Prestige Falcon City Chennai is a landmark luxury apartment project by Prestige Group, ideally located on Medavakkam-Sholinganallur Road, South Chennai. This gated community in Medavakkam offers ultra-luxury high-rise apartments in 2, 3, and 4BHK layouts. Set over 23 acres, it offers 2,170 premium Vaastu-compliant apartments in Chennai over 22 towers. Each tower has 2B + G + 14 floors. The sizes of these modern apartments with a clubhouse range from 1,001 sq ft to 2,735 sq ft.
The price of this new Prestige Falcon City Chennai project near Global Hospital starts at ₹1.30 Crores for a 2 BHK apartment and goes up to ₹3.54 Crores for premium 4 BHK flats. The project is in the pre launch stage now, and the RERA number is expected on 15 December 2026.
Quick Facts of Prestige Falcon City Chennai at Medavakkam Chennai
| Fact Category | Details |
| Project Type | New Launch Apartment Township in Medavakkam |
| Total Land Area | 23 acres |
| Location | Medavakkam, South Chennai |
| Key Landmark | Near Global Hospital |
| Metro Access | Medavakkam Metro Station (Red Line) |
| Unit Variants | 2, 3, and 4 BHK Large Size Flats – South Chennai |
| Starting Price | ₹1.30 Crores Onwards (Indicative for 2 BHK) | ₹3.54 CR (For premium units) |
| Total Units | 2,170 |
| RERA Status | Pending |
| Towers | 22 High-Rise Towers |
| Structure | 2B + G + 14 Floors each |
| Possession | December 2031 |
Strategic Location: Your Gateway to South Chennai’s Premier Zone
The location of Prestige Falcon City Chennai is Medavakkam Road, Chennai, Tamil Nadu 600100. It is just 15 minutes from Medavakkam Metro Station, which is on the Red Line.
The location adds a very strong investment value to this Prestige new launch in South Chennai. It is located just near Global Hospital and the Medavakkam Metro Station. The Prestige Falcon City Chennai township has easy access to key transport hubs like Medavakkam Metro Station (about 1.5 km / ~15 min). This gated community in Medavakkam is close to a major IT complex.
Chennai Airport is close — roughly 12 km away. It has a road travel time of about 30 minutes via 200 Feet Radial Road. All of it makes these luxury flats near Medavakkam attractive for long-term investment.
Key Highlights and Unique Selling Points
- Massive 23-Acre Master-Planned Township: One of the largest township launches in South Chennai, 2026. It features 22 High-Rise Towers with the best architecture.
- 80% Open Space: This is the largest township in South Chennai, and in 2026, it is a benchmark for low-density townships in South Chennai. While most projects in the Medavakkam area maximise concrete coverage, Prestige has engineered this 23-acre township with a 80% open-space ratio.
- 1 Lakh Sq. Ft. Clubhouse: A grand clubhouse of 70,000 sq. ft with 60+ world-class amenities. It includes sauna, spa, party halls, café, park, pet-friendly flats in Chennai, and wellness zones for a resort-style living.
- Strategic Metro Connectivity: Located off 200 Feet Radial Road, the project ensures signal-free transit to Chennai Airport in just 30 minutes. This prime location drives high real estate appreciation and the best city-wide access, like Velachery in 6.4 km (10 mins), Tambaram in 8.2 km (10 mins), and Sholinganallur in 5 km (5 mins).
- The "Prestige" Brand Trust: As one of India's best real estate developers, Prestige properties in Chennai have high resale value as well as a very good rental demand. It is high in growth corridors such as Medavakkam for Prestige's new launch in 2026.
- GST Road Property Growth: The GST Road has set its status as South Chennai’s premier growth artery, driving good real estate with high property values in Medavakkam, seeing an impressive 15% annual appreciation.
- South Chennai Growth Corridor: Property appreciation in Medavakkam is projected to be among the highest in Chennai real estate in 2026. It is because of the Red Metro Lines' proximity.
- High Rental Demand Near IT Parks: The presence of 20+ global companies like CTS, TCS, HP, and Wipro gives steady rental demand.
Unit Size available in Phase 1
- 2 BHK - 1,001 sq. ft. to 1,220 sq. ft.
- 3 BHK Compact - 1,380 sq. ft. to 1,550 sq. ft.
- 3 BHK Large - 1,750 sq. ft. to 2,150 sq. ft.
- 4 BHK Luxury - 2,450 sq. ft. to 2,735 sq. ft.
Prestige Falcon City Chennai Important Project Dates
The Prestige Falcon City Chennai Launch Date is 15 December 2026.
- Pre-Launch Date - 01 December 2026
- Official Launch Date - 15 December 2026
- Construction Period - 4.5 Years
- Completion Date - 30 June 2031
- Possession Date - 31 December 2031
Customer Reviews & Ratings
The Prestige Falcon City Chennai Reviews are positive, with a rating of 4.8 out of 5. This high rating is based on its modern amenities, latest designs, prime area, and reasonable pricing.
One of the biggest highlights of Prestige Falcon City Chennai is its prime IT hub location. This new launch will get excellent feedback from all home buyers as well as real estate property experts. It is one of the best new launch luxury projects in South Chennai 2026, perfect for everyone seeking high growth and better rental yield.
