Why OMR is a Prime Area for Land Investment – Villa Plots for Sale

villa plots for sale in omr

Buying Land on OMR

OMR, also known as Old Mahabalipuram Road, is a rapidly developing region in Chennai that has become a popular destination for real estate investment. With its strategic location and growing infrastructure, it has attracted many buyers who are looking to purchase land on OMR.

If you’re considering buying land in OMR, it’s essential to have a proper understanding of the area and the factors that can influence your decision. In this section, we will provide information on residential plots for sale in OMR and highlight some key things you should know before buying the plots in OMR.

Location and Connectivity  

One of the main reasons why people are interested in buying land in OMR is its prime location and connectivity. The road runs along the IT corridor of Chennai and connects it with prominent areas like Adyar, Thoraipakkam, Sholinganallur, Navalur and Kelambakkam. It also provides easy access to major transportation hubs such as Chennai International Airport and Chennai Central Railway Station. This makes it an ideal choice for those working in the IT sector or looking for convenient travel options.

Infrastructure Development

The development of infrastructure is another crucial factor contributing to the growth of land value on OMR. The government has invested heavily in improving roads, bridges, water supply systems, sewage treatment plants, etc., which has made life easier for residents. Additionally, there are plans for metro rail connectivity along this stretch in the near future. These developments have not only increased the demand for properties but also enhanced their value significantly.

Types of plots Available

Available various types of plots for sale in omr – Residential plots (DTCP approved), Commercial plots (CMDA approved), Industrial plots (SIPCOT). Each type has its own set of rules and regulations that govern its usage; therefore it’s essential to understand them thoroughly before making a decision.

Legal Verification

Before buying land, it’s crucial to conduct proper legal verification. This includes checking for clear titles, encumbrance certificates, and approvals from the necessary authorities. It’s also advisable to seek help from a legal expert to ensure that all documents are valid and there are no legal issues associated with the property.

Strategic Location

OMR is strategically located between the bustling city of Chennai and the scenic East Coast Road (ECR). This makes it easily accessible from both sides and provides excellent connectivity to major areas of the city. The road also connects with major highways like GST (Grand Southern Trunk) and ECR, making it convenient for travelers heading towards other parts of Tamil Nadu or neighboring states.

Proximity to IT Corridor

OMR has earned the nickname “IT Corridor” due to its high concentration of IT companies and tech parks. From multinational corporations to startups, this stretch houses some of the biggest names in the industry, such as TCS, Infosys, HCL Technologies, Wipro, Cognizant, and many more. With such a significant presence of IT companies in this area, buying residential villa plots in OMR has become a hub for job opportunities and attracts many experts and professionals looking for accommodation nearby.

Conclusion

Buying plot in OMR can be a profitable investment if done correctly. However, it’s essential to consider all aspects such as location, connectivity, infrastructure development, type of land available, and legal verification before making a purchase. With thorough research and proper guidance, you can find the perfect piece of land in OMR that meets your needs and budget. In the following sections of this guide, we will delve deeper into these factors so you can make an informed decision when purchasing land on OMR.

Newsletter

Sign up to our newsletter

Disclaimer

Thank you for visiting MGP website.
By using or accessing the website, you agree to the Disclaimer without any qualification or limitation. Design, specifications, floor plans, brochures etc., are subject to change without prior notice. Computer generated images; walkthroughs and render images are the artist’s impression and are an indicative of the actual designs. In no event will the Company, its management, its associated companies and /or its employees be liable for the claim made by the users including seeking any cancellation for any of the inaccuracies in the information provided on this website, though all efforts have to be made to ensure accuracy. Please note that by sharing any of your contact details on the website, you are authorizing the MGP team to provide information on our projects over Calls, SMS & Emails. To find out more about projects/developments, please call 7599975999 or visit our office during working hours and get in touch with authorized MGP sales representatives.