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About Properties In Balaji Dental College Road, Pallikaranai, Chennai for Sale
Overview of Pallikaranai
- Pallikaranai is a prime residential locality in Chennai.
- It offers a wide range of housing properties at mid-segment to premium budget.
- The locality is in good proximity to major IT Parks and Industrial Areas.
- Easy access to employment hubs and excellent connectivity make Pallikaranai an attractive location for investors.
- The National Institute of Ocean Technology (NIOT) is located in Pallikaranai.
- Pallikaranai is famous for its Pallikaranai Marsh Reserve Forest, one of India's few natural coastal aquatic habitats. It is a biodiversity-rich coastal wetland vital to the ecosystem of this region.
- The ongoing urban expansion and new infrastructure enhance the locality’s appeal.
- The PIN Code of Pallikaranai is 600100.
Pallikaranai Residential Market Insights
- The average property price in Pallikaranai is ₹ 7,500 per sq. ft.
- Real Estate Market in Pallikaranai is mainly driven by easy access to good connectivity, work hubs, and lush greenery.
- The average price of 1 BHK in Pallikaranai can range from ₹ 37 lakh to ₹ 57 lakh.
- The average price of 2 BHK in Pallikaranai can range from ₹ 55 lakh to ₹ 90 lakh.
- The average price of 3 BHK in Pallikaranai can range from ₹ 86 lakh to ₹ 1.40 crore.
- However, the prices may vary depending on factors like the builder’s reputation, location, and amenities in the property.
- Pallikaranai is one of the best rental locations in Chennai due to its proximity to IT Hotspots.
- The average monthly rental price of a flat in Pallikaranai is ₹ 21,000 - ₹ 38,000.
Connectivity and Transportation In Pallikaranai
- Nearest railway station to Pallikarani is Velachery Railway Station on the Chennai MRTS Line. It is located around 5 km away from this locality.
- The upcoming metro connectivity in Pallikaranai will boost connectivity significantly.
- The main roadways in Pallikaranai are 200 Feet Radial Road, OMR, Velachery Main Road, Pallavaram-Thoraipakkam Main Road, Inner Ring Road, and the Outer Ring Road.
- Public transportation mediums like Autos, Buses, and Cabs are also easily available. They are a convenient travel option within the locality.
- Chennai International Airport is only 12 km away from Pallikaranai locality.
Social Infrastructure In Pallikaranai
- Reputed hospitals in Pallikaranai are Nanthini Hospital, Gleneagles Global Health City, Inbam Hospital, Dr. Velmurugan Hospital, etc.
- Popular educational institutes in Pallikaranai are Vidyashree Balamandir, San Academy CBSE School, KCG College of Technology, etc.
- Shopping Centers and Malls near Pallikaranai are Phoenix Marketcity Mall, Grand Square Mall, and Shanmuga Shopping Center. These fulfill the diverse shopping needs of the residents.
- Markets near Pallikaranai such as Divya Super Market, Latha Super Bazaar, DMart, etc., allow easy access to daily necessities.
- Luxury Hotels near Pallikaranai are IRIS Comfort Inn, Holiday Inn Express, Zone by The Park Hotel, etc. These are known to offer outstanding stays in Chennai.
Employment Opportunities In Pallikaranai
- Popular IT Corridor, the Rajiv Gandhi Salai is within good proximity to Pallikaranai.
- Major IT Hubs at Tharamani and Shollinganallur are just 8-9 km away.
- Several big IT firms situated alongside the Old Mahabalipuram Road (OMR) corridor are within easy reach of the locals.
- Key employment hubs across localities like Guindy, Taramani, Tambaram, and Sholinganallur are nearby.
- Several business parks and office campuses near Pallikaranai are SP Infocity, Taramani Tech Park, International Tech Park, Olympia Technology Park, Ramanujan IT City and Elocot SEZ, and RMZ Millenia.
Lifestyle In Pallikaranai
- Pallikaranai offers a comfortable and posh lifestyle.
- It offers quick access to important facilities, lush greenery, transportation modes, etc. This makes Pallikaranai a good place to live.
- Pallikaranai Marsh Land Birding Area is one of the major tourist attractions and a popular bird-watching place near Pallikaranai.
- Recreational facilities near Pallikaranai are Neelangarai Beach, Akkarai Beach, VGP Universal Kingdom, Perungudi Lake, Palavakkam Beach, and many more. They offer locals a quality and fun leisure experience.
- There are many gardens and parks near Pallikaranai. This allows residents to unwind and enjoy a relaxing walk.
- Sports facilities near Pallikaranai are Perungudi Sports Club, Neon Sports Club, Jay Day Badminton Club, and Jaya Sports Club. These offer residents fitness opportunities here.
Safety and Security In Pallikaranai
- Pallikaranai is a safe locality with developing infrastructure in Chennai.
- There are many police stations within easy reach of the locals available 24x7.
- Police rounds are done regularly to ensure safety is maintained in the area.
Development and Future Prospects In Pallikaranai
- The upcoming Red Metro Line will benefit Pallikaranai via a stop at Perumbakkam. It is around 6 km away from Pallikaranai and will significantly boost connectivity.
- New construction of the Perungudi-Velachery MRTS Station Road is expected to offer better transport and benefit the daily commuters.
- The Red Line Metro will be operating from Madhavaram and Sholinganallur.
Cultural and Community In Pallikaranai
- Pallikaranai offers a diverse and vibrant community.
- The local majority comprises people belonging to different cultural backgrounds, promoting diversity.
- Several religious places in Pallikaranai are Adipuriswarar Sivan Temple, Sai Baba Temple, Sidhi Vinayagar Temple, Veerathamman Temple, and a church.
Environmental Factors In Pallikaranai
- Pallikaranai offers a clean and serene environment with an abundance of greenery.
- Gardens and parks near Pallikaranai are Pallikaranai Marshland Park, Chennai Corporation Sakthi Garden Park, KS Garden, etc. They contribute to the greenbelt of the locality.
- Pallikaranai Marshland Park is a popular birdwatching spot and an important natural coastal aquatic habitat in India.
Flat Configuration In Pallikaranai
- Pallikaranai offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Pallikaranai.
- Apart from flats, other properties like Independent Houses, Villas, Independent Floors, and Land Parcels are available here.
- Most of the homebuyers in Pallikaranai prefer homes costing over ₹ 50 lakh.
Property Price Growth In Pallikaranai
- Properties in Pallikaranai experienced YOY price growth of 12% approx.
- In the last 3 years, the property values in Pallikaranai have increased by 27%.
- The real estate market in Pallikaranai is expected to witness a boom as a result of the upcoming new infrastructure and residential properties.
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