Tag: Property Investment

How has the second wave impacted property pricing?

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With no real conclusion in the sight, the second wave has shaken the entire nation along with the administration. The economy of the country is being affected by the second wave and the impact of the second wave of Covid-19 has been more devastating than the first, bringing severe repercussions on the healthcare system and halting the process of recovery. With the intention of curtailing the cases, there have been localized lockdowns across most of the top cities including Hyderabad and the economic activities and demand have slowed down simultaneously affecting site visits and, therefore, sales. Unlike the last year, people are wary of going out at the current time and have avoided it to the maximum extent.

Real estate market scenario during lockdown

The Indian real estate sector is now a buyers’ market and has staged an impressive growth in 2021 but the second wave of coronavirus has imbued uncertainty and affecting the pace, resulting in a temporary pause, but the real estate sector is better prepared now and well-versed with the know-how of a pandemic and developers have been banking on digital tools and platforms. They are focusing on virtual tours and digitally-enabled marketing activities in an attempt to control the overall impact. The rapid vaccination drives have also been boosting confidence and the impact on the real-estate sector would be controlled. There is a strong potential that the real estate sector will resume its growth from the second quarter of FY 2021 and could see a steady flow of investments that will ensure growth opportunities with higher returns. The halt will be short-term and the confidence of the people will return as soon as the COVID-19 curve gets slowed. The pandemic, however, has made one thing crystal clear, that it is time to plan for the short term instead of the long term because of the blanket of uncertainty that surrounds the market.

Impact of COVID-19 on property prices

Real estate prices in some of the megacities of India have witnessed significant correction. This present scenario provides investors and buyers with an opportunity to put their money in residential real estate at a low price point. Since it is quite unlikely that the prices may undergo any further correction, this proves to be an ideal opportunity for buyers. The home loan interest rates also are at record low levels currently and housing finance is additionally available to buyers and investors at comparatively affordable prices. Some of the transactions and deals could be placed on hold due to obvious reasons. Though this is unlikely to impact the real estate sector in the long run. It is also speculated the last quarters of 2021 could be subject to inflation and during this time, a real estate investment can protect you as real estate performs well during inflation, therefore there couldn’t be a better time to invest.

At TMR Group, we present you with a wide range of plots for sale in Hyderabad as an opportunity to encash on the current economic situation effortless. Our transparent working and HMDA approved plots in Hyderabad at strategically picked locations, make it a safe haven for your investment with promising ROIs. Check out www.tmrinfra.com to know more about us and our work.

How Technology Has Helped Minimize COVID-19 Spread in Gated Communities

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In recent times, the pandemic has been surging and peaking across India and numerous cities have already started preparing for the potential third wave in spite of the existing lockdowns. There has been a major emphasis on getting vaccinated all across the news platforms and media and while there is slight control in the cities, the cases in the rural areas are reaching new heights on a day-to-day basis and due to poor infrastructure, the scenario could turn worse.

Along with the waves of the virus came to a wave of change and the definition of normal has changed in the dictionaries of many people and the only thing keeping us up with this change is the advancement of technology to guide us through this bleak time.

Significance of technology during COVID

Just imagine if COVID-19 had appeared on earth before the inception of the internet. It is a hypothetical situation that has the potential to send chills down your spine. Technology is the unstated reason why pandemic has been in control; may it be the technological advancements in medicine or the advancements in the aspect of the internet and digital platforms. During the first lockdown of the pandemic, the uncertainty of the situation had reached the minds of the public, but due to the advancements in technology and adapting to the situation, many jobs are taking place online on ICS (Interactive Communication Software).

Technology has answered all problems during this period of the pandemic and the entire world has gone digital. Online consultations have helped counter the requirement of physical presence. AI and high-performance computing have accelerated research into understanding the virus and developing targeted therapeutics to treat infection and stop transmission. Automated customer service definitely came in handy due to the implementation of physical distancing all over the world. Even while adapting to the pandemic scenario, public officials consider technology’s role and still seek opportunities to supplement and improve on traditional approaches. Online portals for vaccination have also smoothened the procedure. While there is still scope for improvement, the pandemic has highlighted technology’s importance to public health security and has definitely led to sharp improvements overall.

Technology as the key to minimizing the COVID spread in gated communities

Gated communities have access to all essentials that avoid the need for travelling to public spaces.

  • Improvement in technology has resulted in the provision of contact-less deliveries and online payments have countered the need for cash payments
  • Computerized temperature monitoring helps control the chance of infections
  • Remote working plays a significant role in the control of cases
  • Increased transparency due to the total digitization of the world
  • Innovative mobile contact tracing apps like Aarogya Setu that preserve patient privacy and civil liberties in response to public concerns while indicating the average number of infections around you have created new opportunities for privacy-sensitive technologies that aid efforts to prevent and control outbreaks
  • Management of domestic help with thorough health, checks reduce the possibility of spread
  • A total screening takes place before letting any visitors enter with the aid of thermal scanning and oxygen readings

At TMR Group, we believe that technology is what keeps the world up and running these days. Though the threats and challenges pertaining to technology are aplenty, so are the advantages and strengths. With the lockdown still in effect, TMR Group intends to spread awareness on health and safety of the people first. If you wish to know more about who we are and what we do, visit www.tmrinfra.com now.

