Oragadam, located south west of Chennai, is a town bustling with industrial activity and is Chennai’s fastest growing suburb. With 20+ Fortune 500 companies present (six of which are global car manufacturers) and several global conglomerates, Oragadam has seen tremendous growth in the past five years. Several world-class companies call Oragadam their home, including Siemens, Moser Baer, Toyota Tsusho, Daimler India, Renault Nissan, Posco-ICPC, Bosch, etc. Companies from every industry you can imagine, from automobiles to electronics to steel to aerospace are present here. And this is just the beginning.
From a small, non-descript town on the outskirts of Chennai with just a 24-ft road, Oragadam today boasts of a 200-ft., 10-lane highway that is literally zooming with activity.
By far the most appealing fact about Oragadam is its location. Strategically located between Grand Southern Trunk (GST) Road and National Highway 4, the town is extremely accessible and connected; especially after the Tamilnadu government recently invested Rs. 300 crore in building the Oragadam Industrial Corridor road.
With buzzing industrial activity, the area has turned into one of Chennai’s fastest growing suburbs with many families choosing to live there. Social infrastructure is now coming up, with schools, colleges, hospitals, restaurants and places of worship already present.
The suburb’s progress in the last five years has been outstanding. Current industrial projects include the 350-acre aerospace and logistics park at Sriperumbudur which is nearing completion and will unleash a wave of innovation in the sector. The proposed 4800-acre, Rs. 20,000 crore greenfield airport, also at Sriperumbudur is in the works and will be a complete game-changer for not only Oragadam but Chennai’s economy as a whole. A dry port at Sriperumbudur at the cost of Rs. 380 crore is being built currently. All of these measures and infrastructure by the government will only embolden the economy and make Oragadam one of India’s foremost industrial hubs.
The progress of infrastructure in and around Oragadam will also have a direct benefit to the suburb. For example, Phase 2 of the Rs. 1400-crore Outer Ring Road project from Nemilicheri to Minjur is nearly complete. This connects with ring-roads at NH205 (GST), NH4 (Chennai- Bangalore), NH205 (Chennai- Renigunda) and NH5 (Chennai- Kolkata) and will further enhance connectivity to Oragadam in the years to come. Another 6-lane highway connecting Vandalur to Oragadam (Padappai road) is being built and will be in the next 6 months.
The future looks extremely promising for Oragadam. The government has around 25,000 acres of land in and around the area, which makes it the natural choice for new companies, SEZs and other projects to be commissioned in Oragadam. Land acquisition is not an obstacle for the government, so projects will be commissioned fast. Oragadam will be the only choice for new industries and companies to be nurtured.
Oragadam is at an advantage because world-class infrastructure is already present, even before massive residential and commercial development has taken place. Usually, it is the other way round. Because of this, real estate prices at current levels are quite reasonable, thus making the suburb a popular choice for investment in residential properties.
S&P Foundation has recently launched S&P Elegance, an exclusive plotted development off Oragadam Main Road. Spread across 6.91 acres, the township has 113 plots ranging from 600 sq.ft. to 3,600 sq.ft. To learn more, call 044-66006600 or click here.