Tag Archives: Hyderabad real estate market

Marriott Executive Apartments Hyderabad

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Marriott Executive Apartments Hyderabad is the company’s second-serviced apartment in the country, after the first in Mumbai. The MEA Brand is today’s jet-setting executive and is frequently on the move for extended periods. Staying in MEA differs from a typical hotel stay. 

Location of Marriott Executive Apartments in Hyderabad 

MEA is at the top of the SLN Terminus. Marriot has its entrance, which is on the left side of the shopping center. Marriot is in Cyberabad, with easy access to the Financial District and Gachibowli, and near the Mindspace and Ascendas IT Parks in Hi-Tec City. 

Rooms at Marriott Executive Apartments in Hyderabad 

MEA offers three different types of rooms, with the lowest being a studio and the highest being a 2-BHK apartment. The apartments either have a city or a garden view. The city view provides a bird’s eye view of Hyderabad’s cyber city. Even the concrete jungle appears colorful and serene from a higher elevation. The Hyderabad Botanical Garden spans over 200 acres of lush green landscape and is adjacent directly to Marriot. Now imagine waking up to the view. Isn’t that luxury?

The main advantage of staying in Executive Apartments is the size of the rooms. A 1-BHK apartment is 915 square feet in area. The 2 BHKs can be up to 1300 square feet, so it’s significantly more space than most deluxe suites. Each apartment has one or two bedrooms, a living room, a kitchen, a walk-in closet, and a utility room. The rooms in MEA are strictly non-smoking, and there is a hefty penalty for doing so. Those looking for a non-smoking room can upgrade to a room with a private, open-air balcony. Pets are not permitted. 

Amenities in MEA (Marriott Executive Apartments)

Unlike traditional hotels, Executive Apartments aim to allow guests to stay with their families for years rather than months. Every apartment has an incredible amount of functionality and convenience. Both the living room and the bedrooms have televisions. In addition to the king-size bed, you can request a rollaway bed or a crib. There is also a table for four, a sofa, and a chair with an ottoman in the living room. The bathroom has both a shower and a bathtub. 

The kitchenette has a two-stove induction and electric chimney, a 300-lb fridge, a microwave, a toaster, and other amenities. Guests can either request that the housekeeping staff do the dishes for them or use the dishwasher in the kitchen. The utility room has a modern washer and dryer. Other amenities include an iron, an ironing board, and a hair dryer. 

You can do your grocery shopping at SPAR or let MEA handle it. Marriott also offers cooking classes for long-term guests, demonstrating how to use local produce ingredients. The kitchen can also help with the cleaning and chopping the vegetables. The Marriott lobby has a small 24-hour grab-and-go market that sells snacks, staples, ice cream, and wine. In addition, it is open to non-residents, so if you need pasta or snacks late at night, you can get them there. Everything has an MRP. In addition, unlike in hotels, you can have food delivered to your room via delivery apps such as UberEATS and Swiggy. 

On-site recreation options include a gymnasium and a swimming pool, with more on the way. Residents can register with partner golf clubs such as Hyderabad Golf Club and Golconda Golf Club. Residents can walk or jog through The Botanical Garden’s lush greenery or work up a sweat at the Palapitta Cycling Park. Both venues are close to the hotel, and Marriott bears the costs on behalf of the guests. SLN Terminus also houses several restaurants and bars and has entertainment venues such as Escape Hunt and Platinum Movies (which will open soon). Residents can also get special discounts at other Marriott F&B locations throughout the city. MEA’s team also organizes themed community gatherings for residents. 

Dining 

Aside from your room, the terrace is where you will likely spend most of the days of your stay. And it is stunning. The Marriot Executive Apartment’s USP is its strategic location, and the terrace emphasizes this. During the day, it is breezy and serene. After dusk, however, it becomes magical. 

The terrace is home to Mazzo, MEA’s only in-house dining option. Throughout the week, Mazzo serves a breakfast and dinner buffet. On Sundays, there is a lavish brunch. Mazzo offers bento-box-style quick meals for lunch on weekdays. Every day has a unique theme. I went on a Friday and had the chance to try the Thai meal box. While the soup was forgettable, the Satay and Red Curry were excellent. 

The terrace’s far end is being converted into an open-air cocktail lounge. The cocktail menu is still in the works. We sampled a variety of them. The mimosa was delicious, as was a tequila-based concoction called Bulldog; however, the whisky sour was underwhelming. 

Resale Independent Houses for Sale in Hyderabad

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Hyderabad, the capital city of Telangana, has been rated the best across a range of indicators, including GDP, and has been designated the most vibrant city in the world for 2020. The city has the most accessible and affordable real estate markets in Southern India, close to the metropolitan towns of Bengaluru, Chennai, and Mumbai. Excellent connectivity is a must for buyers looking to invest in the best real estate in Hyderabad. The city guarantees rising property prices due to advantages such as proximity to major markets.

