PS Srijan Developers - Kilpauk, Chennai: Malls in Vellachery, Chennai

Malls
Velachery lies in the southern outskirts of the Chennai city. The place is about 13 kms far from Chennai Central. The adjoining regions of Velachery include Adyar, Guindy and Thiruvanmiyur. Its a vast rapidly developing area and it is located 5 kilometers before Old Mahabalipuram Road (which is today called the IT Express Highway). Geographically, it is surrounded by IIT Madras in the north-east, Taramani in the east, Adambakkam in the northwest.

The major surrounded areas around Velachery is Raj Bhavan (Tamil Nadu Governor’s Office), Indian Institute of Technology (IIT Campus) and Tidel Park where IT Companies are flourishing enormously. Lots of Residential apartments exist as well as coming up on huge scale with Multistoried Buildings. There are major companies like Rane Madras, Raptakoss & Brett Company etc. Some of the big IT Companies like Tata Consultancy Services (TCS), Cognizant Technology Solutions (located in Pallikaranai approx. 2.5 Kms from Velachery Railway Station), GNH SOFT Research & Development India Pvt Ltd have already their office’s in this area.

The interest in Velachery is recent and (it) has been fuelled largely by the increasing software presence on the Old Mahabalipuram Road and the proximity to the Tidel Park. The place is being considered as ideal for the professionals employed at the developing down town. The software boom and the mushrooming of software companies on the Old Mahabalipuram Road have all had a positive influence on how people see Velachery. As more and more IT parks are emerging on the Old Mahabalipuram Road, IT & working-class people are settling in Velachery. Within a short span of time, with its proximity to the software district and good connectivity to the city, Velachery is a real estate developer's delight. The place has developed and it is on demand to procure a property there. The prevailing rate of this area is around Rs. 5000/- per sq.ft. (For flat) Jains Housing is coming up with Jains Sasvat at Velachery. Fgeyes, SAI Builders, NATWEST are also coming up with the project.