Overview of Velachery
Velachery is one of Chennai’s most popular residential zones, located in the southern part of the city. It has grown rapidly due to its strategic location between the IT corridor (OMR) and the business hubs of Guindy and Adyar. The area has both independent houses and modern apartment complexes suited for families, professionals, and investors.
Geographical Boundaries & Nearby Locations
Velachery is surrounded by several key localities that add to its value and accessibility:
| Direction | Nearby Location | Distance ( approx) | Highlights |
| North | Guindy | 4 km | Access to industrial estate, metro and IT offices |
| East | Taramani / Thiruvanmiyur | 5 - 6 km | Close to OMR IT corridor and TIDEL Park |
| South | Madipakkam | 3 km | Affordable residenatial extension of Velachery |
| South west | Pallikaranai | 4 km | Fast growing zone with new flats and better roads |
| West | Adambakkam / Nanganallur | 4 km | Family friendly locilities with schools and temples |
Sub-localities within Velachery itself include:
Vijaya Nagar, Dhandeeswaram Nagar, Baby Nagar, Ram Nagar, Tansi Nagar, and VGP Selva Nagar.
Types of Flats Available in Velachery
1. 1 BHK Flats
- Size: 450 to 650 sq.ft
- Price Range: ?30 – ?50 Lakhs
- Ideal for: Singles, small families, and rental investors
2. 2 BHK Flats
- Size: 800 to 1100 sq.ft
- Price Range: ?60 Lakhs – ?1 Crore
- Common in mid-sized gated communities
3. 3 BHK Flats
- Size: 1200 to 1600 sq.ft
- Price Range: ?1 Crore – ?1.6 Crore
- Found in premium zones like Vijaya Nagar and LIC Colony
4. 4 BHK & Luxury Apartments
- Size: 1800 to 2500+ sq.ft
- Price Range: ?1.8 Crore – ?3 Crore+
- Usually in large developments with full amenities
Construction Types
- Ready-to-Move Flats: Completed projects, available for immediate possession.
- Under-Construction Flats: New developments by reputed builders, offering modern amenities.
- Resale Flats: Older or owner-occupied flats available in well-settled streets like Ram Nagar and Baby Nagar.
Price Trends in Velachery (2025 Estimate)
| Category | Price per sqft | Typical Total Cost |
| Budget Flats | Rs 6000 - 7000 | Rs 50L to 80L |
| Mid Range Flats | Rs 7000 - 8,500 |
Rs 80L to 1.2cr |
| Premium Flats | Rs 8,500 - 10,500 | Rs 1.3cr to 2 cr* |
Average price appreciation over the last 3 years: 8–10% annually, due to metro expansion and commercial development nearby.
Amenities in Flats
Most modern apartments in Velachery offer:
- Covered car parking
- 24/7 power backup
- CCTV and security
- RO water system
- Lift access
- Terrace or children’s play area
- Rainwater harvesting
- Maintenance staff & intercom facilities
Connectivity & Transport
- Roads: Velachery Main Road, 100 Feet Bypass Road, GST Road, Taramani Link Road
- Rail: Velachery MRTS Station connects to Guindy, Mylapore, and Chennai Beach
- Metro: Upcoming Phase II Metro link to Adyar, Guindy, and St. Thomas Mount
- Airport: Chennai International Airport – 7 km away
This connectivity makes Velachery a central hub between OMR and the city’s core zones.
Nearby Facilities
- Education
DAV Public School, Velachery - Sunshine Senior Secondary School
- Guru Nanak College
- San Academy
Healthcare
- Prashanth Super Speciality Hospital
- Apollo Clinic
- Vijay Hospital
- Bloom Hospital
Shopping & Leisure
- Phoenix Marketcity (Velachery Main Road)
- The Grand Mall
- Decathlon Velachery
- Numerous restaurants, cafés, and supermarkets
Notable Nearby Localities for Flat Buyers
1. Madipakkam
- 3 km from Velachery
- Price range of flats (Rs 62L to 1.49cr range)
- Good drainage, schools, and peaceful neighborhoods
2. Adambakkam
- 4 km away
- Perfect for families; traditional yet urban
- Price Range of Flats ( Rs 91L to Rs 1.48cr )
3. Pallikaranai
- 4–5 km from Velachery
- Growing rapidly with modern gated communities
- Close to OMR IT corridor
- Price Range Between ( Rs 50L to 1.18cr )
4. Guindy
- 5 km away
- Prime business district; limited new flats but strong rental demand
5. Tharamani / Perungudi
- 6 km away
- Popular among IT professionals
- Flats priced between ( Rs 1.4L to 1.63cr )
Real Estate Investment Insights
- Demand Drivers: IT employment zones nearby (Guindy, Taramani, OMR)
- Resale Value: High resale demand due to location convenience
- Rental Potential: 3–4% annual rental yield; stable tenant demand
- Future Growth: Metro line and Velachery Bypass Road expansion will further raise property prices
Important Buyer Checks
- Ensure RERA registration and CMDA approval
- Verify Undivided Share (UDS) of land
- Check drainage and water supply connections
- Confirm clear property title and legal documents
- Assess building age and maintenance cost for resale flats
- Consider flood zone and elevation before finalizing
Conclusion
Velachery and its nearby locations — Madipakkam, Pallikaranai, Adambakkam, Guindy, and Taramani — form a complete residential network in South Chennai.
It combines:
- Excellent infrastructure
- IT corridor proximity
- Top schools and hospitals
- Metro and MRTS connectivity
- Strong appreciation and rental potential
If you are planning to buy a flat in Velachery, you’re choosing a location that offers both modern city convenience and long-term real estate value.
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