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Coimbatore, being part of tier-II city, also under smart city project. It attracts eyeballs from investors looking for affordable properties in tier-II cities. Coimbatore, one among them with luxurious apartments, villas available at a reasonable price.
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A Guide to Property Buyers - Coimbatore Take a Look
• The Coimbatore is the 4th most cosmopolitan city in South India. • The Coimbatore undergoes rapid changes and economic improvement over the years. • Coimbatore has seen an increase in land prices with price rise in steel, and cement. • Coimbatore, which is not as similar as Chennai, needs to concentrate on infrastructure facilities even in suburban areas. • The climate is neither cold like hill stations, not hot like Chennai. This climate is extremely suited for all sections of people. • The Coimbatore is known as educational hub in Tamilnadu, some top placed engineering colleges in Tamilnadu located in Coimbatore. • The city has no less in entertainment and shopping. Generally, the Coimbatore is a belt for affordable shopping activities. • The city also has some religious place of interest for all sections of religion. • The Coimbatore is predominantly a safe city to live in India. • The Coimbatore has an excellent infrastructural space in the transport sector. This is second most city after Chennai to accommodate various travelers.
• You'll be facing a huge task in choosing your first apartment. In terms of luxury and posh localities, the Saravanampatti, Singanallur, Thudiyalur, are available. • Coimbatore is well connected to major cities by rail, road, and air networks. • Traditionally, the Coimbatore is known for textile, and manufacturing hub in Tamilnadu. Now, the IT sector has been growing at a rapid pace in the city. The property sector near to IT corridor has tremendous growth to rise in the future. • The price appreciation will be high, you may get resale value double the investment within 5-10 years time. • Buyers will have to spend approximately around Rs. 5000/- per sq.ft. The affordable segment stands close to Rs 3500/- per sq.ft. • With so much facilities, the Coimbatore has emerged as a top tier-II city to invest.
Saravanampatti • Located on the NH209, fast developing locality of Coimbatore. • Saravanampatti is a fastest growing neighbourhood of Coimbatore. • Saravanampatti is known as Education hub of Coimbatore City because it is surrounded by the top colleges and schools. • Excellent place to invest in a property for good future. • The good connectivity to other parts of the city through the roadways. • IT Campus: CHIL IT SEZ IndiaLand Tech Park KGISL KCT Tech Park
Vilankurichi • Once a farmland, now stands to gain from the IT sector. • The first and foremost problem faced by residents in India is the pure water supply. But Vilankurichi is part of Amrut Scheme of Central government for the project. • It is close to Saravanampatti, Sathy road, malls, schools, airport, railway station, bus stop, etc. • This locality has some renowned hospitals and also has all the basic utilities well within the reach. • The land prices are quite affordable.
Thudiyalur • Thudiyalur, located within Coimbatore Corporation, just 12 km from Coimbatore Junction. • The Thudiyalur is located on the Mettupalayam road. Thudiyalur is the best locality, well connected to educational institutions, IT Park, malls, hospitals, frequent bus and train facilities. • Suburban rail travel is located in Thudiyalur, it eases the travel for residents living in and around the locality. • Thudiyalur is just minutes drive to Thudiyalur bus stand, 10 km to Coimbatore junction, Gandhipuram bus station, and 20 km to Airport. • This locality is calm for residential purpose, safe and secured. One can expect 24*7 police vigilantism.
Singanallur • Singanallur, one of the posh areas in Coimbatore. It is one of the bus terminus in the city of Coimbatore. • Singanallur is a busy locality with IT firms, hospitals, schools, restaurants, retail and shopping outlets. • Singanallur, known locality for its accessibility, you'll get everything in a step away in this locality. • It has some of the best restaurants, hotels, hospitals, colleges, and temples. • The Singanallur has close proximity to Coimbatore International Airport. • The property price per Sq.ft in Singanallur stands in the range between Rs 3000 to 6000/-. • The property price of 2 bhk apartment/ flat will be at around 40-60L. • The Ring road passes through the Saravanampatti makes it easy to travel any other parts of the city.
RS Puram • RS Puram, located in the western part of the city, an area to look out for foodie. • It has many MNCs with more options for shopping. • This locality has a perfect mix of commercial and residential hub. • It is considered as the posh locality in Coimbatore.