The real estate prices in Coimbatore(Tamilnadu-India) is skyrocketing(increased manyfolds) due to the Tamilnadu govt's proposed plan of promoting Tier cities as a hot investment destination(especially in IT).....Will the price fall or remain increasing?
According to the current market, now the price tag is minimum 300% rise in main areas of coimbatore.....One of the reason for this is many real-estate brokers,promoters have blocked the land for booking high profit....
How the real estate will behave in future? especially in Coimbatore?.....
Many metros and other cities have this experiance(sudden increase in land price and falling after some time)....can coimbatore take their experiance ? Am planning to buy a property....but i have to spend a lot to buy a small piece of land......can i wait for some period for the market to fall.....
can anyone help in this?...
2006-11-25 16:13:28 · 4 answers · asked by bv_satishkumar 1 in Business & Finance ➔ Renting & Real Estate
What goes up, must come down. In the USA, many people were buying homes, and now they can not get rid of them. My own brother has 4 homes in Florida for sale(Florida took the biggest hit) Nothing sold for a whole year. He is miserable. However, it did look good in the beginning when he was buying it 2 years ago...I would wait for the market to stabilize if I could
2006-11-29 14:21:17 · answer #1 · answered by sheba 3 · 1⤊ 0⤋
Coimbatore Real Estate Prices
2016-12-17 15:27:42 · answer #2 · answered by halyard 4 · 0⤊ 0⤋
Coimbatore will yiled good , and among the cities in TN coimbatore is regarded in the top preference.
Even in the nearer Tirupur, the prices are higher than in Coimbatore. Both are good choices.
2006-11-25 16:29:59 · answer #3 · answered by adapoda 3 · 0⤊ 0⤋
Its like the stock Market which can change rapidly, but due to increase in IT industries may change the aspect ratio, so that it could increase rapidly,
2015-05-25 20:36:28 · answer #4 · answered by dil 1 · 0⤊ 0⤋