Real Estate Forum on Real Estate News Coimbatore

Latest Answer: Hey the real estate sector will definitely get a boost from all these infrastructure changes. Property prices will appreciate by a large margin and you will get very good returns from investment :)

Latest Answer: Actually compared to other tier 2 and tier 3 in the south, Coimbatore's property market is slowly gaining good returns. Also development is very much there. Lot of IT companies are taking up office space in Coimbatore. Now even residential demand for completed residential projects is rising. Give it more time. Or invest in Coimbatore only for long term investments.

Latest Answer: I don't think this has anything to do with infrastructure. because for a tier 2 city, Coimbatore is really doing well for itself. What the problem is that realty experts can't seem to look past development of tier 1 cities and find the potential in tier 2 cities like Coimbatore.

Latest Answer: 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.

Latest Answer: Honestly, there are mixed reviews about real estate market in Coimbatore. Most of the commercial spaces were taken up by banks, insurance companies, and IT and ITES companies. But now it is an occupier market.

Latest Answer: Finally! About time! Also they've chosen specific key places for improvement like Ganapathy, Kalapatti, Kavundampalayam, Kumarapalayam, Sanganur, Singanallur,Telungupalayam and Vilankurichi These localities were picked because they are places with high potential that has scope for improvement through all these major developmental changes. Also it is the sensible thing to do because the all trains are passing through these locations and hence metro projects and all should happen at they key points.But we shouldn't be too optimistic also. Let's see how this 'Master Plan' goes..