Prestige Park Street Launch Date

Early bookings are open now, letting buyers reserve a home before the public launch. To secure a spot, you need your PAN card, a government ID, and a deposit cheque.

The deposit amounts depend on the size of the home you choose:

• 3 BHK Homes (2,280 to 2,435 sq ft): Deposit Rs. 10 Lakhs. Prices start at Rs. 4 Crores.
• 4 BHK Homes (3,024 to 3,320 sq ft): Deposit Rs. 15 Lakhs. Price on request.
• 4.5 BHK + Study (3,797 sq ft): Deposit Rs. 20 Lakhs. Price on request.
• 4 BHK + Family Room (4,288 sq ft): Deposit Rs. 20 Lakhs. Price on request.

All early deposits go into a safe as well as project-specific escrow account. This protects your money before the building work begins.

You must write your checks using these exact bank details.

• Account Name: Prestige Park Street Collection Account
• Bank Name: ICICI Bank
• Branch Location: Velachery in Chennai - 600042
• Bank Code (IFSC): ICIC0000385

Prestige Park Street is awaiting its registration number from the Tamil Nadu Real Estate Regulatory Authority (TNRERA). Prestige Group has submitted building plans, engineering charts, and environmental clearances for review. The registration number will be published once TNRERA issues it. Approvals remain on track to match the October 25, 2026 construction start.

Buying a home during the early phase offers great financial perks, but you should also think about the timeline.

Major Benefits

• Lower Initial Prices: The three-bedroom starting price of four crore rupees is the lowest rate. Prices will likely go up after the official October launch.
• Best Choice of Homes: Early buyers get first pick of the best floors, tower locations, and views across the large green spaces.
• Future Value Growth: Buying now means your property value can grow as the new Metro Blue Line opens right next to Velachery Road.

Key Considerations

• Waiting Period: Your money is tied up all during the four-year building phase till the final possession in October 2030.
• Approval Timing: You can hold a home now, but you can only sign the formal sale contract after the final state registration number is issued.

The official launch happens on October 5, 2026. Heavy building work starts on October 25, 2026, and finishes on October 25, 2030. Homeowners will get their keys on October 31, 2030.

Deposits are ten lakh rupees for a three-bedroom home, fifteen lakhs for a four-bedroom home, and twenty lakhs for the largest layouts. You pay these deposits to the Prestige Park Street Collection Account at ICICI Bank, Velachery Branch. The project is waiting for its state approval number right now. Homes range from 2,280 to 4,288 square feet, and three-bedroom choices start at four crore rupees.