An investment into Coimbatore’s real estate market especially the villas has become more attractive these days since you have a wide array of options in terms of reputed developers to choose from. The city of Coimbatore is known for its age-old textile industry which traces back its growth and development in late 19th century.
The city now boasts of many industries in the IT, BPO, manufacturing, and healthcare sector. A sizable manpower is employed in these industries that enhance the demand for real estate as well. There is a section of buyers looking for small homes in the form of apartments on one hand and another section responsible for steadily growing demand for independent villas.
Coimbatore has witnessed the development of luxury villas by many well-established developers. The open green spaces in the outskirts of the city offer suitable sites for such villas such as the foothills of The Madukkarai Range in Coimbatore and The Walayar Ranges in Kerala or Phallakad pass.
One can do some research based on the factors such as the budget, size, location and amenities being offered to find the villa best suited for him. The villas by leading real estate developers provide a number of amenities such as gated community, CCTV Camera surveillance, children’s play area, swimming pool, gym, street lights, borewell, power backup, etc.
Whether one is buying a villa for personal use or just for rental income, there are plenty of options to choose from especially since many real estate developers are building villas. One can contact a few reputed developers and look at the designs of the villas and the community to make up his mind about the project.
Another point which buyers should plan is the cost and payment terms. Depending upon your budget, the financing facility has to be kept in mind as many developers have tie-ups with some of the leading home financing institutions.
Lastly one has to choose the area for investing in villas by looking at the trend in market appreciation in the recent years. A realistic plan of action backed by thorough research will help you invest in villas in Coimbatore as per your personal requirements.