Coimbatore, the second-largest city in Tamil Nadu, has been experiencing rapid growth and development in recent years. This has led to an increased demand for residential plots in the city and its surrounding areas.
In this comprehensive guide, we’ll explore the various options available for those looking for residential plots for sale in Coimbatore, including low budget land for sale in Coimbatore.
Table of Contents
Why Invest in Residential Plots in Coimbatore?
Before diving into the specifics of available plots, let’s understand why Coimbatore is an attractive destination for real estate investment:
- Economic Growth: Coimbatore is a major industrial hub, with a thriving textile, manufacturing, and IT sector. This economic prosperity translates to a growing demand for housing.
- Education Hub: The city is home to numerous educational institutions, attracting students and faculty from across the country.
- Infrastructure Development: Ongoing and planned infrastructure projects are set to boost the city’s connectivity and livability.
- Climate: Coimbatore’s pleasant climate makes it an attractive place to live year-round.
- Affordable Real Estate: Compared to other major cities in India, Coimbatore offers relatively affordable real estate options.
Now, let’s explore some of the popular areas for residential plots in Coimbatore.
Popular Areas for Residential Plots for Sale in Coimbatore
1. Saravanampatti
Saravanampatti is a rapidly developing area in the northern part of Coimbatore. It’s especially popular due to its proximity to IT companies and educational institutions.
Key Features:
- Close to IT parks and companies
- Good connectivity to the city center
- Developing infrastructure
- Plots available from ₹10.9 lakhs per cent
2. Kinathukadavu
Kinathukadavu is an emerging locality that offers affordable residential plots for sale in Coimbatore. It’s an excellent option for those looking for low budget land for sale in Coimbatore.
Key Features:
- DTCP approved plots available
- Prices starting from ₹4.9 lakhs per cent
- Close to educational institutions like Akshaya College of Engineering
- Good road connectivity
3. Sulur
Sulur is gaining popularity due to its proximity to the Coimbatore International Airport and industrial areas.
Key Features:
- DTCP approved plots available
- Prices starting from ₹9.25 lakhs per cent
- Close to the airport
- Developing infrastructure
4. Kovilpalayam
Kovilpalayam is another area that offers affordable residential plots for those seeking low budget land for sale in Coimbatore.
Key Features:
- DTCP approved plots
- Prices starting from ₹7.90 lakhs per cent
- Peaceful surroundings
- Potential for future appreciation
Low Budget Land for Sale in Coimbatore
For those on a tight budget, there are several areas where you can find affordable residential plots for sale in Coimbatore:
1. Vadasithur
Located near Kinathukadavu, Vadasithur offers some of the most affordable plots in the Coimbatore region.
Key Features:
- DTCP approved plots
- Prices starting from ₹2.90 lakhs per cent
- Suitable for long-term investment
2. Navakkarai
Navakkarai is an excellent option for those looking for larger plots at affordable prices.
Key Features:
- Farm land available
- Prices starting from ₹3.10 lakhs per cent
- Plot sizes ranging from 2.3 to 25 cents
- Peaceful, rural surroundings
3. Kunnathur
Kunnathur offers a good balance of affordability and potential for future appreciation.
Key Features:
- DTCP approved plots
- Prices starting from ₹5.5 lakhs per cent
- Plot sizes ranging from 2 to 5.5 cents
- Developing area with good future prospects
Factors to Consider When Buying Residential Plots in Coimbatore
When looking for residential plots for sale in Coimbatore or low budget land for sale in Coimbatore, keep these factors in mind:
1. Legal Approvals
Ensure that the plot you’re interested in has all the necessary legal approvals, particularly DTCP (Directorate of Town and Country Planning) approval. This ensures that the land can be used for residential purposes and reduces the risk of legal issues in the future.
2. Location and Connectivity
Consider the plot’s proximity to essential amenities such as schools, hospitals, and shopping centers. Also, check the area’s connectivity to major roads and public transportation.
3. Infrastructure Development
Look into current and planned infrastructure projects in the area. These can significantly impact the plot’s future value and livability.
4. Size and Dimensions
Make sure the plot size and dimensions suit your needs. Consider factors like the number of floors allowed for construction and any building restrictions in the area.
5. Soil Quality and Topography
Check the soil quality and topography of the land. This can affect construction costs and the structural stability of your future home.
6. Future Appreciation Potential
Research the area’s growth prospects and upcoming developments. This can help you gauge the potential for future appreciation of your investment.
