Exploring OMRs Real Estate Growth Radiance Realtys Signature Projects in Thoraipakkam

Exploring OMR’s Real Estate Growth: Radiance Realty’s Signature Projects in Thoraipakkam

OMR, Chennai’s busy IT hub, is not just about tech offices anymore. It’s now a great spot for homes and investments. Thoraipakkam, right in the middle of OMR, is a top pick. At Radiance Realty, we build projects that offer comfort, luxury, and smart investment. Let’s see how OMR’s real estate is growing fast and what we bring to Thoraipakkam.

How Did OMR Become Chennai’s Fastest-Growing Residential Area?

Have you seen how OMR changed? It was just an IT hub, but now it’s full of homes and businesses. This didn’t happen overnight. Here’s how it went down:

From IT Spot to Real Estate Star

OMR (Old Mahabalipuram Road) started as Chennai’s main IT area. Big companies in software, cars, health, and finance were here. This meant lots of people needed homes close to work. So, we and other builders started creating more than just offices.

Amazing Growth Numbers

  • Home prices on OMR have jumped almost 50% in the last five years.
  • Recently, prices went up by 21%.
  • The real estate market here is worth a huge $118 billion. It’s growing by 13.8% each year (2023-24).

These numbers show strong demand and that people trust this market. But why is it growing so much?

Better Roads Make Travel Easy

Good roads and transport make a place good to live in. OMR has:

  • A six-lane main highway and wide local roads.
  • Good bus and train services.
  • A new metro line is coming that will connect OMR to important Chennai spots like Adyar, Guindy and Saidapet.

These things make getting around simple and bring in more residents.

More Areas Are Growing

Places like Navalur, Padur, and Karani, which were once far out, are now full of new projects. This growth past Sholinganallur shows OMR’s appeal.

South Chennai Wants More Homes

Did you know? South Chennai makes up 60% of all home demand in the city. OMR’s great location helps this trend, making it a hot spot for homebuyers.

Our Signature Projects in Thoraipakkam

We’ve been changing Thoraipakkam’s look since 2012. Our founder, Varun Manian, started the company, and we’ve built a name for good quality and finishing projects on time. Let’s look at our main projects and their impact.

Why Thoraipakkam?

Thoraipakkam is on the OMR IT Expressway between Perungudi and Sholinganallur. It’s a top choice for homes because:

  • It has direct access to major job centers. No signals!
  • It’s close to top schools, hospitals, shops, and restaurants.
  • It’s just 20 minutes to Adyar using the Thoraipakkam-Pallavaram Radial Road.

This mix of easy living and good lifestyle is hard to beat.

Radiance Mandarin: A Project We Completed Successfully

Radiance Mandarin is a great example of good planning. Here’s why:

Feature Details
Status Done
Land Area Mandarin Cozy phase on 3.4 acres
Units 90 small, nice homes (part of a 360-unit area)
Types of homes 1–4 BHK (1 & 2 BHK Cozy units; bigger luxury homes 1757–2375 sq.ft)
Pricing All sold out
Amenities Gym, pool, indoor games, jogging track, library, Wi-Fi zones, 24×7 security
Location Next to Perungudi Toll Gate on OMR

Radiance Mandarin’s homes appeal to young professionals and families. They offer both small and large living spaces. The project’s facilities support a lively and connected life.

Radiance Eternity: Our Next Luxury Home Address

Coming in June 2025, Radiance Eternity promises super fancy living in Thoraipakkam:

Feature Details
Status Before launch (June 2025)
Land Area 2.21 acres
Units 215 super-premium apartments
Types of homes 2 BHK (1356–1400 sq.ft), 3 BHK (1714–2171 sq.ft), 4 BHK (2618–2711 sq.ft)
RERA Registration TN/29/Building/0206/2025 (17-06-2025)
Amenities Half-Olympic pool, sports courts, garden area, co-working lounge, EV charging for each unit, three-level security

Radiance Eternity is for people looking for luxury and future value. The project shows how buyers now want good lifestyles, places to work from home, and eco-friendly features.

Why Should You Look at OMR and Radiance Realty?

Are you wondering if buying a home or investing in OMR is a good idea? Here’s why it makes sense:

Strong Price Increase and Rental Demand

Lots of IT workers need places to rent, so rental demand is high. Projects like Radiance Mandarin already give good rental income. Radiance Eternity offers the chance for future value growth.

Our Good Track Record at Radiance Realty

We are in many cities and focus on quality and on-time delivery. This has built trust with buyers and investors. Our projects fit different budgets and tastes—from affordable apartments to luxury villas like Radiance Marina (priced around ₹5.59 crore).

More NRI Investment is Coming

Non-Resident Indians (NRIs) are expected to invest $15 billion in Indian real estate in 2023. About 12% of this will go to places like OMR by 2024. This trend helps boost demand and keep prices steady.

Lots of Different Homes and More Areas Growing

Our offerings at Radiance Realty fit different lifestyles and budgets. Meanwhile, OMR’s areas are expanding.

In Conclusion

OMR’s real estate story is about growth, smart investments, and a great life. Radiance Realty’s projects like Radiance Mandarin and the upcoming Radiance Eternity show our focus on quality. With strong price increases, rental demand, and NRI interest, OMR is a great choice for both homes and investments. Come join the growing number of happy residents in OMR!