Tag: plots in Hyderabad

What’s the hype around plots in Hyderabad?

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Hyderabad, popularly known as the city of pearls, has become a trending location for homeowners and land investors alike. The city’s strong infrastructure, increasing job opportunities and convenient lifestyle has been the reason for the same.

There is a significant rise in the demand of residential plots in Hyderabad, making this the right time for investment. There are several factors that have led to the surge in demand:

Strong economic growth

Hyderabad is home to multiple industrial SEZs. With the rise in upcoming IT zones and manufacturing set-ups, the number of immigrants in the city has increased, creating a demand for residential properties, especially independent plots for construction.

Robust infrastructure

Hyderabad has seen a remarkable development in its infrastructure. With the expansion of roads, metro lines and easy connectivity to the airport, the accessibility to various parts of the city has been enhanced.

Changing lifestyle preferences

People these days prefer a spacious home, often customised to their specific needs. Homes built on residential plots provide the freedom to do the same, hence there is an increase in the demand for plots in Hyderabad.

Ever increasing value

Plots in Hyderabad have had a record of showing steady appreciation potential. This makes Hyderabad a lucrative investment option for profitable returns.

Why invest in plots in Hyderabad?

  • Profitable ROI 

The city’s rapid infrastructural, economic and technological growth has made it a compelling investment opportunity. With the increasing IT sectors and world-class public transport systems, Hyderabad is becoming a hotspot for residential properties. Government initiatives for  better public facilities and affordable housing policies have made home owning in Hyderabad easier for everyone.

  • Flexibility in plot usage

Plots, unlike pre-constructed houses, offer the freedom of designing your home your way. You can customise your home according to your preference, right from the layout to materials used to the interior decor. Hence residential plots give you the creative liberty to build your dream home.

  • Hedge against inflation

Preserve the value of your property with residential plots as they are often considered as a strong hedge against inflation. This not only provides financial security, but also serves as a profitable investment due to its high appreciation potential.

  • Long-term asset

Land is a limited resource; hence residential plots make for a valuable long-term asset. Plots also serve inheritance value, providing financial security for generations to come.

A residential plot is a wise investment. Do your research, consult experts for any advice and then carefully choose your plot with trusted developers like TMR Infra. Hyderabad is a great location for both living and investments alike.

Investing in plots in Hyderabad offer both long-term financial returns and customisable, convenient living. Grab your plots with TMR infra and invest in your future.

Hyderabad’s infrastructure is the secret to the surge in its Real Estate

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Hyderabad, once a sleepy city, has transformed into a bustling metropolis. A significant contributor to this transformation is the rapid development of its infrastructure. Improved connectivity, expansion of urban limits, and the rise of IT hubs have not only reshaped the city’s skyline but also its real estate market.Development of infrastructure is a critical factor in building the real estate market, where property values and demands are influenced. Private or government investment in infrastructures such as roads, transport networks, utilities, and communication networks creates an environment that is more attractive to businesses and residents alike. Improvements in infrastructure connect people, reduce travel time, and increase access to vital services, making such locations more desirable for living and investing.

Improved Connectivity: The Game Changer

The real estate boom in Hyderabad has several contributing factors, but one of the most important is connectivity. Expanded road networks, raised flyovers, and metro rails are several ways that transportation has been made hassle-free in the city. The accessibility to each and every part of the city has become easier; making workplaces, schools, and entertainment hubs at a minute’s distance. This has triggered a demand for plots on sale in Hyderabad and, especially in areas that enjoy excellent connectivity.The completion of projects like the Outer Ring Road (ORR) and the expansion of Hyderabad’s International Airport has enhanced the access to the city; thus, making commuting to various places relatively easier. Areas that were once labelled as remote and peripheral have turned out to be increasingly attractive for residential and commercial development.The extension of urban limits has led to the emergence of new neighbourhoods and townships. Localities which were actually quite far from the city centre have emerged as the new prime locations. Developers are now selling plots in Hyderabad in these expanded areas, for infrastructural advances make these regions booming business and residential hubs. The demand for a plot in Hyderabad in these newly connected areas has increased substantially as homebuyers and investors look to buy affordable homes with better infrastructure.

