Coimbatore Real Estate Boom?!

Sponsored by OruAcre.com

Real Estate Boom

One of my friend was asking if all the things happenning in Coimbatore are:
Hype or Reality?!

My answer to him was Yes and No.
Why I say Yes:
By March 23rd Dr.Kalaignar Karunanidhi is coming to Coimbatore and he is inaugurating the IT Park location.
This is reality.
So, things are happenning. Corporates like HCL, Satyam etc., are buying land left and right in Coimbatore.
This is reality.
Real Estate is booming - this is reality and a hype too. Whoever has money invests into it. Once Coimbatore becomes a developed city, then comes the real return of investment for whatever you might have invested in Coimbatore.

Hype is what people make about more than what it appears in Coimbatore to NRMs. NRMs do not see it first hand. So, whatever happens, NRMs get the news second hand and they have to believe it. At the pessimistic person's suspicious eyes, it looks like it is a hype. Not for everyone. We will see once it happens.

Whatever it is - all said and done -
Definitely something is happenning and
it is a reality for Coimbatore to become a GREAT MADURAI!!!