Investment Opportunities in Coimbatore: Best Locations to Buy Land for 2020
Looking to invest in property in Coimbatore, a bustling city in southern India, for the year 2020? This guide will highlight the best locations where you can buy land that is likely to appreciate in value in the coming years, specifically focusing on the outskirts of Coimbatore along Avinashi Road near Kathir College and the Trichy Road area in Papampatti.
Introduction to Coimbatore Real Estate
Coimbatore, often referred to as the Manchester of South India, is a thriving industrial city known for its fine textiles, machinery industries, and rapidly growing real estate market. The city's strong economy and favorable business environment make it an attractive destination for land investment, especially along the outskirts where opportunities for growth are abundant.
Location-wise Investment Opportunities
Avinashi Road Near Kathir College
Proximity to Educational Institutions: Located near Kathir College, an educational hub for students, this area benefits from a steady inflow of students and their accompanying families. The existence of a college also draws a number of retail and service establishments, enhancing the local economy and property values.
Transportation and Connectivity: Being in close proximity to Avinashi Road, residents have easy access to major transport links, making it convenient for students, professionals, and visitors to commute to other parts of Coimbatore and beyond. The road connects to various parts of the city and is part of the broader road network that runs towards Trichy and other nearby towns.
Future Developments: With ongoing and planned infrastructure projects, this area is poised for significant growth in the coming years. The city's focus on developing the surrounding areas can lead to increased land value and commercial opportunities.
Trichy Road Area in Papampatti
Emphasis on Agricultural and Industrial Growth: The Trichy Road area in Papampatti has been identified as a key location for future agricultural and industrial development. This strategic location close to the Coimbatore International Airport and proximity to other important economic centers makes it an ideal place to consider for land investment.
Infrastructure and Transportation: The region is well connected to Trichy Road, which provides connectivity to several parts of Coimbatore and beyond. This makes it easy for both residents and businesses to travel and access services.
Future Projects: Various government projects and initiatives are expected to drive further development in this area, leading to increased demand and value for properties in the long run.
Conclusion
Buying land in Coimbatore's peripheral areas, such as the Avinashi Road near Kathir College and the Trichy Road area in Papampatti, presents excellent investment opportunities in 2020 and beyond. These locations not only offer immediate development potential but also come with the promise of significant appreciation in the coming years. Whether you are a seasoned investor or just starting out, these areas in Coimbatore are worth considering for your real estate portfolio.