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Home > Forum > Coimbatore > Real estate News > 2014 Property Market of Coimbatore

2014 Property Market of Coimbatore

Q: I feel that 2014 is a very promising year for Coimbatore's real estate market? However, I want to know how it will be different from last year? What are the promising changes that are going to be made?


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Replies (9)
1
Some issues need to be dealt with in 2014. All infra projects should come up. Then civic issues must be dealt with. Problems with water and electricity supply must be fixed. Then only people will be more keen to invest in Coimbatore real estate market.
Kishore Kumar


2
Firstly there should be a stable government. Then all developmental plans for Coimbatore can unfold. To the fullest extent. Only then prices can finally appreciate.
Revathy N.


3
I think the factors that largely influence Coimbatore market is the purchasing power of the people and employment prospects based on the different companies.
Satyanathan Kumar


4
Many NRIs are also interested in investing here. Primarily the market caters more for end users as demand is mainly by them. People would rather buy homes than rent them.
Naduveetil Rajgopal


5
Yeah even many multinational companies have moved to Coimbatore. This is really making retail, hospitality and and real estate sector grow. Since Coimbatore has pleasent weather and affordable property now a lot of retirement homes are in demand.
Rajeev Srinivasan


6
The government should maintain some stability firstly. Then all the developmental changes planned for Coimbatore can finally take place. Lot of social infrastructure is going to be developed very soon.
Chandresh Subramanian


7
Tamil Nadu government is looking to promote Coimbatore as a business friendly city. Now many people from bangalore and chennai are investing in property in Coimbatore Things like IT companies and flourishing textile industry have done a lot to boost the market.
Abhishek Iyer


8
Yes but in 2014 now the problem is that the opportuinity to buy at a good prices keeps varying. This needs to be kept stable.
Abhishek Iyer


9
Coimbatore real estate market has really outperformed every other sector out there. This better than national average performance outdid other mature markets in the year 2013.
Archana Ramachandran


10

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