Pallikaranai, in South Chennai, is home to one of the country’s largest wetland ecosystems. It is a rapidly expanding residential region near the established and industrialized areas of Madipakkam, Velachery, Perungudi, and Thoraipakkam. Velachery Main Road, 200 Feet Radial Road, OMR, and Velachery Railway Station provide excellent road and rail connectivity. Because of this incredible connection, the area is in close proximity to significant economic and employment hubs around the region.
Aside from the excellent regional connectivity, there are many alluring features that make Pallikaranai one of the most preferable residential hubs through Chennai for both investors and end-users. Not just us many real estate consulting firms like Knight Frank, claim Pallikaranai to be one of the largest real estate investment destinations for residential real estate in India.
Employment-generating avenues and better economic opportunities could be some of the major reasons that investors consider before making a real estate investment. There are some more significant reasons that you must consider before checking out residential houses for sale in Pallikaranai.
Let’s get to them right away.
1. Better Connectivity
This is the first and foremost requirement that you would consider before making a real estate investment. As mentioned above, Pallikaranai is blessed with an extensive connectivity network via Pallavaram-Thoraipakkam Main Road, Inner Ring Road, and Velachery Main Road. Soon, another Outer Ring Road connecting Medavakkam to Karapakkam is proposed in this area. Furthermore, a monorail from Velachery to Vedalur is expected to be completed in the upcoming years. The connectivity is further boosted by Chennai’s own excellent connectivity with major parts of Tamilnadu, the rest of India, and even international cities via air and water routes. This robust connectivity supports economic growth and ensures smooth operations of various businesses and commercial activities. Moreover, less road traffic & congestion across the city enables the smooth transportation of goods and services which further help in sustaining several small & medium scale businesses.
2. Better Employment & Educational Opportunities
The second-most important requirement for you before making a real estate investment is the presence of better educational & employment opportunities. This becomes even more important when you have a family to look after or want a fresh start.
Pallikaranai’s smooth & hassle-free connectivity makes you closer to employment avenues like Bahwan Cyber IT Park, MPL Towers, Shapoorji Pallonji Infocity, and Prince Info City. They’re all present within a range of 6-7 Km from Pallikaranai. Furthermore, TIDEL Park, home to many IT companies & BPOs, is also reachable via Velachery Main Road.
There are various well-equipped medical, engineering, arts, and commerce colleges and research institutes that are evenly spread across the city. There are some of the best flats & apartments in Pallikaranai that’ll make the perfect home in an ultimate location.
3. Adequate Healthcare Facilities
The presence of appropriate healthcare facilities is another significant factor that you consider before making a real estate investment. As you must know that Chennai is home to some of the best & well-equipped hospitals in the world. Some of them include Apollo Hospital, Billroth Hospital, C.S.I Kalyani Hospital, Dr. Mehtas Hospital, Fortis Malar Hospital, etc. They are also comprised of the most affordable and cutting-edge healthcare facilities in the world. Since Pallikaranai is very well connected with all the major areas of Chennai, you can get to these hospitals much faster and without any hassle.
Buying houses for sale in Pallikaranai within the vicinity of good hospitals is a must when you have elders and kids in your family.
4. Affordable Housing
Another significant factor that you need to consider before making a real estate investment is the presence of affordable housing around your house in Pallikaranai. At present, the average property/capital values range between Rs 4,500 per sq ft to Rs 5,000 per sq ft. Regardless of beefed-up demand, the prices have remained stable when compared to property values in Velachery and Perungudi. This is a good sign which indicates that the place is still investible but soon going to get high demand in terms of real estate investments. Thus, it’s a good idea to park your investment or drive up another income source with a strong rental income.
And what makes it your best real estate investment is the higher resale value of various apartments & flats for sale in Chennai .
5. Better Environment
Lastly, the presence of a peaceful, safe, clean, and green environment is another vital factor that you need to consider before making a real estate investment in Pallikaranai. All the other factors would
be meaningless if the area is rife with goons, thievery, burglary, and many other vices. All of these things can be detrimental to your mindset, kids’ brain, and elders’ too. Hopefully, better governmental policies and their execution have helped the place remain clean, green, and safe to live in. With stable law & order situation, the flats & apartments in Pallikaranai are great investment options for you.
The amalgamation of various cultures from different parts of the country makes Chennai a vibrant and inclusive city that celebrates every festival with immense gusto and joy. So, every day will be a festival & celebration for you & your loved ones, if you are investing in residential houses for sale in Pallikaranai.
We hope that these reasons will help you make a better decision in making a great real estate investment. We can’t stress it enough that Pallikaranai is the best place for a real estate investment. So, if you want to start a family and want to give them the best facilities and surroundings, then you should definitely think about investing in flats & apartments in Pallikaranai. A property on which you can build your dream house and give you and your loved ones the best standard of living. Please feel free to let us know in the comment section below, in case we missed something.
Visit Casagrand For Making a Perfect Real Estate Investment in Pallikaranai
Casagrand provides vital information for anyone looking to invest in or purchase a property in Pallikaranai. If you are on the lookout for 2, 3, & 4 BHK flats in Pallikaranai or new projects in Pallikaranai, look no further. Our ongoing projects include Casagrand Tranquil and Casagrand Flagship. They’re strategically situated in the prime location in Pallikaranai. Flats, villas, & apartments in Pallikaranai are fitted with top-notch amenities such as Clubhouse with indoor and outdoor amenities Swimming Pool, a 3D Home theatre, Squash and Badminton Court, Gym-Cross fit area & many more.
If you’re still unsure which type of flats & villas in Chennai could be the best investment for you? You are welcome to schedule a call with our experienced dealers and brokers
