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12

Jun 2018

Why is this the right time to invest on OMR

1 vignesh
| Blog
| 0

The Old Mahabalipuram Road is a hub for cultural and intellectual exchange and is ripe for real estate investment. If you are looking to buy a house, there are reasons why you should consider investing in this area!  

Infrastructure

With the IT boom in Chennai, this area has seen a lot of growth and development! With well-planned drainage systems, clean roads, proximity to hospitals, malls, and schools, this area has been strategically planned for ease of residence. In fact, the government has placed special emphasis on this stretch, so you will not have any problems with water, electricity or sanitation problems like other parts of the city. There is great connectivity via public transport, and it is a mere 18 kilometers away from the airport, making it the perfect option for jet setters.

Hub for IT and Manufacturing

Spanning over 45 kilometers between Chennai and Mahabalipuram it most sought after by IT and manufacturing units. Labeled the ‘IT Corridor’, it is home to many prominent Business Process Outsourcing (BPO) companies, research institutions, manufacturing units and government organizations. This means, your commute to work and back just got shorter! With new clusters of this road developing, it is also an investor hotspot with new organizations mushrooming every month.

Education and research

The Road is famed for its proximity to many educational institutions from Sathyabama to the American International School. It boasts the revered Roja Muthiah Research Library, the MS Swaminathan Research Foundation, IIT Incubator and much more! Some of the best and brightest minds in the city travel this stretch every day.

Serene living

OMR has seen several gated communities popping up over the last few years. Take a turn off the main road, and you will see a new side to the locale, away from the hustle and bustle of the city. The interiors are secluded and serene, giving you some much-needed privacy without compromising on amenities. There are also several water bodies in the area, and its proximity to the sea will give you access to plenty of greenery and clean, fresh air!

Community living

Most real estate players on the OMR, encourage the concept of community living. This is a great option for people that are looking for some company! You are also spoilt for choice – whether you are looking for a studio apartment or a 4 BHK, this stretch has it all.

Apartments are fast filling up, so book your dream home at Appaswamy Splendour today! For more information, visit: https://appaswamy.com/properties/splendour/

 

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