Chennai is a growing IT Hub now a days. The Metropolitan has an IT Corridor called the OMR. Rajiv Gandhi Salai or Old Mahabalipuram Road popularly known as OMR, is a major road in Chennai, Tamil Nadu that stretches till Mahabalipuram District and merges with the East Coast Road. Along this road, a lot of real estate projects have come up owing to the location advantage of the place as well as nearness to the IT Hubs. 2BHK and 3BHK apartments are the most popular buys at Sholinganallur, Navalur, Kelambakkam,Karapakkam, Padur and other places on this road. This road was reconstructed and opened in 2008 and the major attraction here is Mahabalipuram, which is also a popular tourist spot.
Most of the popular developers of Chennai are having major projects for residential flats in OMR and offer attractive amenities like health clubs, sports facilities, supermarkets, state of the art shopping malls, Hotels, restaurants and movie theatres. The road leads to a popular IT Hub with over 70,000 employees, most of them from out of the city. For this reason, flats in OMR are a good investment as well as India’s economic inflation and growing IT Hub has boosted the price of properties in the last decade.
Along with other amenities and facilities, flats in OMR are close to educational institutions like NIFT, Asian College of Journalism, SSN College, and other engineering colleges. The National Maritime University is also situated along this road at Shollinganallur. The area is well connected by buses and the southern railway has a proposed parallel railway line underway. Flats in OMR come within the ranges of the middle-income group easily at around 20Lacs. It is also advisable as a worthy investment as the rates of real estate in this booming IT Hub are surely going to go up soon. The Old Mahabalipuram Road represents the modern day Chennai and its IT dreams while it leads to history long lost and glorified. Both these aspects of tourism and IT sector development makes flats in OMR a feasible buy.
