Chennai city, the city of opportunities and advancements, has experienced tremendous growth in the last few years. Right from the roaring industrial revolution consisting of new IT/ITeS industries along the IT corridor offering employment opportunities to lakhs of professionals, manufacturing and automotive industries around the industrial belt of Oragadam generating abundant jobs, reputed reputed schools & colleges offering world-class education, and pioneer medical centers providing treatment with cutting-edge technologies, to the uncountable malls and multiplexes for shopping and entertainment, and a good law-and-order situation that provides a peaceful environment for living, the Chennai city has everything that one needs for happy existence.
Hence, it is no surprise that real estate growth here has been stupendous, people from different parts of the country move to Chennai, buy properties, looking for better quality of living. Among the many booming residential markets in the city, OMR, the IT Lifeline of the city has grown in leaps and bounds. The presence of countless IT hubs starting from the Tidel park from Adyar to Asia’s biggest IT hub, SIPCOT; an amiable social infrastructure consisting of finest schools & colleges, hospitals and a very beautiful and serene environment, OMR, is the undoubtedly the top choice of all home buyers and property enthusiasts. Property appreciation has been steadily increasing in this locality and the future promises further growth, let us look at some of the preferred localities for owning residential properties along the OMR-
This locality has transformed into one of the busiest areas of the city and the major junction on the OMR. It is home to numerous information technology business parks and dedicated special economic zones. This place generates more than 2 lac employment. Major IT companies including Infosys, CTS, TCS, Wipro, PayPal, HCL, Accenture, Tech Mahindra function here. With excellent connectivity through MTC bus services and Metro rail, and the availability of facilities like excellent schools, colleges, shopping centers and proximity to pristine beaches through connectivity with ECR, this place is a great residential location.
Home to the largest IT parks in Asia – the SIPCOT IT park, Siruseri has experienced unprecedented growth in the last few years. With good connectivity and infrastructure, it is much sought after, and identifying the need for quality housing many leading real estate developers offer premium gated community apartments in Siruseri with a world of new-age amenities. The 45.4 km stretch of corridor 3 of Metro phase II would extend from Madhavaram to SIPCOT and would have numerous stations to facilitate the IT professionals working in the many establishments along the stretch, making Siruseri a top destination for owning residential properties.
This locality is about 5 km from Siruseri IT park and about 10 km from Sholinganallur junction. Similar to Sholinganalur, this is an important junction on OMR as it connects GST road (Vandalur) and ECR road (Kovalam). known as the southern gateway to Chennai city on OMR Road, Kelambakkam is popular due to rapid infrastructure development, good water availability and excellent road connectivity with easy accessibility to all parts of Chennai. This has been the reason for this locality witnessing many real estate activities in the past decade.
Padur is situated at about 2 km from Siruseri, and is chosen by homebuyers as one of the good localities to enjoy comfortable living in Chennai city. This locality has a good social infrastructure consisting of schools, colleges, hospitals and IT companies. Since it is in the preferred radar of next-Gen home buyers, leading real estate developers offer New-gen homes with multiple amenities here. Property prices being much more customer-friendly compared to the prevailing rates in other parts of the city is another reason for the popularity of this locality.
OMR, the IT-Hub of the city has experienced stupendous growth owing to the establishment of many industries and also the emergence of supportive infrastructure. Apart from hogging the limelight as the most developing part of the city it also has a charisma that other places lack, the proximity to the innumerable pristine beaches, the emergence of avenues for entertainment and fun like the OMR food street, multiplexes, malls, and resorts, all these make OMR the right choice for a life of comfort and luxury.
The development of New-gen apartments that incorporate all the modern amenities has propelled this place as the top choice of home buyers who desire good rental returns and also excellent ROI. The above-mentioned micro-markets in this locality are some of the fastest growing residential areas where investing in a home is a smart investment for the future.
Do check out the premium apartments in Siruseri and its neighborhood that offer a classic living experience.