Hyderabad is also known for its refined culture, which attracts visitors from all over the country. The city has produced positive results for investors and home buyers, establishing itself as one of the best cities to invest in. Independent houses for sale are among the more affordable investments available in the city. Resale Independent houses are reasonable and accessible relative to other major cities.   

Buying an Independent resale house has numerous advantages. Continue reading to learn the necessary documents and vital considerations when purchasing a resale independent house in Hyderabad. 

One of the most important financial decisions we will ever make is to purchase an Independent resale home. Most real estate developers are building new projects on the outskirts of cities due to rising property prices in cities. It narrows the property options available to potential buyers who want to stay in the core areas. As a result, they find it simple and advantageous to invest in the secondary market and choose to buy an independent house based on their preferences. 

Purchasing a resale home has numerous advantages, including flexible payments, immediate possession, quick home loan approvals, and much more. Let’s look at how buying an Independent resale house can benefit you in various ways. Also, review the required documents and considerations when purchasing a resale home. 

Benefits of purchasing a resale independent house in Hyderabad for sale 

  • Fraud is unlikely: people can commit deceit when they buy an under-construction property. Though a developer may appear to be financially sound, a property buyer is unlikely to be able to evaluate his balance sheet, and thus the chances of fraud increase when purchasing an under-construction property. Most of the resale independent houses in Hyderabad are ready to move into, so the buyer only needs to verify the property’s authenticity and documents. 
  • Affordable Prices: Unlike newly constructed houses, resale independent houses in Hyderabad are typically more affordable. Furthermore, property buyers can negotiate prices based on various factors, such as interiors, the age of the building, fixtures, and so on, while keeping their budget requirements in mind. 
  • Immediate Possession: With a resale home, the buyer can move in immediately. It saves them from the hassle of construction delays. Furthermore, they already know how the property looks and what will go with it; therefore, they can choose their furniture and home decor accordingly. 
  • Banks and other financial institutions quickly approve home loans for resale independent houses in Hyderabad. Such transactions have advantages such as less paperwork, a more loan amount, lower interest rates, and so on. Due diligence by the bank takes very little time, and buyers have a shorter period to await the home loan disbursement. 
  • No Legal Disputes: Purchasing a resale independent house protects buyers from property-related legal disputes. Recently, work on an under-construction property project has typically been halted due to legal disputes and a lack of environmental clearances. When you buy a resale home, you know precisely how many permits you require. 
  • Pre-Installed Amenities: Most buyers receive pre-installed amenities such as electricity, gas, water, maintenance, and security services when purchasing an independent resale house in Hyderabad. It saves them the trouble of arranging new ones. Instead, they can improve the old ones at a much lower cost.  
  • Lower Home Loan EMIs: Buying a resale property saves buyers money on home loan interest and monthly installments. They do not have to pay additional home loan repayment amounts for houses under construction because they have immediate possession. Buyers of under-construction properties must continue to pay their loan EMIs and interest amounts until the house takes shape. 
  • Tax Benefits: Under Sections 80C and 24B of the Income Tax Act, buyers who purchase a resale house can claim a tax exemption of up to Rs 1 lakh on principal home loan EMI and up to Rs 5 lakh on the home interest rate. Property buyers can move in and take advantage of the tax break on their first home loan installment. 

Things to Consider When Purchasing an Independent Resale House for Sale in Hyderabad 

  • Consider All Your Options: Before purchasing a resale independent house, do some research. Visit any of the real-estate aggregators’ online portals, and use appropriate filters to find the property of your choice. It allows you to find the best deal in record time. 
  • Property Age: Some older independent resale houses are of construction and fixtures. Examine the property’s age with the current state of the building in which it resides. It will assist you in determining the approximate amount you will need to spend on repairs after making the purchase. 
  • Ownership Status: Conduct a title search and confirm the property seller’s control rights. It lets you learn about the property’s ownership history and prevents you from engaging in fraudulent transactions. 
  • Pending Dues: Make sure there are no pending dues from the previous owner. It could be an additional cost to the purchase price of the property. You must contact the seller and request that any outstanding payments become final. 
  • Before making a purchase, you must go over all of the necessary documents related to the property. It also allows you to conduct a title search and confirm the seller’s ownership rights. Continue reading to learn about the documents you need to buy a resale independent house for sale in Hyderabad. 

Documents to Look for When Buying a Resale Home 

Here is a list of documents to review when purchasing an independent resale house for sale in Hyderabad. These documents are necessary for a resale independent home for sale in Hyderabad. 

  • Sale Contract 
  • Occupancy Permit 
  • Building Strategy 
  • Certificate of No Objection 
  • Deed of Mutation 
  • Possession Document 
  • Certificate of Encumbrance 
  • Receipts from taxes.