Madurai and Coimbatore: The hotspots of real estate investment in Tamil Nadu

Madurai and Coimbatore: The hotspots of real estate investment in Tamil Nadu Why is Madurai being preferred as the next hotspot for real estate investment in Southern India by NRI's?

Madurai, India has always been known to tourists as the city of temples or the 'Athens of the East' by travelers all over the world. Although this city has significant historical importance in the past, it has now developed into a major industrial, commercial and social hub of infrastructure in the state of Tamil Nadu, India. The rapid industrialization and advancement that has taken place in this city, even though it is still known for its historical significance by most of the world are yet unbelievable.

The city of Madurai has become the center of industrial production of automobiles, granite, textile, rubber and one of the fastest developing IT centers among the Tier-II cities in India. The city of Madurai also has a rapidly developing agricultural sector which has been kept separate from residential and industrial growth that the city is experiencing without any sense of conflict between the two. The lifestyle of the city has a great mix of art, literature, technology and modern society which has attracted people not only from the country but has been able to grasp the attention of NRI investors as well.

Why houses for sale in Madurai do have grabbed the attention of NRI and local Indian real estate investors?

There are various important factors that have contributed to the rise in demand for a house for sale in madurai, India. Some of the factors are given below:  The weather, lifestyle, and culture of the city have attracted many NRI's and Indian nationals to increase the demand for a house for sale in Madurai to settle down in the city.

The availability of land has attracted many developers to construct affordable as well as luxury houses for sale in Madurai due to the rising demand among the NRI and settlers from all over the country.  The city of Madurai, India is also known as an education hub with several top schools and colleges, which have given rise to the advancement of social, commercial and industrial infrastructure. This rise in the urban population within the city gave rise to the demands of the houses for sale in Madurai.  The development of Madurai, India as one of the fastest growing IT hubs among the TierII cities in India. This has brought with it a huge number of IT professionals who need a place to settle down, which in turn became one of the best opportunities for NRI and Indian real estate investors to invest in a house for sale in Madurai.

 The price of a house for sale in Madurai is still growing and therefore NRI's started investing early when the price is low will give them a great return on investment when they would list their house for sale in Madurai a few years down the line.  The culture and lifestyle of the city of Madurai because of the amazing literacy rate which is at 91%. This is due to the presence of a large number of the youth population.

This also attracted the NRIs to invest in a house for sale in Madurai as they could relate to such a modern lifestyle better.  The city of Madurai has excellent connectivity as it has its International airport as well as good road and railway connectivity. This also helped in its rapid expansion and provided the NRI and Indian real estate investors the best opportunity to invest in houses for sale in Madurai in its rapidly growing economy.

Why houses for sale in Coimbatore do have attracted the attention of the NRI and local Indian real estate investors?

Coimbatore is also known as the 'Manchester of South India' due to the enormous textile hub it is known for. It is also known to be one of the fastest-growing Tier II citied in India due to the various social, commercial and industrial fast-paced developments it has shown. This has attracted the attention of the NRI real estate investors as they have seen the signs of development and rapid growth and expansion of the city due to the boom in the industrial and IT sector. Some of the top reasons why real estate investors are searching for a house for sale in Coimbatore are as follows:  The rapid IT sector boom has surely helped to attract more professionals from all over the country and along with them NRI and big real estate developers who have invested in some of the best affordable and luxury houses for sale in Coimbatore.  The lifestyle of the city along with the magnificent weather has also been one of the prime reasons, NRI is shelling out money to buy a house for sale in Coimbatore.  It is a great destination to live in for the NRI's as well as the IT professionals due to the rapidly developing commercial and social infrastructure of the city which includes great nightlife with malls, restaurants, and good schools. This has increased the demand for a house for sale in Coimbatore.  The tag of being a great shopping district with an international airport as well as excellent road and rail connectivity has made owning a house for sale in Coimbatore so attractive for NRI's and Indian nationals.

Housing.com has been rated by NRI's to be one of the best websites for property search in cities of India like that of Coimbatore and Madurai. It has some of the best features which have made it so successful among the NRI's and the modern Indian house seekers. The users can themselves be buyers, sellers, and renters of property through the website. Some of the advanced filters in the housing.com website have helped in earning the trust of its users, like:

 Listing RERA compliance properties for its users has helped them to be protected from housing scams and frauds.  The vast types of properties available on the website like an independent house, apartments, penthouses, villa, duplex and many more have given its users more options for properties to choose from.  The various filters like the direction of the face of the property, the number of bathrooms, type of seller like direct owners, developers or brokers, and many other options have made it one of the best websites to search for properties in India.