Othakalmandapam in Coimbatore is currently experiencing a significant real estate boom, marked by rapid property appreciation and increased development activity. Key indicators of this boom include:
Sharp Rise in Property Prices: Property rates in Othakalmandapam have seen a year-on-year increase of over 42% to 54.9% in the last year alone, with average prices now around ₹3,148 per sqft and some listings reaching up to ₹4,333 per sqft

Pros

• The area offers a calm and relaxed atmosphere, providing a respite from the noise and bustle of city

Othakalmandapam is a residential area on Coimbatore to Pollachi main road. It is very near to colleges, schools, hospitals.

Pros

• Colleges, schools, hospitals are near
• Well connected

Cons

• Othalkalmandapam is a panchayat approval area