- Welcome Guest |
- Publish Article |
- Blog |
- Login
Planning to make an investment in Chennai? Need a residential plot in Chennai? Why not opt for Madipakkam or OMR? In these last few years this area in Chennai has climbed the charts in the real estate market. Madipakkam has reached up from the seventh spot to the fourth sport when it comes to the top markets in Chennai to invest in.
Now, the real question is why are people interested in this region of Chennai? This area is easily accessible from all parts of the city. The property rate is affordable and the infrastructure is incredible. There is also a wide spectrum of configurations such as 2 BHK, 3BHK, villas, etc. One can make an investment based on the requirement and budget.
Madipakkam and OMR enjoy good connectivity courtesy its railway network. You can also find a number of auto-rickshaws and buses available here. The Metro Railway Network is also present here.
The area is connected to Chennai Tiruchi Highway and the Pallavaram. This adds to the strategic location of the place. Along the OMR you can find localities such as Sholinganallur, Karapakkam and Perungudi that are located close to Madipakkam. The Chennai International Airport is 23 kilometers from here while the Central Railway Station is around 25 kilometers away.
The real estate properties in OMR and Madipakkam are reasonably priced. This is the reason why a number of buyers are attracted from all over the city. Moreover, since these are located in South Chennai, they are in close proximity to Maduvinkarai and Velachary. The average selling price for Apartments in OMR is 4453/sq. ft. Moreover, the average rent for a 2 BHK apartment is 15,200/month. In comparison, Maduvinkarai has projects that command capital values from Rs 6300 to 8000 per sq ft while Velachery commands Rs 6150 to 7800 per sq ft.
There are a number of quality Tamil and English medium schools located in the vicinity of OMR. They attract people from across the country. Some of the most renowned schools in the area are Sishya OMR School, American International School, Abacus Montessori School, MNM Jain Engineering College, Dhanraj Baid Jain College, and St Josephs College of Engineering.
The civic infrastructure is commendable. There is a proper system of drainage. The locality has 24 hour water and power supply. The power cuts are minimal in this region. The neighborhood is regularly patrolled by constables and has a police station. There are an ample number of 2 BHK flats in OMR. However, the number of 3 BHK and 4 BHK are less in this area. The prices are reasonable too. So, if you want a property in this region, now is the time.
Article Views: 897 Report this Article