The real estate market here is mostly end user driven. As far as properties in Coimbatore are concerned the demand is mostly centred around mid-segment homes. The city is blessed with good climate and is considered to be a good bet for those who are looking for a comfortable place to spend their golden years in. This is because of the fact that besides being safe, the city also has good healthcare facilities and is well connected to major metros across the country through rail, road and air. These are some of the top factors in the minds of those who are looking to retire but do not want to do so away for civilization. Besides the above mentioned social infrastructure, Coimbatore is also an educational hub as it possesses some quality educational institutions.
The most preferred apartments for sale in Coimbatore are 2 BHKs followed by 3 BHKs. The most preferred budget range for apartments for sale in Coimbatore falls between INR 20 to INR 30 lakhs. This is followed by the INR 10 to INR 20 lakhs range. The most preferred unit size for apartments here is between 751 to 1000 square feet followed by the 1001 to 1250 square feet range.
There are a diverse range of properties in Coimbatore which cater to every budget range. There are housing options for the low income groups, middle income groups as well as individuals who are looking for luxury apartments. There are many areas which are considered to be good bets as far as real estate is concerned. Saravanapatty, Ganapathy, Nehrungar-Peelamedu, Thudiyaloor, NGGO Colony, and Kinathkadavu are some of the areas in this city which can be considered for end use and can fetch good returns as well.
Coimbatore has a lot of factors working in its favour. If you are looking for a peaceful city which is not completely away from civilization, then try making Coimbatore your home.