Many people are keen to invest in properties in Coimbatore as the city is a booming IT hub. Coimbatore properties have also gained from the city’s new status as the second largest producer of software in Tamil Nadu. The city is ranked 17 among all the global outsourcing cities. With several major IT companies opening their offices in the city, many youngsters have migrated here in search for good employment opportunities. With the opening of IT parks the job creation opportunities and demand of Coimbatore properties has also increased. The city's pleasant climate and affordable land rates has also prompted many companies to buy properties in Coimbatore.
Vilankurichi is the IT hub of Coimbatore and therefore property in Vilankurichi is in high demand. Amongst all Coimbatore properties the apartments in Vilankurich have witnessed highest price appreciation. Many people who have migrated to the city have preferred to take homes near their offices and therefore the demand for property in Vilankurichi has increased manifold.
As the region saw tremendous IT growth in the nearby areas several real estate developers saw the growing demand in the area and came up to offer apartments in Vilankurich. In the region one can buy or rent luxury as well as budget apartments in Vilankurich. Here an average 2 BHK property in Vilankurichi earns a rental of around Rs. 10,000.
Although in the last two years Indian real estate sector has not performed too well, but the same cannot be said for Coimbatore properties. The city’s realty sector has performed very well and experts feel that it will continue to perform well in the future also. With the expansion of IT sector the city’s realty market will to see a spurt in growth. The city is hence a good investment option for all those who want to invest in affordable properties.
Vilankurichi is the IT hub of Coimbatore and therefore property in Vilankurichi is in high demand. Amongst all Coimbatore properties the apartments in Vilankurich have witnessed highest price appreciation. Many people who have migrated to the city have preferred to take homes near their offices and therefore the demand for property in Vilankurichi has increased manifold.
As the region saw tremendous IT growth in the nearby areas several real estate developers saw the growing demand in the area and came up to offer apartments in Vilankurich. In the region one can buy or rent luxury as well as budget apartments in Vilankurich. Here an average 2 BHK property in Vilankurichi earns a rental of around Rs. 10,000.
Although in the last two years Indian real estate sector has not performed too well, but the same cannot be said for Coimbatore properties. The city’s realty sector has performed very well and experts feel that it will continue to perform well in the future also. With the expansion of IT sector the city’s realty market will to see a spurt in growth. The city is hence a good investment option for all those who want to invest in affordable properties.
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