Oragadam is an emerging residential area located in the suburbs of Chennai. Over the past decade, it has become a popular destination for real estate investment due to several reasons. So much so that when there are discussions on topics like “real estate Chennai”, Oragadam is a hot topic of conversation.
Why is Oragadam Township a Preferred Choice?
Almost every house hunt has seven “must have” elements on the checklist to be ticked. These are: –
- Reasonable Pricing
- Education and Academic Choices
- Job Opportunities and Options
- Civic Infrastructure
- Medical Facilities
- Greenery and open spaces
The Oragadam Township and Oragadam properties tick all seven boxes which makes it easy for most people to zero in on Oragadam to buy a house.
Oragadam – A Strategic Location
Situated almost centrally between National Highway 4 (NH4) and the Grand Southern Trunk (GST) Road (NH 45).
While the GST road helps Oragadam enjoy an arterial connection with all the prominent and key localities of Chennai including Meenambakkam, Tambaram, Chengalpattu, Tindivanam and Anna Salai, the Chennai Outer Ring Road links Oragadam with other prominent areas like Perungalathur, Vandalur and Redhills.
The NH 4 lends proximity to the golden quadrilateral’s Mumbai Chennai section through NH 4. The adjoining industrial hub of Sriperumbudur is effortlessly accessible from Oragadam, and so is Bengaluru via the Chennai-Bengaluru highway.
Oragadam properties are well connected to transport hubs like the international airport and major railway stations via a regular metropolitan bus service, a suburban railway network and cab aggregators.
Work and Business Opportunities
Oragadam’s sobriquet is “Detroit of Asia”, and there are very good reasons for that. From as early as 1996, when Hyundai first established its presence to the present day, a number of marquee global automakers have set up their base here including Nissan, Ford, Daimler, Royal Enfield and others.
State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has fueled the setup of a very large warehousing hub in Oragadam which has led to a spurt in jobs along with the omni-present IT sector which only leads to a larger demand of working professionals in Oragadam.
Education and Health in Oragadam
Hiranandani Upscale School, DAV Public School, St. Johns International Residential School, Apollo Polytechnic College, Sri Krishna College of Engineering and Technology are just some of the many educational institutions which cover everything from nursery to post graduation in Oragadam. These institutions also offer a wide variety of curriculums including CBSE, Cambridge and ICSE.
When it comes to health care, Oragadam Township is well looked after by the Apollo Group, MIOT Hospital, Apollo Clinics and others including diagnostic services and residential nursing services.
Reasonable Pricing – A hallmark of Oragadam Real Estate Investment
Compared to other prime residential areas in Chennai, Oragadam offers affordable housing options without compromising on quality and amenities.
Oragadam properties could be available from about Rs.2,852 to Rs. 3,572 per square feet. This price range makes Oragadam properties an instant hit with almost every section of the home buyer’s market.
Even luxury apartments in Oragadam could be available at around Rs.4,000 to Rs.5,300 per square feet. From a 2 BHK flat to large size apartments, villas and open plots – Oragadam township offers a wide array of housing options which makes it easy for buyers.
Oragadam – Greenery and open spaces
Whilst being an industrial hub, a bustling warehousing belt and an economic center – Oragadam still retains the precincts of nature, greenery and open spaces.
One of the most notable green spaces in Oragadam is the Arignar Anna Zoological Park, also known as Vandalur Zoo. The zoo is surrounded by lush greenery and has a lake that adds to its natural beauty.
Another popular spot for greenery and open spaces in Oragadam is the Vallakottai Murugan Temple. Its premises also have a large pond where visitors can relax and enjoy the peaceful surroundings.
In addition to these, there are also several parks and gardens in and around Oragadam that offer some greenery and open spaces.
Overall, Oragadam’s growth as an industrial hub has made it an attractive location for property investment. This has led to a surge in demand for all types of housing.
Luxury apartments in Oragadam are one of the most sought after property types given the number of families settling into Oragadam township. This has also led to Oragadam real estate investment becoming a practical option as an asset to park their corpus.
With a growing industrial estate, easy and strong connectivity to the Chennai Metropolitan area and a fast developing civic infrastructure and amenities – Oragadam is expected to continue its growth trajectory in the coming years making it an attractive destination for those looking for a home in new Chennai.