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Velachery

Avg. Rate

₹ 5,752/sq. ft

Locality Rating

7.2/10

Velachery is a locality in Chennai, Kanchipuram district, and its PIN code is 600042. Located in the southern part of the city, it is a rapidly growing area with a mix of residential and commercial properties. The locality is known for its well-planned infrastructure, including wide roads, parks, and shopping centers. It is also home to several educational institutions, including schools and colleges. The area is well-connected to other parts of the city through the Velachery railway station and several buses. The locality has a diverse population with a mix of old and new residents. The area is also known for its vibrant shopping scene, with several malls and markets offering a range of products and services. Overall, Velachery is a popular residential and commercial area in Chennai.

Region

Velachery

City

Chennai

District

Chennai

State

Tamil Nadu

Pincode

600042

Population

39,475

Schools

Nearest Airport

Chennai International Airport (MAA)

Neighbourhood Insights by

The Good

Velachery MRTS and Metro Phase 1 station make it one of the best rail-connected localities in South Chennai

Phoenix MarketCity — South Chennai's largest mall — and Palladium are both within 3 km

Centrally positioned between the OMR IT belt and Guindy industrial zone; strong mid-segment rental demand

The Bad

Velachery Lake and Pallikaranai Marsh proximity makes it one of Chennai's most flood-prone localities — 2015 floods were catastrophic here

100 Feet Road and Inner Ring Road bottlenecks during IT shift hours are among Chennai's worst traffic flashpoints

High supply of investor-held apartments results in below-average maintenance standards in several complexes

Puzhuthivakkam Bus StandEswaran Koil Street, Zone 14 Perungudi, Chennai Corporation, 600091

NGO Colony Bus TerminusCity Link Road, Ward 161, Chennai Corporation, 600088

TaramaniPeeliamman Koil Street, Zone 13 Adyar, Chennai Corporation, 600113

Aurum Price Index for Velachery

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

Property Listing Trends

(12%)

RERA Inventory & Sales Velocity

(13%)

IGR Transaction Data

(15%)

Rental Yield

(10%)

Pollution & Environment

(08%)

Infrastructure & Connectivity

(13%)

Social Infrastructure

(08%)

Crimes & Safety

(08%)

Political Stability

(06%)

Corruption & ease of doing business

(07%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 5,752/sq. ft

Average Price Range

₹ 1,700 – 17,900

Trend (5Y)

▲ 68.7%

Nearby Neighborhoods

Nehru Nagar

Nehru-Nagar is a locality in Chennai, Chennai District, and its PIN code is 600097. Located in the Kanchipuram district, it is a residential area with a mix of old and new buildings. The locality is surrounded by other residential areas and commercial establishments, providing easy access to basic amenities. Nehru-Nagar has a relatively quiet and peaceful atmosphere, with a mix of people from different age groups and professions. The area is well-connected to other parts of the city through public transportation, including buses and autorickshaws. While it may not be as densely populated as other areas in Chennai, Nehru-Nagar has a distinct character and is a part of the city's fabric. The area is also home to several educational institutions, healthcare facilities, and shopping centers, making it a convenient option for residents.

Avg. Rate

₹ 4,822/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Adambakkam

Adambakkam is a locality in Chennai, Chennai District, and its PIN code is 600088. Located in the southern part of the city, this area is known for its residential neighborhoods and commercial establishments. The locality is situated near the Velachery Main Road and is well-connected to other parts of the city through public transportation. Adambakkam has a mix of old and new buildings, reflecting the area's history and growth over the years. The locality is also home to several educational institutions, including schools and colleges, catering to the needs of the local residents. Kanchipuram District is the administrative district where Adambakkam falls under, and the area has a diverse population with various communities living together. The locality is also known for its temples and other places of worship.

Avg. Rate

₹ 4,488/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Indian Institute Of Technology

Indian-Institute-Of-Technology is a locality in Chennai, Chennai District, and its PIN code is 600036. Located in the heart of the city, this area is surrounded by various educational institutions, research centers, and residential complexes. The locality is known for its well-planned infrastructure, with wide roads and ample parking facilities. It is situated near the Anna University campus and is easily accessible by public transport. The area is also close to the Guindy National Park, a popular spot for nature lovers and birdwatchers. As part of the Chennai district, Indian-Institute-Of-Technology locality offers a peaceful and serene environment, making it a preferred choice for students, researchers, and professionals alike. The area is also home to various shops, restaurants, and cafes, catering to the needs of its residents and visitors.

Avg. Rate

₹ 6,105/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Madipakkam

Madipakkam is a locality in Chennai, Chennai District, and its PIN code is 631701. It is situated in the southwestern part of the city and is known for its residential areas, commercial complexes, and educational institutions. The locality is well-connected to other parts of the city through public transportation and is easily accessible via the Old Mahabalipuram Road. The area has seen significant development in recent years with the construction of new buildings, apartments, and shopping centers. Madipakkam is located in the Kanchipuram district of Tamil Nadu, which is known for its rich cultural heritage and historical sites. The locality is home to a diverse population of people from different backgrounds and professions, making it a vibrant and cosmopolitan area.

Avg. Rate

₹ 3,197/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Perungudi

Perungudi is a locality in Chennai, Chennai District, and its PIN code is 622506. Located in the Kanchipuram district of Tamil Nadu, this area is known for its residential and industrial properties. The locality is situated near the Chennai International Airport and is connected to the city through various roads and highways. Perungudi is also home to the Perungudi sewage farm, a large waste management facility that serves the city of Chennai. The area has seen significant development in recent years, with the construction of new residential and commercial buildings. The locality is also close to the IT hubs and industrial areas of Chennai, making it a popular choice for professionals and businesses. The area has a mix of old and new buildings, with a blend of residential and commercial properties.

Avg. Rate

₹ 6,105/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

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Frequently Asked Questions

The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in

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Velachery

Neighbourhood Insights by

The Good

The Bad

Aurum Price Index for Velachery

Aurum Price Index is based on 10 parameters:

Rates and Trends

Nearby Neighborhoods

Nehru Nagar

Adambakkam

Indian Institute Of Technology

Madipakkam

Perungudi

Real Estate Toolkit

Frequently Asked Questions

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