Friday, September 30, 2011

OMR: Emerging New Chennai

The Hindu,in a marketing supplement on the Chennai property scene cites Sandeep Mehta of Jain Housing as saying that the most emerging property market is on OMR - the Perungudi-Padur stretch.
OMR is going to be the New Chennai, according to Sivagurunathan of Asvini Foundations.
R K Raman,DLF India Ltd.,says house buyers want a lifestyle - they expect a school nearby, continuous water supply, standby power, shopping and healthcare facilities, clubbing, sports and entertainment and space for walks.
Chitty Babu, Akshaya Homes, reckons people prefer apartments away from the city, but with amenities such as a pool, shuttle court, play equipment, a school, creche and a park. Given all this, they don't mind the travel to work.

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