Discover flats for sale in Pallikaranai with sizes starting from 600 sq.ft. to 1,500 sq.ft.Enjoy amenities like 24/7 security, power backup, and parking facilities. Ideal for families, investors, and those seeking proximity to IT hubs and schools.Properties from direct sellers.
Page updated on: Sun Jul 20 2025
Why is Pallikaranai considered a good location for buying flats in Chennai?
Pallikaranai is a fast-growing residential hub in South Chennai, known for its strategic location near Velachery, Medavakkam, and the IT corridor. According to Chennai Metro Development Authority (CMDA), it’s one of the top 10 localities with the highest residential development permits in 2023.
What is the average price of flats in Pallikaranai?
As of Q1 2025, the average price for flats in Pallikaranai ranges between ₹5,200 to ₹6,000 per sq.ft., with 2BHK units starting at around ₹45–₹55 Lakhs and 3BHK units priced between ₹60–₹80 Lakhs depending on the project and amenities.
Is Pallikaranai good for real estate investment?
Yes. With annual property appreciation of 6–8% and rental yields of 3.5%–4.5%, Pallikaranai has emerged as a prime mid-segment investment zone. The planned expansion of the Velachery MRTS and metro connectivity will further boost property value in the next 3–5 years.
What is the rental potential for flats in Pallikaranai?
On average, 2 BHK flats in Pallikaranai earn ₹15,000–₹22,000/month in rent, depending on furnishing and amenities. Proximity to OMR and the Velachery belt makes it a preferred rental choice for IT professionals.
Are there under-construction and ready-to-move flats available?
Yes. Both options are widely available. Many developers offer under-construction flats with flexible payment plans, while ready-to-move options are ideal for immediate occupancy without waiting.
Pallikaranai is known to be one of the best places in Chennai to live in. This beautiful neighbourhood has a fantastic, quiet infrastructure that keeps drawing people. If you are a buyer looking for flats for sale in Pallikaranai, take this step-by-step guide for buying your home, along with its offerings, price trends, and what to think about before deciding on real estate.
Pallikaranai is an area growing rapidly and is a mix of a city and nature. Here are some reasons any family or individual may choose to buy flats for sale in Pallikaranai.
Pallikaranai stands between Velachery, Medavakkam, and OMR (Old Mahabalipuram Road), making it an ideal area for those working in IT/ITES and other major office spaces.
Pallikaranai is the perfect address without affecting your pocket compared to better locations such as Velachery or Adyar. Irrespective of your purchasing purpose, you can find the right flats for sale in Pallikaranai for your budget if you are a first buyer or looking for some good returns in the future.
The price of the property is on the rise, making it a good idea to invest in it as it may bring you a good sum of money in the future and a long-term investment option.
Pallikaranai offers excellent road connections to the public through Velachery-Tambaram Road and the 200 Feet Radial Road. The Chennai Metro line expansions will contribute to faster access, making the region even more attractive for homebuyers. Apart from the well-established bus services, the public transportation system has a good connection to all the main parts of the city.
Additionally, the services have been well-organized, facilitating easy access for them. Lastly, people can use buses or rent a car or a cab when travelling outside their locality.
The area includes some of the country's top-quality schools, hospitals, shopping centres, and entertainment places. Some of the well-known facilities are:
The wide range of services that supermarkets, fitness centres, and parks provide make the neighbourhood for flats for sale in Pallikaranai enjoyable for all ages.
Despite its rapid growth, Pallikaranai remains a quiet and green area. The place has the Pallikaranai Marshland, an area under the ecological zone. This sector becomes beautified by the marshes being there. It is characterized by fresh air and greenery, which makes it one of the best places for families and old people who wish to live in a peaceful neighbourhood.
The prices in Pallikaranai have gradually grown over the years due to the increased demand for it. Here is a brief account of the recent prices:
Flat Type
Average Price (Per Sq. Ft.)
1BHK
₹5,500 - ₹6,500
2BHK
₹6,000 - ₹7,500
3BHK
₹6,500 - ₹8,500
Luxury Flats
₹8,500+
Prices may fluctuate according to the location of the flats for sale in Pallikaranai and the amenities they offer.
Pallikaranai is an undeniable choice for homebuyers who are tight on funds but need the comfort of a good transport network and a better quality of life. You can go through many alternatives, which gives you comfort and a sense of well-being.
If you are a homeowner or an investor, Pallikaranai offers something for everyone. Should you consider moving, do not lose this chance to explore your living options immediately. Look for relevant information from the web and then go to the sites. Here you are, a wise investor in one of the best living areas in Chennai!
