OMR: Chennai's IT Corridor
Old Mahabalipuram Road, better known as OMR, is Chennai's most talked-about growth corridor. The full form of OMR is Old Mahabalipuram Road, starting from Madhya Kailash Temple on Sardar Patel Road in Adayar and terminating on East Coast Road near Mahabalipuram, a total stretch of 45 km. Along this stretch sit micro-markets such as Perungudi, Thoraipakkam, Sholinganallur, Siruseri, Navalur and Padur, each with its own mix of apartments, IT parks and social infrastructure.
The corridor's identity is built on employment. IT campuses like Wipro, HCL, Tech Mahindra, and Cognizant all have campuses here. Further down the road, TCS's Siruseri SIPCOT campus is the biggest building in Asia for TCS. This scale of employment is why South Chennai, centered around OMR, contributes nearly 38% of total residential sales as of Q1 2026, with OMR and South-West zones holding roughly 80% of the city's Grade-A office space.
On pricing, average property rates per square feet in OMR for flats stood around Rs 7,250 per sq ft, with prices across OMR, Anna Nagar, Porur, and Velachery ranging from ₹4,000 to ₹15,000 per sq ft depending on the exact micro-market. Investors continue to favour the belt because the average rental yield in OMR is around 6%, among the best in the city.
For homebuyers exploring OMR, Mahindra's own Chennai address sits a short drive away at Mahindra World City off GST Road, Chengalpattu. It's an integrated township with ready residential neighbourhoods, so professionals working in OMR's IT parks get the option of a planned, green Mahindra community connected via the Outer Ring Road, instead of only high-rise apartments right on the OMR stretch.
