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Chennai, Tamil Nadu — 600042
Velachery is a highly livable residential locality in Chennai with average property prices of ₹10,936/sqft (AVnester Market Intelligence, as of Aug 2026), a 7/10 safety score, and 8/10 livability score (scores from AVnester locality research).
Velachery is a large residential hub in south Chennai and one of its own revenue taluks. It is the terminus of the MRTS elevated rail's second phase from Thirumylai (Mylapore), giving it direct rail access toward the coast and the city, and it sits immediately west of the OMR and Taramani employment belts. The locality offers a broad mix of apartment communities and independent houses with strong retail activity.
Velachery is a highly livable residential locality in Chennai, Tamil Nadu (PIN: 600042). The average property price is ₹10,936/sqft (AVnester Market Intelligence, as of Aug 2026). A typical 2BHK apartment costs between ₹98,42,400 and ₹1,31,23,200. Average 2BHK rent is ₹23,500/month (indicative average from AVnester locality research). It scores 7/10 for safety and 8/10 for livability, with key strengths in mrts phase ii rail terminus with service toward mylapore and chennai beach, immediately west of the omr/taramani employment belt, one of the 17 revenue taluks of post-2018 chennai district.
Source: AVnester Market Intelligence · as of Aug 2026 (price) · rent: AVnester locality research (indicative) ·
Source: AVnester Market Intelligence · as of Aug 2026 (price) · rent: AVnester locality research (indicative) · 2026-08-01
A 2BHK apartment in Velachery, Chennai costs between ₹98,42,400 and ₹1,31,23,200 (AVnester Market Intelligence, as of Aug 2026; range assumes a 900–1,200 sqft unit), with an average price of ₹10,936 per sqft. Rental apartments start at approximately ₹23,500/month for a 2BHK (indicative average from AVnester locality research).
Velachery scores 8/10 for livability and 7/10 for safety on AVnester. It is one of the top-rated localities in Chennai for residential living. Key advantages include mrts phase ii rail terminus with service toward mylapore and chennai beach, immediately west of the omr/taramani employment belt, one of the 17 revenue taluks of post-2018 chennai district.
Velachery is best for premium buyers, established families, and investors seeking stable rental yields in a mature Chennai locality. At ₹10,936/sqft, it offers premium amenities and strong infrastructure.
Avg Price/sqft
₹10,936
Avg Rent (2BHK)
₹23,500
Safety Score
7/10
Livability Score
8/10
Source: AVnester Market Intelligence · as of Aug 2026 (price) · rent: AVnester locality research (indicative) · See full price trends
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Track historical price movements and market trends. Based on platform data.
| Locality | Avg Price/sqft | Avg Rent (2BHK) | Safety | Livability |
|---|---|---|---|---|
| Velachery (this area) | ₹10,936 | ₹23,500 | 7/10 | 8/10 |
| Guindy | ₹13,963 | ₹40,000 | 7/10 | 7/10 |
| Madipakkam | ₹9,853 | ₹19,000 | 7/10 | 7/10 |
| Perungudi | ₹11,603 | ₹27,500 | 7/10 | 7/10 |
| Thiruvanmiyur | ₹17,168 | ₹36,000 | 8/10 | 8/10 |
Prices resolve per locality: live market figures where a price series exists (as of Aug 2026) · See live price trends
Based on current market data, Velachery is a premium locality with a moderate growth signal and an estimated gross rental yield of ~2.6% per annum.
Based on AVnester Market Intelligence (as of Aug 2026) and AVnester locality research. Consult a registered real estate advisor before making investment decisions.
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Read guide →Chennai, Tamil Nadu — 600042
AVnester
Locality Report Card
Avg Price/sqft
₹10,936
Avg Rent (2BHK)
₹23,500
Safety Score
7/10
Livability Score
8/10
Highlights
Transport
Shopping
Parks
Generated 13/8/2026 — avnester.com
avnester.com/localities/chennai/velachery
Velachery has a safety score of 7/10 and a livability score of 8/10. The average property price is ₹10,936/sqft and average 2BHK rent is ₹23,500/month. Download the full Locality Report Card as PDF or share it on WhatsApp from the AVnester locality page.
Yes! AVnester provides a free downloadable Locality Report Card for Velachery with safety scores, livability scores, price data, highlights, and nearby amenities. Download as PDF or share as an image on WhatsApp.
The average property price in Velachery, Chennai is ₹10,936/sqft (AVnester Market Intelligence, as of Aug 2026). Average 2BHK rent is ₹23,500/month (indicative average from AVnester locality research). Live monthly trends are published on AVnester's Price Trends page.
Velachery has a livability score of 8/10 and a safety score of 7/10 on AVnester. Key highlights: MRTS Phase II rail terminus with service toward Mylapore and Chennai Beach, Immediately west of the OMR/Taramani employment belt, One of the 17 revenue taluks of post-2018 Chennai district. Velachery is a large residential hub in south Chennai and one of its own revenue taluks. It is the terminus of the MRTS elevated rail's second phase from Thirumylai (Mylapore), giving it direct rail a.
School information for Velachery is being updated. Check AVnester locality guides for the latest.
Hospital information for Velachery is being updated.
Transport details for Velachery are being updated.
Key highlights of Velachery: MRTS Phase II rail terminus with service toward Mylapore and Chennai Beach. Immediately west of the OMR/Taramani employment belt. One of the 17 revenue taluks of post-2018 Chennai district. Broad housing mix from apartments to independent houses. Strong organised retail presence.
The average rent for a 2BHK apartment in Velachery, Chennai is approximately ₹23,500/month. Rental rates vary based on furnishing, floor, and proximity to main roads.
Velachery has a livability score of 8/10 and safety score of 7/10. With an average price of ₹10,936/sqft, it offers premium positioning with established infrastructure. Check AVnester's price trends for appreciation data.
Shopping information for Velachery is being updated. Check AVnester for the latest amenity data.
Velachery offers apartments, villas, independent houses, and plots for sale and rent. Browse verified listings on AVnester with photos, prices, and direct contact details.
The pin code of Velachery, Chennai is 600042. This area falls under the Chennai postal circle.
Water supply in Velachery varies by micro-location. Some parts receive BWSSB supply while others depend on borewells. Check AVnester for micro-location water supply data.
Velachery has shown consistent growth in property values. With an average price of ₹10,936/sqft and a livability score of 8/10, the area has matured pricing with stable appreciation. Use AVnester price trends for historical data.
Transport and IT park connectivity details for Velachery are available on the AVnester locality guide.
For investment in Velachery, consider the safety score (7/10) and livability score (8/10). Premium apartments in gated communities offer stable rental yields. Compare options on AVnester.