Prestige Falcon City Chennai New Launch

Prestige Falcon City Chennai New Launch is an upcoming luxury apartment township by Prestige Group in Medavakkam, South Chennai. The project offers 2, 3 and 4 BHK apartments from 1,001 sq. ft. to 2,735 sq. ft. Prices start from ₹1.30 crore and go up to ₹3.54 crore. The official launch date is set for 15 December 2026.

The project is planned over 23 acres on Medavakkam–Sholinganallur Road, near Global Hospital. It has 22 towers with 2B + G + 14 floors and a total of 2,170 apartments. Prestige Falcon City Chennai is now in the pre-launch stage, and Tamil Nadu RERA approval is pending.

Prestige Falcon City Chennai New Launch Details

Project Detail	Information
Project Type	New launch apartment township
Developer	Prestige Group
Location	Medavakkam–Sholinganallur Road
Total Land Area	23 acres
Total Towers	22
Tower Structure	2B + G + 14 floors
Total Apartments	2,170
Apartment Types	2, 3 and 4 BHK
Size Range	1,001 to 2,735 sq. ft.
Starting Price	₹1.30 crore
RERA Status	Pending
Pre-Launch Date	01 December 2026
Official Launch Date	15 December 2026
Completion Date	30 June 2031
Possession Date	31 December 2031

Prestige Falcon City Chennai Launch Status

Prestige Falcon City Chennai has not yet been officially launched. The pre-launch is planned for 01 December 2026. The formal project launch is set for 15 December 2026.

During the pre-launch period, buyers may register their interest and check the planned apartment options. Regular bookings should begin only after the required approvals and RERA registration are available.

The launch date is when the builder shares the final project details. These may include:

Approved master plan
Final floor plans
Apartment availability
Complete price sheet
Payment schedule
RERA number
Amenities
Specifications
Booking terms

Buyers should check the final launch documents before paying a booking amount.

New Launch Apartment Options

Prestige Falcon City Chennai offers 2, 3 and 4 BHK homes for different family needs.

Apartment Type	Size Range	Indicative Price
2 BHK	1,001 to 1,220 sq. ft.	₹1.30 Cr onwards
3 BHK Compact	1,380 to 1,550 sq. ft.	₹1.57 Cr onwards
3 BHK Large	1,750 to 2,150 sq. ft.	₹1.95 Cr onwards
4 BHK Luxury	2,450 to 2,735 sq. ft.	₹2.63 Cr to ₹3.54 Cr

The final apartment price will depend on the size, tower, floor, facing and location inside the township.

Extra costs may include floor-rise charges, parking, clubhouse fees, GST, stamp duty, registration and maintenance deposits. Buyers should ask for the full cost sheet before choosing a home.

Prestige Falcon City Chennai Master Plan

The project spans 23 acres of land. It features 22 high-rise towers with 14 upper floors.

The township is planned with around 80% open space. It will include landscaped areas, internal roads, walking paths, sports zones and family recreation spaces.

A 70,000 sq. ft. clubhouse is planned within the project. It will serve as the main indoor leisure and social space for residents.

The master plan includes:

22 apartment towers
Two basement parking levels
Landscaped gardens
Internal roads
Walking and jogging tracks
Children's play areas
Sports courts
Clubhouse
Swimming pool
Visitor parking

The final tower positions and amenity locations should be checked in the approved master plan.

Prestige Falcon City Chennai EOI

The Expression of Interest process is planned to begin on 01 December 2026. The expected EOI amount is ₹2 Lakhs and is stated to be fully refundable.

The EOI may help buyers:

Register early interest
Share their preferred apartment type
Get project updates
Receive early unit selection details
Plan a site visit
Check the launch price

An EOI is not the same as a confirmed apartment booking. Buyers should collect an official receipt and read the refund terms before making the payment.

Payment Plan

The planned Prestige Falcon City Chennai payment plan follows a 10:10:80 structure.

10% at the time of booking
10% at the agreement stage
80% linked to construction progress

The final payment schedule will be shared after the project launch. Buyers should check the milestone dates in the official cost sheet.

New Launch Location Advantage

Prestige Falcon City Chennai is located on Medavakkam–Sholinganallur Road in South Chennai.

The project is near Global Hospital and gives access to Sholinganallur, OMR, Velachery, Tambaram and 200 Feet Radial Road.

Nearby Place	Approximate Distance
Sholinganallur	5 km
Velachery	6.4 km
Tambaram	8.2 km
OMR	6 to 8 km
Chennai Airport	Around 12 km
Global Hospital	Around 2.5 km

The location may suit people working in ELCOT SEZ, Sholinganallur, Perungudi, Navalur and Siruseri.

Chennai Metro Phase II is also expected to improve travel in the Medavakkam and Sholinganallur belt. The final station distance should be checked after the route is completed.

Why Consider This New Launch?

Prestige Falcon City Chennai may suit buyers looking for a large township near the South Chennai IT corridor.

Main benefits include:

Prestige Group development
23-acre land parcel
2,170 apartments
2, 3 and 4 BHK choices
Prices from ₹1.30 crore
Near Sholinganallur and OMR
70,000 sq. ft. clubhouse
More than 60 amenities
Planned metro connectivity
Possession in December 2031

Pre-launch buyers may get a wider choice of towers, floors and apartment-facing options. However, no fixed discount of 12%, 15% or 20% has been officially confirmed.

Property appreciation and rental income are also not guaranteed. They will depend on market demand, apartment cost, location growth and project completion.