Prestige Falcon City Chennai is among the top 5 new launch projects in Chennai 2026. It offers a luxury lifestyle with high real estate growth as well as smart homes in the city.
Prestige Falcon City Chennai Brochure
The Prestige Falcon City Chennai Brochure gives full information about the office spaces, mall layout, specifications, master plan, floor plans, connectivity map, tower layout, clubhouse, and pricing. The brochure is offered as a free PDF for download after the launch.
RERA Details
Prestige Falcon City Chennai RERA Number is pending. It will be available soon, and as the project is now in the RERA pipeline, it is one of the safest projects to invest in. As soon as the project gets the RERA, the RERA number will be added.
Prestige Falcon City Chennai EOI Booking
The Expression of Interest (EOI) process for the Phase 1 will start in 1 December 2026. Buyers who register early will get first priority for unit selection and exciting pre-launch offers.
- EOI Amount: ₹2 Lakhs (Fully Refundable)
EOI booking can be easily done through the official channel partner network. Early buyers will benefit from the pre launch price as well as their desired flat selection.
Payment Structure
The Prestige Falcon City Chennai Payment Plan follows a construction-linked payment structure.
- 10% Booking Amount: Paid at the time of unit booking.
- 10% Agreement Amount: Within 30 days of booking.
- 80% Construction Linked: Payable in small milestones over the 54-month cycle.
This flexible plan makes it one of the best pre-launch options to invest in South Chennai.
Prestige Group – News Update (2026)
Prestige Group is one of the best real estate developers in India. They have delivered 300+ projects across major cities, including Kochi, Chennai, and Goa. With over 200 million sq ft in the pipeline, the company remains the top in the real estate market in Chennai.
Project Highlights
Strategic 23 acre investment choice in Medavakkam. Entry price of ₹1.30 Crores* for 2 BHK units. The project is now in the pre launch phase, and RERA is pending.
About Prestige Falcon City Chennai: A Master Planned Luxury at Chennai’s Global Innovation Corridor
Prestige Falcon City Chennai, the new launch Prestige project in South Chennai 2026, offers luxury flats in 2BHK, 3 BHK, & 4 BHK layouts. It includes modern layouts that are perfect for those who are looking for property in South Chennai in a 1 Crore budget.
As a top-tier gated community township, Prestige Falcon City is the best choice to invest in 2026. With over 30,000 IT people employed at the adjacent IT hubs, the project offers high rental demand. As the top launch by Prestige Group (an A-Grade builder), this new township meets the growing need for premium flats in Medavakkam. If you are looking for a luxury 2 BHK flat or a high resale asset in Medavakkam, Prestige Falcon City Chennai stands at the top with a gold standard for safe, RERA-compliant property investment.
- 2 BHK: Ideal for nuclear families who are looking for spacious flats.
- 3 BHK: Spacious flats for joint families who are searching for luxury 3 BHK flats.
- 4 BHK: Luxury flats for buyers loving premium living spaces.
The Vision: Why Prestige Falcon City Chennai?
Prestige Falcon City Chennai decodes the brilliance of the green zones. This project uses modern designs and thermal performance glass facades. All the flats are "coated by luxury," with a serene living space.
Expert Insight for Investors: Investors can imagine high standards from the start. This project continues to be the key driver of the long-term value.
Prestige Falcon City Chennai: The Journey So Far
The roadmap for South Chennai’s most anticipated luxury landmark has been defined by the wild milestones. As of May 2026, Prestige Falcon City Chennai has set a new gold standard for the Medavakkam corridor.
Site Evolution: From Groundbreaking to Model Flats
Mobilisation at the 23-acre site is now 100% complete.
- Civil Works: Foundation work for Phase 1 of the Towers will start soon.
- Meet the Best Finish: The 2, 3, and 4 BHK Model Flats building work will start soon, so that everyone will experience the correct space and design.
South Chennai’s Economic Engine: Critical Drivers of Real Estate Market in 2026
South Chennai has changed from a "high potential" growth zone to a main Economic Engine. With a projected $10 billion investment inflow into the Medavakkam corridor by 2027, the area offers the best mix of capital growth and high rental yields.
Here is why South Chennai is the best Real Estate Investment in 2026. Below are the major drivers making South Chennai the #1 hotspot to invest in 2026.
Chennai Airport: The Global Gateway
With Medavakkam evolving into the top district, the airport is no longer just a transit point.
- Economic Moat: Medavakkam is attracting many IT hubs, creating a good income tenant base looking for the best township.
Medavakkam: The Employment Engine
Medavakkam is now home to global IT giants like Wipro, TCS, and CTS.
- The new "Work-from-Near-Home" Trend: The presence of the IT Parks has created a demand for luxury flats in the Medavakkam belt, where rental yields are now touching 4.5%.
GST Road Connectivity
The GST Road bypasses the city's core to link Medavakkam with all other major areas of Chennai.
- Strategic Benefit: This makes South Chennai the best quadrant for workers moving between the IT hubs in the North and the East.
Emerging Micro-Market Winners: Medavakkam
Ideal pockets such as Medavakkam have emerged as the "New IT Zone."
