Being one of the oldest residential areas and located in close proximity to the airport, Pallavaram has many advantages to boast about. The Pallavaram-Thoraipakkam Road that covers nearly 200 feet is a hotspot location for real estate investment in the city and connects to Thoraipakkam IT corridor section. With good infrastructure and closeness to industrial area, IT firms, schools, colleges and commercial establishments, Pallavaram offers an investor more than what they invest.
IT employees working in Siruseri, Chrompet MEPZ, Thoraipakkam 200 feet road & Tambaram and USA, UAE NRIs are the primary people who are interested and looking to invest in Pallavaram. NRIs find a major attraction to this area due to its closeness to the airport and also proximity to international company like Isuzu. Majority of the NRIs looking to invest here are from Singapore, Dubai and UAE.
With the increased demand of properties, many buyers are huddling to Pallavaram. Traffic being a main concern in most areas in Chennai, Pallavaram does not have the congestion issue as the roads are wide and good. With lesser congestion and good public transport frequency, the area has a definite edge over many other areas in Chennai.
Good future appreciation and affordable homes with great connectivity to other areas are among the advantages in this area.
Pallavaram is a bustling suburb near Chennai that has seen phenomenal growth in the past few years. With easy access to the IT corridors on OMR and GST roads and with top builders choosing the locality for high-quality projects with superb amenities, there is no doubt that Pallavaram is one of the next big things to happen in Chennai’s Real Estate scene!