The Chennai IT Corridor, primarily encompassing Old Mahabalipuram Road (OMR) and its surrounding regions, has been a crucial catalyst for the city's real estate expansion. As a prominent hub for the IT and software development sectors, this corridor has witnessed robust growth in both commercial and residential properties. Let’s explore the key factors driving this trend.
Hosting major IT parks like Tidel Park and DLF IT Park, this corridor attracts a vast workforce seeking housing options nearby. The convenience of reduced commute times has spurred demand for various residential choices, including apartments, villas, and gated communities. The demand for new projects in Chennai has surged significantly due to this factor.
Continuous enhancements in infrastructure—such as expanded road networks, flyovers, metro rail extensions, and improved connectivity to the airport—have made this area increasingly desirable. As accessibility improves, new properties in Chennai are in high demand, attracting both homebuyers and investors looking for growth opportunities.
With a strong presence of IT firms, the need for high-quality office spaces has risen. Real estate developers are investing in premium commercial properties, drawing multinational corporations and startups alike. This growth further enhances the surrounding infrastructure and amenities. The demand for new residential projects in Chennai has risen alongside commercial expansion, making it a prime real estate hotspot.
Nestled in the heart of West Mambalam on Velu Street, Navin’s Saathvika blends modern aesthetics with the charm of a culturally rich neighborhood. With lush greenery, vibrant markets, and serene temples nearby, this boutique development offers just six exclusive homes across three floors—crafted to deliver elegance and comfort in a storied location. This is one of the finest new projects in Chennai offering an exclusive living experience.
Located just 15 minutes from Velachery, Navin’s Starwood Towers 3.0 offers a sophisticated lifestyle with world-class amenities and abundant greenery. Positioned at the junction of Velachery, Sholinganallur (OMR), and Tambaram, this 9.85-acre gated community provides easy access to schools, colleges, hospitals, malls, and IT parks. Comprising two towers, Maple and Cedar, the project features basement+stilt+21 floors, offering 588 thoughtfully designed 2 BHK apartments. This is a great choice for those seeking new properties in Chennai with a well-connected location.
Inspired by the grandeur of Babylon’s Hanging Gardens, Navin’s Hanging Gardens redefines luxury living in Chennai. Designed to envelop residents in warmth and exclusivity, this project stands as a testament to architectural excellence. Like its historical namesake, it promises to be a marvel admired by many but owned by a fortunate few. If you are looking for new residential projects in Chennai, this is an excellent investment.
Surrounded by verdant hills, Navin’s Hillview Avenue is a tranquil residential enclave along the Pallavaram – Thiruneermalai – Thirumudivakkam Main Road. Its proximity to GST Road, the upcoming 400-feet Outer Ring Road, and cultural landmarks like Thiruneermalai and Kundrathur temples enhances its appeal. Recent archaeological discoveries in the area add to its historical significance. This is one of the most promising new projects in Chennai that blends nature with urban convenience.
The IT sector’s rapid expansion has created a growing need for residences catering to different income groups. Developers are responding with a mix of luxury, mid-range, and affordable housing. The demand for rental homes and serviced apartments has also increased, driven by professionals relocating for work. As a result, new properties in Chennai are being developed to meet this demand.
Areas such as Velachery, Sholinganallur, Siruseri, and Thoraipakkam have transformed into self-sufficient hubs with educational institutions, healthcare facilities, shopping centers, and entertainment options. This holistic development further fuels real estate growth, making new residential projects in Chennai a sought-after investment.
With its strong employment base and continuous infrastructure upgrades, the Chennai IT Corridor is an attractive proposition for real estate investors. The potential for property appreciation, coupled with increasing residential and commercial demand, makes it a lucrative market. Areas with upcoming developments hold particular promise for long-term gains. Investing in new projects in Chennai at this stage ensures future returns.
As Chennai's IT Corridor continues to evolve, it remains a key driver of real estate expansion, offering a dynamic blend of employment opportunities, modern infrastructure, and vibrant communities. Whether you are looking for new projects in Chennai, new properties in Chennai, or new residential projects in Chennai, this corridor offers some of the best investment opportunities in the city.
The Chennai IT Corridor, mainly along Old Mahabalipuram Road (OMR), has become a prime location for new projects in Chennai due to its proximity to major IT hubs, excellent infrastructure, and growing residential demand.
With a high concentration of IT professionals seeking housing close to their workplaces, the demand for new properties in Chennai has increased. Developers are launching residential projects to cater to this rising demand.
The IT Corridor's strong employment opportunities and world-class infrastructure have led to the rapid development of new residential projects in Chennai, offering a range of housing options from budget-friendly apartments to luxury homes.
Some of the top new projects in Chennai along the IT Corridor include Navin’s Saathvika, Navin’s Starwood Towers 3.0, Navin’s Hanging Gardens, and Navin’s Hillview Avenue, each offering unique features and modern amenities.
With ongoing road expansions, metro connectivity, and airport access improvements, infrastructure plays a crucial role in enhancing the value of new properties in Chennai, making them more accessible and desirable.
Developers are offering diverse housing options in new residential projects in Chennai, including affordable apartments, premium gated communities, and high-end luxury residences catering to different buyer preferences.
Yes, investing in new projects in Chennai is a wise choice, as properties in the IT Corridor have high appreciation potential due to continuous commercial and infrastructure growth.
Most new properties in Chennai feature top-tier amenities such as swimming pools, gyms, landscaped gardens, children’s play areas, and proximity to key business hubs and educational institutions.
Popular areas like Velachery, Sholinganallur, Siruseri, and Thoraipakkam host some of the most sought-after new residential projects in Chennai, offering excellent connectivity and modern facilities.
The rise of multinational IT firms and business parks has significantly driven demand for new projects in Chennai, as employees seek convenient and well-connected residential spaces near their workplaces.