Q:
I was looking for some information about Sridevi Nagar locality in Coimbatore since i have a job offer in the locality. Should i go for it?
Latest Answer: Some of the upcoming residential projects in the adjoining areas of the locality are PNR Tripti, Coral Ennar, Vamanas Athulya, Sobha Elan, Ramanis Green Park, Royal Exotica, and GIP Silicon Shelter etc. The presence of these projects displays the confidence investors have in the area.
Q:
Hey guys how is the Viswasri Oak Park project in Trichy Road? I want to buy a flat for my son somewhere towards the end of next year? Any information will be appreciated. Thanks.
Latest Answer: Hello Sir, this place is actually on the NH 209 which connects to NH 49 if you go a bit further. Also there are some schools and colleges close to it. Like the KV Institute of Management and Information Sciences, Victory Vidhyalaya Matric HR School, Lisieux CMI Publis School, PPG Institute of Technology.
Q:
Hey there everyone, I am planning to shift to Arasur in Coimbatore. Can anyone give some information about the locality of this place so that I can get an idea how the place is actually. Thanks.
Latest Answer: Recently, one of my friends happened to tell me about the area of coimbatore. He was working on a project here. That was when I came to know that 40 percent of the property there are individual houses. There are very less apartments here. 20 percent of the land is for residential plots, 20 percent for warehouses and godowns, and 20 percent is the commercial plots.
Q:
Shifting to this place shortly, I might need some info about the general structure of the society there before I actually start living there. Can anybody out here help out a bit?
Latest Answer: Both Canara and Indian Banks have branches here. Water is supplied to this region by the Coimbatore Public Works Department, and the electricity is supplied by the Tamil Nadu Electricity Board (TNEB). The Peelamedu airport is about 10 kilometers away.
Q:
Hello, My Father is retiring and my parents want to move back to Malumchampatti, as some relatives live there. I need a fair idea about the locality, please give me some details
Latest Answer: But I think mostly plots are there for sale in Malumichampatti, no? yeah and the asking square foot price seems to be in the range of Rs 1000 to 1500 per square foot. Your parents can even get 2bhk apartments for rent. The monthly rental is around Rs 10 to 11 per square ft. So that means that for an average 650 sq ft house, they will have to pay a monthly rent of around Rs 7000
Q:
Tell me about the current situation of the area of Western Bypass Road, I want to know if it is yet ready for investment
Latest Answer: Hey, I think with this Western Bypass road, the real estate sector will indirectly profit too. a 4 lane road is a big thing, and maybe it is a good idea to even invest in some property in the areas surrounding this place for some future profits.
Q:
Hello guys, I want to buy an apartment in Coimbatore and this venture called the Shriram Shreshta has caught my attention. I want to know more details about the project. can anybody tell me some details?
Latest Answer: Arrey the area is seeing great development ! there are soo many residential plots for sale and many more projects that are coming up here. So I think it is a good idea to invest in some property here as well.
Q:
hello friends, can someone please give me information regarding the Vivant Eleganz villas that are coming up in Saravanampatti? I want to take a villa there in the next few months. Thanks
Q:
hai everyone, i need some information about Vedapatti locality in Coimbatore. I am interested in real estate and thought i could buy some property there. But, first i need to know about the locality. Can anyone give some honest reviews of this place? :) thank you guys..
Latest Answer: oh, but the issues that exist there are unbearable sometime. for just investing, the place is good, but, if you are planning to move in here, then beware of dogs, haha..seriously, the stray dogs have created a menace here. You cant travel in a bike after 9 pm or else there is a possibility of stray dog attack in the locality. moreover, in some parts of Vedapatti, there is some disgusting stinky foam, especially near the sundapalayam road.
Q:
Hello, I want some information on Crescentz Square apartments in Coimbatore. Can anyone please tell me about the current status of this project?what unit type is being offered by these guys? bank approvals for this project? what are the prices of these apartments? what are the facilities provided here by the builder?
Latest Answer: Hi, in my suggestion, these apartments ahve all necessary amenities. They also have all necessary bank and other approvals, as well. The construction and site is approved by Coimbatore Municipal Corporation,DTCP, and LPA. They ahve AXIS Bank and Punjab National Bank bank approval as well.
Q:
Hello there. I want some information on the new real estate project in Peelamedu called Thasami Regency.
Latest Answer: Yeah. Thasami Regency has a 24 hour generator powered backup, and along with that some other features like community hall, rain water harvesting, garden and some basic health facilities are also included.
Q:
What steps being taken by the ICCI in improving Coimbatore's infrastructure facility?
Latest Answer: Its high time actually, I think Coimbatore needs to benefit under the Bilateral Traffic Rights. For that we need more international flights to operate to the city. The airport expansion project needs to be executed asap.
