Prestige Park Street Completion Date

Published On: 6 July 2026

Prestige Park Street Completion Date is on October 25, 2030. This date marks exactly four years of active building work which begins from 2026. The Prestige Group is developing this luxury housing project. The project is in 140, Velachery Road in Chennai (600042). It offers a premium, quiet lifestyle in a highly popular part of South Chennai. The builder has mapped out a clear timeline so buyers know exactly what to expect regarding construction and approvals in 2026.

What is the official timeline and possession schedule?

Buyers can expect to get their keys and move in by October 31, 2030. The builder will hand over the homes right after they finish the main structure. Construction is set to officially start on October 25, 2026. This happens just a few weeks after the big project launch on October 5, 2026. This strict four-year plan gives the builder enough time to build all four towers. It also ensures they can pass all tough quality checks before residents move in.

What is the current RERA approval status?

Right now, Prestige Park Street is waiting for its official RERA approval. The builder has sent all their building plans and land papers to the Tamil Nadu Real Estate Regulatory Authority (TNRERA). As soon as they get their unique registration number, they will share it with the public. While waiting, the builder has started an Expression of Interest (EOI) process. This lets early buyers lock in a priority spot before the official public launch.

How do the project configurations and layouts shape up?

The project features luxury 3 BHK and 4 BHK homes on a large 3.48-acre piece of land. The design keeps the area feeling spacious, with 80% of the property left as open green space. The site will have four well-spaced towers named A, B, C, and D. Each building will have two basements, a ground floor, and 18 upper floors. In total, the towers will reach about 66 meters high.

The home sizes and prices are set up like this:

3 BHK Apartments: 2,280 to 2,435 sq ft. Prices start at Rs. 4 Crores.
4 BHK Apartments: 3,024 to 3,320 sq ft. Price available on request.
4.5 BHK + Study: 3,797 sq ft. Price available on request.
4 BHK + Family Room: 4,288 sq ft. Price available on request.

What are the tangible pros and cons of investing here?

The biggest advantage is the low crowd level. There are only 252 homes spread across nearly 3.5 acres. The location is also fantastic. It sits near the upcoming Metro Blue Line, the Chennai Airport, and major tech hubs like Guindy and Taramani. You also get access to over 45 modern amenities. These include a huge clubhouse, a high-end gym, a spa, a pool, and a mini-theater.

On the downside, the cost is quite high. A starting price of Rs. 4 Crores means this project is mainly for wealthy buyers and top executives. Also, you have to wait a bit right now. Active building cannot start until TNRERA gives the final green light and issues the registration number.

Is this project a viable long-term investment in 2026?

Yes, it is a very strong long-term investment. Large pieces of land are extremely rare in central Velachery. Because of this, property values here tend to hold strong and grow. Data from 2026 shows that IT workers from the nearby OMR tech corridor really want luxury homes. They prefer secure, gated communities over buying empty plots. If you buy early during the pre-launch, you get a better entry price. History shows that top-tier builders see big price jumps as they finish different stages of the building over the four years.

What are the official EOI booking and banking mechanics?

To book a home early, you need to pay an Expression of Interest (EOI) deposit. You must also provide valid copies of your Aadhaar Card and PAN Card. The builder takes cheques that go straight into a safe escrow account made just for this project.

The booking amounts depend on the home size you want: