Tag: Plots in Shadnagar

Future Ready Hyderabad

Future Ready Hyderabad

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Hyderabad – the capital and largest city in the state of Telangana stands tall with its unmatched legacy. The city established by Muhammad QuliQutb Shah in the year 1591 shimmers with its stunning charminars, tantalizing food, warm people and a superrich history. Hyderabad is located 400Kms away from the center of India and has its own geographical advantages that make it one of the most important cities to have an association with. The city of Hyderabad is getting ready to host a brighter tomorrow and we are going to have a look as to what the city holds for everyone.

The Employment Hub

Cyberabad–also known as ‘HITEC’ city is a host to several multinationals and lakhs of IT working professionals. This has led to an unprecedented boom and development of social infrastructure. Cyberabad now also hosts multiple high-end restaurants, night clubs, malls and other entertainment essentials. The area is well-maintained, highly secured and has been given a unique identity of itself. By becoming an employment hub, the city also witnessed a rise in daily commute which is now being addressed by metros. The metro lifestyle has added more value to the functioning and charm of the city.

172% growth in 5 years

The commercial real estate of Hyderabad has seen a 172% growth in the last 5 years according to a report by Knight Frank India. The report also suggests that residential prices have grown by a significant 5.3% compounded annual growth rate (CAGR) in 10 years, and even during the present pandemic crises, rents continue to remain steady. Another interesting fact that grabs eyeballs is – Hyderbad jumped from a rank of sixth in 2014 to second in 2019 in terms of annual office space demand across key cities in the country.

Investments and other highlights

Telangana IT/ITeS exports observed 18% annual growth in the year 2019-2020 and contributed revenue of Rs 1.25 trillion against Rs 1.9 trillion in 2018-19. The city is the second-largest contributor to the revenue from IT exports in the country and is home to global bigwigs like Google, Amazon, Microsoft, and Facebook. Hyderabad, being the distribution hub in Telangana is also seeing increased traction in the warehousing segment. The state has already garnered an investment of Rs 25,000 crore for data centre mega projects. Recently, Flipkart opened its data centre in Hyderabad, second after Chennai, to support its core operations. In the last four years, Telangana attracted investments of over Rs 10,000 crore in the life sciences industry. To give a further boost to this industry, the state government has released the Life Sciences Policy of Telangana and launched vital projects such as Genome Valley 2.0, Hyderabad Pharma City, and Medical Devices Park in Sultanpur.

Owning land in Hyderabad

With such prospects, owning land in Hyderabad can be a truly rewarding asset. The city has no restrictions of growth as it is having limitless land to sprawl across and host a bright future. Investing in real estate is the most reliable form of investment and to strengthen your decision, is the city of Hyderabad which has the limitless potential for growth. Value appreciation of land is impressive and hence one must consider this city for wealth growth and parallel aspects.

At TMR Group, we strategically lock locations that would give high returns in all aspects. To buy and build or to invest for wealth growth, these plots are ready to serve you all that you aspire.  At TMR Group, we offer clear title residential plots across different locations in the city that are ready for growth and offer you growth for your lifetime.

Challenges and how to overcome them while buying a plot

Challenges and how to overcome them while buying a plot

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Buying land is the most preferred and most reliable form of investment when it comes to investing in the real estate industry. Also, due to the outbreak of the pandemic, demand for plotted developments has skyrocketed as self-owned homes, villas, or row houses, provide better social distancing as compared to apartments. People wishing to buy land for their personal use or as a form of investment have to be aware of certain factors that help make the process of buying simple.

Paperwork

Paperwork can be complex owing to new terms and due to indulgence in never before like experience. However, it is one of the most significant processes to ensure secure ownership of land. The very important paperwork you’ll be needing to take care of is – Title deed. This document ensures that the seller of the property has undisputed legal ownership of the land to be sold. Having a clear title helps you own a property through an authentic process. Be it agricultural land, residential plot or commercial investment plot ensuring no unclear deeds is a must. A clear title deed once received should be checked, scrutinized thoroughly and one must not accept a photocopy of the title deed. The land must be in the name of the seller and must be checked for having full rights to sell the land. One can cross-check the authenticity of the document by running a ‘title search’ on the registration website of the state government. A lawyer can be consulted to ensure the same. Another document that helps you confirm if the land has any legal dues pending is – Encumbrance certificate. One must check the encumbrance certificate for at least 30 years. A resale certificate is issued by the bank which ensures that the seller has cleared all the loans on the property. Having this certificate improves the credibility of land being debt-free.

Land use

One of the biggest risks that buyers usually face is whether they are buying agricultural land or one which is meant for residential projects. Cities often expand rapidly with no master plan and subsume the suburbs including vast agricultural lands. Agricultural lands are usually closer to the city and are priced lower which should be alarming. So, one must check with the revenue office of the zone before one chooses to sign any land deal.

Purpose and location

Different purposes of buying land set parameters for deciding the location. One panning to build a home should strategically lock a location that is near the workplace. A farmhouse or weekend getaway home can be constructed far from the city. One planning to develop the land for commercial purposes must consider hotspots in the city. Varied structures serving various purposes demand different locations and hence one should be clear with the purpose of buying land.

Transaction obstructions

Usually, circle rates do not match market rates of the area and hence land transactions may demand high cash component. This can leave you in a challenging situation as banks may not fund the entire cash required for the transaction, in case you are taking a loan to buy land.

Lack of tax benefits

Banks offer loans mainly for residential plots located within the municipal limits; even there, they offer only 70% of the total value of the land and the buyer has to arrange the rest.

At TMR Group, we uphold the value of transparency to not just have a transaction with our customers but to build an everlasting bond. We understand the significance of legal processes and hence our team ensures that each of our transactions happens through proper guidance. Even if a new buyer is not aware of the terms and functionality, our team members spell each term for them to understand and take steps accordingly to ensure seamlessness. Having premium plotting sites at Hyderabad, we have been able to establish healthy bonds with our buyers who are getting benefitted from their association with TMR Group. Come, join us and multifold your growth journey! 

Plus side of customization – Buyer’s Perspective

Plus side of customization – Buyer’s Perspective

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The ever-rising demand for homes has given real estate an unprecedented boom. Every day new developers are joining the highly competitive arena and the buyer is being offered a plethora of options for home buying. Where ready to shift homes range from 1 RK to 5 BHK’s and more, plots are making their own space in minds of people with the freedom of customization it offers. Here we are going to look at the plus side of customization for a buyer.

From the scratch

Homebuilding is an experience – an experience which is truly enticing in unique ways and also stands as a once in a lifetime event. Ready to move homes fail to offer this experience, process and hence buying a plot and building your dream holds special importance. It all starts with a piece of land. Buying a plot is the first step that a buyer aims for. However, before buying land, its location and geography must be taken into consideration. Your dream is to shape your creation the way you wish. One can plan for a big bungalow which utilizes the entire plot or one can opt for building an adequate sized house with an open area for lawn and more. As said, customization in its truest essence is a form of creation hence one can be as imaginative as possible. You get to witness the magic unfold from day one to the day of your housewarming and each day is going to bring you more joy as you see your dream being built gradually.

Customization – The structured plan

Have you been imagining your house with a swimming pool or a perfect sized play area/lawn? It’s all possible for you and your family. The very next task is finding the right architect for your dream home and placing your needs for what kind of home you imagine. A duplex, bungalow, or a specific type of architecture, details it to your architect who would help you with a plan for your home. Building a home also gives you a freehand to think till the last moment and changes can be made till the last moment which helps in keep making the place better and better. You get to choose the quality of material to be used for your home and a variety of such things. Right from what lights will embellish your home to what kind of gate will open the doors to your dreams, from choosing your favourite colour combinations to choosing your favourite pattern of roof, each and everything is decided by you which helps in uber-customization.

There are several materials which go in for constructing a home. Here are some items that require attention when building a home from scratch:

–  One has to select good quality of steel for building the framework and for building a strong foundation.

–   A buyer has to shortlist what kind of cement will be used for the construction and also will be used in the concrete. Concrete is a composite building material made from the combination of aggregate (composite) and a binder like cement.

–   Another element that goes into construction is – sand. Sand is essential for construction and having good sand helps to build a robust structure.

–   There several types of bricks used in construction in India. Some of them are – Burnt clay bricks, sand-lime bricks, concrete bricks, fly ash bricks, and firebricks.

–  When the structure is ready, one has to pay attention to what kind of wood will be used for doors, what kind of furniture will complement the theme of the house, and more.

Homebuilding is truly an alluring experience. As it is a cascade of your aspirations, keeping this checklist in mind will help in constructing a structure of stature and significance.

At TMR Group, we understand the significance of building a home and hence we strive to offer you the best always. We strategically lock prime destinations for you to not only build a home but also ensure that the value of your home sees increment with each passing year. We ensure that plots are in perfect sizes that suit your needs at the most efficient prices. Here, we just don’t sell plots, we help people with their dreams and that’s what makes us feel content with each plot that we sell. This inspiration keeps our heads high and drives us to do more with each passing day. Your dream property awaits you at a prime location in Hyderabad. Come, experience, and live the dream of building your dream home with TMR Group.

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.

How Credit Score impacts your home buying process?

How Credit Score impacts your home buying process?

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Your credit score impacts your home buying process in a big way. It is the reflection of your creditworthiness. When a bank or a financial institution appraises your loan proposal, the first thing it does is to look at your credit score. Through this score they determine whether you are qualified to get the loan or not.

What is a credit score?

A credit score is a number that is a representation of your credit history. It consists of the number of accounts you operate, total levels of your debts, repayment history, your credit card usage and so on. Your lender bank checks this credit score to evaluate whether you are capable of loan repayment or not.

How much credit is needed to buy a home?

The range of the CIBIL score is generally between 300 and 900.  You can buy a home if your minimum credit score is 580 and above. Credit score close to 900 is extremely good. Credit score below 500 is considered very poor and the banks do not grant loans to those who have such score. People with poor credit score can buy a house with conventional fixed rate mortgage scheme with higher interest rate.

How to improve your credit score?

When you are thinking of buying a home by taking a bank loan, check your credit score. If it is good your loan will be approved immediately. If not you can improve your credit score before applying for a home loan.

Here are the ways to improve your credit score

  • Keep the track of your credit report. Analyse it and identify the mistakes if any. Get them corrected.
  • Pay your credit card bills on time to be financially responsible and avoid paying extra interest. Spend within your credit limit.
  • Pay your EMIs regularly and in time. If you are defaulting on them it will reflect in your credit score and you will not be trustworthy for a home loan.
  • Focus on your home loan. If you want to take other loans such as travel, furniture postpone them.
  • Check the payment history of your co-applicants. Their credit score has to be in the correct range too.

Of course there is no need to panic if your credit score is low. Raise it up with timely payments before you apply for a home loan. This will make your home buying process hassle free and delightful.