- Entry Point Benefit: These areas give an exclusive entry point for all the 2026 buyers. While the nearby areas like Velachery have hit a price ceiling, Medavakkam offers high-growth assets that are poised for 50% price appreciation over the next 12 months as infrastructure matures.
Why South Chennai Wins in 2026
| Metric | South Chennai | North Chennai |
| Infrastructure Age | New | Congested |
| Price Growth | 14% CAGR | 8% CAGR |
| Planned Open Spaces | High | Low |
| Rental Yield | 4.5% + | 4.7% |
South Chennai Investment Thesis
South Chennai Corridor | Q2-2026 Analysis
The 2026 Rental Yield Matrix: Medavakkam
Medavakkam has officially flipped the script on ROI in 2026 in this quarter.
Market Reality: As of May 2026, a 2BHK in the nearby areas yields roughly 3%, whereas Prestige Falcon City Chennai is clocking a 4% target yield. This is driven by the "Walk to Work" mandate from major IT hubs, and everyone is to bypass the area's peak time congestion.
Why "Medavakkam" Units are the Alpha Play
In a high density area like South Chennai, Permanent Green Views are a rare commodity.
- Liquidity Benefit: Data from Q2 2026 sales shows that the road facing units resell 20% faster than the internal-facing units.
- The Buffer Zone: The road facing boundary here overlooks the best with green views and a high resale value.
Project Highlights
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Apartment
![Prestige Falcon City Chennai Project Type]( "Prestige Falcon City Chennai Project Type is apartment")
Project Type
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Rs. ₹1.30 Cr* Onwards
![Prestige Falcon City Chennai Starting Price]( "Prestige Falcon City Chennai Starting Price is 0.75 Cr* Onwards")
Starting Price
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New Launch
![Prestige Falcon City Chennai Project Status]( "Prestige Falcon City Chennai Project Status is New Launch")
Project Status
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23 Acres
![Prestige Falcon City Chennai Total Land Area]( "Prestige Falcon City Chennai Land Area is 4.24 Acres")
Land Area
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Prestige Group
![Prestige Falcon City Chennai Builder]( "Prestige Falcon City Chennai Builder is Prestige Group")
Builder
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22 High-Rise Towers
![Prestige Falcon City Chennai Total No Of Towers]( "Prestige Falcon City Chennai Total No Of Towers is 3 High-Rise Towers")
No Of Towers
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2, 3, & 4 BHK
![Prestige Falcon City Chennai Unit Typology]( "Prestige Falcon City Chennai Unit Typology is 1,2,3 & 4 BHK")
Unit Type
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1,001 sq. ft to 2,735 sq. ft
![Prestige Falcon City Chennai Unit Sizes]( "Prestige Falcon City Chennai Unit Sizes is 1200 sq. ft to 2100 sq. ft")
Unit Sizes
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2,170
![Prestige Falcon City Chennai Total Units]( "Prestige Falcon City Chennai Total Units is 2,170 units")
Total Units
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2B + G + 14 Floors
![Prestige Falcon City Chennai Total No of Floors]( "Prestige Falcon City Chennai Total No of Floors is 2B+14 Floors")
Total No. of Floors
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On Request
![Prestige Falcon City Chennai Rera Number]( "Prestige Falcon City Chennai Rera Number is PR/210426/008595")
Rera No
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December 2031
![Prestige Falcon City Chennai Possession Date]( "Prestige Falcon City Chennai Possession Date is 7th April 2031")
Possession
Apartment Types and Price
The prices of flats at Prestige Falcon City Chennai are expected to range from ₹1.30 Crores to ₹3.54 Crores. It depends on the flat’s size range and type. These are indicative Prestige pre-launch prices, as this new project is in the pre-launch stage. Base rates for these flats in Chennai start at around ₹10,800 per sq. ft. Below is the table with unit-wise cost details, including Size Range, Unit Type, as well as Indicative Price of Prestige Falcon City Chennai Phase 1.
| Unit Type | Size (sq. ft.) | Starting Price (Rs.) |
|---|---|---|
| 2 BHK | 1,001 sq. ft. - 1,220 sq. ft. | ₹1.30 Crores to ₹1.46 Crores |
| 3 BHK Compact | 1,380 sq. ft. - 1,550 sq. ft. | ₹1.57 Crores to ₹1.78 Crores |
| 3 BHK Large | 1,750 sq. ft. - 2,150 sq. ft. | ₹1.95 Crores to ₹2.29 Crores |
| 4 BHK Luxury | 2,450 sq. ft. - 2,735 sq. ft. | ₹2.63 Crores to ₹3.54 Crores |
* Prices are indicative, and they will change based on tower number, floor number, unit facing, or special launch offers.
Cost Sheet, Payment Plan & Offers
The affordable luxury flats Chennai pricing is designed to give the early-bird benefits in the fast-growing IT corridor. Buyers can enjoy the best payment plans, paying in stages as the project work goes on. It makes it easier to manage the budget to buy the luxury flats near the IT zone. Early buyers may benefit from capital growth. Medavakkam projects rates increase with the upcoming new metro phase 2, highways, roads and airport access.
