Palavakkam
Avg. Rate
₹ 5,655/sq. ft
Locality Rating
7.2/10
Palavakkam is a locality in Chennai, Chennai District, and its PIN code is 600041. Located in the Kanchipuram district of Tamil Nadu, Palavakkam is a suburban area known for its residential and commercial properties. The locality is situated near the ECR (East Coast Road), providing easy access to various parts of the city and neighboring towns. The area is also home to several educational institutions, including schools and colleges, catering to the needs of the local residents. Additionally, Palavakkam has a range of shopping centers, restaurants, and other amenities, making it a convenient and self-sufficient locality. The area's proximity to the beach and scenic views of the surrounding landscape also make it a popular choice for residents seeking a peaceful and serene environment.
Region
Palavakkam
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600041
Population
28,520
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Chennai Suburban Railway or MRTS station within the locality provides one of India's most affordable and frequent commuter rail services
ECR frontage offers scenic sea views, coastal breezes, and premium villa and resort-style developments unavailable inland
Cluster of CBSE, ICSE, and IB schools within the locality makes it a top choice for families with school-age children
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
The Bad
Coastal saline groundwater makes borewell water unsuitable for domestic use; desalinated or CMWSSB-piped water is essential
Northeast monsoon cyclone risk (Oct–Dec) is a recurring structural concern; older buildings need annual structural assessment
Premium pricing compresses rental yields below 2.5% in the luxury segment
Aurum Price Index for Palavakkam
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 5,655/sq. ft
Average Price Range
₹ 1,700 – 17,550
Trend (5Y)
▲ 68.2%
Nearby Neighborhoods
Real Estate Toolkit
Rates and Trends
Track live property prices, locality trends, and market movements to make informed real estate decisions.
CIBIL Tracker
Monitor your credit score, loan inquiries, and credit activity to stay financially prepared.
Home Loan EMI Calculator
Calculate EMIs instantly and view interest, principal, and repayment schedules with ease.
Unit Converter
Convert carpet, built-up, and super built-up areas across commonly used property units.
Loan Transfer Calculator
Estimate savings from transferring your home loan and compare refinancing opportunities.
SIP Calculator
Plan your investment goals with monthly SIP projections and expected wealth creation estimates.
Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
Ask Pulse Ai anything about real estate
Unlock the Latest in Real Estate
News, Infographics, Blogs & More! Delivered to your inbox.
