We have been posting information on Various investments in Coimbatore on IT, Manufacturing and Business sectors. The following activities are going on in developing real estate in addition to the much publicised ELCOT ‘s IT park.
- 4 IT parks with with 3.5 lakh sqft area have already been completed.
- 3 more IT parks at 3.25 lakh sq.ft area are under construction.
- 10 more are proposed with 9.25 Lakh Sq. Ft
- The KG group has acquired 160 acres near its existing campus on Thudiyalur road (near Saravanampatti) for developing it as ITES and BPO Special Economic Zone.
- ELCOT has identified 109 acres in the Bharathiar University campus itself for the proposed BU-ELCOT city.
- Two Malls with 2.5 Lakh Sq. Ft area and Six more on pipeline with 4.2 lakh Sq. Ft.
- Two major townships — Sahara Township and Metro Corp Monte Visa are coming up.
- More than 20 major residential units, totally with 3,000 apartments, are expected to get completed in the next three years.