Prestige Park Street Possession Date

Published On: 6 July 2026

The final possession of Prestige Park Street is targeted for October 31, 2030, with construction completion set for October 25, 2030. Operating on a strict four-year construction timeline from its new official launch on October 5, 2026, the project has moved through its initial pre-launch phase that has opened in December 2025. This firm handover schedule provides buyers with absolute transparency. This helps their luxury residences are delivered on time so they can plan their financial and personal transitions with total confidence.

You have a clear window during the building phase to plan your interior designs, custom woodwork, and smart home layouts. The company will share regular construction updates with photos and videos on their website. This keeps you informed about the progress of all four towers.

The basic project timeline follows these clear steps.

December 2025: Early booking of the project as well as deposit window opens.
October 5, 2026: Official launch day and also the paper signing.
October 25, 2026: Heavy machinery arrives as well as digging starts.
October 25, 2030: Workers finish the main building structure and walls.
October 31, 2030: Final key handover and move-in day.

Home Sizes and Pricing Matrix

The premium gated community sits on three and a half acres at 140 Velachery Road in Chennai. It features 252 luxury homes with three or four bedrooms. The homes are spread across four towers named A, B, C, and D. Each tower stands 18 floors high over a two-level basement.

The starting prices and deposits depend on the size of the home:

3 BHK Layouts (2,280 to 2,435 sq ft): Prices start at four crore rupees. You pay a ten lakh rupee deposit.
4 BHK Layouts (3,024 to 3,320 sq ft): Total prices are given when you ask. You pay a fifteen lakh rupee deposit.
Largest Layouts (3,797 to 4,288 sq ft): Custom prices are given when you ask. You pay a twenty lakh rupee deposit.

Safe Bank Details: All early deposits go into a secure project bank account. The name is Prestige Park Street Collection Account at ICICI Bank, Velachery Branch. The bank code is ICIC0000385. This keeps your money safe before the digging work starts.

Final Checks and Move-In Steps

The final handover of the project starts on October 31, 2030. The builder will process the 252 luxury homes in small groups. This gives top-quality checks. The homes range from 2,280 to 4,288 square feet. The builder does a strict test before calling the owners for a final walk-through.

During the final month, the builder does these key checks:

Home Checks: Buyers walk through their new home. They check the paint, pipes, and wiring in all three and four-bedroom homes.
Shared Areas: The builder hands over the large clubhouse, pool, and green parks to the resident group.
Basement and Water: The builder turns on the two-level basement parking and the main water supply.

Why the Builder Sets a Firm Handover Date

Setting a definitive date helps both the builder and the buyer. It keeps the building work, legal papers, and money plans moving on track together.

A fixed date offers several key advantages:

On-Time Delivery: The date shows exactly when the homes will be ready. Delivering on time protects the builder's brand name.
Legal Rules: The project is now waiting for its official approval number from the state TNRERA registration body. The builder must meet these rules to get the final completion papers.
Easy Money Planning: A clear schedule lets you organize your funds, plan your bank loans, and manage your property tax benefits easily.
Market Trust: Giving a firm date builds long-term trust and keeps the property value stable for investors.
Good Teamwork: A clear timeline keeps the building crews and material suppliers moving at the same speed. This prevents costly delays.