Yes, i too saw the map on my visit there. The map has the stall numbers marked at various areas to help investors approach the stall where they could choose a house in that locality. Banks and financial institutions too have stalls to facilitate spot approval of loans.
I personally went to the property fair, and noticed something that might interest you. The main hall of the exhibition venue has an enlarged city map with properties that are offered by the promoters in the expo marked on it.
Here is some details about the fair: Priced at Rs. 8.49 lakh to more than Rs. 500 lakh, people could choose from close to 2,500 apartments and villas at the fair, in which about 25 realtors were promoting more than 50 projects. They included apartments and villas that are ready to occupy and those that would soon be completed.
Do you know that two to three per cent NRIs invested in villas priced at more than Rs. 2.5 crore. The market dynamics are changing, and that many Coimbatoreans working in other cities too are buying their first house in Coimbatore.
Yes, the 5th edition of the property fair was aimed at attracting prospective NRI investors who flew down to Coimbatore to visit their parents for Christmas and would be here till Pongal. And as far as i heard, it was pretty successful at that.
The Confederation of Real Estate Developers’ Association of India (CREDAI), Coimbatore, recently organied the two-day property fair FAIRPRO 2015 at Suguna Kalyana Mandapam. The chairperson said that NRI investment in properties range between Rs. 50 lakh to Rs. 1.5 crore.