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Property in OMR (IT Corridor), Chennai
Chennai · Locality guide

New projects in OMR, Chennai

Chennai's IT spine and launch hotspot

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.

SIPCOT IT parks Metro Phase-2 extension Deep new-launch supply
25
Projects
₹9,950/sq.ft
Avg price
Square Yards locality price-trends page, Jun 2026
7%
YoY growth
Knight Frank India, H1 2026 vs H1 2025

At a glance

OMR (IT Corridor), in brief

Pincodes
600096 (Perungudi), 600097 (Thoraipakkam), 600119 (Sholinganallur), 600130 (Navalur), 603103 (Kelambakkam)
Metro
Purple Line (Corridor 3) under construction along OMR, Nehru Nagar to SIPCOT Siruseri; not open. Sources give December 2026 (Propspedia) and December 2027 (Wikipedia); we plan around 2027
Drive times from Sholinganallur
SIPCOT Siruseri about 23 min, Tidel Park about 35 min, airport about 53 min, Guindy about 40 min (Ola Maps, 12 October 2026)
Market rate
About ₹9,950 per sq ft asking in Sholinganallur (Square Yards, June 2026); Knight Frank shows Kelambakkam at ₹6,233–6,771, up 7% in H1 2026
New-project rate on our books
Median about ₹7,600 per sq ft across 19 priced OMR listings, range ₹4,649–13,980 (Property Point listings, October 2026)
Guideline value (official)
Sholinganallur streets mostly about ₹2,200 per sq ft; OMR frontage up to ₹8,800 (commercial classification), TNREGINET, in force since 1 July 2024

Sources: TNREGINET guideline values · Square Yards: Sholinganallur rates · Knight Frank India Real Estate H1 2026 · Wikipedia: Purple Line (Chennai Metro)

Buyer's brief

New projects in OMR, compared

New projects on OMR (Rajiv Gandhi Salai) on our books start near ₹42 lakh for compact homes in Semmancheri and run past ₹3.5 crore in Thoraipakkam and Navalur; most are 2 and 3 BHK, under construction, with possession between 2027 and 2030. Square Yards puts Sholinganallur at about ₹9,950 per sq ft (June 2026). Updated 12 October 2026.

New projects in OMR, side by side

Project · builder · price · BHK · possession · RERA number, from Property Point listings (developer information, indicative, October 2026). Under-construction and new-launch projects first, then two ready options for comparison.

  • Jains Aadhya, Semmancheri · Jain Housing & Constructions · ₹42–69 lakh · 1 and 2 BHK · possession October 2029 · RERA TN/29/Building/0514/2024
  • Jains Anushree, Navalur · Jain Housing & Constructions · ₹55–84 lakh · 2 and 3 BHK · possession January 2029 · RERA TN/29/Building/0050/2025
  • Provident Bayscape, Kelambakkam · Puravankara · ₹65–93 lakh · 2 and 3 BHK · possession August 2028 · RERA TN/35/Building/0461/2024
  • Casagrand Ariana, Semmancheri · Casagrand · ₹68 lakh–1.25 crore · 2 and 3 BHK · possession June 2028 · RERA TN/01/Building/0231/2024
  • TVS Emerald Isle, Padur · TVS Emerald · ₹72 lakh–1.32 crore · 2 and 3 BHK · possession March 2028 · RERA TN/01/Building/0209/2023
  • DAC Cambridge, Semmancheri · DAC Developers · ₹79 lakh–1.4 crore · 2 and 3 BHK · possession December 2030 · RERA TNRERA/29/BLG/0041/2026
  • Prestige Bougainvillea Gardens, Kelambakkam · Prestige Group · ₹82 lakh–1.52 crore · 2 and 3 BHK · possession March 2029 · RERA TN/01/Building/0312/2024
  • Casagrand Jarvis, Siruseri · Casagrand · ₹89 lakh–1.39 crore · 3 and 4 BHK · possession March 2028 · RERA TN/35/Building/0107/2025
  • TVS Emerald Verde Vista, Padur · TVS Emerald · ₹90 lakh–2.3 crore · 2 and 3 BHK · possession December 2029 · RERA TN/35/Building/0044/2025
  • Urbanrise Whispers of Sky, Sholinganallur · Alliance Group · ₹1.35–2.18 crore · 3 and 4 BHK · possession December 2028 · RERA TNRERA/29/BLG/0389/2025
  • DRA iHEART, Navalur (Egattur) · DRA Homes · ₹1.44–2.65 crore · 3 and 4 BHK · possession July 2033 · RERA TNRERA/35/BLG/0293/2025
  • Casagrand Glenmere, Thaiyur · Casagrand · ₹1.57–2.01 crore · 3 BHK · possession February 2030 · RERA TNRERA/35/BLG/0085/2026
  • Nahar Arista, Perungudi · Nahar Foundations · ₹1.73–1.96 crore · 3 BHK · possession March 2028 · RERA TN/29/Building/0092/2025
  • Radiance Eternity, Thoraipakkam · Radiance Realty · ₹1.78–3.52 crore · 2, 3 and 4 BHK · possession December 2028 · RERA TN/29/Building/0206/2025
  • Baashyaam Enchanted, Thoraipakkam · Baashyaam · ₹2.2–3.6 crore · 3 and 4 BHK · possession September 2030 · RERA TN/29/Building/0054/2025
  • Radiance Edgewood, Navalur · Radiance Realty · ₹2.49–4.05 crore · 3 and 4 BHK · possession January 2029 · RERA TNRERA/35/BLG/0239/2026
  • Ready for comparison: Urbanrise Revolution One, Padur · Alliance Group · ₹60–76 lakh · 2 and 3 BHK · ready to move · RERA TN/01/BUILDING/0015/2019
  • Ready for comparison: Appaswamy Wingfield, Kottivakkam · Appaswamy Real Estates · ₹2.38–4.09 crore · 3 and 4 BHK · ready to move · RERA TN/29/Building/0013/2023
  • Only the new launches: Apartments New Launches. 3 BHK homes only: 3 BHK

