Overview of Vaiyampalayam, Coimbatore

Location and Connectivity

Vaiyampalayam, a locality in Coimbatore, Tamil Nadu, stands out for its excellent connectivity to nearby schools, markets, hospitals, and other essential amenities. Situated inside Coimbatore corporation limits, it is near key IT hubs such as Saravanampatti, which houses companies like Cognizant, Dell SEZ, Bosch, and KGISL IT Park.

Property Types and Pricing

• Residential Plots: Around 54% of properties in Vaiyampalayam are residential plots. These plots differ in size and price, with some ranging from ₹16.5 Lac to ₹25.8 Lac, covering areas from 1798 sq.ft to other dimensions.
• Residential Houses: Typically featuring 2 BHK arrangements, these houses sell for ₹43 Lac to ₹69 Lac in ready-to-move conditions. They often include amenities like gated communities, LED street lights, plantations, grand arch black top roads, and secured compound walls.
• Price Ranges: Properties listed for sale fall heavily in the ₹20Lac - ₹40Lac (35%) and ₹40Lac - ₹60Lac (28%) ranges.

Amenities and Facilities

• Educational Institutions: The locality is close to major schools and colleges.
• Healthcare: Nearby facilities include Lotus Eye Hospital, ARUDRA Family Dental Care, and Subham Medical Center.
• Infrastructure: Properties usually come with modern amenities such as gated communities, LED street lights, plantations, black top roads, drainage systems, and 24/7 bus services.

Rental Options

People looking to rent can choose between individual houses and apartments. Here are a couple of examples for rental prices:

• ₹9,000 for a 2-bedroom individual house.

Investment Potential

Vaiyampalayam is a strong option for investment, thanks to its expanding neighborhood and ease of access to local amenities. The presence of significant IT companies and educational institutions makes it appealing for both residential and commercial investments.

New Projects

Several new projects are in development in Vaiyampalayam, spearheaded by developers like XS Real Properties, Casagrand Builder Pvt. Ltd., G Square Realtors Pvt Ltd, and Sri Baby Property Developers Private Limited. These projects offer residential plots and houses along with various amenities and should be ready for possession in the coming years.

PropertyWala's Conclusion

In Coimbatore, Vaiyampalayam is a notable real estate opportunity, particularly for individuals looking for solid connectivity, modern amenities, and long-term investment potential. It offers a mix of residential plots and ready-to-move houses catering to different buyer needs. Close to IT hubs and educational institutions, healthcare facilities, it is a perfect choice for families and professionals. Nevertheless, thorough research and site visits are advised before taking any real estate decisions.