Prestige Upcoming Projects in Velachery

Published On: 19 June 2026

Prestige upcoming projects in Velachery, Chennai 2026, offer modern and luxurious homes in one of South Chennai’s best neighborhoods. These areas have good road connectivity and easy access to major highways, IT hubs, schools, hospitals, shopping malls, and the airport. The prices are competitive and offer good investment value. Apartment prices start from ₹85 Lakhs, and the monthly rent starts at around ₹28,000 for a 2 BHK apartment and can go up to ₹1 Lakh for a 3 BHK apartment. The projects offer amenities like a clubhouse, swimming pool, gym, gardens, children's play area, and sports courts. These homes are ideal for families as well as people looking to invest.

Here is the Prestige Upcoming Project in Velachery, Chennai:

Prestige Park Street

Prestige Park Street, built by Prestige Group, is a new premium apartment project located in the prime area of Velachery and spread across 3.48 acres of land. This modern project features 2 tall high-rise towers with 15 floors each and includes a total of 210 luxury apartments. The homes come in 1, 2, and 3 BHK options with layouts based on Vaastu principles. 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 launched on October 5, 2026. The official TN RERA registration is currently in the active approval process, and possession is expected by October 31, 2030. Expert luxury prestige apartment projects in Velachery reviews award this venture high marks for its great location and top quality.

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

FAQs

1. Is Prestige Park Street in Velachery approved by TNRERA?

The project's TNRERA approval is currently in progress. The official registration number will be shared with everyone as soon as it is approved.

2. When will buyers get possession of homes in Prestige Velachery?

Homebuyers can expect to get the keys and take possession of their homes by October 2030.

3. What is the minimum booking amount or EOI payment for this upcoming project?

The builder has set the booking amount at ₹3.5 Lakhs for a 1 BHK, ₹7 Lakhs for a 2 BHK, and ₹9.5 Lakhs for a 3 BHK luxury apartment.

4. Who is executing the construction and development of the Velachery site?

The project is being built as a joint venture between the famous Prestige Group and Chennai-based Arihant Foundations under their partner company, Canopy Living LLP.

5. What are the key location advantages of Prestige Park Street Velachery?

The project sits in an excellent spot on Velachery Road. It is just 800 meters from the Velachery train station, 14 minutes away from the Chennai Airport, and less than 4 kilometers from major IT parks in Guindy and Taramani.