Overview of Chettipalayam, Coimbatore

Location and Accessibility

Chettipalayam lies in the Coimbatore district of Tamil Nadu, India. This area boasts relatively easy access to different parts of Coimbatore, making it attractive for people wanting to buy or rent here.

Property Prices

• For Purchase:

  • Properties in Chettipalayam start around Rs. 1,032 per sq ft.
  • Average pricing hits around Rs. 4,178 per sq ft.
  • The most expensive properties can reach up to Rs. 3,838 per sq ft.

• Examples of Sale Listings:

  • 1 BHK - For ₹17.9 lakhs in a property of 600 sq ft.
  • 2 BHK - Offered at ₹21 lakhs for a 700 sq ft property.
  • 3 BHK - Priced at ₹75 lakhs for a 900 sq ft unit.

Rented Properties

• Rental Costs:

  • Rentals start as low as Rs. 1,000 per month but vary by location, space, and amenities.
  • Typical monthly rents range from Rs. 6,000 to ₹11,000 for 1 and 2 BHK properties.

• Examples of Rent Listings:

  • 1 BHK - Rs. 6,500 for a 650 sq ft place.
  • 2 BHK - For ₹10,000 per month in a 750 sq ft unit.
  • 2 BHK - Also available for ₹11,000 per month for a 1050 sq ft area.

Property Varieties

• Available for Purchase:

  • Houses
  • Villas
  • Apartments
  • Independent homes.

• For Rent:

  • Houses
  • Apartments
  • Independent homes
  • Builder floors.

Price Developments and Market Situation

• Growth Over Last Year:

  • Chettipalayam has seen a 6.36% drop in property prices in the last year, signifying a favorable situation for buyers.

• Current Market:

  • This trend shows profitable opportunities for both buying and selling properties, considering recent trends and conditions.

Amenities and Infrastructure

Though specific amenities aren't outlined, Chettipalayam likely houses basic facilities like schools, workplaces, and transit options because of its connection to Coimbatore.

PropertyWala's Summary

The Chettipalayam region in Coimbatore offers a fair real estate market with a variety of choices for both buyers and tenants. Despite recent declines in prices, it provides good value for those looking to buy or live here. Prospective buyers and tenants should think about factors like proximity to important services, the safety of the neighborhood, and the properties’ overall status. Due to its excellent connectivity and varied property types, this area proves to be a solid choice for real estate prospects in Coimbatore district.