Hyderabad gears up for job market on the rise!

The global economy is slowing down. Markets worldwide are flashing warning signs that the global economy is stumbling on a cliff’s edge. While the United States is dealing with a fast incoming recession, the European states are battling inflation as the prices of essentials like gas and food continue to rise.

Experts say that the aftermath of the Russia-Ukraine crisis, China’s draconian pandemic policies, and runaway inflation clubbed with the United States Federal Reserve raising interest rates aggressively has pushed the world into a recession which is having a direct impact on the IT sector and employment in the United States. From Byju’s to Zomato and even mega giants including Google, Cisco, Twitter, Meta and Amazon, many companies have announced layoffs in recent months. Its ripple effects are seen even in India.

However, not everything is bleak, even in these times. While the US recession will slow growth in general, many companies could outsource the quantum of work. This, in turn, will create more employment opportunities in India. India today no longer outsources just voice-based call centres and BPO services. The kind of work being outsourced globally from our workforce ranges from IT jobs to data processing, photo-editing, CRM and even CAD drafting, rendering and more. In turn, this recession might be quite beneficial for some companies in India, especially the IT hubs in Hyderabad, Bengaluru and Pune.

Manisha Saboo, the President of the industry body Hyderabad Software Enterprises Association and Infosys Hyderabad SEZ Centre Head, predicts that more work will come to India, including the city of Hyderabad. There will be ample opportunities in animation, semiconductors and new segments like the Mobility Valley in the coming years.

A thriving IT and start-up ecosystem in Hyderabad will ensure that it continues to attract stakeholders even during the recession. The availability of skilled personnel will take care that companies face no problems in getting the required skilled talent here. Simultaneously, the Telangana Academy of Skills and Knowledge is working on training human resources to meet the industry’s requirements. The state government is also undertaking various development programmes enabling the creation of quality infrastructure. These aspects will be a driving factor of growth in coming years, according to experts.

A lot of companies have started setting up their Global Capability Centres (GCCs) in Hyderabad today. These centres will be the driving force of growth and help create global products and solutions.

Earlier, outsourcing works were given to Indian companies only due to the cost arbitrage they gave over the rest. And although that continues now, more companies are assigning work to India in their search for higher-order skills to handle research and development, product development and similar jobs, which are at the top of the pyramid in the outsourcing value chain.

Outsourcing isn’t also limited to just partial jobs anymore. With the recession in the picture, the outsourcing scale can be large. For instance, instead of assigning a part of the work to the companies, experts see the possibility of the entire IT department getting outsourced in the coming months.

The city is also benefitting from the work-from-home still practised in other offshore markets. Since many international organizations are not yet working from offices, some orders were being outsourced to Indian cities, including Hyderabad.

This is likely to also have a positive impact on the real estate market in the city. With demands for both commercial and residential spaces expected to rise, this is the perfect opportunity to invest in land in Hyderabad today.

At TMR Group, our plots in Chegunta and Maheshwaram are located in the hub of upcoming development for guaranteed appreciation of property and flourishing growth. Book a site visit today to secure your future in the land of growing opportunities. Visit https://tmrinfra.com/ today to know more!

Ways to avoid “House Flipping”

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

A profitable investment destination: Green Meadows, Chegunta!

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!