Overview of Ramanathapuram, Coimbatore

Location and Connectivity

• Ramanathapuram finds itself nestled in the bustling heart of Coimbatore, bordering fancy neighborhoods like the Race Course locality.
• This area shines in connectivity; it is divided by Trichy Road (part of National Highway 81) and important roads like Puliakulam Road, Nanjundapuram Road, Sowripalayam Road, 80 Feet Road, and Sungam Bypass Road.
• Near key places, it doesn't lag far behind: 4.6 km to Town Hall, 10 km to Coimbatore International Airport, 4.1 km from the City railway station, and 6 km from Gandhipuram Central Bus Terminus.

Infrastructure and Development

• Ramanathapuram enjoys good infrastructure, one example being the Trichy Road Flyover (Ramanathapuram-Sungam flyover) to tackle traffic congestion.
• The flyover opened on 11th June 2022, featuring a four-lane overpass with 119 pillars, boosting transit efficiency.

Amenities and Facilities

• With lovely infrastructure and a warm ambiance, Ramanathapuram earns its position as a top residential area.
• The locality houses numerous educational institutions, including good schools, preschools, and the Sri Sai Institution nursing college.
• Several commercial, business establishments, hospitals, and essential amenities can be found nearby.

Property Prices and Trends

For Buyers

• Here, properties begin at Rs. 4,245 per sqft with the average hitting Rs. 6,040 per sqft.
• Independent houses range from Rs. 1.40 Cr to Rs. 4 Cr, varying with the number of bedrooms and amenities.
• Apartments and builder flats also feature, from INR 58.3 Lac to INR 1.35 Cr.

For Renters

• The rental choices: Flats and standalone houses available for rent.
  • 1 BHK flats for around Rs. 9,500 to ₹10,000 per month.
  • 2 BHK flats and houses fall in a range from Rs. 10,500 to ₹20,000 per month.
  • 4 BHK flats can be rented for about ₹45,000 a month.

Property Types

• Independent Houses: Available from 2 BHK to >10 BHK, costing from Rs. 1.40 Cr to Rs. 4 Cr.
• Apartments: Ranging from 1 BHK to 5 BHK, both furnished and unfurnished, priced between INR 58.3 Lac and INR 1.35 Cr.
• Builder Floor Apartments: Available for rent or sale, prices and amenities vary.

PropertyWala’s Conclusion

Ramanathapuram stands out as a prime residential zone in Coimbatore, boasting excellent connectivity, sound infrastructure, and proximity to key amenities. Its strategic location and ongoing improvements make it a hot spot for both buyers and renters. With diverse property choices ranging from affordable apartments to luxurious homes, Ramanathapuram meets various budget needs and lifestyle preferences. Whether to invest or live, this locality offers convenience, comfort, and potential for great long-term appreciation.