What you need to know before relocating

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Reasons for relocating to a new place can be many. To make it one of the best moves, one must consider several points that make moving to a new place easy and worthwhile. Here in this blog, we are going to throw some light on aspects that can make you shift swiftly.

Getting Familiar through Research

Shifting to a new place is a toiling task. And living in an unknown place can be more pounding. Before relocating to a new location, one must thoroughly research the surroundings like – stores, malls, medical facilities, connectivity and more. Knowing the existence of such facets can help in more swift functionality when you move into a new space. Such preparation would help you save time and energy and would also help you keep focused on carrying out different essentials.

Measuring the time period

When relocating to a new place, one must chalk out for how long one plans to stay in that particular place. Having that done, it gets easier to plan properly for the given tenure. Having a long-term plan of staying at a place helps you develop a sense of belonging. One can gel with neighbours, try to customise the space, build something new and do so much more. The time period for one’s stay is an essential touchpoint that influences various other factors.

Best time to shift

One must properly assess the best time to shift to a particular home. As it changes the area of your current residence, various other elements play an important role. A new region can have a different climate as compared to the existing space where one is residing. These factors seem very minor but have a great impact on your experience and the lifestyle you would aspire to lead. Studying these touchpoints and then making a move would be more benefitting than just planning at random and trying to execute them.

Cost Estimation

Moving to a new place involves additional cost. Firstly, it’s about assigning packers and movers who can effectively pack all your belongings and transport them to your newly selected home. The process is time-consuming and at times, highly confusing with a lot of things to be shifted and rearranged to a new place. One must map all the costs that would be coming your way when planning to relocate. Also, one has to properly calculate the deposit, maintenance and other such charges. Having a proper map of such essentials, help in carrying out such processes with ease and comfort.

Eliminating the junk

There can be various items which would be of no use at the new place of residence. One must try to do a property tour to the new place and assess what material can stand insignificant there (as mentioned in the earlier blog). Such items should be omitted from transportation in turn saving your time, energy and extra cost it includes. Lack of storage space also can make you throw some items which were a right fit at your previous residence. These items should also be discarded from transportation.

At TMR Group, we make sure all these points are checked. When you visit the site to assess the plot, all the parameters such as location, amenities, cost, etc. are taken care of so that you get a value for money deal and your choice to relocate to a new location is justified. TMR Group offers you a plethora of options to choose from across various prime locations in Hyderabad. So, if you are planning to relocate to the City of Pearls, you better make a gem of a choice.

Property Tours in today’s time

Property tours in today’s time

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A property tour is usually done for the purpose of visiting, inspecting, and assessing the property. Property tours help in assessing and authenticating a property in person. There are several benefits of doing a property tour before making a deal. It’s the first and foremost parameter for any kind of property buying and hence it should be considered every time you long for buying any residential or commercial property. In this blog, we are going to have a look at what really makes property tours so significant. 

Helps you compare

While buying any kind of residential or commercial property, one usually considers a variety of other options before locking any particular property. The highly competitive real estate market has a variety of options to offer in a given budget window. Hence, property tours help in assessing a property physically. The size, shape, material used, built and other such aspects can be thoroughly inspected in person when one decides to buy a property. 

Authenticity

A property tour also helps one authenticate the existence of a property at the promised location. It also helps the buyer to know the builder who is offering the property and also helps build a bond of trust between themselves. At times, things differ or are completely different than what is projected in the image or website. Having a property tour makes one eliminate all the doubts and also helps one compare every aspect that is being promised with a particular residential or commercial property. Doing a property tour also helps one see, register construction activity on the project site through which one can also measure or assess the pace, and other details of the project. Also, authenticity in terms of the project’s documentations, are quite necessary to evaluate while you are on a property tour.

Vibe/Vastu

You won’t wish for an awful entrance that leads you to a luxurious apartment. Doing a property tour helps you assess every element of the property thoroughly. The roads that lead you to your dream property, the location, the entrance gate of the property, accessibility, surroundings of the property, hurdles, and all such criterions can be rightly scrutinized when one longs to buy a new commercial or residential property. Apart from this, each location/property carries an aura, a vibe that makes you feel at ease or gives you that portion of solace that you would want to cherish for the rest of your lifetime. And to experience such an element, visiting a property in person or to say doing a property tour helps a lot. Call it vibe or vastu, people do believe in the energy that a particular place carries. If the individual believes to own a vastu-compliant project, making sure of it can only happen by visiting the property site personally. 

