Summary of Mettupalayam Road Area in Coimbatore

Location and Accessibility

Mettupalayam Road stands out as a well-connected region in Coimbatore, Tamil Nadu. Positioned close to several vital sites and services such as schools, colleges, hospitals, and major highways, it is a highly appealing choice for both buyers and tenants.

Available Property Types

• Apartments: More than 20+ apartments are on the market in Mettupalayam Road, featuring contemporary amenities and excellent connectivity. They include 2, 3, and 4 BHK flats, alongside extensive layouts such as 10 BHK flats.
• Independent Houses: Approximately 9 standalone houses are available, including 2, 3, 5, and 6 BHK configurations, fully furnished and feature various amenities.
• Villas: Upscale villas are also present, with 3 and 4 BHK options often found in meticulously planned neighborhoods.
• Plots/Land: Various residential plots are available for sale in different sizes, permitting multi-story construction. These DTCP approved plots come with perks such as gardens, parks, and main road frontage.

Market Price Details

• Average Sqft Cost: The median price per square foot for properties in Mettupalayam Road is roughly Rs. 6,613, showing an annual increase of 23.79%.
• Cost Per Sqft Range: Prices per sqft range from Rs. 2,800 to Rs. 18,333 for various types of properties.
• Exact Prices:
  • Apartments: Starting at INR 32 Lac for 2 BHK and reaching up to INR 5.50 Cr for larger layouts.
  • Independent Houses: Ranging from Rs 50 Lac to Rs 1.73 Cr depending on size and amenities.
  • Villas: Costing approximately Rs. 5,928 per sqft, with prices spanning from Rs. 2,800 to Rs. 10,909.

Facilities and Infrastructure

• Educational Institutions: Schools and colleges nearby make it ideal for families.
• Healthcare: Nearby hospitals, including Malar Hospital, are easily accessible.
• Transportation: It enjoys excellent connectivity through major roads and public transit.
• Extra Amenities: There are gardens, parks, and other communal facilities that enhance the value of living here.

Investment and Rental Value

• Annual Growth: Property rates in Mettupalayam Road have substantially increased by 23.79% over the past year, pointing to a bright investment future.
• Tenancy Options: Flats and houses are also available to rent, with prices starting around ₹15,000 per month for a 3 BHK flat.

PropertyWala’s Final Say

Mettupalayam Road in Coimbatore is a worthy prospect for buyers and renters thanks to its strategic location, extensive array of property choices, and resilient price trends. The excellent access, closeness to essential facilities, and potential for long-term financial benefits make it an appealing locale. Whether hunting for a modern apartment, an independent house, or a high-end villa, Mettupalayam Road provides both economy and luxury, fitting for different real estate needs.