Prestige Park Street New Launch

The Prestige Park Street new launch price starts at Rs. 4 Crores for a 3 BHK home. The project features 252 apartments across four configurations, detailed below. The design consists of four towers named A, B, C, and D. These towers follow Vaastu guidelines. Each tower has two basements, a ground floor, and 18 upper floors. The towers stand nearly 66 metres tall.

Here is a breakdown of the home sizes and prices:

• 3 BHK Homes: 2,280 to 2,435 sq ft. Prices start at Rs. 4 Crores.
• 4 BHK Homes: 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.

Prestige Park Street sits at 140, Velachery Road, close to Chennai's key business hubs. A short drive reaches major IT hubs and the Chennai Airport. The project is close to Taramani (3.2 km), Guindy (3.9 km), and Pallikaranai (5.9 km). Travel will get even easier once the Blue Line Metro Phase 2B opens nearby. This will cut future commute times to central Chennai. This makes it a strong home base for working professionals. See the full Prestige Park Street location map for more on connectivity.

The builder has kept 80% of the land as open space. Residents get access to a clubhouse, health spa, gym, swimming pool, and mini-theater. With 80% open space and only 252 homes, the community stays low-density.

You can browse Prestige Park Street new launch photos and renders on the gallery page. This helps before your site visit.

The biggest advantage is space and privacy. With only 252 homes across 3.48 acres, residents get more room than typical high-density projects nearby. Buyers also get Vaastu-compliant layouts and Prestige Group's track record across Chennai and Bangalore.

The main consideration is price. Starting at Rs. 4 Crores, this project sits at the premium end for Velachery. The project is also still awaiting its RERA registration number from TNRERA. Buyers should factor in this pending approval before committing to a booking.

Velachery has limited land left for large new developments, which supports long-term demand in the area. Prestige Park Street's low unit count of 252 homes across four towers sets it apart from denser projects in the same stretch. Early EOI booking lets buyers lock in pre-launch pricing before the official launch on October 5, 2026. Possession is scheduled for October 31, 2030.

Buyers often ask about Prestige Park Street new launch rent potential. Rent levels in Velachery for similar 3 BHK homes generally start near Rs. 25,000 a month. This reflects the wider area, not project-specific figures. The project has no rental history yet, since it is still in the pre-launch stage. Actual rent will depend on the finished unit and the building's amenities.

To book your spot early, you need to pay a deposit based on the home size you want. You also need to submit copies of your PAN Card and Aadhaar. The builder accepts bank cheques made out to the project's secure account.

Early booking deposits:

• 3 BHK Homes: Rs. 10 Lakhs
• 4 BHK Homes: Rs. 15 Lakhs
• 4.5 BHK & Larger: Rs. 20 Lakhs

Banking Details:

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