An investment into Coimbatore’s real estate
market especially the villas has become more attractive these days since you
have a wide array of options in terms of reputed developers to choose from. The
city of Coimbatore is known for its age-old textile industry which traces back
its growth and development in late 19th century.
The city now boasts of many industries in the
IT, BPO, manufacturing, and healthcare sector. A sizable manpower is employed
in these industries that enhance the demand for real estate as well. There is a
section of buyers looking for small homes in the form of apartments on one hand
and another section responsible for steadily growing demand for independent
villas.
Coimbatore has witnessed the development of luxury
villas by many well-established developers. The open green spaces in the
outskirts of the city offer suitable sites for such villas such as the
foothills of The Madukkarai Range in Coimbatore and The Walayar Ranges in
Kerala or Phallakad pass.
One can do some research based on the factors
such as the budget, size, location and amenities being offered to find the
villa best suited for him. The villas by leading real estate developers provide
a number of amenities such as gated community, CCTV Camera surveillance,
children's play area, swimming pool, gym, street lights, borewell, power
backup, etc.
Whether one is buying a villa for personal
use or just for rental income, there are plenty of options to choose from
especially since many real estate developers are building villas. One can
contact a few reputed developers and look at the designs of the villas and the
community to make up his mind about the project.
Another point which buyers should plan is the
cost and payment terms. Depending upon your budget, the financing facility has
to be kept in mind as many developers have tie-ups with some of the leading
home financing institutions.
Lastly one has to choose the area for
investing in villas by looking at the trend in market appreciation in the
recent years. A realistic plan of action backed by thorough research will help
you invest in villas in Coimbatore as per your personal requirements.
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