5 Top Reasons for Preference of Pallavaram Region in Real Estate
Have you considered investing your finances in real estate properties lately? In case you are searching for valuable properties around Chennai, make sure to check out the flats for sale in Pallavaram. The regions offer excellent infrastructures as well as seamless connectivity to neighbouring areas for the inhabitants here. Here are some of the points to consider to understand the increasing population growth in Pallavaram.
About Pallavaram
Pallava Puram or Pallavaram is a renowned residential area in the district named Chengalpattu in Tamil Nadu. According to the stories, the city got its name due to the settlement of Pallava in this region. It happens to occupy the southern part of Chennai, and it was a portion of Alandur till the month if August 2015. The region is well known for its cantonment area and the developing residential colonies.
Presence of excellent infrastructures around the flats for sale in Pallavaram
The continuous rise of prominent healthcare institutes and educational centres have increased the demand for flats for sale in Pallavaram. One must consider the availability of high-end educational facilities along with medical amenities. Some of the leading hospitals around here are:
- Sugam Children Hospital
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- Jeyaram Medicals
- BM Hospital
- PCMC HOSPITAL (The MultiSpeciality Hospital)
- Murthys Clinic, etc.
Few prominent educational centres around Pallavaram are:
- Loyola Matriculation Higher Secondary School
- Lalaji Memorial Omega International School
- Vels Vidyashram
- Sri Sathya Sai Matriculation School
- Narayana E-Techno School
- ChellammalVidyalaya Senior Secondary School, etc.
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Higher job prospects in and around Pallavaram
The presence of renowned IT companies and leading MNCs around Pallavaram offer excellent job opportunities for the inhabitants. The leading companies around this region include:
- Scope International Ltd
- Visionary RCM Infotech India Pvt Ltd
- H P L Technologies Pvt Ltd Guindy
- Olympia Tech Park
- Ekkaduthangaland MPL Silicon Towers
- Chennai Trade Centre
- SIDCO Industrial Estate, etc.
The presence of such companies in Pallavaram attracts many potential candidates from all regions across the country. Due to the increased population here, there is a constant need for residential properties.
Brilliant connectivity for people investing in flats for sale in Pallavaram
The region of Pallavaram is well connected with the adjoining areas and states of the country. The place is accessible both via road as well as air. The bus services around here also offer easy commutations to the regular travellers. The nearby airport to this region is Chennai International Airport, while the railway stations across this region are:
- Pallavaram railway station
- Chrompet
- Tirusulam
- Tambaram Sanatorium
- Minambakkam
- Palavanthangal
- Tambaram
Affordable price trends of flats for sale in Pallavaram
The prices of properties in Pallavaram are on the rise due to the sharp increase in the population around here. As more and more building companies are taking up residential projects here, there is always a demand for such properties among the public. However, one can get access to both luxury properties as well as budget apartments in Pallavaram. The prices of the properties here depend on several factors like:
- The number of rooms available in the flats for sale
- The adjoining areas of the properties available for sale
- Stock market trends
- The reputation of the builder company in the market
- The age of the apartments available for sale
- The super built-up area of the flats
- The location of the apartment
- Floor space index
- Presence of RERA approval for the real estate property
- The prime location of the real estate properties
- Government tax considerations, etc.
Below is a price table showcasing the charges of the flats for sale in Pallavaram depending on the super built-up area and the presence of the number of rooms in the property:
| Number of rooms | Super built-up area | Average prices per square feet | Price range |
| 1 BHK | Starts from 403 Sq. Feet | INR 4467 | Starts from 18 lakhs |
| 2 BHK | Starts from 643 Sq. Feet | INR 4050 | Starts from INR 26 lakhs |
| 3 BHK | Starts from 1098 Sq. Feet | INR 3700 | Starts from INR 40.6 lakhs |
| 4 BHK | Starts from 1446 Sq. Feet | INR 6224 | Starts from INR 90 lakhs |