Are there resale properties available in Velachery, Chennai? Please suggest some good 2 BHK options. My budget is 40 lakhs.

Located in south Chennai, Velachery is an established residential locality. It is surrounded by prominent areas such as Guindy, Perungudi, Taramani, Madipakkam and Nanganallur. You can find both independent residential houses and low-rise apartment projects. Some of the famous residential projects in the localities are CeeDeeYes Regal Palm Gardens, Paramount Pearls and Phoenix Mills The Crest, among others. The transportation facilities are excellent and its proximity to significant IT hubs main factors for high residential demand here. Velachery is well-connected with other parts of the city through Old Mahabalipuram Road (OMR). One can easily reach the Central Business District and IT Corridor within no time. The major roads and transportation available are Velachery Main Road, Grand Southern Trunk (GST) Road, OMR and Velachery Railway Station. Along with this, the area has excellent social infrastructure. There are numerous renowned schools, colleges, healthcare facilities, restaurants and malls. Some prestigious institutions like Indian Institute of Technology (IIT) and National Institute of Fashion Technology (NIFT) are at an commutable distance Currently, the average property price Velachery is around Rs 6194/sq ft and the average 2 BHK size at Velachery is 790sq ft.