Ways to avoid “House Flipping”

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Owning a property can be a tricky affair. With the number of documentation processes, legal processes and property-related processes, a commoner is bound to end up being confused about the overall phenomenon. It’s not only related to an individual who is interested in buying a property, but it also happens with most of the investors who tend to make some of the most common mistakes while buying a property. One of those common mistakes is “House Flipping”. No, it doesn’t mean the individual flip the house upside down. That would be a literal translation of the phrase.

Decoding the term ‘House Flipping’ for a layman would be – buying a property with an intention to resell and make profits, and not for personal use. This article would tell you how one can avoid those mistakes of ‘House Flipping’.

Avoid paying too much money for the materials: While we feel that contractors do not use the money paid to them for buying quality materials, you end up buying them yourselves without having a proper understanding of the details about the materials. This results in excessive expenses.

Avoid buying a super-expensive property: We might feel that buying an expensive property would fetch us even bigger returns, but there are too many variable factors that need to be considered and this move can backfire critically.

Avoid buying a property that you are not well aware of: If you are not well-versed with the location, with the developer or the audience profile of that particular place, it is best to leave it to the experts or consult one before buying. Jumping into the dark can only leave you either feeling adventurous or in a loss.

Avoid adding cheap properties to your cart: Assuming that properties that are cheap or inexpensive always end up burning more holes in your pocket than actually expensive ones. Usually, inexpensive properties cost less because of several factors such as the size of the property, developer (if they are new in the market), competitive pricing to penetrate the market and so on. Such decisions on buying property need to be made wisely.

Avoid paying for extra help: Sometimes we feel that we need to consult more than one expert if we are buying a property that has a huge potential for returns. We add consultants, brokers, resale property owners and so on. The phrase – too many cooks spoil the broth, holds well in this condition.

To avoid common mistakes of ‘House Flipping’ like these, one can often approach an expert in the business and stick to one who is reliable, trustworthy and has a deep understanding of the know-how in the industry.

At TMR Group, we are proud to have a dedicated team of experts who can guide you to own a property that would fetch you potential returns and help you grow. TMR Green Meadows at Chegunta is one such project where you can invest in a 50 acres gated community that’s close to the proposed Regional Ring Road and has seamless connectivity to NH44 & AH43. India’s one of the biggest upcoming furniture SEZ is about to mark its presence in Chegunta and the location is soon set to become the Tourism Hub of Hyderabad. If you wish to know more about us, visit www.tmrinfra.com

Factors that affect Property Valuation!

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Hyderabad is a city that has seen many highs and lows in its time. When it comes to property investment, The City of Nawabs seems to be riding the high tide with joy. Hyderabad is soon gaining its due popularity as one of the most sought-after destinations for investment and is potentially transforming itself into an upcoming commercial and investment hub. Why do you ask? The property rates in the vicinity are appreciating due to several factors that we would be discussing in this article. These are the touchpoints (rather turning points) that are quite significant in changing the investment landscape of Hyderabad. Speaking of property valuation, these factors play quite a significant role in altering the course of a customer’s action. Let’s explore these factors one by one.

Skyrocketing Infrastructure Development

One of the primary reasons for anybody to even consider investing in a particular property in Hyderabad would be the rising number of infrastructure developments happening in the city. Be it for the proposed Regional Ring Road that’s gaining more popularity as RRR than the actual movie, or be it for the upcoming furniture SEZ that’s deemed to be one of the largest in the country, the exponential growth in Hyderabad is certainly attracting some of the biggest names in the industry.

All in all, infrastructure development is a pivotal element in price appreciation. When these developments offer seamless connectivity, hassle-free transport, well-built roads, etc., these factors will indeed prove to be growth promoters to the property value.

Expanding Amenities & Offerings

The property developers have realized the fact that providing basic facilities to customers won’t be enough. These days, developers cut corners (figuratively) in the name of cost-cutting and end up compromising on a lot more. That’s the reason, even developers these days are investing heavily in delivering unique experiences to customers by offering a plethora of amenities and discounts.

For instance, suppose a property is not offering a parking space, the value of that property will differ from the one that offers a parking space.

Government Rules & Regulations

The amount of changes in the policies that keep happening in the industry also impacts the property valuation. When the borrowing cost is cheaper, it certainly brings more buyers to the market and creates even larger demand and impacts the appreciation equally.

Also, discounts in stamp duty rates, circle rates, income tax benefits, GST rates, income tax benefits, etc., impact the demand of the property directly.

Population

The most obvious factor that impacts property valuation is the ever-increasing population. Higher the number of people in the city, the higher the need for housing and homes.

