Thoraipakkam, Chennai

Thoraipakkam sits at the heart of Chennai's IT corridor along Old Mahabalipuram Road, hosting major technology parks including the Ascendas IT Park and numerous multinational company offices. Once a quiet village on the southern outskirts, Thoraipakkam has witnessed explosive growth since the early 2000s, with high-rise apartments, shopping complexes, and modern amenities transforming the area. The locality is strategically located on OMR Road and the connecting 200 Ft radial road, which is also called Thoraipakkam Pallavaram Radial Road, and it's located right between two prime localities, Karapakkam and Perungudi.

Employment proximity is the biggest draw here. Chennai One is a prominent IT SEZ Park located on the Pallavaram-Thoraipakkam link road, just off OMR Road. This, combined with easy access to Tidel Park and other OMR tech campuses, has made Thoraipakkam one of the most rent- and demand-driven micro-markets on the corridor.

On the residential side, the locality mostly has villas, apartments and land in various sizes and configurations. Flat prices in Thoraipakkam are in the range of Rs 7,200-12,050 per sq ft, with the average property rate for flats at around Rs 9,750 per sq ft. Prices have moved up meaningfully in recent years — flat rates in Thoraipakkam changed by 41.3% in the last 1 year, 30.0% in the last 3 years, and 57.3% in the last 5 years.

Residents value the mix of work-life convenience the area offers. Being located on OMR, it has witnessed massive growth in residential and commercial construction over the last decade, with several IT parks, malls and hotels making it a near self-sustainable township. Thoraipakkam currently has 10 ready projects, 4 under-construction projects, and 9 newly launched projects, giving buyers a wide range of choices across budgets.