KG Group's Town and City Developers launches new residential project at Peelamedu

Business MInutes

KG Group's Town and City Developers (TNCD) , one of Coimbatore’s leading real estate developers launched its latest resident project called United City at EllaiThottam Road, Peelamedu.


The project was launched by SanjanaVijayakumar, Co-Founder, Suresh Kumar, Senior Vice President, Joshua, Marketing Head,Town & City Developers on Thursday.


Sanjana Vijayakumar chaired a press conference post the launch of the project, which is their 18th residential project. “ Town and City Developers have been revolutionizing the housing market of Coimbatore with projects in prime locations, and this project – United City – too is in a prime location, at the heart of Peelamedu. We have 197 flats under 1 BHK, 2 BHK and 3 BHK categories coming up here with some of the finest amenities that will enhance the lifestyle of the residents,” she said.


Suresh Kumar shared that the location at which TNCD builds properties adds great value to customers. “This project is very near to 10+ colleges (from Polytechnic, Arts to Engineering and even Medical Colleges), 10+ reputed schools, very close to railway station, high quality multi-speciality hospitals and near to airport, a good entertainment and shopping destination, and much more,” he said.


Working with the motto, Quality houses for Everyone, TNCD has provided 15+ essential amenities to customers like indoor gym, play area for kids, smart-home features, mini hall, reflexology pathways, EV charging points, etc. Besides this, the project comes with several value additions such as branded lifts, STP with DG back-up, groundwater supply, ample ventilation, provision for washing machines at balconies, etc.


1 BHK starts at Rs. 29.99 lakhs, 2 BHK starts at Rs.48.99 lakhs and 3 BHK starts at Rs.64.99 lakhs. 90% loan facility and 80% loan facility for 1 BHK and 2 BHK respectively can be arranged by TNCD as it has tied up with 10 banks to provide loan support to customers. At present the interest rate is 8.4%.


Middle Class and IT professionals have been the pre-dominant customers of TNCD, and already 50% of the units under this new project has been sold, Sanjana shared.

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