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Robust Progress Tailed by Property Prices in Velachery


Velachery is the residential corridor which is placed in South Chennai. This region is considered as the major hot spots over the years hence flats for sale in Velachery became the favorite destination for the property buyers and shareholders. In the quarter of Oct-Dec 2012, the flats for sale in Velachery Main Road were holding the foremost position. According to property portals report, Velachery has become the top most position for the more desired residential localities in the Chennai. Property prices in Velachery are improved due to these features. This locality is yielding more fame towards the realty investment.

The real estate trends in this region are seeing various upward and downward in the recent years. In the period of Apr-Jun 2013, cost price for the posh flats for sale Velachery is ranging from Rs. 6713 per sq. ft. In Jul-Sep 2013 quarter, the prices are increased to be Rs. 6722 per sq. ft. and the flats for Sale in Velachery Main Road in the Oct-Dec quarter, the prices are raised to be Rs. 6731 per sq. ft. the price ranges are continued to be same in the Jan-Mar 2014 quarter as Rs. 6731 per sq. ft. Therefore, increase in property prices in Velachery enhances the high value appreciation in the upcoming years.

Locality is surrounded by residential areas such as Medavakkam, Pallikaranai, Guindy, Adyar, Madipakkam, etc. These features make the people to buy Adyar flats for Sale to get access to Velachery. This region is a home place for many IT concerns, renowned colleges, Multispecialty hospitals and a lot more. Due to these facilities and availability, the most of buyers are looking for flats for sale in Velachery Bypass Road. Besides, the area is closed to the major IT corridors in the city like OMR, Thoraipakkam, Perungudi, Selaiyur, Sholinganallur, Tambaram, etc. Hence, most of the purchasers of posh flats for Velachery are the IT professionals.

Region is well connected to all major parts of the city through all modes of transportation. This connectivity drives the people to invest in Adyar flats for sale. Owing to easy connectivity and a renowned infrastructure makes the property builders to launch their residential developments in this region. Real estate builders are offering ultra-modern and most sophisticated flats for sale in Velachery. Along with the flats, they are offering all new and exclusive amenities with the township. Go and find your dream abode at this place to enjoy your utmost lifestyle.

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