@Himani: The project was launched last month. Banks such as Punjab National Bank, HDFC, and LIC have approvals for home loans. They are giving lsight negotiations as well.
@Himani: The project is approved byy CMDA. The current price per sq ft will be around Rs 4,000. The completion date of the project will be by jan 2015.
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Hey Alex, the price for 2bhk would be between Rs 34 lakhs to 40 lakhs for 854 sq ft - 996 sq ft. Pallikaranai is a very good residential locality with connectivity to Tambaram, ECR and Mount Road, very much Suitable for people working in IT. Near to Velachery and lots of mall.
Hey Alex as far as I know schools such as Bharathi School, Srujana Montessari, Navadisha Montessari, Professional Colleges such as Balaji Dental College, Jerusalem College, Hospital such as Kamakshi are present here. In addition, it has approachable roads to Chrompet, Tambaram, Guindy and OMR, Sholinganallur.
@Alex: Pallikaranai is neighbourhood and a fast growing residential locality in Chennai. It is located in proximity to the IT industry in OMR, Chennai central business districts and the automobile hub in GST Road have attracted more population to Pallikaranai . It became a part of Chennai Corporation in July 2011. The nearest airport of Pallikaranai is Chennai International Airport near Meenambakkam which is at a distance of 5 kms. Chennai central railway station would be around 15 kms from Pallikaranai.