Lavik Estates : First residential project in Coimbatore, Bala Sundaram Road - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Saturday, March 05, 2016

Lavik Estates : First residential project in Coimbatore, Bala Sundaram Road

Lavik Estates, which is launching its first residential project in Coimbatore on March 5, 2016, the focus is on design and details.

Mr. Laxman D. Vaidya, Founder, Lavik Estates says that focused approach and design in a project will improve the quality of life for the residents.

The firm is entering the market in the city with a project in the premium segment. Some of the significant factors for a project are location, price and size of the units. There are customers from nearby towns and cities in Coimbatore who want to invest in a property here as they come to the city to spend the weekend. Though the market is good for premium segment residential units, such projects should be smaller in size.

The other areas of potential in Coimbatore are ‘Grade A’ commercial spaces and assisted living facilities, where the emphasis is on the services provided. Lavik would take up projects in other cities if it gets the right partner. Lavik Shanthi on Bala Sundaram Road will have 31 residential units.

The average size of each will be 2,000 sq. ft and all the houses will be three bedroom ones with modular kitchen, air conditioners, imported tiles and fittings.


The project, which will see an investment of nearly Rs. 75 crore, will be completed in 30 months. The project will have a club house, sky lounge, and two car park areas for each house. The focus is on services provided, details of even small things in each residential unit, and life style that the buyers will enjoy, he says.
Lavik Estates : First residential project in Coimbatore, Bala Sundaram Road Reviewed by S. Chitra on March 05, 2016 Rating: 5 Lavik Estates, which is launching its first residential project in Coimbatore on March 5, 2016, the focus is on design and details. Mr....

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