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Coimbatore City Realestate

Coimbatore Real Estate

( 48 Votes )

Coimbatore City has become a hot spot for investers of real estate. There is a huge demand for vacant lands, appartments, houses and office spaces in Coimbatore. Pricewater Coopers study on Coimbatore city reports Coimbatore is most suitable for setting up an IT Park and Coimbatore was selected as top growing cities ahead of Chennai, Bangalore and Hydrabad in South India. With Tata Consultancy Services (TCS), Wipro, Infosys, Cognizent Technology Services (CTS), showing interest in setting up their IT offices in Coimbatore, the real estate prices shoot up recently. This is likely to continue for another year or two.

Already work has started for IT park in Coimbatore. Roads like Avinashi Road is getting relaid after a long gap. Construction activities has picked up and there is a huge demand for building materials and labour.
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Coimbatore Real Estate Buying or Selling

Investment in real estate is an attractive investment option, as it gives investors capital appreciation and regular returns. With RBI relaxed rules for NRIs on real estate investments, Coimbatore is seeing an increased flow of foreign funds. Considering the current property rates in Coimbatore and housing loan interest rates in India, it is worth investing in Coimbatore. For the investors, Coimbatore is the right place to invest in real estate.


 
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