Sunday, February 8, 2009

HMDA Vs DTCP

Why invest in lands?
1. Value of your investment is never down it’s always is going up and up.
2. Secure investments.
3. Physically you can have the asset (in other it is not a concept Investment).
4. You can get loans against properties.
5. You can transfer it in your family members.
6. You can construct and stay in your own life style.
What is the deference between HMDA and DTCP Approvals?
1. HMDA Stands for Hyderabad Metropolitan Development Authority.
2. DTCP Stands for Directorate of Town and Country Planning.
3. HMDA have certain rules to ensure and enhance the customer confidence.
4. In DTCP we can make a law-out with loosing a single inch of place.
5. In HMDA we have to show the 50% of the plotted area, 20% Road area and 30% Amenities and Park Area,
6. In HMDA roads Must be 40’ Wide and 60” Wide has to maintain.
7. In DTCP it only 33’ Roads, No Parks and no Amenities.
8. In HMDA we have to hand over couple of land to Government as mortgage (Once completed the venture as per HMDA instructions then it will release.
9. If we made wrong with customer or government, government can handle the responsible.
10. Once HMDA approve the layout, then there is no chance to change the lay-out.
11. In DTCP & Grampanchaty Layout you can change the layout again and again; you can sell the whole venture to other companies.
12. HMDA Lay-out is always bit costly where as DTCP is Low cost Ventures.

Regards

Sudheer

924 729 2198 - Hyderabad
sawerapro@live.com
sawerapro@gmail.com


33 comments:

  1. Replies
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  2. Thanks Sudheer for valuable info.

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  8. Now rules are changed, you should update the blog. DTCP Approved ventures have almost similar rules of HMDA except Mortgage

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  9. Thank you realtors for updating the information.Please also confirm difference of Mortgage for HMDA and DTCP

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