India has at least 20 smart cities, and a handful of them, including Coimbatore, is becoming a popular market for residential properties. Sustainable real estate, market viability, a good overall infrastructure, and reliable communications all play a role in making Coimbatore thrive as a great place to live, with dwelling options in and out of the city. Just outside the city is Kovaipudur where you can find a great selection of gated communities where you can have a custom home built or choose from the selection of properties that are ready for occupancy. Coimbatore real estate is not merely a great choice for home buyers with a limited budget, but also for property investors due to the potential for price appreciation in the long run.
Coimbatore, Tamil Nadu’s second biggest city, is dubbed, ‘The Manchester of South India’ due to its thriving spinning and textile industries. Today, it continues to grow with more industries like IT, vehicle parts manufacturing, and engineering. Coimbatore real estate started out small, with developments related to individual homes, high street retail, offices for local businesses, and small-scale commercial developments. However, the growth of the IT and ITES sector led to the development of organized retail establishments, and the increasing cost for land has resulted in national and local developers crafting group housing.
Properties in the city may be costly, but you can find reasonably priced Coimbatore real estate in the outskirts. Kovaipudur is a good choice, as it is peaceful, cooler, and close to nature, so you can relax after a busy day in the city. Developments within easy reach from the city centre, too, with well-developed roads and public transport serving as connections. Just be sure to choose a property that has been built by a reputable and seasoned builder, preferably a company with extensive experience in local real estate. These builders continue to improve Coimbatore’s real estate by building sustainable, high-quality, and well-appointed homes for discerning home buyers