Q:
I am starting a stationery book store in Coimbatore and planning to start at Ukkadam. Any recommendation for renting space?
Latest Answer: Hi boss. Definitely brilliant selection Coimbatore! With festive season coming up, the rental rates will shoot up. I think you can get very good office space for Rs 16000 roughly with double storeys. All the best!
Q:
Hey I remember the last few years were very slow for Coimbatore's real estate market. What is the scene now? Heard there were going to be some changes implemented with respect to property in Coimbatore/ Can anyone tell me what these are and how 2014 is going to be a better year for Coimbatore real estate wise?
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.
Q:
I heard water supply might improve in Coimbatore, if we get some grant from the government. Is this true? I was thinking of buying a house here for my parents, because its a nice city.
Latest Answer: Im pretty sure that this will help the water condition in Coimbatore a lot. Though both the Piloor schemes were supposed to supply a total of 62.5 MLD, at present they do 40-50. Hopefully this situation will improve with this project
Q:
Could anyone tell me if Vardhana Constellation is a nice place to move in with family?
Latest Answer: Hieee...These provide spacious and well equipped 3 BHK apartments. These apartments will defintely not disappoint you. The 3 BHK apartments would cost you about Rs 36.6 L. If it fits your budget then go for it. You should take a look at these apartments before deciding on staying here.The spacious rooms and well equipped apartments will surely make you want to stay here. If you want to get your family too then well and good. You will surely enjoy your stay here.All the best. Cheers
Q:
Hey I want to know about the residential projects in Saibaba Colony. Also, please mention what is in the neighbourhood.
Latest Answer: The Saibaba Colony area is well linked to all parts of the city and apart from being a pretty decent residential area it is also home to many commercial centres. There are many residential projects that you can look at for immediate occupancy, other than the new and upcoming ones. I'd say this is the right time to invest here as by current market trends, the values are only going to increase in the future as the area is developing even more. You can buy a 2 BHK apartment for like Rs. 45 lakhs till around say Rs.70 lakhs. If you want a 3 BHK though, you'll have to shell out a minimumof Rs. 1 crore. The apartments have all basic amenities and facilities. There are schools, clinics, ATMs, hotels, shopping stores etc in and around Saibaba Colony. If you don't have your own vehicle, you need not worry about travelling as public transport (auto, bus, train) within the area.
Q:
Is Sreevasta Sankara apartments in Kalapatti ready for occupany? If yes, could anyone plz tell me about the prices and amenities provided here ?
Latest Answer: Hi, Kalapatti's Sreevasta Sankara Apartments provide the best amenities. You can find a kids play area here along with a garden. There's also round the clock power and water supply available here. You can go and check out these apartments by yourself to see if they suit your needs or not. These have been available for occupancy since January 2013 so if you are interested you can go ahead and move in here. If you want to move in here with your family then its even better.
Q:
I want to invest in a villa somewhere in and around Kovai Pudur. Do you people have any suggestions?
Latest Answer: It is a 63 villa project. Very big. They are constructing nicely. Expected possession date is January 2015. But, I think they have very few available now, about 10 units.
Q:
People, want to invest in Neelambur. I have a property in mind, and it is very good. However, I wanted to know how the locality was. I visited on Sunday, it seemed quiet and decent then, Can someone tell me how the neighborhood and the surrounding area generally is? Are there enough grocery shops, ATMs, any parks, etc?
Latest Answer: Hey also due to the proximity of the Coimbatore Internation Airport to Neelambur, which is only 8 km away, the area will see a lot of development in the fiture. It is good for future investement prospects. You may get good returns in the future.
Q:
I'm planning on moving near Avinashi Road. What's the traffic situation like there? I've heard many problems are caused because of heavy traffic flow in this locality.
Latest Answer: There are many side roads that you can use that are smaller and have lighter traffic, depending on where you live. But if you need to travel by bus, they're more frequent on Avinashi Road.
Q:
Hey, thinking of buying some land in Vellalore to make a farm house. I’m happy about the prices, but concerned about civic issues in the area. Can someone tell me if there is water issues there?
Latest Answer: Yea, they need fresh water connection soon. Because, the groundwater is very polluted due to the Vellalore dumpyard. If you are planning to make your farmhouse, I think you should either apply for fresh water connection soon or get tankers as per your convenience.
Q:
I am thinking of investing in TVH Vista Heights. Just want to get a quick review of how Trichy road is as a locality. It’s proximity to to other places,roads, and other amenities like restaurants, banks, etc in the area. Thanks.
Latest Answer: Yes, this flyover has been pending for a long time now and but I think it is a Road Over Birdge and not a flyover. It has been a dream project and the residents of this area also wanted a bridge here. It has a budger of around 44 crores and will be completed by the next year or so.
Q:
Do you think that the proposed New bus stand in Vellalore will help the area? Right now, I don’t see much development in the area.
