Q✅ Which are the localities near Velachery to buy a Property?The localities nearby Velachery to buy a Property are Neelankarai, Injambakkam, Sholinganallur.
Q✅ What is the total number of Projects in Velachery Chennai available for sale in new projects category at Squareyards.com?There are a total of 446 number of Projects available for sale in Velachery Chennai at Squareyards.com in new projects category.
Q✅ Are there any Luxury Apartments in Velachery Chennai?Yes, there are 1 number of Luxury Apartments in Velachery. You can check them out by visiting the page Luxury Apartments in Chennai
Q✅ Are there any Ready to move in Projects in Velachery Chennai?Yes, there are 443 number of Ready to move in projects in Velachery. You can check them out by visiting the page Ready to move in Projects in Chennai
Total Projects: 446
There has always been huge demand for property in Velachery on account of its strategic location. Velachery lies in the Adyar residential zone and offers several premium and mid range projects to buyers. There are several advanced stage and ready to move projects in the area and 2 and 3 BHK housing units are predominantly available here. Leading developers like Paramount and Phoenix are highly active in the area as well.
Velachery’s residential market has witnessed substantial growth in tandem with south Chennai’s IT boom. Velachery is a major hub linking the IT/OMR corridor. It also connects the GST Road and the Central Business Districts of the city. The area has grown rapidly as a commercial cum residential hub and the Velachery Main Road links Mount Road (Anna Salai) and south Chennai at Guindy while this road also links Velachery and Guindy. The 100 foot bypass road links directly to Guindy while the Taramani Link Road connects the Rajiv Gandhi Salai to Velachery. The Jawaharlal Nehru Salai or Inner Ring Road passes near the area and links it to the airport and GST Road.
Velachery is also known as a major retail hub and is well connected to Thiruvanmiyur, Adambakkam, IIT Madras, Madipakkam, Guindy, Perungudi, Adyar and Tharamani. The Chennai International Airport lies just 8-10.5 kilometres away from Velachery and the Inner Ring Road offers access to the airport as mentioned earlier. There are direct buses to the Airport while other MTC buses also ply here. The Vijayanagar Junction is one of the city’s most vital junctions and has a bus terminus. The Velachery MRTS railway station is another connectivity lifeline in the area. EMU services are available from Chennai Beach to Velachery while a monorail network has been proposed by the Tamil Nadu Government for linking the area with Medavakkam, Vandalur, Pallikaranai and Tambaram.
Velachery is home to several leading hotels like the ITC Grand Chola, Westin and Park Hyatt. The proposed MRTS extension will link Velachery with the St Thomas Mount. Twin flyovers will also be constructed at the Vijayanagar Junction to ease traffic. The Velachery Aquatic Complex is a major attraction in the area. Several IT and ITeS companies have set up shop in Velachery including TCS, Sutherland Global Services and ZOHO Corp among others. Velachery’s proximity to the OMR and CBD make it an attractive housing destination for several IT professionals and other businesspersons. The Phoenix Market City is a major shopping mall in the area while the Grand Mall is also present here.
Reputed educational institutions in the area include the Gurunanak College, Balaji Dental College & Hospital, Jerusalem College of Engineering, Lakshmi Vidyalaya, Bethel Matriculation Higher Secondary School, Guru Nanak Matriculation Higher Secondary School and the Sivasakthi Matriculation School among others. Property prices have increased by approximately 4.48% in the area as per Q3 2015 and average prices stand at around INR 7, 746 per sq. ft. here for the same period. Popular projects include Paramount Pearls, Navin Housing Jasmine Buds, Ramaniyam Marvel, Phoenix Royal Crest Apartments and Ramaniyam Maanas.