Velachery is a commercial and residential area in south Chennai, and is the largest commercial centre in south Chennai. It is surrounded by Guindy in the north, IIT Madras in the north-east, Taramani in the east, Perungudi in the south-east, Pallikaranai Wetland in the south, also Madipakkam in the south and south-west, Adambakkam in the west and north-west. The growth of the neighbourhood during the last decade can be cited due to the growth of the IT sector in south Chennai. It acts as an important hub connecting the rapidly growing business-class information technology corridor popularly called the OMR; the more mature and very well-connected GST road and the central business districts of the city, which has more relevance to the history of Chennai. Velachery as a whole draws a perfect balance between old and new Chennai and is a phenomenon in terms of growth and development.