Karumathampatti, Coimbatore

Property Types
Warehouses / Godowns
Nearby Localities
Somanur

About

Overview of Karumathampatti, Coimbatore

Karumathampatti in Coimbatore, Tamil Nadu, is a rapidly growing residential hub. It mixes affordability, amenities, and strategic location, making it attractive for both buyers and renters.

Property Prices and Trends

  • Average Price per Sqft: Prices average around Rs. 3,511 per sqft, starting as low as Rs. 1,353 per sqft.
  • Year-over-Year Growth: Over the past year, property rates dropped by 15.54%, suggesting a buyer-friendly market.
  • Price Range: Properties span various price ranges, from Rs. 18 Lac for a 1 BHK house to Rs. 89 Lac for a 3 BHK house.

Types of Properties Available

  • Independent Houses: They include 1 BHK, 2 BHK, 3 BHK, and 4 BHK. Many are move-in ready or have possession dates from January 2025 to June 2025.
  • Residential Plots: Plots as small as 653 sq.ft can be purchased at around Rs. 1.36k per sq.ft.
  • Flats and Apartments: Numerous flats and apartments are available, with different amenities and prices.
  • Builder Floors and Villas: These options cater to varying preferences and budgets.

Amenities and Infrastructure

  • Educational Institutions: Close to notable schools like Holy Rosary Matriculation Hr.Sec school, 0.6 km away.
  • Healthcare: Nearby healthcare like PREMA HOSPITAL, just 0.8 km away.
  • Transportation: Easily connected by public transport and landmarks like Somanur railway station.
  • Shopping and Lifestyle: Nearby shopping centers offer lifestyle amenities.
  • Security and Community Amenities: Some areas offer gated communities with 24x7 security, individual pipes, street lights, and other conveniences.

Investment Potential

  • Strategic Location: Karumathampatti's location is ideal for investors seeking rental income and long-term appreciation.
  • Affordability: The declining prices year-over-year recommend a good time for investing.
  • Development: Ongoing projects in the area suggest future growth and development.

PropertyWala's Conclusion

In Coimbatore, Karumathampatti stands out as a compelling real estate opportunity. This area's blend of affordability, strategic location, and amenities caters to different budgets and preferences. Its infrastructure and ongoing projects make it attractive for both residents and investors. To make a decision, consider current market trends and your specific needs.

Reviews

Karumathampatti is a town located in the Coimbatore district of the southern Indian state of Tamil Nadu. It is situated approximately 25 kilometers from the city of Coimbatore, making it a part of the Coimbatore metropolitan area. Here are some key points about Karumathampatti:
1. **Location**: Karumathampatti is strategically located on the NH-544, also known as Coimbatore-Salem Highway. This location provides easy connectivity to nearby towns and cities, including Coimbatore, Salem, Erode, and Tirupur.
2. **Economy**: Traditionally an agricultural area, Karumathampatti has witnessed significant industrial and commercial growth in recent years. The town is home to several small and medium-scale industries, particularly in sectors such as textiles, manufacturing, and agriculture-related activities.
3. **Textile Industry**: Like many other towns in the Coimbatore district, Karumathampatti has a thriving textile industry. It is known for its textile mills and garment manufacturing units, which contribute to the local economy and provide employment opportunities to the residents.
4. **Education**: Karumathampatti and its surrounding areas are home to various educational institutions, including schools, colleges, and training centers. These institutions cater to the educational needs of the local population and contribute to the overall development of the region.
5. **Residential Development**: With its proximity to Coimbatore and the growth of industries in the region, Karumathampatti has seen a rise in residential development in recent years. Several residential projects, including apartments, gated communities, and independent houses, have been developed to accommodate the growing population.

Pros
  • All are very close
Cons
  • 25KM away from Airport
Karumathampatti, Coimbatore is rated 5 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Locality ID
A486961111
PinCode
641659