Oragadam: The rising industrial powerhouse

Oragadam: The rising industrial powerhouse

by Godrej Properties Limited

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Chennai's Oragadam is an industrial district, conveniently situated about 55 kilometres from the city's centre, halfway between NH 4 and NH 45 (Grand Southern Trunk Road). One of Chennai's suburbs with the fastest population growth, Oragadam is quickly becoming a diverse commercial hub. It is regarded as South Asia's biggest automobile hub. In less than four years, the Sriperumbudur-Oragadam region has seen tremendous industrial growth, boasting more than 22 Fortune 500 enterprises, including six significant auto manufacturers.

Industrial and commercial hub

This region is home to numerous large Indian manufacturers, including Apollo Tyres, TVS, Asian Paints, and Essar Steel. Due to its easy accessibility to upcoming IT parks and prestigious companies, Oragadam is particularly appealing to professionals and their families.

It is situated in the city's southwest. Renowned international businesses like Komatsu, Renault-Nissan, Toyota, Johnson & Johnson, Daimler Benz etc. are based in Oragadam.

Oragadam’s superlative connectivity

Oragadam is strategically located between the Grand Southern Trunk (GST) Road and NH 4 and has excellent transport options. Both roads and railroads provide excellent access to the remaining areas of Chennai. Nearby bus stops include Tambaram and Chromepet. Also easily accessible from Oragadam are the train stations at Koyambedu, Egmore, and Chennai Central. An hour's drive will take you to the international airport of Chennai.

The state government's 300 crore Oragadam Industrial Corridor Road project improves connectivity in the area. Only 30 minutes from Oragadam, the Southern Railway is constructing India's second mega rail auto hub at the Singaperumal Koil station, which is located near Chengalpattu. The state received ₹ 1.03 lakh crore from the Union Budget 2021 for highway construction.

The recently opened phase II project of Chennai Metro Rail Limited (CMRL), will improve connectivity for Oragadam as well.

Oragadam’s burgeoning real estate market

Oragadam also has a lot of residential developments. Homebuyers have a variety of housing options to choose from, such as individual residences, flats, and residential plots.

In the southwest suburbs of Chennai, it is a real estate hotspot. Oragadam's real estate market has grown quickly due to a number of reasons, such as the prevalence of IT and automobiles clusters. Plots are coveted because of their close proximity to facilities like universities, medical centres, schools, and markets, which has brought in investment in both commercial and residential developments.

Real estate market trends

For a property in Oragadam, homebuyers can expect to pay between ₹ 3300 and ₹ 5100 per square foot.

Residential plots constitute for nearly half of all properties in Oragadam. The most prevalent format in this location, which makes up over 40% of the total, is 2 BHK. The average price range of a third of the properties up for sale in Oragadam is between ₹ 20 Lakhs and ₹ 40 Lakhs, which makes it affordable for low and middle-income buyers.

The monthly rent for about 40% of Oragadam's rental apartments is between ₹ 5,000 and ₹ 10,000. 3 BHK units make up for almost 40% of all units in this area.

Well-established Social Infrastructure

Plots in Oragadam- Your Next Investment

When planning to invest in Chennai real estate, you must consider investing in plots in Oragadam, especially at Gorej Sunrise Estate. With the potential for high return and the reputation of Godrej Properties, your investment will be backed by security and growth prospects.

FacilitiesNames
SchoolsVelammal VidhyashramSethu Bhaskara Matriculation Higher Secondary SchoolAnnai Violet International School
CollegesApollo Priyadarshanam Institute of TechnologyG.K. Shetty Vivekananda Vidyalaya Junior CollegeMariammal College
HealthcareParvathy HospitalOragadam Corporation HospitalRakki HospitalJaya Hospital
Retail outletsSpencer Plaza MallForum Vijaya MallBergamo Mall

These factors and more, make Oragadam an attractive neighbourhood to invest in. Whether it be for residential or for investment purposes, Oragadam offers its residents a unique mix of advantages and benefits.

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