As the sun rises over Chennai's eastern horizon, it sheds a golden glow over a stunning change that has occurred through the years. The Old Mahabalipuram Road, often known as OMR, was once a tranquil stretch of land but has since been transformed into a busy hub of chances and hopes. This bustling neighborhood has seen the emergence of not just technical behemoths and educational institutions, but it has also become a shelter for real estate investors, notably in the domain of villa plots.
Ahead in the blog, we will discuss the several factors that make purchasing villa plots in the real estate market of Chennai a wise choice. OMR offers an array of advantages that form a compelling image for investors, including its unrivaled connectivity to educational and IT centers, its strategic closeness to well-known sites, and the easy access it gives to social life and entertainment. We'll also get into the strong infrastructure that supports OMR's development and the potential rental market that turns villa plots into reliable sources of revenue.
Let’s dig in to explore the hidden treasures that make OMR an appealing location for intelligent investors seeking both value and prosperity.
As we close the book on our investigation of OMR's investment potential, the data speaks for itself: this growing locale is a land of opportunities ripe for the taking.
As reports say, During the Jan 2023 to June 2023, the average price of residential properties in Chennai rose by 3% YoY to ₹4,350 per sq ft from ₹4,300 per sq ft. Because of the boost in sales in the residential real estate of Chennai and with the real-estate price trends in OMR, this is the perfect time to make a sound investment.
According to reports, Chennai’s residential market has noticed a 3% YoY appreciation during the first half of 2023. The city saw a huge surge in the residential market by selling 7,150 housing units. As the real-estate growth rate in Chennai keeps evolving, you can make a sound investment with a trusted developer.
And we at Akshaya believe in turning dreams into reality. Own a piece of this thriving paradise with our leading projects like Akshaya Earth, Akshaya Brindavanam, and Akshaya KVG. So, why delay? Take advantage of the opportunity, invest in OMR's villa plots, and watch your future grow in the lap of this contemporary masterpiece.
Begin your path to success with our outstanding villa plot developments on OMR. Your ideal investment is waiting for you; secure it immediately!