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OMR Chennai Real Estate

Chennai is one of the best metropolitan cities of India. With world-class infrastructure and best connectivity with other parts of the world, the city is a rapidly progressing metro of South where the real estate is on high demand. Rapid commercial and industrial developments have been witnessed in the city in the recent years because of which the city’s immigrant toll has increased thereby creating an upsurge in demand for the properties here. This demand is not the same for all the areas. In the areas which are highly developed, the properties are much costlier and therefore are in demand only among the high earning sections of the city where as those located in suburbs or under developed regions are not desired by the property buyers. Most of the property buyers or investors look out to invest in the properties that are located in rapidly developing areas of the city that are well connected with other parts of the city and where there is good commercial development. One of such areas in Chennai is definitely OMR.

The Old Mahabalipuram Road (OMR) or Rajiv Gandhi Salai is one of the happening areas of Chennai well-known for its IT and commercial developments. Popularly known as IT corridor, it is one of the best areas of the city which homes several reputed IT companies like Satyam, HCL, TCS, Accenture India, TECCI Park, Wipro, Cognizant and Infosys. Prominent government, technical and educational institutions are also situated in this region. So as per commercial developments the region has got the highest demand. All kinds of commercial properties including shopping malls, IT parks, office buildings, commercial complexes, private business spaces, restaurants could be found here.

Not only commercial, the OMR Chennai real estate is accommodated with different kinds of residential properties too. The residential properties in Chennai OMR are available in different formats in different budgets. Both budget properties as well as luxurious properties can be found. For those who are looking to invest in residential Chennai property will get some of the best options here. There are independent homes, flats, luxurious township properties and state-of-art bungalows too to allure the property buyers.

However the burgeoning IT population of the region has its own logical influence on real estate development in Chennai OMR where today a number of apartments are being built. The apartments in Chennai OMR are the top selling properties which have now become the definitions of real estate of the city’s residential real estate. These are classy properties having all the desired features of the modern day homes. Whatever is desired, whether it is luxury apartments for possession or serviced apartments in Chennai for rent, all could be found in best formats in this corridor area.

In the last few years there have been activities from leading real estate and construction companies from other states in the region. Some of the builders like Pacifica Companies with its state-of-art township project, Hiranandani Developers offering commercial and residential projects, L&T Constructions constructing apartments in Chennai OMR, DLF Group with its Garden city in OMR, Indiabulls greens Chennai etc. Each and every developer has got own style of development. Most of them are offering features like RCC framed structures, vitrified tiling, power back up facilities and amenities like health clubs, sports facilities, supermarkets etc in their projects to allure the property buyers. So for a property buyer there are plenty of options in this region to make a worthy investment. But for those who want to own a luxurious home in OMR but within budget, properties of Pacifica will really be the most satisfying options.

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