Prestige Park Street Price
Prestige Park Street Price starts at Rs 4 Crores for a 3 BHK apartment. This Prestige Group project is in Velachery, Chennai 600042. You can also choose 4 BHK, 4 BHK + Family Room, or 4.5 BHK + Study configurations, available on request. You get a flexible payment schedule across all unit types.
Below is the price list of Prestige Park Street apartments,
| Unit Type | Size | Price |
|---|---|---|
| 3 BHK | 2,280 - 2,435 sq ft | Rs. 4 Crores onwards |
| 4 BHK | 3,024 - 3,320 sq ft | Price on Request |
| 4 BHK + Family Room / 4.5 BHK + Study | 3,797 - 4,288 sq ft | Price on Request |
Complete Costing Details
The prices listed that are given above are Agreement charges only, and they will not include Registration charges, Stamp Duty, or GST. The pre-launch price is set to attract potential homebuyers and match their needs. The Prestige Park Street prelaunch price is Rs. 12410 per square foot and is valid until 05 October 2026.
Buyers who wish to buy with Prestige Park Street prelaunch offers can pay the following EOI amount,
| TYPE | EOI Amount |
| 3 BHK | Rs. 10 Lakhs |
| 4 BHK | Rs. 15 Lakhs |
| 4 BHK + Family Room / 4.5 BHK + Study | Rs. 20 Lakhs |
The price range for 3 & 4 BHK apartments is comprehensive, taking into account location, size, floor plan, and amenities. These detailed pricing details ensure that you are fully informed about the complete cost that will be involved when you are investing, and there will not be any other hidden charges. Buyers can explore varying housing options and get detailed pricing information by contacting the sales team or by reviewing the payment plans.
Velachery is a well-connected residential area in South Chennai. You get proximity to Chennai airport, Guindy, and Taramani, which supports steady housing demand in the locality. New residential launches like Prestige Park Street add to your investment options in this area.
Property rates in Velachery depend on unit size, floor, and the developer's track record. You can check current price trends with our sales team or verified property portals before making an investment decision. Prestige Park Street gives you a mid-to-luxury option in a locality with established IT hub connectivity.
The price of apartments in Velachery is based on the size and the builder's reputation:
- 1 BHK: The average cost of a 1 BHK apartment unit in Velachery is Rs. 48 Lakhs, and the rent starts from Rs. 12000.
- 2 BHK: The average cost of a 2 BHK apartment unit in Velachery is Rs. 89 Lakhs Crores, and the rent starts from Rs. 20000.
- 3 BHK: The average price of a 3BHK apartment unit in Velachery is Rs. 1.25 Crores, and the rent of a 3BHK unit starts from Rs. 25000.
The average cost of residential real estate properties in Velachery is Rs. 8400 to Rs. 15500 per sq ft. The price of flats ranges from Rs. 9400 to Rs. 12500 per sq ft. The price of land is around Rs. 8400 to Rs. 15500 per sq ft.
Chennai is always a happening real estate market, and the city has become a preference for a group of buyers who are actively looking to settle near established IT hubs. As major IT hubs are coming up in the city, residential property rates have seen a spike in the recent years in Chennai. In spite of fast-increasing property rates, homebuyers are still actively looking for homes in the city.
Chennai real estate has most of its demand from the working populace of its IT hubs, and looking at the transaction history, the top-selling residential projects were Prestige Park Street, Prestige Park Street, and Prestige Highland Hideaway, to name a few. As the city will expand further with the growing IT boom, investing now is the best option to get long-term value appreciation.
Some of the best areas to invest in flats in Chennai with a high ROI potential are as follows,
- Guindy
- Velachery
- Taramani
- Tambaram
- Chrompet
- Pallavaram
- Madhavaram
The price of the apartments in Chennai varies with the location inside the city and with its size. The price of 1BHK apartments starts from Rs. 42 lakhs in Chennai, which varies with the location. A luxury 1BHK apartment unit costs start from Rs. 75 Lakhs in Chennai. The rental cost range of a 1BHK apartment starts from Rs. 10,000 in Chennai.
