Which is best place to buy an apartment in OMR?

Which is best place to buy an apartment in OMR?

You might have come across the name OMR, even if you are not from Chennai. Indeed, OMR, or Old Mahabalipuram Road, is the destination where many professionals see their dream careers take off. Also known as Rajiv Gandhi Salai, OMR has emerged as one of Chennai's top residential areas. Stretching from Madhya Kailash in Adyar to Mahabalipuram, this corridor has become a popular choice for homebuyers due to its convenient location, robust infrastructure, and thriving IT industry.

The development along OMR has acted as a catalyst for significant real estate growth, making it a prime area for investment in residential properties. In this article, we will take a detailed look at the best places to buy an apartment on OMR, exploring why this area is such a sought-after location for homebuyers and investors alike.

Apartments in OMR

Apartments on OMR are really popular because they're close to Tech companies, which is a big draw for people working in the IT industry. With a wide range of options available, you can easily find a place that suits your budget and preferences, whether you prefer a luxurious high-rise or a more modest complex. Ultimately, these residential apartments symbolize contemporary living and offer a taste of the vibrant atmosphere in the heart of OMR.

Advantages of Buying Apartments in OMR

OMR is a hub for IT parks and multinational companies. It's a great place for professionals in these industries because living there means less time spent commuting, making work-life balance better. The close proximity to work also means there's always a demand for rental properties, making it a good choice for investors.

The development of infrastructure on OMR is really remarkable, they have wide roads, flyovers and really nice public transport facilities. Having good schools, colleges, hospitals and shopping centers nearby makes living here very convenient.

Over the years, property values in OMR have shown consistent appreciation. The ongoing and planned infrastructure projects, such as metro connectivity and road expansions, are likely to further boost property prices, providing good returns on investment.

Residents in the area can enjoy a lively lifestyle with plenty of options for dining, entertainment, and recreational activities. There are upscale restaurants, cozy cafes, movie theaters, and shopping centers available to cater to the different needs and preferences of OMR residents.

The abundance of green spaces and the proximity to the coast provide a pleasant living environment. Many residential complexes are designed to maximize natural light and ventilation, promoting a healthy lifestyle.

Certain areas on the OMR have been in the real estate spotlight as they offer good resale prospects and high rental demand. These neighborhoods include Perungudi, Thoraipakkam, Shollinganallur, Navalur, Kelambakkam and Siruseri. These fast-developing suburbs along the OMR are backed by good social infrastructure in terms of educational institutions, healthcare, recreation facilities and more. The real estate market in these neighborhoods has matured and several big names are developing residential projects here. For those seeking a property, particularly apartments in OMR, the choices are diverse and cater to every buyer and budget. From compact studio apartments to luxurious residences with ample amenities, the options are abundant.

Perungudi

Perungudi is a residential cum commercial locality situated right in the middle of an Information Technology Estate on OMR Road. Located along South Chennai it is surrounded by many prime localities like Guindy, and Taramani. This locality enjoys wonderful connectivity via the Rajiv Gandhi IT Expressway, ECR Road and OMR Road. Perungudi houses the tallest Tech Park in the city at the same time it is nicely located close to top-tier schools, colleges, hospitals and universities. Buying a flat in Perungudi will guarantee you an opulent lifestyle surrounded by all amenities.

Advantages of Buying flats in Perungudi

- Proximity to multiple tech parks and employment zones

- High rental demand due to tech parks

- Boasts excellent connectivity via OMR Road

- Well-developed locality surrounded by prime areas

- Nice residential cum commercial locality

- The tallest IT Park in the City - Brigade WTC World Trade Centre is located here.

- Proximity to major educational facilities like the IIT Madras, NIFT and Guru Nanak College.

- Apollo Speciality Hospital Perungudi is a top healthcare facility available here

Thoraipakkam

Thoraipakkam is located exactly in the middle of OMR Road, surrounded by many prominent Tech Parks. Buying an apartment in Thoraipakkam guarantees a superlative infrastructure and an opulent lifestyle. Thoraipakkam to Pallavaram Radial Road connects the IT Corridor with the GST Road. The presence of IT companies and several top-notch social amenities make this the most desired residential area among those working in the IT/ITes sector.

