Oragadam And The Possibilities Of Growth Expected In The Area

About 25 km from Chennai, is the industrial town of Oragadam, home to the manufacturing plants of some of the biggest automobile manufacturers in the country and the world. The town is being touted to become the biggest automobile hubs in the world. Keeping these future prospects in mind, there has been a tremendous amount of growth in the real estate sector of the town, with many of the largest construction companies building housing complexes to accommodate the employees of the different organizations that have their offices and plants inside the limits of the town.Lookout points of interestThe different points of development that are causing the fluctuation in the prices are the various sources in play. In order to become the automobile hub, the town had to have a good infrastructure that helped the industries to get the benefits without fail. Some of the main automobile companies that are building plants in the area are the top international brands such as Daimler, Toyota, Nissan, Renault and Ford. There are also other supporting industries and workshops that are abundant in and around the area, which are also driving the growth mechanism forward with assisting contributions.Other points of interestThe other contributors to the cause of development are the government initiatives which are quite ambitious, but not unscalable considering the existing industrial climes. The government is planning to connect the Grand Southern Trunk Road and the Grand Western Trunk Road, both of which are national highways, by building the Oragadam Industrial Corridor Road. The already prospering industrial area will get a new boost of life with the added connectivity. The national and international manufacturing plants of industries other than automobiles will also get more recognition.Housing and commercial NeedsThe accommodation will be required for all the several strata of the society also because not only executives, but also workers require homes to stay. In any industrial sector, there are more workers than the executives. This is because it is more physical work that is undertaken on the floor. So when talking about accommodations, the needs of all the different classes must be taken into account. The land prices can vary between Rs.7500 and 8000 on average though currently it has hiked up by about 2%. This is not a surprise as the demand for commercial plots are growing while people are moving to apartments. There are also ample numbers of rental properties in Oragadam, which are quite good options for living temporarily. Companies keep guest apartments and additionally hotels are also available. The transportation facilities are quite good and keep the town connected to the rest of the state. There are quite a few schools and banks also which are close by.