Prestige Park Street Completion Date

Buyers can expect possession by October 31, 2030. The builder hands over homes after finishing the main structure and required approvals. Construction officially starts on October 25, 2026, three weeks after the project's launch on October 5, 2026. The four-year construction period covers all four towers, along with standard quality checks before possession.

Prestige Park Street is currently awaiting RERA approval. Prestige Group has submitted building plans and land documents to the Tamil Nadu Real Estate Regulatory Authority (TNRERA). The registration number will be published once TNRERA issues it. Meanwhile, buyers can book through the Expression of Interest (EOI) process to secure priority before the public launch.

The project offers 3 BHK, 4 BHK, 4.5 BHK, and 4 BHK + Family Room homes across 3.48 acres. 80% of the property is kept as open green space. The site has four towers named A, B, C, and D. Each tower has two basements, a ground floor, and 18 upper floors, reaching nearly 66 metres.

The home sizes and prices are set up like this:

• 3 BHK Apartments: 2,280 to 2,435 sq ft. Prices start at Rs. 4 Crores.
• 4 BHK Apartments: 3,024 to 3,320 sq ft. Price available on request.
• 4.5 BHK + Study: 3,797 sq ft. Price available on request.
• 4 BHK + Family Room: 4,288 sq ft. Price available on request.

The biggest advantage is the low crowd level. There are only 252 homes spread across nearly 3.5 acres. The location is also fantastic. It sits near the upcoming Metro Blue Line, the Chennai Airport, and major tech hubs like Guindy and Taramani. You also get access to over 45 modern amenities. These include a huge clubhouse, a high-end gym, a spa, a pool, and a mini-theater.

On the downside, the cost is quite high. A starting price of Rs. 4 Crores means this project is mainly for wealthy buyers and top executives. Also, you have to wait a bit right now. Active building cannot start until TNRERA gives the final green light and issues the registration number.

Yes, it is a very strong long-term investment. Large pieces of land are extremely rare in central Velachery. Because of this, property values here tend to hold strong and grow. Data from 2026 shows that IT workers from the nearby OMR tech corridor really want luxury homes. They prefer secure, gated communities over buying empty plots. If you buy early during the pre-launch, you get a better entry price. History shows that top-tier builders see big price jumps as they finish different stages of the building over the four years.

To book a home early, you need to pay an Expression of Interest (EOI) deposit. You must also provide valid copies of your Aadhaar Card and PAN Card. The builder takes cheques that go straight into a safe escrow account made just for this project.

The booking amounts depend on the home size you want:

• 3 BHK Homes: Rs. 10 Lakhs
• 4 BHK Homes: Rs. 15 Lakhs
• 4.5 BHK / 4 BHK + Family Room: Rs. 20 Lakhs

Official Banking Details:

• Account Name: Prestige Park Street Collection A/c
• Bank Name: ICICI Bank
• IFSC Code: ICIC0000385
• Branch: Velachery, Chennai - 600042