The village is connected via Edakkurissi on the Palakkad-Kozhikode National Highway and is about 120 km from Kozhikode.

The village is known for its proximity to Kanjirapuzha Dam, a key irrigation structure located 6 km away.

Public and private bus services connect the village to nearby towns and cities.

[3] Palakkayam has educational institutions like Carmel HSS and healthcare facilities including the Assumption Hospital in nearby Kanjirapuzha.

The serene surroundings of Palakkayam attract visitors to its nearby eco-tourism and irrigation sites, including Siruvani and Kanjirapuzha dams.