Coimbatore Leads Tamil Nadu’s Property Registration Revenue Growth
Record-Breaking Growth in 2024-25
Coimbatore saw a remarkable 14.42% rise in property registration revenue during FY 2024-25, generating ₹2,003 crore — a ₹255 crore increase over the previous year. The district registered 219,000 property documents, surpassing Chennai and other major Tamil Nadu districts. This upward trend shows strong demand, stricter regulatory enforcement, and streamlined digital processes.
Key Drivers Behind the Boom
1. Rising Transaction Volumes and Market Confidence
Industrial and IT Expansion: Coimbatore’s status as a manufacturing hub, along with new IT ventures has boosted demand for commercial and industrial properties.
Warehousing Growth: Increased logistics investments in areas like Appanaickenpatti and Selakarichal have driven demand for storage facilities and distribution centers.
Suburban Development: Infrastructure improvements near bypass roads have spurred residential growth in outlying areas.
2. Stricter Compliance Measures
No-Nonsense Documentation: Officials now handle every transaction without any rejections, eliminating loopholes that previously avoided stamp duty payments.
Policy Driven Absolutely: The Tamil Nadu government’s focus on transparent registrations for better revenue tracking and reduced fraud.
3. Digital Transformation
- Accelerated Processes: Digitized registration platforms cut delays, attracting buyers and investors seeking efficiency.
Market Competitive Positioning
| Metric | Coimbatore | Tamil Nadu Average |
|---|---|---|
| Revenue Growth | 14.42% | ~10% (estimated) |
| Registration Volume | 2.19 lakh documents | ~1-2 lakh (other districts) |
| Key Drivers | IT, defense, warehousing | Mixed sectors |
Future Outlook and Challenges
Government Priorities: The Tamil Nadu budget for 2024-25 allocates ₹47,681 crore for capital expenditure, including infrastructure that will likely benefit real estate.
Sustainability Concerns: Rapid growth demands balanced urban planning to avoid strain on existing services.
Coimbatore’s real estate sector now faces limited room for error. With deeper investments in infrastructure and continued digital innovation, analysts predict sustained growth in this industrial powerhouse.