Urban Limits Open Up New Horizons

Hyderabad’s urban limits are expanding rapidly, while the development of IT hubs such as HITEC City and Gachibowli opens new sectors for real estate activities.These areas have attracted large multinationals as well as tech start-ups, placing Hyderabad at a prime position on the global IT and technology map. Emergence of these IT hubs have not only created thousands of job opportunities but has also generated tremendous demand for residential properties in the neighbouring localities. With an increased number of professionals relocating to the city for work, there is a rise in the demand for quality housing. Thus, sales of plots in Hyderabad have witnessed an escalated demand.
Rise of IT parks: A Global Commerce Hub
With the rise in the number of IT parks, Hyderabad as a Global Commerce Hub has further gained tremendous growth for the real estate sector. International as well as local businesses have been attracted to the city with major infrastructural developments focused on trade and commerce, including logistics parks and industrial corridors. It has raised the demand for commercial real estate, especially in office spaces and business parks, since various companies seek space for further expansion of operations in modern structures. The growth of global commerce has created a ripple effect in the residential sector, as employees moving to the city for work require housing in close proximity to their workplaces. With the IT professionals and entrepreneurs coming into the city, there has been an increasing demand for high-quality housing as well as office spaces.
Quality of Life: A Key Factor
Infrastructure development has enhanced the economic growth but also improved quality of life in Hyderabad. Placed neighbourhoods, modern amenities, and green spaces make it an attractive place for families and even individuals to improve their standard of living. In all, there is enough richness in infrastructure conditions to sustain the realty growth of Hyderabad. Better connectivity, expanded urban limits, burgeoning IT hubs, and a quality-of-life orientation have made Hyderabad an attractive destination for investments in real estate.Infrastructure development is, therefore, one of the main catalysts that enhance the area’s livability and contributes directly to the property values and demand in the real estate market.As Hyderabad continues to grow and develop, its real estate market is poised to reach new heights.This seems like the right time to invest in real estate in the city. Maybe it’s a sign for you to invest in a new home in Hyderabad.

Hyderabad’s Real Estate Market in huge demand

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As a tourist, Hyderabad will never disappoint you. The royal and rustic essence of the old city and the booming IT sector acts as a bridge between the best of both worlds.

In recent years, the city has become one of the biggest job markets of the country. It is home to some of the major IT MNCs, is the headquarters of over a thousand start-ups and is in the process of becoming the World’s Biggest Pharma city. No doubt, the charms of the pearl city have lured many to reside here.

This has in turn fuelled the residential real estate demand in the city. According to a source, the total value of properties registered during the month is Rs. 2800+ Crore, reflecting a 2 percent year on year rise.

Apartments ranging between 25 lakh to 50 lakh have seen a significant 52 percent raise in registrations till the month of June 23. Moreover, there has been an account of 18 percent registration for properties listed below 25 lakh. However, properties ranging over and above Rs. 1 crore have an account of 9 percent, till June 2023.

The demand for slightly larger homes continues post COVID, as properties ranging from 1000 to 2000 square feet have captured as much as 68 percent share of registrations in the month of June 2023.The properties between 500 and 1000 square feet have a share of 17 percent, while properties larger than 2000 square feet maintain a share of 11 percent.

The popularity of Hyderabad has extended to districts beyond the city’s periphery. Neighbouring districts like  Medchal, Malkajgiri, Rangareddy and Sangareddy have seen a rise in residential demand in recent past. These districts have a wide range of properties from budget friendly homes to extravagant apartments, which make them the top choice for home buyers looking for affordable yet luxurious options.

Districts like Medchal and Malkajgiri have emerged as the upcoming locations for investment, with an accounting share of 46 percent with regards to total sales registration, followed by Rangareddy with a 38 percent registration. Apart from the demand for apartments, the city has also witnessed a demand for residential plots, especially in gated communities.

Plots allow for customisation of homes according to your will, are easy to buy or sell, and provide high returns on your investment. Residential plots in gated communities  come with amenities that make everyday living easy and boost the value of your investment. No doubt, buyers today for lands that yield better returns in the future.

At TMR Group, we offer you a gold mine of opportunities for a prosperous future. Our gated plot community- TMR Green Meadows in Chegunta is located close to the six proposed highways and flyovers, for a seamlessly connected future. These well-developed residential plots that complement the Vaastu make the perfect choice to build your home near Hyderabad or make an investment for the future.

To know more TMR Green Meadows or TMR Group, visit https://tmrinfra.com/ today.

Hyderabad: The Top Destination for office real estate sector.

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The city of Hyderabad is known for beautiful pearl jewellery and aromatic Dum biryani, and in recent times the IT sector in the Hyderabad. No doubt, the investment in the IT sector has been a boon. For this place has become a hub for many job seekers. The constant encouragement for start-ups by initiatives like V-hub and T-hub has been a source of encouragement to young adults.

In the 1950s when the city started developing, industries such as DRDO, BHEL, HAL, and BEL paved their way for opportunities and expansion. By the 70s though, Pharma and electronic industries were established. However, the 90s experienced a change with a launch of IT industry. It is observed by experts that in the financial year 2023, Hyderabad may surpass Bengaluru in becoming the most preferred city for establishment of various companies.

