Know your neighbourhood - Pallavaram

History and nature amidst modern residential colonies 

Pallavaram has a major claim to history. Archaeological finds from the region include various stone artefacts dating to the Palaeolithic Age. Pallavaram was home to the military cantonments of both the Mughals and the East India Company. With the Pallavaram Forest and Hills as a resplendent backdrop, today, the area has turned into an active hive of residential colonies.

Connectivity

Pallavaram is located on the Grand Southern Trunk Road, and is easily accessible from the IT Corridor, also called the OMR. Public transport, including, government and private buses, operate within and beyond the area. The Pallavaram Junction Bus Stand on GST Road is just 3 kms from Chennai International Airport. Buses from the stand run northwards loop around the Kathipara Junction to take commuters to any major location in Chennai, including T Nagar, Egmore, Central, Koyambedu and even Adyar. The Pallavaram Railway Station is an important transit point for residents. It has four platforms and caters to thousands of passengers daily. Auto-rickshaws and cabs are also available.

Social Infrastructure

Rich in greenery and history, Pallavaram can be considered a heritage zone. However, its urban infrastructure has made it one of the most respectably deserving areas for the epithet of an “urban Utopia”. Pallavaram has many prestigious schools – the St. Theresa Girls Higher Secondary School, Vel’sVidhyashram School, and Cantonment High School. Pallavaram Market, one of the most massive vegetable markets known, has been in operation for over 75 years, and sells goods for low prices. One of the most famous fish markets is here.

Average Home Rates

·         An apartment in Pallavaram costs between Rs. 4,800 – Rs. 5,500 per sq. ft.

·         An independent house is between Rs. 5,450 – Rs. 7,500 per sq. ft.

·         Plot layouts cost Rs. 1,200 – Rs. 1,950 per sq. ft.

·         Rental rates fall between Rs. 11 – Rs. 13 per sq. ft.

·         Monthly rental for 2BHK is between Rs. 7,000 – Rs. 10,000

·         Monthly rental for a luxury apartment is between Rs. 14,000 – Rs. 20,000

Now that you have a fair idea of where you should consider purchasing property, take the leap and look at some great options at RoofandFloor. Happy hunting!

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Article written by :Nisha Achuthan

Nisha is a content strategist who eats, sleeps and breathes marketing. She is an avid follower of real estate news and is fascinated by all things architecture