Friday, December 16, 2016

Advantages of Real Estate Investing in Coimbatore

India’s real estate market is growing beyond the metropolitan cities of the country. This trend is clearly visible in cities like Coimbatore. The city has always been a good place to live. The affordable housing segments have grown over the years in the city, and a large portion of the real estate investment comes from those living in hi-tech cities and abroad.

Apart from the demand for professionals engaged in the IT sector, Coimbatore is also emerging as a retirement destination for many pensioners as it offers a serene environment and pleasant climate throughout the year. The demand for 2BHK homes is high among senior citizens while the demand for smaller apartments is largely from young professionals. Villas and row houses see interest from NRIs and people established in high profile jobs.

Here is a look at some advantages of real estate investing in Coimbatore.

• Coimbatore is a developing city and offers a great chance for people to invest in property because of the relatively low prices. The metropolitan cities are jam packed already and the price of property are not affordable making Coimbatore an ideal choice for them.

• The location of the city of Coimbatore is strategic since it is close to popular tourist destinations such as Ooty, Kodaikanal, Coorg, etc. People who love to travel would love to stay in Coimbatore. This city is a great option to buy property for rental income.



• Being a smart city, defined by the Indian government, Coimbatore is moving towards fast track development. The real estate prices will continue to increase in the coming years making Coimbatore a safe choice for property investment.

• The employment opportunities in Coimbatore are aplenty because of the presence of many industries that have been flourishing here for years. The IT sector is developing fast which is one of the biggest attraction factors for people searching for a real estate investment options in Coimbatore.

• The excellent weather is another factor that people are going to appreciate when they live in Coimbatore. The city has a pleasant climate all year around making it a great place for people to settle down. People who love to stay in serene surrounding away from the city center would love Kovaipudur, located on the outskirts of the city.

Coimbatore is one of the best places to buy a property in right now. Whether you are planning to buy a row house or a luxury villa, the builders in the city have something for everyone. The best part is that in Coimbatore you will be able to make the house of your dreams in a budget that would not have let you consider a small apartment in a major metro.



Villas in Coimbatore – Choosing an Estate Agent

Coimbatore is one of the most beautiful cities in the state of Tamil Naidu and is also known as “Manchester of South India”. The city, in recent times, is attracting a lot of investors in the real estate sector. Coimbatore is considered as an ideal city for living because of its comfortable climate throughout the year and flourishing agriculture and textile industries.

A lot of people are buying and selling villas in Coimbatore. However, property selling and buying is not something you do every day, so choosing a real estate agent is the best option available to get proper guidance for the whole transaction. With them being around, you can simply share the kind of villa you would like to own and leave the rest to them.

However, choosing a right real estate agent is a critical decision. Follow these tips and choose an agent who will work with you in purchasing the villa of your dreams:

• Ask family, friends, colleagues and neighbors about their experience with a real estate agent. It is always good to have a personal recommendation. You cannot beat word of mouth referrals as these are something that can be trusted the most

• An experienced estate agent will help you find the flaws and potential risks when buying a property. These agents are skilled at finding the right villa for you, and they can also save you from a potentially bad property deal

• Going for an estate agent who has successfully carried out the deals of buying villas in Coimbatore in the recent past will be your best option. You must look at the client or property list to see if they have 



• Before you finalize the estate agent you want to involve in your villa purchase, you must check their license. You can check with Coimbatore’s regulatory body to find out if the agent you have shortlisted is registered with them. Also, inquire about any complaints or disciplinary action taken against him in the past

• When you are doing your research, you might come across awarded and celebrated estate agents. These awards or honors, especially when given by the peers, are a seal of trust on the estate agent. If their asking share in the deal is acceptable to you, do not waste time in considering other options 

A good estate agent will make the property task of selling or buying easier and simpler for you with their knowledge, instincts, and experience. A villa is not something that people buy often. So make sure to do proper research on the property as well as the estate agent you plan to involve in the deal.