When it comes to investing in a plot of land, there are many factors to consider. One of the most important aspects is whether the plot is HMDA approved or not. HMDA stands for Hyderabad Metropolitan Development Authority, and it is the governing body responsible for the planned development of the city of Hyderabad. In recent years, the demand for HMDA approved plots has increased significantly, especially in areas like Kompally, where the prestigious Pavani Royale project is located. In this blog post, we will discuss the key differences between HMDA approved plots and non-approved plots, with a focus on the Pavani Royale project.
1) Legal validity:
The primary difference between HMDA approved plots and non-approved plots are their legal validity. HMDA approved plots have gone through a rigorous process of obtaining approvals and clearances from the concerned authorities. This ensures that the plot is legally valid and free from any legal disputes. On the other hand, non-approved plots may have legal issues and can lead to problems in the future.
Pavani Royale, being an HMDA approved project, offers its buyers the assurance of a legally valid plot. The project has obtained all the necessary approvals from HMDA and other relevant authorities, giving its buyers peace of mind.
2) Planned development:
Another significant difference between HMDA approved plots and non-approved plots are the level of planned development. HMDA approved plots are part of a larger planned development, which includes amenities like roads, drainage, electricity, water supply, and other basic infrastructure. This ensures that the plot is well-connected and has access to all the necessary facilities. Non-approved plots, on the other hand, may not have these amenities, making it difficult for the buyers to develop the land.
Pavani Royale, being an HMDA approved project, offers its buyers a well-planned layout with all the necessary amenities. The project has wide roads, underground drainage system, electricity, and water supply, making it an ideal choice for those looking to build their dream home.
3) Appreciation value:
Investing in an HMDA approved plot also offers a higher appreciation value compared to non-approved plots. This is because HMDA approved plots are located in areas that are expected to see significant development in the future. This results in an increase in the value of the property, making it a profitable investment. Non-approved plots, on the other hand, may not see the same level of development.