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Where Should You Buy Your Second Home, Ooty or Coonoor?

Posted on August 20, 2013 by Ajeesh Jose in Info for Buyers

Where Should You Buy Your Second Home, Ooty or Coonoor?

As a potential buyer, you might have heard of Nilgiris as a great place to own your second home, especially Ooty. But some real estate experts suggest that if you prefer a calm life, you may look into Coonoor as well. Confused? look into the following details of each place, see which one would suit your preferences of a vacation home or a retirement plan.

Ooty and Coonoor are nearby areas in Nilgiri hills, if you are travelling from Coimbatore, you go through Coonoor to Ooty. Since they
are about 23 Kms apart, there is a slight variation in climate, altitude, population, ambience, facilities and way of life. Here are few points which might help you make a decision.

Ooty
Pros

  • Ooty is well known around the world as the queen of hillstations, it’s an easy, prestigious address.
  • Rental income can be higher as there are many tourists visit Ooty throughout the year.
  • Many Good hotels to dine out.
  • Tourists hotspots such as Botanical garden, government rose garden, Ooty Lake, Toda huts, Ooty Mountain Railway, St. Stephen’s Church etc.
  • Its closer to Muthumalai forest, with easy access.
  • It has got more hospitals, government offices and shops.
  • Diverse recreational activities such as mountaineering, rock climbing, hang gliding and cycling are more prominent.
  • Top schools and colleges in the country are located in Ooty. Please refer to a list of schools in Ooty.

Cons

  • Its overcrowded throughout the year.
  • Retirees may prefer a calmer area.
  • The climate can sometimes be extreme.

Coonoor
Pros

  • Climate is moderate when compared to Ooty all throughout the year.
  • Comparatively less crowded.
  • Huge pine trees decorating the landscape to give you a feel of a misty European country side.
  • Healthy culture and more secure as it’s the regimental headquarters of Madras Regiment of Indian Army.
  • Moderate climate when compared ot Ooty which is slightly colder.
  • Sims park in Coonoor offers a wide variety of plants; spread in 12 hecatares which hosts annual fruit show.
  • It’s a preferred location for many retirees.
  • Proximity to Golf courses.
  • Tourist attractions include Dolphin’s Nose Viewpoint, Lamb’s rock, Law’s falls and Droog fort used by Tipu Sultan in 18th century.
  • Top schools and colleges in the country are located in Coonoor too. Refer this list of schools in Coonoor.

Cons

  • Not as many dining options as in Ooty.
  • Lower rental income, compared to Ooty.

Investing any of the above has its own advantages. When you combine your personal requirements, you will be able to make a better decision that will suit both your refreshing needs and investing needs well. Look at your requirements, what you prefer the most – entertainment, rental income, appreciation of investment, retired life, schooling of kids, then make a decision.

 


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