The payment schedule of a housing project is known as the payment plan, and it is a crucial element in determining the investment. It outlines a clear list of payments that must be made in instalments as the project progresses. Prestige Park Street is in its early launch stage so that the payment schedule will be unveiled soon.
Prestige Group usually provides homebuyers with a riskfree instalment plan to enable easy payments. Every buyer must pay 10% of the entire amount during booking any project. After that, the outstanding price amount will be divided into smaller schedules. The payment plans are best for building trust between the builder and the buyer.
When booking any apartment, 10% of the total apartment amount must be paid first. After that, the remaining price amount will be divided into instalments.
The payment plan of Prestige Park Street will include the following instalments:
| Stages of Construction | Amount to be paid |
| Booking Advance | 5% |
| Agreement Stage | 45% |
| Commencement of Foundation | 10% |
| Commencement of Basement Floor | 7.5% |
| Commencement of Ground Floor | 7.5% |
| Commencement of 1st Floor Roof | 7.5% |
| Commencement of 3rd Floor Roof | 5% |
| Commencement of 5th Floor Roof | 2.5% |
| Commencement of 7th Floor Roof | 2.5% |
| Commencement of 9th Floor Roof | 2.5% |
| Completion of Flooring Respective Unit | 2.5% |
| Handing Over of flats | 2.5% |
| Total | 100% |
Chennai’s current real estate has shown extraordinary resilience, making it a chosen destination for investors and homebuyers. The robust provision of job options and rapid infrastructure development continue to drive demand in the real estate market.
As we progress through the next five years, the real estate n Chennai is expected to grow enormously due to fast-paced urbanisation and government policies that offer an investor- friendly ecosystem. Real estate experts suggest the time between 2025 to 2030 presents an outstanding window for investments in Chennai.
The prices of the properties differ with different locations inside Chennai, which is as follows,
| Location | Price |
| Nungambakkam | Rs. 19,500/sq. ft. |
| Medavakkam | Rs. 6,100/sq. ft |
| Siruseri | Rs. 5,500/ sq ft |
| Saidapet | Rs. 12000/ sq ft |
| Nanganallur | Rs. 9,500/ sq ft |
| Avadi | Rs. 5,500/sq ft |
| Keelkattalai | Rs. 7,500/ sq ft |
| Urapakkam | Rs. 6000/ sq ft |
| Pallikaranai | Rs. 6,700/ sq ft |
| Guindy | Rs. 16,000/ sq ft |
| Vandalur | Rs. 5,000/ sq ft |
The future of real estate in Chennai still looks very promising in 2025, driven by strong IT boom and expansion. Investors are looking for real estate opportunities in Chennai to maximise capital appreciation and get good rental yields.
The current property price trends in Velachery show that the area is expected to maintain its upward trajectory. The future of Velachery real estate is marked by robust economic fundamentals and with varying homebuyer preferences. Investors who enter the real estate market at the right time in 2025 can benefit from considerable returns.
The price of 2BHK apartments in Velachery starts from Rs. 78 Lakhs. A luxury 2BHK apartment unit in Velachery starts from Rs. 89 Lakhs. The prices will continue to increase at a rapid rate in Velachery, making the area an ideal investment destination.
Prestige Park Street Cost Sheets are not updated as the project is still in the pre-launch stage. The breakdown of apartment costs and the payment plan are the primary parts of the cost sheet.
The following components will form the total cost of the apartment:
- Sale value
- Carpet Area cost
- Stamp duty
- Registration charges
- Build-up Area cost
- Total Price
- Taxes
- Base price
- Agreement value cost
- Additional charges
- Applicable GST for the Apartment
FAQS
The starting price of homes in Prestige Park Street is from Rs. 4 Crores onwards.
All the price details are given in the cost sheet, and there will not be any hidden price that has to be paid.
The complete cost details of the flat you are going to buy are shown in the cost sheet, and there will not be any hidden price charges.
All Major Indian Banks, including HDFC, Axis Bank, ICICI, SBI, and IDBI Bank, are giving loans to buy houses here.
The project has many payment plans that include a down payment plan, paying some price now nothing till ownership, and a building linked plan.
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