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Prestige Park Street Price


Prestige Park Street price starts at Rs 4 Crores for a 3 BHK apartment in Velachery, Chennai, Tamil Nadu - 600042. This Prestige Group project offers 3 BHK, 4 BHK, 4 BHK + Family Room, or 4.5 BHK + Study apartments. 4 BHK and larger configurations are available on request. The current prelaunch price stands at Rs. 12,410 per sq ft, valid until 05 October 2026. You also get a flexible payment schedule across all unit types.

Below is the price list of Prestige Park Street apartments,

Unit Type Size Price
3 BHK 2,280 - 2,435 sq ft Rs. 4 Crores onwards
4 BHK 3,024 - 3,320 sq ft Price on Request
4 BHK + Family Room / 4.5 BHK + Study 3,797 - 4,288 sq ft Price on Request
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Complete Costing Details

The prices listed above are agreement charges only. They do not include registration charges, stamp duty, or GST. Tamil Nadu charges 7% stamp duty and 4% registration. Budget for about 11% on top of the agreement value. The pre-launch price is set to attract early homebuyers. The prelaunch price stands at Rs. 12,410 per square foot and is valid until 05 October 2026.

Buyers who wish to buy with Prestige Park Street prelaunch offers can pay the following EOI amount,

TYPE EOI Amount
3 BHK Rs. 10 Lakhs
4 BHK Rs. 15 Lakhs
4 BHK + Family Room / 4.5 BHK + Study Rs. 20 Lakhs

The price range for 3 & 4 BHK apartments is comprehensive, taking into account location, size, floor plan, and amenities. These detailed pricing details ensure that you are fully informed about the complete cost that will be involved when you are investing, and there will not be any other hidden charges. Buyers can explore varying housing options and get detailed pricing information by contacting the sales team or by reviewing the payment plans.

Price of Apartments in Velachery

Prestige Park Street price trends, Velachery apartments

Velachery is a well-connected residential area in South Chennai. You get proximity to Chennai airport, Guindy, and Taramani, which supports steady housing demand in the locality. New residential launches like Prestige Park Street add to your investment options in this area.

Property rates in Velachery depend on unit size, floor, and the developer's track record. You can check current price trends with our sales team or verified property portals before making an investment decision. Prestige Park Street gives you a mid-to-luxury option in a locality with established IT hub connectivity.

The price of apartments in Velachery is based on the size and the builder's reputation:

  • 1 BHK: The average cost of a 1 BHK apartment in Velachery is Rs. 48 Lakhs. Rent starts from Rs. 12,000.
  • 2 BHK: The average cost of a 2 BHK apartment in Velachery is Rs. 89 Lakhs. Rent starts from Rs. 20,000.
  • 3 BHK: The average cost of a 3 BHK apartment in Velachery is Rs. 1.25 Crores. Rent starts from Rs. 25,000.

Average price per sq ft

Flat prices in Velachery range from Rs. 7,300 to Rs. 11,600 per sq ft. The average sits around Rs. 9,400 per sq ft. Land prices run higher, from Rs. 10,350 to Rs. 14,050 per sq ft. Plot supply stays limited in this established locality, which keeps land rates firm.

Price of Apartments in Chennai

Prestige Park Street price trends, Chennai apartments

Chennai is always a happening real estate market, and the city has become a preference for a group of buyers who are actively looking to settle near established IT hubs. As major IT hubs are coming up in the city, residential property rates have seen a spike in the recent years in Chennai. In spite of fast-increasing property rates, homebuyers are still actively looking for homes in the city.

Chennai real estate draws most of its demand from IT hub employees. Recent transaction history shows Prestige Park Street and Prestige Highland Hideaway among Chennai's top-selling residential projects. As Chennai expands with the IT boom, investing now supports long-term value appreciation.

Some of the best areas to invest in flats in Chennai with a high ROI potential are as follows,

  • Guindy
  • Velachery
  • Taramani
  • Tambaram
  • Chrompet
  • Pallavaram
  • Madhavaram

The price of the apartments in Chennai varies with the location inside the city and with its size. The price of 1BHK apartments starts from Rs. 42 lakhs in Chennai, which varies with the location. A luxury 1BHK apartment unit costs start from Rs. 75 Lakhs in Chennai. The rental cost range of a 1BHK apartment starts from Rs. 10,000 in Chennai.

