Oragadam is steadily becoming a hot property market in Chennai. Costs are a major factor when it comes to affordable housing projects and suburban areas of metro cities are the major drivers of real estate growth in this regard. The scenario is similar in case of Oragadam in Chennai which has comparatively affordable property rates. Oragadam is being positioned as the biggest industrial zone in Chennai and has come up as a proper extension of Chennai city. Industrial growth has transformed the Oragadam-Sriperumbudur region over the last few years and several Fortune 500 companies have their units here including several famous automobile biggies. Oragadam also offers great connectivity through a network of roads and trains.
Several professionals are migrating to Oragadam on account of job opportunities and this has boosted the real estate market in the area. The State Government is also investing in the development of the locality. In the Vision 2023 document, the TNRIDC (Tamil Nadu Road Infrastructure Development Corporation) will be pumping Rs.300 crore for the Oragadam Industrial Corridor Road by raising funding from the State Highways department. This project will spur further growth in the industrial sector here and enhance overall connectivity between the Grand Western Trunk Road and Grand Southern Trunk Road.
There are several reputed schools in the neighborhood like the Don Bosco Matriculation Higher Secondary School, Doveton Correy Boys Higher Secondary School and the Chennai Corporation Higher Secondary School. Leading hospitals like the Abhijay Hospital, Amrit Hospital and Stanley Hospital are located here along with shopping centres like the Spectrum Mall, Fountain Plaza and Abhirami Mega Mall. Oragadam is well connected to several vantage points in Chennai city including Chennai Central, Koyambedu bus stand, Chrompet and Tambaram bus stands and the Chennai Egmore railway station. The Chennai International Airport can also be accessed within an hour. Premium projects like VBHC Oragadam are also coming up in Oragadam.
