Pallavaram (originally Pallava Puram) is a southern suburb of Chennai, India. Prestige Pallava Gardens is developing in this mot sough-after locality. The project offers fabulous 1, 2, 3, and 4 BHK apartments developed over 50 acres of land. It offers a total of 2800 units in 21 towers.
The area is fast becoming a popular housing destination in Chennai due to its strategic location along the Old Mahabalipuram Road (OMR) and the booming IT industry. Pallavaram is one of the best-connected micro-markets of Chennai. It is located at the intersection of the OMR and Pallavaram-Thoraipakkam Road, which facilitates hassle-free travel to areas not only within the city but also outside.
The area also enjoys proximity to many renowned localities of Chennai, including Velachery and Guindy, which are home to numerous IT firms. The Chennai International Airport is only 20 minutes away from Pallavaram via NH 45.
The residents of the locality have simple access to prestigious hospitals like Sankara Kidney hospital, Kamakshi Memorial Hospital, and Apollo Specialty Hospital. The education of children is easy through premium schools like Chaitanya Techno, DAV, Ravindra Bharathi, Vels school, Vels University, etc.
Connectivity offered by major roads in Pallavaram are
Employment opportunities in Pallavaram are plentiful, with companies such as Atos India and Cognizant present here. Moreover, IT Parks such as Olympia Tech Park, MPL Silicon Towers, the Chennai Trade Centre, and SIDCO Industrial Estate are also situated within a 10-km radius. The commercial growth has benefited the rental market of the area.
The average capital values in Pallavaram have surged by 25 percent from Rs 5,800 per sq ft in October-December 2022 to Rs 7,800 per sq ft in October-December 2024. Given the lot of employment opportunities and soaring residential demand, the price trends in the area are only going to go upwards in the near term.
Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.
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