Upcoming Infrastructure Projects Around Velachery

The main upcoming infrastructure projects around Velachery are the 3 km Guindy–Velachery flyover, Chennai Metro Phase 2 Corridor 5, the 3.2 km Velachery–Taramani pedestrian plaza, the pending Adambakkam MRTS stop and new flood-control works near Perungudi Link Road. The flyover tender alone is valued at ₹231.86 crore, while the pedestrian corridor will cost ₹14.44 crore. Metro Corridor 5 will bring new stations around Adambakkam, Vanuvampet and Puzhuthivakkam. These projects aim to reduce traffic, improve rail access and offer safer links to Taramani and OMR.
The upgrades are also important for Prestige Parkstreet, the upcoming 3.48-acre premium project in Velachery. Its site has around 7.5 lakh sq. ft. of planned development and a projected value above ₹1,600 crore. Better road, Metro and MRTS access can improve daily travel from the project to Guindy, Taramani, Perungudi, Adyar and other parts of Chennai. However, some projects are still under construction or in the tender stage. Buyers should check the latest progress before using them to judge property value.