Prestige Park Street is a new luxury housing project in Chennai by the Prestige Group, strategically located in Velachery, South Chennai. The total area of the project is over a massive 5 acres. It includes 2 towers hosting 480 units of premium , 2, and 3 BHK apartments. The floor sizes of apartments here range between 685 to 1650 sq ft. The prices start at 85 Lakhs.
The Prestige Park Street location is 140, Velachery Road, Velachery, Chennai, Tamil Nadu 600042. The location is well connected with Guindy (3.9 km), Taramani (3.2 km), and Pallikaranai (5.9 km), ensuring easy connectivity to all key destinations.
Prestige Park Street Velachery, the new launch apartment project of 2025 in Velachery, is a top-notch apartment project in South Chennai. The project boasts 80% open space that adds to the efficiency of the building footprint and adorns 2 Vaastu-compliant apartment towers with 2B+G+30 upper floors.
The luxury apartments in Velachery at Prestige Park Street are available in various floor sizes. The following are the size details with their price quotes,
- 1 BHK - 685 sq ft, Starting Price from Rs. 85 Lakhs onwards
- 2 BHK - 845 sq ft, Starting Price from Rs. 1.31 Crores onwards
- 3 BHK - 1650 sq ft, Starting Price from Rs. 1.98 onwards
- An opulent, Low-density, high-rise project on 5 acres with just 480 well-ventilated homes
- 80% open space with cross-ventilation architecture for a cool ecosystem
- Includes 2 Towers with 30 Floors
- Designed by a much-admired architectural brand
- 45+ best state-of-the-art amenities featuring clubhouse, gymnasium, spa, swimming pool, mini theatre, and more
- Located close to the upcoming Phase 2B of the Metro Blue Line
- Located very close to the IT hubs of Chennai and Chennai airport
- Tower 1: 30 floors, 86.25 meters in height, with 240 units
- Tower 2: 30 floors, 86.25 meters in height, with 240 units
Prestige Group’s latest launch, the Prestige Park Street reviews, are excellent, as analysed by the Property Experts of Chennai. The project is among the top 10 apartment projects in Chennai and has a rating of 9.6 out of 10. Prestige Velachery Apartments are reviewed to be the top option for those looking for a luxurious lifestyle in Chennai's vibrant Velachery locality. Prestige Park Street Brochure encompasses all the complete details of the project, including its floor plan, master plan, and amenities.
The Prestige Park Street project is awaiting the RERA approval from the Karnataka RERA Board. Prestige Park Street RERA number will be added soon after it gets the approval.
The launch date of Prestige Park Street, Prestige Velachery 's ongoing project, is 05 October 2026. The prelaunch apartment bookings are open now. The construction will start on 25 October 2026. It will be completed in four years. The Completion Date is 25-10-2030, and the possession date is 31 October 2030.
- Prelaunch Date: December 2025
- Launch Date: 05 October 2026
- Completion Time: 4 Years
- Possession Date: 31 October 2030
- Account Name: Prestige Park Street Collection A/c
- Bank: ICICI Bank
- IFSC Code: ICIC0000385
- Branch: Velachery , Chennai - 600042
The Expression of Interest (EOI) in Prestige Park Street will commence soon, and the builder will give priority to the buyers who have submitted the EOI form.
- 1 BHK – Rs. 3.5 Lakhs
- 2 BHK - Rs. 7 Lakhs
- 3 BHK - Rs. 9.5 Lakhs
Bankable cheques accepted
Required Documents - Aadhar Card, PAN Card
Project Highlights
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Configuration
| Unit Type | Size | Price |
|---|---|---|
| 1 BHK | 685 sq ft | Rs. 85 lakhs |
| 2 BHK | 845 sq ft | Rs. 1.31 Crores |
| 3 BHK | 1650 sq ft | Rs. 1.98 Crores |
Master Plan
Master Plan
Amenities
Gymnasium
Swimming Pool
Yoga Pavilion
Video Door Phone
Kids Activity Zone
Mini Theater
Tennis Court
Indoor Games Room
Club House
Dance/Music
24/7 CCTV Monitoring
Jogging Track
Location
Address:
Velachery , Chennai
Pin Code: 600042
The address of the Prestige Park Street is 140, Velachery Road, Velachery, South Chennai, Tamil Nadu 600042. The location of a project always plays a critical role in making it one of the top landmark addresses in Chennai. The upcoming apartment project, Park Street, is a gated community in a prime location that has easy access to top schools, colleges, IT hubs, and hospitals.
