The Coimbatore city is about to make a major leap with the development of its very first multimodal logistic park at Karavazhi Madhapur. Covering 219 acres, this transformative project, selected by the National Highways Authority of India (NHAI) and set to be acquired by the Tamil Nadu Industrial Development Corporation (TIDCO), is set to revolutionise the region’s transportation network.
By connecting air, rail, and road transport, the Multimodal logistics park will not only improve logistics but also drastically reduce high freight charges, benefiting countless micro, small, and medium enterprises (MSMEs).
Impact of the Multimodal Logistic Park on Somanur’s Real Estate and Industrial Growth
The park’s location has the advantage of being near the Irugur railway station and Coimbatore Airport. It will fuel industrial growth, create new jobs, and significantly boost regional infrastructure in and around. Perhaps even more exciting, the surrounding Somanur area is expected to experience a real estate boom with the development of a multimodal logistic park. With enhanced connectivity, this region is now set to become a hotspot for both commercial and residential investments.
With soaring land values, developers and investors will find Somanur real estate increasingly attractive, turning it into a thriving hub. This multimodal logistic park also aligns with the Union government’s larger vision to build 35 such parks across India as part of a ₹50,000 crore initiative, contributing to overall economic growth and transforming industries like textiles in the region.
Why Multimodal Logistics Park will benefit Somanur Real Estate Scenario?
Somanur is set to reap numerous benefits from the establishment of the multimodal logistic park at Karavazhi Madhapur. Here’s how:
- Improved transportation infrastructure and connectivity are expected to drive a surge in both commercial and residential real estate development, making Somanur an attractive destination for investors and developers.
- The multimodal logistic park will create numerous employment opportunities, from industrial jobs to different roles in logistics and transportation, benefiting the local population.
- Another advantage is that with the seamless access to air, rail, and road transport, Somanur will become a key hub in Coimbatore’s growing logistics and industrial landscape.
- As the region develops, land values are expected to increase; this will create opportunities for investment and growth in the Somanur real estate sector.
This multimodal logistic park will serve as a catalyst for Somanur real estate growth, transforming it into a bustling, prosperous hub with improved living standards and increased investment potential.
Why are villa plots by G Square Greenville a better investment choice?
If you are aiming to purchase residential plots for investment, G Square Greenville in Somanur offers you the perfect opportunity to build your independent home in Coimbatore City. Somanur real estate is growing multifold, and the proposed multimodal logistics park will bring the spotlight to the residential investment opportunities as well as commercial establishments. The growing property demand will induce the
G Square Greenville, Somanur highlights:
- 117 residential and 3 commercial plots spread across an overall extent of 6.79 acres.
- Villa plots range from 1.5 – 5 cents.
- 1 minute from Somanur bus stop.
- 2 minutes from Somanur railway station.
- Next to Meenambika Theatre.
- 25+ world-class amenities.
- 1 year of free maintenance.
- 24×7 CCTV surveillance.
- Perfect legal documentation.
- Ready-to-construct villa plot community.
- Well-laid blacktop internal roads with street lights.
- G Square Build Assist: Post-Purchase Guidance for Easy Villa Construction.
- Nearby educational institutions:
- Arc Matriculation Higher Secondary School
- Nava Bharath Kindergarten School
- St Joseph Girls High School
- KPR Institute of Engineering and Technology
- Kongu Vellalar Matriculation Higher Secondary School, Karumathampatti
- St.Mary’s High School
- Holy Rosary Matriculation Hr.Sec school
- Literacy Mission Matriculation Higher Secondary School
- Healthcare access:
- Balaji Hospital
- Prema Hospital
Take the first step to building your dream home today with G Square Greenville in Somanur, Coimbatore!
FAQs
Q.1 What makes G Square Greenville an ideal location for residential plots in Somanur, Coimbatore?
G Square Greeenville offers location advantages and has a good number of schools and healthcare institutions in the proximity.
Q.2 Is there any post-purchase guidance for villa construction provided by G Square Greenville?
G Square Greenville offers a Build Assist feature for post-purchase guidance, ensuring a smooth and hassle-free villa construction process for buyers. This service provides expert assistance throughout the entire construction journey, from planning and design to execution.
Q.3 What are the key amenities provided at G Square Greenville to enhance the living experience?
The key amenities at G Square Greenville include 24/7 security, landscaped gardens, a children’s play area, wide internal roads, and reliable electricity and water supply, ensuring a comfortable and convenient living experience.
