OMR - Sizzling Hot in Chennai!

It is evident that the latest hot spot for Chennai real estate market has been the flourishing Old Mahabalipuram Road (OMR). The place though a suburb is buzzing with activity through out the year being the IT hub of the city. Hence national and international builders aim at this area to start huge and sophisticated projects with contemporary amenities as per the taste of such young professionals. The townships here are high priced even though they are not within city limits.

There are many builders and groups investing thousands of crores in OMR projects at the moment, giving Chennai a new and refreshed look donning luxury apartments with comprehensive state-of-the-art facilities in them. A few of them doing really good are Indus Cityscapes, doing an environment-friendly ‘green' rupees 125-crore worth project Navalur and the Pacifica Group with a promising 4500 apartments in the township worth rupees thousand crore. There are also the Hiranandani, Lanco and Purvankara groups that have invested hundreds and thousands of crores in their projects on OMR. Mantri builders promise to bring nature and its elements right into your house and make it a serene place to live in, taking you far away from the pollution of the city life and live in harmony. Arihant Heirloom, around 3 kms from Navalur is also ideal, considering that the construction is almost about to be completed too.

The bookings are always open and they sell like hot cakes among IT professionals with class in taste and the affordability for the same. Though the prices started around Rs.2000 per sq ft when these projects took off in 2006 and has grown a lot over Rs.4000 and can reach up to Rs.6000 per sq ft at the moment, it so happens that these townships save them the trouble of commuting from the city to the work place much outside the city, saving their precious time and money, keeping them close to home amidst their really busy around the clock schedules. While the lifestyle provided by such apartments, even when on rentals for the corporates, equal the lifestyle they are used to abroad on-site projects.

You can find the construction status of some of the OMR projects online too:
http://mantri.in/Synergy/Synergy_Status.htm
http://www.hiranandaniupscale.com/omrprojstatus/project.html

There is no doubt that OMR is the in-place for the fast-moving next-generation Chennaites seeking luxury and comfort at their disposal. It is a city by itself, only more convenient, comfortable, serene and a lot more desirable!

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