EMI Calculator
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Prestige Falcon City Chennai Comparison with Prestige Chennai Ongoing Project Comparison Table (2026)
| Feature | Prestige Courtyards | Prestige Silver Springs | Prestige Windsor Park | Prestige Pallavaram Gardens | Prestige Bella Vista |
| Location | Sholinganallur | Sholinganallur | Poonamallee | Pallavaram | Porur |
| Theme | Next Gen Living | World Class Villa Project | Luxury Township | Luxury Township | Smart Living |
| Status | Ready to move | Ready to move | Ongoing | Ongoing | Ready to move |
| Possession | 2024 | 2024 | 2030 | 2029 - 2030 | 2025 |
| Units | 1, 1.5, 2, 2.5, 3 BHK | 3 & 4 BHK | 1, 2, 3 BHK | 2, 3 & 4 BHK | 1, 2, 3 & 4 BHK |
| Price From | ₹63 Lakhs* | ₹5.59 Crores* | ₹45.85 Lakhs* | ₹1.20 Cr | ₹59 Lakhs |
Deep Dive: Project-Specific Intelligence
Prestige Falcon City Chennai: The Institutional Floor
Unlike standalone buildings in Medavakkam, the project is in a prime area near major IT hubs.
- The 2026 Factor: May 2026 data shows that the IT hubs nearby have created a "bigger rental floor."
Prestige Falcon City Chennai: The "Air-Wellness" Scarcity
As of Q2 2026, the nearby areas are reaching price saturation.
- Resale Value: High floor units (20th floor+) are fetching a ₹900/sq. ft premium over low floors due to the attractive views of the skyline that cannot be built out.
Floor Plan
Prestige Falcon City Chennai Floor Plans are the well planned 2, 3, and 4 BHK lifestyle flats in Chennai suitable for families of all sizes. Below is the list of units in Phase 1,
| Sl No. | Apartment Type | Total Units | SBA Range (Sq Ft) | Carpet Area (Sq Ft) |
| 1 | 2 BHK Compact | 420 | 1,001 sq ft to 1,050 sq ft | 700 sq ft to 750 sq ft |
| 2 | 2 BHK Regular | 445 | 1,070 sq ft to 1,130 sq ft | 750 sq ft to 800 sq ft |
| 3 | 3 BHK Compact | 400 | 1,214 sq ft to 1,314 sq ft | 850 sq ft to 920 sq ft |
| 4 | 3 BHK Regular | 420 | 1,357 sq ft to 1,457 sq ft | 950 sq ft to 1,020 sq ft |
| 5 | 3 BHK Large | 265 | 1,571 sq ft to 1,771 sq ft | 1,100 sq ft to 1,240 sq ft |
| 6 | 4 BHK Standard | 150 | 2,028 sq ft to 2,171 sq ft | 1,420 sq ft to 1,520 sq ft |
| 7 | 4 BHK Large | 70 | 2,428 sq ft to 2,735 sq ft | 1,700 sq ft to 1,915 sq ft |
- 2 BHK flats – Best for nuclear families
- 3 BHK flats – Ideal choice for joint families
- 4 BHK luxury flats – Spacious flats best for extended families
These luxury flats are equipped with co-working spaces, and South Chennai’s new Prestige Township offers affordable luxury flats for sale near GST Road.
2, 3 and 4BHK apartments in Medavakkam
An apartment is a compact luxury living space inside a big tower. Apartment living is popular in big cities, as many people wish to live in high-rise living. Flats near Chennai Airport are always in demand.
The Prestige Falcon City Chennai project is planned with premium 2, 3, & 4 BHK iconic flats in the Medavakkam corridor. This new township project is close to major IT hubs as well as malls, schools, and shopping areas.
Core Design: Vastu Based and Space Usage
A key feature of this 23 acre Prestige township is the Vaastu compliance. Each flat is designed to offer positive energy, with East facing entrance doors. It has bedrooms and kitchens based on Vastu.
The project also focuses on space usage without any dead ends. Unused corners are avoided to make use of every square foot. When comparing Super Built-up Area (SBA) vs Carpet Area, Prestige Falcon City Chennai maintains a high 80% usable internal space. It gives buyers high returns for their investment.
Best Units for End-Use
For families looking for property near Medavakkam to move into by 2031, high floor flats are ideal. These units offer
- No noise and a very quiet living space
- Best views of the spaces in the township
- A luxury resort-like lifestyle
2 BHK Floor Plan
- Size: 1,001 to 1,130 sq. ft.
- Features: A living-dining hall, two bedrooms, a foyer, and two bathrooms. It also has a kitchen with a utility area.
- Best For: Small families working at the ELCOT SEZ.
3 BHK Floor Plan
- Size: 1,214 to 1,771 sq. ft.
- Features: 3 large bedrooms and a grand living room. The "Large" units have a master suite and a deck-style balcony.
- Best For: Families who need a home office and joint families.
4 BHK Floor Plan
- Size: 2,028 to 2,735 sq. ft.
- Features: 4 bedrooms and a separate room for staff. These homes give views of the 18 acres green belt.
- Best For: Large families who wish for a luxury living space in a high-rise tower.
Model Apartments: A Look into Your Future Home
Model apartments are available at the Prestige Falcon City Chennai site during the official launch. Buyers can
- Walk through 2, 3, and 4 BHK units to visualise the living space
- Inspect the royal finishes, including kitchen fittings and floors
- Good sunlight and air flow, which shows the design of all towers
Master Plan
Prestige Falcon City Chennai Master Plan is set over 23 acres to offer an urban lifestyle with the finest of features.
