Tag: RERA approved plots

Does location play an important role in buying a plot?

Does location play an important role in buying a plot?

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Buying a plot and investing in land can be seen as the culmination of one’s dreams of creating a legacy for the future generations. In addition to being an important asset that adds to our finances, a plot gives us a great holiday home for the entire family to experience peace and serenity in. Hyderabad is steadily transforming itself into a powerhouse of trade and commerce, constantly pushing its boundaries and redefining the suburbs. As the city expands, it is creating a wide range of opportunities for investing in land in the peripheral regions of Hyderabad and Telangana. As new places are opening up for investment, the question arises – does location play an important role in buying a plot? The answer is YES of course! Let’s look at some of the important reasons why choosing the right location plays such a crucial role.

Easy accessibility:

Buying a plot is done from the perspective of building a financial asset. But investing in land needs careful consideration of several factors which may affect the value of your investment. One of these factors is accessibility. It is true that most of the plotting projects are located in the outskirts of the main city where land is easily available at affordable rates. But does the location and the land that you wish to invest in have the right transportation facilities to and from the city? A lack of good transportation facilities can create a lot of difficulties in the future. The plot that you invest in should provide easy access to the bus and railway station nearby. Additionally, it should also be connected to the important main roads so that travelling to these plots isn’t an issue.

Proper infrastructure:

The location that you choose to invest in should be equipped with all the infrastructural facilities required for a modern lifestyle. A dependable supply of water and electricity are a must as we cannot imagine a life without them in this day and age. Other pre-requisites for good infrastructure include paved roads, the existence of schools and colleges i.e. educational institutions, or at least the possibility of them being built in the future, medical facilities nearby, shops and convenience stores – the list goes on! It is acceptable even if these infrastructural facilities are in their developmental stages, as this shows that there is potential for progress.

Commercial zones:

The location that you decide upon should also be situated such that they provide unhindered access to commercial or business hubs of importance. This is important because you may wish to live in the plot that you have bought or even rent it out for additional income. In such a scenario, there should be an availability of work opportunities to look forward to. This helps your plot gain more value and proximity to business or commercial zones also increases the scope for growth and development.

Due to these aforementioned factors, location proves to be one of the most important aspects that will decide the appreciation of your plot in the future and the ROI that you will earn from it. If you looking for a gated community open residential plot to invest in, TMR Group offers a wide variety of upcoming locations that hot the potential for great returns on minimum investment. With RERA approved plots for sale, TMR has earned the trust of its consumers over the past 16 years and has maintained consistent transparency to become one of the most reliable real estate developers in Hyderabad.

Amendments made by Telangana government on illegal plot layout are a boon to plot buyers

Amendments made by Telangana government on illegal plot layout are a boon to plot buyers

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Hyderabad has been an important city of India, historically, culturally and commercially as well. The wide range of opportunities that one can experience in the cyber-capital of the country are limitless. As such, the city attracts individuals from not just the state but also the entire country who come here to work as well as settle down. While the main areas of the city are now getting congested due to widespread development, the outskirts are showing great promise in terms of land availability, prices and long-term value.

We all harbour hopes of owning piece of land that we can call home and retreat into during our twilight years. Owning land brings with itself numerous advantages as an asset. Land ownership promises great returns in the future, but investing in land also comes with its own set of challenges. Merely owning any piece of land is not enough. For better returns and complete satisfaction, it is essential that you own 100% clear title gated community open plots created by reputed and trusted developers.

While fraudulent practices had by and large given a bad name to the practice of buying plots, the amendments done by Telangana government are a ray of sunshine for buyers that are looking forward to investing in plots. Look out for these two important factors that will protect your interests as a plot buyer and owner:

Government approved layout:

The thing to note is that in case of municipalities and municipal corporations in HMDA limits, the HMDA will regularise the plots and in case of other municipalities and corporations in other areas, the Director of Town and Country Planning (DTCP) will regularise but the applications have to be submitted to the respective civic bodies. 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 the HDMA approved layout.

Clear documentation

The Telangana Government has recently taken a major step towards stopping the sale of properties without necessary approvals. This means that before purchasing a residential plot, you must take into consideration the background and history of the builder, verify all the documents and find out if the land is under any litigation issues or not. As discussed earlier, Layout Compliance is extremely important as well so transparent documentation and a legacy of customer satisfaction is necessary while choosing the right plotting developer. You need to ensure that you have the right 7/12 extract.  The 7/12 extract is important because it serves as a proof of the land title. It can be used to check any previous conflicts associated with the property. This is another reason why buying a plot from a reliable plotting project developer instead of an individual is more advisable as it simplifies the process and smoothens out the hassles in documentation.

