Does anybody Knows recent update of New Proposed Integrated Bust Stand in Vellalore, Coimbatore? Is buying Plot Worth?

Q: There is news regarding Integrated bus stand in Vellalore, Coimbatore. I am Planning to buy a residential plot of 3-4 cents in & around Podanur/Vellalore as an investment option. How wise it is? Is the place for bus stand is finalised in vellalore?

Suresh ,

27th June 2016

Locality Review in Coimbatore

vellalore bus stand

podanur

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Podanur is a really good locality to reside in. It is one of the most preferred residential localities in Coimbatore and also it is the costliest. Majority of the area in here is in the form of residential lands and plots and independent house, But there are also some high rise apartments here that have come up.A lot of investors are now interested in Podanur and are looking for property here. I think it would be a good idea to invest in this place.

Saran,

28th June 2016

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A Salem based company called Mukesh Associates were the ones that submitted te proposals. They gave four options of which the third one was selected by the local body as they found it feasible. I believe that once this project is done, real estate nearby will begin to improve a lot and the costs will skyrocket.

Krish Ravi, Coimbatore

28th June 2016

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Vellalore has a decent connectivity to other parts of the town actually. It is near to the Salem Kochi Kanyakumari highway. the vellalore road intersects through the heart of this town. there are some important bus stops in this region. But the locality faces water shortage, dump-yard is there no schools and colleges. Investing here wont be a good bet I feel.

Dhiraj,

28th June 2016

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