Why Choose Velachery?

Velachery is one of the most in-demand residential zones in South Chennai, known for its excellent connectivity, developed infrastructure, and proximity to IT hubs.

 Key Advantages:

• Direct access to IT corridors like Taramani, Perungudi, and OMR

• Excellent public transport (MRTS, metro extension, buses)

• Surrounded by schools, malls (Phoenix MarketCity), hospitals, and temples

• High rental demand and growing capital appreciation

• Close to key areas: Adyar, Guindy, Medavakkam, and Thiruvanmiyur

Top Localities Within Velachery to Consider

• Raj Bhavan Road – Premium flats, wide roads

• Tansi Nagar & Gandhi Road – Ideal for mid-range buyers

• 100 Feet Bypass Road – Good for resale flats and connectivity

• Velachery Railway Station Area – Best for commuters and rental investors

Types of Apartments Available

• Builder floor apartments

• Gated community high-rise flats

• Compact 2BHKs for first-time buyers

• Luxury 3BHK apartments

• Resale flats in older societies

What to Check Before Buying

1. Builder Reputation

• Opt for RERA-registered builders (e.g., Casagrand, Appaswamy, DRA Homes)

• Visit completed projects for quality check

2. Legal Documents

• Sale deed

• Patta & Chitta

• Encumbrance Certificate (EC)

• Completion Certificate (for ready-to-move flats)

• RERA registration number

3. Project Approvals

• CMDA or DTCP approval

• RERA compliance

• Building plan sanction

4. Site Visit Essentials

• Check road width, drainage, water pressure

• Measure natural lighting, ventilation, and floor plan accuracy

• Ask residents or locals about water supply and power cuts

Click here: Buy Residential Property for Sale in Velachery

Typical Price Trends in Velachery (as of mid-2025)

Tips for First-Time Buyers in Velachery

• Prefer ready-to-move flats if you're unsure about under-construction delays

• Verify carpet area vs built-up area

• Compare projects near Phoenix Mall and Taramani Link Road for best ROI

• Visit during different times (morning vs night) to check traffic, noise, and safety

Investment Potential

• High resale demand due to job proximity (IT & ELCOT SEZ nearby)

• Metro Phase 2 expansion to boost prices further

• One of the few areas in South Chennai that offers both rental yield and appreciation

Final Checklist Before You Buy in Velachery

•  RERA-approved project
•  Legal document verification
•  Site visit done
•  Price comparison with nearby projects
•  Loan pre-approval or eligibility check
•  Builder reputation verified
•  Apartment Vastu checked (if applicable)

https://www.livehomes.in/blogs