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Real Estate Forum on Coimbatore Realty Market Growth

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hey, i wanted to ask about the growth potential of financial service sector in the city. Can someone please give me details about the same?
Latest Answer: Did you know that It offers investment services and will be hiring about 500 people in the next couple of months. It hired about 150 in the last one month. I think that this is really a promising time for the young population of our country and there are a lot of growth opportunities coming up.
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Q: I heard a rumour that Pricol has exited from Denso JV, and i wanted to ask around if this is true? Please help me!
Latest Answer: The JV envisaged total buyout of Pricol by Denso in five years and involved transfer by Pricol, of its 'Denso Technology Instrument Cluster Undertaking' relating to four-wheeler personal passenger vehicles, situated at Coimbatore and Gurgaon to Pricol Components, a wholly-owned subsidiary of Pricol. Denso acquired 51% stake in Pricol Components after the transfer.
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Q: Hey, i was busy with work during the budget speech and missed it. What can you tell me about the area vise budget allocation? Thanks for the input!
Latest Answer: Corporation sources say that East Zone will stand to gain when the civic body implements schemes with the State Government’s help like road and street light improvement programmes and that will be done in the ensuing financial year.
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Q: Hey, while going through the news, i found some details about a new vendor development programme for micro units in pumpset sector, and wanted to ask you guys about some details for the same?
Latest Answer: While, the programme was mainly for micro units in the pumpset sector and it can be expanded to other sectors too in the future events. In my opinion, that is very much required, since the all the industries can take all the help that you can provide then with.
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Q: Hey, i'm a very cleanliness conscious person, and wanted to ask what is the latest update about the waste segregation drive in the city?
Latest Answer: This is so relieving to hear, since i have been bothered by the waste management issues in Coimbatore for quite some time now. Thankfully this initiative seems to positively influence the waste segregation, and this will only lead to better things in the future.
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Q: Hi, i read a report recently which said that residential projects in Kochi are becoming costlier because of delay in construction. Is this true? What are the updates on this?
Latest Answer: Though land acquisition and court cases are also reasons behind the project delays, administrative and government delays other major reasons, according to an government official. This is interesting to me since the government is supposed to make sure the timely completion of projects.
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Q: Did i hear correctly that a french aerospace firm is planning to expand the business in India? If this is true, it could mean good things for the country, so please tell me about it?
Latest Answer: I wanted to tell you that Safran Engineering Services had tied up with Honeywell to develop EGTS, an electric system that would help aircraft taxi to runways without using its jet engines.
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Q: Hi, a friend recently told me that talks have progressed on the India-Australia free trade agreement. Is it true? Any more details on this?
Latest Answer: I heard from a friend of mine that earlier, Executive Director of the Indo-Australian Chamber of Commerce C. Sarath Chandran gave an overview on business prospects in Australia. President of the Rotary Club G. Karthikeyan also spoke, in the same event. It's nice to see the relation between the two countries develop.
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Q: Hey, so i usually like to keep a tab on the latest happenings in my city Coimbatore, and recently heard some rumours about a twin city agreement being discussed between Esslingen in Germany and Coimbatore. Any details on that?
Latest Answer: Like someone commented above, the partnership has been undertaken 9 times in the past by Esslingen. The 9 cities included eight cities in Europe and one city in USA. In my opinion, the german city will be very profitable for Coimbatore's real estate market since they have already successfully implemented this deal before.
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Q: Hey, i heard some news about the slowdown in the number of industrial projects in the city. What is happening with that?







Latest Answer: Given its entrepreneurship skills, Coimbatore had a strong presence of micro and small-scale companies that received orders from larger industries. The number of these micro and small-scale units is also reducing and it is a matter of concern, and something the government should really start looking into.
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