Velachery is a popular area in the south zone of Chennai. The area is famous due to its proximity to the Chennai airport. Also, properties are available in all size ranges and price ranges in the area. This upcoming project will soon be launched in the Velachery area by the Prestige Group.
Some highlights of the location of Prestige Park Street, which is one of the top prelaunch projects in South Chennai, are as follows,
- Prime Location
- Awesome Connectivity
- Emerging Social Infrastructure
- The project location is connected through the 100 Feet Road, Taramani Link Road and Velachery Main Road. The Five Furlong Road adds a good transport network to all areas.
- Near major IT parks of the city, like TIDEL Park, Ascendas IT Park, and Olympia Tech Park
- The proposed T-Shaped Flyover includes a circular roundabout at the 100 Feet Road–Velachery Main Road junction, which will improve the connectivity of the area.
- Near the Chennai Airport (14 minutes)
- Near a major railway station: Velachery Railway Station – 800 m, and it is just 1 minute away
- Near major bus terminals: Velachery Bus Stop – 900 m away
- Near major schools in the area, like D.A.V. Public School, AGR Global School, and Sri Chaitanya Techno School
- Near major hospitals like Prashanth Super Speciality Hospital, Velachery KS Hospital, and BloomLife Hospital.
- Near major shopping areas, Phoenix Marketcity, Palladium, and Forum Mall.
Park Street is one of the top 10 prelaunch apartment projects in Chennai that will be launched in 2025 with luxury housing units. The prime location near the presence of tech giants like TCs, CTS, and Capgemini brings a host of job opportunities, which makes Velachery an attractive location.
Prestige Park Street's prime location highlights its immense potential as a prime real estate destination, which has good access to all areas of Chennai through MTC buses, trains, and metros.
Access to metro stations: The project location has direct access to the Guindy Metro Station, and metro trains are available at frequent intervals to travel to all areas of the city. The upcoming metro stations under the southern extension of Corridor 1 are nearby.
Access to the Chennai airport: The project location is near Chennai Airport, with a travel time of 14 minutes. The airport can be reached easily through the GST Road from the project location.
Access to railway stations: Velachery Railway Station is very near at just 1 minute from this project location. Guindy Railway Station is also nearby, which has a travel time of 8 minutes.
Access to SH 49: The State Highway crosses near the project location, and it helps daily commuters to work. It also gives easy access to major schools, shopping areas, work hubs, and colleges.
Access to NH 32: The national highway passes near this project location, which connects with Tambaram and Chengalpattu. The highway connects to major bus stands, provides easy access to all IT hubs, and helps daily travellers.
Prestige Park Street's location in Velachery is the prime highlight of the project, as the area’s booming infrastructure and promising real estate growth make it an attractive option for investors. Velachery’s strategic location and future projects ensure the project remains a top choice in 2025 for real estate investment in Chennai.
About
Prestige Park Street Velachery is a futuristic township project by Prestige Group that comprises apartments of all sizes for a perfect dream home. The project seamlessly combines modern comforts with an international lifestyle. Every comfort is added in a serene setting by the builder, which makes it the best place to reside for every generation.
The meaning of Park Street is that the project has world-class amenities and lush green areas in a vibrant community atmosphere, which is similar to a theme park. Whether you are unwinding by the pool or strolling through tree-lined pathways, experience the charm of a big park right at your doorstep.
Enjoy thoughtfully designed modern leisure spaces that are suitable for all ages with smart surveillance. The project is set to redefine the level of luxury living in the South of Chennai. Step into a world of elegance with Prestige Park Street, where sophistication meets modern luxury.
Velachery
Velachery is Chennai's top investment hub with good connectivity and fast real estate growth. After the IT boom, the area got a lot of attention. The area is admired for being the IT corner of Chennai, and so it attracts real estate investments. The upcoming 3 km Flyover on Velachery Main Road and the T Shaped Four Lane Flyover will improve the transport network of the area further, which will result in increased property prices.
Investing in Velachery can be an attractive option due to its strategic location near the major IT hubs of Chennai and promising growth potential. The area also hosts the best schools, malls, and shopping zones, which attract a lot of families to settle here. With all of the location advantages, buyers of urban houses will surely experience a complete quality of life in Velachery.
