Asked if Coimbatore city is ideal to buy a property, we’ve got you covered in this article. First of all, you got to know that the city is ranked No.7 in the list of best Indian cities as per the Ease of Living Index 2020. This index is determined based on the quality of life, economic calibre of the city, and sustainability. With that being said, Coimbatore is indeed among the best choices to buy your dream property. Nobody gets the trust so easily. Given below is an elaborate justification to stand by the statement. Read on:
Ample Employment Opportunity
The paramount concern to any property buyer is the employment opportunity in the geography. Considering Coimbatore aka Kovai, it is essentially the major hub of manufacturing industries – small, medium and large alike. It is touted as the ‘Manchester of South India’ for its elaborate functioning of textile industries (thanks to the cotton fields encompassing all around). The country gets over 50% of pumps produced from Coimbatore and hence called as the ‘Pump City’ besides being renowned for its poultry farming.
As a quick declaration in employment regards, there is HUGE in terms of both job opportunities as well as scope of flourishing entrepreneurship.
Manifold appreciation of property value
There is no denying to the fact that Coimbatore is growing manifold as a real estate hotspot. In addition to nominal property values, Coimbatore city has seen tremendous development in terms of its infrastructure and has absorbed attention from the ‘buying’ population. There is rising scope of property value appreciation proportionate to the infrastructural growth and sophistications added to the city.
Groundwater facility
Groundwater facility is unquestionably the most fundamental need for living. Kudos to the Public Works Department that has been working on rainwater harvesting system for over years which is substantially showing up on the rising water table in the city. There have been a number of macro irrigation projects that encourage farmers build tiny ponds. Corporates are also insisted to create ponds as integral part of corporate social responsibility activities. Above all, the city has its geography along Noyyal River beautifully surrounded by the Western Ghats. Coimbatore also encompasses a host of wetlands that further ascertains groundwater availability of the city.
Let’s talk transportation
Coimbatore has the International Airport. Over and above, the city enjoys sophisticated metro rail as well as suburban railway system, and roadways (obviously) to keep you connected to other cities and states.
Impeccable bandwidth to education
There are top universities in Engineering and Medicine, Arts and Science, and institutes in Polytechnic that offer impeccable education with huge scope of placement opportunities as well. Education boards in the city includes CBSE, ICSE as well as Samaccheer Kalvi system for parents to choose from.
The verdict
Having given you the crux of information on the reasons to buy a property in Coimbatore, you got to decide when and where! Feels helpless? Phew! Kovai Realtors, an Real Estate Agency in Coimbatore is here to help you through the course. Explore website for more! Cheers!
