Are you someone wanting to buy a house or invest in real estate in Chennai, but cannot single out a preferred area for this purpose? If yes, then you ought to read about and consider flats for sale in OMR, which is one of the hottest locations within Chennai.
OMR or Old Mahabalipuram Road is often referred to as the IT corridor of the city, due to its closeness to IT hubs in Chennai and other expanding corporate workplaces. Besides that, OMR also happens to be a top choice among city dwellers and homebuyers who are searching for flats for sale in OMR.
Chennai is developing rapidly over the past few years and this has caused residential property prices to rise quickly, making it one of the fastest among the cities in India. Earlier buyers in Chennai were hesitant to settle down on the suburbs, but this has changed after the development of the IT corridor. Many people are moving away from the core of the city and migrating to regions like OMR and ECR which have become hotspots for real estate developers due to the immense demand for luxury apartments in Chennai OMR.
Our KG Builders team has rounded up the top reasons why OMR is the most preferred destination for homebuyers. By the end of the blog, you will get an idea about why buying a property in OMR will be a good investment.
Connectivity to Educational & Employment Spots
One of the major advantages of investing in OMR is the proximity to educational centres, IT zones, manufacturing industries, etc. Reputed schools like Padma Seshadri School, Abacus Montessori School, etc and also institutions like the National Institute of Fashion Technology (NIFT), Asian College of Journalism, and many more are located in OMR.
Additionally, OMR is surrounded by a lot of popular companies like TCS, Cognizant, Infosys, Accenture, Wipro, Hexaware, Polaris, etc. Many other IT companies are planning to launch in the coming years. These are the aspects for OMR to become the major residential hub of Chennai.
Excellent connectivity to the rest of the city
The entire stretch of OMR which includes Madhya Kailash to Navalur has great connectivity to the interiors of the city like Adyar, Guindy, and Saidapet. In addition to that, there is the presence of suburban railway services and bus services that offer effective transportation to every corner of the city. There is also a proposed railway line from Chennai to Pondicherry which goes through Cuddalore, Sholinganallur, Thiruporur, and Mahabalipuram which would be an added boost to the OMR region.
OMR is an IT hub, which is one of the reasons why there are a lot of IT/ITES companies. Many multinational companies, as well as reputed Indian companies, are located in OMR. One can reach TIDEL park within 10 mins through OMR, but it takes more than 20 minutes to reach the park through ECR. Moreover, OMR has way superior transportation facilities compared to even GST road.
Capital Appreciation on flats for sale in OMR
OMR is undergoing continuous development, with several industrial projects deemed to come up short. That being the case, the demand for residential projects in this region is expected to grow further in the times to come too. Hence, investing in real estate in OMR will soon fetch you very good returns on investment, as the price of your property appreciates by a good few notches.
One of the greatest things concerning OMR is its well-organized infrastructure. The state government and Chennai metropolitan development authority are implementing various development projects in OMR such as flats for sale in OMR.
These infrastructure projects are organized to ease traffic congestion, enhance water supply, improve sewerage systems, increase greenery and so on. These impeccable developments in infrastructure attract a massive crowd to invest in OMR regions.
Luxury Apartments for an Amazing Lifestyle
If you are dreaming to have a lifestyle of a certain class while living in a premium apartment, then OMR residential Flats for sale in Chennai are the best choice. We at KG Builders have built successfully over the years a set of apartments for sale in omr that caters to the modern-day lifestyle of people. These facilities include swimming pool, indoor & outdoor games, spa & salon, gymnasium, multipurpose hall, clubhouse, and so on.
With the presence of so many restaurants and futuristic amenities, OMR is guaranteed to give an elegant touch to your home. The residential projects in OMR are proven to have an excellent return on investment and are filled with classy architectures as well. If you are looking for long term investments then OMR is the premium destination for you.Tags: apartments for sale in omr Flats for sale in Chennai flats for sale in omr