Q: Hey people, has anyone heard of the Pricol Auburn Terra. I think it is in Ramanathapuram? Care to share some details please? Just trying to find out more and more about all the potential projects I could invest in. Cheers.
Woah! ALmost 1.8 crore for a 3 BHK! I agree on the per sqft prices being high when compared to few other two tier cities. But, Ramanathapuram is selling real estate in a crazy pace. So much development, so quickly, prices are bound to be higher. I mean most of these properties don’t even have a lot of amenities. For example, Auburn Terra has just a gym and hall, play area facility. Nothing too fancy, but the houses are just made really well and the area is good, so prices are high. I’m just wondering if they set up all IT parks and all in this area, how soaring the prices would go.
So true! Take Auburn Terra only for example, they are selling 3BHK apartments, with an area ranging from 2322-2989 sqft. Just imagine an almost 3000 sqft 3 BHK, super spacious, isn't it? And the per sqft prices are higher than a lot of other two tier cities in Coimbatore, especially in areas like Avinashi road, Trichy road, Ramanathapuram. Auburn Terra is selling for Rs.6000 per sqft. So, if you calculate, you will pay around 1.39 crores - 1.79 crore for a 3 BHK here.
Actually, when you think about it, that’s true. Even you look at other properties by Mayflower, Elysium, noble properties, etc, they also pretty much focus on lesser but spacious apartments. There are the big gated communities too, but these kind of apartments are definitely trending more. I mean if you go look it up, you will these apartments under the Premium Luxury Apartment tag, because most of these cost around 80-1.8 crore, that is premium luxury living definitely.
Hi, Pricol Auburn Terra is in Ramanathapuram, off the Trichy road, behind the Gem Hospital. The project’s name is Auburn Terra, it’s by these Pricol property builders. They are very reputed in Coimbatore with many projects, successful ones, you know. You know how other cities are coming up with huge apartment complexes, Coimbatore is trending more with these premium apartments. Very quiet and luxurious living. Not too many people,not too many apartments in the same premises.