Which stretch of OMR fits your budget

  • Perungudi and Thoraipakkam (city end): the most established stretch, closest to Tidel Park and Velachery; new 3 BHK homes on our books mostly start from ₹1.7 crore.
  • Sholinganallur and Karapakkam (the middle): the office heart and the planned interchange of the Purple and Red metro lines; new 3 and 4 BHK homes from about ₹1.35 crore.
  • Semmancheri, Navalur and Siruseri: the deepest choice under ₹1 crore, from about ₹42 lakh, and close to SIPCOT Siruseri.
  • Padur, Kelambakkam and Thaiyur (south of SIPCOT): the lowest entry prices, beyond the planned metro terminus, so judge them on road access to SIPCOT. Guide: OMR South Buyer's Guide 2026: Padur, Siruseri, Semmancheri and Navalur Compared

Metro on OMR: what is built and what is not

The Purple Line's elevated OMR section, Nehru Nagar to SIPCOT Siruseri, has about 20 stations including Perungudi, Thoraipakkam, Karapakkam, Sholinganallur, Semmancheri, Navalur and Siruseri (Wikipedia). Swarajya reported on 18 July 2026 that piling and U-girder casting were complete from Nehru Nagar to Sholinganallur. No CMRL opening date has been announced; Propspedia (September 2026) says December 2026 and Wikipedia shows December 2027.

Padur and Kelambakkam lie south of the SIPCOT terminus. Full station list and the projects near each: Chennai Metro Purple Line (Corridor 3): Madhavaram to SIPCOT, the 20 OMR Stations and Opening Timeline (2026)

Water, flooding and the Pallikaranai freeze

OMR's northern stretch drains towards the Pallikaranai marsh. Thoraipakkam was reported waterlogged about a week after Cyclone Michaung in December 2023 (DT Next), and OMR was among areas flooded in December 2025 (The South First). In September 2025 the National Green Tribunal stopped CMDA planning permissions within 1 km of the Pallikaranai Ramsar site; the zone includes parts of Perungudi, Thoraipakkam, Karapakkam and Sholinganallur, and the matter is before the Madras High Court.

For any new project in those villages, ask for the CMDA approval date and confirm it predates October 2025. How to check a specific home: Flood Prone Areas in Chennai 2026: Area-by-Area Check Before You Buy

Approvals to check before you book

  • TNRERA registration number and the registered completion date on rera.tn.gov.in; where it differs from the brochure, the register governs.
  • CMDA approval inside the Chennai Metropolitan Area, DTCP beyond it; the planning permit number for the exact survey number.
  • Patta, chitta and the FMB sketch for the land; a waterbody or poramboke classification is a red flag. Explained: Patta Chitta Online: Check, Transfer, Fees, TSLR, DTCP & CMDA (Chennai 2026)
  • Price per sq ft on carpet area, and every extra in writing (car park, club, GST, registration). Government value for stamp duty: Chennai

Sources & method

Updated 12 October 2026. Project figures: Property Point listings (developer information, indicative, October 2026). Market rates: Square Yards (June 2026) and Knight Frank India H1 2026. Guideline values: TNREGINET (from 1 July 2024). Metro: Wikipedia, Swarajya (18 July 2026), Propspedia (September 2026). Flooding: DT Next (December 2023), The South First (December 2025), Citizen Matters (February 2026). Drive times: Ola Maps, 12 October 2026, from Sholinganallur.

The full guide · 7 min readChennai Metro Purple Line (Corridor 3): Madhavaram to SIPCOT, the 20 OMR Stations and Opening Timeline (2026)Corridor 3 runs about 45 km from Madhavaram to SIPCOT Siruseri: underground through the city, elevated for roughly 20 km on OMR. The OMR station list, what the sources say about opening dates (they disagree), and catalogue homes near the line in Thoraipakkam, Sholinganallur, Navalur and Siruseri.Read the full guide

Prices, possession and RERA numbers: Property Point listings (developer information, indicative, October 2026). Confirm each on rera.tn.gov.in before paying.

