Coimbatore is renowned for its industrial development, serene hilly views, and rapid urban development. Coimbatore real estate trends hint at growing opportunities for investing in residential plots in Coimbatore. If you are looking to build your dream home, now is the right time to invest in the residential plots in Coimbatore and reap the benefits of your investment.
The city strikes a perfect balance between urban convenience and natural beauty. With excellent connectivity through roads, railways, and the Coimbatore International Airport, travel is made effortless. The presence of prestigious educational institutions, thriving IT parks, and top-tier healthcare facilities further adds to its attractiveness.
Let’s understand how to choose between suburban and urban residential plots in Coimbatore.
Understanding Coimbatore’s Urban and Suburban Landscape
The city offers various opportunities for both service and business class. This makes it a desirable destination among the homebuyers. G Square residential plots in Coimbatore are located in some of the most prominent and developing neighbourhoods located in the city and on the outskirts.
Affluent individuals are opting for gated communities and are drawn by the premium facilities and enhanced security they provide. In recent years, several villa-style gated communities have come up in growing suburbs like Ramanathapuram, Neelambur, and along the L&T Bypass, offering both luxury and privacy.
A comparison of suburban v/s urban plots in Coimbatore:
| Factor |
|
| Suburban Residential Plots |
|
| Location |
Central, closer to business hubs, schools, hospitals, etc. |
On the outskirts or newer residential areas |
| Accessibility |
Excellent access to public transport, roads, and amenities |
Requires longer commute to city Centre, but improving infrastructure |
| Land Size |
Generally smaller due to limited space |
Larger plots, offering more open space |
| Price |
Higher due to demand and limited availability |
More affordable, with larger plot sizes |
| Investment Potential |
High short-term returns and resale value |
Long-term investment potential as the area develops |
| Lifestyle |
Vibrant, fast-paced, with entertainment and social activities |
Quieter, family-oriented, peaceful, and close to nature |
| Noise and Pollution |
Higher noise levels, and air pollution due to high population density |
Less noise, cleaner air, and more green spaces |
| Community |
Stronger sense of community due to higher population density |
Developing communities with a more relaxed pace of life |
| Development Speed |
Rapid development, with high competition for available land |
Slower initial development, but increasing with time |
| Infrastructure |
Well-established (water, electricity, roads, etc.) |
Evolving infrastructure, improving with urban expansion |
Urban residential plots in Coimbatore are in close proximity to business hubs, bustling city life, and shopping centers, with easy connectivity and transport access. Suburban residential plots in Coimbatore are located on the outskirts of the city, closer to quiet and serene environs, and though they require longer commute times, the good road infrastructure makes it easy.
Let’s look into why residential plots in Coimbatore are a good choice and dive into some of the latest Coimbatore real estate trends.
Why should you invest in residential plots in Coimbatore?
Economic growth
Coimbatore is witnessing economic growth in the IT and education sectors, which is fueling more job opportunities and driving up the demand for housing, making residential plots in Coimbatore, a great investment avenue. As the growing economy continues to fuel development and expansion, land investment is a good way to diversify your assets portfolio. The suburbs of Coimbatore Ramanathapuram, Neelambur, Saravanampatti, Sulur, and L&T Bypass are the developing areas, and according to the latest Coimbatore real estate trends, the property value in these suburbs has appreciated up to 10-15% over the last few years.
Strategic location and proximity
Coimbatore is close to the Kerala border and to the hill stations of the western ghats. The city enjoys excellent connectivity by road, rail, and air to major hubs like Chennai, Bangalore, and Kochi. Also, its proximity to scenic destinations like Ooty and Coonoor makes it an even more attractive option for those seeking a peaceful place to live with natural surroundings. Choose to build your retirement or holiday home, this city is a great choice.
G Square offers you residential plots in Coimbatore that are in close proximity to the city and also make a great investment option. G Square Orion in Sulur, G Square Urbanize in Saravanampatti, and G Square Bliss in Neelambur, among others, are some of the premium properties in these suburbs.
Pleasant Climate
If you are someone who loves to live around hills, Coimbatore offers the perfect climate. The city enjoys moderate weather throughout the year, with fewer temperature extremes than other metro cities. This makes it an ideal place for families and individuals who want a comfortable, serene living environment. Tourist attractions like Ooty, Coonoor, Isha Foundation, Mudumalai Wildlife Sanctuary, and other hill stations are nearby places to enjoy a quick getaway.
What do Coimbatore Real Estate Trends Say for the Growing Demand of Residential Plots?
- High demand for residential properties due to the growing industrial sector, the influx of professionals, and educational institutions.
- Appreciation potential as a result of expanding infrastructure and economy contributing to rising property values.
- Sustainability and green developments with increased focus on eco-friendly developments with energy-efficient and sustainable features.
- Government Initiatives improving infrastructure and boosting demand for residential plots.
FAQ
Why should I consider buying residential plots in Coimbatore?
Coimbatore offers a balanced lifestyle and has strong economic growth, especially in the IT and education sectors making it an ideal investment choice to buy residential plots in Coimbatore.
What factors should I consider when buying residential land in Coimbatore?
When purchasing residential land in Coimbatore, you should consider factors such as location, infrastructure, connectivity, land types, future development plans, and the availability of amenities like schools, hospitals, and shopping centers for ease of living. It’s also essential to assess the legal aspects of the property, such as title deeds and approvals, to ensure a smooth transaction.
Which areas in Coimbatore are best for residential purposes?
Popular areas for residential purposes include Peelamedu, Saravanampatti, R S Pudur, and Kalapatti, as they are well-connected and close to prime business hubs, educational institutions, and hospitals.
Are there any upcoming areas in Coimbatore for investment?
Suburban areas like Ramanathapuram, Neelambur, and L&T Bypass offer peaceful living with potential for future development and property appreciation, according to the latest Coimbatore real estate Trends.
Is it safe to invest in land on the outskirts of Coimbatore?
Investing in the outskirts of Coimbatore can be safe if you carefully choose areas that are experiencing growth in infrastructure and development. You must ensure proper diligence, and keep an eye on government initiatives aimed at improving these regions for better security of your investment.