Virtual Reality (VR)

Since the outbreak of the pandemic, Virtual Reality (VR) has received an unprecedented response in the real estate industry. Technologies such as VR are helping developers tap their target audience online and make them experience the property through virtual walkthroughs and more. Property plans are created in 3D are mounted onto a technology platform that helps buyers access is it from any part of the world. Buyers are able to visit properties without even stepping out of their homes. However, VR has certain disadvantages when compared to property tours in physical. VR is developing at a never seen before pace but still has not been able to match what the real experience or real walkthroughs offer. Also, as said, experiencing the vibe of a place is not really possible through virtual reality technology. Attempts are being made to include a wholesome experience for such virtual tours and maybe in the future, these VR tours would get closer to what real property tours offer. 

At TMR Group, we make sure that every individual who visits our property ticks off all the parameters that help them make their buying process simpler. With a wide range of properties ranging from residential to commercial to gated community projects, when people visit TMR Group for property tours, they are in for a ride (pun intended).

Dynamics of land appreciation

Dynamics of land appreciation

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Owning a wealth asset is good, but owning a real estate asset is great. Out of various investment options, real estate investment is considered to be the most reliable form of investment. An essential point for this consideration is the security it offers. Over time, land value is set to gain a rise helping you possess an asset that promises returns like no other. In this blog, we are going to have a look at what factors affect land appreciation and such.

Land – The asset of worth

Every year, property rates surge higher owing to high demand and other essential factors. The ever-increasing population in India sets the need for space in terms of residential and commercial, all across the nation. The rise in property rates depends on various factors that influence the upsurge.

 The location of land plays the most vital role in influencing prices. Any property located at a prime destination holds more value and offers more returns as compared to other properties. Property closer to the city makes the land costlier.

Social Infrastructure near any property increases the value of the land. Places like educational institutions, hospitals, sports, and recreation are considered under social infrastructures that add value to everyday lifestyle. And hence, the presence of such things near a land helps gain more value.

Malls, shopping centers, multiplexes, and other entertainment zones also influence property rates. Such factors add more to lifestyle and hence it affects land appreciation. Reselling of such assets also attract heavy returns.

The presence of transportation services like – metro, bus stations, well-constructed roads highly affects the land rates. Everyday commute demands essentials for going to and fro and hence these aspects influence real estate rates. 

Green cover or water bodies like lakes or rivers also influence the property rates. Such natural bodies offer healthful experiences and hence such lands hold significant value. Such properties are usually sued for weekend getaways, farmhouses, or other such factors.

When the government announces construction of new roadways, airports, ports, or other such amenities, people wish to stay closer to such projects which add value to everyday living and hence demand land near such proposed projects go high.

When one plans to buy land as an investment, picking the right property to invest in is the key to getting better returns. Considering these aspects before buying a piece of land would help in making a better deal to buy a home or for wealth growth. At TMR Group, we analyze and choose strategic locations to help our clients acquire nothing but the best. Our plots at prime destinations in Hyderabad are clear title residential plots for you to invest in or buy a home. With several advantages, these plots promise to deliver you the best returns in the future. Connect with TMR Group to start your dream journey and possess an asset of real worth and value. 

Future Ready Hyderabad

Future Ready Hyderabad

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Hyderabad – the capital and largest city in the state of Telangana stands tall with its unmatched legacy. The city established by Muhammad QuliQutb Shah in the year 1591 shimmers with its stunning charminars, tantalizing food, warm people and a superrich history. Hyderabad is located 400Kms away from the center of India and has its own geographical advantages that make it one of the most important cities to have an association with. The city of Hyderabad is getting ready to host a brighter tomorrow and we are going to have a look as to what the city holds for everyone.

The Employment Hub

Cyberabad–also known as ‘HITEC’ city is a host to several multinationals and lakhs of IT working professionals. This has led to an unprecedented boom and development of social infrastructure. Cyberabad now also hosts multiple high-end restaurants, night clubs, malls and other entertainment essentials. The area is well-maintained, highly secured and has been given a unique identity of itself. By becoming an employment hub, the city also witnessed a rise in daily commute which is now being addressed by metros. The metro lifestyle has added more value to the functioning and charm of the city.

172% growth in 5 years

The commercial real estate of Hyderabad has seen a 172% growth in the last 5 years according to a report by Knight Frank India. The report also suggests that residential prices have grown by a significant 5.3% compounded annual growth rate (CAGR) in 10 years, and even during the present pandemic crises, rents continue to remain steady. Another interesting fact that grabs eyeballs is – Hyderbad jumped from a rank of sixth in 2014 to second in 2019 in terms of annual office space demand across key cities in the country.

