Oragadam is an industrial town which lies on the outskirts of the city Chennai. It is actually one of the world’s largest automobile hub only next to Detroit in USA. In the last few years, the Sriperumbudur–Oragadam belt has witnessed tremendous industrial growth and more than 22 Fortune 500 companies had set their feet in this region. Even automobile giants like Ford and Renault-Nissanhave their units in Oragadam.
Oragadam is strategically located between two national highways i.e. the NH 45 (Grand Trunk Road) and NH 4. The locality connects with the adjoining areas in the region via a four lanes expressway which connects Oragadam to Chennai-Bangalore highways. Through this expressway, Tambaram is just 33 minutes away. The State government has recently announced a Guduvancheri-Sriperumbudur railway link that will pass through Oragadam.
At around 55 kms of driving distance from Oragadam lies the Chennai railway station and at 34 kms is the Chennai airport.
Schools and Hospitals
Oragadam is home to several reputed schools and colleges. Gov Adhithravidar School, Apollo Polytechnic College, International Bible College, Thriveni Academy, Gopal Ramalingam Memorial Engineering College, Sri Engineering College etc. are few prominent amongst them.
Medcorridor Health Group is the major hospital situated in Oragadam.
Real Estate in Oragadam
Till a decade back, Oragadam was a sleepy locality, but today it is one of the fastest growing suburbs of Chennai. This has motivated residential developments here.
A rapid upsurge can be experienced in this region as many prominent builders are going for residential properties in Oragadam. We can say that this sudden demands is driven by investors who are working in industrial and manufacturing units in this region. Renowned builders like Deva Constructions, Real Value Promoters, Tata Housing, Arun Excello etc. have launched lavish projects in this locality. Deva Construction’s Daffodills, Real Value Promoter’s Sai Uptown, Arun Excello‘s haa, Housing’s Crescent Lake Homes etc. are few amongst them.
Average price of an apartment in Oragadam is Rs 2,934 per sq. ft. with unit sizes ranging from 375 sq. ft. to 2,804 sq. ft. Around 5 projects are under construction here today with 3 of them expected to get possession in 2014.