3 Things to keep in mind when investing in a plot

Investing in a plot for sale Hyderabad is a monumental decision that demands meticulous attention to various factors. The advantages of land investment, providing both short-term and long-term benefits, become particularly evident as Hyderabad expands its horizons. The city’s outskirts present a myriad of opportunities for acquiring residential plots, but to ensure a fruitful investment, it’s crucial to keep these three factors in mind. Let’s delve into these considerations.

Opting for the Right Location:

Conducting thorough research during your hunt for a residential plot is paramount. To invest in a plot Hyderabad is essentially a step towards securing a prosperous future. Plot based projects are scattered across the state, offering varied price points. Some locations may boast plots at a lower cost compared to others that are more popular and sought-after. It is imperative to select a location with excellent civic infrastructure, proximity to local transport options such as trains or buses, and potential for future development. These factors play a pivotal role in determining the appreciation of your plot and the subsequent returns.

Selecting a Plot from Reliable Source:

Once you’ve pinpointed the ideal location, the next crucial step is finding a reputable and trustworthy developer offering clear title residential open plots for sale. This is paramount to avoid falling victim to fraudulent land-selling practices. Transparent documentation is equally vital, as lack thereof can expose your plot to the risk of deceitful sales, leading to cumbersome legal hassles. Opting for a developer with a proven track record ensures a secure high return on plot investment Hyderabad without compromising integrity.

Choosing a Plot with Government Approved Layout:

Recent amendments by the Telangana government have streamlined processes, reducing the likelihood of spurious land sales. Emphasis on government-approved layouts has become more stringent, making it essential to choose a plotting project that provides either an HDMA approved or DTCP approved layout, depending on the area and locality. This guarantees that your plot is accurately demarcated and equipped with necessary infrastructure for utilities such as water and electricity.

Invest in Plot Hyderabad: 

For a trustworthy and secure investment, consider TMR Group with its 20+ years legacy in plotted development in Hyderabad. Specializing in plotting projects, TMR Group stands out with its clear title gated community plots Hyderabad for sale in the suburbs around the city. Their thoughtfully chosen locations across Hyderabad and Telangana amplify the potential for high returns on your investment. 

With a commitment to transparent documentation and government-approved layouts, TMR Group ensures that your investment is safeguarded. Choose TMR Group for a secure future through the right investment in land. Visit https://www.tmrinfra.com/ for more details about our project. 

All you need to know about DTCP approval

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/