Chennai’s Old Mahabalipuram Road: From Coconut Trees to High-Rises and Urban Transformation - PRESS AI WORLD
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Chennai’s Old Mahabalipuram Road: From Coconut Trees to High-Rises and Urban Transformation

share-iconFriday, January 03 comment-icon2 weeks ago 10 views
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indiatimesINDIATIMES
Chennai’s Old Mahabalipuram Road: From Coconut Trees to High-Rises and Urban Transformation

Credited from: INDIATIMES

  • **Old Mahabalipuram Road (OMR)** has evolved from a landscape of low buildings to a hub of **high-rise constructions** over 25 years.
  • The **IT boom** in the late 1990s catalyzed this transformation, turning OMR into a **self-sufficient urban zone** with educational and healthcare facilities.
  • A surge in **housing demand** led developers to create integrated communities offering modern amenities, though housing costs eventually rose, prompting growth in surrounding areas.
  • By 2024, **Chennai** will see a drastic increase in high-rise buildings, reflecting a significant jump in **capital values** per square foot.
  • However, the rapid growth has raised concerns about **infrastructure challenges** and the need for a balanced development plan focusing on sustainable practices.

For more details, read the full article here.

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Chennai Old mahabalipuram road Urban transformation Real estate Infrastructure High-rises
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Gloria Terra

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