is a rapidly developing area in Chennai
owing to the growth of IT industries in the city. It is a suburban area which houses a natural lotus lake. It is one of the citys biggest automobile hubs. Its proximity to Old Mahabalipuram Road
has attracted a lot of people working in IT companies to settle here.
is surrounded by key areas of the city including Medavakkam
, Thuraipakkam, Velachery
, and Karapakkam
. Most of the transportation in this region is dependent on Metropolitan Transport Corporation buses, however, Chennai
Monorail plans to develop a station in Pallikaranai
rail network. At present, the nearby railway station for local travel is the Velachery
MRTS Station network. Pallikaranai
is located at a distance of 12 kilometres from Chennai
international airport and at a distance of 20 kilometres from Chennai
Central. The most important bus stops are Pallikaranai
main Bus depot, Narayanapuram Stop, and Balaji Dental College Stop.
The existing rates of apartments in Pallikaranai
ranges from Rs 4,215 per sq ft to Rs 4,842 per sq ft, and these rates have been increasing with the development and spread of IT industries around the area. Rented accommodations would cost around Rs 10,000-Rs11,000 for a 2BHK flat. Individual houses are also available and fast selling in this area and the cost range from Rs 5,653 per sq ft to Rs 7,651 per sq ft. Plots, however, are available at cheaper rates that range between Rs 3,197 per sq ft to Rs 3,860 per sq ft.
has a beautiful lotus lake that acts as a fresh water source for the residents of this area. There is a National Institute of Ocean Technology in this locality. Multispecialty hospital, Dr. Kamakshi Memotial Hospital is located on the road that connects Pallikaranai