Upcoming Prestige Projects in South Chennai 2026

Published On: 5 August 2026

Upcoming Prestige Projects in South Chennai 2026 feature premium high-rise and low-density options spanning 3.48 acres to over 23 acres across newly planned gated developments priced from ₹1.30 Crore to upwards of ₹4.00 Crore. These modern residential spaces sit right at the heart of South Chennai’s fast growth, driven by key IT corridors and new Phase 2 metro lines. Property prices across these sites depend on home size, floor level, and flat view. Home buyers pay using clear construction-linked plans, which divide costs into milestone payments after the initial booking amount.

Here are Some of the Top Upcoming Prestige Projects in South Chennai 2026

Prestige Falcon City Chennai

Prestige Falcon City Chennai is a luxury residential project located along the high-growth main transit corridor in Medavakkam, South Chennai. The township was built on 23 acres of prime land with 22 high-rise towers holding 2,170 homes. The project offers 2 BHK, 3 BHK, and 4 BHK apartments with floor sizes ranging from 1,001 sq. ft. to 2,735 sq. ft. The apartment price starts at ₹1.30 Crore and goes up to ₹3.54 Crore or more. The project is waiting for its final TNRERA approval number to be issued by December 2026. The project launch date is set for December 15, 2026, and the official physical possession date is set for December 31, 2031.

2 BHK Apartment: 1,001 sq. ft. — ₹1.30 Crore onwards
3 BHK Compact: 1,380 sq. ft. — ₹1.57 Crore onwards
3 BHK Large: 1,750 sq. ft. — ₹1.95 Crore onwards
4 BHK Luxury Unit: 2,735 sq. ft. — ₹3.54 Crore onwards

Prestige Park Street

Prestige Park Street is an ultra-luxury residential project located along 140 Velachery Road, Velachery, South Chennai. The community was built on 3.48 acres of prime land with 4 high-rise towers holding 252 homes. The project offers 3 BHK, 4 BHK, 4.5 BHK, and 4 BHK with Family Room apartments with floor sizes ranging from 2,280 sq. ft. to 4,288 sq. ft. The apartment price starts at ₹4.00 Crore and goes up on request for larger luxury variants. The project is waiting for its final TNRERA approval number to be issued following its applied status. The project launch date is set for October 5, 2026, and the official physical possession date is set for October 31, 2030.

3 BHK Luxe: 2,280 sq. ft. — ₹4.00 Crore onwards
4 BHK Luxe: 3,024 sq. ft. — Price on Request
4.5 BHK + Study: 3,797 sq. ft. — Price on Request
4 BHK + Family Room: 4,288 sq. ft. — Price on Request

Prestige Palm Court

Prestige Palm Court is a premium residential project located along the Grand Northern Trunk Road (NH-5) corridor in Madhavaram, North Chennai. The gated community was built on 7.98 acres of prime land with 5 high-rise towers holding 910 homes and 2 penthouses. The project offers 1 BHK, 2 BHK, and 3 BHK apartments with floor sizes ranging from 637 sq. ft. to 1,887 sq. ft. The apartment price starts at ₹70 Lakhs and goes up to ₹2.10 Crore or more. The project is waiting for its final TNRERA approval number to be issued by December 2026. The project launch date is set for October 15, 2026, and the official physical possession date is set for December 31, 2030.

1 BHK Optima: 637 sq. ft. — ₹70 Lakhs onwards
2 BHK Classic: 1,139 sq. ft. — ₹1.20 Crore onwards
3 BHK Aspire (2T): 1,521 sq. ft. — ₹1.55 Crore onwards
3 BHK Premia (3T): 1,827 sq. ft. — ₹1.90 Crore onwards

Upcoming Prestige Projects Chennai Price Matrix

Project Name	Location / Corridor	Apartment Configurations	Unit Size Range (SBA)	Starting Base Price
Prestige Falcon City	Medavakkam, South Chennai	2 BHK / 3 BHK / 4 BHK	1,001 sq. ft. – 2,735 sq. ft.	₹1.30 Cr – ₹3.54 Cr
Prestige Park Street	Velachery, South Chennai	3 BHK / 4 BHK / 4.5 BHK	2,280 sq. ft. – 4,288 sq. ft.	₹4.00 Cr Onwards
Prestige Palm Court	Madhavaram, North Chennai	1 BHK / 2 BHK / 3 BHK	637 sq. ft. – 1,887 sq. ft.	₹70 Lakhs – ₹2.10 Cr