It includes,
- 22 High-Rise Towers with 2,170 ultra-luxury flats
- 80% open spaces and green spaces
- A 70,000 sq. ft. clubhouse with premium features like spa, party halls, sauna, dance rooms, gyms, and cafe
- Wide internal roads, gardens, parks, BBQ area, and kids' play areas
This master plan gives the best lifestyle with first-class high-rise flats in Chennai. The design has visual openness with air flow, offering buyers a tranquil routine within a composition of flats with nature.
The Plus Shaped Advantage: Beyond the Square Foot
The Plus-shaped towers will give the best structural efficiency. By differing from regular block designs, the project attains these benefits:
- 360 Degree Airflow: The project has cross-ventilation in each room, which is needed for the tropical climate.
- The "Corner Unit" Standard: The design creates "external facing" walls, and so a high percentage of corner flats have wide views.
- Daylight: Each unit will enjoy natural light, reducing the need for any other light during the daytime.
Designing for the Modern End-User
While many projects emphasise the carpet area, this project prioritises the quality of volume. The mix of plus shaped towers and the size ensures that whether you choose a 2, 3, or 4 BHK, your home reflects privacy.
This master plan shows that towers are spaced to prevent any "crowding," and the 80% open space defines the 23-acre township.
Master Plan Layout with Zone Identification
| Zone Number | Feature / Amenity | Description |
| 01 | Main Entry / Exit | A grand entrance from the road with a gate, CCTVs, and 24/7 security. |
| 02 | Clubhouse | A 70,000 sq. ft. clubhouse with party halls, indoor games, gym, swimming pool, café, and spa. |
| 03 | Central Green Area | 7-acre central park with native trees and paths. |
| 04 | Towers | 22 High-Rise Towers with luxury flats and 2 levels of parking. |
| 05 | Sports Zone | Cricket practice area, tennis court, and outdoor sports spaces. |
| 06 | Wellness Zone | Kid's play area, jogging track, yoga deck, and cycling path. |
Towers and Blocks – Key Plan Features of Prestige Falcon City Chennai
Entry / Exit Gates
- Main Entrance: Wide entry from the Medavakkam Main Road.
- IT Corridor Access: Just 12 mins from Sholinganallur ELCOT SEZ, which offers an easy commute.
- Secondary Exit: There are service exits to manage traffic flow during the peak hours.
Tower Layout
- Smart Placement: The 22 towers are across the 23-acre site to maximise internal views.
- Open Centre: The middle zone is reserved for the 70,000 sq. ft. clubhouse and central green space.
- Better Views: Units are focused on to get views of the city skyline.
Clubhouse Location
- Central Position: The clubhouse is centrally situated for equal access from all 22 towers.
- Integrated Sports: Outdoor sports zones are placed near the clubhouse for convenience.
Open Space & Parking
- 80% Open Area: Only a small percentage of the total 23 acres is used for the building footprint.
- Basement Parking: Two levels of parking in the underground keep the ground level vehicle-free and very safe to use for pedestrians.
- EV Charging: Electric vehicle charging points are added in the parking bays.
Internal Roads & Pathways
- Pedestrian Safety: There are walking areas separated from vehicular traffic.
- Jogging Track: A 1.5 km track winds through the green zones.
- Drop-Off Points: Each tower features a dedicated entrance and lobby drop-off area.
Amenities
Prestige Falcon City Chennai Amenities include 60+ lifestyle features that meet the needs of all ages. This project blends modern designs, which makes it a serene place to live. Located in Medavakkam, this is more than just a flat; it is the best choice for living.
Gymnasium
Swimming Pool
Yoga Pavilion
Video Door Phone
Kids Activity Zone
Mini Theater
Tennis Court
Indoor Games Room
Club House
Dance/Music
24/7 CCTV Monitoring
Jogging Track
The Clubhouse: A 70,000 Sq-Ft Destination
It is a big space built for your lifestyle.
- Clubhouse (~70,000 sq ft): A big hub for social life.
- Wellness Centre: Yoga spaces and gym.
- Indoor Sports Arena: Play indoor games and VR Games.
This new project offers a luxury lifestyle, which is the Prestige Falcon City Chennai difference.
60+ Lifestyle Experiences
There are many areas to match your mood, such as the
- Family Living: Kids' play areas and BBQ zone.
- Leisure Living: Yoga areas, seating zones, and viewing decks.
- Active Living: Jogging tracks, sports courts, and outdoor gyms.
Safe Living
We offer safety every day
- 24/7 CCTVs: Multi-tier CCTVs for better safety.
- 24/7 Security Team: A security team with full-time monitoring.
- Eco Friendly: Smart zones for a green future.
Overall, Prestige Falcon City Chennai blends fun and comfort. It is built for families who wish for a first-class life in Chennai.
RERA, Approvals & Legal Documentation
RERA (Real Estate Regulatory Authority) makes sure that your investment in Prestige Falcon City Chennai is protected by law. It promises that the builder fully follows quality standards.
- Bank Loans: Banks will easily approve loans with RERA numbers.
