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Are you searching for an ideal residential property in the fast-growing cities of Tamil Nadu? Coimbatore is one among them. The second-largest metropolitan city in Tamil Nadu is home to hundreds of residential builders, umpteen housing, and commercial properties. The manchester-city of South India is prominent for its respectful community, peaceful neighbourhood, nature-friendly lifestyle accompanied by climate, affordable cost of living, viable job opportunities, and many more soothing factors, which attract investors across the nation.Owning a house in Coimbatore has many advantages that positively impact your lifestyle. Coimbatore has been classified under tier II cities which denotes that the city has affordable housing options, employment opportunities, and industrial & educational hubs. Here, we have listed some of the perks of buying residential properties in Coimbatore.
Affordable housing
There are various affordable housing projects in the city of Coimbatore. Some projects provide cash-back offers, and the government offers loan schemes to emerging average-income families to move into sophisticated houses. In addition, many projects provide multiple amenities and spacious homes with minimal amounts.
Climate
The residents and non-residents of Coimbatore are fond of the pleasant weather that remains throughout the year. The city’s average temperature is 28°C in April, the hottest month. And the temperature gradually drops in the middle of May and falls to a minimum in December. Moreover, the picturesque environment makes living more peaceful.
Growing Economy
The economy expands to the desired level compared to the other metro cities in Tamil Nadu. Coimbatore comes under the top ten tire II cities, clearly showing the city’s flourishing real estate market. In addition, the city has expansive textile, IT, and other industrial hubs that keep the economy lifting.
Job Opportunities
The city has been a promising industrial hub for IT Sectors, the educational sector, textile mills, and other industries. In addition, the ambitious nature of the city has nurtured a booming job market that has unlocked job opportunities across many disciplines, such as IT, hospitality, health care, and B2B services.
Assets appreciation
Coimbatore has recently seen significant capital appreciation, a sturdy economy, and a flourishing population. This has made many properties in the city reasonable compared to other luxury cities. Therefore, investing now in residential properties can profit you with high capital appreciation in the next few years.
Safe community
Coimbatore is one of the safest cities in India. As published in Hindustan Times, Coimbatore secured 7th position in the Ease of Living Index. To enjoy a communal lifestyle with utmost peace, many residential properties in the city are gated communities, which is an added advantage for living in the city. Vilankurichi in Coimbatore is a booming neo-residential hub. Having been located nearby the airport, educational institutions, and IT industries, investing in Vilankurichi can be the best decision. Check out Gowtham Housing’s Royal Palm Phase II with 2 & 3 BHK premium gated community apartments with 15+ amenities.
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