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Why Oragadam is the next best Real Estate Investment Destination ?

17
Aug

Why Oragadam is the next best Real Estate Investment Destination ?

Oragadam- Chennai's largest and the most developed industrial belt. With over 22 Fortune 500 companies the town is known for its various industries and workshops pertaining to the automobile sector. It is known as the DETROIT of INDIA. Oragadam will soon become one of the largest Automobile hubs in the world.

The Sriperumbudur–Oragadam belt has seen tremendous industrial growth and is well-connected via road and rail. It will also provide additional connectivity between Grand Southern Trunk Road (GST Road NH-45) and Grand Western Trunk Road (NH-4). The Tamil Nadu government is also building the Rs.300 crores Oragadam Industrial Corridor Road to further cater to many new upcoming Industrial units in the automobile sector, Aerospace Park, Medical Devices Park and thereby creating thousands of new employment opportunities.

Several manufacturing giants have set up their units in this industrial belt stretching from Sriperumbudur to Oragadam., including Apollo Tyres, Asian Paints, Bosch India, Daimler India Commercial vehicles, Delphi-TVS Diesel Systems, GE Bayer, Flextronics, Silicons (India) Pvt, India Yamaha Motor, Motorola, Mindarika Private Limited, Nokia Siemens Networks, Nissan, Nokia SEZ, JCBL Ltd, Essar Steel, BPCL, Renault Nissan Automotive India, Royal Enfield, Komatsu, Sandhar Technologies Ltd, Stanfoss, TVS Electronics, and many. Since then there has been a huge demand for affordable housing units in and around oragadam. Now, Oragadam has now become the top hotspot for Real estate Investment.

Many New upcoming Projects will create thousands of Employment opportunities and thereby creating a huge demand for Affordable Housing Projects in this Vicinity.

Many upcoming Developments by Govt and Private sectors nearby our site:

1) Aerospace and Defence Industrial Park in Sirukalathur in Oragadam with 250 acres, this project will be implemented in two phases. The first phase is being established with a built-up space of 5.54 lakh sq. ft. at an estimated cost of Rs.250 crore

2) Medical Equipments Park at Oragadam will attract investments to the tune of ₹3,500 crores and is expected to provide direct and indirect employment to about 10,000 people

3) The Hiranandani group is investing a whopping Rs 1,200 crore to set up and develop a 115-acre industrial and logistics park that has the potential to create 3,000 jobs.

4) Mappedu Logistics Park will be executed at a cost of Rs.1200 crore on 158 acres of land owned by Chennai Port Trust and will generate nearly 10,000 Jobs.