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Pallikaranai is one of the neighborhoods in the southern part of the city of Chennai, one of the metropolitan cities of Tamil Nadu. It is a quickly growing residential area and is located near the IT industry in Old Mahabalipuram Road. The neighborhood of Pallikaranai has attracted a great number of people in the past two decades since the districts of the central business of Chennai as well as the Automobile hub located on GST road are in proximity. A large part of the Pallikaranai ‘s marshland area has been declared as reserved forest area, which is approximately 3.17 square kilometers or 780 acres, by the Indian Government. There are many temples in Pallikaranai which are extremely famous and are subjected to be visited by various visitors from all the parts of the city of Chennai. Most famous and the most oldest of them are Arulmigu Annai Adhiparasakthi Temple or the Mandira Paavai Temple, the Senghazliniamman temple, the Sri NagathammanKovil, the Lakshmi Narayana Perumal temple, the Muthumariamman Koil temple, veerathaman Koil temple and Sivan Koil temple. One of the main hospitals in the neighborhood of Pallikaranai is DR. Kamakshi Memorial Hospital. One of the hospitals called V Cure, and Avs hospital is located opposite outside the police station respectively. There are nineteen schools in this vicinity, like AKG Public school, Baynes Memorial Baptist Church Matriculation Higher Secondary School etc.it also has colleges are research centers like Jerusalem Engineering College, Sree Balaji Dental College, Asan memorial college of arts and science and NIOT. The neighborhood of Pallikaranai has come to be the eleventh largest place for investment in the real estate, under the residential area category, according to a report carried out by Knight Frank, who is a global consultant for the property. The prices of housing have increased by ninety-three percent in the neighborhood of Pallikaranai during the past 5-6 years.
Property Type | Average Price |
---|---|
Independent House : | ₹19,769 Sqft |
Villa : | ₹20,729 Sqft |
Plots/Land : | ₹23,250 Sqft |
29% properties for Sale in Pallikaranai lie in range of ₹50 Lac – ₹2+ Cr.
9.15%-13.5% Interest Rate
8.6%-12.0% Interest Rate
8.5%-9.0% Interest Rate
9.5%-10.15% Interest Rate