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@Gurmeet: According to me it would be very good idea if you are planning to buy property in Velachery. As far as I know you can get good returns as it is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.
@Gurmeet: Ans : The area is well connected with other parts of the city. It is just 15 km from Chennai City Railway Station and 10 km from Chennai International Airport.
With large railway stations (MRTS Mass Rapid Transportation system) and Bus terminal, Velachery is well connected with rest of the Velachery is well accessible from many part of the city with wide 100feet roads such as by-pass, inner ring, Palikarani to Pallavaram and OMR Link Roads.
Hello Ram Gopal: Akshaya Arya Arcade project is located in Velachery. The price for 2bhk is around Rs 61 lakhs for 925 sq.ft, for 1bhk for 36 lakhs for 552 sq.ft.
Velachery is an emerging residential hub for IT professionals and other office goers working in around places such as Velachery, Taramani, Perungudi, OMR. It is very easily accessible to OMR and ECR roads. Also restaurants like McDonnell, KFC, Subway, Pizza corner, Dominos are near by.