Where to Invest in Coimbatore?

Apartments for sale in Coimbatore aremeeting huge demands today. Coimbatorecity by itself is becoming a hot spot of realestate investment. The city is facing demandsnot only in residential properties but also invacant lands, office spaces and commercialproperties. Several studies by real estateexperts have shown that Coimbatore is anideal destination for setting up an IT Park.Coimbatore is even ranked in the class ofChennai, Hyderabad and Bangalore in termsof real estate potential. Large scaleinfrastructure work has begun in the city inorder to gear it for the big realty andcommercial burst in a few years from now.Properties in Coimbatore are alreadyobserving soaring prices and huge returns oninvestment can be expected shortly.

NRI investment in real estate

Investment in real estate is always the safest bet evenduring times of economic recession. Real estate offerscapital appreciation and constant returns. Today, RBI hasrelaxed investment rules for NRIs and with this; flow offoreign funds into Coimbatore has grown dramatically.Owing to the current property rates in the city vis-à-visproperty prices in other cities like Chennai, Mumbai,

Bangalore or Delhi; investing in apartments for sale in Coimbatore offers betterprospects. The city is today the right place for realty investment. For investors looking

at South India as a destination for real estate investment, Chennai has presented itself asa matured market but Coimbatore is only on the brink of development. Hence, withNRI interests in the city; premium builders are foraying into Coimbatore with modernhomes and apartments that guarantee excellent ROI.

Ideal Places of Investment in Coimbatore

Properties in Coimbatore can be classified into North, South, East and West like mostother cities in the country. While each has its own significance and appeal, there arespecific areas that are growing at a faster pace than the rest. North Coimbatorecomprises Thudiyalur, Mettupalyam, Kavundampalyam, Vellakinar and Sanganoor.This is the region that houses several existing and proposed IT companies, automotivemanufacturers and great commercial activity. Apartments for sale in South Coimbatoreare in Podanur, Chettipalyam, Townhall, Ukkadam and Sundarapuram amidst others.Connectivity to Palakkad and the rest of the city, dams, universities and temples isexcellent here. Many prestigious residential properties are coming up in the South.Avinashi Road, Peelamedu, Trichy Road, Ramanathapuram are some localities of EastCoimbatore that is also home to educational institutions, colossal residentialdevelopment and commercial activity. Finally, properties in West Coimbatore are inSaibaba Colony, R.S. Puram and Gandhipark pose excellent options for investmentbecause of the abundance of commercial and residential activities here.

ABOUT US

Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu, a leading light ofthe real estate industry in India. It has grown into one of the most awarded companies in thecountry acclaimed for its transparent business practices and innovation. The journey over thelast 19 years has seen the company excel in both the home and commercial domains bybuilding more than 150 magnificent edifices in South India.

CONTACT US

Akshaya Services Private Limited

Capitale,No. 22, 2nd Street, Nehru Nagar,

Adyar, Chennai - 600 020.Tel: 044 - 2445 1818

Website:www.akshaya.com