Vijay Nagar, Chennai

About

Vijay Nagar, Velachery, Chennai Overview

Location and Amenities
  • Located in the Velachery area of Chennai, Tamil Nadu, India, Vijay Nagar has many vital amenities nearby.
  • It comes with good transport access and proximity to malls, hospitals, schools, key roads, the airport, shopping centers, and temples.
Property Prices
  • Properties in Vijay Nagar typically start at ₹10,000 per square foot.
  • The average property price here is Rs. 9,929 per square foot.
Year-on-Year Growth
  • Property prices have gone up by 10.22% within the past year. This positive trend is very much favorable for investors and buyers.
Available Properties
  • Apartments: For sale or rent. For instance, 3 BHK flats with spaces between 1500 to 2000 square feet can be rented for ₹35,000 to ₹40,000 each month.
  • Independent Houses: Less often listed compared to apartments.
Rental Market
  • Apartment rental costs change depending on the size and furnishings. A semi-furnished 3 BHK villa of 2000 square feet can cost ₹40,000 per month to rent.
  • Smaller units, like a 1 BHK flat, are available for a lower rent, ₹15,000 per month.
Infrastructure and Conveniences
  • Vijay Nagar boasts quiet roads and good infrastructure.
  • Educational institutions such as Tatva School and Prashanth Super Speciality Hospital are nearby.
PropertyWala's Conclusion

Vijay Nagar in Velachery, Chennai, is an enticing place for both buyers and renters. We can see that its strategic location, upward property price trends, and broad range of property types make it well-suited for investment or residence. The locality boasts robust infrastructure, essential amenities nearby, and a recent growth surge in property rates. Nonetheless, anyone considering buying or renting should keep a watch on market trends and fully evaluate personal needs and budgets for a sound decision.

Nearby

  • Transport

    • Hindustan Petroleum (<1 km)
    • Velachery (~1 km)
    • Madipakkam Bus Stand (~3 km)
    • Alandur (~5 km)
    • Chennai International Airport (~9 km)
    • Chokani Jetty (~23 km)
  • Shopping & Dining

    • Sivaram Provision Store (<1 km)
    • Sri Venkatashwara Supermarket (<1 km)
    • Adyar Ananda Bhavan (<1 km)
    • Grand Square (<1 km)
    • Chai Galli Velachery (<1 km)
    • Sri Karaneeswarar Fish Market (~7 km)
  • Healthcare

    • Medplus (<1 km)
    • Aarthi Priyas Tooth Care Clinic (<1 km)
    • Prashanth Hospitals (<1 km)
    • Sukrthi Nursing Home (~1 km)
    • Apollo Pharmacy (~1 km)
    • Jeevan Clinic (~2 km)
  • Education

    • Sri Chaitanya Techno School (<1 km)
    • D.A.V Public School (<1 km)
    • District full-time library, Velachery (~2 km)
    • National Institute of Ocean Technology (~4 km)
    • Indian Institute of Technology - Madras (~5 km)
    • Jerusalem College of Engineering (~5 km)
  • Leisure & Entertainment

    • Municipality Park (<1 km)
    • PVR Cinemas (<1 km)
    • VR Sports Hub (<1 km)
    • Children's Park, Guindy (~6 km)
    • Cosmopolitan Club Golf Course (~8 km)
    • Nungambakkam SDAT Stadium (~13 km)
  • Services

    • Axis Bank (<1 km)
    • HDFC Bank (~1 km)
    • Velachery Police Station (~1 km)
    • Velachery Post Office (~2 km)
    • Fire service station;Fire Force Service center (~2 km)
    • Zone 14, Greater Chennai Corporation Office (~4 km)
  • Religious Places

    • Shiva Vishnu Temple (<1 km)
    • Masjid Haadi (~1 km)
    • Ramar Temple (~2 km)
    • Our Lady of Perpetual Help Church (~2 km)
    • Advent christian conference of india (~2 km)
    • Kodi Baba Sai Baba Temple (~3 km)
  • Business & Hospitality

    • Westin (~3 km)
    • Nehru Nagar Industrial Estate (~4 km)
    • Chennai One SEZ (~5 km)
    • Ramanujam SEZ (~5 km)
    • Trident (~6 km)
    • Guindy Industrial Estate (~6 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Vijay Nagar

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News

Chennai Property Tax Reassessment Faces Backlash Over Sharp Increases

thehindu · · Regulatory

Residents and councillors criticised Chennai Corporation’s reassessment for steep increases, limited notice and transparency; the drive covers three lakh properties and is expected to raise ₹83 crore annually.

