Advice regarding real estate investment opportunities in Coimbatore for 2015
Q: Hello, my brother suggested that i invest in the real estate of Coimbatore, since it will be profitable. Can anybody tell me what are the different investment opportunities available in Coimbatore?
Coimbatore is most suitable for setting up an IT Park and Coimbatore was selected as top growing cities ahead of Chennai, Bangalore and Hyderabad in South India. With Tata Consultancy Services (TCS), Wipro, Infosys, Cognizent Technology Services (CTS), showing interest in setting up their IT offices in Coimbatore, the real estate prices shoot up recently.
I hope you find the information that i'm going to provide useful. The key to investing in Coimbatore is figuring out the perfect area for investing. I think that investing in property around the TIDEL Tech Park, is a very wise move at this point, since there is an obvious rise in the demand for residential property around the area.
Listen up, i think that Coimbatore is one of those cities that has a real estate market which provides ample scope for earning profits, no matter where you buy the property. Keeping that in mind, investing in Peelamedu, which has an average rate of Rs 26,500, which is huge, dont you think?
Are you sure you don't want advice from some real estate experts? Anyways, i think you would really appreciate the information that Trichy Road, has the highest average property rate of Rs 5800. So investing in any property there is bound to bring you profits in the future.
Hi, i have been witnessing the changes in the real estate market composition of the city for the past few years. Earlier the city had more of Individual houses, and residential plots, but the recent times have seen a shift in the composition with apartment projects gaining more popularity. That should give an idea about what way to go about while investing :)
Did you know that Coimbatore has a very wide real estate market, and if you are seriously considering investing in the real estate here, in my opinion, the best bet would be to purchase a plot in one of the premium localities like Ganapathy, Saravanampatty, Puliakulam, and Vadavalli. That would give you decent profit margins in my opinion.
Investing in real estate can be a risky decision, if you go unprepared. Since there are so many options around, it is always suggested that intensive care be taken before putting in your money on a particular investment opportuniy. I think that you should go for investing in apartment projects, because they seem to be the popular thing, and their popularity will only increase with time.
The investment opportunities in Coimbatore can be gauged by the fact that there are many upcoming residential projects coming up in the locality. Some of the projects in the city are Sankar Shree Raman, Salarpuria Navratna, Nivasan Aastha, City Shelters, Nivasan Aksharam, and Vishwasri Oak Park Phase II.
Thanks for listing the real estate investment opportunities in the city. I wanted to ask if investing in a office space, in Ramanathapuram, would be a good idea?
See, Ramanathapuram is one of the better localites in the city, and renting an office space in it, would definitely be a plus for you. Currently the average commercial property trends in the area are around Rs 43 per sq ft, which will fetch you decent money, in my opinion.
Hey there, see since you don't seem to be looking for a particular type of real estate, i would list down all the options that you have. Coimbatore is a pretty big city, and has a flourishing real estate market. There are residential projects coming up, plots, villas, row houses, shops, office spaces etc. That gives you plenty of options to choose from, right?