By: Mayon Foundations in Saravanampatti
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Discover the Promise of Luxury Living in Saravanampatti, Coimbatore.
Mayon Vriksham Grande, a landmark project by Mayon Foundations , brings to life premium residential plots in Saravanampatti. Spread across 54.96 acres, this gated community offers luxury amenities and well-designed spaces to cater to every aspect of your contemporary lifestyle.
This location is ideal for those looking to invest in Coimbatore real estate, with easy access to top schools, colleges, hospitals, and recreational areas.
Key Features : .
Plot Sizes: Starting from 870 sq ft.
Total Area: 54.96 acres.
Location: Saravanampatti, Coimbatore.
Legal & Bank Approvals: All Leading Banks.
One of the most promising localities in northern Coimbatore, Saravanampatti is a major residential and commercial hub. Known for its central location amidst IT parks and other institutions, this region is fast developing to be one of the most sought-after places for upcoming residential projects in Coimbatore.
Saravanampatti has a contrasting landscape ranging from peaceful and serene residential areas to industrial, commercial pockets buzzing with work. This unique combination of scenery and development makes it an excellent place for IT professionals to reside.
Saravanampatti is great for families because of the presence of a large number of educational institutions. Such is the quality of education there that the area is sometimes called the education hub of Coimbatore. The renowned institutions in the area include S.N.S. Group of Colleges and K.V. schools.
Connectivity and transit points
Saravanampatti has a network of well-connected roads that serve as the primary source of connectivity in this area. The NH-209 passes through eastern Saravanampatti, providing easy access to the surrounding IT hubs in Coimbatore.
Town buses are the primary mode of public transport here, with the Saravanampatti Bus Stop serving as the main stopping point. The nearest major railway station is the Coimbatore Junction, which is located at a distance of 11.2 km from this area. The Coimbatore International Airport is situated at a distance of 11.7 km from Saravanampatti, making it an easy option for travelling professionals.
Private auto-rickshaws are very common here, though they are slightly on the expensive side.
Major landmarks
Factors for growth in the past
The sudden boom of IT organisations and the influx of professionals flooding these areas have resulted in a steep rise in the economy of Saravanampatti. Major names in the corporate sector are still looking for commercial spaces in this region. This has also helped increase the demand for residential spaces to a substantial amount. Assisting this rise in economy is the ever-growing textile industry in Coimbatore. These factors have shaped Saravanampatti into one of the premier localities for high-class professionals.
Residential & Commercial Market
Residential market trends
The residential market scenario in Saravanampatti is fast changing from independent houses to multi-storey luxury apartments and villas. A number of real estate giants like Sahara and Puravankara have started on large-scale projects, and have also proposed some more for the near future.
The prices of apartments in Saravanampatti, however, have been experiencing ups and downs over the past few quarters. The current average rate for multi-storey apartments stands at around Rs 3,300 per sq. ft., whereas the average rate for houses comes to around Rs. 3,400 per sq. ft.
Commercial market trends
The commercial market in Saravanampatti is experiencing high demand, with fluctuating rates ranging from Rs. 3 lakhs to Rs. 19 lakhs per cent. The fact that many major IT companies are on the lookout for commercial spaces in Coimbatore has played a crucial part in the rise of commercial market prices here.
Major challenges
Apart from the National and State Highways, the roads in the vicinity are being neglected by the local governing bodies. This has resulted in roads with potholes and thick gravel throughout the area. Another challenge here is the problem of electricity. Insufficient supply of electricity has resulted in a number of power outages everyday.
Factors for growth in the future
Already hailed as the education hub of Coimbatore, Saravanampatti has the potential to become the perfect place for Coimbatoreans, with a trifecta of major IT companies, excellent residential pockets, and popular educational institutions. Going forth, the local government’s plans for infrastructural development will play a huge role in helping this locality reach that status.
Some of the Residential Projects at Saravanampatti are listed below:
More Residential Project, Click Here
Avinashi Road, Coimbatore 641018, Tamil Nadu, INDIA.
Projects in Coimbatore
Completed Projects |The project is located in Vellamadai Road, Saravanampatti, Coimbatore, Tamil Nadu 641110, INDIA.
Plot Size in the project is 2000
Yes. Mayon Vriksham Grande is RERA registered with id TN/11/Layout/2923/2023 dated 09/08/2023, TN/11/Layout/3993/2024 dated 03-12-2024 (RERA)
4 BHK is not available is this project
The project is spread over an area of 54.96 Acres.
3 BHK is not available is this project