Wikipedia
Pallikaranai
Pallikaranai is a neighborhood and a fast-growing residential area in South Chennai, a metropolitan city in Tamil Nadu, India. Located in proximity to the IT industry in OMR, Chennai's central business districts and the Automobile hub in GST road has attracted more population to Pallikaranai in the 2000s. Pallikaranai became a part of Chennai Corporation in July 2011.
According to a 2012 report by global property consultant Knight Frank, the neighborhood has emerged as India's 11th largest destination for investment in the residential real estate, in the list of 13-top residential destinations in the country from an investment point of view, where housing prices are expected to increase by 93 percent over the period 2012-2017.