There are regions and places across all of Coimbatore, where real estate has been booming. Gandhipuram and Ganapathy are two places which have existed for a long time. Flats, houses, and plots for sale in these two areas of Coimbatore are always hot and grabbed almost immediately! Sivanandha Colony, Saibaba Colony, RS Puram, and Townhall, are also the nerve centres of Coimbatore. They are well connected to the other parts of the city and hence very popular residential destinations. Buyers buy properties for sale in both these areas of Coimbatore for both living and investment purposes. Kavundanpalayam and Singanallur are two other favoured destinations in the property market of Coimbatore. Flats and houses for sale have been mushrooming in these two areas as well.
Kovaipudur, Vadavalli, Thondamathur, and Peelamedu have quite a few apartment projects being executed and lined-up for the upcoming years. These areas are new, upcoming, and very well urbanized. They are sought after by the IT community, who find residing in these areas comfortable and stress-free. Thudiyalur and Saravanampatti are two more places in demand. Flats, villas, and land are in demand in these areas as they are rich in urban infrastructure.
In conclusion, it can be said that Coimbatore is turning into a haven for property buyers and investors. The demand for property has been on a steady rise and the return on investment has also been high. Property markets in Coimbatore are growing at a steady 20-25% every year. This makes Coimbatore a very attractive real estate destination! If you are seeking to buy your dream home or a house for investment, you should surely look into the property market of Coimbatore.