- The upcoming T Shaped Four Lane Flyover will improve road access and will increase real estate prices
- Easy access to the Chennai airport in just 14 minutes
- The easy access to key roads and highways like NH 32, OMR, Sardar Patel Road, 100 Feet Road, and SH 49
- The proposed T Shaped Four Lane Flyover is near the area, which will decrease traffic.
- There are a lot of IT hubs in the area, including Tidel Park, ITPC, and Olympia Tech Park, which will increase job offers and real estate value also increases.
- The upcoming southern extension of Corridor 1 in the area will improve the metro network further, which will result in increased property prices.
- The property rates are growing by 10% in Velachery, which has the potential for high returns.
- High rental income in the area, with a 4.9% increase in rents each year
- Good resale value for properties in the area, as it is near the Chennai airport and major IT hubs.
Prestige Park Street Velachery is the best apartment project with prime location benefits and excellent connectivity. As the project is near the Chennai Airport, it is developing at a fast rate. If you wish to invest in any apartments in a prime location of Chennai with the potential for huge returns, then Prestige Park Street is the best option.
Chennai
Chennai is a hotspot for all real estate investments with its expanding IT sector and excellent connectivity. Investors find the city appealing due to the high rental yields. The job offers from major IT hubs and the potential for high returns are the major causes for the rapid growth of the Chennai real estate market. Over the years, this city has given long-term gains for all buyers.
If you are considering investing in Chennai, it is important to focus on areas with higher growth potential. The city is known for budget-friendly properties with high-return options in developing areas. From IT hubs to upcoming suburban zones, areas like Velachery will promise great returns.
The benefits of investing in Chennai city real estate are as follows,
Economic Growth - The presence of leading IT hubs gives a consistent demand for housing. As IT hubs continue to expand, the demand for housing spaces remains high. It makes the city a heaven for real estate investments.
Emerging Real Estate - The real estate market of Chennai is growing with an increase of 5% in property prices annually. Investing now will pave the way to getting good returns in the future.
High Rental Income - As a lot of people move to the city in search of jobs, the demand for houses is high, which results in high rental income. Investors in prime areas can reap a huge rental yield.
Prestige Park Street Chennai is the top option to invest in if you are searching for a property to invest in a prime area with the potential for high returns. If buyers are looking to invest in the best luxury apartments in Chennai, then Prestige Park Street is the best option to consider.
RERA
RERA, also known as the Real Estate Regulatory Authority, was passed by the Indian government in the year 2016 to protect the rights of homebuyers. Before RERA, there were no strong rules over the builders. But RERA aims to make transactions between buyers and developers in a fairer way. After the Act, investments started to increase in the real estate market.
To improve trust, buyers will have access to all detailed data about a project, and they can verify the related documents at any time. Builders are accountable for the timely possession of properties on the promised dates. Also, RERA requires builders to sell properties based on the actual size, which will result in transparency.
No more Delay - All projects must be done at the correct time, and no delays should be there. If the builder fails to give houses on the specified dates, they have to pay a penalty.
Legal Protection - All the projects under RERA are with clear legal titles. So, buyers are free from all legal issues, and if found, buyers can raise complaints against the builder.
Transparency - Builders must give correct details to the buyers while promoting their new project. They must not give any false ads, and if found, the buyers can complain against them.
Prestige Park Street RERA is pending right now, and buyers can book their homes with the prelaunch offers as the prelaunch booking is open now.
Apartments
An apartment is an independent housing unit that occupies a part of a tall building. The word “apartment" comes from the French word, and it means “separate place." Even though all the apartments are stuck together in a building, they are apart from each other. Apartments usually come with shared common features that have to be used by all the residents.
Apartment living is preferred in big cities are they are located in prime areas with quick access to colleges, schools, malls, and offices. Also, big gated communities come with advanced security options and modern amenities like party halls, spas, clubhouses, gyms, swimming pools, café, and much more. As these units are affordable with a high resale value, a lot of people prefer to invest in them.
Prestige Park Street apartments are located in the prime area of Velachery in all sizes, ranging from 1BHK to 3BHK. Prestige Park Street model apartments are located on the project site in Velachery , and buyers can take a look at them before they wish to invest in an apartment in the project.
Resort-Style Amenities: The project has 45+ modern resort-style amenities that include a pet zone, a café, a skating rink, a gym, party halls, a park, a pool, a spa, and much more, which makes the project the best option to invest.
Various sizes: The project has flats of all sizes to suit families of all sizes. The sizes of flats start from 685 sq. ft and range up to 1650 sq. ft. to meet the needs of all buyers.
