Why to Buy a Home or Flat in OMR, Chennai?
Rajiv Gandhi Salai - Old Mahabalipuram Road (OMR) is the most happening place in Chennai, which is popularly known as the ‘IT corridor’. Located close to major localities in Chennai, OMR has most of Information Technology, BPO and ITES companies in its stretch. The road begins from Madhya Kailash temple in Adyar and continues south till Mahabalipuram, Kancheepuram District. The IT Corridor has all the IT big shots like TCS, Infosys and CTS with their own facilities in the locality. As the result of enormous growth in IT sectors, there has been a huge demand for real estate development in OMR. Further most of the IT professionals are looking to buy a flat or apartment in OMR. Understanding the situation, the real estate developers have started to build many residential apartments in and around OMR. Due to the residential demand, the property prices have been increased to 40 to 50 per cent in the last two years.
Recently, a township is created in Shollinganallur by Tamil Nadu Government´s THNB. With 4000 dwellings, the township has the easy access to IT parks, schools, bus terminus, arterial roads, play grounds and parks. Further, the township located next to upcoming Rs.1000 crore, National Maritime University Complex. In the recent year, the leading construction and real estate companies from other states also engaged in real estate development. The real estate developers build most of the apartments in OMR with all the basic amenities like jogging area, parks, health clubs, sports clubs, supermarkets etc.
Transportation: The transportation in OMR is very frequent, as the Metropolitan Transport Corporation (MTC) buses runs almost 400 trips on this road. Apart from it, we can also use the MRTS train facility which starts from the Chennai Beach station. Moreover, Southern Railway is planning to lay a new railway line that will connect Chennai, Pondichery and Cuddalore.
Education: There are important colleges located in OMR, which includes Hindustan College of Engineering, St. Joseph´s College of Engineering, National Institute of Fashion Technology, Jeppiaar Engineering College, Mohammed Sathak Arts & Science College etc.
With all the features and advantages, it´s the best time to invest in OMR to avail various benefits.