- Safe Buying: 70% of the funds are kept in a dedicated account, ensuring your money is correctly spent on building your home.
Location
Prestige Falcon City Chennai location is in Medavakkam, South Chennai. This is a fast-growing area close to the GST Road, ORR and major IT hubs of South Chennai.
Prestige Falcon City Chennai Address
- Area:Medavakkam
- City:Chennai
- State:Tamil Nadu
- Country:India
- Zip Code:600100
- Micro-market: Medavakkam – Sholinganallur (South Chennai Growth Corridor)
- IT hubs Proximity: Commer zone, ELCOT SEZ, Pacifica Tech Park, and also OMR IT Expressway
- Key Roads: It has direct access to OMR and Velachery Main Road
- Metro Advantage: Near Medavakkam Metro Station (Phase II – Corridor 5)
Landmark and the Map Details
- Landmark: Close to Global Hospital
- Nearby Areas: Sholinganallur, Velachery, Tambaram
- Latitude: 12.908
- Longitude: 80.188
Location Advantages of Prestige Falcon City Chennai
Prestige Falcon City Chennai Location is in the prime area of the city, and this is one of the major advantages of this project. It is situated in South Chennai, close to the railway stations and major IT zones.
- 12 Minutes from Sholinganallur
- 7 km from Velachery retail hub
- 3.5 km from OMR
- 14 km from Chennai Airport
Near the upcoming Metro Line of the Phase II Metro network
Connectivity Snapshot
| Key Infrastructure | Distance / Travel Time |
| Sholinganallur IT Hub | 4 km / 12 min |
| Chennai Airport | 14 km / 30 min |
| Upcoming Sholinganallur Metro | 3.5 km / 10 min |
*Travel time will vary based on the traffic
Prestige Falcon City Chennai offers the best investment choice near the IT hubs. It offers a mix of highway access, GST Road access, metro access, airport access, and proximity to IT parks, making it the best choice for both living and investing in South Chennai.
Connectivity to Prestige Falcon City Chennai
The project is located in a prime area of Chennai with top road access and is close to the IT parks. Because of this easy access, many buyers consider this location the best for long term investment.
Airport Connectivity
Chennai Airport is easily accessible via the GST road.
- Distance: 14 km
- Travel Time: 30 minutes
- Public Travel: App-based cabs as well as MTC express buses.
Metro Connectivity
The Chennai Metro Phase II (Corridor 5) will reduce travel time to the IT hubs.
- Nearest Station: Sholinganallur Metro
- Distance: 3.5 km
- Impact: Once operational in 2027-2028, the metro will link Medavakkam to OMR, and also the Airport corridor.
Road Connectivity
- Medavakkam Road: The project has direct frontage on the arterial road.
- OMR Road: Vital link to SIPCOT Siruseri and IT hubs of Taramani.
- Velachery Main Road: Connects the project to the premium retail zones of South Chennai.
Distance from Key Places (Prestige Falcon City Chennai)
| Main Area | Distance |
| Velachery | 18 km |
| Tambaram | 8.2 km |
| Sholinganallur | 5 km |
Travel time will differ based on area’s traffic.
Overall, the area has easy road, highway access as well as Chennai airport access. It will benefit from the new metro and other major road upgrades.
Market Comparison – Sholinganallur Vs Medavakkam
| Feature | Sholinganallur (OMR) | Medavakkam (Residential) |
| Market Phase | Saturated | High-Growth |
| Avg. Price (2026) | ₹12,800 to ₹13,500/sq ft | ₹9,800 to ₹10,800/sq ft |
| Open Space | Limited | Big Land Parcels |
| Best For | High Rental Yield | High Capital Appreciation |
The 2026 Medavakkam Corridor: Portfolio Strategy
As the micro market hits a price ceiling in Q2 2026, smart capital is moving to the South zone of the city. Prestige Falcon City Chennai has emerged not just as a township project, but also as a high yield asset as it is integrated into India’s IT hubs.
The "Inside-the-Fence” Benefit
While "Medavakkam" projects have retail-led volatility, Prestige Falcon City Chennai benefits from a high Rental Floor.
- The GST Access: Buyers are moving near the HST as it enables quick access to all major areas of the city.
- Yield Estimate: Due to a high rental demand, there is a 10% rental premium and a 3.8% Net Operating Income that beats the Chennai average of 2.8%.
Neighbourhood
Strategically located in Medavakkam – The Future of South Chennai
Connectivity:
- Medavakkam Metro Station: 1.5 km away
- Tambaram Railway Station: 8 km
- Velachery: 6.4 km
- GST Road - direct access
- Chennai Airport: 12 km
Social Infrastructure:
Healthcare (in 3 km):
- Global Hospital
- Dr. Kamakshi Memorial
- V-Cure Hospital
- Iswarya Hospital OMR
Top Schools (in 2-6 km):
- Narayana E-Techno School
- Orchids School
- Hindustan International School
- Amethyst School
- PSBB Millennium School
Commercial & Entertainment:
- Grand Square Mall
- Phoenix Marketcity
- Sekaran Mall
- Vivira Mall
Top Reasons to Choose Medavakkam for Investment
1. IT Hub Density in a 10 km Radius
Prestige Falcon City Chennai is the prime choice for IT people seeking luxury flats near 30+ tech companies. It will bridge the gap between Chennai's IT corridors and the prime areas.
