This industrial presence has not only fueled economic growth but also generated employment opportunities for the local populace.

Simultaneously, Korattur has emerged as a sought-after residential locality, offering a mix of housing options ranging from independent homes to modern apartments.

Its appeal lies in its affordability, coupled with essential amenities like schools, hospitals, and markets, catering to the needs of its residents.

Despite its industrial and residential prosperity, Korattur faces challenges typical of urban areas, including traffic congestion and environmental concerns.

However, concerted efforts by local authorities and community involvement are paving the way for sustainable development and enhancing the overall quality of life in the area.

The Korattur Lake present north of the railway line, is an important sightseeing place in this town.

Despite major habitat loss in the present decade, this lake still houses a good animal and plant life.