Tag: DTCP approved layout

How is DTCP different from HMDA?

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You might have heard of these terms – DTCP & HMDA, everywhere whenever you encountered a real estate consultant. Why do they sound so similar? What’s the difference anyway? This blog will elaborate on the details as to why there are two distinct regulatory authorities overlooking the same field (pun, intended).

Let’s begin with knowing what they actually mean – DTCP stands for Directorate of Town and Country Planning, and HMDA stands for Hyderabad Metropolitan Development Authority.

Director of Town and Country Planning

The primary duties and functions of the Director of Town and Country Planning can be bifurcated into three categories – technical statutory functions, technical non-statutory functions and advisory functions.

Technical statutory functions:

  • DTCP prepares General Town Planning Schemes (Master Plans)
  • It is also responsible for the preparation of Indicative Land Use Plans (Mandal Master Plans)
  • DTCP gives all the technical approval of layouts and buildings plans (Group Housing), commercial complexes
  • DTCP is responsible for the preparation and approval of the different type of designs for community and public buildings
  • DTCP approves all sorts of technical clearance of installations (Industries), and road development plans
  • It provides NOC for cinema theatres / multiplexes

Technical non-statuary functions:

  • DTCP is responsible for the allocation of IDSMT funds. The scheme is no longer available as it was already closed in 2005 and the work of approved components are in progress.
  • DTCP sanctions approval of designs for public and community buildings and also suggest variations to the sanctioned master plans

Advisory functions:

DTCP is Advisor to Urban Development Authorities, Telangana Housing Board, Telangana Industrial Infrastructure Corporation, Telangana Pollution Control Board, Telangana Swagruha Housing Corporation and Government on planning matters. It also advises on the selection of sites and services of Municipal Councils.

DTCP overall has certain rules similar to HMDA. Now let’s have a look at the primary roles of HMDA.

Hyderabad Metropolitan Development Authority

The purpose behind which HMDA was set up was basically for planning, coordination, supervising, promoting and securing the planned development of the Hyderabad Metropolitan Region.

The development activities of the municipal corporations, municipalities and other local authorities, the Hyderabad Metropolitan Water Supply & Sewerage Board, the Telangana Transmission Corporation, the Telangana Industrial Infrastructure Corporation, the Telangana State Road Transport Corporation and other such bodies are coordinated by HMDA. Here are some of the many primary roles of the Hyderabad Metropolitan Development Authority.

  • HMDA basically prepares the entire plan for the Metropolitan city. It undertakes the preparation of metropolitan development and investment plan, revision of the plan and prioritizes its implementation.
  • It maintains and manages the Hyderabad Metropolitan Development Fund and allocate finances based on the plans and programmes of the local bodies for undertaking Development of amenities and infrastructure facilities
  • HMDA also monitors and exercises financial control over the budgetary allocations concerning development works made through it to the various public agencies, local bodies and other agencies
  • HMDA creates and manages the Hyderabad Metropolitan Land Development Bank and takes up land acquisition every year as may be necessary for various public uses, township development, infrastructure development, etc.
  • It approves the land acquisition programmes /proposals of the local authorities, other departments and functional agencies in the metropolitan region
  • HMDA acquires any movable or immovable property by purchase, exchange, gift, lease, mortgage, negotiated settlement, or by any other means permissible under any law

TMR Group is proud to have a wide range of plots in Hyderabad approved by both DTCP and HMDA so that our customers can invest in our property without any worries and strongly reinforce the trust factor in the customers. When they get to invest in a plot that gives them a sense of reliability and transparency that TMR Group has to offer, we get inspired to serve even better.

Source:

  1. http://dtcp.telangana.gov.in
  2. https://www.hmda.gov.in
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.

Land – An efficient investment.

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The land is always an integral part of our life. We are born and brought up in it, and when we take a walk back the memory lane… it is the space we return to! So the living space plays a deep role in our life. It consists of infinite emotional as well as economical benefits. Having a shelter is the primary need of every being for its survival irrespective of demographic and geographic conditions, as it protects us and gives us a sense of security. Moreover, owning land also brings you pride and prestige! 

Our grandfathers have always advised us about investing in land and explained the importance of having your own space, and it rings true even in this day and age! Land possesses immense value and that valuation appreciates over time. Before getting into the discussion we have to figure out what is an investment? – An investment is an asset that is acquired with the vision of income generation and appreciation. 

Why do we invest? – Majorly, the investment is made with the goal of risk management, as it is difficult to keep your hard earn in a liquid form especially in current market scenario. For investment purposes, real estate investment is known as the best and fruitful investment option. It is widely proven that plot as an investment is one of the safest options, as land rarely loses its value. While it is also prudent to build assets in deposits, mutual funds, bonds, and equity as well, plots definitely offer a good diversification to your investment portfolio.

Read on to know more about the advantages of owning land –

It’s a scarce resource-

Unlike many other things, no one is going to make land any more, and the availability of this resource is limited in amount. The growth of buildings, industries, and urbanization needs an immense amount of land for development and its presence is limited in amount, which makes it more attractive and valuable.

Less maintenance, more earning:-

Having a plot provides peace of mind and less responsibility with zero setup cost. The beauty of the land is zero maintenance, luxury of personalization and freedom from forced investments. The most lucrative part of the whole deal is that it enhances and appreciates its value. 

Flexible Capital with high returns:- 

Land is considered a long-living investment, unlike other residential and commercial properties that don’t retain its value after 10 – 15 years. It is not necessary to have a concrete goal of building a house or any shop in your land. It is totally fine if you have no plans, you can buy a plot and hold on to it too! 

Buy Low, Sell High

Be it any kind of industry, they need land to start, expand and to flourish. Land is the medium from where it starts and ends too! So it’s better to invest in something that is safe, high yielding and requires less maintenance or other charges. The most thriving quality about plots for sale is the great resale value, you can easily expect a good gain as compared to the price you bought. 

Leasing is the best option for income generation – Leasing property is the most substantial and convenient scheme for earning through your property and a little enhancement can add more value to your asset. Leasing provides definite monthly or quarterly income. Vacant land has several applications for renting out – storage, parking, a commercial unit or anything that you think is profitable. The most amazing things are the freedom and luxury to play with your own property. You can then take these funds and flip them into a new property to build up your real estate portfolio.

Hyderabad has emerged as one of the most prominent cities for real estate investment in India. TMR Infra is the most trust name in real estate of Hyderabad, having successfully revamped the face of the outskirts by transforming barren land into gated communities.

TMR strives to keep promises by maintaining proper transparency in documents of plotting projects and by providing plots that are RERA approved and feature DTCP approved layout. TMR is creating wonders by offering the most sought after plots for sale with grand returns! Make a solid investment that will last forever with TMR Group!