarks. Thanks to fair policies and well established infrastructure, investors from all over the world have Hyderabad as their first choice.

A large number of property buyers in Hyderabad are investing in lands.

Compared to investment in flats, the land investment has many benefits including low initial investment, quick appreciation and higher resale value, low maintenance and so on. Land is an asset you can hand over to your next generation.

Investment opportunities in Hyderabad

Consistent growth in IT and corporate sector has transformed Hyderabad into a dream destination for young and aspiring crowd. Various commercial and IT hubs in the city are teeming with opportunities and professionals from across are availing them. This has created excellent investment opportunities in Hyderabad. 

Let’s have a look at some of the best places to invest in Hyderabad.

Shadnagar

If you are looking for one of the richly rewarding investment opportunities in Hyderabad, Shadnagar is the place. Situated in the Ranga Reddy district, it is an emerging destination with well- developed civic amenities and steady economic growth. Shadnagar is connected to NH7 and to Bengaluru, Mumbai and Vijaywada. It has great connectivity to ring road, multinational companies and renowned educational institutes. A residential plot in Shadnagar will be your long term asset.

Yadagirigutta

One of the best places to invest in Hyderabad is Yadagirigutta. Situated in Yadadri Bhuvanagiri district, this town has in store, some choicest investment opportunities in Hyderabad. You will love soothing serenity of this divine place situated near Yadadri Temple. Connectivity is good and land has a rising value. 

Shamshabad

Shamshabad is well connected to the heart of Hyderabad by the smooth and wide roads like the NH-7, Srisailam Highway, PVN Expressway, and the Outer Ring Road. It is surrounded by renowned educational institutes and is close to India’s biggest IT corridor, ITIR Zone. It houses Rajiv Gandhi International Airport and surrounding developments have a great appeal to the property buyers in Hyderabad.

Kothur

Kothur is a prominent one among the best places to invest in Hyderabad. At the heart of the city, Kothur is a fine blend of nature and urbanity. It is also a thriving industrial hub with the presence of big multinational brands. Infrastructure and lifestyle are the highlights of the area. Additional advantage of Kothur is that it is connected to Shadnagar and Shamshabad through NH7. Kothur also offers delightfully affordable investment opportunities in Hyderabad.

We at TMR Group have a wide range of lucrative, clear title plot projects in the premium areas of Hyderabad. With track record of 2 decades, we are proud to have thousands of happy customers who vouch for our quality and transparency.

Invest in Hyderabad now to reap great returns in the future

Invest in Hyderabad now to reap great returns in the future

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Real estate investment is one of the most dependable methods of securing your financial future and more often than not, it is done from the perspective of earning a profit or creating a legacy for the family. There are several factors which influence the decision when it comes to property buying. Despite that, the growth factor of a city is always a benchmark to look out while investing in land in the city.

One such city that comes out on the top in investors’ lists is the cyber-capital of India, Hyderabad. Hyderabad offers numerous advantages that work in its favour. If recent reports are to be believed as any indication of the things to come (and they are), Hyderabad would be the third fastest growing city in Asia after Bengaluru and Ho Chi Minh City. While the conventional main areas of Hyderabad may be a little congested for new investors, the fast-developing fringe areas and outskirts of the city are ripe for taking and poised for growth. Let’s look at some of the reasons why Hyderabad should be your first choice when it comes to prime investment in land:

Phenomenal infrastructure in the pipeline:

Whether it is the Outer Ring Road or the upcoming Hyderabad Metro’s green line corridor, you as the investor can rest assured that the city promises excellent infrastructure for national as well as global corporations to spread their wings. With large pharma and IT enterprises from all across the globe already settled over here, there is a large impetus for industries that are looking to shift post the worldwide pandemic and lockdown caused by Coronavirus.

Potential for workspaces of the future:

With a diverse and far-reaching set of areas connected, the potential to create futuristic workspaces is simply undeniable.  Lower occupancy costs and helpful government initiatives and encouraging brands across a wide range of sectors to put their roots down firmly in Hyderabad. The city is steadily transforming itself into a powerhouse of trade and commerce. More often than not, these futuristic office zones and complexes of MNCs will be located a little away from the city due to the availability of larger tracts of land at cheaper rates. Buying plots in such areas will prove to be highly profitable in the future.

Land regulations that boost transparency:

Before now, buying plots used to susceptible to fraudulent practices and transparency issues. But potential investors can rest assured that those days are thankfully long gone. 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 to the HDMA approved layout, or wherever applicable, DTCP approved layout.

TMR Group has a rich legacy of land development in Hyderabad, with 16 years of core expertise in plotting projects. A trusted plots developer with a long history of customer satisfaction, TMR only offers clear title gated community open residential plots for sale. The plotting projects are built on thoughtfully chosen locations across Hyderabad and Telangana to increase the potential for high returns on affordable investment. Furthermore, TMR Group is among the few leading developers that always offer plots with transparent documentation and government approved layouts. Choose TMR Group to secure your future with the right investment in land!