An ultra-luxury statement on Velachery Main Road, beside Phoenix Marketcity Chennai. 3, 4, and 5 BHK residences from 2,033 to 6,337 sq ft. From ₹4.50 Cr to ₹16.96 Cr. TNRERA: TNRERA/29/BLG/0052/2026. Low-density: only 13 floors — an architectural choice that prioritises space, privacy, and natural light over unit count. Chennai's most exclusive Brigade residential offering.
Brigade Stellaris is Brigade's ultra-luxury Chennai offering — a low-density development of only 13 floors on Velachery Main Road, beside Phoenix Marketcity (Chennai's premier luxury mall). 3 BHK (2,033 sqft), 4 BHK, and 5 BHK (6,337 sqft) residences from ₹4.50 Cr to ₹16.96 Cr. TNRERA: TNRERA/29/BLG/0052/2026.
The 13-floor low-density design is a deliberate architectural choice — where maximising unit count (typical of Bangalore and Mumbai high-rises) is replaced by maximising space per home, ceiling heights, private outdoor areas, and floor-to-ceiling window proportions. Each residence occupies a significantly larger portion of a floor plate than comparable high-rise luxury projects.
Brigade Stellaris targets Chennai's HNI and UHNI buyer segment — senior corporate executives from global companies, Gulf NRI returnees from executive roles, and established Chennai business families seeking the quality level that the Chennai luxury market has historically lacked.
Brigade Stellaris — Velachery, Chennai — Payment Structure
In 2035 when Brigade Stellaris is fully occupied and the Chennai luxury secondary market is active, Stellaris's 13-floor low-density format creates genuine scarcity. Future buyers who want Velachery, Phoenix-adjacent, Brigade-quality, ultra-large format apartments will find very few available. Scarcity is the strongest available long-term resale price support.
Velachery combines OMR IT access (20 min), Chennai CBD access (25 min), Airport access (20 min), and multiple Metro lines. Velachery is Chennai's most balanced premium location — not exclusively IT corridor, not exclusively heritage, but accessible to all of Chennai's demand generators.
Brigade Enterprises has been operating in South India since 1986. NRI buyers investing in Stellaris are trusting a developer with 4 decades of regional delivery history, active projects in Bangalore, Chennai, Hyderabad, and Kochi, and a BSE/NSE listing with SEBI monitoring. The combination of TNRERA registration and Brigade's listed status provides the maximum available investment protection in Chennai luxury.
| Distance | Landmark | Note |
|---|---|---|
| Adjacent | Phoenix Marketcity Chennai | Luxury mall |
| 10 min | Velachery Railway Station | |
| 15 min | Alandur Metro · Green Line | |
| 20 min | Chennai Airport (MAA) | |
| 25 min | Anna Salai · Chennai CBD | |
| 15 min | OMR Road · IT Corridor | TCS Wipro Infosys |
| 10 min | VR Chennai Mall · Porur | |
| 20 min | Tidel Park OMR |
Velachery Main Road is Chennai's premium central-south residential corridor — the point where the city's three major demand generators (IT/OMR, Airport, CBD) converge in approximately equal driving times. Phoenix Marketcity's presence on Velachery Main Road transformed the street into Chennai's most desirable luxury address — Brigade Stellaris is the residential offering that completes this luxury ecosystem.
Under FEMA, NRIs can purchase property in India with no restrictions. Funds must route through NRE, NRO, or FCNR banking channels. No RBI approval needed for residential or commercial property.
Payments from NRE accounts carry no LRS limit (only NRO is capped at USD 250K/year). Use NRE transfers for Indian property — unlimited remittance.
Registered Power of Attorney allows complete purchase without visiting India. IA Wealth coordinates POA documentation, RERA verification, and registration on behalf of NRI buyers.
India-UAE Double Tax Avoidance Agreement prevents double taxation on rental income. Declare in India; not re-taxed in UAE.
After selling, NRIs can repatriate up to USD 1M per financial year from sale proceeds after paying applicable capital gains tax in India.
NRIs are eligible for home loans from Indian banks (SBI, HDFC, ICICI) on NRE/NRO accounts. Typical LTV 75-80%. EMI auto-debit from NRE/NRO account.
Ultra-luxury · 3-5 BHK · ₹4.50-16.96 Cr · 13 floors · Phoenix-adjacent · TNRERA registered.
Disclaimer: All pricing is indicative as at August 2026 and subject to change. RERA details verifiable at respective state portals. IA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693 · www.iawealth.ae
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