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OMR Bids Affordable Property Rates

OMR is the suburban area which is positioned in South Chennai. OMR is the leading IT corridor in Chennai. The suburb starts from Madhya Kailash Temple and continuing to Mahabalipuram. The progress rate for flats for Sale in OMR is high over the years. In the past years, people were not having mindset of buying home at OMR. But at present that mindset was broken and most of the people are ready to invest in OMR Properties for Sale. This is because the OMR is a seeing a robust growth due to the impact of IT/ITES sectors. Furthermore, the realty experts say that suburb offers good returns. This in turn raises the property prices in OMR. Hence it became an ideal destination for the potential buyers.

The rates and trends for this region vary from one quarter to another quarter. The flat rates in OMR for the Oct-Dec 2012 are Rs. 3813 per sq. ft. and then depreciated to Rs. 3592 in Jan-Mar 2013 quarter. In Apr-Jan quarter, flat prices in OMR increased to Rs. 3703 and prices are again raised to Rs. 3733 in Jul-Sep 2013. From the Oct-Dec 2013 quarter, the property prices in OMR are appreciated to be Rs. 3843 and it remains same in the next quarter of Jan-Mar 2104. Here the suburb provides a lot of residential configurations. The cost price for the 3 BHK flats for sale in OMR Road Chennai is ranging from 33 lakhs for 1045 per sq. ft. OMR favors the home buyers mostly due to high rental values and affordable flat rates in OMR.

Suburb is a residence for several IT/ITES hubs. Due to the close vicinity to the workplaces, people are making their stay at Velachery flats for sale. OMR is a place for well-known Engineering colleges, hospitals, etc. which booms in the residential real estate. This locality is easily connected to other areas by bus and trains. Easy connectivity makes the people to purchase a Velachery flats for sale. This location bids a serene free environment and people can enjoy the view of backwaters of the coastline. This is the main reason why builders choose this place for the residential developments. Builders offer flats for sale in OMR on backdrops of shoreline including a wonderful and most astonishing amenities covered by landscaped garden within the township premises. Really! These features will permit the residents to enjoy annoyance free living experience.

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5 Comments

  1. Hi,
    I truly like to reading your post. Thank you so much for taking the time to share such a nice information. I'll definitely add this great post in my article section.
    Flats For Sale In OMR

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  2. Thanks for your kind words.......Don't worry for a flat in OMR. Thinking of buying a flat in OMR, choose Real Value’s Neelkamal, one of the most prominent real estate companies in South India. We located opposite to SIPCOT IT park in Siruseri with reasonable price and high class amenities.


    Flats For Sale In OMR

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  3. Thanks for sharing useful information for us.....The need of residential properties in Chennai is forcing the real estate market beyond the city limits and OMR(Old Mahabalipurum Road) is one of these places where the real estate buyers of Chennai are focusing. Not only the real estate properties for buying for with so many residential projects in different stages of constructions in OMR, there are numerous Flats For Rent In OMR.

    Flats For Rent In Omr

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  4. Helpful recommendations you have shared.
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  5. I would recommend you to buy flats in OMR for Radiance Realty as they are providing excellent amenities

    ReplyDelete