Coimbatore, a green and serene city in Tamil Nadu, is now coming out as a major real estate market. Though it started out as a retirement home or second home destination, the city got a major boost after getting the smart city tag. It is also emerging as an important IT hub in Tamil Nadu and is seeing an influx of young IT professionals and entrepreneurs.
With an emphasis on ‘Housing for All’, the government encourages infrastructure development and improvement in living standards in Tier-II cities like Coimbatore. IT/ITeS, manufacturing and service sectors play a crucial role in its economy and to support the influx residential realty has also been augmented. [Read more…]