Rental Property Price in Velachery, Chennai
Velachery is one of the top localities of Chennai and an important real estate market in India. As per the recent analysis by www.makaan.com Property Price Trends, per square feet (psf) price for renting a property in Velachery is Rs. 14.69/-
On further analysis, the following trends can be observed for Renting:
12 Months price trends: The property prices have dropped by 0.33% in Velachery. The psf rate has changed from Rs.15.04/- to Rs.14.69/- during this period.
Rental Property price trend for 12 months in Velachery
6 Months price trends: Velachery property prices have dropped by 9.67%. The psf rates have changed from Rs.16.43/- to Rs.14.69/- during this period.
3 Months price trends: The property prices have appreciated by 2.11%. The psf rate has changed from Rs.14.50/- to Rs.14.69/- during this period.
Property price trends in Velachery vs. Adyar: Over the past 12 months, property prices in Velachery have dropped by 0.33% vs. 3.67% in Adyar.
The latest Price Trend for Velachery vs. Adyar
Top 5 localities in Chennai apart from Velachery on the basis of maximum rental real estate action are Adyar, Thiruvanmiyur, Adambakkam, Thoriapakkam and T Nagar.