It is located very near to OMR road which is having most of IT companies in Chennai. So the cost of living in velachery is little bit high. It has lot of transport facilities in all times, even in night time also buses are running from CMBT(M70, D70).
Two major IT companies located here. One is TCS located in Taramani road from velachery and other is Sutherland located in Tambaram west road.