Coimbatore continues to be one of the best destinations for real estate investors looking for a great selection of properties that are suitable for every budget. Some of the best-selling properties are Coimbatore villas that meet the demand for high-quality luxury housing in the city. Villas are great properties, as they are versatile and attractive to non-resident Indians in case you intend to rent them out. Likewise, they can be vacation homes for you and your family. If you are thinking of investing in a villa in the area, here are a few tips to help you get started:
- Now is the time to invest – The demand in residential properties and Coimbatore villas will continue to increase as more people come to the city for education and employment. Some experts believe the area is an excellent venue for an IT park, too, and this should further increase the city’s potential for being a good place to invest in real estate.
- Consider villas in the outskirts of the city – The costs of homes in the city itself continue to increase steadily, making them ideal for investors looking for big returns. However, there are more homes in the outlying areas, too, such as Kovaipudur, which is known for its serene environment and cool climate. Kovaipudur is at the southwest border of Coimbatore, next to the Western Ghats at the foot of Madukkarai Range. Reputable property developers already have a great selection of villas and smart homes in gated communities there.
- Look for properties from a reputable property developer and builder – By choosing to invest in Coimbatore villas from an established property developer, you can be sure that the homes are of the highest-quality with modern conveniences and technologies for homeowners. Many of these villas are in secure and well-developed gated communities, which are well-appointed with proper drainage, street lights, clean water systems, and facilities for kids and families alike. Just make sure that the villa and gated community are DTCP-approved.