Residential Plots for Sale in Coimbatore: Featured Projects
Let’s take a closer look at some featured projects offering residential plots for sale in Coimbatore:
1. VKV Karun Garden
Location: Kinathukadavu, Coimbatore
Plot Sizes: 1,800-2,000 sqft (167-186 sqm)
Price Range: ₹10 – 15.05 Lakh
Key Features:
- DTCP approved
- Gated community
- 30 and 40 feet tar roads
- Electricity and water connections
2. Smart City Promoters Project
Location: Sulakkal, Coimbatore
Plot Size: 1,200 sqft (111 sqm)
Price: ₹2.75 Lakh
Key Features:
- North-East facing plots
- Overlooking park/garden
- DTCP approved
3. Abirami Garden
Location: Kinathukadavu, Coimbatore
Plot Size: 1,350 sqft (125 sqm)
Price: ₹4.9 Lakh
Key Features:
- Located on Kovai to Pollachi highway
- Gated community
- Solar street lights
- 24/7 CCTV surveillance
4. Pogalur Grand
Location: Pogalur, Annur, Coimbatore
Plot Size: 1,200 sqft (111 sqm)
Price: ₹4.25 Lakh
Key Features:
- North-East facing corner property
- Located on Annur to Mettupalayam highway
- DTCP approved
Low Budget Land for Sale in Coimbatore: Hidden Gems
For those specifically looking for low budget land for sale in Coimbatore, consider these options:
1. Ettimadai Plots
Location: Ettimadai, Coimbatore
Plot Size: 4,360 sqft (405 sqm)
Price: ₹1.0 Lakh
Key Features:
- Large plot at an incredibly low price
- Suitable for long-term investment
- One floor allowed for construction
2. Brindhavan Garden
Location: Pollachi, Coimbatore
Plot Size: 1,500 sqft (139 sqm)
Price: ₹2.9 Lakh
Key Features:
- TNHB approved
- Freehold property
- Suitable for residential purposes
3. Budget-Friendly Plots in Arisipalayam
Location: Arisipalayam, Coimbatore
Plot Size: 1,400 sqft (130 sqm)
Price: ₹3.8 Lakh
Key Features:
- TNHB approved
- East-facing plot
- Two floors allowed for construction
Tips for Buying Residential Plots for Sale in Coimbatore
- Do Your Research: Thoroughly research the area, its development prospects, and current market rates before making a decision.
- Visit the Site: Always visit the plot in person before making a purchase. This will give you a better idea of the surroundings and any potential issues.
- Check Legal Documents: Ensure all legal documents are in order. Consider hiring a lawyer to verify the documents if you’re unsure.
- Negotiate: Don’t hesitate to negotiate on the price, especially for low budget land for sale in Coimbatore.
- Consider Future Costs: Factor in additional costs such as registration fees, development charges, and potential construction costs when budgeting for your plot.
- Verify Approvals: Double-check that the plot has all necessary approvals, especially DTCP approval for residential use.
- Check for Encumbrances: Ensure the land is free from any legal disputes or encumbrances.
The Future of Residential Plots in Coimbatore
Coimbatore’s real estate market is poised for growth, making it an attractive destination for both homebuyers and investors. The city’s expanding IT sector, improving infrastructure, and relatively affordable real estate prices are likely to drive demand for residential plots in the coming years.
Areas like Saravanampatti, Kinathukadavu, and Sulur are expected to see significant appreciation due to ongoing and planned development projects. For those looking for low budget land for sale in Coimbatore, emerging areas like Vadasithur and Navakkarai offer excellent opportunities for long-term investment.
As the city continues to grow, we can expect to see more planned communities and integrated townships offering residential plots for sale in Coimbatore. These developments are likely to come with modern amenities and infrastructure, catering to the evolving needs of homebuyers.
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What is the average price of residential plots in Coimbatore?
The price of residential plots in Coimbatore varies widely depending on the location and amenities. Prices can range from as low as ₹2.75 lakhs per cent in some areas to over ₹20 lakhs per cent in prime locations.
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Is it a good time to invest in residential plots in Coimbatore?
Yes, with Coimbatore’s growing economy, improving infrastructure, and relatively affordable real estate prices, it’s considered a good time to invest in residential plots in the city.
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What should I check before buying a residential plot in Coimbatore?
Before buying a plot, check for DTCP approval, clear title deeds, encumbrance certificate, location, connectivity, soil quality, and future development plans in the area.
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Which areas in Coimbatore are best for affordable residential plots?
Some affordable areas for residential plots in Coimbatore include Kinathukadavu, Sulur, Kovilpalayam, and Vadasithur. These areas offer plots starting from ₹2.90 lakhs to ₹9.25 lakhs per cent.
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Are DTCP approved plots better for investment?
Yes, DTCP (Directorate of Town and Country Planning) approved plots are generally better for investment as they ensure legal compliance and reduce the risk of future disputes or issues with construction approvals.
Conclusion
Coimbatore offers a wide range of options for those looking to buy residential plots, from premium locations to low budget land for sale. By considering factors such as location, legal approvals, and future development prospects, you can make an informed decision that suits your needs and budget.
Whether you’re looking to build your dream home or invest in Coimbatore’s growing real estate market, the city’s residential plots offer promising opportunities. With careful research and due diligence, you can find the perfect plot to meet your requirements and potentially benefit from future appreciation.
We’d love to hear about your experiences or questions regarding residential plots for sale in Coimbatore. Have you recently purchased a plot in the city? Or are you considering buying one? Share your thoughts and queries in the comments below, and let’s discuss the exciting opportunities in Coimbatore’s real estate market!