Key facts

The Greater Chennai Corporation (GCC) said reassessments, first undertaken in 2018 and substantially revised in 2022 before collection was paused, are now being implemented. Assessments use GIS, satellite imagery, government databases and owners’ self-declared areas; owners can request remeasurement and reconsideration through RDCs. The GCC issued notices to three lakh assessees and expects ₹83 crore in additional annual revenue from under-assessed properties.

Residents reported increases from ₹295 to ₹3,255; ₹895 to ₹1,835; ₹6,500 per half-year to over ₹31,000; and ₹900 to ₹3,300. Residents and councillors questioned the lack of explanations, prior consultation, manual verification and an objections portal, and cited inconsistent notices within apartment complexes. The reassessment initially targeted commercial buildings, then about 6,000 homes; the taxation committee said it had not been informed residential properties were included. It will seek a portal and greater transparency at its August 23 or 24 meeting. The GCC faces a ₹2,000 crore liability and a fund crunch.

Heavy Rain Floods North Chennai Neighbourhoods, More Rain Expected

The New Indian Express · · Infrastructure

Nearly 15 cm of rain in Ennore and renewed showers flooded homes and streets across North Chennai, including Mullai Nagar in Vyasarpadi.

Key facts

Ennore recorded nearly 15 cm of rain in nine hours ending 5.30 pm on Wednesday, December 3, as flooding continued in North Chennai after rain since Monday. Water entered around 60 houses in Ennore’s Ward 1, including VOC Nagar, Sathyavani Muthu Nagar, Ulaganathapuram and Kamaraj Nagar. The GCC relief centre at Kathivakkam Government High School was initially locked and opened later. Residents reported overflowing sewage drains, power cuts and water at least 1.5 feet deep in some homes.

Flooding affected streets in Perambur and knee-deep water in Kumaran Nagar, Red Hills, where rescue personnel used boats. Mullai Nagar, Vyasarpadi, had been nearly cleared using at least three heavy-duty pumps in each area, but 2–3 feet of water accumulated again after afternoon rain. Pumps continued operating at 7 pm. Pumps were also deployed at Pattalam. All 22 subways remained open after Ganesapuram subway was cleared. Waterlogging in T Nagar and Nungambakkam began receding by evening. GCC said 6.25 lakh food packets had been distributed since Monday and 103 medical camps held Wednesday.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

₹ 3.25 Cr

Residential Plot for sale in Velachery

₹ 3.25 Cr

  • 2,400 SqFeet
  • ₹13,542/SqFeet
  • Immediate

Residential Land for sale in Velachery, Chennai

: Residential land with old building available in kalki nagar velachery near san academy school 40*60=2400 sqft,west facing,30 feet road clear title my service charges of 1% of sale value applies anand advocate clear property.Rs 32500000/
Posted: by Anand ANAND
Property ID: P239627229
3BHK for sale in DRA Tuxedo Elite, Velachery, Chennai
₹ 1 Cr

3BHK Flat for sale in Velachery

₹ 1 Cr

  • DRA Tuxedo Elite
  • Within 1 Year
  • 1,217 SqFeet
  • ₹8,217/SqFeet

Apartment / Flat

: DRA Tuxedo Elite by DRA Group at Velachery in Chennai offers residential project that host 3 bhk apartment in various sizes.
3BHK for sale in DRA Tuxedo Elite, Velachery, Chennai
₹ 1.49 Cr

3BHK Flat for sale in Velachery

₹ 1.49 Cr

  • DRA Tuxedo Elite
  • Within 3 Months
  • 1,781 SqFeet
  • ₹8,366/SqFeet

Apartment / Flat

: DRA Tuxedo Elite by DRA Group at Velachery in Chennai offers residential project that host 3 bhk apartment in various sizes.
2 Bedroom House for sale in Sai Skanda, Velachery, Chennai
₹ 47 L

Independent House for sale in Velachery

₹ 47 L

  • Sai Skanda
  • Within 3 Months
  • 1,000 SqFeet
  • ₹4,700/SqFeet

Independent House

: It consists of totally 24 units (10 apartments and 14 duplex houses).Apartment sizes ranges from 1250 sq.ft. to 1440 sq.ft.Duplex houses sizes ranges from 1840 sq.ft. to 2250 sq.ft.

Rental Properties

Price Trends

Locality ID
A211276311
PinCode
600042