Villas in Coimbatore
Like roman’s, people in Coimbatore are very much attached to villas rather than a Row House or an Apartment/Flat. The concept of an apartment or a flat is very new to this city whereas a villa or an independent house is much familiar for decades & decades. Coimbatore people always preferred to invest on the land instead of the sky.
For the past few years Coimbatore people have started accepting the whole new concept of gated communities with large number of apartments. They are left with no option because villas in the Coimbatore city would cost not less than 4 crore. Such a big amount may not be a great difficult for entrepreneurs & business men but for a salaried employee a villa is definitely not affordable. There are many luxury villas are under construction in Coimbatore.
Apartments in Coimbatore
Apartments in Coimbatore are not much familiar for the past few years as the people are very much attached to individual houses. Due to budget constraint, hike in the lad prices have made the buyers to start looking for flats. Builders are in a fast mode to construct flats in Coimbatore due to the demand from the buyers.
What is an apartment?
An apartment or a flat is a self-contained housing unit (a type of residential real estate) that occupies only part of a building. Such a building may be called an apartment building, apartment house, block of flats, tower block, and high-rise or, occasionally mansion block, especially if it consists of many apartments for rent.