Q:Hi People! I’m soon planning to invest my money in real estate. The thing is I’m completely new to the field. I don’t have much idea about the property rates and price trends going on right now. I want to invest somewhere in Avinashi Road as I have read some good reviews about the area. Can someone share information about type of properties in the area, per sq. ft price or normal property prices, so I can set a budget.
Latest Answer: One thing I’d suggest you to look at is land and plot investments. The prices have fallen like you wouldn’t believe, almost 40%. It used to be between Rs.700-1400 per sqft sometime in 2012, now you can find one within a range of Rs.350 - 870. However, I’m not sure why it saw such a fall. Properties overall coimbatore are increasing, maybe right market to buy lands since it is so less, as per my view it definitely can't fall much down. Anyways, if you or anyone find any information on why plot prices fell so much, do share here.