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Properties for sale in OMR
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@ezeehousing
Chennai Properties Search, Buy, Sell and Rent property in Chennai. Residential and commercial Real Estate In Chennai.100% Verified Listings.
Properties for sale in OMR
Everything You Need To Know About Chennai’s OMR Before Buying Yourself a Property
OMR (Old Mahabalipuram Road) in Chennai also known as Rajiv Gandhi IT Expressway or simply IT Expressway has become the IT Hub of Chennai bustling with Office go-ers and many small businesses. It is the major road connecting Chennai with Mahabalipuram and Chengalpattu district. This area has become a home to many prestigious IT and BPO companies. Based on the development and growth of the OMR road, it was categorized into 2 major zones. Zone-1 is from Madhya Kailash to Sholinganallur and Zone-2 is from Sholinganallur to Kelambakkam.
In recent years real estate in OMR has been developing and expanding rapidly. The property prices have also witnessed an appreciation about three times what they were in 2007. There are many available Properties For Sale in OMR. The growth of this region fuelled the real estate activity and made this place desirable for potential new homeowners.
Top Reasons to invest in a property located at OMR
1.INFRASTRUCTURE
The Infrastructure in OMR is well developed by the government by giving priority to sanitation, water supply, sewage lines. It has been organized in such a way as to ease the traffic congestion and increase greenery. These amazing developments have attracted massive builders to build residential apartments and Flats for sale in omr below 70lakhs
2.PROXIMITY
OMR is the IT Hub of Chennai and almost all big companies have an office located at the OMR. One of the major advantages of living in the area is the proximity it has to the offices, schools, colleges, and recreational centres. Chennai Airport is 30 minutes drive from OMR. It connects to almost all major growing southern suburbs in Chennai. Accessibility to entertainment hubs from OMR is an additional enhancement to your living.
There are many reputed schools in the OMR surrounding like
Padma Seshadri School
Gateway - The complete School
Delhi Public School
DAV CBSE School
Abacus Montessori School
There are also many reputed and highly qualified educational institutions like NIFT (National Institute of Fashion Technology), Asian College of Journalism, SSN College of Engineering, Hindustan College of Engineering, St Josephs College of Engineering, Sathyabama Deemed University, Jeppiar Engineering College.
The entire stretch of OMR to Madhya Kailash has great connectivity to the main city. There are also various railway and bus services provided by the government around the area.
3.AMAZING RESIDENTIAL PROJECTS
To buy properties in Chennai is not an easy choice to make because of the exorbitant growing prices. To own a premium style apartment inside the city one has to settle themselves to spare at least a crore by minimum. Flats for sale in OMR below 70 lakhs is a great deal for people who don’t want to settle for an average apartment. Properties in OMR offers you the best at low-cost pricing without having to settle down on quality with amazing amenities. Imagine coming home from work after a long hard day and driving back to traffic and a pollution-free environment with serene landscapes and fresh air. Sounds dreamy right? OMR offers such scenic views. Also, ECR is not too far away from the area which also has breathtaking coast-line sights.
4.EXCELLENT INVESTMENT OPPORTUNITY
To Buy Properties in Chennai for investment has become a huge deal after the real estate boom that happened 15 years before. Due to its locality and infrastructure, it has become a great investment option for home buyers, multinational companies, real-estate developers, and investors. Within 5 years OMR has seen an appreciation of about 50% and a 21% hike in property value in the year 2014. According to real-estate experts, 1 acre of land in OMR costs around 7,40,00,000 in 2021. So, buying a property now in OMR will ensure that your property gets an immense appreciation in 5-10 years. Even if you are not planning on moving right away to OMR, it is an excellent investment opportunity. The demand for houses in OMR has gone up due to the rise in the number of IT/BPO and several small Companies around the region. A simple 2BHK Apartment could fetch you a rental income of about 18,000 - 20,000 a month.
5.RECREATIONAL AND HANG-OUT SPOTS
Various recreational places are available in and around OMR that is remarkable.
ISCON TEMPLE- This mesmerising place of worship is a quintessential monument to visit with your friends and family. The gorgeous architecture and the stunning interior design oozes charm and divinity when entered you enter the temple. It is opened to people of all castes and religions. The property is a stretch of 1.5 acres and has five floors of stunning architecture.
DAKSHINA CHITRA- Dakshina Chitra is a live museum of arts, crafts, the lifestyle of south Indian states. It gives a closer insight into the villages of Kerala, Andhra Pradesh, Karnataka and Tamil Nadu.
BOATING AT MUTTUKADU- The enchanting lake of Muttukadu checks all the boxes when it comes to a perfect evening out with your loved ones. It offers many recreational sports activities from windsurfing and water skiing to rowing and speedboat riding. If you are an adrenaline junkie, you can also opt for a spine-chilling water scooter ride!
With such impressive recreational activities in and around OMR, and after getting insights about the pros of advantages of investing in OMR it is about time you consider this place for your next real estate investment.
Chennai Properties Search, Buy, Sell and Rent property in Chennai. Residential and commercial Real Estate In Chennai.100% Verified Listings.
