Coimbatore is one of the most favourable cities for real estate investment in India. Once known primarily for its textile industry, the city has evolved into a lively hub with a thriving real estate sector. Its remarkable improvements in infrastructure and a strong economy are drawing attention from investors all over the country.
As one of the leading builders in Coimbatore, we have compiled together a few reasons why Coimbatore is now the preferred choice for real estate investment over tier-I cities:
Airport expansion
The upgrades at Coimbatore International Airport are greatly enhancing the city’s connectivity. With plans for longer runways and bigger terminal spaces, the airport will become even more accessible for both local and international travellers. As a result, there’s a noticeable boost in real estate interest, especially in neighbourhoods close to the airport, as businesses see the value in better connectivity.
IT development
The IT scene in Coimbatore is booming, attracting experts from all over India. This growth has sparked a need for better housing options, especially near IT parks and tech hubs. With more firms moving into Coimbatore, there’s a constant demand for places to live and work, and it’s only expected to increase.
Better weather conditions
Unlike cities like Chennai and Thoothukudi, which often face floods and harsh weather, Coimbatore has a milder climate. This reliable and pleasant weather makes Coimbatore an intelligent and appealing choice for investors looking for a safe and steady place to put their money.
Cost benefits
Investing in real estate in Coimbatore is much more affordable than investing in Tier-I cities. Here, you can acquire premium properties at a fraction of the cost, making it an ideal choice for new and experienced investors alike.
At JRD Realtorss, our ongoing projects like the JRD Vistara Green Villas are strategically located in prime areas of Coimbatore, offering a range of options for investors looking to capitalise on the city’s growth. Contact our team of experienced builders in Coimbatore to find out more about our projects.