Prestige Park Street Project Status

Published On: 6 July 2026

Prestige Park Street is in its pre-launch stage. Prestige Group is developing this project on 3.48 acres at 140 Velachery Road, Chennai 600042. Workers are currently clearing the site and setting up perimeter walls. Construction begins after the official launch on October 5, 2026.

The project will offer 252 homes across four towers, each with two basements, a ground floor, and 18 upper floors, standing nearly 66 metres tall. Buyers can track construction progress and schedule site visits directly with the sales team.

Detail	Info
Developer	Prestige Group
Location	140, Velachery Road, Velachery, Chennai 600042
Land Area	3.48 acres
Towers	4 (A, B, C, D)
Total Units	252
Configurations	3 BHK, 4 BHK, 4.5 BHK + Study, 4 BHK + Family Room
Starting Price	Rs 4 Crore (3 BHK)
Possession	31 October 2030
RERA	Awaiting TNRERA approval

The crew is currently busy with these basic tasks:

Perimeter Fencing: Workers are putting up strong walls and security gates around the land.
Layout Mapping: Engineers are tracing the exact spots where the building walls and driveways will go.
Booking Process: The sales team is taking early booking forms for the three and four-bedroom homes.
Approval Tracking: The builder has sent all paperwork to the state TNRERA registration office and is waiting for the final approval number.

What Is the Building Plan for Prestige Park Street?

The four towers are named A, B, C, and D. Each tower stands nearly 66 metres tall over a two-level basement. Full-size sample flats are being built on-site now. Buyers can walk through these model homes after the October launch.

The layout plan includes these key features:

80% Open Space: Eighty percent of the land stays open, leaving nearly 3 acres for trees and gardens.
No Cars on Ground Level: All vehicles enter a two-level basement, keeping walking areas clear of traffic.
Large Home Sizes: 3 BHK homes range from 2,280 to 2,435 sq ft. The largest 4 BHK homes go up to 4,288 sq ft.

Why Tracking the Status Helps You

Checking the live project status helps buyers and investors stay safe. It keeps the building process clear and honest.

Regular status reports offer several clear benefits:

Proof of Progress: You can see exactly what work is done. This shows the builder is keeping their promises.
Easy Financial Planning: Knowing the building steps helps you to plan your bank loans as well as down payments easily.
True Transparency: Regular reports show the builder is working openly and honestly to meet deadlines.
Simple Comparisons: You can compare this building speed with other projects to make a data-backed choice.
Lower Delay Risk: Early updates tell you if the project is on track, so you can plan your move-in day with ease.

Important Milestone Dates

The project runs on a strict 48-month schedule from the official launch to your final moving day:

December 2025: Early bird booking window opens.
October 5, 2026: Official launch day as well as the contract signing.
October 25, 2026: Heavy machinery arrives and digging starts for the basement.
October 25, 2030: Workers finish the main building structure and walls.
October 31, 2030: Final key handover and move-in day.

How to Book and Bank Details

You can hold a home now by filling out a simple intent form. You must provide your PAN card, basic identity papers, as well as a deposit check.

The deposit amounts depend on the home size:

3 BHK Layouts (2,280 to 2,435 sq ft): Prices start at four crore rupees. You pay a ten lakh rupee deposit.
4 BHK Layouts (3,024 to 3,320 sq ft): Full prices are given when you ask. You pay a fifteen lakh rupee deposit.
Largest Layouts (3,797 to 4,288 sq ft): Custom prices are given when you ask. You pay a twenty lakh rupee deposit.

Bank Details: All early booking cheques must be written to the Prestige Park Street Collection Account at ICICI Bank, Velachery Branch. The bank code is ICIC0000385.