Latest updates on Prestige apartment projects Velachery

Published On: 20 June 2026

Prestige apartment projects Velachery latest updates indicate that the upcoming high-rise development, Prestige Park Street, is currently in its pre-launch expression of interest (EOI) phase. The joint venture project spans a 3.48-acre land parcel at 140 Velachery Road, with structural construction scheduled to begin on October 25, 2026, targeting a final possession date in late October 2030 while official TN-RERA approvals remain pending.

These new gated communities offer 1, 2, and 3 BHK luxury homes with modern floor plans and massive open green areas. Average property values in the Velachery market currently range from ₹9,400 to ₹12,500 per sq. ft. because of high demand. Home prices are growing by 10% to 20% every single year, and local rental income has gone up by 4.9%. Buying a home here during the early booking phase gives you excellent price benefits and easy payment plans over time.

Top Prestige Apartment Launches in Velachery: 2026 Project Deep-Dive

Prestige Park Street

Prestige Park Street, built by Prestige Group, is a new luxury housing project located at 140 Velachery Road in South Chennai and spread across 3.48 acres of landwith 80% open space with green gardens and clean surroundings, and it features 2 high-rise towers with 15 floors each and includes around 210 luxury apartments. The homes come in 1, 2, and 3 BHK options. The apartment sizes range from 685 sq. ft. to 2,047 sq. ft. The price range starts from ₹85 Lakhs and goes up to ₹1.98 Crore onwards. The project was pre-launched in December 2025, the official Tamil Nadu RERA approval is currently in process, and real construction work starts on October 25, 2026, with final possession expected by October 31, 2030.

1 BHK Flat: 685 sq. ft. — ₹85 Lakhs onwards
2 BHK Flat: 845 – 1,494 sq. ft. — ₹1.31 Crore onwards
3 BHK Flat: 1,650 – 2,047 sq. ft. — ₹1.98 Crore onwards

Top 5 Prestige Projects Near Velachery

Prestige Pallavaram Gardens

Prestige Pallavaram Gardens, built by Prestige Group, is a massive premium township located on the Pallavaram-Thuraipakkam Road and is exactly 9.4 km away from Velachery. This large residential community is spread across 21.84 acres of green land. It features multiple high-rise towers and includes 2,069 luxury apartments. The homes come in 2, 3, and 4 BHK options with sizes starting from 1,100 sq. ft. The price range starts from ₹1.30 Crore onwards. The project is currently in its pre-launch stage, the RERA approval is in process, and final possession is expected by December 2030.

2 BHK Flat: 1,100 sq. ft. — ₹1.30 Crore onwards
3 BHK Flat: 1,580 sq. ft. — ₹1.85 Crore onwards

Prestige Courtyards

Prestige Courtyards, built by Prestige Group, is a ready-to-move-in luxury apartment project located in Sholinganallur and is exactly 11.5 km away from Velachery. This beautiful community is spread across 11.32 acres of urban land. It features 11 residential blocks and includes 548 premium apartments. The homes are available in 1, 2, and 3 BHK options. The apartment sizes range from 599 sq. ft. to 1,869 sq. ft. The price range starts from ₹63.25 Lakhs and goes up to ₹1.97 Crore. The project is fully RERA approved, was launched in 2018, and home possession was completed in 2022.

1 BHK Flat: 599 sq. ft. — ₹63.25 Lakhs onwards
2 BHK Flat: 1,329 sq. ft. — ₹1.40 Crore onwards
3 BHK Flat: 1,869 sq. ft. — ₹1.97 Crore onwards

Prestige Silver Springs

Prestige Silver Springs, built by Prestige Group, is an ultra-luxury boutique villa community located in Injambakkam and is exactly 12.1 km away from Velachery. This highly exclusive project is spread across 18 acres of premium coastal land. It features independent luxury homes and includes only 125 premium units. The homes come in grand 4 BHK villa layouts. The villa sizes start from 4,864 sq. ft. and go up to 7,291 sq. ft. The price range starts from ₹6.95 Crore and goes up to ₹43.46 Crore. The project is fully RERA approved and is ready to move in with final handovers wrapped up.

