Since buying a home is one of the biggest investments in one’s lifetime, it is important to take into consideration the price. The right time to buy a flat is the time when you can get the best value for your money. The time is perfect to buy apartments in OMR, as being the IT corridor of Chennai, the area offers huge scope for growth and development. As buying a home here is currently affordable, the time is right to invest and reap rich returns in the future.

The OMR is truly a residential hub as it offers easy access to numerous top schools and colleges, renowned IT companies, reputed corporate houses and prominent hospitals. With the demand and supply situation in housing being fairly well balanced and the infrastructure well organized to handle increasing demand, several reputed builders in OMR are offering ready-to-move-in homes. Whether you are looking for a studio apartment or a 4 BHK, this stretch has it all! Most real estate players on the OMR encourage the concept of community living. So if you are looking for a wholesome life, here’s where you need to be.

Good Infrastructure Development

Even though OMR is situated on the outskirts of Chennai, it is the city's greatest growth corridor. The future of this area has been enhanced by several planned and ongoing infrastructure initiatives. Several of the suggested plans consist of:

PHASE 2 METRO RAIL: The communities along OMR would benefit greatly from Phase 2 of the Chennai Metro Rail, which runs for 118.9 km and covers territories from Madhavaram to SIPCOT.

MULTI-DECK ELEVATED CORRIDOR: The Tamil Nadu government has planned a three-deck elevated route that will connect to the metro rail.

CHENNAI PERIPHERAL ROAD PROJECT: The planned route will improve the smooth connection from the suburbs to the city center by connecting eight state highways and four national highways (NH5, NH205, NH4, NH45).

SPORTS CITY: Semmanchery has been chosen by the Chennai Metropolitan Development Authority to become the site of a global sports city. There are plans to build an outdoor stadium with an athletic track and a football field made of natural turf, as well as ice rinks, indoor stadiums, aquatic centers, velodromes, and stadiums for the disabled.

The last few years have seen a steady improvement in infrastructural development, making Rajiv Gandhi Salai, or OMR the most sought-after area for both residential and investment purposes.

Connectivity

The OMR offers convenient travel to locations outside of the city limits as well as regions along its strategic alignment with East Coast Road. Situated along the OMR route, the Thoraipakkam – Pallavaram radial road offers convenient travel from Thoraipakkam. Connectivity from OMR is improved by other important connection roads including Medavakkam-Karapakkam and Maraimalai-Adigal Bridge.

The Rajiv Gandhi Salai IT highway provides access to the city's major train station, which is around 35 km away. Only 20 kilometers separate OMR from the Guindy railway station, which is connected to the local railway system, plus the international airport is just 30 km away.

Good Rental Incomes

Purchasing real estate in Chennai along the Old Mahabalipuram Road offers investors significant rental returns. Pros who work for IT organizations along the route make up the majority of the demand.

Professionals who live near their offices save a lot of money and time on travel by living along the OMR. The same route also provides them with easy connectivity if they want to travel to different sections of the city. The restricted budget is another reason why OMR prefers to rent an apartment. Because they are just starting their careers, the IT workers here don't have a lot of money to spend on a flat. They, therefore, favor renting them.

Rajiv Gandhi Salai, also known as OMR, has been steadily improving its infrastructure over the past few years, making it a desirable place to live and invest. As a result, IT professionals who desired opulent living and a walkable workplace began to move here. It was evident that investors and end users alike had a strong affection for the space, indicating potential for expansion. The area has had extraordinary growth in recent years, yielding remarkable returns on investment, and this trend is anticipated to continue.

Reputed Builders in OMR

The OMR stretch in Chennai, which is regarded as one of the biggest and most promising areas for IT development, is an excellent location for expanding real estate projects. The most cherished neighborhoods that prospective homeowners and real estate developers choose are found in OMR, which offers convenient access to entertainment centers, the thriving commercial sector, and vital institutions.

You may discover anything from cozy yet well-made 1 and 2 BHK homes to roomy 3 and 4 BHK properties given by these leading real estate developers along OMR, Chennai!

- House of Hiranandani

- Casagrand Builder Pvt. Ltd

- Appaswamy Real Estate

- Prestige Group

- Akshaya

- Alliance Infrastructure Projects Ltd

- Pacifica Companies

- The Nest Builders

- DAC Developers