Oragadam Emerges As A Major Investment Destination In Chennai

Popularly known as the biggest automobile hub of South Asia, Oragadam is one of the busiest and fasting growing suburbs of Chennai. The locality in recent time has emerged as a major investment destination due to the presence of several industries as well as over 22 Fortune 500 Companies. Apart from this, smooth connectivity and sound infrastructure have made this area investors and well as buyers friendly too.

Oragadam is located 55 km from the Chennai and enjoys seamless connectivity to the surrounding areas via a thriving rail and road transportation system. In order to smoothen up the connectivity, the state government is also developing an Oragadam Industrial Corridor Road with an expected expenditure of Rs 300 crore. This road will further add feathers to this area with enhanced connectivity to Grand Southern Trunk Road i.e. NH 45and Grand Western Trunk Road i.e. NH 4.

Currently, the Sriperumbudur–Oragadam belt is one of the flourishing industrial belts in complete South Asia. At present leading industries and companies like Renault-Nissan, Motorola, Samsung, TVS Electronics, Dell, Ford, Apollo Tyres, Yamaha Essar Steel, Royal Enfield, BPCL, GE Bayer, and Silicons (India) are executing their work from this belt. Moreover, with the development of the Industrial corridor, several other industries have shown their interest to set up their base here.

The locality is also home to many famous educational institutions, hospitals, and recreation centres.

Due to the presence of burgeoning industrial belt, many renowned developers have developed and others are developing their residential projects in Oragadam. Presently, realtors like Hiranandani, Arun Excello, Natwest Estates, Casagrand etc. are constructing housing units here. From compact home to luxury houses to spacious plots, a homebuyer can easily invest in a unit which fits best to their pocket. The current average property price in Oragadam is Rs 3,651 per sq.ft.