Old Mahabalipuram Road – A lucrative Investment Hotspot of Chennai

Ishahomes By Ishahomes, 27th Jan 2017 | Follow this author | RSS Feed
Posted in Wikinut>Business>Selling A Business

If you are planning to buy a home in one the potential localities of Chennai, OMR is the right place for you. The area is known for its modern infrastructure and connectivity to major suburbs of Chennai. It offers a serene living experience to its residents, which makes it a good destination for property investments.

Old Mahabalipuram Road – A lucrative Investment Hotspot of Chennai

Buying a property in a metropolitan city like Chennai has become the greatest investment nowadays. The emergence of many car manufacturing companies like Renault-Nissan, Hyundai and Ford along with other factories and industries like IT and Telecom has made Chennai more appealing than other metros. As a result, many real estate properties, including apartments and villas are springing up in the vicinity.

To decide the right place for investment, buyers need to choose the areas where potential growth is expected in the future. Old Mahabalipuram Road (OMR), popularly known as IT/ITES corridor of Chennai is the most sought after place for the automobile workforce and IT professionals. It is well-connected to the city of Chennai through IT expressway. With many educational institutions, entertainment and health care centers, investing in villas in OMR is definitely a wise decision.

Listed below are some reasons that attract potential buyers to make investments in the locality.

1. Infrastructural status

The locality enjoys a good infrastructure. Be it the city center, IT corridor, health care facilities or markets, all of these are in close proximity. The area has some reputed schools and high-quality educational institutions. A balanced mix of residential and retail properties further make OMR a popular location among investors.

2. Well-connectivity

The entire stretch of OMR, right from Madhya Kailash to Navalur ensures impeccable connectivity with the main city. It is the IT/ITES hub of Chennai with many big plush offices all around. The region provides excellent proximity to all major suburbs of Chennai and is well-connected to ECR, GST road, TIDEL Park, Mahindra World City and the ELCOT SEZs.

The Chennai airport is just 30 minutes’ drive from OMR. For areas like Kelambakkam and Velachery, the local bus transport provides the way to smooth accessibility. The projected rail line from Chennai to Pondicherry and Cuddalore, through Kelambakkam, Thiruporur, Sholinganallur and Mahabalipuram, will ensure an added boost to the connectivity of OMR.

3. Serene living

After a long tiring day at work, everyone wants to experience a peaceful drive back to their home surrounded by nice landscaping, traffic-less roads and fresh air. You can enjoy all these along with the astounding sights of seashore as the east coast road (ECR) is near to the OMR locality.

4. Classy neighborhood

There are many posh restaurants and malls nearby. Also, most of the residential projects in the locality have modern and sophisticated architecture. This makes OMR, the best place for those who wish to have a comfortable and luxurious lifestyle.

Real estate experts believe that due to the infrastructural status and strategic location, the demand for luxury villas in OMR has seen quite an increase and is expected to continue in the future as well. An investment here will ensure healthy returns from both short and long term perspective. If you are planning to invest in villas meant for sale in OMR, putting your money in one of the luxury properties in this locality can be a wise decision.


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31st Jan 2017 (#)

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author avatar Priya Sharma
31st Jan 2017 (#)

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