| Coimbatore, the third largest city of Tamil Nadu, is | | | | The commercial segment is on a boom with |
| famed for its historical lineage and industrial | | | | eminent brands like Tata Consultancy Services |
| heritage. Famed as the ‘Manchester of South | | | | (TCS) and Cognizant consolidating their business |
| India', Coimbatore is the third largest city of Tamil | | | | complexes in the city. Coimbatore is on fast on its |
| Nadu. It is known as the engineering and textile | | | | way to become a major IT vertex, thereby |
| city of India and accounts for an extensive | | | | amplifying property gains. Excelling in its |
| two-third of the country's requirement of electric | | | | manufacturing sector, Coimbatire stands forth as |
| pumps and motors. The city has undergone | | | | a ripe location for the expansion of Software |
| tremendous economic evolution in past few years | | | | industries. With an upcoming project of a |
| that has accelerated its real estate market as | | | | Software Technology Center, spread over 14 |
| well. | | | | acres of land, spelling a budget of a whopping 140 |
| | | | | crores, commercial sector will witness humongous |
| The city's economic strength is enhanced by well | | | | expansion. |
| educated and intellectual workforce who | | | | The commercial segment of Coimbatore is |
| contributes significantly to the overall economic | | | | growing at a steady pace with corporate masters |
| domain. The presence of several reputed colleges | | | | such as ABT Infoserve, Robert Bosch, Pricol, |
| and institutions in the city has led to an increased | | | | Ephronsys, Sharp etc. having their industries |
| demand in the property in Coimbatore. Residential | | | | established in the city. Catering favorably to the |
| requirements generated due to these are | | | | real estate sector, Coimbatore is thus the highest |
| immense, leading to an upswing in the realty | | | | revenue yielding region of Tamil Nadu. |
| graph. Real estate developers and investors are | | | | The residential sector of Coimbatore real estate is |
| gradually moving focus to the city in order to avail | | | | also immensely impacted with the growing influx |
| the potential economic advantages that the region | | | | of professionals migrating to the city. Increasing |
| offers. | | | | demands have led to substantial property |
| | | | | investments and developments enunciating |
| Also famous for its massive textile industry, | | | | large-scale construction of deluxe apartments, |
| factories and mills, engineering and automobile | | | | flats and residential complexes. Apart from |
| parts manufacturing firms, Coimbatore spells high | | | | professional migrants, demands are also |
| commercial gain consequently impacting the real | | | | generated from NRIs who account for extensive |
| estate trends prevalent in the city. | | | | investments in the residential property market. |
| | | | | Well equipped deluxe hosing complexes are being |
| Favorable factors such as a healthy climate and | | | | developed for this segment of the city's |
| superlative connectivity make Coimbatore a | | | | population. |
| globally desired destination for property | | | | Increasing demands have led to an escalation in |
| investments and developments. Coimbatore is | | | | the land values indicating an extensive 40-100% |
| well-linked to the external world with excellent | | | | increase in the last 12months. Residential property |
| network of highways, arterial roads and broad | | | | market of Coimbatore also is touching sky heights |
| gauge railway. Another proposal has been | | | | contributing notably to the real estate growth |
| formulated by the Sri Lankan and Silk Airways | | | | trends of the city. |
| that capacitates further elevation of the city's | | | | High property costs in competitive metropolitan |
| connectivity networks connotes direct flights to | | | | cities like Delhi, Bangalore and Chennai have |
| Singapore and Colombo, the major World Trade | | | | caused a considerable shift in focus for realty |
| Centers of South-East Asia. | | | | investments, leading to growing concentration on |
| Coimbatore is witnessing a growing percentage of | | | | Coimbatore as a potential location. Moreover, to |
| large-scale companies and industries shifting base | | | | further augment Comibatore real estate, the |
| to Southern India as it promises great economic | | | | government has slashed property rates, making |
| benefits. The major factor behind such immense | | | | them easily affordable. Considering massive |
| industrial migration is the emergence of | | | | introductions of construction projects being |
| Coimbatore as a high end lifestyle oriented region. | | | | undertaken by property developers in the city, |
| This generates a plethora of employment | | | | Coimbatore's real estate market is fast pacing the |
| opportunities which in turn amplifies real estate | | | | path of growth and progress. |
| sector gains. | | | | |