Prestige 3 BHK Apartments in Velachery

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Prestige 3 BHK apartments in Velachery, Chennai 600042 give buyers a range of choices, from Prestige Group's own pre-launch project to nearby completed and upcoming townships. Velachery connects South Chennai's IT corridor with established schools, hospitals and rail links.

These homes suit tech professionals who want space and a short commute. Buyers should compare project status, saleable area and price per configuration rather than assume a fixed return, since resale and rental outcomes vary by project and market conditions.

Some of the Top Prestige 3 BHK Apartments in Velachery


Prestige Park Street


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Prestige Park Street is Prestige Group's new pre-launch project at 140 Velachery Road, Velachery, Chennai 600042. It spans 3.48 acres across four towers, with 80% of the land kept as open space.

The project offers 3 BHK, 4 BHK, 4 BHK + Family Room and 4.5 BHK + Study configurations. Saleable area runs from 2,280 to 4,288 sq ft. The 3 BHK starts from Rs 4 Crore; larger configurations are available on request.

Early booking opened in December 2025. The official launch is set for 5 October 2026, with possession by 31 October 2030. Tamil Nadu RERA approval is applied for and pending.

  • 3 BHK: 2,280–4,288 sq ft range*, Rs 4 Cr onwards
  • 4 BHK: 2,280–4,288 sq ft range*, price on request
  • 4 BHK + Family Room: 2,280–4,288 sq ft range*, price on request
  • 4.5 BHK + Study: 2,280–4,288 sq ft range*, price on request

*Exact size per configuration is not yet published.

Prominent Prestige Projects Across Chennai


Prestige Medavakkam


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Prestige Medavakkam is a gated community on Medavakkam Main Road, about 7.0 km from Velachery. It spans 26 acres with 22 towers, offering 2 and 3 BHK homes. Prices range from Rs 95 Lakh to Rs 2.40 Crore. The project launched in February 2026, with TN-RERA approval in process and possession expected by December 2031.

  • 2 BHK: Sizes on Request — ₹95 Lakhs onwards
  • 3 BHK Luxury: Sizes on Request — ₹1.45 Cr onwards

Prestige Pallavaram Gardens


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Prestige Pallavaram Gardens is a lake-view township on the Pallavaram–Thoraipakkam road link, about 9.4 km from Velachery. It spans 21 acres with 2,069 apartments in 2, 3 and 4 BHK configurations. Sizes range from 1,061 to 2,735 sq ft, priced from Rs 1.32 Crore to Rs 3.55 Crore. It was pre-launched in July 2025, with possession expected by December 2029.

  • 2 BHK: 1,061 sq. ft. — ₹1.32 Cr onwards
  • 3 BHK Luxury: 1,438 sq. ft. — ₹1.75 Cr onwards
  • 4 BHK Luxe: 2,735 sq. ft. — ₹3.55 Cr onwards

Prestige Perumbakkam


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Prestige Perumbakkam is a residential project in the OMR IT belt, about 10.8 km from Velachery. It spans 11 acres, offering 2, 3 and 4 BHK homes with a multi-tier clubhouse and smart-home features. Sizes run from 1,050 to 2,450 sq ft, priced from Rs 88 Lakh to Rs 2.10 Crore. It launched in early 2026, with TN-RERA approval in process and structural possession expected by mid-2031.

  • 2 BHK: 1,080 sq. ft. — ₹88 Lakhs onwards
  • 3 BHK Luxury: 1,610 sq. ft. — ₹1.35 Cr onwards

Prestige Courtyards


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Prestige Courtyards is a completed, ready-to-move project in Sholinganallur, about 12.1 km from Velachery. It spans 11.32 acres with 548 apartments in 1, 2, 2.5 and 3 BHK configurations. Sizes range from 599 to 1,869 sq ft, priced from Rs 44 Lakh onwards. It is RERA-registered under TN/01/BUILDING/0069/2018 and fully handed over.

  • 2 BHK: 1,240 sq. ft. — ₹83 Lakhs onwards
  • 3 BHK Luxury: 1,640 sq. ft. — ₹1.40 Cr onwards

Prestige Palm Court


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Prestige Palm Court is a mixed-use township in Madhavaram, about 24.5 km from Velachery. It spans 8.5 acres across 4 towers with 860 apartments and a retail complex. The homes come in 1, 2 and 3 BHK, sized 650 to 1,750 sq ft, priced from Rs 75 Lakh to Rs 1.85 Crore. It is TN-RERA approved, launched in late 2025, with structural possession expected by October 2030.

  • 2 BHK: 1,120 sq. ft. — ₹92 Lakhs onwards
  • 3 BHK Luxury: 1,680 sq. ft. — ₹1.40 Cr onwards

The Rising Demand for Premium 3 BHK Homes in South Chennai


Velachery is a fast-growing part of South Chennai. Demand for 3 BHK flats is rising as the area links IT hubs directly with OMR and Guindy, cutting daily travel time for workers.

  • Strong Infrastructure: Malls, schools and hospitals sit within easy reach.
  • More Space: Buyers increasingly choose 3 BHK layouts to fit a home office.
  • Build Quality: High-rise towers from established developers use stronger materials and modern safety systems.

FAQs


1. What is the starting price for Prestige 3 BHK apartments in Velachery?

Prestige Park Street's 3 BHK starts from around Rs 4 Crore. Nearby Prestige projects in other parts of South Chennai, such as Prestige Falcon City Chennai in Medavakkam and Prestige Pallavaram Gardens, offer 3 BHK homes at lower price points, so buyers should compare each project's cost sheet directly.

2. Is Prestige Park Street RERA approved?

No. Tamil Nadu RERA approval has been applied for and is still pending.

3. Does Prestige Park Street have buyer reviews yet?

Not yet. The project is still in the pre-launch stage, so no units have been delivered or occupied.

4. How far is Prestige Medavakkam from Velachery?

Prestige Medavakkam is around 7.0 km from Velachery, via Medavakkam Main Road.

Prestige Park Street Blog


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