Old Mahabalipuram Road (OMR Road)
One of the quickly growing locations in Chennai, the OMR stretch houses most of the IT parks in the city. This has made this locality the most sought after place for IT professionals. OMR has got easy access to the city through the IT express way. The booming infrastructure and the host of educational institutions, health care facilities and shopping centres have made it hard not to invest here. As all the major builders in Chennai have concentrated on this locality, the buyers looking for a property will have a lot of options to choose from and won’t be disappointed.
Velachery and its nearby areas like Madipakkam and Medavakkam has been a preferred real estate destination for several years. Shollingnallur, Siruseri and Kelambakkam has been the driving force behind this huge demand as Velachery is very close to IT companies. With many villas for sale in Chennai, the presence of several educational institutes, shopping malls and supermarkets have encouraged more people to settle in this area.
Tambaram is one of the oldest localities in Chennai, having become an investment destination over the years as the rental returns are very high. Located on the GST Road, Tambaram is split into Tambaram East and Tambaram West. In Tambaram East, you can find independent villas and houses. Tambaram West has a lot of commercial projects, shopping malls and entertainment avenues. The Tambaram railway station connects this location to all major areas in Chennai.
Oragadam is situated between NH 4 and NH 5 and has good connectivity to Kancheepuram and other districts. The presence of heavy engineering, automobile and IT companies like Renault Nissan, Siemens, Ashok Leyland, Komatsu, Moser Baer and many more has substantially boosted up the place value. This locality has good rental and capital appreciation and numerous flats for sale in Chennai.
Located in central Chennai, Porur has become one of the most active localities in Chennai. This has happened largely due to the presence of several IT companies nearby. Porur has a very large market area and has given space to several manufacturing and chemical plants. There are several new projects coming up in Porur from renowned builders. Porur gives easy access to Kundrathur, Poonamallee, Chennai Intercity Bypass and to the Bangalore- Chennai highway.
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