Tag: Residential 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.

3 mistakes to avoid while buying a plot

3 mistakes to avoid while buying a plot

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Buying a plot is one of the most important decisions that we make in our lifetime, as it involves careful consideration of a wide range of factors. Investing in land has several benefits which can be experienced in the short-term and the long-term as well. As Hyderabad grows and expands its boundaries, the city’s outskirts promise numerous opportunities for procuring your very own residential plot. But one has to ensure that they avoid these 3 very critical mistakes while buying a plot to avoid disappointment and regret in the future.

Choosing the wrong location to save money:

Doing adequate research while looking for a residential plot to buy is extremely important. After all, investing in land is an endeavour towards securing a prosperous future. Plotting projects can be situated across the state in a variety of locations. Some locations may feature plotting projects that cost much less than other location that popular and highly desirable. You need to zero down on a location keeping in mind factors like excellent civic infrastructure, proximity to local transport alternatives such as trains or buses, and scope for development in the future. It’s factors like these that decide the appreciation of your plot and the returns that you get in the future.

Buying a plot from an unreliable source:

Once you have decided upon a location that is the most suitable for you, the next important task is to look for a reliable and trusted developer that has clear title residential open plots for sale. This is very important because with a trusted developer of plots, you can rest assured that you will not become the target of fraudulent land selling practices. Another major reason why you should only prefer a trusted plotting property developer is the documentation. Without transparent and clear documentation, your plot may be vulnerable to a deceitful sale that may further result in tedious legal hassles.

Choosing a plot without the government approved layout:

The recent amendments made by the Telangana government are a boon to prospective plot buyers as they effectively streamline the process and reduce the possibility of a spurious land sale. Additionally, the new reforms are much stricter on the aspect of government approved layout. That’s why its essential to choose a plotting project that offers a HDMA approved or DTCP approved layout, depending on the area and locality. This ensures that your plot will be properly demarcated and will have the necessary infrastructure for facilities like water, electricity and so on.

TMR Group has a rich legacy of land development in Hyderabad, with 16 years of core expertise in plotting projects. A trusted plots developer with a long history of customer satisfaction, TMR only offers clear title gated community open residential plots for sale. The plotting projects are built on thoughtfully chosen locations across Hyderabad and Telangana to increase the potential for high returns on affordable investment. Furthermore, TMR Group is among the few leading developers that always offer plots with transparent documentation and government approved layouts. Choose TMR Group to secure your future with the right investment in land!

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.

Hyderabad - the hub of gated community open plots

Hyderabad – the hub of gated community open plots

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As the cyber capital of India, Hyderabad has carved a niche for itself with its technological progress. Attracting a wide range of skilled professionals and individuals from every sector, Hyderabad is growing in leaps and bounds, constantly pushing its boundaries and redefining the suburbs. This rapid urbanisation is also creating a uniquely new demand – the desire for land that you can call your own. The city is now developing a new identity as the emerging hub of gated community open plots in the outskirts of the main areas. Read on to find out why this trend is catching up fast and how you too can benefit from it!

Growth Factor:

Hyderabad is steadily transforming itself into a powerhouse of trade and commerce. Having proven its expertise in the IT industry, the city is attracting global giants from diverse sectors such as automobiles, pharma and more. More often than not, the industrial complexes of these MNCs are located a little away from the city due to the availability of larger tracts of land at cheaper rates. For a majority of the workforce employed in such complexes, travelling every day from the city can be a difficult proposition. A gated community can serve as the perfect option for such individuals and their families.

Serenity:

While the main areas of the city are now experiencing traffic woes and congestion due to sporadic development and haphazard planning, the outskirts are offering you the space to breathe. As the city expands, these erstwhile fringe areas are now getting the advantage of proper infrastructure and civic facilities. But that’s not all – the outskirts of the city offer peace and serenity of nature to balance the rapid progress. The lack of pollution is a blessing for those seeking to escape the commotion of the city yet stay to it.

Great Returns:

This would probably serve as the biggest driving factor for investing in a gated community open plot in and around Hyderabad. Since owning land is a great way to secure and build fruitful assets for the future, the fast-developing areas around the Hyderabad International Airport as well as the Outer Ring Road are becoming prime investment hot-spots. But simply owning any piece of land is not enough. ROI increases with the availability of great infrastructure and civic amenities like provision for water, electricity etc.

That’s where TMR Group steps in to make your land investment dreams come true. With over 16 years of expertise in developing premier plotting projects, TMR Group offers the best gated community open plots for sale in some of the most sought-after areas of Hyderabad. TMR Group specialises in clear title open plots that offer HDMA approved layout, which is essential for better returns in the future. Moreover, plots by TMR Group are RERA approved so resale in the future is never an issue. Invest in clear title residential plots with TMR Group to create an unforgettable legacy for the future and watch your returns grow!

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!