Coimbatore Sees 52% Surge in Housing Sales Value in Q1 2025

Introduction to Coimbatore's Real Estate Boom

Coimbatore Sees 52% Surge in Housing Sales Value in Q1 2025 Coimbatore, a key city in South India, has seen a big jump in its residential real estate market. In the first quarter of 2025, the city's housing sales value saw a huge 52% increase, reaching ₹1,120 crore. This is especially notable given the overall 8% drop in unit sales across India's top 15 tier-2 cities during the same period.

Key Highlights of Coimbatore's Growth

  • Sales Value Increase: Coimbatore's sales value grew by 52%, beating other cities like Lucknow, which saw a 48% increase.
  • Unit Sales Growth: Despite the national trend, Coimbatore also experienced a 21% rise in unit sales, making it one of the few cities to see growth.
  • Market Dynamics: This surge suggests a shift towards more valuable properties or increased demand for premium housing in Coimbatore.

Coimbatore in Context

  • National Scenario: Across the top 15 tier-2 cities, there was an overall drop in unit sales, with cities like Visakhapatnam facing a 37% decline.
  • Comparative Growth: Lucknow led the pack in unit sales growth with a 25% increase, while Coimbatore focused more on value growth.

Factors Contributing to Coimbatore's Success

  1. Economic Growth: Coimbatore's strong industrial base and economic stability could attract more investments.
  2. Infrastructure Development: Improvements in infrastructure may enhance the city's appeal to potential buyers.
  3. Market Trends: The city's focus on luxury properties attracts high-net-worth buyers Overall, Coimbatore's performance in the first quarter of 2025 highlights its promising real estate landscape, bucking broader trends to achieve substantial growth in sales value.