Land acquisitions for real estate projects saw a slight dip in the last fiscal year, but listed companies remained active, particularly in Tier II and III cities like Coimbatore. These developers are increasingly focusing on housing projects in these cities, driven by shifting consumer demand towards branded developers.
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Coimbatore North, Coimbatore
What’s new in Coimbatore North, Coimbatore? Recent & Future Developments
The Coimbatore Corporation's proposed 2026-27 budget primarily features ongoing projects, such as the Noyyal river front development, bio-CNG initiatives, and waste-to-energy plants, including provisions for the completion of projects like the Ukkadam bus terminal and underground drainage works.
Coimbatore's real estate market demonstrated steady growth in 2025, with Vilankurichi plots experiencing a 24.7% annual rise. Peelamedu and Saravanampatti averaged ₹4,900–9,450 per sq. ft. The report notes that urbanization is deepening in Tier-II cities like Coimbatore, supported by new highways and metro extensions, which have strengthened buyer trust through RERA compliance.
The second Master Plan for Coimbatore, released by Chief Minister M.K. Stalin, outlines a vision for the city's development by 2041. Key proposals include a 119.3 km outer ring road, nine industrial clusters, and five economic corridors, aiming to foster economic growth, improve transport systems, and accommodate a projected population of 58.4 lakh.
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