Overview of Billichi Village, Coimbatore

Area and How Easy It's to Get There

• Situated in the Coimbatore North zone, Billichi Village lies near Mathampalayam and Periyanaikenpalayam.
• About 2 km away from Mettupalayam Road, this place is pretty accessible by road.

Kinds of Properties and How Much They Cost

• Plots for Homes: They come in sizes from 1.50 cents to 4 cents. Prices start at around ₹6.49 lakhs per cent (or about ₹1,490 per square foot).
• Land for Homes: You can buy a 3-cent plot at ₹12 lakhs.
• Villas and Apartments: Though not too common, villas and apartments are listed in areas around Coimbatore, including nearby, with prices from ₹75 lakhs to ₹1 crore.

Amenities and Things Needed

• Approved Locations: All plots are approved by DTCP (District Town and Country Planning) and RERA (Real Estate Regulatory Authority), meaning they follow the law.
• Basic Amenities: These include electricity, pipeline water supply, an overhead water tank, a park, an entrance arch, and paved roads.
• Loans from Banks: You might get loans of up to 70% from banks if you buy the land.

Property Prices and Trends

• Price Changes Over Time: In Billichi, Coimbatore, property prices have been going up every year, showing possible good investment growth. However, specific rates per square foot for Billichi are not stated. But the trends indicate that real estate values in this area are increasing.
• Price Range: Detailed rates per square foot for Billichi aren’t provided. Yet, general trends and prices in nearby places and the entire Coimbatore area suggest a wide range.

Legal Issues and Security

• Freehold Ownership: Some properties are available as freehold, which means you own them outright.
• Legal Recognition: Most plots have the legal clear approvals from DTCP and RERA.

PropertyWala's Thoughts

If you are planning to buy or rent a property in Billichi Village, Coimbatore, you will find a mix here of affordability and good infrastructure. With regulatory approvals and basic facilities, it becomes a good choice for living or as an investment. But don't forget to do thorough research and compare different options to get the best deal. And always remember, asking real estate experts for advice helps a lot in making wise choices.