Affordable Price: The prices of the flats start from Rs. 85 Lakhs and range up to Rs. 1.31 Crores, which is very reasonable when compared to other projects in the area.
Prestige Group
Prestige Group is a top and known real estate builder in India that has been known for building quality projects since its start in 1986. Irfan Razack, the Chairman of Prestige Group, has received a lot of awards as Prestige Group is performing as the best builder under his leadership. Now, they have a presence across 12 cities in India and have finished 300+ projects till now.
- Better Commitment to quality
- Best buyer-centric approach
- Always meet correct deadlines in handing over the homes to buyers
- Innovative and future thinking
- Always place the buyer's needs first
Upcoming projects are the houses that will be launched as new in the real estate market in the future. The projects are with many offers, as it is in an early stage. In 2025, Prestige Group launched many new projects in Chennai, including,
Prestige Pallavaram Gardens is a new apartment project on Pallavaram - Thoraipakkam Radial Road, South Chennai. The project spans over 21.8 acres. There are 21 towers in the project that have 2,069 luxury flats. The flats are presented in 2, 3, and 4 BHK units in a size range of 1001 to 2750 sq ft. The price list starts at Rs 1.2 Crores.
Prestige Palm Court is an apartment project that is located in Madhavaram, Chennai. The project spreads over 8 acres, and there are 800 luxury units. There are 860 units in 1,2,3, and 4 BHK sizes. The project has 4 towers and it has 4 buildings with 19 floors. Each floor will have 5 flats. The size of the flats is from 750 sq. ft to 3431 sq ft. The price list starts from Rs. 75 Lakhs.
Ongoing projects are those where the project's building work is still ongoing, but the Occupancy Certificate has not been given yet. So, possession is not possible for these houses. In Chennai, a lot of projects are now ongoing by Prestige Group that include,
Prestige Windsor Park is an ongoing apartment project in Vanagaram, Chennai. The project spans over a massive space of 5.77 Acres. There are 637 ultra luxury apartments. The project has 6 high towers, and each tower has B+G+13 Floors. The project has 1BHK, 2BHK & 3BHK size housing units, and the floor plan starts from 650 sq ft. The RERA Number of Windsor Park is TN/29/Building/0448/2020.
Completed projects are those where the full project work has been finished. After that completion certificate is given for the project as the full property is ready to use. In Chennai, many projects are finished by Prestige Group, and a few of them include
Prestige Bella Vista is a ready to move apartment project in Iyyappanthangal, Chennai. The project extends over 25 acres. The project has 20 high towers that rise up to the sky. The price list starts from Rs. 52 Lakhs to Rs. 1.87 Crores. There are 2613 luxury units in the project in 1,2,3, and 4BHK sizes.
The size of the flats is as follows,
- 1 BHK Flat - 600. 0 Sq. Ft.
- 2 BHK Flat - 1166. 0 Sq. Ft. to 1494. 0 Sq. Ft.
- 3 BHK Flat - 1804. 0 Sq. Ft. to 2047. 0 Sq. Ft.
- 4 BHK Flat - 2277. 0 Sq. Ft. - 2621. 0 Sq. Ft.
Prestige Courtyards is a ready to move apartment project in Sholinganallur, Chennai. The project extends over 11 acres, and it has 548 luxury units for sale in this project. The project offers 1, 2, 2.5, and 3BHK sizes that start from 599 sq. ft. for a 1BHK and go up to 1869 sq. ft. for a 3 BHK. The project has 11 high rise towers, each with B+G+3 floors.
Prestige Silver Springs is a ready to move villa project that is in Sholinganallur, Chennai. The property sprawls over 18 acres, and there are 77 luxury units in the project. The price of a 2BHK villa starts from Rs. 1.3 Crores, and a 3BHK Villa starts from Rs. 2.88 Crores.
The project has villas in 2 and 3 BHK sizes as follows,
- 2BHK Villa - 1249. 0 Sq. Ft.
- 3 BHK Villa - 6023. 0 Sq. Ft. to 6108. 0 Sq. Ft.
FAQS
The project is located on Velachery in South Chennai.
There are 480 units in this project over an area of 5 acres.
The project has flat sizes that range from 685 to 1650 sq ft.
The starting range price of flats is from Rs. 85 Lakhs onwards.
The launch date of this project is 05 October 2026, and possession is on 31 October 2030.
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