Pallikaranai Property Intelligence Report 2024
Pallikaranai is located on the OMR corridor, 20 km from Chennai Central. Registered sale prices average ₹6,800/sqft while brokers quote ₹7,550/sqft — a 11% premium. PropXLA rates Pallikaranai 48/100 based on price truth, flood risk, metro connectivity, and IT corridor proximity.
Pallikaranai
Pallikaranai · Investment
OMR corridor
56/100
Proceed with careModerate fit for investment — verify all risks before paying
Price truth
75/100
vs area avg
Risk score
15/100
flood + CRZ
Intent fit
70/100
for investment
Price momentum and IT corridor proximity drive investment score.
Illiquid market. Verify exit options before committing capital.
Flood risk: very high
High flood risk. Confirm plot elevation above 4m MSL before any payment.
Broker quoting 11% above registered prices
Registered avg ₹6,800/sqft · Broker asking ₹7,550/sqft · Verify on Zapkey
Price growth signal
Good appreciation but very high flood risk — marshland location.
Price trend2020 → 2024
20202021202220232024
₹3,900/sqft₹6,800/sqft+74% in 4 years
Recent registered sales
2BHK · 1,080 sqft
Feb 2024
48L
₹4,444/sqft
3BHK · 1,380 sqft
Dec 2023
60L
₹4,348/sqft
2BHK · 1,000 sqft
Oct 2023
43L
₹4,300/sqft
Source: Registered sale data · TNREGINET
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