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Real Estate Forum on Coimbatore Real Estate State

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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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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Q: What is the update on the Regional Paramedical Institute being set up in Coimbatore. Is any work going on currently?





Latest Answer: Did you know that the Centre had sought six acres and had proposed to set up the institute at a total cost of Rs. 180 crore. However, the State Government has provided only 5.22 acres, but has agreed to requests related to infrastructure such as location of entry points and other basic amenities.
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Q: I recently heard that Franchise India is encouraging the growth of entrepreneurship in Coimbatore. Is it true?





Latest Answer: I read a statement by the chairman of Franchise India, which sounded pretty optimistic. He said 'We want to empower entrepreneurs, women, young people looking to start business, retired and army veterans in search of the right business fit realise the opportunities at their doorstep with their investments'
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Q: What is the state of agricultural production in Coimbatore, currently? I wanted to know since i have a land that i wanted to sell to farmers.




Latest Answer: Did you know that the The health care system has also witnessed a significant improvement as a result the Life expectancy of Indians has increased from 32 years (in 1951) to 65 years now. All this points towards a bright future, and you should definitely invest in your land.
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Q: Is the news that Coimbatore might get 24*7 water supply really true? I have been facing a lot of water shortage in my area, and this news, if true will solve a lot of my troubles!
Latest Answer: I heard that the corporation will shift the omnibus stand on Avinashi Road. Two places near Codissia and Le Meridian hotel were identified but a final decision is yet to be taken. There is not enough space to enter the omnibus stand near 100 Feet Road
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Q: I'm really interested in following the latest happenings in the real estate world. Recently i heard that KG Group is entering the retirement home market in Coimbatore. Any truth to that?




Latest Answer: Hi, yes KG Group is foraying into retirement homes now, and the company has planned to go for the fourth phase of the project later this year with about 300 apartments with which the entire project spread over 11 acres of land would be completed.
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Q: Can anybody tell me what is going on with the cement prices in the city, since i have been hearing some unsettling rumours




Latest Answer: The government must really take some substantial action agaisnt the steep rise in prices of cement since construction is one the largest sectors in the city of Coimbatore and this shortage is negatively affecting engineers, real estate dealers and labourers
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Q: I recently saw some news about the property fair in Coimbatore. What is the update on that?




Latest Answer: 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.
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