Advantages of Buying flats in Thoraipakkam

- Surrounded by several major Tech Parks like ASV Suntech Park, Bahwan IT Park and Chennai One SEZ

- Has educational facilities like Misrimal Navajee Munoth Jain Engineering College, Billabong High International School and Gateway International School

- Wonderful connectivity to GST Road via the Radial Road

- Excellent infrastructure and connectivity

- This locality has the famous BSR Mall and many star business hotels in the vicinity like Park Plaza, Citadines OMR, Holiday Inn Express and Vivanta Chennai

Sholinganallur

Sholinganallur is the most happening residential area along the OMR IT stretch. It's one of the prime IT hubs that enjoys wonderful connectivity to GST Road and at the same time to the coastal paradise of ECR Road. Accessibility, the presence of IT companies and the development of social infrastructure have made Sholinganallur one of the most desired residential localities. You can find many renowned builders coming up with beautiful apartments in Sholinganallur.

Advantages of Buying flats in Sholinganallur

- Prime IT hub, surrounded by premium apartments

- Well-developed infrastructure and social amenities

- Connectivity located on the arterial road that connects ECR Road and GST Road

- Houses the famous Tech Park ELCOT SEZ

- High-demand rental hub due to the presence of multiple employment avenues

- Chettinad Hospital and Gleneagles Global Health City are located in proximity

- Prominent schools nearby are Gateway School, Sacred Heart Global School and Narayana E-techno School

- Houses many star-rated business hotels like Ibis Chennai, Novotel, Vivanta and Four Points by Sheraton

Navalur

Navalur was once a tranquil village, now it's a bustling residential club as it is nicely located just 5 kms away from the most happening Sholinganallur junction. Strategically located along the OMR IT Corridor this locality is very accessible from different parts of the city. Buying an apartment in Navalur promises you a luxurious lifestyle along with a serene peaceful environment.

Advantages of Buying flats in Navalur

- Excellent connectivity and surrounded by prime areas

- Rapidly developing locality with solid infrastructure

- Good rental demand due to many employment facilities

- Well connected to Tech Parks like SIPCOT IT Park and ELCOT SEZ

- Vivira Mall, The Marina Mall and BMR Mall make it a popular shoppers destination

- Proximity to good schools, colleges and hospital

- Proximity to the coastal ECR Road and entertainment zones

- Madhura Hospital and Apollo Diagnostics are available here

- Top Schools including Mount Litera Zee School and Velammal NewGen School are available

- Tranquil neighbourhood with loads of greenery

Kelambakkam

Kelambakkam is a residential suburb that's receiving lots of attention from investors and home buyers due to its strategic location on the OMR IT corridor. A well-established residential area that still retains many of its green covers and has a diverse range of social amenities. Flats in Kelambakkam are all of premium quality and at the same time enjoy affordable prices.

Advantages of Buying Apartments in Kelambakkam

- Good rental demand due to the large number of working professional

- Affordable residential locality with many premium apartments.

- Located prominently with sound inter-city connectivity

- Close to many IR hubs like SIPCOT IT Park, alpha City SSPDL, and Pacifica Tech Park

- Chettinad Super Speciality Hospital is a prime hospital in this locality

- Hindustan International School, Hindustan University, and Chettinad Sarvalokaa International School are some educational facilities available here.

- Shopping malls like The Marina Mall and Vivira Mall are 10 - 15 minutes away

- Easily reach Kovalam Beach in 5 minutes via the Kovalam Kelambakkam Road

Siruseri

Siruseri is one fine choice for you if you are looking for affordable apartments along the prime OMR Road. From here you can easily access multiple tech parks like Ozone Techno Park, SIPCOT IT Park, and ETA Techno Park. A developing residential hub that has outstanding rental demand for employment units. Buying an apartment in Siruseri also comes with the added advantage of sound connectivity. From here you can easily access both the Pudupakkam Main Road and Rajiv Gandhi IT Expressway.

Advantages of Buying flats in Siruseri

- A nice mid-budget residential locality with premium housing availability

- SIPCOT IT Park is located here, plus many more tech parks like Ozone Techno Park and ETA Techno Park are found in proximity

- Famous rental hub with constant demand

- Solid road connectivity to the city via Pudupakkam Main Road and Rajiv Gandhi IT Expressway

- Houses many software companies like TCS, Capgemini, L&T, and Cognizant

- Here residents can find reputed schools and excellent hospitals within a 5 - 10 minute commute

- Hotel Parkway Inn and Days Hotel by Windham are a few premium hotels here

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