Palavaram
Avg. Rate
₹ 3,527/sq. ft
Locality Rating
4.3/10
Palavaram is a locality in Chennai, Tiruvallur District, and its PIN code is 631303. Located in the Kanchipuram district, it is situated near the city's southern part and is known for its scenic views of the Kovalam Bay. The area is predominantly residential with a mix of old and new buildings, including apartments, bungalows, and government quarters. The locality is also home to the Palavaram railway station, which is a major transportation hub. The area is well-connected to other parts of the city through the railway network and roadways. With its proximity to the city center and scenic views, Palavaram has become a popular residential destination for many, offering a peaceful and serene environment amidst the hustle and bustle of city life.
Region
Palavaram
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
631303
Population
81,218
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Suburban rail access to Chennai Beach, Tambaram, and Velachery provides low-cost multi-directional connectivity
Coastal location provides unmatched lifestyle amenities — beaches, seafood restaurants, and weekend getaways within minutes
Government, defence, or PSU presence (ISRO, Navy, DGS&D) generates stable, recession-proof rental demand
North Chennai port-led industrial growth and Ennore expressway extensions are driving renewed investor interest
Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality
The Bad
Coastal saline groundwater makes borewell water unsuitable for domestic use; desalinated or CMWSSB-piped water is essential
Cyclonic storms regularly affect Chennai's coastline; wind and rain damage to exterior finishes is an annual maintenance cost
Chemical or refinery emissions from nearby industrial areas have been flagged in State PCB monitoring reports
The nearest metro or suburban rail station is over 3 km away; last-mile connectivity is weak
Aurum Price Index for Palavaram
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
₹ 3,527/sq. ft
Average Price Range
₹ 1,050 – 10,950
Trend (5Y)
▲ 68.8%
Nearby Neighborhoods
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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
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