Prestige Park Street Payment Plan

Prestige Park Street payment plan, Velachery

The payment schedule of a housing project is called the payment plan. It is a key factor in your investment decision. It lists the payments due in instalments as construction progresses. Check the stage-wise breakdown below for this project's current payment plan.

Prestige Group offers a risk-free instalment plan for easy payments. You pay 10% of the total amount at booking. The remaining amount follows the stage-wise schedule below. This structure builds trust between the builder and the buyer.

The payment plan of Prestige Park Street will include the following instalments:

Stages of Construction Amount to be paid
Booking Advance 5%
Agreement Stage 45%
Commencement of Foundation 10%
Commencement of Basement Floor 7.5%
Commencement of Ground Floor 7.5%
Commencement of 1st Floor Roof 7.5%
Commencement of 3rd Floor Roof 5%
Commencement of 5th Floor Roof 2.5%
Commencement of 7th Floor Roof 2.5%
Commencement of 9th Floor Roof 2.5%
Completion of Flooring Respective Unit 2.5%
Handing Over of flats 2.5%
Total 100%

Chennai Real Estate Trends

Chennai real estate price trends 2026

Chennai real estate has stayed strong through market cycles, drawing steady interest from investors and homebuyers. Job growth and fast infrastructure development continue to drive demand across the city.

Chennai real estate is expected to grow through 2030, driven by fast urbanisation and investor-friendly government policies. Real estate experts see 2026 to 2030 as a strong window for investment in the city.

The prices of the properties differ with different locations inside Chennai, which is as follows,

Location Price
Nungambakkam Rs. 19,500/sq. ft.
Medavakkam Rs. 6,100/sq. ft
Siruseri Rs. 5,500/ sq ft
Saidapet Rs. 12000/ sq ft
Nanganallur Rs. 9,500/ sq ft
Avadi Rs. 5,500/sq ft
Keelkattalai Rs. 7,500/ sq ft
Urapakkam Rs. 6000/ sq ft
Pallikaranai Rs. 6,700/ sq ft
Guindy Rs. 16,000/ sq ft
Vandalur Rs. 5,000/ sq ft

The future of Chennai real estate looks promising through 2026 and beyond. The ongoing IT boom and expansion continue to drive this growth. Investors continue to look for opportunities here for capital appreciation and rental yield.

Current price on Velachery and price trends

Velachery property prices are on an upward trend and are expected to hold this pace. Strong local economic fundamentals and shifting homebuyer preferences support this outlook. Investors who enter the market now, in 2026, stand to gain considerable returns.

The price of 2BHK apartments in Velachery starts from Rs. 78 Lakhs. A luxury 2BHK apartment unit in Velachery starts from Rs. 89 Lakhs. The prices will continue to increase at a rapid rate in Velachery, making the area an ideal investment destination.

Prestige Park Street Cost Sheet

Prestige Park Street cost sheet, Velachery

Prestige Park Street Cost Sheets are not updated as the project is still in the pre-launch stage. The breakdown of apartment costs and the payment plan are the primary parts of the cost sheet.

The following components will form the total cost of the apartment:

  • Sale value
  • Carpet Area cost
  • Stamp duty
  • Registration charges
  • Build-up Area cost
  • Total Price
  • Taxes
  • Base price
  • Agreement value cost
  • Additional charges
  • Applicable GST for the Apartment

FAQS


1. What is the starting price of houses at Prestige Park Street?

The starting price of homes in Prestige Park Street is from Rs. 4 Crores onwards.

2. Will there be any hidden cost that has to be paid in the middle for my house?

All the price details are given in the cost sheet, and there will not be any hidden price that has to be paid.

3. Will whole price details be shared accurately before buying any flats in this project?

The complete cost details of the flat you are going to buy are shown in the cost sheet, and there will not be any hidden price charges.

4. Which Indian banks are giving loans to buy apartments in Prestige Park Street?

All Major Indian Banks, including HDFC, Axis Bank, ICICI, SBI, and IDBI Bank, are giving loans to buy houses here.

5. What are the payment plans for Prestige Park Street?

The project has many payment plans that include a down payment plan, paying some price now nothing till ownership, and a building linked plan.

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Disclaimer : The content is for information purposes only and does not constitute an offer to avail of any service. Prices mentioned are subject to change without notice and properties mentioned are subject to availability. Images for representation purposes only. This is the official website of authorized marketing partner. We may share data with RERA registered brokers/companies for further processing. We may also send updates to the mobile number/email id registered with us.

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