Top MNCs like
- CTS
- TCS
- Wipro
- HCL
- We think
This creates a high user demand for buying.
2. High Rental Market
Rental demand here is driven by
- IT people from 30+ IT Parks
Typical 2 BHK rental range (South Chennai, 2026) is ₹20,000 per month.
Rental yields in South Chennai range between 3.8%, depending on cost.
3. Strategic 10 Minute Access Grid
This location fits into Chennai’s southern transport grid
- 10 mins from Tambaram Railway Station
- 10 mins to Velachery
- 15 mins to Medavakkam Metro Station
GST Road is a national highway with 6 lane access, not like small internal roads in the city.
Educational Hub: Schools Near Prestige Falcon City Chennai
| School Name | Distance / Time | Curriculum | Key Highlight (2026) |
| Narayana E-Techno School | 1 km (3 mins) | CBSE | Known for the best competitive exam coaching. |
| Orchids International School | 4 km (12 mins) | CBSE | Modern campus with sports facilities. |
| Amethyst International School | 2 km (5 mins) | IGCSE / CBSE | Top campus for global academic standards. |
| PSBB Millennium School | 3.5 km (10 mins) | CBSE | One of most sought-after schools. |
| Hindustan International School | 6 km (15 mins) | IB / IGCSE | Premium school near the Padur-OMR belt. |
Healthcare Infrastructure Near Prestige Falcon City Chennai
| Hospital Name | Distance / Time | Key Specialties | Highlight (2026) |
| V-Cure Hospital | 1 km (3 mins) | Multi-specialty | Best for emergency and family healthcare. |
| Iswarya Hospital OMR | 9 km (18 mins) | Robotic Surgery / IVF | Advanced surgical treatment with 24/7 ER. |
| Global Hospital (Gleneagles) | 2.5 km (7 mins) | Multi-specialty / Transplants | World class tertiary care feature. |
| Dr. Kamakshi Memorial | 5 km (12 mins) | Cardiac Care | Best healthcare provider in South Chennai. |
Major Employment Hubs Near Prestige Falcon City Chennai
One of the main reasons for property demand is its nearness to South Chennai’s growing job hubs.
| Business Hub | Distance / Time | Type | 2026 Status |
| Sipcot IT Park, Siruseri | 12 km (25 mins) | IT Hub | Big IT park in South India. |
| RMZ Millenia | 10 km (20 mins) | Corporate Hub | Premium office spaces. |
| ELCOT SEZ | 4 km (12 mins) | IT SEZ | Home to TCS, HCL, Wipro and Tech Mahindra. |
| Pacifica Tech Park | 5 km (15 mins) | IT Park | Major IT hub on OMR. |
Lifestyle & Entertainment Centres Near Prestige Falcon City Chennai
| Destination | Distance / Time | Key Features | Popular For |
| Grand Square Mall | 7 km (18 mins) | Shopping | Family hub in Velachery. |
| Phoenix Marketcity | 11 km (30 mins) | Luxury Mall | Big luxury shopping mall in Chennai. |
| Sekaran Mall | 2.5 km (7 mins) | Shopping | Local fashion brands and food court. |
| Vivira Mall | 10 km (20 mins) | Large Mall / Multiplex | Premium retail brands. |
Medavakkam
Medavakkam is part of South Chennai and is located near Global Hospital, close to Velachery and Tambaram. Over the last decade, the growth of IT hubs has increased the price in this area. This area forms a good growth triangle between the Velachery, Sholinganallur ELCOT SEZ, and the OMR-SIPCOT IT Park belt. Over the last decade, the growth of IT hubs has increased the price in this area. This area forms a good growth triangle between the Velachery, Sholinganallur ELCOT SEZ, and the OMR-SIPCOT IT Park belt.
Proximity highlights
Medavakkam connects easily to key areas of South Chennai, such as
- Tambaram – 8.2 km
- Velachery – 6.4 km
- Sholinganallur – 5 km
- Chennai Airport - 12 km
Why Medavakkam works the best for high-rise living
The area benefits from the following features
- IT Zone: The Sholinganallur SEZ alone has over 50,000 IT people.
- Medical Hub: It is very close to Global Health City, the best health centre in South India.
- Major Roads: Direct access to the 200 Ft Radial Road and OMR.
History of Medavakkam
Medavakkam was an agricultural area known for paddy cultivation and cattle rearing.
By the 2010s, Medavakkam became one of Chennai’s fast-growing suburbs.
A 2012 real estate study even identified it as a major investment area due to rapid appreciation in property values.
Strategic location advantage
- Direct access to the GST Road
- Access to the 200 Feet Radial Road to reach all areas easily
- Nearness to the Tambaram Railway Station
- Near Medavakkam Metro Station
IT hubs near Medavakkam
- Global Infocity – 8.1 km
- RMZ Millenia Business Park – 9.2 km
- Tidel Park – 11.5 km
- World Trade Centre– 7.8 km
- ELCOT SEZ – 5.2 km
- SIPCOT IT Park – 10.5 km
Why do people prefer Medavakkam
- Close to major IT hubs
- Easy highway access through the GST Road
- Prices are lower than Velachery and North Chennai (subject to market conditions)
- More open land with a spacious township
- Long-term investment growth
- New Metro line for easy access
Medavakkam has come up as a major growth zone in South Chennai with easy airport access and near major job hubs.
