There are numerous things you must consider when purchasing a plot for sale in Ghatkesar. Location, price, infrastructure, and green open spaces are just a few examples. But there’s one thing many homebuyers fail to consider: HMDA approval.
The Hyderabad Metropolitan Development Authority (HMDA) is responsible for planning, regulating, and approving all developments and constructions in the Hyderabad Metropolitan Area. Its tasks include inspecting and approving open plots in Ghatkesar and other localities in the city
But is HMDA approval necessary for a plot for sale in Ghatkesar? Here are some advantages of investing in an HMDA-approved layout:
- Guaranteed infrastructure
HMDA approval ensures that a project will take place in the location. Therefore, you need not worry about delays in delivery and possession when investing in an HMDA-approved plot.
On top of this, builders with HMDA-approved layouts are required to provide basic amenities for the project, including a drainage and water pipe system, avenue plantation, roads, and streetlights, to name a few.
- Increased developments
HMDA-approved properties are located in areas where developments are highly likely. As a result, if you invest in an approved plot in Ghatkesar now, you can take advantage of accessibility to major highways, nearby localities, hospitals, schools, and more.
- High appraisal value
A plot can be both a space for your home and an investment. Even if you don’t plan to utilise the area for yourself, you can enjoy the benefits of a high return on investment for the land. And if the plot is in a prime location, you are guaranteed a satisfactory capital appraisal in the future.
If you’re searching for an HMDA-approved plot for sale in Ghatkesar, consider Pinewood Homes. Spread over 46 acres, this residential plotted layout is managed by Modi Builders, a leading property developer in Hyderabad.
Pinewood Homes feature 560 open plots with luxury specifications, as well as provisions for a school, function hall, shopping complex, supermarket, and many more.