Is OMR (IT Corridor) a Good Place to Invest? (Chennai, 2026)
By Property Point Advisory·Updated September 2026
In short
OMR (IT Corridor) in Chennai: Chennai's IT spine and launch hotspot. Homes in OMR (IT Corridor) average about ₹9,950 per sq ft (Square Yards locality price-trends page, Jun 2026). Prices rose about 7% year on year (Knight Frank India, India Real Estate H1 2026 (Jan–Jun 2026), H1 2026 vs H1 2025). Whether it is a good buy depends more on the project, the entry price and your horizon than on the area alone.
The investment case
The Old Mahabalipuram Road (Rajiv Gandhi Salai) is Chennai's IT and residential engine — home to SIPCOT tech parks, top schools and the bulk of the city's new launches, with the metro extension underway.
Demand here is driven by IT employment, Metro connectivity, Rental demand.
Numbers at a glance
- Average price: about ₹9,950 per sq ft (Square Yards locality price-trends page, Jun 2026)
- Price growth: about 7% year on year (Knight Frank India, India Real Estate H1 2026 (Jan–Jun 2026), H1 2026 vs H1 2025)
Risks to check
- Metrowater vs borewell; also verify the plot is outside CRZ and flood/swamp zones
- Project approvals, RERA registration and clear title
- Whether current prices already bake in future infrastructure
Good to know
Questions buyers ask
Is OMR (IT Corridor) good for investment?
It can be, for the right buyer and horizon. Prices rose about 7% year on year (Knight Frank India, India Real Estate H1 2026 (Jan–Jun 2026), H1 2026 vs H1 2025). Verify approvals and patta + tslr (town survey land register) for the exact survey number before buying.
What is the average price in OMR (IT Corridor)?
About ₹9,950 per sq ft (Square Yards locality price-trends page, Jun 2026). It varies by project, configuration and exact location.
Is OMR (IT Corridor) overpriced?
Compare the per-sq-ft price of a project against nearby corridors and recent sales in the same project, and confirm its approvals before deciding.
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