OMR (Old Mahabalipuram Road) Rental Index
OMR (Old Mahabalipuram Road) is Chennai's primary IT corridor, stretching from Madhya Kailash down to Siruseri. It hosts major technology parks like TIDEL Park, and attracts a massive population of working professionals and students. Over the last decade, rent prices along OMR have experienced double-digit yearly inflation, heavily driven by broker cartels. Real tenant records gathered here cut through inflated agency listings to reveal actual base rents paid across major high-rises in Sholinganallur, Perungudi, and Karapakkam.
Verified Local Average Rents
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Frequently Asked Questions (FAQ)
Q: How much is the average rent for a 2BHK flat in OMR Chennai?
A: Based on tenant-reported data on chennairents.in, a 2BHK in a standalone building on OMR ranges between ₹18,000 and ₹25,000 per month, while premium gated communities in areas like Sholinganallur and Perungudi command between ₹26,000 and ₹35,000 per month.
Q: What is the typical rental deposit on OMR?
A: Landlords along the IT corridor traditionally request a 10-month rental advance. However, with the transparency provided by OMR rent indexes, many tenants negotiate this down to 5-6 months.
Q: Is it possible to find a rented house in OMR without broker fees?
A: Yes. By using the crowdsourced map on chennairents.in, you can connect directly with owners listing their flats, skipping the standard 1-month brokerage fee commonly charged by local agents.
The figures above represent actual rent prices logged anonymously by tenants living in this sector. Outlier points (entries 3x above or below the area median) are automatically flagged and hidden to maintain registry accuracy.