Are you looking for a profitable investment opportunity in Chennai? Look no further than OMR, or the Old Mahabalipuram Road. There are numerous real estate builders in Chennai preparing to construct this stretch of road. That explains the rapidly developing and investing in projects in Chennai being a smart financial decision.
Here are some reasons why:
1. High Potential for Appreciation:
OMR is a prime location for real estate development, thanks to its strategic location near the IT corridor of Chennai. The area has witnessed massive growth in the past decade, with several multinational companies setting up shop in the region. As a result, the demand for residential and commercial spaces has skyrocketed, leading to an increase in property prices. 2 BHK flats in OMR are likely to yield high returns in the future, making it a smart investment choice.
2. Great Connectivity:
OMR is well-connected to other parts of Chennai, with multiple modes of transportation available. The Chennai International Airport is located just 30 kilometres away from OMR, and the Chennai Central Railway Station is about 25 kilometres away. The area is also connected by buses, taxis, and autos, making it easy to commute within the city. This excellent connectivity makes OMR an ideal location for both residential and commercial projects.
3. Booming IT Sector:
The IT sector in Chennai has been growing at a rapid pace in recent years, and OMR is at the centre of this growth. The area is home to several IT parks and SEZs, which have attracted top-notch companies like TCS, Infosys, and HCL Technologies, among others. The presence of these companies has led to an increase in demand for residential and commercial spaces in OMR. Investing in projects in this area is a sure-fire way to tap into the thriving IT sector and earn high returns.
4. Excellent Infrastructure:
OMR is known for its excellent infrastructure, with several world-class amenities available in the area. The region has some of the best hospitals, schools, colleges, and shopping malls in Chennai. The area also has several parks and green spaces, making it an ideal place to live or work. Investing in projects in OMR means that you can enjoy all these amenities while also benefiting from the high returns that the area offers.
In conclusion, OMR is a prime location for investment in Chennai, thanks to its high potential for appreciation, great connectivity, booming IT sector, and excellent infrastructure. Investing in projects in OMR is a smart financial decision that is likely to yield high returns in the future. So, if you’re looking to invest in real estate in Chennai, OMR is the place to be.