Overview of Annur, Coimbatore

Location and General Information

Annur is a part of Coimbatore, known for industry, technology, education, and a good climate. This is one of the areas within the Coimbatore real estate market that has grown a lot in the last few years.

Property Prices

• The starting price of homes in Annur is roughly Rs. 483 per square foot but can vary.
• Typically, homes here cost around Rs. 4,212 per square foot, with the most expensive going up to Rs. 4,545 per square foot.

Market Trends

• Annur properties have gone up by 13.73% every year in price, showing a very good market.
• Now is a good time for selling or buying properties here as the price trend favors both options.

Types of Properties Available

• Annur provides many styles of houses, including standalone houses and villas.
• The area lists both budget-friendly and upscale homes to cater to different budgets.

Rental Market

• Rent here starts around Rs. 3,000 per month for houses and apartments.
• Rental places come in various sizes, costs, and locations, including houses, villas, flats, and more.

Important Factors Impacting Property Rates

• Infrastructure Improvement: Though details about Annur are limited, overall infrastructure development in Coimbatore, like new roads and airport expansions, can raise property values.
• Industry and IT Growth: As Coimbatore is an industrial and tech center, this drives the need for homes, and affects prices in nearby areas like Annur.

Advantages and Disadvantages

Advantages

• Yearly growth in the market is strong.
• Varied property options, affordable to luxury.
• Benefits from the city's growth in infrastructure and economy.

Disadvantages

• Not much specific info about local facilities and services in Annur.
• Prices can move based on trends in Coimbatore's broader market.

PropertyWala's Final Thoughts

Annur, Coimbatore is a good real estate option with a healthy market and various property choices. Though it fits into Coimbatore's economic and infrastructure growth, people should look into nearby amenities, developments, and special factors affecting properties in Annur. This research will help people make smart choices within their plans and budget.