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Open Plots in Hyderabad

Hyderabad Ranks Above Mumbai & New Delhi As The Most Livable City

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For the sixth time in a row, Hyderabad has been ranked the Most Livable City in the Country. The city of pearls has balanced its old world charm and evolved to progress and retain the crown of being the best Indian city that offers top-notch quality of life.

The global consulting firm Mercer, released its Quality of Living rankings last week. This data assesses the practicalities of daily life for expatriate employees and their families across cities worldwide.  The index is based on parameters such as climate, disease and sanitation standards, schools and education, violence and crime rates, physical remoteness, ease of communication, and the socio-political environment of the city. 

For the last five years in a row, Mercer’s Quality of Living report has crowned Hyderabad as the best city to live, in India. The position is contributed to the numerous favourable attributes of the city. Investments in economic and public infrastructure, the availability of a variety of consumables and medical supplies, a large human resources pool, comprising of international and local talent, and many other factors ensured Hyderabad stays firmly glued to the top spot.

The key factors that contribute to this top rank include stability, healthcare, education, infrastructure, quality of life and a thriving socio-cultural environment. The presence of a world-class international airport, air quality, optimal green spaces, an established IT hub that houses global giants, high prospects for job opportunities, and top-notch private educational institutions, makes Hyderabad most livable city. 

With a ranking of 153, Hyderabad has surpassed other Indian cities in Mercer’s Quality of Living City Ranking for 2023.  It is followed by Pune at number 154 and Bengaluru at 156, Chennai at 161, Mumbai at 164 and Kolkata at 170.  

Hyderabad’s ranking reiterates the city’s emergence as a major hub in the country. The standard of living offered by the city, thanks to its affordability, comfortable living environment, and notably lower pollution levels, makes it the preferred choice of people from all over the country. 

TMR Group offers opportunities for a thriving lifestyle in the city of Hyderabad. Our range of DTCP approved plots across the city, ensure you embark of life that’s embraced by high standards and profits. To know more about the group and opportunities for investment, visit https://tmrinfra.com/ 

Reasons Why You Should Invest in Real Estate Before Elections

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As the City of Pearls heats up with conversations about elections, you might wonder about the prospects of your future, and how the elections could affect your investment decisions. While elections may result in uncertainty, they are a viable and potentially lucrative season for investing in real estate. In this blog post, let’s explore the key reasons why you pursue plot investments in Hyderabad during this season of elections.

  • The Early Bird Advantage

Real estate typically reacts to changes in the city’s landscape. The industry usually does well when things seem steady. Before elections, the landscape may be a little volatile and sellers may be eager to get agreements done before elections. This may help you get a favourable purchase. 

  • The Impact of Politics on Real Estate

Election outcomes tend to significantly affect real estate in any region. While the victory of the ruling party victory ensures continuity in ongoing projects, there may be temporary delays if others come to power. Investing before elections is advantageous for buyers, as prices often rise post-election. 

Additionally, governments often implement new policies to stimulate economic growth after election results. This can further propel the real estate sector. Hence, aligning your real estate investments with the election cycle can be a strategic move for profits and success.

  •  Infrastructure Boost

Elections often bring commitments of economic growth and enhanced infrastructure. Investing before elections allows you to benefit from these promised improvements in infrastructure, transportation, and amenities. The development of new roads, public transport, and utility services can increase property values and bring good RoI.

Real estate remains a solid investment option, regardless of the political climate and market situation. So, don’t let these upcoming elections discourage you from exploring investment opportunities in your city. Plots by TMR Group at TMR Green Meadows in Chegunta offer the ideal investment opportunity for the future. To know more about the plots, visit https://tmrinfra.com/ 

Plots: The ideal Investment for the Festive Season

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It’s Diwali. The season  of lights, joy, togetherness, and investments. Undoubtedly, most purchases, such as gold or electronics lose value over time. This festive season, how about buying an asset that appreciates in value and brings profitable returns? What? Plots!  

A safe bet for investment

Plots are a less volatile investment option compared to gold, apartments and other assets. They are less unpredictable, and offer more stability in pricing. The cost of maintaining a plot is also lesser than a constructed property, and does not involve additional maintenance.

Appropriate appreciation

Assets like gold or electronics tend to lose their value over time. Plots on the other hand, appreciate in value. 

Buying a land parcel in outer areas of metro cities such as Hyderabad is a lucrative option for those looking to invest in their homes or building homes in the future.

Finite Asset, infinite discounts 

One of the biggest advantages of plots is that it is a finite resource. There is only a limited amount of plotted land available for ownership, and therefore owners can be certain that their investment will constantly be in demand. As a result, the price will continue to appreciate.

Developers are offering festive discounts worth lakhs, along with other incentives during this season.  Additionally, financing options and reduced interest rates offered by financial institutions, work in favour of the investor. That is why purchasing a plot during this season makes it a sweet package deal. 

