Coimbatore is one of the tier 2 cities in India, which has emerged as a preferred real estate destination. The city is known for its industrial hubs and educational institutions. A part of the Smart Cities Mission, Coimbatore has witnessed new infrastructure developments such as the Coimbatore Metro project. These factors are key growth drivers for the real estate developments in the city. Further, Coimbatore has over 25,000 industries and thriving IT hubs. It has attracted several property buyers, including working professionals looking for affordable housing.
Coimbatore real estate
Coimbatore, also known as the Manchester of India, is popular for its textile and automobile industries, educational institutions and healthcare facilities. Besides the upcoming Metro project, Coimbatore is set to witness the expansion of the Coimbatore International Airport and other projects such as upcoming Defence Industrial Parks. These developments are expected to generate increased demand for real estate in the city. Further, affordable property prices are a major factor that has attracted buyers and investors to the city.
Best localities to buy a house in Coimbatore
| Locality | Price in Rs per square foot (sqft) |
| RS Puram | Rs 7,697 |
| Race Course | Rs 7,272 |
| Peelamedu | Rs 9,099 |
| Gandhipuram | Rs 9,000 |
| Saravanampatti | Rs 5,900 |
| Singanallur | Rs 5,900 |
| Saibaba Colony | Rs 6,000 |
RS Puram
RS Puram is a prominent residential neighbourhood and a commercial hub in Coimbatore. The locality has several multi-national companies, government offices, shopping hubs, schools, restaurants and cultural centres. RS Puram attracts many home seekers, especially working professionals, due to these factors. There are a variety of housing options available in this area for buying and renting. These include 1 and 2 BHK apartments to spacious 5 BHK houses.
Race Course
Race Course is a central locality in Coimbatore that is well-connected to other parts of the city. It is around 11 kilometre (km) from the Coimbatore International Airport. The area has well-developed social infrastructural facilities such as educational institutes and healthcare centres. There is ample greenery in the area, and several parks are available for the public. The locality offers several high-end residential properties, including 3, 4 and 5BHK apartments.
Peelamedu
Peelamedu is a residential locality and a prominent commercial centre in eastern Coimbatore. The area is close to the international airport, which is around 4.5 km. Several IT/ITES and Tech parks are present in the vicinity. Moreover, Peelamedu has well-developed social infrastructural facilities, including hospitals, schools, malls, etc.
Gandhipuram
Gandhipuram is a commercial locality in Coimbatore. The locality has several IT offices and SEZ parks. The region has schools, colleges, commercial centres, and tourist attractions. Coimbatore railway station and public transportation are easily accessible from the area. Gandhipuram is a preferred choice for working professionals. The locality offers several housing options, such as affordable 1 and 2 BHK homes.
Saravanampatti
Saravanampatti is a fast-developing residential neighbourhood in northeastern Coimbatore. It is an IT corridor of the city with several offices, which makes it a popular destination among working professionals. The locality offers social infrastructural facilities such as retail centres, colleges, etc. The area is witnessing upcoming residential projects offering 2 and 3BHK apartments.
Singanallur
Singanallur is a premium neighbourhood in Coimbatore with excellent road connectivity to other parts of the city via Trichy Road (NH-181), Kamarajar Road and Vellalore Road. Moreover, the Coimbatore International Airport and the Coimbatore Junction Railway Station are located within 10 km. There are facilities such as retail stores, schools, markets and healthcare centres, which ensure a comfortable lifestyle for the residents. There are 2, 3 and 4 BHK homes available for homebuyers.
Saibaba Colony
Saibaba Colony is an and upscale neighbourhood in Coimbatore, which is popular due to the presence of the Sai Baba temple and other religious places. Moreover, there are employment hubs in the area, such as the AK Tech park, which attracts a lot of working professionals looking for homes. The area is well-connected to other residential areas such as Gandhipuram and RS Puram.
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Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.
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