Article

Why Coimbatore is a paradise for retirement homes

Written by Ramya Anbu

Topic: Real EstatePublished April 26, 2017
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The Information Technology/Information Technology Enabled Services sector has transformed the realty map of India. For decades, Bengaluru was known as a pensioner’s paradise. However with the IT boom, the pace of living in Bengaluru has drastically increased and today the metropolis has exchanged this title for a far more snazzy title of IT hub of the country. For pensioners who are looking to move to tier II cities that offer that steady cost of living together with a relaxed lifestyle, Coimbatore has emerged as a top retirement destination. Located in Tamil Nadu, one of the southern states of India, Coimbatore has been an attraction for senior citizens from all over India in past couple of years. This city is in the middle of beautiful mountain ranges including the Nilgiris, and its proximity to Ooty, the world-famous hill station makes it a popular retirement location. We bring you five reasons to consider moving to Coimbatore after retirement. Pleasant Climate Coimbatore is located in the rain shadow region of the Western Ghats. It enjoys a very pleasant weather all the year round. This is further enhanced by the fact that fresh breeze flows through the 25 km long Palakkad gap. Excellent medical facilities Coimbatore boasts of one of the best health care infrastructure is in the country. The city has emerged as a major health-care center for Tamil Nadu and the adjoining areas of Kerala. From Ayurvedic and nature cure hospitals to modern health care centers powered by the latest technology, Coimbatore offers versatility in treatment at affordable costs. So buying real estate here is a good bet for retired folks. Connectivity to other cities Coimbatore has a well-developed transport infrastructure. The city and its suburbs can be traversed using its road networks. The city of Coimbatore is also well connected to other major cities of the country via regular trains and flights. It also offers international connectivity making it an ideal real estate investment destination. Increasing choices in retirement homes and villas Senior citizen homes are gaining popularity mainly among those who are looking for a peaceful and independent lifestyle away from crowded places. Today, there are a large number of developers who are offering luxury retirement homes in Coimbatore. These senior citizen homes in Coimbatore offer a range of especially designed amenities that offer a better lifestyle during the golden years of life. According to a media report by the end of the year, Coimbatore is expected to have more than 1,000 retirement homes . People from different parts of the country are moving into these communities. Even for those who are not keen on living in a retirement community, the land rates for villas and apartments in Coimbatore is lower when compared to other parts of the country. Second career opportunities With a number of industries and companies, setting up a base in Coimbatore, senior citizens are slowly getting many second career opportunities in the companies especially as mentors, consultants and advisors.

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