Sholinganallur – A real estate hub of recent times

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Sholinganallur is an established residential node situated on the IT corridor towards the south of Chennai. It lies along the Old Mahabalipuram Road (OMR), and has witnessed a high demand for rental accommodation in recent times. Some of the IT parks in this area include, Prestige Cyber Towers, TEK Meadows, and Siruseri IT Park. With the IT corridors being in close proximity, the employment opportunities available in the locality is on the rise, and is expected to expand further. In fact, the rapid growth of Sholinganallur’s economy, population, and infrastructure can be attributed majorly to IT parks and dedicated Special Economic Zones (SEZs). Further, Tamil Nadu government’s TIDCO is building a Financial City in Sholinganallur to house global financial corporations.

Sholinganallur also promises a robust social and physical infrastructure. Homebuyers can enjoy easy access to good international schools, colleges, and eateries. There are also a number of shopping malls, theme parks, and premium multiplexes that are easily accessible from here. It is an important junction in the southern part of Greater Chennai. The two major roads that connect Sholinganallur to the rest of the city are, ECR Link Road and Velachery Main Road. The area is also served extensively by many local buses and auto-rickshaws that ply between the locality and other areas of the city. The nearest MRTS railway station is at Velachery.

Major IT companies such as Wipro, Infosys, TCS, PayPal, HCL Technologies, Cognizant, Tech Mahindra, Accenture India, etc. have established their presence here. More and more residents are being drawn to this suburb owing to the employment opportunities in the vicinity, good asset appreciation, excellent road infrastructure, proximity to beaches at ECR, and other entertainment venues.

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