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An Overview of the Coimbatore Real Estate Market

Located in the southern state of Tamil Nadu, Coimbatore is the 16th largest urban agglomeration in India. Its amazing textile and cotton producing industries are the reason why this city is also popular as the "Manchester of South India". The city has been growing on a rapid pace post-independence due to various factors related to industrialization. In the year 2014, it was even ranked as the “best emerging city in India” by India Today. The balanced mix of modern and traditional provides this city a uniquely rich ambience.    

Infrastructure & Connectivity
This industry-based city has become one of the fastest developing cities in terms of infrastructure. Being a hub for industries, textiles, information technology, education and healthcare facilities has brought enormous development in city’s infrastructure and connectivity. Apart from having an international airport connecting it to major Indian cities and foreign destinations like Sharjah and Singapore, there are many other highways that connect this city to other parts of the country. National Highways that pass through this city are NH 67, NH 209, and NH 47; other than that there also are 6 major arterial roads as well.


The demography of Coimbatore has seen an upward rise in the past decade because of the increasing employment opportunities, which came with the industrial growth. The population of the Coimbatore urban agglomeration was counted to be 2,136,916 by the 2011 Indian census. The annual population growth of the city for the decade, as noted by the census, was 3.87%. This population is expected to rise up to 2,684,386 by the end of 2017. The sex ratio of the city, at 997 females for every 1000 males, is much greater than the average sex ratio of the country. While talking about the literacy rate of Coimbatore, the city’s 82.43% of the population is literate.


Life Style
The lifestyle of the people of Coimbatore has changed with the emergence of a number of industries and technology. More educated people have inhabited the city which has improved the overall lifestyle of the city. However, the cultural roots can still be seen strong in Coimbatore. While the temples of the city keep the people rooted to the grounds, other facilities like malls, multiplexes, waterfalls, amusement parks etc., keep them entertained.


Key localities in Coimbatore
With the increasing number of inhabitants moving in this city, the housing facilities have improved many folds. Coimbatore real estate has got a fair share of good localities.. Here’s a list of the best localities in the real estate in CoimbatoreRamnagar, Race Course, R.S. Puram, Saravanampatti, Rama Nada Puram, Tatabad, New Siddhapudur and others.


Real Estate Market
While talking about the Coimbatore real estate, we can never overlook the amazing builders that help in taking the infrastructure of the city to the greatest heights. They are always open with various ads and banner like “Property for Sale in Coimbatore” or “Coimbatore Properties for Sale”. The key builders of Coimbatore are: Vishwasri Property India, Puravankara, Casa Grande, Akshaya Homes, Provident Housing, Covai Property Centre, TVH, Jain Housing and others.


Projects in Coimbatore
You can find all types of projects, ranging from affordable to luxurious and residential to commercial properties in Coimbatore. There are many upcoming projects that you can look out while searching for the right type of property in Coimbatore.


Govt Projects in Coimbatore
Tamil Nadu Housing Board and the Coimbatore City Municipal Corporation come up with various flat and other housing schemes that offer an easy and affordable living to all. Other than that, the metro rail project is one of the most crucial projects taken up by the government to improve the infrastructure of Coimbatore. Hi! Searching for Property? Let's Chat