Situated in south Chennai, Velachery is one of the quick-growing areas in terms of Chennai real estate. The region has all facilities and infrastructure essential to make it a suburban region. It provides property in all range of prices and hence assures high returns on investment.
According to the 2012 property news report, Velachery properties are high among the top preferred locations for purchasing and leasing. When we go through the past two quarters of 2013, Velachery has sustained the third place in the list of most desired areas for sale and the highest position in the favorite regions for rental. The price of the flats for sale in velachery is ranging between Rs. 3000 – 35000 sq. ft.
The progress of Velachery apartments from the past years can be quoted because of the development of the IT fields in south Chennai. This area acts as most significant hub joining the vastly developing corporate class Information Technology strip commonly called as OMR. The dwellers of the flats in Velachery are surrounded by residential suburbs like Guindy, Adyar, Chrompet, Madipakkam, Pallikaranai, etc. The region is also proximity to the major IT corridors called Thoraipakkam, Siruseri, Perungudi, Kelambakkam and many more. Hence these feature made the real estate developers to launch more number of residential projects in Velachery.
Since the region provides reasonable prices and is near to various IT companies, the mid-level IT peoples wish to stay at apartments for rent in Velachery. The people who need to stay near to the Chennai airport then Velachery is an ideal choice. The region is known to be serene and pleasant covered by natural environments which made people to enjoy the fresh air. Hence, these aspects made a fast development of many ongoing projects in Velachery. There are several renowned colleges, multi-specialty hospitals, schools, malls, etc. are placed in this locality to satisfy the needs of the residents. Because of this reason Velachery became high in demand among the investors and buyers. If you purchase the apartments in Velachery, then you will get the great return of value.
According to the 2012 property news report, Velachery properties are high among the top preferred locations for purchasing and leasing. When we go through the past two quarters of 2013, Velachery has sustained the third place in the list of most desired areas for sale and the highest position in the favorite regions for rental. The price of the flats for sale in velachery is ranging between Rs. 3000 – 35000 sq. ft.
The progress of Velachery apartments from the past years can be quoted because of the development of the IT fields in south Chennai. This area acts as most significant hub joining the vastly developing corporate class Information Technology strip commonly called as OMR. The dwellers of the flats in Velachery are surrounded by residential suburbs like Guindy, Adyar, Chrompet, Madipakkam, Pallikaranai, etc. The region is also proximity to the major IT corridors called Thoraipakkam, Siruseri, Perungudi, Kelambakkam and many more. Hence these feature made the real estate developers to launch more number of residential projects in Velachery.
Since the region provides reasonable prices and is near to various IT companies, the mid-level IT peoples wish to stay at apartments for rent in Velachery. The people who need to stay near to the Chennai airport then Velachery is an ideal choice. The region is known to be serene and pleasant covered by natural environments which made people to enjoy the fresh air. Hence, these aspects made a fast development of many ongoing projects in Velachery. There are several renowned colleges, multi-specialty hospitals, schools, malls, etc. are placed in this locality to satisfy the needs of the residents. Because of this reason Velachery became high in demand among the investors and buyers. If you purchase the apartments in Velachery, then you will get the great return of value.
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