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Commercial Properties Under 4 Crore for sale in National Highway 32 Pallavaram, Chennai
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About Properties In National Highway 32, Pallavaram, Chennai for Sale
Overview of Pallavaram
- Pallavaram is a well-known lively residential suburb in southwest .
- The area is divided into four regions. They are Zamin Pallavaram, Old Pallavaram, Essa Pallavaram, and Cantonment Pallavaram.
- Other localities near Pallavaram are Bharathi Nagar, Ayyappa Nagar, and Rajaji Nagar.
- The area’s housing inventory involves ready-to-move apartments, plots, and villas.
- Popular developers like Casagrand, TVS Emerald, and Radiance Realty serve the locality.
- Known for its diverse housing options and strong connectivity through the locale.
- The pincode of Pallavaram is 600043.
Pallavaram Residential Market Insights
- The average property prices in Pallavaram ranges from ₹6,400 to ₹9,600 per sq. ft.
- The average price of a 2 BHK apartment in Pallavaram ranges from ₹57.98 lakh to ₹1.09 crore.
- The average price of a 3 BHK apartment in Pallavaram ranges from ₹90 lakh to ₹1.55 crore.
- The average rental price in Pallavaram ranges from ₹11,200 to ₹46,700.
- The neighbourhood appeals to both investors seeking rental income and end consumers.
- The increase is being driven by affordability, connectivity, and closeness to key employment centres.
- The Property prices have risen significantly in recent years for both affordable and premium houses.
- The locale offers a mix of ready-to-move and under construction projects.
Connectivity and Transport In Pallavaram
- Pallavaram is along the GST (Grand Southern Trunk) Road. This area offers good connectivity to the main city and the international airport.
- Highway 48, often known as the -Trichy Highway, passes through the area.
- The Pallavaram-Thoraipakkam Radial Road is a 6-lane road that links GST Road to OMR (Old Mahabalipuram Road), the main route for IT professionals in the Sholinganallur and Thoraipakkam belts.
- The Pallavaram Flyover along the GST Road allows easy commutes to several parts of the locale.
- The Pallavaram Railway Station is a vital connectivity link. It is a 6-minute walking distance.
- The Chrompet Railway Station and Tirusulam Railway Station are a 5-minute drive away.
- The International Airport Metro Station on the Blue Line is the closest metro station at 2.8 km.
- The Residents rely on trains or local buses to reach the metro station, which provides access to wider metro networks.
- The International Airport is only a 5-minute drive via the GST Road.
Social Infrastructure In Pallavaram
- Pallavaram is a developed residential-cum-commercial hub in .
- The area houses top schools and hospitals, as well as premium shopping centres and recreational spaces.
- The top schools around the area include Orchids International School, Vels Vidyashram CBSE School, GGN International School, and Greenvalley Kriyalaya International School.
- The Vels University, University of Madras (Guindy Campus), Alagappa University, Tagore College of Arts and Science, and Guru Nanak College are some prestigious colleges and universities nearby.
- The healthcare facilities like Cantonment Board General Hospital, BP Jain Hospital, PCMC Hospital, and Government Private Health Centre Hospital are in proximity.
- Thoraipakkam IT hub, Olympia Technology Park, and International Tech Park are within 10-15 km of Pallavaram.
- Pallavaram mountain is an attractive tourist spot within the vicinity.
- Premium malls and fine dining restaurants surround the locality. Aerohub and Grand Galada Mall are the premium options for shopping and cinemas.
- Pallavaram Periya Eri Eco-Park along the Radial Road offers walking and jogging tracks.
Employment Opportunities In Pallavaram
- Pallavaram is a strategic employment hub in South .
- Well-known business parks and IT hubs like Embassy Splendid TechZone One IT SEZ, and Raheja Commerzone are easily accessible through Pallavaram.
- The Pallavaram-Thoraipakkam Radial Road gives easy access to OMR’s IT corridor.
- The Guindy Industrial Estate and the Chromepet Leather Hub, reachable via the GST Road (NH45).
Lifestyle In Pallavaram
- Pallavaram offers a mix of old-world suburban and modern living.
- It’s a busy neighbourhood with a middle-class stronghold appealing to young professionals and families.
- The addition of Aerohub near the airport and the established Grand Galada Mall has changed the weekend scene.
- The Residents here enjoy an active nightlife. Hifi Bar, Xtasy Restobar, and the high-end options at Hablis Hotel are popular for post-work wind-downs.
- The Sri Sai Poorani Mami Mess and Aazhi Seafood Mess offer authentic and affordable Tamil meals that are staples for bachelors and families.
Safety and Security In Pallavaram
- The area is surrounded with well-established gated communities with high-level security and CCTV surveillance.
- The T3 Pallavaram Police Station and S-13 Chrompet Police Station are within a 10-minute distance.
- There is frequent patrolling at night to prevent any criminal activity in the area.
- The internal lanes also consist of CCTV cameras for extra security.
Development and Future Prospects In Pallavaram
- The metro expansion on the blue line will provide Pallavaram with a station for day-to-day travel.
- The blue line will extend from the International Airport (MAA) to Kilambakkam.
- The construction of the Madhavaram-to-Sholinganallur line is in full swing. This will give residents direct access to the OMR belt and North .
- Expansion of the Pallavaram-Kundrathur highway is underway. This aims to connect West Pallavaram to the industrial outskirts of the city.
Culture and Community in Pallavaram
- Pallavaram is defined by its deep historical roots and a thriving traditional market culture.
- The increasing cosmopolitan bases are driven by IT professionals and airport sectors.
- A 200-year-old Friday market is the most iconic cultural market of Pallavaram.
- Every Friday the residents gather in this market where they buy everything from livestock to vintage antiques, plants, and daily necessities.
- The Vaikunda Vasa Perumal Temple and the Arulmigu Tirusulanathar Temple are historic sites in the area.
- Festivals such as Maha Shivratri and Pongal are widely celebrated around the area.
- The local and international schools in the area host big traditional festivals for families.
- The gated communities have introduced a clubhouse culture along with weekend marathons, virtual cyclothons, and cosmopolitan dining.
Environmental Factors in Pallavaram
- Pallavaram shares its borders with Tirusulam and Pallavaram Hills.
- These hillocks help lower the local temperature, reducing the humidity.
- The Tirusulam hill forest acts as a natural carbon sink, becoming a popular spot for fitness enthusiasts and birdwatchers.
- Pallavaram Periya Eri Eco-Park, along the 200-foot Radial Road, is a community gathering point.
- There are several green parks surrounding the area. Cantonment Park, RKV Avenue Park, and Subam Nagar Park are some of them.
- The geographical location of Pallavaram traditionally offers several lakes.
- Premium gated communities allocate about 60–80% of total land parcels to open green spaces.
- These societies also include an in-house drainage system and rainwater harvesting.
Flat Configuration in Pallavaram
- The area offers 2 BHK, 3 BHK, and 4 BHK luxurious apartments.
- 2 BHK is the popular configuration in Pallavaram.
- Builders like Casagrand and TVS Emerald have a strong presence here.
- Modern infrastructure and excellent connectivity contribute to the growing residential demand for the locale.
Property Price Growth in Pallavaram
- The area has seen a healthy YOY property price change, which is around 9.2%.
- Pallavaram has experienced a property appreciation of 57% in the last five years.
- Other than apartments, plots, villas, and independent floors are in demand too.
- Pallavaram is expected to witness a steady growth in the real estate sector in coming years.
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