Q:Has the construction work for the Manchester Sitara project started already? How much time will it take to be available? I’ll be moving to Coimbatore soon, so I was looking for a nice apartment complex to invest in. So will the Manchester Sitara be a reliable investment? Let me know, people!
Latest Answer: Totally. And not just the connectivity, the project is pretty interesting on its own. The apartments available are all 2bhks, but with varying built-up area sizes. It lies between 885 square feet and 1205 square feet, and the price rate is the same for all – Rs 4600 per square foot. So they will cost you between Rs 40.71 lacs and Rs 55.43 lacs. If you book the apartment now, then you will get the apartment at the time of the possession, which is announced to be early next year.
Q:Hey I heard that Coimbatore real estate is really doing well. Is it because of any new infrastructural developments around here? Is it a good time to invest in property now?
Latest Answer: Yeah the Coimbatore Tirupur Erode corridor is already affecting the real estate market quite a bit. I think by the time its completed we’ll get to see a further rise in property prices around these areas, especially Coimbatore, which is already the number one real estate market in south India. The development of this corridor will help in creating more jobs and there will be an influx of people from different parts of the country flocking towards Coimbatore. Developers have already started acquiring land around this corridor.
Q:Any information on the Ramanis Coconut Grove project? Date of completion, apartment prices, bank approvals, etc? I was thinking of buying a home there.
Latest Answer: The 1bhks in this project have an area lying in the range 480 to 568 square feet, and they cost between Rs 15 to 18 lacs. The 2bhks have an area between 1081 and 1143 square feet and they will cost you between Rs 33 to 35 lacs. The 3bhks have an area of 1339 to 1413 square feet and will cost you between Rs 41 to 44 lacs. I think the prices are quite reasonable and you can definitely go for this property.
Q:Will be moving to Coimbatore pretty soon. Was looking at properties, when I came across the Cordon Bleu Central Park project. Does anybody have any details regarding this property?
Latest Answer: Hey, the guy above me is right about the apartment details of the Cordon Bleu Central Park. All those different types of apartments have the same price rate though – Rs 4200 psf. So if you want a 2bhk, then it will cost you between, 48 to 53 lakh rupees, a 3bhk will cost you 52 to 82 lakh rupees, and the 4bhk will cost you 97 lakhs. The possession date of this project has already been annlounced to be by the end of this year i.e. December 2014.
Q:I'm looking for a 2 BHK apartment in a good locality in Coimbatore, like Gandhipuram. I came across the Everest Emerald project in that locality. Can someone pls tell me some details about the project, like the sale price, sq. ft. size, possession date, etc.?
Latest Answer: The Everest Emerald is one of the latest “smart” homes, which uses modern technology to make the overall living comfortable and efficient. It is located on the Dr. Radhakrishna Road, near Omni bus stand, in Gandhipuram. You can find out more information about this project from the Commonfloor webpage, just follow the link http://www.commonfloor.com/everest-emerald-coimbatore-floor-plan/prfp-bk2ax0.
Q:I will be moving to Coimbatore from Patna pretty soon for work. I’ve heard a lot about the locality of R.S. Puram, and I’m thinking of buying a 2BHK apartment there. Can anyone tell me if R.S. Puram is a good residential area to move into with my family?
Latest Answer: Also there is some illegal power connection issue in this locality. Some illegal dealings have occurred as commercial and residential buildings have been offered low tension connections. So now they can get remaining power supply from other locality transformers. This is being investigated.