If you are looking forward to invest in land in Hyderabad & Telangana, TMR Group can help you achieve your goals of prosperity with the best plotting projects. Rooted in 16 years of trust, transparency and ultimate customer satisfaction, our projects have helped our ever-growing customer base enjoy amazing returns on affordable investment. With RERA & HDMA Approved projects featuring DTCP Approved Layout, our fully clear title plots at prime locations in Hyderabad & Telangana are your opportunity to rise with your land, your prosperity.

Land - the flexible and safest investment deal in 2020

Land – the flexible and safest investment deal in 2020

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Achieving your future financial planning goals is a long term process and there are several ways in which you can build assets. One tried and tested avenue which generally yields good results is investing in real estate. But even in field of real estate investment, there are different categories such as Residential Apartments, Commercial Spaces and NA Plots, among others. While investing in each category has its pros and cons, investment in plots can be seen as probably the most flexible one of them all. Read on to find out how!

FLEXIBLE USAGE

While there are certain limitations on what you can do with a residential property or a commercial property, plotting properties offer great flexibility. You can develop your plot according to your aspirations or hold on to it for better appreciation – the choice is yours. Moreover, you can also rent your land for commercial enterprises. Thus, land gives you the benefit of all the three types of real estate investment.

YOUR RETIREMENT HOME

Since the piece of land you own can be used at your own discretion, you need not be in a hurry to develop it or sell it off. Land, being a scarce resource in terms of ownership, provides the advantage of great appreciation in the long term. But as you progress in life setting milestones, you can even create your dream retirement home according your own aesthetics… something that literally becomes the talk of the town! But exaggeration aside, your dream retirement home can actually become an excellent legacy to be passed down to the younger generations.

GOOD LOCATIONS PROVIDE GREAT RETURNS

Choosing a great location to invest in land will give you a financial edge in the future. Plotting projects are generally situated in the outskirts of a booming city, where larger tracts of land are freely available. But deciding the right location to invest in can have a tremendously positive impact on your returns. Buy a plot where foreseeable development is possible in the future and the area offers great civic infrastructure. Buying the right piece of land at the right time is also crucial.

MORE FREEDOM, MORE OPPORTUNITIES

Some investment methods can be quite restrictive but with your own land, it’s a different story altogether.  So long as you are following the local government policies and norms, the land is yours to use as you please. So for example, if you are using your some specific purpose but find another one that would generate more income; you can switch effortlessly, provided that you seek and acquire the relevant permissions. Additionally, if you want to sell some of it off and keep the rest it’s yours to do so.

NET WORTH DIVERSIFICATION

Investing in land is one of the best methods to diversify your net worth. Complementing your other sources of income and asset generation, land can contribute significantly through rent or appreciation. Having a diverse investment portfolio is better for your overall financial security. Having different sources of income is a great way to help secure your future, regardless of what the markets are doing.

Hyderabad has emerged as one of the prominent cities for real estate investment in India. TMR Infra is the most trust name in the real estate of Hyderabad, with a legacy of more than 16 years of excellence. TMR strives to keep promises by maintaining proper transparency in documents of plotting projects and provides RERA approved and ‘DTCP approved layout’ land for sale. Make a solid investment in land that will serve as a legacy for your future generations!

The importance of legal documentation while buying plots

THE IMPORTANCE OF LEGAL DOCUMENTATION WHILE BUYING PLOTS

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Imagine waking up to the sounds of birds chirping as gentle rays of the sun brighten your cozy little garden. You sit with your family enjoying a morning breakfast in your very own sit-out. All of this is possible only when you own a plot, and that’s why it is often considered a dream investment. Buying a plot is also an emotional investment. Owning a piece of land has several long term benefits from a returns perspective. But at the same time, buying a plot of land calls for a higher degree of precaution as the legal documentation is a little different from that of buying a residential property. This increases the risk of duplicity and in some cases, even fraud. The best way to safeguard oneself against such unfortunate occurrences is the ‘7/12 extract’. It is document that provides complete information about a land property including details like:

  • Name of the owner
  • Survey number of the land
  • Size of the land
  • Type of the land – N/A or not
  • Location of the land with respect to infrastructure facilities like water bodies and roads
  • Loan extended to the land owner

The 7/12 extract is important because it serves as a proof of the land title. It can be used to check any previous conflicts associated with the property. Buying a plot from a reliable plotting project developer instead of an individual is more advisable as it simplifies the process and smoothens out the hassles. In case you are buying a plot from an individual, it is important to check if the property is free from any litigation or not. Even in such cases, the ‘7/12 extract’ comes handy as the Court may require the land record proofs in case of any civil litigation and the document is also useful for sale transaction at Sub-registrar’s office. The document can be availed from the revenue department of the government against a nominal fee. In case of mutation (transfer of ownership) the document is to be submitted with the name of the new owner. Transfer of property title is done through sale deed.