Firms like Google, Apple, and Amazon have their biggest offices in the city. It is also home to thousands of startups across tech, space and pharmaceuticals. Interestingly, Hyderabad is also the Pharma capital of the country. Brands like Dr. Reddys, Aurobindo, Mankind Pharma Ltd. etc. all have their headquarters here.

The government has constantly undertaken initiatives to expand the city, by giving a boost to both real estate and start-ups. This has contributed to a hand-in-hand growth in development of Hyderabad.

The growth of industries in the city has also sparked interest in the area of development of the commercial estate. Developers are creating larger office spaces for multi-national companies and simultaneously establishing co-working spaces for start-ups, to cater to a large audience base.

According to recent reports on commercial estates, Hyderabad has offered the highest office spaces in India with accordance to 2022-2023. At the end of the quarter, it contributed a whooping 31% share in comparison to the other seven states.

It is also observed that Hyderabad’s real estate witnessed a growth of a massive 19 % growth in sales volume with over 8000+ units being sold in the first quarter of 2023.

Looking at the pace at which Hyderabad is growing, commercial and residential areas are having massive potential to expand especially in the regions that has companies established. At the same time, companies are emphasising on the work from office and hybrid working models. This has also in certain ways fuelled the demand for both commercial and residential real estate in the city.

The global recession has slowed down the growth of many industries across countries. But there’s no denying that the picture for real estate in Hyderabad was different.

An investment in land in Hyderabad, in areas like Medchal or Maheshwaram near the industrial belts of the city, will pay off generously in the future. TMR Green Meadows at Chegunta, 30 minutes away from Medchal and TMR Swiss County at Maheshwaram, mark the perfect investment opportunity for a thriving future.

To know more about TMR Group and our projects, visit https://tmrinfra.com/

The State of Affordable Housing Market in Telangana!

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The quest for a house in Hyderabad has pushed many white collared employees to the city’s outskirts recently. The local developers describe these outskirts and suburbs as “Hyderabad’s growing residential pocket.” These localities have many under-construction residential projects, which promise everything buyers like; spacious homes within desired ticket size, with a gym, multipurpose hall, club house, swimming pool, and the rest.

But these luxuries all come at a cost: The affordable housing section of Hyderabad, all are located at least 30 km away from the Hi-Tec City’s belt. Here’s why.

Developers have shifted their focus to bigger, luxurious homes; especially after the pandemic. They are only launching mega ventures which come with a base tag of around Rs 1.5 crore in the city centres.

With the pool of affordable homes shrinking rapidly, mid-segment buyers in metropolitans like Hyderabad, Pune, Bengaluru, and even Chennai are pushed to the periphery. This is a phenomenon labelled as the ‘Mumbai-fication’ of Indian cities  by industry experts.

According to a recent report released by market researchers, the share of affordable housing across the top seven Indian cities dropped to 20% during the first quarter of 2023. From the total 1.14 lakh units sold in this period, affordable housing comprised approximately 23000 units. This share was close to 40% a few years ago.

An annual proprietary study released in 2022 had also quoted Hyderabad as the most expensive city after Mumbai. The study noted that the home buying affordability level in the city has declined since 2021.

This leaves the IT and pharma professionals with average paychecks, with no other option but to opt for affordable homes. However, houses in the Rs 50 lakh-60 lakh bracket are at least 30-40 km away from city centres. Hence they are also often left in the dilemma to either commute for hours both ways or pay a fortune towards rent to stay in the city.

On a pan-India basis, affordability  of homes worsened marginally for the first time in 10 years in 2022. Affordability levels had improved even during the pandemic-impacted years of, as the government had aggressively cut policy rates to increase liquidity in the highly stressed economic environment.

Real- estate experts believe that once again the government can play an instrumental role in this. They believe that the solution to this disparity in the realty market lies in revising government policies. The need of the hour is for the state machinery to play the  role of a balancer, and not drive up land prices and make them unaffordable to people.

Despite the rise in home prices, home affordability has only marginally reduced in major cities of the country. The reduced affordability index has also been cushioned by a rise in incomes and growths in GDP. This augurs well for the industry and will help the residential market maintain its momentum.

Open plots in gated communities by TMR Group, with their Never Before Ever After Deals are the ideal investment in the peripheries of Hyderabad. While their location near NH-44 and Outer Ring Road allow easy, stress-free commute to the city, the developmental projects in the vicinity allow ample opportunities for growth. Why invest in apartments, when you can get open plots to build your dream home at the same rate?  Visit https://tmrinfra.com/ today for more details.

References:

https://timesofindia.indiatimes.com/business/india-business/what-happened-to-affordable-house-market/articleshow/99527553.cms?from=mdr
Buying home in Hyderabad most expensive in country, next only to Mumbai