COIMBATORE is ranked 19th among the top 20 most liveble cities in asia coimbatore is proud of the fact that coimbatore is one of the few metro cities in india. We are a team of professional real estate advisors, private bankers with an impeccable reputation, and chartered accountants with decades of experience in serving affluent families and real estate attorneys with solid credentials across the world. Prosperity offers advisory services in the real estate market, to individuals, investment trusts family offices and corporate investors across the world.Coimbatore, the second largest city in Tamil Nadu, is known for its natural beauty and its quality of life. Located along the banks of the Noyyal River, the city is surrounded by the lush Western Ghats including the Nilgiri Biosphere Reserve to the north. Also known as Kovai, Coimbatore finds itself in the news regularly for being one of the top places to live in India.
The city is an industrial and economic hub and hosts a number of firms and businesses across sectors such as information technology, healthcare, auto parts, machine tools, jewelers and textiles. It is the largest manufacturing base for pumps and motors in the country and a major center for textiles being home to over 17% of the textile mills in India. Coimbatore also has a special economic zone (SEZ) that focuses on exports and helps the city to earn foreign exchange income of Rs. 25,000 crore. The strong industrial and commercial background makes Coimbatore a great place to work and live a quality lifestyle.
Coimbatore has a strong infrastructure and the government is doing its part to improve it better and stronger. The city is well served by air, rail and roads. The Coimbatore International Airport located at Peelamedu is just 15 km from the city center and is connected to all major airports in the country. There are fly direct to international destinations like Sharjah and Singapore. Coimbatore is well connected by train with other parts of Tamil Nadu and the rest of India. There are regular trains depart from Chennai, Bangalore, Hyderabad, Trivandrum, Cochin, Calicut, Jammu, Mumbai and New Delhi.
The state transport company and various other private companies operate buses to and from the city. Places connected by these buses include cities in Tamil Nadu such as Chennai, Madurai and Tirunelveli, among others. The buses also ply to the neighboring states of Kerala and Karnataka. Coimbatore has a city bus service on top of rickshaws and taxis. There also Metro with 5 lines is a mass rapid transit system (MRTS) proposed to be built in Coimbatore. The road system in the town is very good. Coimbatore is also adding a semi-circular road to link several important areas and decongest any traffic. The city already has two drinking water projects and a third one is coming up soon.
Coimbatore is also a hub for education. There are several universities, nearly 80 engineering colleges, 3 medical and 2 dental colleges, over 30 polytechnic institutes and over 150 regular colleges in the city. It is also far ahead of other Indian cities in terms of healthcare facilities. Coimbatore has over 750 hospitals with over 5,000 beds. In addition, the government city corporation runs 2 maternity homes and 16 dispensaries. The city has also been selected for the Smart City Mission, launched by Ministry of Urban Development. Germany will contribute to the Smart City programmer for Coimbatore. This will help the city to plan better for the future.
Over the last few years, Coimbatore has made great strider in the housing sector. Various renowned developers have built luxurious accommodations for residents and other citizens looking to own a piece of heaven in the city. Some of these developments include gated societies, apartment blocks, condominiums, villas and premium housing estates. Most of these accommodations in Coimbatore are affordable and yet offer the best of facilities and amenities for residents. Moreover, these societies or apartment blocks are located near civic facilities that are essential for daily living. Most of these projects are within walking distance of supermarkets, malls, restaurants, schools, colleges, hospitals, police and fire stations, etc. In addition, the larger complexes have their own shopping centers for the residents to purchase their daily needs.
Coimbatore has a population of over 22 lakh that makes it the 16th largest urban cluster in the country. According to the 2011 census, the city had a sex ratio of 997 females for every 1,000 males, higher than the national average. The average literacy rate in the city was 91.30%, again quite higher than the national average of 72.99%.
Over 68% of the population is of working age from 15-59 years. As of 2011-12, over 33% were self-employed, while more than 55% were salaried employees. The town has a per capital income of Rs. 65,781.
Coimbatore is managed by the Coimbatore Municipal Corporation under five administrative areas, viz., East, West, North, South and Central. Each of these regions is further subdivided into 20 wards with each ward being administered by a local councilor. The councillors for the wards are appointed through public elections, and these councilors are responsible for electing the city mayor from among themselves. The Mayor is usually termed the first citizen of the city and is the primary person responsible for its administration. The executive branch of the corporation is headed by a Corporation Commissioner. The executive wing is responsible for basic civil services such as water supply, sanitation and roads.
The Coimbatore city police is headed by a Police Commissioner who is an IPS officer. He is supported by four Deputy Commissioners and 19 Assistant Commissioners, in addition to other personnel such as Inspectors, Sub-Inspectors, Head Constables and Constables. The police also have a ministerial staff that includes Senior Administrative Officers, Section Superintendents, Personal Assistants, Assistants and Junior Assistant, among others.
The areas in the city that are outside the city limits are governed by local administrative units such as panchayats. These panchayats may be for the village or the smaller towns in the larger urban cluster that forms the city of Coimbatore. These local bodies are further subdivided into wards with each ward being headed by a duly elected councilor as was the case for the municipal corporation. The head of a local body is called the President. The city has one parliamentary seat and 10 legislative assembly seats.
Coimbatore quickly emerging as a lifestyle city. Though most people have the misconception that people are cost conscious and not willing to spend or enjoy, the reality is actually quite different. The advent of software companies and multinationals saw a rise in the number of young workers in the city. And unlike the earlier generation that still has not been able to let go of the lifestyle of pre-liberalization India, the younger crowd does not identify with this way of living. They expert the best in the world and they get them.
The city has three amusement parks, a Formula 3 racing circuit, more than 15 Multiplex Cinema Halls and three malls, among other entertainment options. Some of the high profile retail brands have also entered the market place. New shopping destinations, parks, theme parks, multiplexes, cafes, restaurants, etc. have come up or are coming up as Coimbatore embraces the 21st century. Developers across the country have identified this trend and are building residential and commercial complexes, malls, multiplexes and much more to cater to the demand.