Casagrand Premier Builder Limited is building on Old Mahabalipuram Road, where its Casagrand OMR Chennai project sits within the corridor that carries the city's largest cluster of technology employment. OMR, also called Rajiv Gandhi Salai, runs roughly parallel to East Coast Road from Adyar toward Siruseri and Mahabalipuram, and it is home to TIDEL Park, Ascendas IT Park and a dense group of technology offices. Among the Casagrand listings tracked for this corridor, Casagrand Cloud 9 was shown at a starting price of ₹1.64 Cr as of January 2025.
Casagrand Premier Builder Limited develops residential projects in Chennai and its suburban belt, and OMR is one of the stretches where its product is aimed at working professionals who commute to the IT parks along the road. The developer's OMR listings sit alongside a group of other builders active on the same road, including Prestige, Sobha, Mantri and Urbanrise, which signals how deep the residential market here has become. For a Casagrand buyer, the practical question is less about whether the corridor has demand and more about which pocket of OMR suits the daily commute.
Registry data shows an average transaction rate of about ₹7,343 per sq ft on OMR, based on 39 recent sales with registry dates in August 2026. A portal-based indicative average for the corridor, dated around September 2026, sits higher at roughly ₹8,373 per sq ft, which reflects the gap between asking rates and completed deals. Portal listings for three-bedroom flats across OMR have been shown in a range of ₹79 lakh to ₹2.2 Cr.
| Reference point | Figure | As of |
|---|---|---|
| Average registry rate, OMR | ₹7,343 per sq ft (39 transactions) | August 2026 |
| Indicative portal average, OMR | About ₹8,373 per sq ft | September 2026 |
| Casagrand Cloud 9 starting price | ₹1.64 Cr | January 2025 listing |
| Three-bedroom listings, OMR | ₹79 lakh to ₹2.2 Cr | Portal listing |
Pricing varies by micro-market. Sholinganallur and Perungudi carry higher rates because of their proximity to employment hubs, while Padur, Navalur, Kelambakkam and Siruseri offer comparatively lower entry points. A buyer weighing a Casagrand unit on the southern end of the corridor will therefore see a different price per sq ft from one on the northern stretch near Thoraipakkam.
There is no metro station directly on OMR yet. The nearest working stations are Little Mount on the Blue Line, about 6 km from Perungudi, and Guindy, about 7 to 8 km from the Perungudi and Adyar end of the road. St Thomas Mount on the Green Line lies about 11 km from Sholinganallur. The Blue Line itself runs from Chennai Airport to Wimco Nagar Depot over 32.65 km with 26 stations.
Guindy railway station, on the local rail network, is about 15 minutes from OMR, and Tambaram is also reachable for suburban rail users. Chennai International Airport is roughly 22 km from Sholinganallur via GST Road, with a drive of 45 to 60 minutes off-peak and 75 to 100 minutes at peak hours. Road access is supported by the 200 Feet Radial Road, Kelambakkam Vandalur Road and GST Road, and MTC and TNSTC bus services link the corridor to the rest of the city.
The most significant addition to OMR's transport network is Corridor 3 of Chennai Metro Phase 2, a 20 km elevated line from Nehru Nagar to Siruseri SIPCOT. Planned stations on the corridor include Perungudi, Thoraipakkam, Sholinganallur, Navalur and Siruseri SIPCOT, and the OMR section is targeted for completion in December 2027. A viaduct linking OMR with East Coast Road at Kalinagar Karunanidhi Salai is also reported under construction.
Road works are equally visible. Grade separators at Sholinganallur and Thoraipakkam are being built by CMRL with TNRDC, with an allocated budget of ₹350 crore and a completion target of December 2026 in the most recent update found. The OMR bypass bridges and the U-shaped flyover near Tidel Park are nearing completion, and the 133 km Chennai Peripheral Ring Road is planned to connect satellite towns from Ennore Port to Mahabalipuram.
Employment infrastructure is also expanding. Sattva Knowledge City is planned at Perungudi Toll with three 18-floor towers, and a data centre at Siruseri SIPCOT has had its foundation laid, with its first 8 MW facility planned to come online.
Schools within a few kilometres of the corridor include Padma Adarsh Higher Secondary School at about 2.8 km, Jeppiar Engineering College at about 3.0 km, St Joseph's Institute of Technology at about 3.2 km and The School KFI at about 3.4 km. Hospitals listed nearby include Marhura Hospital at about 1.7 km, Shri Isari Velan Hospital at about 3.9 km and Punarjeevan Hospital at about 5.5 km, with Apollo Speciality Hospital, Chettinad Hospital and Research Institute and Global Hospital at Perumbakkam also serving the area. Iswaraya has opened a 400-bed hospital at SRP Tools in Perungudi, and Apollo has planned an 800-bed hospital at Karapakkam, with no date yet announced.
For shopping, AGS VIRA mall lies about 1.0 km away, and Grand Square Mall and South Gate Mall are also cited on the corridor. Several colleges including SSN College of Engineering, Hindustan University and Sathyabama University are reachable from OMR, which adds to the local demand for rental housing.
The corridor's employment base is the main reason residential demand here has held up. OMR's IT parks and commercial offices support rental demand, particularly close to the larger clusters. One developer table cites a gross rental yield of about 6 percent on OMR and five-year appreciation of about 37.9 percent, both drawn from a single source and worth checking against current listings. Portal data also indicates price growth across the corridor through 2026, with the pace varying by locality.
Resident feedback on OMR points to good public transport, easy cab and auto availability and nearby schools and hospitals as strengths, and the upcoming metro is expected to strengthen the first of these considerably once the Corridor 3 stations open. A Casagrand buyer on OMR is therefore buying into a location where the infrastructure is being built out in stages around an established job base.