4 BHK Luxury Villa: 4,864 sq. ft. — ₹6.95 Crore onwards
4 BHK Grand Villa: 7,291 sq. ft. — ₹43.46 Crore onwards

Prestige Bella Vista

Prestige Bella Vista, built by Prestige Group, is a completed residential township located in Porur and is exactly 15.4 km away from Velachery. This landmark community is spread across 25.18 acres of developed land. It features 33 grand residential towers and includes 2,613 luxury apartments. The homes come in 1, 2, 3, and 4 BHK options. The apartment sizes range from 600 sq. ft. to 2,621 sq. ft. The price range starts from ₹42 Lakhs and goes up to ₹1.83 Crore onwards. The project is fully RERA-approved and is ready to move in with a thriving neighborhood community.

2 BHK Flat: 1,166 sq. ft. — ₹81.62 Lakhs onwards
3 BHK Flat: 1,791 sq. ft. — ₹1.25 Crore onwards

Prestige Windsor Park

Prestige Windsor Park, built by Prestige Group in a joint venture with Raj Kiri, is a premium residential community located in Vanagaram and is exactly 18.2 km away from Velachery. This modern project is spread across 5.77 acres of land. It features 6 tall towers and includes 637 luxury apartments. The homes come in 1, 2, and 3 BHK options. The apartment sizes range from 588 sq. ft. to 1,427 sq. ft. The price range starts from ₹51.92 Lakhs and goes up to ₹1.26 Crore onwards. The project is fully RERA approved, was launched in 2020, and home possession started in 2024.

1 BHK Flat: 588 sq. ft. — ₹51.92 Lakhs onwards
2 BHK Flat: 1,013 sq. ft. — ₹89.45 Lakhs onwards
3 BHK Flat: 1,427 sq. ft. — ₹1.26 Crore onwards

Technical Specifications and Price Matrix Comparison

The latest updates on Prestige apartment projects in Velachery price trends show great value compared to other properties in South Chennai. Here is a clear breakdown of the sizes and prices for the available homes:

Project Name, Configuration Types, Distance from Velachery, Base Price Range (INR)

Project Name	Configuration Types	Distance from Velachery	Base Price Range (INR)
Prestige Park Street	1 BHK, 2 BHK, 3 BHK	Located in Velachery	₹85 Lakhs – ₹1.98 Crore+
Prestige Pallavaram Gardens	2 BHK, 3 BHK, 4 BHK	9.4 km away	₹1.30 Crore onwards
Prestige Courtyards	1 BHK, 2 BHK, 3 BHK	11.5 km away	₹63.25 Lakhs – ₹1.97 Cr
Prestige Silver Springs	4 BHK Villas	12.1 km away	₹6.95 Cr – ₹43.46 Cr
Prestige Bella Vista	1 BHK, 2 BHK, 3 BHK, 4 BHK	15.4 km away	₹42 Lakhs – ₹1.83 Cr
Prestige Windsor Park	1 BHK, 2 BHK, 3 BHK	18.2 km away	₹51.92 Lakhs – ₹1.26 Cr

Infrastructure and Location Advantage of Prestige Velachery

The primary location advantages of the latest updates on prestige apartment projects, Velachery, near top travel routes, make it easy to reach any part of Chennai. A new T-shaped flyover and a large traffic roundabout are being built right now to stop traffic delays.

Close to IT Hubs: The site is just 3 to 7 kilometers away from TIDEL Park, Olympia Tech Park, and grand corporate offices.
Easy Travel Options: It is located only 800 meters from the Velachery MRTS Train Station and close to the new Metro line.
Schools and Hospitals: Top places like IIT Madras, NIFT, and Dr. Kamakshi Hospital are right in the neighborhood.
Near the Airport: You can drive to the Chennai International Airport in just 14 minutes using the Five Furlong Road.