Many builders in Medavakkam and OMR, in Chennai, have proactively judged the real estate demand these regions are expected to generate and constructed milestone real estate projects. Many other builders have reacted to the scenario and continued the saga of construction so as to facilitate the increasing demand for commercial and residential projects. A few decades ago, OMR and Medavakkam had vast stretches of land with little development in terms of real estate. Today, the landscape has completely transformed to accommodate large and modern apartments, villas, farmhouses and commercial properties.
There are many properties built in Medavakkam and OMR are tastefully designed and meticulously constructed using the best of resources and exceptionally qualified and trained staff. These apartments and homes stand the test of time since they are durable, well maintained and constructed using quality resources. They are also Eco-friendly homes with large breathing spaces in the right location thereby offering capital appreciation in the long run. Perumbakkam near Medavakkam is another region that is quickly garnering a lot of attention and is poised to observe real estate boom.
Proximity to important Neighborhoods
Medavakkam is located near Sholinganallur, Selaiyur, Madipakkam, Keelkattalai, Tambaram and Velachery. This rapidly developing region is also situated near the city’s IT/ITES corridor and SEZ. OMR is no stranger to this concept as well. Of the two, OMR was the first to develop in terms of real estate development. And today, the prices here are almost close to the rates seen in the Central Business District. Medavakkam may not be as exorbitantly priced as the properties in OMR or ECR. They are a lot more affordable now but are expected to increase in prices in a few years from now. Owing to the proximity to important neighborhoods, both OMR and Medavakkam have no dearth of best-in-class hospitals, international schools, important colleges, entertainment hubs and places of worship.
Builders in OMR and Medavakkam, Chennai have constructed high quality homes closer to significant destinations. The main modes of commuting include bus, vans and autos. MTC(Metropolitan Transport Corporation) bus service is commendable at Medavakkam. Buses plying between Velachery and Tambaram pass through Medavakkam junction. Residential projects are usually built to analyze the current and future needs of customers to design homes that possess a long term perspective.
Interview with a Real Estate pundit on OMR & Medavakkam
- Sumangali Homes
Builders in Chennai
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