ABOUT OMR
Rajiv Gandhi Salai, previously known as Old Mahabalipuram Road (OMR) or IT Corridor
is an important road in suburban Chennai, India, starting from Madhya Kailash temple
and going southward till Mahabalipuram terminating in the East Coast Road. This
is popularly called as the 'IT Corridor' because this road has become the home to
many of the IT companies in Tamil Nadu.
TNRDC has incorporated a special purpose vehicle titled IT Expressway Ltd (ITEL)
as a wholly owned subsidiary, for domiciling the IT Corridor Project. ITEL being
an investment vehicle, has engaged TNRDC as its Managing Associate and is responsible
for project implementation and operations and maintenance of IT Corridor. The work
was supposed to be completed by May 2006, but large parts of the road remain incomplete
due to rain and other unforeseen complications. The IT Corridor Project is being
implemented in two phases – Phase-I between Madhya Kailash Temple Junction and Siruseri
and Phase-II between Siruseri and Mahabalipuram. The 2.1 km long ECR Link Road connecting
IT Corridor at Sholinganallur and East Coast Road at Kudumiyandithoppu is also included
in Phase-I.
IT corridor
The prestigious TIDEL Park is home to a number of BPO and IT/ITES companies. Almost
all major IT/ITES companies like Satyam Computer Services, HCL Technologies, Tata
Consultancy Services, Accenture India,TECCI Park, Wipro Technologies, Cognizant
Technology Solutions,Scope International, Photon Infotech, Polaris Software Lab,
and Infosys are situated along the IT Corridor. Prominent Government Institutes
and technical/ educational institutions are also situated along the Corridor. The
corridor stretches from Tidel Park in Tharamani to SIPCOT IT Park in Siruseri. All
IT bigwigs like Infosys, TCS, CTS have their own facilities in the It corridor.
Besides, Small Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) has developed
a Cyber City, spread over 2000 acres (8 km²) in Siruseri, abutting the IT Corridor.
A number of IT/ITES Companies are in the process of setting up their facilities
in the Cyber City Housing
The burgeoning population of information technology professionals is having a logical
influence on real estate development, with a slew of residential apartments coming
up along the IT Corridor. The total investment in such projects in this area is
estimated at a whopping Rs 550 crore. The last one year has seen activities from
leading real estate and construction companies from other states. Some of the builders
who are active in this area are Hiranandani, Mantri Developers, Puravankara Projects,
L&T Constructions, DLF Group, Vijay Shanthi Builders, Naveen Construction, Suryavardhan
Estates Private Limited, Jain Housing & Constructions, RAMS Builders, Singapore-based
Ascendas, Bangalore-based RMZ, Arihant, Doshi & Doshi, Rajyog and Prince foundations
Ltd. Most of the developers are also offering amenities like health clubs, sports
facilities, supermarkets etc in this belt so that the residents don't need to travel
to the city for those. Construction of a state-of-the art shopping mall with a hotel
and cinema is also in progress.