Coimbatore Real Estate
Chief Minister J Jayalalithaa on Sunday announced several projects worth more than Rs 2,000 crore for infrastructure development in Coimbatore city. The projects include 2,912 houses for the homeless to be built at a cost of Rs 443.6 crore, underground drainage and storm water drains in extended areas of the city corporation at an estimated [...] Continue Reading »
The consumer sentiment in Coimbatore real estate sector has been showing a noteworthy improvement of late. According to CREDAI-Coimbatore President Rajesh B Lund, ‘good, steady sales’ were recorded by all developers in the city last year. Lund said that, with improved consumer sentiment, there has also been a significant increase in realty bookings in recent [...] Continue Reading »
Coimbatore Master Plan is expected to be delayed by another two months. Geographical Information System (GIS) is not expected to be completed by the February 28 deadline. GIS helps to determine the existing land use patterns. The existing land use patterns in the district are being mapped by an eighteen member team of volunteers from [...] Continue Reading »
Rakindo Developers Pvt Ltd, India’s first real estate master planner and developer, to invest about Rs 300-400 crore in this fiscal (2011-2012) across various real estate developments in Coimbatore. The funds will be generated mainly through internal accruals and customer advances. The investment entails the development of a golf course, a golf academy, a sports [...] Continue Reading »
The city’s most expensive apartment is coming up in bustling R S Puram Coimbatore. For the first time, a fully air-conditioned flat in the city has been priced at a record Rs 2 crore. Exorbitantly priced luxury apartments are cruising into Coimbatore’s landscape now. The city’s most expensive apartment, being developed by Coimbatore-based Foundation One, [...] Continue Reading »
