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- DATE : Jan 5, 2019
Oragadam is a suburb that is seeing a hypersonic prosperity, on the peripheries of Chennai. Snuggled between the Grant Southern Trunk Road (GST) and NH-4, the territory boasts of stationing some of south Asia’s automobile/electronic manufacturing giants.
Until a few years ago, the zone was quite unknown, but since it is gradually evolving into a multi-faceted business zone, Oragadam has endured an aggressive and enterprising growth in recent years. At present, some of the world’s leading companies and manufacturing giants like Renault-Nissan, Ford, Motorola, Dell, Flextronics, Samsung, Apollo Tyres, JCBL Ltd, Essar Steel, BPCL, Delphi TVS Diesel Systems Ltd, GE Bayer, Silicons (India) Pvt Ltd have their base in Oragadam. The very presence of these elements has triggered accelerating growth in Oragadam.
The ascending real estate in Oragadam is due to the enormous affordable investment options, varieties in housing investments and solid return on investments. There are various reasons for the steady and prompt upsurge of Oragadam real estate and why people prefer the locality.
- High levels of migration
- Better quality of living
- Increased affordability
- Lower additional costs
- Numerous affordable housing options
- Low property prices.
- Lesser capital investments
- Better return on investments.
- Lower maintenance
are some of the crucial features that fascinate investors to Oragadam, apart from the overabundance of career prospects arising out from the businesses operating there.
The region is primarily occupied by business people as also trade and IT employees. It has got an exceptional connectivity to the Central part of Chennai.Located between 2 National highways and 3 state highways i.e. NH4 (Chennai – Bengaluru highway) – and NH45 (GST), SH48 (Tambaram – Walajabad Road ) – SH57 ( Sriperumbudur – Singaperumalkovil Road) and SH120 ( Walajabad -Sunguvarchatram Road) making one of most connected suburbs. The connectivity has improved leaps and bounds, after the construction of the Outer Ring Road.
Rental trends display a promising up the graph returns for housing and residential plots.
The real estate market at Oragadam has witnessed a pick up far more expeditiously than any estimation foresaw it to. With the economy bouncing back to stroke, the residential real estate market has recuperated powerfully. Demand has resumed, prices have amplified or stabilized and a number of new projects have come onto the market.
2017 was a validating year for the Oragadam rental market as it found its abode in the real estate development, and 2018 will witness the opening of further opportunities for the rental inhabitants and secure returns for titleholders.
Oragadam, today is one of the most reputed developed sectors in the country. Over the last decade, the area has also developed a reputation to be known as a great residential hub, with apartments, gated communities, and independent homes coming up in a big way. Nevertheless, in spite of the real estate values in Oragadam experiencing an upward trend, there are yet various reasonable projects at Oragadam, paving a way for even the middle-income investors to realize their dreams of possessing homes and lands in Oragadam.
To add on to the endless advantages of Oragadam, Ananda Green Manthra sets foot to deliver a living experience that is a class apart. Ananda Habitat aims at creating a refreshing environment with a commitment towards providing well-planned layouts.
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