In addition, if the owner wants to raise a loan from the bank, 7/12 extract is essential. Thus from a buyer’s perspective, it is imperative to scrutinize the documentation with a fine-toothed comb to avoid any hassles at later stages. Another factor is the availability of good infrastructure and easy accessibility. Buying a plot within a plotting project gives you the benefit of well planned basic infrastructure such as paved roads, electricity and recreational amenities as well. Even a large plot bought cheap would be difficult to develop and live in if these basic requirements are not fulfilled. Buying a plot that is RERA Approved or HDMA Approved where applicable, usually solves your basic governmental clearance issues. When it comes to certain parts of Hyderabad, having a DTCP approved layout is always preferred as it comes with a host of infrastructural advantages. That’s why you should always go for a plotting project that offers both RERA Approved plots and a DTCP Approved Layout.

If you are looking forward to invest in land in Hyderabad & Telangana, TMR Group can help you achieve your goals of prosperity with the best plotting projects. Rooted in 16 years of trust, transparency and ultimate customer satisfaction, our projects have helped our ever-growing customer base enjoy amazing returns on affordable investment. With RERA & HDMA Approved projects featuring DTCP Approved Layout, our fully clear title plots at prime locations in Hyderabad & Telangana are your opportunity to rise with your land, your prosperity.

5 things to remember while purchasing plot

5 things to remember while purchasing a plot

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It is said that creation always retains certain characteristics of its creator. This applies to each one of us and not just great masters like Michelangelo and Picasso.  So our every creation no matter how trivial, recites a story behind its making. Now when it comes to building a home or owning land, your property should speak out not just your aesthetics, but you ethos as well. That’s why prior planning is preferable when you are about to invest in land.

Building home is a journey of who you are, what you want, how you want to live and where you want to be. Investing in land is a big decision to make and a clear vision can help in making it possible. The house and its interior should reflect your personalities, desires, behaviors through every impression. Moreover, it is a process of closely watching the transformation of dreams into a concrete figure of aspiration. So in home building or investing in residential properties, the goal setting is a big requirement that should satisfy both – your left and right brain as well!

At their core, all deals of real estate and even decisions like buying plots are made with the vision of returns. Plot purchasing and investment in land is known to ensure heavy value appreciation.

Here are the 5 things to remember while purchasing a plot for sale.

1. Set goals. 

Before taking any big decision, you need to ask yourself many questions yourself regarding investment in the plot for sale. Why, where, and what will this cost, is it within your budget? Keep a backup plan ready! After calculating and comparing all the parameters find an ideal plotting project for yourself. Constructing a new home for yourself is all about setting goals and taking the steps to achieve those goals. 

2. Draw out a budget pattern- 

Setting up a budget is the first thing, as it is the ultimate responsibility to take care of. While making your budget, of course, you’ll begin with what you can afford, and how the cost of your house fits in with your overall plans for the future. When you’re ready to get down to details, include everything like the cost of land, local fees and taxes, design and engineering fees, construction of not just the home but the landscape, plus furniture and decorating.

3. Investment in land with good infrastructure:- 

After all, space on its own is not enough to lead a good life; to make a space more sustainable we require services like electricity, water supply, and basic infrastructure facilities so that there won’t be any problem while staying.

4. Assemble a team. 

Never go simply by recommendation, hire your own trusted experts. It is the largest investment of your life so cross-check with the market professionals for logistics. An architect and a lawyer are going to be your most important team members. These people will act as a guide, therapist, advocate, and counselor throughout the journey.

5. Enjoy the experience!

 It is your place to be creative so plan something that can add value to your life for generations. Decide the color of paint, the study area and its distance from the drawing and dining room. Your villa is a physical manifestation of your cherished aspirations. TMR, one of the most trusted names in the real estate industry of Hyderabad, helps to make it true! Widely recognized for converting barren land into the best gated communities of Hyderabad with clear title plots and transparent documentation, TMR strives to make your life happy and flourishing by offering minimum investment and maximum returns! Buy RERA approved plots in the buzzing peripheries of Hyderabad, and begin your investment journey of prosperity!