Tag: Land For Sale

Hyderabad – an investment haven for NRI’s

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A Non-Residential Indian (NRI) is described as someone who is resident outside India with Indian citizenship or is of Indian Origin. The legal definition is explained under the Foreign Exchange Management Act 1999, “Someone who resides outside India for, employment, carrying on business or vocation in circumstances as would indicate an intention to stay outside India for an indefinite period”. It also says that an individual will also be considered NRI if his/her stay in India has been less than 182 days during the preceding financial year.

Hyderabad as an Investment Hub

The Land of Nawabs has a 400-year-old history and culture and is one of the most rapidly growing modern cities in India. The overall infrastructure and connectivity have evolved exponentially over the past 10 years. Improvement in the framework of the city has made a noteworthy impact in the favor of real-estate developments making it an ideal spot for local and foreign investments.

The important factor to consider before making the investment is the fact that Hyderabad is the centre of upgraded residential infrastructure, less costly housing and upcoming possibilities in the housing and industrial sectors. Besides, Hyderabad is likewise celebrated for its wealthy culture, appropriate general of residing and happening, humming social life. Hyderabad is now acknowledged globally because of the heightened political balance and the authorities’ recognition at the development leading to big-leagues like Deloitte, Accenture, Wipro, Tech Mahindra, Infosys, Amazon, Apple, and so forth are simply among the few pan-India and global significant businesses which have their workplaces here.

NRI buyers are intrigued to invest in India, through a more simplified format of engagement along with trustworthy developers and properties that are registered under RERA.

Why NRI’s Prefer Investing in Hyderabad

As an NRI, making an investment in India, the transaction made is in INR or Indian Rupees. The price difference between the American Dollar and Pound Sterling is massive in comparison to Rupees, and if applied wisely, this may be used for your very own benefit.

This clearly offers an experience of delight to carry influx into the Indian economic system whilst making an investment in a belongings to help you earn sales in the foreseeable future. This may even assist to stabilize the Indian market, which in flip will assist your advantage price.


Many NRI’s are considering residing in India. They would really like to expand their profession with start-ups primarily based totally out of India or release their very own start-up and lots of them look forward to settling in Hyderabad, with their families.

NRIs can put money into actual property in India and may nevertheless control to shop tax like an everyday Indian resident. Tax deduction on domestic loans on precept compensation and hobby issue may be claimed with the aid of using the NRIs. Apart from this, for belongings bought after years from the date of purchase, earnings so earned at the capital advantage are exempted from the earnings tax.

TMR Group presents a plethora of opportunities for NRIs to invest in NA plots in and around Hyderabad with multiple projects that suit their needs. Be it for residential or commercial purpose, open plots by TMR Group in Hyderabad makes it an ideal choice. If you are an NRI and are looking to invest in the best plots in Hyderabad, your search ends here.

First Time Property Buyers’ Checklist

First Time Property Buyers’ Checklist

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Buying a property could be the one primary reason most people work and save for in the greater part of their lifetime. It provides the people with a sense of safety and stability. Most people are looking to buy properties these days instead of renting or leasing because the real-estate market is a constantly growing market, rebounding its way back from the hit it took due to the pandemic and also renting and leasing are for a short term and the return on investment isn’t as substantial in comparison to buying as the value of the property increases gradually.

Challenges faced by first time buyers

People consider renting over buying a property over a few reasons. Firstly, it gives them a feeling of having lower liabilities. Paying a rent of 10,000 to 12,000 for a property that costs around 50-60 Lakh seems to be much affordable than paying an EMI of around 25,000-30,000 per month for the same property. Basically, it all boils down to affordability of the project.

Buying a home was seen as a status symbol by those born in the duration of 1950s and 1980s. Millennials, on the other hand, consider saving that amount to fund their overseas trip, buying a new car or a flashy phone.

Before renting a property, a number of formalities must be taken into consideration such as depositing a security amount and signing an agreement with various clauses including increase of rent by a certain percentage after every year or depending on the owner. The concept of leasing and renting is only for limited period of time and considering how the pandemic impacted the tenants who moved away for the lockdown but still had to keep paying rent for all the months they were away and the rents have increased all over, whether it maybe commercial or residential. The commercial real-estate market was one of the worst struck markets as many projects that had to be paused due to the sudden pandemic resulted in cancellations of pre-existing deals all leading to heavy losses for the builders, hence the market is ready for new buyers and many builders have introduced interesting offers to indicate so.  

Tips for the First-time buyers

  • Decide the kind of property you are willing to buy
  • Decide and stick to a budget for the investment you are ready to make
  • Determine the location you want your property to be in
  • To choose between hiring real-estate agents and using different real-estate websites
  • Choose a reputed builder
  • Visit the project site for a tour to understand it better
  • Try and negotiate the price to your budget, if required
  • Get a thorough appraisal
  • Close the sale

 

At TMR Group, we offer a wide range of NA plots for you to choose from. These plots are equipped with state-of-the-art amenities and are located in a gated community which offer 24×7 security. The plots are also strategically located in prime destinations so that you get good returns on your investment. So, if you are a first-time buyer and need to shortlist on a property, TMR Group would be an ideal place to start.

Essential financial tips to know before investing in land for sale

Essential financial tips to know before investing in land for sale

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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!