Properties for sale in OMR
Every Thing You Need to Know About Ezee Housing
Wanting to buy or sell property could be a real burdensome job, if it is not approached properly. Chances are that you will probably end up feeling disappointed while being completely exhausted. Whether you are looking to buy, sell or rent a property, you will need to look at the right places that provide you with a variety of options and meet all your demands. Ezee Housing Company is the right and hassle-free place to be. It’s a place where the company bring tenants and landlords together. Now that you know about the company, half of the work is already done.
About Ezee Housing Company
A place where the company bring tenants and landlords together.
Ezee Housing functions in various ways, from answering the growing needs in the rental industry for both tenants and landlords to providing solutions in a technology-friendly manner.
Ezee Housing provides comprehensive and up-to-date information, therefore your not so far away from finding your dream home.
People who want to advertise their properties for sale or rent can post detailed information about their properties, such as videos, photographs, layout plans, and the exact location on a map.
This provides people looking to buy or rent a property with an unrivalled perspective of the desired property, from the comfort of their own home or office, just click away of our website visit.
Ezee Housing is committed to becoming the Solution Partner for your housing needs.
Our services include:
-Posting information about properties in order to sell it or rent it.
- Posting your requirements and finding a suitable deal.
- available searches matching according to your needs and comfort.
- finding tenants.
Our solutions are completely adaptable to your requirements.
We provide services such as:
-Rental Agreements: Following occupant confirmation, we assist our customers with the rental agreement process.
-Shifting Process: We help with home relocations through our moving service partners.
-Police Verification: We facilitate in the police verification process in accordance with the GOI's legal requirements.
-Home Refurbishment: We provide affordable house renovations through a reputable partner.
About commercial and residential real estate property.
Residential real estate includes all single-family and multi-family structures, whereas commercial real estate includes anything leased to run a business. Residential properties include apartments, flats, and duplexes. Commercial real estate commonly compensated by hotels, godowns, and start-ups.
Each property presents a unique set of opportunities and challenges. Commercial investments offer a good return on investment, whereas residential investments are less complicated, particularly for beginners. Its beneficial while investing in residential real estate as it has a relatively low cost of entry and less known complications than commercial real estate investments.
Although, when compared to the returns on residential investments, commercial real estate has the potential to provide a higher ROI. Especially if the property is located at a prime place.
Which place is good to buy a residential property in Chennai?
If you want to purchase a residential place in Chennai, Old Mahabalipuram Road (OMR), Velachery, Medavakkam, Guduvancheri, and Porur ought to be your highest priorities.
Old Mahabalipuram Road (OMR):
As one of the most rapidly developing areas, Old Mahabalipuram Road now offers the greatest number of ready-to-move-in properties. Furthermore, OMR is home to the majority of the city's IT hubs and businesses. Because the IT industry is a major economic driver in South Chennai, OMR is a popular destination for many. As a result, it is the most recommended for a property investment.
Velachery is prevalent in the OMR market and surrounding areas such as Madipakkam, Pallikaranai, and Medavakkam, where modest developments abound. Apart from being popular for home purchases, these areas also have a high rental demand. The proximity to OMR phases I and II, which include major IT hubs such as Sholinganallur, Siruseri, and Kelambakkam, is the primary motivator.
The above mentioned locations primarily attract end-users, Guduvancheri is also a major draw for investors. Guduvancheri, located on the outskirts of Medavakkam, is popular for its low property prices.
With the presence of several IT companies, Porur is also a popular destination for end users. Porur is one of the most active regions, according to data, with many new projects planned by developers including Urban Tree Infrastructures, Prestige Estates, as well as Royal Splendour Developers etc
Which is the right residential and commercial project in Chennai?
It is well known that Chennai is a metropolitan city, so there is always ongoing development in the sectors of infrastructure, education, and transportation, and in making lives simpler. People from various other states and cultures can live comfortably in Chennai because the environment is very hospitable. Purchasing a home in Chennai is a wise investment.
When it comes to purchasing a home, you should consider residential projects in Chennai. One of the projects, such as:
-Brigade Bonito is conveniently located just ten minutes from Anna Nagar. It is only a short distance from everything you require. The gated project encompasses 33 acres of land and consists of seven blocks. Brigade Bonito features 680 Spanish-style residences on the Bonito G+6 floor. The open space is surrounded by lush green landscaping that is intricately curved. It has a swimming pool, a gym, an indoor play area, and many other amenities.
The project is currently under construction. This project's possession will begin in December 2024.
-Second most Prominent project is of The Radiance Pride is currently under construction. Pammal Main Rd, Pallavaram, Chennai is where you'll find it. This project is 5.57 acres in size and has a low-rise structure of Stilt + 5 Floors. The project includes 5 towers and 452 units. The flats have been thoughtfully designed with ventilated rooms for excellent ventilation. Residents enjoy excellent comfort thanks to advanced architecture and expertly designed flats. With over 30 amenities, the project is designed to provide ample ventilation.
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