Apartments for Rent in Velacher

Apartment Rental Trends in Velachery

Apartment Rental Trends in Velachery, Chennai

Velachery is a prominent locality in Chennai, India, and is known for its residential and commercial significance. The apartment rental trends in Velachery have been influenced by various factors such as infrastructure development, proximity to IT parks, educational institutions, and overall demand for housing in the area.

Rental Prices

The rental prices for apartments in Velachery have shown a steady increase over the past few years. This can be attributed to the growing demand for housing in the area due to its strategic location and accessibility to key amenities. The rental prices vary based on the size of the apartment, amenities offered, and the specific locality within Velachery.

Demand and Supply

The demand for rental apartments in Velachery has been consistently high due to its proximity to major IT parks such as Tidel Park, Ascendas IT Park, and RMZ Millenia. Additionally, the presence of reputed educational institutions and healthcare facilities has also contributed to the high demand for rental properties in Velachery. The supply of rental apartments has also increased to meet this demand, with several new residential projects being developed in the area.

Amenities and Facilities

The apartment rental trends in Velachery also reflect the preferences of tenants for modern amenities and facilities. Apartments for rent in Velacher with features such as 24/7 security, power backup, parking facilities, and proximity to public transportation hubs are highly sought after. Additionally, the presence of recreational facilities such as parks, shopping centers, and restaurants also influences the rental trends in Velachery.

Distance from Hospitals to Rental Apartments in Velacher

The distance of hospitals from rental apartments in Velacher, Chennai can vary depending on the specific location of the apartment and the hospital. However, I can provide some general information on the distances of some major hospitals from popular rental apartment areas in Velacher, Chennai.

Apollo Hospitals:

Apollo Hospitals is one of the most popular and reputed hospitals in Chennai, with multiple branches across the city. The distance of Apollo Hospitals from some popular rental apartment areas in Velacher, Chennai is as follows:

From Adyar apartments: 5-7 km (approximately 15-20 minutes drive)

From Anna Nagar apartments: 8-10 km (approximately 20-25 minutes drive)

From OMR apartments: 10-12 km (approximately 25-30 minutes drive)

Fortis Malar Hospital:

Fortis Malar Hospital is another well-known hospital in Chennai, with a branch located in Adyar. The distance of Fortis Malar Hospital from some popular rental apartment areas in Velacher, Chennai is as follows:

From Adyar apartments: 2-3 km (approximately 5-10 minutes drive)

From Anna Nagar apartments: 5-6 km (approximately 15-20 minutes drive)

From OMR apartments: 8-9 km (approximately 20-25 minutes drive)

SRM Hospital:

SRM Hospital is a multi-specialty hospital located in Potheri, Chennai. The distance of SRM Hospital from some popular rental apartment areas in Velacher, Chennai is as follows:

From Adyar apartments: 12-15 km (approximately 30-40 minutes drive)

From Anna Nagar apartments: 15-18 km (approximately 35-45 minutes drive)

From OMR apartments: 18-20 km (approximately 40-45 minutes drive).

Neighborhood Areas of Velachery

Neighborhood Areas of Velachery, Chennai

Velachery is a prominent residential and commercial area located in the southern part of Chennai, India. It is known for its well-developed infrastructure, educational institutions, shopping centers, and entertainment options. The neighborhood areas of Velachery include:

Velachery Main Road: This arterial road runs through the heart of Velachery and is lined with various commercial establishments, including restaurants, retail outlets, and offices. It serves as a major thoroughfare connecting different parts of the locality.

Vijaya Nagar: Vijaya Nagar is a residential area within 2BHK apartments for rent in Velachery characterized by its peaceful surroundings and proximity to essential amenities such as schools, parks, and healthcare facilities.

Tansi Nagar: Tansi Nagar is a well-established residential locality in Velachery, known for its tranquil environment and accessibility to public transportation, making it convenient for daily commuters.

Baby Nagar: Situated close to the Velachery MRTS railway station, Baby Nagar is a bustling neighborhood with a mix of residential and commercial spaces. It offers easy access to public transport and has a range of shops and eateries.

Nagendra Nagar: Nagendra Nagar is a residential area known for its serene atmosphere and proximity to educational institutions, making it an ideal location for families with school-going children.

Gandhi Road: Gandhi Road is a bustling commercial area in Velachery, featuring numerous retail stores, banks, and eateries. It is also home to several residential complexes, providing a blend of convenience and urban living.

Distance from Railway Station To Velachery

Distance of Railway Station from Velachery, Chennai

The distance between Velachery and the nearest railway station, which is the Velachery MRTS Station, is approximately 1.5 kilometers.