Top 5 - Reasons Why You Should Invest in Coimbatore Real Estate

24^th April 2023 By - Infinium

Coimbatore, which is also known as the “Manchester of South India”, has become a prospect for premium real estate investment. Discover why the city is the ideal place for you to make the leap, whether as a first-time homebuyer or experienced investor, combining growth, affordability, and lifestyle. Continuing on that note, here is a low down on the top five reasons why Coimbatore deserves a spot on your real estate radar

1. Rapid Infrastructure Growth

Coimbatore has seen a great deal of infrastructure growth in the last few years. Broadening of highways, flyovers, smart city projects, upgradation of public transport, have made intercity and intracity connectivity easier than ever before. Initiatives such as the Coimbatore Metro Rail and Western Ring Road will help in improving property value in the future.

2. Strong Industrial & IT Sector

The city also emerged as a key industrial centre and has attracted investments from industries such as textiles, engineering and information technology. Demand for quality residential and commercial properties has increased driven by strong employment growth from the leading IT parks in the region, including TIDEL Park, KGISL, KCT, ELCOT SEZ, Hanudev Info Park, Covai Tech Park, SVB Tech Park, TICEL, KPR Tech Park, Aditya Techno Park, L&T IT Park, etc.,

3. Affordable Real Estate Market

Compared to other metro cities, Coimbatore is available in the real estate space at much affordable rates without compromising on quality. With premium villas, gated community apartments and plotted developments, the cost-to-value ratio here is incredible for end-users and invest ors alike.

4. Excellent Quality of Life

A pollution free chilling environment with all urban facilities. This climate, the greenery and the reputed educational institutions and world-class healthcare is what attracts families, retirees and NRIs alike.

Coimbatore is ideally situated with good connectivity to important metropolitan cities like Chennai, Kochi, and Bangalore, all within a 7-hr drive. It also happens to be one of the prettiest cities in the South of India, and the Queen of the Hill Stations, Ooty, is about 2 hours’ drive away.

5. High Rental Returns

Property prices in the city’s stable market have steadily appreciated over the past decade. Due to rising immigration and demand for rental spaces close to IT parks and Top schools, Colleges Coimbatore also promises good rental returns for investors.