If you have to move from metropolitan cities and shift focus to Tier II cities when it comes to real estate investment, then you better have concrete reasons to do so. Coimbatore is an interesting choice to make. Apartments for sale in Coimbatore were once constructed with the purpose of catering to a laid-back retirement oriented community.

1. Coimbatore’s sudden Status change in the Realty
market. Things to Know.
If you have to move from metropolitan cities and shift focus to Tier II cities when it
comes to real estate investment, then you better have concrete reasons to do so.
Coimbatore is an interesting choice to make. Apartments for sale in Coimbatore were
once constructed with the purpose of catering to a laid-back retirement oriented
community. As a matter of fact, apartments were lesser in number when compared to
homes then. But today, the city is home to luxurious apartments much like any other
metro in terms of quality and price and is also witnessing great demand. Properties in
Coimbatore have abundant reasons contributing to growing demand.

2. Why Coimbatore
There are a number of factors that attribute to favoring Coimbatore as a preferred
destination for real estate investment.
The weather in the city is highly favorable.
Many industries and organizations from other
countries find
the climate pleasant
and
favorable to set up establishments and centers.
The city is today home to many expatriates
and this migrant community prefers to live in
tastefully
constructed
and
comfortable
apartments for sale in Coimbatore.
The city is today devoid of congestion and
offers a more relaxed and laid-back living
and hence preferred by a large group of real
estate investors who want to stay away from
hustle, bustle and speed.
Coimbatore is home to some of the country’s best
educational institutions, state-of-the-art medical
facilities, infrastructure and roads. It has always
been so and the city manages to maintain and
nurture the status even today. Properties in
Coimbatore hence find takers easily and quickly.

3. Coimbatore continues to have a large
percentage of demand from senior
citizens who are looking at homes to
live in post retirement. The city’s status
as
retirement
destination
has
not
deteriorated over the years. Unlike
Chennai that has only 5 to 10 percent of
senior
housing,
Coimbatore
faces
demand from NRIs and South Indians
located in other parts of India who intend to settle down in the city. A lot of US
based NRIs also find interest in Coimbatore. The city also has a steady demand from
Kerala residents who have bought apartments for sale in Coimbatore.
Big and premium builders have arrived in
Coimbatore to create architectural marvels
that stand the test of time and quality. This
kind of entry indicates several growth factors
that include potential of the city to develop
over time and cheaper and better availability
of land to be consumed in commercial and
residential properties in Coimbatore.

4. ABOUT US
Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu, a leading light of
the real estate industry in India. It has grown into one of the most awarded companies in the
country acclaimed for its transparent business practices and innovation. The journey over the
last 19 years has seen the company excel in both the home and commercial domains by
building more than 150 magnificent edifices in South India.
CONTACT US
Akshaya Services Private Limited
Capitale,
No. 22, 2nd Street, Nehru Nagar,
Adyar, Chennai - 600 020.
Tel: 044 - 2445 1818
Website: www.akshaya.com