Latest Answer: I’m with you on that one, but, you know what I think accessing the Vellalore bus stand without a ring road will be very very difficult. They should complete that planned Vellalore-Singanallur road, before they can think of this bus stand.
Q:
What is the per sqft price offered by Sakthi Phase-II in Gv residency. Also, how much will the apartment price be?
Latest Answer: They have 1-4 BHKs, so if you take 4,900 per sqft, you will pay maximum 40 Lacs for a 1 BHK, 79 lacs for a 2 BHK. 3 BHK will cost you anywhere around 93 lacs - 1.10 crore. 4 BHks are only like 200 sqft bigger than 3 BHKs, so may 2-3 lacs extra.
Q:
Hey people, has anyone heard of the Pricol Auburn Terra. I think it is in Ramanathapuram? Care to share some details please? Just trying to find out more and more about all the potential projects I could invest in. Cheers.
Latest Answer: Woah! ALmost 1.8 crore for a 3 BHK! I agree on the per sqft prices being high when compared to few other two tier cities. But, Ramanathapuram is selling real estate in a crazy pace. So much development, so quickly, prices are bound to be higher. I mean most of these properties don’t even have a lot of amenities. For example, Auburn Terra has just a gym and hall, play area facility. Nothing too fancy, but the houses are just made really well and the area is good, so prices are high. I’m just wondering if they set up all IT parks and all in this area, how soaring the prices would go.
Q:
Hey guys need some help! I’m stuck between two projects Cyprus Oaks and Indraprastha, can’t figure out which one is a better property to invest in for a 3bhk. Please tell me what you think of both and which one do you think is better.
Latest Answer: Buddy, comparing like this will only confuse you more. I’ll tell you what you should do. Take a piece of paper and list down what you think are the pros and cons of both the properties, builder, neighborhood, price, etc.Both these properties are in different neighborhoods. Not very from each other, but you get the point, the property trends will definitely be different. According to me go for Avinashi Road. It’s a more chill area to live in. Peaceful, yet everything closely available in the same area, nice connectivity and all, so you’ll have good rent benefits.
Q:
Hi friends I am moving very close to Thaneerpandal and I want to know about the drinking water scheme on the Thaneerpandal road that started ages ago. Also any major civic issues this locality faces?
Latest Answer: All that is very nice but what about the heavy traffic on Vilankurichi road that is extremely annoying to commuters? Even some work needs to be undertaken on this road. We need a bridge in this area most definitely. The Railway Over Bridge planned in Peelamedu seriously needs to be completed. It's been more than 3 years since this project was supposed to be underway but nothing has happened yet because apparently NABARD has not allocated the funds worth 30.5 crore. Even an alternative route has not been planned yet by the authorities during the onset of this project. If this railway over bridge is there, it will be so helpful for the 50,000 residents living in Thaneerpandal, Cheran Maa Nagar, and Vilankurichi.
Q:
How is the new Union budget of 2014 looking for Coimbatore?
Latest Answer: I think the budget did right by introducing quality control mechanisms into the industrial sector. What is happening currently is that, even though Coimbatore has a huge workforce and prospective talents throughout, all this is unorganised. The potential that the city has to offer is largely under-utilised. This new policy of using MSMEs is the correct way to go about it. Also its going to help the economy a lot by the budget’s new motivation to help small businesses.
Q:
I am quite apprehensive about moving to Ramanathapuram because I know it has very faulty water drainage since a long time. Have the Coimbatore civic authorities done anything about this situation?
Latest Answer: What about the mosquito menace? Mosquitoes will breed anywhere there is stangnant water. And it is a known fact that there are open drains everywhere, with dirty water flowing on the streets in Ramanathapuram. This is so unhygienic and unsanitary for the residents because there is high chance of catching illnesses like dengue, malaria, viral fever and what not. This can potentially be very dangerous to one's health. Why aren't the civic authorities doing something about this? I think the municipal authorities should seriously consider using biological methods including fish species of Gambusia or hapalochilus and barbus and introduce them into water bodies, to tackle mosquito breeding.
Q:
I've heard that Sai Baba Colony is a good place to invest in real estate in Coimbatore. What are your general opinions on the locality? Does it have potential?
Latest Answer: Hey...i always admire a good locality with a park and other facilities where you can relax in the evening as well as many other facilities that you dont have to go much far away. For Saibaba Colony, there are some parks here. Bharathi park is a big park, there is also a coimbatore municipal park as well as a children's park here.
Q:
Hi everyone, I recently purchased an apartment in Singanallur in Coimbatore, purely for investment purposes. But due to circumstances, I’m thinking of moving into that apartment. Can anyone tell me about that area?
Latest Answer: there are very active commercial space available in this area. the commercial market is quite active near to the trichy road in Singanallur. You can find some markets like the vegetable markets, as well as some other industrial areas nearby. The infra technology, S & T Engineers etc are some of the industrial centres that you can find here.
