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@Vivek: All units such as 2bhk and 3bhk is available. The 2bhk will be around Rs. 45.92L - Rs. 57.42L for 835 - 1044 sq.ft, for 3bhk it would be Rs. 68.31L - Rs. 79.36L for 1242 - 1443 sq.ft.
Guys it is a very calm area with lot of parking spaces and growing constructions. It is the center point to the IT Hub of Thoraipakkam, OMR Road. It also is central point between Medavakkam, Kilkattalai & Madipakkam.
@Vivek: Kovilambakkam is a very prime location in Chennai. Mostly individual houses and apartments in the upper middle class segments live here without traffic. All major shopping, market, hospitals and ATM are available in this locality. Yes it will be good for investments.