Recent & Future Developments

What's New in Udayampalayam, Coimbatore

Live news feed — last updated 23 July 2026

23 Jul2026

Residents Urge Government to Withdraw Proposed Waste-to-Energy Plant at Vellalore

Environmental organizations and residents have urged the Tamil Nadu government to withdraw the proposed waste-to-energy plant at the Vellalore landfill. They contend that the technology is unsuitable for mixed municipal waste and that many countries are moving towards decentralized waste management.

Source: The Hindu

29 Apr2026

Land Acquisitions for Realty Projects See Slight Dip in FY26, Tier II Cities Active

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.

Source: The Economic Times

20 Feb2026

Coimbatore's Urban Development: Library, Stadiums, Airport Expansion, and Budget Focus

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.

Source: Construction World, The Hindu

08 Jan2026

Coimbatore Real Estate Market Shows Resilience and Growth in 2025

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.

Source: Outlook India

06 Jan2026

Coimbatore Master Plan 2041 Envisions Outer Ring Road and Industrial Clusters

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.

Source: The Hindu

Property Demand vs Supply