What makes Sholinganallur an emerging profitable investment location of Chennai?
Gone are the days where people invested in the major locations of Chennai such as Anna Nagar, OMR, Pallavaram, Tambaram, ECR, and others. Why only limit with investing in only these major locations? Why not extend it by investing in and around the locations? Chennai is now experiencing a ton of infrastructural developments and immense progress in the real estate market. Among those around-major locations, Sholinganallur finds a unique place for high profits. Investors always considered OMR as the major investment hotspot in Chennai for both commercial and residential properties. Likewise, expanding it encourage towards Sholinganallur is a shrewd investment decision which just a couple of financial investors know. As there are such a significant number of reasons why Sholinganallur makes an emerging area with high profits of Chennai, listed beneath are some of them.
The advantage of this location is huge and has a great connectivity all over
Sholinganallur is one significant area which is well-connected by roadways. It connects ECR to Tambaram, Mudichur, and Adyar all the way to OMR as well through road. This takes up the advantage of attracting more investors flocking towards Sholinganallur as there is much connectivity around it. There are a colossal number of IT companies set up around the locations which are an open invitation for the realty developers to start small affordable housing projects in Shollinganallur.
Due to the incredible network of MNC and Non-MNC companies around, there comes a state where young professionals working in Chennai need a place to stay. This is a great opportunity for investors to invest in 1 & 2 BHK flats for sale in OMR Sholinganallur which can be rented out for the career starters. The transport facility along the OMR stretch services for about 24/7 and this makes travel easier for the employees working around the locale.
The IT companies attract developers to set up more residential projects
Due to more number of employees working in these IT companies leads to more residential projects in Sholinganallur area. Some of the companies located in this locale are Infosys, Tata Consultancy Services, Cognizant, HCL, Tech Mahindra and Accenture. This is why, the employees working here mostly prefer to buy Flats in OMR.
The days were known to travel hours and hours to reach the workplace are gone and now came the time to stay in the nearest apartments in Sholinganallur OMR. With the increase in population in Sholinganallur due to those significant numbers of employees working in the IT parks is now taking steps to settle down buying Luxury Villas in OMR. Things in the real estate market are now changing rapidly and can expect an incredible growth in the near future around the Sholinganallur area.
Also Read : Speculation on Property in Chennai Location Sholinganallur