Old Madras Road (OMR) in Bengaluru is likely to bring fond memories to the minds of many college students from the eighties and the nineties. Today, it has come to be a significant route despite the proliferation of newer roadways. Located in East Bangalore, OMR is a part of the National Highway route, namely, NH 4, which connects Mumbai and Chennai, through Bangalore. Easily among the more popular areas for business and commerce in the city, OMR was once an industrial area that has now become a blend of residential and business units.
Price Details
The average buy price is Rs. 5,100 per square foot, and the average rent for a 2-BHK is Rs. 22,700 per month. The average price per square foot on OMR for apartments is about Rs. 4561.30, while it is Rs 4333.33 for villas, and Rs. 1287.5 for plots.
Connectivity
OMR was once an outright industrial area, housing the Tin Factory and NGEF, which declined over time. The properties were then demolished, giving way for commercial and residential projects. With time, OMR depicted tremendous potential for development. It has shown a lot of growth and evolution, thanks to its connectivity to IT companies in Whitefield, Outer Ring Road, Hebbal and Electronic City.
OMR is connected by both Metro buses that ply through the land parcels that were brought by industries and IT companies. OMR is the route one passes through to travel from Bangalore to Kolar, Mulbagal, Chittoor, Chennai and other areas along NH4. KSRTC, BMTC, and APSRTC operate buses to these cities and towns, and they have a bus stop near the cable-stayed KR Puram Bridge. OMR is close to the Byappanahalli Railway Station, and the KR Puram Railway Station. The Bangalore City Railway Station is 12 kilometres away from OMR. The airport is located 40 kilometres away from OMR.
Six kilometres by drive would take you to KR Puram Bridge and KR Puram Railway Station and a five kilometres drive will take you to Whitefield. OMR has a six lane way that a vehicle can literally glide through to several IT parks and the Airport.
Social Infrastructure
Given that OMR houses a blend of both, residential and commercial establishments, there has been an upswing in the number of malls, restaurants, hospitals, petrol bunks, schools and colleges. There are also markets that host all kinds of stores, shops and other requirement drive shops and establishments.
For those who are seeking to buy homes in a well-connected area that is likely to appreciate in the medium to long term span, Old Madras Road is a good choice.
Want to explore some housing options in Old Madras Road, Bengaluru? Let us help you. Visit RoofandFloor and we’ll take care of the rest.