Q:
Looking to buy a property in Coimbatore, does anyone here recommend the Thasami Sumeru apartments? I would like to get some more information about it, regarding date of completion, price details, etc.
Latest Answer: Hey the date of completion for the Thasami Sumeru project was announced to be June 2014. The construction is almost finished and I think it will be up for possession pretty soon. Other than the apartments, this project has villas and row houses as well, so you might want to look into that as well. It has all the necessary amenities, like swimming pool, gym, clubhouse facilities, 24 hour power back up and proper security. For more information, follow this link http://www.commonfloor.com/thasami-sumeru-coimbatore/povp-5nps7z
Q:
Hey I heard that Coimbatore real estate is really doing well. Is it because of any new infrastructural developments around here? Is it a good time to invest in property now?
Latest Answer: Yeah the Coimbatore Tirupur Erode corridor is already affecting the real estate market quite a bit. I think by the time its completed we’ll get to see a further rise in property prices around these areas, especially Coimbatore, which is already the number one real estate market in south India. The development of this corridor will help in creating more jobs and there will be an influx of people from different parts of the country flocking towards Coimbatore. Developers have already started acquiring land around this corridor.
Q:
Anyone can give me any updates about the Annai Lavanya on Thadgam Road? I was thinking of shifting my parents there. Thanks!
Latest Answer: Hey the Annai Lavanya on Thadgam Road is going to be launched pretty soon. The work hasn’t started on it yet, so if you want to buy something more readily available, then I suggest you try some of the ongoing projects in Coimbatore. Other than that, it will be a good place to live for your parents. The 1bhks have an area range of from 515 to 595 square feet, the 2bhks have an area range of between 720 and 835 square feet, and the 3bhks have an area range of between 1140 and 1340 square feet.
Q:
Hi, I am from Mysore and am looking for an apartment in Coimbatore with top class facilities to move into with my family. The KGISL Platina is one among my options and it looks promising. Can anyone tell me if it is worth all the hype and give me the details with regard to the prices and the facilities that are offered?
Latest Answer: Hey, a very good choice. You’ll find it to be a very good investment. This project has been approved by several banks which include SBI, ICICI, Canara bank, etc. This should be good enough to help you with your financing. The apartments have been ready for possession since May 2014.
Q:
I’m thinking about buying a house in Kalapatti. Can someone tell me if it’s a good locality for a family?
Latest Answer: yeah. one of the most basic reasons for this trend that i see is that there was good connectivity to the rest of the town. The Kalapatti Main road intersects the locality as well as the Saravanampatti-kalapatti road. Most of the houses that you can get here is individual houses, but there are some apartment projects also like Srivatsa Sankara Apartments.
Q:
I will be moving to Coimbatore from Patna pretty soon for work. I’ve heard a lot about the locality of R.S. Puram, and I’m thinking of buying a 2BHK apartment there. Can anyone tell me if R.S. Puram is a good residential area to move into with my family?
Latest Answer: Also there is some illegal power connection issue in this locality. Some illegal dealings have occurred as commercial and residential buildings have been offered low tension connections. So now they can get remaining power supply from other locality transformers. This is being investigated.
Q:
What is the water tariff in Coimbatore?
Latest Answer: The water tariff in Coimbatore for apartment buildings is Rs. 900 for the initial 5000 litres. Then it is Rs. 5.25/litre till 7500 litres, Rs. 6/litre from 7501 till 10000 litres, Rs. 8/litre from 10001 to 150000 litres, and Rs. 11/litre after 150001 litres.
These tariff rates however do not include the 11 local bodies that were newly added under the Coimbatore Corporation. These areas are Kurichi, Kuniamuthur, Kavundampalayam, Veerakeralam, Vadavalli, Thudiyalur, Kalapatti, Saravanampatti, Chinna, Vedampatty and Vilankurichi. If you are going to be living in any of these areas, then you will have to pay the old water tariff. Due to lack of metered water connections, the residents of these areas pay flat amounts of Rs. 30, Rs. 50, Rs. 55, Rs. 60 or Rs. 100.
Q:
How is the power situation in Peelamedu in Coimbatore?
Latest Answer: The Peelamedu district in Coimbatore had been hit hard during the power crisis during 2010 – 2012. There were daily power cuts lasting several hours. Domestic life was badly hampered. Schools and colleges were out of power during class hours, which proved to be a big challenge for the students. But towards the end of last year, things have started looking up for Peelamedu. Coimbatore which used to rely mainly on wind power and hydroelectric power has now started looking into other energy options like solar power. For example, a 1 MW solar plant commissioned by Swelect Energy Systems has been set up under REC Scheme near Coimbatore in October 2012 to help with the power situation in the city.
