Realty Hotspot Series: Why OMR Chennai is an upcoming real estate hub

In this week’s Realty Hotspot Series we turn our focus on OMR Chennai.

This Chennai locality already enjoys good road connectivity and hosts a number of offices.

Highlights

Presence of key IT/ITeS parks and SEZs
Proximity to popular shopping malls
Well established hospitals
Enjoys widespread road connectivity through OMR & ECR
Proposed Chennai Metro Phase-2 to boost demand on OMR

Distance from:
Airport: 38 km
Railway station: 45 km
NH: 1 kmm

Locality snapshot
Schools 20+
Hospitals 16+
Restaurants 20+
Banks 20+
Grocery Stores 20+
Petrol Pumps 9+

Price range : Rs 3,090-8,330 per sq ft
Demand: Medium
Supply: High

Properties available

1 BHK: 610 (avg sq ft): Rs 30 lakh (avg)

2 BHK: 1,010 (avg sq ft): Rs 45 lakh (avg)

3 BHK: 1,460 (avg sq ft): Rs 70 lakh (avg)

4 BHK: 2,590 (avg sq ft): Rs 1.63 crore (avg)

Source: Magicbricks