Overview of Goundan Palayam, Coimbatore

Goundan Palayam, found in Coimbatore, is a locale offering numerous real estate gigs for selling or renting properties.

Property Availability

• As of now, the market offers a few but selective properties in Goundan Palayam. For instance, there's at least one available for sale and one for rent.
• One notable listing includes a plot for selling, priced at 1.12 Cr, with an area of 3920 square feet.

Kind of Properties

• Plots and Land: The predominant available property type in Goundan Palayam is residential plots. These plots are offered at competitive prices and various sizes.
• Houses and Apartments: Though less frequent, there are opportunities for houses or apartments, but these are not as often listed as plots.

Prices

• The average cost per unit area in Goundan Palayam is around Rs. 5158.0 per square foot.
• Specifically, plots like the one noted, are priced at 1.12 Cr for 3920 square feet, indicating a range of pricing depending on the size and location of the property.

Amenities and Infrastructure

While specific about amenities in Goundan Palayam aren't very rich, we recommend considering below when judging the community:

• Proximity to Essential Services: Ensure the property is near schools, hospitals, shopping areas, and other essential services.
• Transportation: Check the area's accessibility by public and private transportation means.
• Security and Utilities: Verify the availability of security services, and the backup for water and electricity.

Benefits and Drawbacks

Benefits:

• Cost-Effectiveness: The rates in Goundan Palayam are often fairly priced when compared with other areas in Coimbatore.
• Potential Growth: Purchasing a plot here might be a smart move given the potential for development.

Downsides:

• Limited Choices: The quantity of available properties is restricted, which might limit your options.
• Less Facilities: Compared to popular places like Saravanampatti or Kovilpalayam, Goundan Palayam can have fewer amenities and offerings.

PropertyWala's Wrap-Up

Goundan Palayam shows a special opening up in real estate investment, especially for those eyeing plots and land. While the area may not provide the vast set of amenities and services found in more popular localities, it could be a feasible choice for those searching for affordable and possibly rewarding investments. It’s key to thoroughly review the property’s state, legality clearances, and upcoming development possibilities before making up one’s mind.