Coimbatore’s Western Ring Road on track for commencement, foresees enhanced city connectivity and massive infrastructural development
It will not be longer before commuters from Coimbatore will have an easier route to travel to the outskirts of the city, avoiding the hustle and bustle of the city’s busy traffic. The commencement of the Coimbatore Western Rin g Road which has been in talks for the past few years is just a few months away from being fully operational. The Government has already proposed releasing the tender, post which the works will soon be scheduled to be comp leted within mere months.
The works will see the development of the 32.4 km, a four-lane road connecting Madukkarai on the Coimbatore-Palakkad Road to Narasimmanaickenpalayam on the Mettupalayam Road, which is anticipated to reduce traffic congestion on city roads by almost 40%, mainly for motorists who will take the route to travel to Mettupalayam, Nilgiris, and Mysuru. The proposed road expansion project will cover localities which will include Madukkarai, S undakamuthur, Perur, Chettipalayam, Theethipalayam, Madhampatti, Chellappa Palayam, Siruvani Road to Kan uvai and Anaikatti Road to Narasimhanaikenpalayam in three phases thereby enhancing the connectivity netwo rk of the city and also reducing the travelling time between the two points by one-third. This initiative by the gov ernment to upgrade and extend road connectivity across the state however has an overlooked side of the story, which is the infrastructural development on the Ring Road and its vicinity following being operative. The locatio n has always been a desired target spot for upscale real estate and social development ever since its initial propo sal.
The recent update on the progress of the Western Ring Road is anticipated to naturally increase the momentum of land acquisition by real estate developers as its vicinities are already witnessing large land parcels being sold for commercial and residential purposes where high-end civil amenities like schools, hospitals, entertainment av enues like malls, cinema theatres, and gated residential communities are proposed to operate in the coming yea rs. Another significant highlight of the Western Ring Road is that it will have good connectivity with the Coimba tore (L&T) Bypass Road, an emerging hotspot for major infrastructural development which is in proximity with the upcoming Rs. 1,132 crores Coimbatore airport expansion project, Rs. 225 crores proposed defense corridor project, and the Rs. 168 crores Vellalore integrated bus terminus, which will be the largest integrated bus stand.
Development around Coimbatore Western Ring Road Vicinage:
The growth of ring roads around the nation clearly indicates that the Coimbatore Western Ring Road is going to see a splurt of real estate development once it is up and running, which is not very far away. The development of this project post-completion is expected to thrust Coimbatore into being an emerging global destination. The cit y has already established numerous IT and software hubs which include TIDEL Park, Tata Consultancy Services, Cognizant Technology Solutions, Robert Bosch, DELL, KGISL, and CSS Corp Pvt Ltd with many more organizati ons coming up. These improvements are currently drawing in thousands of people to migrate into the city. Real Estate properties at this point are selling like never before. Regions that will benefit from the progress of the ro ad expansion are expected to skyrocket triple fold of its current investment especially places like Kovaipudur (al so known as Little Ooty), which are capable of sustaining residential, commercial, and industrial establishme nts, making it the perfect spot to cater to the upcoming future Coimbatore. Buyers are investing in land plots and pa rcels in large volumes here as the region already has numerous amenities which include schools, colleges, super markets, commercial offices, restaurants, and residential communities. With the initial phases of road expansion on track to commence, it will be of no surprise when all the development comes into place and merges with exist ing amenities, the land appreciation rate and real estate value of the land will be sky-high.