Investments and other highlights

Telangana IT/ITeS exports observed 18% annual growth in the year 2019-2020 and contributed revenue of Rs 1.25 trillion against Rs 1.9 trillion in 2018-19. The city is the second-largest contributor to the revenue from IT exports in the country and is home to global bigwigs like Google, Amazon, Microsoft, and Facebook. Hyderabad, being the distribution hub in Telangana is also seeing increased traction in the warehousing segment. The state has already garnered an investment of Rs 25,000 crore for data centre mega projects. Recently, Flipkart opened its data centre in Hyderabad, second after Chennai, to support its core operations. In the last four years, Telangana attracted investments of over Rs 10,000 crore in the life sciences industry. To give a further boost to this industry, the state government has released the Life Sciences Policy of Telangana and launched vital projects such as Genome Valley 2.0, Hyderabad Pharma City, and Medical Devices Park in Sultanpur.

Owning land in Hyderabad

With such prospects, owning land in Hyderabad can be a truly rewarding asset. The city has no restrictions of growth as it is having limitless land to sprawl across and host a bright future. Investing in real estate is the most reliable form of investment and to strengthen your decision, is the city of Hyderabad which has the limitless potential for growth. Value appreciation of land is impressive and hence one must consider this city for wealth growth and parallel aspects.

At TMR Group, we strategically lock locations that would give high returns in all aspects. To buy and build or to invest for wealth growth, these plots are ready to serve you all that you aspire.  At TMR Group, we offer clear title residential plots across different locations in the city that are ready for growth and offer you growth for your lifetime.

Challenges and how to overcome them while buying a plot

Challenges and how to overcome them while buying a plot

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Buying land is the most preferred and most reliable form of investment when it comes to investing in the real estate industry. Also, due to the outbreak of the pandemic, demand for plotted developments has skyrocketed as self-owned homes, villas, or row houses, provide better social distancing as compared to apartments. People wishing to buy land for their personal use or as a form of investment have to be aware of certain factors that help make the process of buying simple.

Paperwork

Paperwork can be complex owing to new terms and due to indulgence in never before like experience. However, it is one of the most significant processes to ensure secure ownership of land. The very important paperwork you’ll be needing to take care of is – Title deed. This document ensures that the seller of the property has undisputed legal ownership of the land to be sold. Having a clear title helps you own a property through an authentic process. Be it agricultural land, residential plot or commercial investment plot ensuring no unclear deeds is a must. A clear title deed once received should be checked, scrutinized thoroughly and one must not accept a photocopy of the title deed. The land must be in the name of the seller and must be checked for having full rights to sell the land. One can cross-check the authenticity of the document by running a ‘title search’ on the registration website of the state government. A lawyer can be consulted to ensure the same. Another document that helps you confirm if the land has any legal dues pending is – Encumbrance certificate. One must check the encumbrance certificate for at least 30 years. A resale certificate is issued by the bank which ensures that the seller has cleared all the loans on the property. Having this certificate improves the credibility of land being debt-free.

Land use

One of the biggest risks that buyers usually face is whether they are buying agricultural land or one which is meant for residential projects. Cities often expand rapidly with no master plan and subsume the suburbs including vast agricultural lands. Agricultural lands are usually closer to the city and are priced lower which should be alarming. So, one must check with the revenue office of the zone before one chooses to sign any land deal.

Purpose and location

Different purposes of buying land set parameters for deciding the location. One panning to build a home should strategically lock a location that is near the workplace. A farmhouse or weekend getaway home can be constructed far from the city. One planning to develop the land for commercial purposes must consider hotspots in the city. Varied structures serving various purposes demand different locations and hence one should be clear with the purpose of buying land.

Transaction obstructions

Usually, circle rates do not match market rates of the area and hence land transactions may demand high cash component. This can leave you in a challenging situation as banks may not fund the entire cash required for the transaction, in case you are taking a loan to buy land.

Lack of tax benefits

Banks offer loans mainly for residential plots located within the municipal limits; even there, they offer only 70% of the total value of the land and the buyer has to arrange the rest.

At TMR Group, we uphold the value of transparency to not just have a transaction with our customers but to build an everlasting bond. We understand the significance of legal processes and hence our team ensures that each of our transactions happens through proper guidance. Even if a new buyer is not aware of the terms and functionality, our team members spell each term for them to understand and take steps accordingly to ensure seamlessness. Having premium plotting sites at Hyderabad, we have been able to establish healthy bonds with our buyers who are getting benefitted from their association with TMR Group. Come, join us and multifold your growth journey!