Its location near the major IT corridor makes Medavakkam property trends great for buyers seeking township living with long-term potential.
Chennai
Chennai is one of the best cities for living and property investment.
In 2026, Chennai’s real estate market is growing at a fast rate because of the new metro lines, job offers, and road projects.
Known as the "Detroit of Asia", the real estate market is surging as it has a lot of IT job offers.
IT Hubs Presence
Chennai has some of India’s largest IT parks:
- Velachery
- Taramani
- Sollinganallur
- Guindy
- Tambaram
Many IT hubs have offices that bring stable job growth and housing demand.
Infrastructure Powerhouse
Chennai has road projects that will improve travel across the city:
- OMR is the IT expressway with the largest tech parks.
- GST Road improves the outer-city access.
These projects help to travel fast between the office, home, and the airport.
High Rental Demand
Because of IT hiring:
- Rental demand is high in IT hubs
- 2 BHK homes are popular and in demand among working people
- Rental yields range between 3.5% to 4.5%
It makes Chennai the best city for “buy-to-rent” and end investors.
RERA, Approvals & Legal Documentation
The project will be approved by the Tamil Nadu RERA Board, and after that, the RERA number will be added here.
Project Status & Possession Timeline
| Milestone | Details / Timeline |
| Pre-Launch / EOI Start | 01 December 2026 |
| RERA Approval Target | December 2026 |
| Official Launch | 15 December 2026 |
| Current Status | Pre-Launch Bookings |
| Construction Stage | Preliminary site work and perimeter fencing |
| Expected Possession | 31 December 2031 onwards |
As of May 2026, the project is in its Pre Launch stage. It is a luxury mixed township with commercial spaces too.
Bank Approvals & Home Loan Partners
Prestige Group has a track record of trust. Many leading banks like ICICI, SBI, and HDFC are giving home loans for this project.
Buyers can expect
- Better Home loan approvals
- Flexible payment tenures
- High interest rates
Prestige Falcon City Chennai Construction Status: May 2026 Live Updates
The ground is getting cleared now, and after that, the building work will start soon, based on the timeline.
| Development Milestone | Commencement | Estimated Completion |
| Phase 1: Substructure & Foundation | ||
| Site Clearing & Land Grading | April 2026 | July 2026 |
| Deep Piling & Foundation Work | August 2026 | February 2027 |
| Basement & Retaining Walls | March 2027 | August 2027 |
| Phase 2: Superstructure & Finishes | ||
| Structural Framework Construction | September 2027 | June 2028 |
| Internal Wall & Masonry Work | July 2028 | December 2028 |
| Electrical & Plumbing Installations | January 2029 | June 2029 |
| Interior Finishing & Final Inspection | July 2029 | December 2029 |
| Phase 1: Substructure & Foundation | ||
| Site Clearing & Land Grading | April 2026 | July 2026 |
| Deep Piling & Foundation Work | August 2026 | February 2027 |
| Basement & Retaining Walls | March 2027 | August 2027 |
| Phase 2: Superstructure & Finishes | ||
| RCC Main Building Frame (Mivan) | September 2027 | October 2028 |
| Internal Masonry & Flooring | January 2028 | June 2029 |
| MEP (Plumbing & Electrical) | May 2028 | November 2029 |
| Final Possession Handover | -- | Dec 2029 - 2031 |
Project Site Office: The project office will be built soon on the project site. This office will act as a base for buyers, and anyone can visit this site anytime.
Model Apartments: The model units are getting ready, which are the furnished homes that showcase the design of the homes at Prestige Falcon City Chennai. These model flats will be ready for site visits after the launch of the project, which gives a real view of the project space.
Prestige Group: Trust and Quality Since 1973
Building Homes Since 1986
- 39+ Years of Brilliance
- 202 million sq. ft. Ft. Delivered
- ISO 9001:2015 Certified construction.
- CRISIL DA1+ Rated—the only developer with this top score.
- 350+ Projects Completed
Why Buyers Trust Prestige Group
- Proven Track Record: 40 years of hand overing projects on time. Every home follows TN RERA rules to be safe.
- Fresh Nature: The 23-acre plan has 80% open green space, which gives you a healthy life.
- Quality: Premium materials for better-lasting homes.
Awards & Recognition
Prestige has won a lot of awards for excellence in real estate, including the "FIABCI World Award" and CWAB India’s Top Builder Award.
Frequently Asked Questions
1. Where is Prestige Falcon City Chennai located?
It is located in Medavakkam, South Chennai.
2. What is the price range of flats?
Prices of flats range from ₹1.30 Crores to ₹3.54 Crores.
3. When will the flat be ready for possession?
The official possession date of this project is December 2031.
4. Does Prestige Falcon City Chennai have RERA approval?
No, the project is waiting for RERA.
5. How many flats are there in Prestige Falcon City Chennai?
The township features 2,170 flats.
6. What sizes of flats are available?
The project has flats in sizes from 1,001 sq ft to 2,735 sq ft.