Why Investing in Plots in OMR is a Good Option

Over the past years, OMR, or Old Mahabalipuram Road, has become the most researched real estate destination among both investors and end-users. The IT/ITES companies located along this tech belt have created a promising demand for this locality in the real estate sector. If you are wondering why buying a plot in OMR is a smart move, then we bet you have arrived at the right place to crack this question! Read on to uncover why investing in plots in OMR is a good option!

Bag a Piece of Future

OMR is the top trending suburb in Chennai city with humungous development plans and infrastructural projects. From the biggest SEZs to the tallest tech park in Tamil Nadu, all are located here. Also, the government has come up with several infrastructure upgrades that will further make this neighborhood future-ready with next-gen technology. So, buying a plot in OMR lets you enjoy a future-ready locality.

Lower Investment

Despite OMR transforming into the top tech hub in Tamil Nadu, it still boasts affordable and reasonably priced plots compared to the properties sold in Chennai city. This is a huge advantage for investors, especially first-time real estate investors. In addition, compared to other types of property, plots hardly need any maintenance or renovation expenses, which is another bonus to buying lots in OMR.

Several Choices and Customizable

OMR offers a variety of plots like residential plots, commercial plots, agricultural plots, and even industrial plots. The most preferred option is the gated community plots, while the most affordable plots can be found in non-enclosed plotted developments. Plus, land is the best option for those who want to build their uniquely styled dream home, as they can customize it to their heart's content. So, buying a plot offers you several choices and flexibility.

Connectivity to ECR & GST Road and the City

Those areas close to prime areas and near the city tend to appreciate in value faster. And this is an added advantage when you buy a plot in OMR. From OMR, you can easily access the ECR road and the GST Road in about 20-30 minutes by accessing the connecting roads. OMR Road also runs parallel to the East Coast Road, and both these roads can be used to reach Pondicherry.

Solid Demand and Good ROI

With the presence of several employment zones, prestigious residential communities, and growing infrastructure, the demand for land, particularly residential plots and gated community plots, is high on OMR Road. As discussed above, buying a plot here is still affordable when compared to the localities within the city limits. So when you secure a plot on OMR Road, you get to invest less and reap more. The IT Corridor continues to attract major companies from all over the world, which will surely set out to increase real estate prices in this area.

Excellent for Future Home Builders

We all dream about owning our very own home; in fact, many dream about an individual house on their very own land. However, for many, this adventure starts with first securing the land and then waiting until the finances are ready to build their future home. For such residential development in the near future, buying a plot in OMR is a wonderful choice! OMR, despite being an IT hub, offers its residents a wholesome, modern, and dynamic lifestyle that residents absolutely cherish!

Now that you have read this far, we bet you are smitten with this tech hub and developing residential area. Here are some quick links to find Plots for sale in OMR, where you can discover verified listings of plots and make informed decisions.