Detailed Overview of Terraspace Sumeru (Coimbatore)

Explore TerraSpace Sumeru, offering luxurious living spaces. Discover modern amenities and elegant design for a sophisticated lifestyle.
Home Loan
3 min
04 April 2024

Terraspace Sumeru, a residential project located in the serene foothills of the Western Ghats in Kovaipudur, Coimbatore, offers a unique blend of nature and modern living. This project is not just about owning a home but about leading a lifestyle that is a cut above the rest.

Bajaj Housing Finance offers home loans that are designed to make your dream of owning a home a reality. With competitive interest rates, flexible repayment options, and swift approvals, Bajaj Housing Finance ensures that financing your home is as easy as choosing it.

About Terraspace Sumeru

Terraspace Sumeru spans across 9 acres and includes 249 homes. It offers a safe and secure gated community with 5.8 acres of open space. The housing options include apartments, villas, and row houses, catering to a wide range of preferences and budgets.

Why Choose Terraspace Sumeru

There are many compelling reasons for choosing Terraspace Sumeru in Coimbatore.

Its location at the foothills of the Western Ghats offers a peaceful environment, far away from the bustling city but close enough for convenience. Being close to the Western Ghats also makes it a few degrees cooler than Coimbatore. Its proximity to schools, colleges, and top hospitals makes it convenient for families with children and elderly members.

The houses are designed with a focus on functionality and aesthetics, with great attention to detail and quality construction. With a wide variety of housing options, Terraspace Sumeru (Coimbatore) caters to a diverse range of preferences and budgets, making it suitable for different types of buyers. It also offers a plethora of amenities, providing ample opportunities for recreation and a healthy lifestyle.

Given its location, quality construction, and range of amenities, Terraspace Sumeru (Coimbatore) is a good investment opportunity as well.

Features and amenities of Terraspace Sumeru

The project features a grand 12,000 sq. ft. clubhouse with amenities like a swimming pool, party hall, pool deck, gym, table tennis, library, cinema hall, board games, convenience store, medical centre, and an ATM.

In terms of outdoor activities, Terraspace Sumeru (Coimbatore) provides expansive parks, children’s play areas, basketball and shuttle courts, football and sports grounds, dedicated walkways and a dedicated cycle path.

Terraspace Sumeru (Coimbatore) is dedicated to providing a safe and carefree living experience with features like CCTV surveillance, visitor parking spaces, power backup facility, internet, laundry facility, common area housekeeping, intercom services, 24/7 security personnel, in-house maintenance staff, automatic water systems, water softeners, and STP.

Floor plan of Terraspace Sumeru

The first phase of the Terraspace Sumeru (Coimbatore), which is sold out, included villas, row houses, and 2 BHK apartments. The 2 BHK apartments have a super built-up area of 1,097 sq.ft. The second phase, currently open for booking, includes 80 luxury 3 BHK apartments with large floor plans. Some of these also feature private terraces on the third and fourth floors.

The floor plans are designed to optimise space utilisation, and the build-up areas are generous, offering plenty of comfortable, living space.

Applying for a home loan for Terraspace Sumeru

You can conveniently make Terraspace Sumeru your dream home with a tailored home loan from Bajaj Housing Finance, offering amounts up to Rs. 15 crore*.

The online application process is simple, requiring basic documentation, including identity and address proof, income/ business proof, and account statements for the last 6 months. Post verification, the approval process is smooth and swift, and you can expect disbursal within 48 Hours*.

Bajaj Housing Finance is committed to ensuring that your home loan is affordable and not a financial burden on you. Enjoy competitive interest rates starting from 7.99%*  p.a. and repay at your own pace, with flexible repayment tenures extending up to 32 years. You can also access a top-up loan from Bajaj Housing Finance for any additional expenditures that you may incur through similar, hassle-free processes.

A home loan from Bajaj Housing Finance is exactly the robust support you need to make Terraspace Sumeru your new home. Apply today!

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

What is the complete address of Terraspace Sumeru (Coimbatore)?
Terraspace Sumeru is a prestigious residential project situated in the scenic locale of Kovaipudur, Coimbatore, Tamil Nadu. It’s nestled behind the renowned VLB College of Arts and Science on Thottarayan Kovil Street.
Is Terraspace Sumeru (Coimbatore) a good place to live?
Terraspace Sumeru, with its blend of modern architecture and comfortable living, offers an unparalleled lifestyle. Its strategic location, coupled with the tranquillity of its surroundings and its array of modern amenities, makes it an ideal place to call home.
What are other residential projects near Terraspace Sumeru (Coimbatore)?
In the vicinity of Terraspace Sumeru, there are several other notable residential projects. These include JRD Vistara Green Villas, Nisarga Avenue II, G Square World, Nisarga Avenue III, and Rakindo Orchids, each offering unique features and amenities.
What documents are required to avail home Loan at Terraspace Sumeru (Coimbatore)?
To secure a home loan for a property at Terraspace Sumeru from Bajaj Housing Finance, you would need to provide proof of identity and address, proof of income, bank statements for the last 6 months, and income/ business proof.
How to check stamp duty and registration charges in Terraspace Sumeru (Coimbatore)?
The stamp duty and registration charges applicable for properties in Coimbatore, where Terraspace Sumeru is located, are currently 7% and 4% respectively. These charges are calculated based on the market value of the property and are payable at the time of property registration.
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