The presence of these industries has contributed to Oragadam's rapid expansion, attracting professionals seeking employment opportunities. Over the years, Oragadam has witnessed significant growth and development, emerging as one of the most prominent industrial and residential areas in Chennai. The region is home to numerous multinational companies and automobile manufacturers, including Renault-Nissan Automotive India Private Limited, Daimler India Commercial Vehicles Pvt. Ltd., and Apollo Tyres, which have established their manufacturing units and industrial parks in the area. This has resulted in increased employment opportunities and economic growth in the locality.
There are a multitude of residential options available in Oragadam, Chennai. According to reports, approximately 51% of the construction in the locality consists of residential properties. This statistic indicates the increasing popularity of Oragadam as a residential neighborhood in Chennai.
Oragadam benefits from excellent transportation links, with proximity to major facilities such as the Chennai airport and the highway to Bengaluru. Its convenient location also connects it to prominent places like Sriperumbudur, Tambaram, and Sri City, enhancing overall connectivity.
The influx of major companies has spurred the development of roads, utilities, and other infrastructure to support industrial growth.
The real estate market in Oragadam is dynamic and offers a wide range of options for potential buyers and investors. The locality has witnessed a surge in demand for both residential, and commercial properties, leading to the development of modern housing complexes, commercial centers, and integrated townships.
Properties in Oragadam, a popular residential area, offer numerous advantages. The proximity to industrial zones makes it an attractive choice for employees working in Oragadam's industrial belt. Additionally, Oragadam boasts excellent infrastructure, including well-planned roads, water supply, and electricity facilities.
This area is renowned for its abundant greenery and peaceful setting. Property prices here have steadily risen due to high demand and limited availability. The presence of trees, parks, and natural beauty contributes to the increase in prices. Furthermore, the availability of shopping centers, schools, and hospitals nearby also impacts property prices. Home buyers are willing to pay a premium for properties developed by well-established and trusted developers. Therefore, if you desire to be a part of this natural paradise, be prepared for the corresponding price tag!
Moreover, Oragadam is witnessing the launch of numerous upcoming projects by reputable developers, offering attractive investment prospects. These projects feature modern designs, state-of-the-art facilities, and a focus on sustainability, making them highly sought-after by investors.
Oragadam is poised to be an ideal place to live for individuals seeking a comfortable lifestyle at a fair price. An upcoming development will offer a range of housing options, including apartments, townhomes, and raw land, catering to diverse budgets.
Moreover, this development will prioritize essential amenities such as fitness facilities, a splendid pool, beautiful landscaping, and round-the-clock security, all provided at a reasonable cost. With a variety of housing choices and exceptional on-site amenities, Oragadam has the potential to offer you comfort, convenience, and a true sense of belonging—an ideal place to call home.
Beyond being an industrial hub, Oragadam also offers several attractions for both residents and tourists. The locality is home to historical sites like the Vallakottai Murugan Temple and the Shri Kundrathur Murugan Temple, where individuals can immerse themselves in spiritual experiences. Additionally, residents can enjoy recreational activities at parks such as Sriperumbudur Park and the nearby Chembarambakkam Lake.
The presence of malls like the Oragadam Junction Mall and the Chennai Gateway Mall provides residents with ample shopping, dining, and entertainment options. Oragadam truly offers a well-rounded living experience.
Social Infrastructure near Oragadam,
Considering the livability factor, Oragadam boasts a favorable livability index due to its robust social infrastructure. The locality is well-equipped with reputable educational institutions, healthcare facilities, banks, and supermarkets, ensuring that the residents' daily needs are conveniently met.
Furthermore, Oragadam has witnessed steady real estate appreciation, making it an attractive investment option. The historical trends and outlook of real estate appreciation in Chennai as a whole, further enhances the investment potential of Oragadam.
While Oragadam stands out as a top investment destination in Chennai, there are other promising localities that investors should consider. OMR (Old Mahabalipuram Road) is a rapidly developing area known for its IT parks and tech companies. It offers a mix of residential and commercial properties and experiences strong rental demand due to the presence of IT professionals.
Velachery is another popular locality that has witnessed significant growth in recent years. It offers a blend of residential, commercial, and retail spaces, with excellent connectivity to key areas in Chennai. Velachery is known for its well-established social infrastructure, shopping centers, and entertainment options.
Perumbakkam, located in the southern part of Chennai, is emerging as a preferred residential destination. It offers affordable housing options, good connectivity, and proximity to prominent IT corridors.
Carmelaram, Hadosiddapura, Chikkakannalli, Bengaluru, Karnataka
|4.06 acres of greens
2 and 3 BHK
RERA No. : PRM/KA/RERA/1251/446/PR/280222/004736, http://www.harera.in/
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