The Real Estate Market in Coimbatore
|Area||254 Sq. Kms.|
|Average Temperature Range||19.8 degree C to 35.9 degree C|
|Airport||Coimbatore International Airport (Peelamedu)|
|Economy||Hub for manufacturing, education, healthcare, textiles, and IT|
Coimbatore is having a moment as a real estate market. Second largest in Tamil Nadu, it is one of the most rapidly growing cities in India, and a popular tourist destination thanks to its rich cultural heritage. With its market value spiralling upwards, each year its residential and rental capital prices soar up to 10 to 15% and 30% respectively.
Among the several factors adding to its robustness as a market is its sprawling 7,469 square kilometres of fully-developed urban area. The city boasts of efficient connectivity by airways, roadways, and railways. Infrastructure wise, the steady economic growth has led to Coimbatore’s recognition as a smart city in 2016. It is also the largest non-metro city that benefits from the e-commerce industry.
The city’s backbone is its industries that have sustained since the 19th century and are flourishing along with newer ones along with a developing IT sector. It’s little wonder then that Coimbatore offers a high standard of living.
Compared to other cities in the south, Coimbatore offers a more favourable investment opportunity at lower prices. This translates into better prospects for NRIs to enter the segment without bankrolling a fortune. They can then watch their investment grow in the coming years.
How can we help maximize your investment in Coimbatore?
Radvi believes in offering partnership in building your dream home to help you get the best value in a dream.
Our expert team comprises of individuals with massive experience and an excellent knowledge of the locality. We cover all the sectors under the real-estate market and help individuals right from purchasing land to renovating a luxurious apartment. Our services comprise of :
- Land Purchase Consultancy
- Property Purchase Consultancy
Why Choose Us?
Investing in real estate isn’t a one-off deal, which is why you need someone reliable to help you. What makes us different from brokers and dealers is the fact that we become your partners to help you get the best value in a deal.
30+ Years of Experience
Experience is the single greatest tool that makes us a cut above the norm. We have created a strong foundation in the past 30-plus years at every stage of real estate investment and building. Right from purchasing a land, designing it with the help of local partners, consulting on a plan, and eventually building it in reality, we have all the bases covered.
A key factor you must consider while selecting a real estate service provider is their knowledge of Coimbatore. Unlike national level portals, we have a team of locals who are equipped with a thorough knowledge of the NRI investment market, are familiar with the region, and possess an understanding of right paperwork with the necessary contacts to make every step a smooth process.
Our projects have grown over the years, giving us an excellent track record. Our keen eye towards the business has helped investors gain over 100 times the return on their investment.
Every customer’s requirement is our top priority and hence our services include an array of property types. There is no such thing as very little or way too much for us. So instead of offering you endearing and generic images, we try to understand your preferences, expectations and your budget. This information, along with our unparalleled market study, enables us to help you purchase, design and build a property that fits in your budget.
Why invest in Coimbatore?
Booming Industry for IT
Coimbatore has become the second largest software producer in Tamil Nadu and is growing by leaps and bounds in this field. Thanks to the launch of various IT parks and centres such as TIDEL Park and IndiaLand TechPark, Coimbatore houses of IT giants such as Amazon, Bosch, Cognizant, Wipro, Hexaware, and Deloitte.
An established textile industry
Coimbatore has been home to numerous textile mills as well as research institutes. Famous for its quality of cotton and dyed fabric, it has become one of the largest manufacturing cities that exports to different countries. Right from traditional manufacturing days till now, Coimbatore is known for its highest concentration of textile activity in the world.
The city is known as one of the major educational hubs with more than 7 universities, 78 engineering, 3 medical, 2 dental, 150 arts and science colleges and 35 polytechnics. These institutes are known for their quality education and are either government run or privately funded.
The geographical location of Coimbatore makes it a unique tourist attraction. Located on the banks of the Noyyal River and surrounded by the Western Ghats, the city offers a pleasant view for tourism enthusiasts. Another key aspect of the city to attract tourists is its centralised connectivity to various hill stations of Chennai.
Coimbatore offers a soothing, pleasant climate round the year. Its well-placed location ensures that it has mild winters and moderate summers with decent amount of rainfall in comparison with other places in Tamilnadu.
Coimbatore has a large healthcare industry that comprises over 750 hospitals. The facilities and research in the city make it a place for medical tourism for people from nearby districts and even from the neighbouring state of Kerala.
Parts of Coimbatore
Coimbatore is spread widely and each part offers a host of unique features that might be exactly what you are looking to invest in. To understand the entire geographical area of the city, here’s a division of its suburbs on the basis of its location.
Sai Baba Colony
Other notable areas in Central Coimbatore are Puliakulam, and Avarampalayam.
The other notable areas in this region are Udayampalayam, and Vilankurichi.
Best Areas for Property Investment in Coimbatore
With our immense experience, we have a few places marked across Coimbatore that we feel can really provide you value for money. Of course, the type of properties and budget differs from region to region. If you have something in your mind, you can contact us and we can provide you with detailed study of the regions that suits your particular needs. Few areas that do make the list are –
Residential – Plots and Villas
Areas such as Vadavalli, Kuniamuthur, Meetupalayam, Singanallur, and Kalapatti are some places that offer an ideal location for purchasing plots that can be designed and built into luxurious villas.
Residential – Apartments
If you are looking to reside in an apartment, the prime locations that are currently running ahead in the market are Trichy Road, Saibaba Colony, Avinashi Road, Gandhipuram, and R.S.Puram.
What makes us the best Luxury Villas, Houses, and Apartment Builders in Coimbatore?
Our 30-plus years of experience is not just in dealing in the real estate market, but partnering in our customer’s dreams. We have experience in building spacious villas at plots that vary as per the budget.
For us, each investor is different. Instead of having a generic set of plans for display, we prefer to understand your personality, your requirement, and your preferences. On the basis of these checkpoints, we suggest you the right place to invest. We come up with designs that will match your persona and make it a million-dollar looking place within your prescribed budget.
Our team consists of experts that have decades of experience in their respective fields. So whether it is helping you purchase the right plot, getting the right paperwork done, getting a custom design, finding the most suitable materials to build a house, we have them all.