About Velachery

Velachery is located in the southern part of Chennai. It was earlier known as Vedasreni which in Tamil language means Abode of Vedas. It is one of the most important townships in the city because of development of IT companies in the vicinity. The locality is also a prime residential area.

The name Vedasreni was kept from the Chola period. It was also known as Vedanarayanapuram during the same period. Along with time, the place was also named with a Tamil word which means King or the Leader that also denotes Lord Sri Narasimha Swami. Then later, it was named Velachery after the word which means a place where people can gather and worship the lord.

The areas that surround Velachery are Taramani in the east, Adambakkam in the northwest and Pallikaranai Marshland in the south. The major landmark in the locality is the presence of IIT Madras in the north-east. Some of the other localities in the neighbourhood are Madippakkam, Guindy, Adyar and Thiruvanmiyur.

Velachery Location

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Real Estate Market Trends in Velachery, Chennai

Property Rates

₹ 7010 / sq. ft.

Average selling price

₹ 15746 / month

Average rent for a 2BHK

N/A% / year

Estimated Sale Price Appreciation

Property Type and Project Status Distribution in Velachery, Chennai

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