Here are some points that you might want to keep in mind before purchasing a residential property in
Before opting for a property, it is wise to check whether the property adheres to the norms of RERA.
RERA, or the Real Estate Regulatory Authority (RERA), is a statutory body aiming to maintain
transparency and accountability in India’s real estate sector. RERA is an administrative body formed
by the Real Estate (Regulation and Development) Act of 2016, under the Government of India and is
present in all states.
You can check whether a particular property or builder in Coimbatore is adhering to the norms of
RERA by looking their details up on the RERA portal of Tamil Nadu.
You should always allocate a budget before purchasing a property. Although there are loans
available, you should plan to pay the down payment, monthly instalment, and all other charges like
stamp duty and registration charges.
You should evaluate the escalating rates in property prices for a particular location in the upcoming
years. Assess the locations that will witness completion of the development projects like highways
and metro connectivity. It will result in the rise of property prices in the future.
If you are planning to invest in a particular builder’s property, check their past projects and their
status. You must check whether there are any on-going court cases against the builders or the
Why buying apartments In Coimbatore Is Beneficial:
Are you planning to buy homes in Coimbatore? Perhaps you’re looking for a place to buy a vacation
home, or you’ve heard about the city’s booming real estate market. Either way, buying a home in
Coimbatore can be very beneficial, and here are some of the reasons why:
1. Coimbatore is listed among the top 10 areas in India that offer
promising opportunities for low-budget real estate investment:
With its growing population and real estate, Coimbatore is a great place to buy a 2BHK & 3BHK
apartments. The city offers many affordable housing options that are suitable for all budgets.
2. Coimbatore has some of the best educational institutions in
Coimbatore is a significant hub for academics in South India, boasting some of the most esteemed
educational institutions around. The city hosts an abundance of both state-owned and private
universities that offer premier courses across various disciplines. As such, buying homes in
Coimbatore will be a great option for families looking to give their children the best education.
3. The city is known for its world-class healthcare services:
In Tamil Nadu, Coimbatore ranks as the second city after Chennai in providing affordable and high-
quality healthcare services that meet international standards. Additionally, Coimbatore is a popular
destination for healthcare among the transient population from nearby towns and districts and those
from neighbouring districts of Kerala. This makes buying homes in Coimbatore very attractive for
people looking to access the city’s world-class healthcare services.
These are just some of the reasons to buy homes in Coimbatore. With its excellent educational
institutions, healthcare services, and booming real estate market, Coimbatore offers a great
opportunity for those looking to invest in property. So whether you’re planning a vacation home or just
looking to buy a house, Coimbatore is definitely worth considering. Be sure to explore the city’s many
options and find the perfect property for you!