Karapakkam Chennai is on the real estate growth and is seeing the rising demand in residential and commercial spaces; the under-construction metro phase 2 of the Chennai metro expansion plan is bringing a surge in land prices and is making a hot spot for investment opportunities.
Karapakkam, which is a part of Greater Chennai is home to several BPO, IT/ITES companies such as Mahindra Satyam, Pantheon, Scope International, Capgemini, Tata Consultancy Services, Accenture, Cognizant Technology Solutions, Photon Infotech and Infosys, which are situated along the Rajiv Gandhi Salai (OMR). Let’s look at why Karapakkam Chennai is the new hot spot for growing investment options.
Why Choose OMR?
Let’s look at the historical overview and future projections of why OMR Chennai real estate market is hot selling.
Historical Overview:
10 Years Ago:
The Rise of the OMR IT Corridor: OMR began attracting numerous companies and saw developing road infrastructure; the challenge was connectivity to other parts of Chennai.
5 Years Ago:
Rapid Growth and Expansion: This period witnessed fast growth in OMR Chennai real estate market. As it was fuelled by the emergence of more MNCs and IT parks, the market saw residential projects featuring modern amenities like swimming pools, gyms, and clubhouses signalling premium offerings.
Today:
A Maturing and Established Market: The new phase of metro expansion, shows that OMR has matured into a well-established real estate market, both in residential and commercial space. Significantly improved road networks and public transport have enhanced connectivity.
Future Projections:
5 Years Later:
Continued Growth and Upgrading: The next five years are expected to bring continued growth, fuelled by the expanding OMR IT corridor and ongoing infrastructure development. There will be an increased focus on smart living, integrated townships, and sustainable communities, catering to evolving lifestyle preferences and making the OMR Chennai real estate market a lucrative one.
10 Years Later:
A Prime Residential and Commercial Hub: In the coming years, OMR will be offering a balanced mix of residential, commercial, and recreational spaces. A well-developed and integrated infrastructure network, including seamless connectivity to other parts of Chennai and beyond, will solidify OMR’s position as a prime destination.
Five reasons to invest in plots for sale in Karapakkam Chennai
- Travel accessibility
The transport connectivity has improved over the last decade and is witnessing some major introductions like the metro line which will connect Karapakkam Chennai to different parts of Chennai i.e. Corridor 3 connecting from Madhavaram to SIPCOT. This has a separate metro station for Karapakkam and will be a great relief for regular commuters, cutting their travel time significantly. This is one of the foremost reasons that is contributing to the demand for plots for sale in Karapakkam Chennai.
- Major employment hubs
We all know the OMR IT corridor which has witnessed expansion significantly houses the major IT and ITES companies like HCL, Hexaware, Cognizant, and Zensar, amongst others. The employees working here find it convenient to stay in the areas in and around their office location to save commute time and thus also save from travel stress arising from the long duration of travel. The rise in demand for residential plots in Karapakkam Chennai is fuelled by the presence of these employment hubs in the OMR IT corridor.
G Square Crystal offers plots for sale in Karapakkam and is in close proximity to:
– Capgemini (1.4 km)
– Standard Chartered (2.1 km)
– Tech Mahindra (3.2 km)
- Property options
The huge influx of people from different parts of the country for employment in the IT sector makes Karapakkam Chennai a hot spot for residential purposes. If you are looking to invest in residential plots for sale in Karapakkam Chennai, G Square Crystal is the ideal place. It offers you the independence to build your own home and you can explore rental options making it a good investment.
- Infrastructure
OMR enjoys good connectivity now as compared to the past ten years. Public transport is good and now with the development of the phase 2 metro line, the hopes have risen up. Infrastructure benefits are good and are a positive sign for the coming years. It has a Panchayat Elementary school, a government high school and Hindustan International School – CBSE. Annai Fathima Home for the Aged and Tsunami victims is also located in Karapakkam. It is 10 km from Thiruvanmiyur. Arulmigu Drupadi Amman, Arulmigu Gangai Amman, Arulmigu Vendavarasi Amman, and Arulmigu Kali Amman temples are some of the places of worship there.
Why choose G Square Crystal for investment in Karapakkam Chennai?
G Square projects offer secure, well-planned plots designed with your convenience in mind. Strategically located in prime areas, this project ensures easy access to essential amenities like top-tier hospitals, bus stands, and a variety of hotels. Whether it’s for your daily commute, emergency healthcare, or leisure, everything you need is just a stone’s throw away. This perfect blend of accessibility and security makes G Square Crystal in Karapakkam Chennai, an ideal investment for your dream home, providing both comfort and peace of mind for you and your family.
G Square Crystal Highlights :
- Villa plots in a secured plot community 500mts off OMR at Karapakkam..
- 48 Residential Plots in a secured community spread across 1.75 Acres.
- Plots ranging from 900 Sq.Ft.
- 3 mins from Sholinganallur Jn.
- 5 years of free maintenance.
- State-of-the-art infrastructure like black top roads and LED street lights.
- 24/7 CCTV surveillance.
- Ready-to-construct secured community.
- Expansive landscape.
- Approved by CMDA.
