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Padur, 100m from 200ft Kelambakkam–Vandalur Road, OMR, Chennai 603103
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Padur is where I should have bought in 2020. I was tracking G Square Ambrosia here (now sold out) when it launched at ₹1,800/sqft. Same location, same developer, now ₹2,999/sqft for Omega. That's a 66% appreciation in roughly 3 years. I eventually bought an apartment in Siruseri instead which has also appreciated but not at the same pace. For anyone debating plot vs apartment investment on OMR: the plots have clearly outperformed in this specific corridor. G Square Omega at ₹2,999/sqft is not cheap but relative to where this corridor is heading with the 200ft road completion and Metro Phase 2, it's still early-stage.
169 plots on 6.4 acres = 26 plots per acre which is the right density for a usable community. Road widths inside will be adequate (G Square usually does 30-40 ft internal roads). The 200ft Kelambakkam-Vandalur Road literally becoming an arterial connector changes the Padur micro-market permanently. Currently Padur to Sholinganallur on OMR takes 25-30 minutes in peak traffic via Old Mahabalipuram Road. Once the 200ft road is fully operational with proper signal management, it'll be 15-18 minutes. That commute improvement justifies a location premium.
Compared G Square Omega (Padur, ₹2,999/sqft, 169 plots) vs G Square Jewel (also Padur, ₹6,500/sqft, only 43 plots). Jewel is boutique premium, Omega is mid-premium. Jewel's ₹6,500/sqft for 43 plots targets a different buyer. For the average OMR IT professional, Omega at ₹30-72L is in the investment range. Jewel at ₹39L-1.56 Cr (based on 600-2400 sqft at ₹6,500) is for buyers who specifically want the boutique tag and higher-spec amenities. The RERA number TN/01/Layout/3877/2022 confirms the approval process was completed in 2022 which gives Omega a head start over more recent RERA registrations.