The Most IT-Dense Kilometre in South India
Sholinganallur junction on OMR is surrounded by the regional offices of more Fortune 500 companies than almost any comparable stretch in India outside Gurgaon. Within 2 km of this junction: Cognizant's largest campus, HCL's Chennai hub, TCS BPS, multiple Infosys buildings, and 50+ mid-tier IT companies.
Employment density this high creates housing demand that never fully normalises. Whatever happens in global IT — expansion or contraction — this many companies can't all leave simultaneously. Sholinganallur is structurally demand-positive for the foreseeable future.
Why Prices Keep Rising Despite Being "Already Expensive"
Sholinganallur is expensive because it's worth it by every metric that drives property demand: employment proximity, metro access (Phase 2 station confirmed), social infrastructure, and resale liquidity. When Perumbakkam priced up, demand pushed into Sholinganallur's fringe areas. When those priced up, demand pushed south to Kelambakkam. This sequential compression keeps Sholinganallur itself under price pressure.
What You Can Still Buy Here
Plots: Limited availability, ₹5,000–8,000/sq ft where found. Primarily held by long-term owners. Apartments: Active market, ₹7,000–12,000/sq ft for new launches. Investment play: Better to look at Perungudi or Perumbakkam fringe for remaining plot value, and own Sholinganallur via new apartment launches.
For Investors Looking at the Sholinganallur Effect Elsewhere
The premium Sholinganallur commands is the endpoint of what every OMR corridor plot is ultimately trying to reach. Buying at Kelambakkam today at ₹1,800/sq ft is partly a bet that Kelambakkam will become Sholinganallur over the next decade. The evidence from the past 15 years of OMR price history suggests this bet has historically paid off.