Why it is The Best Time to Invest in Coimbatore
May 11, 2017
Investing in a property is a dream come true. However, buying a house involves a lot of planning and research. The two most important factors to keep in mind, apart from affordability and financial security, is time and location. Coimbatore, the Manchester of South India, is fast emerging as a real estate hotspot. Read on to know why this is the right time to invest in this beautiful city.
Coimbatore is touted to be one of the top Tier II cities for realty investments. Over the last few years, this city has grown leaps and bounds when it comes to affordable housing, especially in the outskirts of the city. Kalapatti, Singanallur and Trichy Road are some of the best residential areas that offer reasonably priced villas and luxury apartments. Coimbatore is also one of the few cities in the country that is still able to offer affordable real estate, backed by good infrastructure. If you are a first time home buyer, you can explore your options by visiting Casagrand Aqua, a pre-launch project, for premium villas & apartments with world class amenities.
Excellent infrastructure facilities
The growth of numerous sectors such as automobile parts manufacturing, general engineering and IT/ITeS in the city, has resulted in a real estate boom that isn’t going away any time soon. This city, known for its efficient public transportation system, stunning civic and social amenities, is no longer just a passive observer but a dominant participant in the real estate market. From abundant water resources to assured power supply, Coimbatore offers all the modern facilities one requires for a happy living. Not only that, with more than two multiplexes and the breath-taking hill station, Ooty, just 80KM away, this city’s liveable quotient peaks all charts.
Coimbatore is one of the most sought-after destinations for educational courses with world renowned institutes and universities. It offers excellent prospects for your kids to flourish in this competitive world. It has top-notch institutions in every field from international schools to medical colleges. Few of the recognised educational institutes include PSG College of Technology and the Coimbatore Institute of Technology. Also, the presence of renowned research institutes, such as Central Institute for Cotton Research and South India Textile Research, among many others, have proved to be a boon for this versatile city when it comes to real estate growth.
Plethora of job opportunities
People of this city are well known for their enterprising and industrious nature. Therefore, the phenomenal industrial growth that this city has witnessed over the years comes as no surprise. Setting off a chain reaction, this growth has created numerous job opportunities and has also spurred an increased demand for long-term investments in real estate. This city, with its excellent employment opportunities and pleasant climate, is the perfect place to reside in for professionals and businessmen alike.
Coimbatore is currently bustling with pop culture and social life. With a range of top fashion malls such as Brookefields Mall, Prozone Mall and Fun City Mall, you will always have a place to unwind in after work hours. You can also catch up with friends and watch the latest blockbusters at the renowned SPI Cinemas for a mind-blowing theatre experience.
The chief reasons for this city to be touted as the safest city in India are the ever-vigilant cops, reliable public transportation, and most importantly, the humble and big-hearted people of Coimbatore, who are genuinely concerned about your welfare. You cannot put a price on the peace of mind that comes from the certainty that your family is safe. With Coimbatore being one of the safest cities for you and your family to move into and start a future in, you need to not just rent but buy a home in this beautiful city. Follow our ultimate guide on home décor trends of 2017 to make your house a welcoming home. You can also buy a home and make it more tenant-friendly to rent it out.
No age is too early to invest in real estate and no city is as perfect as Coimbatore to invest in. So, grab the bull by its horns and invest in this stunning city right away. Visit Casagrand and find a property to suit all your needs.