Hotel / Resort for sale in Old Mahabalipuram Road area, Chennai
Three star hotel with all licences and approvals, in chennai for sale
chennai, Old Mahabalipuram Road, Chennai - 600015 (Tamil Nadu)
- Area: 50000 SqFeet
- Furnished: Unfurnished
- Transaction: Resale Property
- Price: 500,000,000
- Rate: 10,000 per SqFeet +5%
- Age Of Construction: 3 Years
- Possession: Immediate/Ready to move
Description
3 star hotel ( not yet started functioning ) with all licences and approvals, in chennai for sale. Property located in IT hub, on land area of 7.6 grounds, 10 floors multi storey building, built up area close to 50K sq.ft. with ample Car/two wheeler parking ., CMDA completion certificate obtained., with 72 guest rooms. Asking price 40 cr negotiable.
When you call, please mention that you saw this ad on PropertyWala.
Location
Price Trends Old Mahabalipuram Road area, Chennai
Hotels / Resorts for sale in Old Mahabalipuram Road, Chennai
Locality Reviews Old Mahabalipuram Road area, Chennai
Omr rd fast developing area in Chennai for i t hup and hospitals , many apartment by reputed builder in that area , Chennai hup , developed by jappan industrial group also in that area omr rd , sriseri it hup developed by gov industrial sipcot area , and metro train project also in that area , many colleges ,like jeppiar , thangavelu ,and other leading college in that area , medical college and hospital , like chettinadu group in that area , it is another way to ecr mahabalipuram , thiruporur murugar temple and solinganallur amman temple also in that area omr .
Pros:
- WELL PLANNED AREA
- MANY APARTMENT BY REPUTED BUILDER
Cons:
- COSTLY AREA
Hi there,
OMR road is an excellent road, with very huge space, tidy, several amenities like hospitals, IT companies, school, colleges, restaurant etc.
Pros:
- IT companies
Cons:
- Traffics during peak hours
Omr is gud place.. people from IT background fetch good income from omr.good schooling and all basic nesseccerary day to day activities is applicable
Pros:
- Good for IT people
- More entertainment place
Cons:
- Heavy traffic
- Less maintenance
Old Mahabalipuram Road area initially started as an IT Hub which has now turned to be one of the fastest growing commercial area, where top business / IT people would like to have a House/Apartment. Roads are very broad and clean. Plans are in the pipeline to make the road a 6-lane road up to Mahabalipuram.
Pros:
- Proximity to all IT Hubs
- Proximity to major Educational Institutions
- Proximity to various recreation centers
Cons:
- Traffic jams especially during evenings
- Drivers tend to go at a great speed as road is good
OMR is now growing investment landmark of Chennai for investors, builders and NRIs with most of the IT tech parks adding with commercial establishments and growing population. Most of the prestigious builders and commercial establishments and entertainment sectors are already filled their part.
Pros:
- Growing population
- IT hub
- Commercial establishments
Cons:
- traffic jam
Old Mahabalipuram Road area is a major IT hub worldwide developed like a golden charm. Best place for it firms worldwide major important destination worldwide.
Pros:
- Well Planned Area
Old Mahabalipuram Road (OMR) is BlueChip/HighTech IT located prime place in Chennai.
Lot of Mall, shopping, Entertainment and Hotels are well available.
Hotel prices are in range for Trainee and CEO
Safe and Secure place.
Pros:
- Good Location
- Secure place
- Lot of IT opportunity
Cons:
- Can be a permanant Chennaiwala
- Hi-style living place.
Old Mahabalipuram Road is an IT corridor developing very fast in Chennai's suburban area and high rise building is in this area is very attractive, and easy connectivity with Thiruporur and ECR through Pondichery junction almost the builders covered the entire area.
Pros:
- Six lane track
- All major IT companies
Cons:
- crowded area
- Traffic jam
Old Mahabalipuram Road(OMR) or IT Corridor is a major road in suburban Chennai, India, beginning at the Madhya Kailash temple in Adyar in South Chennai.
Pros:
- Fast developing
Cons:
- Getting crowded day by day
Old Mahabalipuram Road is an most investing area where major IT companies are placed over here. It is a place where most of the Chennai area get migrated over here.
Pros:
- Good Location
- Pollution Free