At TMR Group, we offer the best residential open plots at TMR Green Meadows in Chegunta. With the project close to the proposed Regional Ring Road and proposed airport and Nizamabad, these plots are developed in 50 acres gated community and are equipped with the latest state-of-the-art amenities and facilities. It’s the ideal place for you to invest and grow with TMR. Come, take the first-mover’s advantage and witness Hyderabad flourish into the future investment hub. Visit hyderabadplots.tmrinfra.com to know more.

Why invest in Chegunta?

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In recent days, Hyderabad has been at the epicenter of several staggering developments in terms of growing social infrastructure, roads and highways and much more. Since the inception of Telangana as a state, these developments have always been on the upper side and Regional Ring Road (RRR) has been the main attraction or the talking point. RRR has been initiated to connect Hyderabad with several other districts in the state. According to some latest updates, Hyderabad is set to kick-start a 340-km long RRR project under the Bharatmala Pariyojana. The current plan is under Phase 1 and as many as 17 national highways including the NH44, NH65, NH163 and NH765 are set to connect various districts and towns in Telangana.

Since the inception of RRR, there have been a plethora of developments emerging in and around it. Here are a few highlights of the prestigious RRR project:

  • The project spans across 340-km distance
  • The estimated cost of the RRR project is reported to be around INR 17,000 crore
  • The northern part of the project ranges around 158 km while the southern part ranges about 182 km
  • The project covers areas such as Narsapur, Toopran, Gajwel, Yadadri (or Yadagirigutta), Pragnapur, Bhongir, Choutuppal, Ibrahimpatnam, Kandakur and Amangal to name a few

Chegunta – An upcoming opportunities hub

With a 1-hour driving distance from Hyderabad, Chegunta – a town in the Medak district, is set to be the next prominent destination when it comes to temple tourism, commercial and residential property developments. Chegunta is geared up to lead a flourishing future with the land value being appreciated at an incredible rate.

There’s a huge untouched market potential for food processing industries at Chegunta which the government has identified in the Medak district. With abundant accessibility to a multitude of agricultural produce, which acts as raw material for the food processing industries, these units, in turn, are bound to create a wide range of employment opportunities in the district.

Chegunta – A paradise for travelers & explorers

From the tourism perspective, Medak, Hyderabad, Bidar, Warangal (Orugallu), Nagarjunsagar are some of the important cities that are tourists’ favourite. Chegunta is also known for many other spiritual and historical attractions.

Pocharam Wildlife Sanctuary is a forest and wildlife sanctuary named for the nearby Pocharam Lake.

Medak Cathedral sees over the Diocese of Medak, the single largest diocese in Asia.

Medak Fort is a popular tourist attraction. The fort was originally constructed by the Kakatiya kings and later developed by the Qutb Shahi kings.

Kuchadri Venkateshwara Swamy Temple at Kuchanpally is a nearby Hindu worship place.

At TMR Group, our most renowned project, TMR Green Meadows at Chegunta is located close to the proposed Regional Ring Road, where the developments and opportunities to prosper are aplenty. Also, these 50 acres gated community plots are located on NH44 & AH43 where your investment is meant to grow by leaps and bounds in years. With such a profitable project up for grabs, you have a golden opportunity to grow with TMR. If you wish to know more about our project in Chegunta, visit www.tmrinfra.com or hyderabadplots.tmrinfra.com

A profitable investment destination: Green Meadows, Chegunta!

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From being the culturally rich city of Nawabs to one of the prominent and globally recognized cities of the world, Hyderabad indeed has had a long and fruitful journey with its best days still up ahead. Home to the second-largest Information and Technology SEZ in India, several Fortune 500 companies have found the ever-growing development of Hyderabad quite nutritious. Owing to this tremendous growth in Hyderabad, the neighbouring cities and towns underwent a surge of developments making it a potential gold mine for profitable investments. Ever since the pandemic, people have begun setting some money aside because of the uncertainty that stays as long as COVID-19 is around. With a need for safe and profitable investments that safeguard the future of their family and is an asset that brings financial, investing in the plots in Hyderabad and around Hyderabad became a popular option.

Profitable Investment Destination: Chegunta

Chegunta is an up-and-coming town in the well-connected district of Medak. It is seamlessly connected to the rest of Telangana through National Highway-44 and Asian Highway-43 and its located quite close to major cities Hyderabad, Nizamabad, Kamareddy, etc. with only a 30-minute drive to the Outer Ring Road and 5 min drive from proposed Regional Ring Road. Chegunta is home to beautiful weather throughout the year and is a pollution-free environment which has created an agrarian industry here. Greenery is abundant, and Chegunta accommodates several good schools and colleges in its proximity. The biggest advantage of Chegunta is that it is close to Hyderabad, and all cities around Hyderabad are undergoing a surge of developments.

