Why Should you Invest in Oragadam?

Introduction

The business of real estate is a huge competitive market. For decades, the idea of owning a property is a dream in every household. With the advent of rapid industrialization and urbanization, the returns on investment in real estate have more than tripled. Investing in real estate is driven by a number of factors such as location such as outskirts or close to the city, amenities such as school, transportation, shopping complexes and recreation including the development projection of industries nearby such as manufacturing, information technology park and similar. Oragadam in Chennai is one such locality that is enjoying the limelight now.

Why Should You Invest in Oragadam?

Rapid urbanization also means more purchasing power with people migrating from across other states pushing up real estate demand. Owing to its proximity to IT parks including other corporate houses that are eyeing it for setting shop, Oragadam has slowly gone on to become a new flavor of the season and this is not the only reason. The area enjoys a unique mix of both residential and commercial development that maximizes the real estate potential to position it to different target audiences. Other critical factors that play in its favour is a short travel time of an hour to the airport, proximity to the Koyembadu bus stand that is the main hub for travel across states, including accessibility to key highway routes such as Vandalur-Walajabad, Grand Trunk Road, and Singaperumal Koil highway.

Oragadam is very well known for its industrial and automobile presence including the big Fortune 500 companies such as DELL, Flextronics, Samsung, Nokia, Ford, BPCL, Reanult-Nissan, Essar Steels and Apollo Tyres to name a few. This means the area generates solid employment opportunities and is expected to multiple in the future course of development, because of a vast number of government funded projects that are expected to be underway in this area. Another attractive feature is paving the way for an aerospace park, which is expected to attract a minimum investment of INR 1,000 crores and value generation in the form of employment to upto 30,000 or more. All these points to more potential to become bigger and better in the future.

With people seeking residences closer to their area of work, the need to ensure the amenities for their families becomes a paramount factor. Oragadam enjoys the presence of several well established schools such as Don Bosco Matriculation, Doveton Correy Boys Higher Secondary School to name a few. Residential complexes and projects in Oragadam cater to a cross section of people right up to luxury villas in gated communities promoted by top notch builders. These come with a vast array of amenities such as well manicured parks with trails, gymnasium, vegetable shops, round the clock, 24 hour security including medical facilities. So you do not really need a club membership these days, especially with a mini club build in house! Further these luxury projects also come with a seal of approval such as DTCP approved plots and clear titles which remove any hazzle of fraud or ambiguity which has remained a cause for concern in this unorganized sector.