This festive season, invest in plots that guarantee thriving returns in the future. TMR Group offers gated community open plots peppered with a plethora of amenities for your comfort and convenience. To know more about our group and projects,https://tmrinfra.com/ 

TMR: Hyderabad residential property registrations witness a monumental high

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Hyderabad, the city of the Nizams and the pearls, has witnessed tremendous growth in terms of real estate expansion in recent years. As a thriving IT hub today, the city has expanded its horizons to accommodate the dreams of several people who now call it home. No doubt, this has translated to a surge in real estate demand, both for residential and commercial places.

While the real estate sector in many other cities continues to pick up momentum in the aftermath of the pandemic, Hyderabad has witnessed a monumental high in terms of its residential property registrations. The industry recorded a 30% YoY rise in property registrations in September 2023, compared to the September 2022 season, according to market researchers and industry experts.

Figures state that the total value of properties registered during the month stood at a whopping Rs. 3,378 crore. This figure too has increased by 42% YoY, thus highlighting the trend of the sale of more expensive homes.

The Hyderabad residential market is made up of four districts – Hyderabad, Rangareddy Medchal-Malkajgiri, and Sangareddy.

According to the report, the highest proportion of property registrations in Hyderabad in September 2023 was in the price range of Rs. 25 – 50 lakh. It accounted for about 51% of the total registrations. At the same time, properties priced below Rs. 25 lakhs constituted for about 15% of the total registrations, whilst the share of sales registrations for properties priced Rs. 1 crore and above was 9%.

Majority of these properties registered belong to the range of 1,000-2,000 sq ft, as this category of home size accounted for about 71% of registrations. The registrations for smaller homes (500-1,000 sq. ft.) however fell to 14% during September 2023, from 16% in September 2022. On the other hand, properties larger than 2,000 sq. ft., witnessed an increase in demand, as registrations rose to 11% during September 2023, from 9% in September 2022.

District wise, Medchal-Malkajgiri secured the top position with 45% home sales registrations, while Rangareddy district followed closely with 41% sales registrations. Interestingly, Hyderabad district accounted for just 14% of the total registrations in September 2023. The report also highlights that a large concentration of bulk transactions were for plush properties, which were bigger in size and offered better facilities and amenities.

Following the development activity in the city, developers in Hyderabad have prioritized the launch of larger units and independent homes, to give the market a further boost.

At TMR Group, we offer gated community open plots to build the homes of your dreams. Our vaastu compliant plots with amenities and profitable returns assure you of a flourishing future. TMR Green Meadows at Chegunta, in Medchal, and TMR Swiss County at Maheshwaram in Rangareddy offer prospects for a thriving future. To know more about these projects, visit  https://tmrinfra.com/

All you need to know about DTCP approval

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DTCP stands for Directorate of Town and Country Planning. It is a government body that works in planning and regulating rural and urban infrastructural growth. They oversee the areas that come under their jurisdiction.

It is essential to obtain DTCP approval and without it, the developer might face legal repercussions.

On gaining the DTCP approval, developers can build gated communities and villas for their customers.

The importance of DTCP approval

Many people like to customise their homes and hence opt for open residential plots. This is where DTCP approval comes into play.

DTCP approval refers to the entire layout of the open plot that is approved by the state. Developers and builders have to obtain this approval to ensure that their work is carried out according to the rules and regulations of DTCP.

All layout plans have to be approved and agreed upon by DTCP before starting the construction process on the open plots. This is mandatory for all states and they must have such a separate government body.

The eligibility and criteria for DTCP approval in Telangana

Here are some of the documents necessary for the application process.

  • -Proof of ownership of the land
  • -Layout plan or building plan
  • -No objection certificate (NOC) from the concerned authorities
  • -Survey sketch of the land
  • -Soil test report
  • -Structural stability certificate from a registered structural engineer.
  • -Registered architect’s plan
  • -Building permit fee receipt
  • -Any other document as per the government’s norm

It can take up to 90 days to gain the council’s approval for the project. After which, you will receive an approval letter for the property layout.

Advantages of DTCP approval

There are various benefits of DTCP approved plots. For instance:

No legal issues

You are free of any legal hindrances after obtaining the DTCP approval. No one will interfere in the property development and everything can go smoothly.

Safety Compliance

The rules and regulations of DTCP approval compel builders to comply with safety guidelines. The design or layout along with road size and other infrastructure specifications have to be built to ensure maximum safety and security.

Ample amenities

The DTCP approval involves inclusion of well-built wide internal roads, sufficient spaces between two buildings and open space for parks or playgrounds. There is immense scope to equip the real estate projects with good amenities that assure a comfortable lifestyle to people.

At TMR Group, we offer a range of plots that are DTCP approved and RERA registered that comply with the state’s rules and regulations. To know more visit https://tmrinfra.com/