Property for Sale in OMR (Old Mahabalipuram Road), Chennai
Verified apartments, villas & plots in OMR (Old Mahabalipuram Road). Price range: ₹50L – ₹2Cr+. RERA registered, zero brokerage.
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Real Estate in OMR (Old Mahabalipuram Road), Chennai
Old Mahabalipuram Road (OMR) is Chennai's IT corridor — home to Tidel Park, Ascendas, RMZ Millenia, and hundreds of tech companies. OMR is the #1 choice for IT professionals buying their first or second home in Chennai. The stretch from Perungudi to Siruseri offers affordable 2 BHK apartments, premium 3 BHK gated communities, and fast-appreciating plots. Two metro lines passing through OMR have further boosted values.
FAQs — Property in OMR (Old Mahabalipuram Road)
What is the average price of a flat in OMR Chennai?
Flat prices on OMR Chennai range from ₹50–70 lakh for a 2 BHK near Perungudi to ₹90L–1.5Cr for premium 3 BHK apartments near Sholinganallur and Perumbakkam. Rates per sqft average ₹5,500–8,000 depending on the project quality and location on OMR.
Which part of OMR is best for buying a flat?
OMR Phase 1 (Perungudi to Sholinganallur) offers the best connectivity but highest prices. OMR Phase 2 (Navalur to Siruseri) offers 20–30% lower prices with newer projects and more greenery. For end-use, Phase 1 is better. For investment, Phase 2 offers better appreciation potential.
Is OMR Chennai good for property investment?
Yes, OMR has one of Chennai's strongest rental markets — IT professionals form a steady tenant base. Rental yields on OMR run at 3.5–4.5% annually. Capital appreciation has averaged 8–12% in established micro-markets like Sholinganallur, Perungudi and Karapakkam.
What are the popular localities on OMR for buying property?
Most popular OMR localities: Sholinganallur (best balance of price and connectivity), Perungudi (nearest to city, premium), Karapakkam (mid-OMR sweet spot), Navalur (Phase 2, affordable), Perumbakkam (massive new launches, budget-friendly), and Siruseri (tech park proximity).