Plots: The ideal Investment for the Festive Season

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

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/

Five Vaastu tips to buy residential plots

Vaastu Shastra is an ancient system of architecture based on old texts that describe the layout, measurement, design, alignment, preparation of land, spatial arrangement of various structures along with ways to integrate them with nature. Each aspect has a benefit and is considered to be auspicious.

While building a house or buying a home, it is important to choose a land that is considered pious. For this, we must understand the energy fields on Earth and its effect on the positioning of the land. Different types of energies emit powers that have an impact on our homes.

Here are five tips to keep in mind before purchasing a Vaastu compliant plot.

Shape of the land

Before buying a home, it is crucial to ensure the right shape of the plot. It is recommended that the chosen plot be either square or rectangular. Alternatively, a land that is wide in front and narrower at the rear is also beneficial, which is Cow shaped or Gaumukhi.

These plot shapes are considered to bring prosperity and more happiness to the owners. Hence, building homes on these plots is considered auspicious. Triangular, circular or plots with more than four sides are not favourable. These irregular-shaped go against the Vaastu principles and can be disastrous for the homebuyers.

Direction of plots

It is said that the directions are associated with different energies that affect people and their living experiences. Each direction has hidden magnetic energies and vibrations that people cannot see but sense as they start living.

According to Vaastu principles, the plots that face the Northeast direction bring immense luck and positivity to homeowners. As this direction is linked to wealth and joy. These principles are heavily influenced by the existence of the Sun in our lives. Even mild warmth is sufficient for our sustenance. Hence it is essential to gain maximum energy. So, the properties facing North and East are considered the most pious.

Plots facing Southwest, Northwest and Southeast are considered to bring bad luck and must be avoided at all times.

You can consult a Vaastu expert who will determine the geographically strategic location for your next home.

Roads around the plot

The roads leading to the plot or around them also must be Vaastu compliant. The position of these roads can have a significant impact on the living experience.

Plots with roads approaching from all four directions are considered to be the most ideal for residents. These plots are said to be well-balanced, inviting prosperity. Whereas, residence with three sides approaching roads is more favourable than two sides as there could be a potential energy block.

These land parcels with a road from the Southern direction are most unfavourable as per Vaastu principles. A road approaching from the North is considered to be the most ideal and emits positive energies. Roads from East, West & South are least beneficial and cause negative energy.

Soil quality

A good foundation for the home is necessary for a home owner’s well-being.

It is said that red, brown and yellow soil are favourable for the base of the home. These soils are also good for cultivation where one can grow fruits and medicinal plants, these are auspicious for the residents. Black soil, clay, or sandy soil create a weak foundation hence must be avoided for building plots.

Water test

As per Vaastu, the ground indicates positive energy of the home.

At the Northeast corner of the plot dig a pit and pour water. Wait for around three minutes, and if the pit holds water then it is considered to be auspicious. If the ground soaks water leaving less residue then that plot must be avoided. A clockwise movement of the plot indicates it is a good sign to buy the plot and it adds to the quality of the land. However, an anti-clockwise movement is said to be highly negative, increasing the probability of misfortune.

Green Meadows by TMR Group is 50 acres gated community project of spacious residential plots in Chegunta. These plots are 100% vaastu compliant built to bring immense luck, happiness and prosperity to the residents.

To know more head to https://tmrinfra.com/

Hyderabad: The Top Destination for office real estate sector.

The city of Hyderabad is known for beautiful pearl jewellery and aromatic Dum biryani, and in recent times the IT sector in the Hyderabad. No doubt, the investment in the IT sector has been a boon. For this place has become a hub for many job seekers. The constant encouragement for start-ups by initiatives like V-hub and T-hub has been a source of encouragement to young adults.

In the 1950s when the city started developing, industries such as DRDO, BHEL, HAL, and BEL paved their way for opportunities and expansion. By the 70s though, Pharma and electronic industries were established. However, the 90s experienced a change with a launch of IT industry. It is observed by experts that in the financial year 2023, Hyderabad may surpass Bengaluru in becoming the most preferred city for establishment of various companies.

Firms like Google, Apple, and Amazon have their biggest offices in the city. It is also home to thousands of startups across tech, space and pharmaceuticals. Interestingly, Hyderabad is also the Pharma capital of the country. Brands like Dr. Reddys, Aurobindo, Mankind Pharma Ltd. etc. all have their headquarters here.

