Oragadam Locality Review

Q:
I am planning to buy a property in Oragadam. I have recently shifted from Jaipur. Please let me know if the locality safe ? Please let me know if it is a good idea to buy a property for investment purpose ?

Srinivas , Chennai

24th April 2014

Locality Review in Oragadam, Chennai

buying property

investment advice

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Replies (6)

Dont go with brokers for buying land in oragadam. Broker name pugalenthi he is a thief he steal your valuable item
when showing the land. Dont trust pugalenthi.

1st August 2018

Comment

What is the current rate per sqft going on in this project? Is there any chances that the property price might go up in this locality?

Sreenath, Chennai

1st August 2016

Comment

Presently the rate per sqft going on in this project ranges from Rs 3000 to Rs 3200. Considering the proposed initiatives taken by the government, the micro market is expected to witness good amount of investment which in turn will increase the housing demand.

Javed, Chennai

1st August 2016

How is the accessibility and connectivity from Oragadam to other parts of the city? What is the ongoing price trends in Oragadam ? Which are the good projects in Oragadam which is worth investing? Can you tell me the price details as well.

Balwinder Singh,

24th April 2014

Comment

@Balwinder: With excellent road, rail and air connectivity, Oragadam is humming with infrastructural projects the Outer Ring Road that will run along the peripheries of West & South Chennai, a new rail line that will connect the region to the city and the proposed new airport.

Average apartment prices in this locality range from Rs. 3,000 to 5,200 per sq. ft. Average land prices are Rs. 2, 500 to 6, 500 per sq. ft. Major builders in this area include Arunexcello, Hirco Developments, Inno Advisory Private Limited, Sakthi Vinayagar Properties.The Stamp Duty is 7% and Registration Fees is 1%.

Some of the good projects are as follows :

ALLIANCE VILLA BELVEDERE

Inno Geo City Sector 1

Compact Homes Vasantha, Chennai

Hiranandani Palace Gardens, Chennai

Casa Grande Arena, Chennai

Gurmeet,

24th April 2014

Thank you for the quick response. I heard there are many reputed colleges here. Can you name some reputed schools and colleges ? How is the social infrastructure there ?

Balwinder Singh,

24th April 2014

Comment

@Balwinder: Some of the good educational institutions are like Little Flower Hr Sec School-Theraesapuram , Apollo Polytechnic College, Sri Krishna Engineering College - Located at Panapakkam, Dhaanish Ahamed college of Engineering-Located at vanchuvanchery , Raasi college of Engineering-Located at vanchuvanchery , P.S.TempleGreen Vidhyashram (CBSE) at the ArunExcello's TempleGreen project.Mathur post etc.

Hospitals such as Fortis Malar Hospital, Sri Ramachandra Medical College and hospital are also near by.

Kunal,

24th April 2014

Oragadam is very clean with ample parking space and 4 lane roads. The road to Walajabad is going to be made into 6 lane highway. Recently Asia largest vehicle testing track and research center was opened in this locality. Oragadam is the most happening place in Chennai at present and it is now connected by 4 lane road to Chennai-Bangalore Highway. Very soon Southern Railway is going to connect Sriperambudur and Oragadam to Indian Railway network.

The area is well-connected via road and rail and according to industrial experts, the presence of automobile giants like Renault-Nissan and Ford has triggered growth around Oragadam. Several manufacturing giants such as Motorola, Dell, Flextronics, Samsung, Nokia, Apollo Tyres and TVS Electronics, have set up their respective units in the industrial belt stretching from Sriperumbudur to Oragadam.

Kunal,

24th April 2014

Comment

As far as I know the security quotient in Oragadam is good due to the presence of streetlights. Oragadam is a town and industrial area located on the outskirts of Chennai, India. It is located 25 km East of Kanchipuram and is centrally located between grand Southern Trunk Road (NH 45) and NH-4. The locality, known as the biggest automobile hub in South Asia, is one of the fastest growing suburbs of Chennai.

Yes, it is good for investments as you can get good returns in future. It is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both short term investments as well as long term purpose. Within 3 to 4 years you can expect good appreciation.

Also the Millennium Square is located at Oragadam on the Bangalore Chennai highway in the outskirts of Chennai and Strategically designed on a site area of 11.5 acres. The Millennium Square is well connected with wide well networked roads that make to travel from the city easy and comfortable.

Gurmeet,

24th April 2014

Comment