Prestige apartment projects, Velachery, possession 2026

Prestige Park Street, built by Prestige Group, is a large luxury-themed residential township located at 140 Velachery Road, South Chennai and spread across 3.48 acres of land. This premium project offers 80% open space with lush greenery and peaceful cross-ventilation views. It has 2 tall 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 1,650 sq. ft. The price range starts from ₹85 Lakhs and goes up to ₹1.98 Crore. The project was pre-launched in December 2025, the TNRERA approval is in process, and possession is expected by October 2030.

• 1 BHK: 685 sq. ft. — ₹85 Lakhs onwards
• 2 BHK: 845 sq. ft. — ₹1.31 Cr onwards
• 3 BHK: 1,650 sq. ft. — ₹1.98 Cr onwards

Prestige Pallava Gardens, built by Prestige Group, is a massive under-construction prestige apartment projects milestone located on the Pallavaram-Thuraipakkam Radial Road, situated just 9.4 km away from Velachery, and spread across 21 acres of land. This premium project offers 70% open space with beautifully designed parks and serene lake views. It has 13 world-class high-rise towers with 14 floors each and includes around 2,069 luxury apartments. The project offers 2, 3, & 4 BHK options. The apartment sizes range from 1,061 sq. ft. to 2,735 sq. ft. The price range starts from ₹1.20 Crore and goes up to ₹3.10 Crore. The project was launched in July 2025, the TNRERA approval is in process, and possession is expected by December 2029.

• 2 BHK: 1,061 sq. ft. — ₹1.20 Cr onwards
• 3 BHK Premium: 1,352 sq. ft. — ₹1.50 Cr onwards
• 4 BHK Luxe: 2,735 sq. ft. — ₹3.10 Cr onwards

Prestige Courtyards, built by Prestige Group, is an ongoing-phase, neo-classical residential township located in Sholinganallur, situated just 11 km away from Velachery, and spread across 11.32 acres of land. This premium project offers 66% open space with expansive landscape layouts and peaceful courtyard views. It has 11 premium low-density towers with 4 floors each and includes around 548 luxury apartments. The homes come in 1, 2, & 3 BHK options. The apartment sizes range from 595 sq. ft. to 1,869 sq. ft. The price range starts from ₹59.60 Lakhs and goes up to ₹1.87 Crore. The project was launched in February 2018, the TNRERA approval is complete, and ready possession/ongoing phase updates are expected by late 2026.

• 1 BHK: 595 sq. ft. — ₹59.60 Lakhs onwards
• 2 BHK Premium: 1,237 sq. ft. — ₹1.31 Cr onwards
• 3 BHK Luxe: 1,869 sq. ft. — ₹1.87 Cr onwards

Perumbakkam, built by Prestige Group, is an upcoming under-construction prestige apartment projects destination located close to South Chennai’s core global tech corridors, situated just 10.5 km away from Velachery, and spread across 26 acres of land. This premium project offers 75% open space with natural green buffers and smart infrastructure views. It has 16 tall high-rise towers with 28 floors each and includes around 1,850 luxury apartments. The project offers 2, 3, & 4 BHK options. The apartment sizes range from 1,100 sq. ft. to 2,400 sq. ft. The price range starts from ₹95 Lakhs and goes up to ₹2.20 Crore. The project is scheduled for launch in late 2026, the TNRERA approval is in process, and possession is expected by December 2031.

• 2 BHK: 1,100 sq. ft. — ₹95 Lakhs onwards
• 3 BHK Premium: 1,500 sq. ft. — ₹1.40 Cr onwards
• 4 BHK Luxe: 2,400 sq. ft. — ₹2.20 Cr onwards

Prestige Medavakkam, built by Prestige Group, is a prominent under-construction prestige apartment projects hub located near the rapidly growing commercial zone of Medavakkam, situated just 8.5 km away from Velachery, and spread across 26 acres of land. This premium project offers 78% open space with community lawns and extensive cross-ventilation views. It has 14 elegant multi-story towers with 19 floors each and includes around 1,500 luxury apartments. The homes come in 2 & 3 BHK options. The apartment sizes range from 1,050 sq. ft. to 1,750 sq. ft. The price range starts from ₹90 Lakhs and goes up to ₹1.65 Crore. The project was pre-launched in early 2026, the TNRERA approval is in process, and possession is expected by October 2029.

• 2 BHK: 1,050 sq. ft. — ₹90 Lakhs onwards
• 3 BHK Premium: 1,450 sq. ft. — ₹1.35 Cr onwards

Looking into the prestige apartment projects Velachery possession 2026 rent options shows high income potential for owners. Since thousands of tech professionals work in nearby IT corridors, finding premium tenants for these new flats is easy. Expected monthly rental prices in the area follow a strong pattern:

• 1 BHK Units: ₹15,000 to ₹30,000 per month
• 2 BHK Units: ₹25,000 to ₹45,000 per month
• 3 BHK Units: ₹40,000 to ₹65,000 per month

Recent prestige apartment projects in Velachery, possession 2026, reviews show that buyers have high trust in the Prestige brand name. Most people agree that booking a flat during the current 2026 launch phase helps save significant money compared to buying a ready flat later. Buyers really like that Prestige Park Street has fewer homes, which means less crowd and more privacy. It is always wise to keep a small extra budget for government registration fees and tax costs.