Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Will Financial City cause residential flat prices to go up in and around OMR?

Economist · 04-10-09

1. There has been plenty of capital investments in OMR Up to Kelambakkam,As there is lot of Infrastructure and Office space in place already - It will get used by patrons.

2. There has been plenty of residential investments by many major builders - It will be sold and occupied.

3. New projects such as financial City In Shollinganalur are on the pipe line.

4. The point 1,2&3 means there will be a major population shift to OMR area and more population means more services will move in to the region.

The above 4 points mean on a long term (5-6 years) OMR area is a great investment.

In the short term (2 years) there may be over supply due to many major projects are completed at the same time (2010 to 2011)

You cant go wrong if you have long term vision (5 year)

04-10-09	#2
Economist Member Join Date: Dec 2008 Posts: 289 Thanks: 0 Thanked 2 Times in 2 Posts	1. There has been plenty of capital investments in OMR Up to Kelambakkam,As there is lot of Infrastructure and Office space in place already - It will get used by patrons. 2. There has been plenty of residential investments by many major builders - It will be sold and occupied. 3. New projects such as financial City In Shollinganalur are on the pipe line. 4. The point 1,2&3 means there will be a major population shift to OMR area and more population means more services will move in to the region. The above 4 points mean on a long term (5-6 years) OMR area is a great investment. In the short term (2 years) there may be over supply due to many major projects are completed at the same time (2010 to 2011) You cant go wrong if you have long term vision (5 year)