Pallavaram, located in south Chennai is fast becoming a sought-after destination for new homebuyers. Employment opportunities, educational institutions, and proximity to public infrastructure make Pallavaram apartments an attractive investment. Prime location and safety have brought it to the top of the real estate market here.
Let us elaborate more on what makes Pallavaram, a perfect housing destination in Chennai
Pallavaram can be safely classified as being in the city while being removed from the bustle of its main commercial areas. It is a micro market, that is well connected to the inner city, OMR, and the Trichy-Chennai highway.
Since it is located at an intersection, the real estate market in this area is always booming. It has road connectivity and also has a train station. The Blue Line of the Chennai Metro rail project will have a station at Pallavaram. It connects it to all parts of the city. Moreover, it facilitates easy outstation travel. The airport at Meenambakkam is just 2.5 km away. The easy availability of safe and cheap transport modes keeps you mobile.
It is situated at just the right location that any outstation travel leaves you free from navigating
It has several highly recommended private hospitals. There is also the National Institute of Siddha and Hospital, located at just a 15-minute drive. Several prestigious schools and colleges are located in the vicinity. Your children’s education will not be disrupted by the move but will be enhanced by moving to Pallavaram.
Its proximity to the IT and Industrial corridors in OMR and Oragadam attracts investors who work in these zones. It is easier to search for new jobs. The commute time is reduced drastically, improving your work-life balance.
Positive Rental Growth
Pallavaram is a place of employment opportunities. There are several companies that operate right in that locality. Apart from that several IT parks like Olympia Tech Parks, Chennai Trade Centre, MPL Silicon Towers, and the SIDCO Industrial estate are also within easy reach. It also connects to the OMR IT corridor and the Oragadam Industrial corridor.
If you are shifting jobs or moving to Chennai for work, it is likely that Pallavaram is your best choice for an easy commute to work. This influx of people has boosted the rental rates in this area by at least 10 – 12 %. The Pallavaram – Thoraipakkam Radial road will also get a new IT park by the Ascendas – Singbridge group. The project will invite more people who will turn to accommodations like Pallavaram apartments. This accelerates the value of properties and in turn their rental value.
The public infrastructure development in Pallavaram is quite high, as it is a key junction on entry into the city. The area has an uninterrupted water supply from Porur lake, which is a major reservoir for the entire city. It has access to schools, colleges, hospitals, malls, theatres, and restaurants. All your needs are met within a short walk or drive from home.
The bus stand and railway station are well maintained. All areas are well-lit to promote safe access to women and children. Pallavaram apartments attract high rental value and property value appreciation due to their proximity to such infrastructure.
A safe residential area
Safety is one of the key aspects when investing in a home. Especially when there are women and children in the family, always ensure that you give them a secure environment to live in. It is absolutely non-negotiable. Pallavaram is one of the safest residential areas, with regular police patrols, and CCTV coverage on public roads.
The crime rates are low and being on the GST road, the place is always busy. There are so many local businesses and stores open for the better part of the day. It makes it safe for women and children to move about during the day.
Pallavaram is one of the most affordable, yet premium locations in Chennai. You can get the same floor space for half the price of the apartments in OMR or in the inner city commercial areas. This lets you enjoy all the comfort and amenities of luxury apartments without having to stretch your pocket. Pallavaram apartments are priced competitively to attract a diverse group of multicultural residents. This creates an engaging community where your family can thrive in.
Speaking of houses for sale in Pallavaram, Raunaq Foundations Garden Wood is a premium residential community in Pallavaram. The 55Units 2 & 3 BHK homes ranging from 860 to 1341 sqft. Besides the distinct advantage, they have from being located in Pallavaram, the project features 35+ luxury amenities, that make living there worth every rupee you spent on your home.
The completely Vaastu-compliant flats are equipped with 24 x 7 Water, Power, and Security. There is dedicated parking for residents and visitors. There are facilities like Gym and multipurpose courts for adults to enjoy a physically and socially active life. A beautifully appointed lounge gives elders a relaxing space to interact with their peers. Kids have lots of fun activities like Rock climbing, play area, basketball, foosball table, etc. to keep them occupied and active in their free time.
The Garden Wood flats in Pallavaram present an affordable premium investment for first-time home buyers and recurring investors. We would love to have you for a site visit. Book your slot now!