Apartments for sale in Coimbatore are meeting huge demands today. Coimbatore city by itself is becoming a hot spot of real estate investment. The city is facing demands not only in residential properties but also in vacant lands, office spaces and commercial properties. Several studies by real estate experts have shown that Coimbatore is an ideal destination for setting up an IT Park. Coimbatore is even ranked in the class of Chennai, Hyderabad and Bangalore in terms of real estate potential. Large scale infrastructure work has begun in the city in order to gear it for the big realty and commercial burst in a few years from now. Properties in Coimbatore are already observing soaring prices and huge returns on investment can be expected shortly.
NRI investment in real estate
Investment in real estate is always the safest bet even during times of economic recession. Real estate offers capital appreciation and constant returns. Today, RBI has relaxed investment rules for NRIs and with this; flow of foreign funds into Coimbatore has grown dramatically. Owing to the current property rates in the city vis-à-vis property prices in other cities like Chennai, Mumbai, Bangalore or Delhi; investing in apartments for sale in Coimbatore offers better prospects. The city is today the right place for realty investment. For investors looking at South India as a destination for real estate investment, Chennai has presented itself as a matured market but Coimbatore is only on the brink of development. Hence, with NRI interests in the city; premium builders are foraying into Coimbatore with modern homes and apartments that guarantee excellent ROI.
Ideal Places of Investment in Coimbatore
Properties in Coimbatore can be classified into North, South, East and West like most other cities in the country. While each has its own significance and appeal, there are specific areas that are growing at a faster pace than the rest. North Coimbatore comprises Thudiyalur, Mettupalyam, Kavundampalyam, Vellakinar and Sanganoor. This is the region that houses several existing and proposed IT companies, automotive manufacturers and great commercial activity. Apartments for sale in South Coimbatore are in Podanur, Chettipalyam, Townhall, Ukkadam and Sundarapuram amidst others. Connectivity to Palakkad and the rest of the city, dams, universities and temples is excellent here. Many prestigious residential properties are coming up in the South. Avinashi Road, Peelamedu, Trichy Road, Ramanathapuram are some localities of East Coimbatore that is also home to educational institutions, colossal residential development and commercial activity. Finally, properties in West Coimbatore are in Saibaba Colony, R.S. Puram and Gandhipark pose excellent options for investment because of the abundance of commercial and residential activities here.
NRI investment in real estate
Investment in real estate is always the safest bet even during times of economic recession. Real estate offers capital appreciation and constant returns. Today, RBI has relaxed investment rules for NRIs and with this; flow of foreign funds into Coimbatore has grown dramatically. Owing to the current property rates in the city vis-à-vis property prices in other cities like Chennai, Mumbai, Bangalore or Delhi; investing in apartments for sale in Coimbatore offers better prospects. The city is today the right place for realty investment. For investors looking at South India as a destination for real estate investment, Chennai has presented itself as a matured market but Coimbatore is only on the brink of development. Hence, with NRI interests in the city; premium builders are foraying into Coimbatore with modern homes and apartments that guarantee excellent ROI.
Ideal Places of Investment in Coimbatore
Properties in Coimbatore can be classified into North, South, East and West like most other cities in the country. While each has its own significance and appeal, there are specific areas that are growing at a faster pace than the rest. North Coimbatore comprises Thudiyalur, Mettupalyam, Kavundampalyam, Vellakinar and Sanganoor. This is the region that houses several existing and proposed IT companies, automotive manufacturers and great commercial activity. Apartments for sale in South Coimbatore are in Podanur, Chettipalyam, Townhall, Ukkadam and Sundarapuram amidst others. Connectivity to Palakkad and the rest of the city, dams, universities and temples is excellent here. Many prestigious residential properties are coming up in the South. Avinashi Road, Peelamedu, Trichy Road, Ramanathapuram are some localities of East Coimbatore that is also home to educational institutions, colossal residential development and commercial activity. Finally, properties in West Coimbatore are in Saibaba Colony, R.S. Puram and Gandhipark pose excellent options for investment because of the abundance of commercial and residential activities here.
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