Overview of Kangayam Road, Tirupur

Where It Is and Getting There

• Kangayam Road, nestled in Tirupur, is famed for its big textile industry.
• This area is centrally located, with prominent landmarks and essential services nearby.

Types of Properties and Availability

• Looking to buy? Options here include residential houses, builder floor apartments, and plots.
• Most homes are 3 BHK, taking up around 50% of properties.
• They range from ₹20 Lac to ₹40 Lac for around 33% of properties, with another 17% up to ₹20 Lac and 17% above ₹40 Lac.
• Seeking to rent? Houses, apartments, and commercial spots are all available.
• Most rentals are 2 BHK, priced between ₹5K to ₹15K per month. Exactly, 50% are ₹10K - ₹15K, and 25% range from ₹5K to ₹10K.

Prices and Property Trends

• For buyers:
  • Plots start at around ₹9 Lac.
  • 1 BHK houses are usually around ₹22 Lac.
  • 2 BHK houses: priced around ₹25 Lac.
  • 3 BHK houses and builder floor apartments: range from ₹41 Lac to ₹92 Lac.
• For tenants:
  • 1 BHK rents start around ₹7,700 monthly.
  • 2 BHK rents range from ₹11,000 to ₹15,000.
  • 3 BHK apartments can rent for about ₹20,000 per month.

Amenities and Infrastructure

• Essential services like water supply, power, and safety are all available.
• The area is close to hospitals, like DSK hospital, and schools, like Barathi Vikas School.

Real Estate Projects and Market Prospects

• New real estate projects like G Square Green Earth and G Square Starlight are blossoming here.
• This area has investment potential, particularly for residential plots and houses.

Legalities and Documents

• Make sure to have all documentation in order, and consider a professional inspection before buying or renting in this place.

PropertyWala's Final Thoughts

Kangayam Road in Tirupur is a rising star in real estate. Whether you're looking to buy or rent, the area caters to diverse budgets and tastes. Its central location, access to key services, and exciting new projects present excellent opportunities. Yet, always check, verify the property's condition, legalities, and nearby area before any final decision.