The government has constantly undertaken initiatives to expand the city, by giving a boost to both real estate and start-ups. This has contributed to a hand-in-hand growth in development of Hyderabad.

The growth of industries in the city has also sparked interest in the area of development of the commercial estate. Developers are creating larger office spaces for multi-national companies and simultaneously establishing co-working spaces for start-ups, to cater to a large audience base.

According to recent reports on commercial estates, Hyderabad has offered the highest office spaces in India with accordance to 2022-2023. At the end of the quarter, it contributed a whooping 31% share in comparison to the other seven states.

It is also observed that Hyderabad’s real estate witnessed a growth of a massive 19 % growth in sales volume with over 8000+ units being sold in the first quarter of 2023.

Looking at the pace at which Hyderabad is growing, commercial and residential areas are having massive potential to expand especially in the regions that has companies established. At the same time, companies are emphasising on the work from office and hybrid working models. This has also in certain ways fuelled the demand for both commercial and residential real estate in the city.

The global recession has slowed down the growth of many industries across countries. But there’s no denying that the picture for real estate in Hyderabad was different.

An investment in land in Hyderabad, in areas like Medchal or Maheshwaram near the industrial belts of the city, will pay off generously in the future. TMR Green Meadows at Chegunta, 30 minutes away from Medchal and TMR Swiss County at Maheshwaram, mark the perfect investment opportunity for a thriving future.

To know more about TMR Group and our projects, visit https://tmrinfra.com/

The State of Affordable Housing Market in Telangana!

The quest for a house in Hyderabad has pushed many white collared employees to the city’s outskirts recently. The local developers describe these outskirts and suburbs as “Hyderabad’s growing residential pocket.” These localities have many under-construction residential projects, which promise everything buyers like; spacious homes within desired ticket size, with a gym, multipurpose hall, club house, swimming pool, and the rest.

But these luxuries all come at a cost: The affordable housing section of Hyderabad, all are located at least 30 km away from the Hi-Tec City’s belt. Here’s why.

Developers have shifted their focus to bigger, luxurious homes; especially after the pandemic. They are only launching mega ventures which come with a base tag of around Rs 1.5 crore in the city centres.

With the pool of affordable homes shrinking rapidly, mid-segment buyers in metropolitans like Hyderabad, Pune, Bengaluru, and even Chennai are pushed to the periphery. This is a phenomenon labelled as the ‘Mumbai-fication’ of Indian cities  by industry experts.

According to a recent report released by market researchers, the share of affordable housing across the top seven Indian cities dropped to 20% during the first quarter of 2023. From the total 1.14 lakh units sold in this period, affordable housing comprised approximately 23000 units. This share was close to 40% a few years ago.

An annual proprietary study released in 2022 had also quoted Hyderabad as the most expensive city after Mumbai. The study noted that the home buying affordability level in the city has declined since 2021.

This leaves the IT and pharma professionals with average paychecks, with no other option but to opt for affordable homes. However, houses in the Rs 50 lakh-60 lakh bracket are at least 30-40 km away from city centres. Hence they are also often left in the dilemma to either commute for hours both ways or pay a fortune towards rent to stay in the city.

On a pan-India basis, affordability  of homes worsened marginally for the first time in 10 years in 2022. Affordability levels had improved even during the pandemic-impacted years of, as the government had aggressively cut policy rates to increase liquidity in the highly stressed economic environment.

Real- estate experts believe that once again the government can play an instrumental role in this. They believe that the solution to this disparity in the realty market lies in revising government policies. The need of the hour is for the state machinery to play the  role of a balancer, and not drive up land prices and make them unaffordable to people.

Despite the rise in home prices, home affordability has only marginally reduced in major cities of the country. The reduced affordability index has also been cushioned by a rise in incomes and growths in GDP. This augurs well for the industry and will help the residential market maintain its momentum.

Open plots in gated communities by TMR Group, with their Never Before Ever After Deals are the ideal investment in the peripheries of Hyderabad. While their location near NH-44 and Outer Ring Road allow easy, stress-free commute to the city, the developmental projects in the vicinity allow ample opportunities for growth. Why invest in apartments, when you can get open plots to build your dream home at the same rate?  Visit https://tmrinfra.com/ today for more details.

References:

https://timesofindia.indiatimes.com/business/india-business/what-happened-to-affordable-house-market/articleshow/99527553.cms?from=mdr
https://telanganatoday.com/buying-home-in-hyderabad-most-expensive-in-country-next-only-to-mumbai