When Real estate in Chennai started gaining momentum and attracted interests of premium builders and investing public, OMR(Old Mahabalipuram Road) was the first locality besides the Central Business District (CBD) to weave its magic wand. Very naturally, Chennai extended its geographical reach to the scenic, pleasant, less congested and beautiful OMR, a simple transition that brought a lifestyle of change to the city. A large number of modern flats for sale in Chennai suddenly sprouted in the city, especially in OMR and adjoining regions of OMR.
Real estate in Chennai has thereafter jumped to a new path of rapid development and progress. OMR has never stopped growing since. There are numerous reasons that make OMR the preferred Real estate investment destination.
1. IT corridor
Needless to say, commercial activity and scope of employment opportunity drive the population of any city to settle down where their livelihood is. OMR makes the IT/ITES corridor of Chennai. Ever since technology parks have set up in these regions, the demand for housing has risen to the zenith. There continues to be a seamless and consistent demand for residential properties in OMR, leading the highest demand among rental homes and flats for sale in Chennai. Because of the soaring popularity of OMR, the adjoining areas Medavakkam, Perumbakkam and Tambaram have begun to receive maximum attention.
2. Scenic beauty
People, will any day prefer to stay in a beautiful home surrounded by exotic natural beauty. OMR is blessed with a scenic coastline, beautiful roads, fresh air, free lung space and a serene environment. In a day and age, where you want to escape from pollution, congestion, traffic, lack of greenery and poor health, OMR serves as a refresher and hence presents no surprise when it comes to the rising demand for housing here.
3. The price factor
Thinking of Real estate in Chennai, the very first thing to strike our mind will be the exorbitant prices in the CBD. The heart of Chennai is today a little far-fetched even for the affluent. This leaves a whopping percentage of population to shift interests to suburban locations where price combines with other amenities to make investment worthwhile.
4. Urbanization
As the population moves to suburban localities in search of land, career and living, urbanization has become the need of the hour. The Government of Tamil Nadu has made big inroads in infrastructure and has better plans for the future. The builders in OMR, Chennai offer the best amenities in their flats for sale in Chennai, regardless of the location. OMR, the priceless jewel of Real estate in Chennai.
- Sumangali Homes
Builders in OMR
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