Victoria Saidhaan Richdale

By: Victoria Realtors in Saravanampatti

Victoria Saidhaan Richdale is one of the popular residential developments in Saravanampatti, neighborhood of Coimbatore. It is among the completed projects of Victoria Realtors. It has lavish yet thoughtfully designed residences.

Project Delivery

Project is Ready to Occupy and was delivered around 2015-12-01

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

• Dr. S.N.S Rajalakshmi College of Arts and Science
• K V Matriculation School
• K.G Nursing College
• Bosch
• Cognizant
• Ford

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:

• Vamanas Mathura
• Brindhavan Apartment
• Martin Nandavanam
• Western Villa
• Sahara City Homes

More Residential Project, Click Here