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Showing posts with the label Pallikaranai

How is Pallikarani Changing Into a Gem in Terms of Realty Development?

Located in southern part of the Chennai city, Pallikarani has been at the radar of real estate developers and prospective home buyers. With the average price at INR 4,900 per square feet; the price range fluctuates depending on the exact location, quality of construction, reputation of the developer and many other factors.  And apart from these factors, with the Real Estate Regulatory Authority (RERA) under action, unstructured sellers are soon to be eradicated from the market for the betterment of buyers and developers alike. Why is Pallikaranai under the radar for development? Pallikaranai is in geographical proximity to prominent IT hubs in the Old Mahabalipuram Road. The corridor accommodates more than 70,000 IT/ITes workforce along with many other college going youngsters. Rental property is always on demand and reasonable rental rates aid working professionals and other youngsters living around the location. Infrastructural development in Pallikaranai: There is