Area guide

Living in OMR (IT Corridor): drive times, prices & lifestyle

Real Ola-Maps commute times, schools, hospitals and an honest investment view.

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The full guide · 7 min readChennai Metro Purple Line (Corridor 3): Madhavaram to SIPCOT, the 20 OMR Stations and Opening Timeline (2026)Corridor 3 runs about 45 km from Madhavaram to SIPCOT Siruseri: underground through the city, elevated for roughly 20 km on OMR. The OMR station list, what the sources say about opening dates (they disagree), and catalogue homes near the line in Thoraipakkam, Sholinganallur, Navalur and Siruseri.Read the full guide

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Guides & reviews for OMR (IT Corridor)

Good to know

OMR (IT Corridor) property — FAQs

Is OMR (IT Corridor) a good area to buy property in Chennai?

Chennai's IT spine and launch hotspot. 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. 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 suits you depends on the project, price and your commute.

What is the average property price in OMR (IT Corridor)?

Homes in OMR (IT Corridor) average around ₹9,950/sq.ft (Square Yards locality price-trends page, Jun 2026); projects on Property Point start from ₹42L. Prices vary by project, configuration and possession timeline.

What drives demand in OMR (IT Corridor)?

Key growth drivers include IT employment, Metro connectivity, Rental demand. These support demand from both owners and tenants.

Which are the new projects in OMR, Chennai in 2026?

On our books (October 2026): new launches Jains Anushree and DRA iHEART in Navalur, DAC Cambridge and Casagrand Ariana in Semmancheri and Prestige Bougainvillea Gardens in Kelambakkam, plus under-construction projects such as Urbanrise Whispers of Sky (Sholinganallur), Radiance Eternity and Baashyaam Enchanted (Thoraipakkam) and Casagrand Glenmere (Thaiyur).

What is the starting price of new flats on OMR?

From about ₹42 lakh for compact 1 and 2 BHK homes (Jains Aadhya, Semmancheri) and about ₹55 lakh for 2 BHK in Navalur. New 3 BHK homes in Thoraipakkam and Perungudi mostly start from ₹1.7 crore (Property Point listings, October 2026).

What is the price per sq ft on OMR?

Square Yards puts Sholinganallur at about ₹9,950 per sq ft (June 2026), an asking price. New projects on our books have a median of about ₹7,600 per sq ft, from about ₹4,650 in Siruseri to about ₹14,000 at the city end. The official guideline value is far lower, mostly about ₹2,200 per sq ft on Sholinganallur streets.

When will the OMR metro open?

No CMRL date has been announced that we could verify. Propspedia (September 2026) expects the elevated Nehru Nagar–SIPCOT section by December 2026; Wikipedia shows December 2027. We suggest planning around 2027.

Which part of OMR is best for a 3 BHK?

It depends on budget and office. Thoraipakkam and Perungudi are closest to Tidel Park and Velachery at ₹1.7 crore and up; Sholinganallur offers 3 BHK from about ₹1.35 crore near the planned metro interchange; Siruseri and Kelambakkam offer 3 BHK under ₹1 crore near SIPCOT.

Is OMR flood-prone?

Parts are. Thoraipakkam stayed waterlogged for days after Cyclone Michaung in 2023, and OMR saw flooding again in December 2025. Risk varies street by street, so check the plot's land classification, distance from the marsh and lakes, and the building's plinth level.

Are there ready-to-move flats on OMR?

Yes. Ready options on our books include Urbanrise Revolution One in Padur (₹60–76 lakh) and Appaswamy Wingfield in Kottivakkam (₹2.38–4.09 crore). The full list: Ready To Move

Does the Pallikaranai freeze affect OMR projects?

It can. The NGT's September 2025 order stopped new CMDA approvals within 1 km of the Pallikaranai Ramsar site, covering parts of Perungudi, Thoraipakkam, Karapakkam and Sholinganallur. Projects approved earlier are in a different position from those awaiting approval; ask for the CMDA approval date.

How far is OMR from the airport?

From Sholinganallur, about 20 km and 53 minutes by road on Ola Maps (12 October 2026); from Tidel Park end it is shorter. Times vary with traffic on the Pallavaram–Thoraipakkam Radial Road.

What are the stations on the Chennai Metro Purple Line along OMR?

Per Wikipedia's station table: Nehru Nagar, Kandanchavadi, Perungudi, Thoraipakkam, Mettukuppam, PTC Colony, Okkiyampet, Karapakkam, Okkiyam Thoraipakkam, Sholinganallur, Sholinganallur Lake I and II, Semmancheri Depot, Semmancheri I and II, Gandhi Nagar, Navalur, Siruseri, SIPCOT 1 and SIPCOT 2. Final names are for CMRL to confirm.

How long is the Madhavaram–SIPCOT metro line?

About 45.4 km with 47 stations after CMRL's 2023 revision, per Metro Rail Today. Wikipedia still lists 45.8 km and 48 stations, with 26.7 km underground and 19.1 km elevated.

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