Investing in the plots in Hyderabad is a great investment opportunity as the growth in and around Hyderabad plays a major role in the appreciation of real estate prices. This makes the cities around Hyderabad a great spot for profitable returns. The Government of Telangana has discovered the huge untapped potential for establishing industries related to food processing. There is abundant availability of several kinds of agricultural produce, which acts as raw material for the food processing industries. These units, in turn, would create employment opportunities in the district, and as the industries grow, the value of land is bound to appreciate to unimaginable heights. This massive scope for development is the prime reason why Chegunta has incredible potential for profitable investments.

Green Meadows: Your Personal Investment Haven

Thoughtfully placed in Chegunta for its beautiful atmosphere and great potential for development, TMR Green Meadows can truly accommodate a beautiful life for you and your loved ones. TMR Green Meadows is home to systematically developed plots that incorporate everything you need for a peaceful stay and a profitable investment. The well-built gated community has quality amenities that add significantly to your investment and offer you a hassle-free way of life. TMR Green Meadows offers 20+ amenities of unmatched quality that brighten future ROIs. Provision of an overhead water tank and underground water supply adds to the list of profitable amenities. The 40 Feet Wide Black Top Roads ensure proper distancing in the gated community. What makes TMR Green Meadows an ideal choice to buy residential plots is its perfect location. Owning a plot at TMR Green Meadows can prove to be an ideal investment choice because the district can be transformed from a purely agrarian economy to an agrarian and industrial economy.

At TMR Group, we aim to build profitable investment opportunities for our customers. With the added advantage of seamless connectivity to major highways, Chegunta is certainly leading towards a flourishing future with the land value being appreciated at an incredible rate. Book your plot today in the future avenue of potential opportunities at TMR Green Meadows, Chegunta. Visit www.tmrinfra.com to know more about us and our work. You can also book a free site visit at any of our projects so feel free to do so!

Why buy a plot in a gated community at Chegunta?

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Investments these days have become quite targeted. People are hardly willing to invest in anything that poses a high-risk factor. Since the pandemic, the expenditure patterns of most have changed completely. A vast majority of people have cut down on their miscellaneous expenditures and have focused on saving. This is all due to the uncertainty that COVID-19 brought along with itself. The ever-evolving city of Hyderabad has transformed into a hub of futuristic developments. Owing to the enormous progress in all sectors of the economy including IT and Pharma, Hyderabad indeed is looking towards a bright future. These developments have created a tremendously strong job market which is the sole reason for several migrations from all over the globe. This inflow was directly proportional to the demand for good real estate options and the demand grew. The surge of developments throughout the city led to further development of neighbouring locales and towns, creating a potential gold mine for real estate investors.

Gated Community Plots: The Future of Investments

Gated communities are one of the safest and fastest-growing lifestyle options all over the world due to the level of convenience they offer. Investing in gated community plots is profitable for many reasons.

  • They have quality amenities that offer higher returns in the future while providing an exceptionally convenient life
  • Due to the rising demand for private living, people prefer gated communities as their option for investments
  • Maintenance is much lower due to shared expenses and saves a lot of money
  • Gated communities are systematically developed and hence, are likely to appreciate much quicker than under-developed projects
  • Owing to the amplified level of convenience gated communities offer with essentials all around, it boosts the appreciation on your investment
  • Gated communities have a better quality of development which appreciates the value of the land
  • Rentals in gated communities will be higher than normal because of the abundant availability of everything you would ever need

Buying a Gated Community Plot at Chegunta

Chegunta is an up-and-coming town in the well-connected district of Medak. It is connected to the rest of Telangana through NH-44 and AH-43, and its located quite close to major cities Hyderabad, Nizamabad, Kamareddy, etc. with only a 30-minute drive to the Outer Ring Road. Chegunta is home to beautiful weather throughout the year and is a pollution-free environment which has created an agrarian industry here. Greenery is abundant and Chegunta accommodates several good schools and colleges in its proximity.

The Government of Telangana has discovered the huge untapped potential for establishing industries related to food processing. There is abundant availability of several kinds of agricultural produce, which acts as raw material for the food processing industries. These units, in turn, would create employment opportunities in the district, and as the industries grow, the value of land is bound to appreciate to unimaginable heights. This massive scope for development is the prime reason why Chegunta has incredible potential for profitable investments.

At TMR Group, our focus lies in creating safe and profitable investment opportunities for everyone, even during this uncertain time. We assure utmost transparency in the procedure and prioritize the quality of development. Chegunta is a thoughtfully picked location owing to its tremendous potential for development in the near future, making it a gold mine for investors! The weather here is beautiful throughout the year, and the atmosphere is pollution-free. It is a lovely place to live in and make the most of its growth with hassle-free returns on your investment. Visit www.tmrinfra.com to know more about us. You can easily book a site visit through our website and check out the project that interests you.