All about the new RRR: Regional Ring Road

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Unlike the period action drama that the maker of Baahubali is making, RRR is nothing similar to what we are about to discuss. This RRR stands for Regional Ring Road – the nod for which has already been given by the Central government for Hyderabad. Let’s talk about this particular RRR in detail, shall we?

THE ORIGIN

For the last several years, the Telangana Rashtra Samithi (TRS) MPs have been representing the central government and seeking permission for Regional Ring Road (RRR). The central government had already approved in principle, for the RRR project way back in 2018, but later failed to make any further announcements on the project.

In the initial phase of the project, the union government had issued a gazette notification to commence work for 166 kilometres of the Regional Ring Road in 2017. The stretch connected Sangareddy, Toorpan and Choutuppal.

The financial viability of the project came into question by the Union Road Transport and Highways Ministry in 2019. That’s when a fresh Detailed Project Report (DPR) was called for and the Telangana government duly complied. When the report was submitted, the second phase of the project was lost in oblivion.

It was only when yet another fresh representation by the TRS delegation was made recently and the Union Minister informed the delegation that the second phase of the RRR project connecting Choutuppal, Shadnagar and Kandi has been approved.

ALL ABOUT RRR – REGIONAL RING ROAD

The overall length of the 6-lane RRR project would be 338 km while the width would be 500 feet. The state government has agreed to share at least 50% cost towards land acquisition to execute the project that’s estimated to cost about INR 13,000-crore. The land acquisition for RRR has been completed by the state government and the project is awaiting clearance from the forest department to invite tenders. The RRR is said to come up beyond the existing Outer Ring Road (ORR) and is expected to play a significant role in the economic development of Telangana.

The Regional Ring Road would be connecting Sangareddy, Narsapur, Toorpan, Gajwel, Choutuppal, Bhongir, Jagdevpur, Ibrahimpatnam, Chevella, and Shankarpalli.

TELANGANA PLANS FOR RRR

In order to boost the economic advancement of the state, the Telangana government plans to develop 50 acres within the 30 to 40-kilometre wide strip between ORR and RRR into satellite townships. The state hopes that the RRR will help uplift the infrastructure investments, employment opportunities between the circular roads and reduce congestion in Hyderabad.

It is also said that the Union Minister has given his approval for expansion of the 31.8-km Kodad-Khammam National Highway to 4 lanes under the Bharatmala Pariyojana programme. The Minister for Road Transport & Highways, Mr. Nitin Gadkari has also confidently responded to the demands for the completion of several highway projects as promised under the Andhra Pradesh Reorganisation Act.

At TMR Group, we believe that these kinds of developments not only help the state to prosper and grow economically, but they offer numerous opportunities for businesses to mutually progress along with the state as well. While we, at TMR Group, have constantly been contributing to the cause, we feel that the Regional Ring Road, just like the title and the maker of the movie suggests, would be a huge blockbuster.

Why own a plot in a gated community

Why own a plot in a gated community?

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Owning a plot is a big decision to make because we put a major chunk of our investment into it. Everyone who buys a plot definitely looks out for higher returns on any given day. Putting all these aspects under the microscope of an Indian family, the decision gets even bigger and meticulous because there are too many people in a family who influence this single decision. If it is a joint family, the process is further multiplied. Nevertheless, when the entire family decides to own a plot in a gated community as against buying an individual plot, here’s what a gated community can offer you.

HASSLE-FREE DOCUMENTATION

When you own a plot in a gated community, the best part of the whole buying process is that your documentation process is hassle-free. There are real estate consultants who help you out with all the legal terms and intricacies of the process and inform you about all the required documents. With the digitization of most of the document requirements, the process is furthermore made effortless.

YOUR INVESTMENT IS SAFE & SECURE

When you own a plot that is not in a gated community, which is individually lying somewhere on the outskirts of the city or hidden somewhere in the city, there’s comparatively a risk of encroachment. That’s yet another reason why most people opt for gated community plots. When the plot has 24×7 security systems in place, there is no risk or worry of your plot being encroached or manhandled. With the advancement of technology, there are CCTV cameras installed these days for round-the-clock surveillance.

YOU GET TO EXPERIENCE COMMUNITY LIVING

Owning a plot in a gated community has its own advantages which we are clearly stating here. Another reason why this would be a wise decision is that you and your loved ones would get to experience an integrated lifestyle. With many like-minded people owning a plot in the same township as yours, the overall experience of living close to people you like and places you love gives you a different kind of positive vibe altogether.

TRUST OF THE BRAND

There are many factors why you would choose a particular brand to own a plot in a gated community. First and foremost is trust. As mentioned earlier; with an investment of such a huge amount, you would definitely look out for someone who is trustworthy, reliable and committed to helping you. When a brand, with extensive experience in the real estate and plotting market, makes a promise that fulfills all your needs, you would certainly choose the brand and not any untitled broker. When the brand offers you clear title NA plots, you have entrusted your faith in the right place.

At TMR Group, we ensure that every customer who owns a plot in our gated community projects, gets to experience all that we have to offer. Be it for our value for money deals, or transparency in every transaction we make, TMR Group presents you with a plethora of gated community plots spread across prominent destinations at Hyderabad.