New launch Prestige Group

Prestige Palm Court

New launch apartments project by Prestige Group at Madhavaram, Chennai, with 1, 2, 3 BHK of 637 to 1,887 sq ft, priced ₹67 L onwards. About 910 to 940 homes on 7.98 acres, possession December 2030 (RERA).

Get price list & brochureSee sizes & prices
₹67 L onwards637 to 1,887 sq ft
About 910 to 940 homes7.98 acres
December 2030 (RERA)Possession

Prestige Palm Court: project overview

Madhavaram, Chennai · Apartments · New launch · Updated 3 November 2026

Prestige Palm Court is a new launch of about 910 to 940 homes on roughly 8 acres at Madhavaram, North Chennai, announced in August 2026 with an estimated development value of about ₹1,330 crore. Homes are 1, 2 and 3 BHK from about 637 to 1,887 sq ft.

Prices range from about ₹67 lakh to ₹1.99 crore. Madhavaram is where Chennai Metro Phase 2 (Corridor 3) begins, and the Outer Ring Road and Red Hills Road are close by, which makes this one of the better-connected new launches in the north.

In short: Prestige Palm Court offers 1, 2, 3 BHK of 637 to 1,887 sq ft, priced ₹67 L onwards, on 7.98 acres with about 910 to 940 homes. It is at the new launch stage, with possession December 2030 (RERA).

Prestige Palm Court is a new launch. Launch-phase prices and payment plans are usually the most favourable, but check the RERA registration, the approved plan and the registered completion date for your tower before paying the booking amount.

LocationMadhavaram, Chennai
DeveloperPrestige Group
StatusNew launch
TypeApartments
Price₹67 L onwards
Land7.98 acres
HomesAbout 910 to 940 homes
PossessionDecember 2030 (RERA)

Prestige Palm Court price list, sizes and configurations

Home types, areas and indicative prices.

ConfigurationSizePrice
1 BHKabout 637 sq ft₹67 L onwards
2 BHKmid-size planson request
3 BHKup to about 1,887 sq ftup to about ₹1.99 Cr

Prices are indicative as of 3 November 2026 and exclude taxes, stamp duty, registration, parking and other charges. They vary by floor, facing and view. Ask for a written unit-wise quote.

₹10,518Indicative rate per sq ft at the entry price
₹46,515Monthly EMI on an 80% loan of ₹54 L at 8.5% for 20 years
₹6 LApproximate stamp duty and registration at ~9% of the entry price (Tamil Nadu: 7% + 2%)

These are illustrations based on the starting price, not quotes. In Tamil Nadu, stamp duty and registration on under-construction homes are usually levied on the land share (UDS) and construction agreement separately; your actual cost depends on the guideline value and unit.

What to ask for before you book

  • A written, unit-wise cost sheet for Prestige Palm Court with base price, floor-rise or PLC, parking, club membership, maintenance deposit, taxes and registration.
  • The RERA carpet area for the exact unit, not just the super built-up area. Carpet area is the fairest number to compare across projects.
  • The payment schedule and the milestones that trigger each instalment, plus any offers on the payment plan.
  • The registered completion date for your specific tower or phase and the delay-compensation clause in the agreement.

Planning your budget

Beyond the home price, set aside stamp duty (7%) and registration (2%) on the applicable value in Tamil Nadu, GST of 5% on under-construction homes where applicable, and one-time charges for club membership, maintenance deposit, corpus fund and EB/water connections. Most banks lend up to 75-90% of the property value depending on the loan size, so plan the balance from your own funds. Make sure both your EMI and the construction-linked instalments fit comfortably before you sign.

Request floor plans & cost sheet

Prestige Palm Court EMI calculator

Move the sliders to see the monthly EMI, total interest and upfront cash you would need.

EMI calculator

Monthly EMI—
Loan
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Total interest
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Down payment
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Stamp duty + reg. (~9%)
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Illustrative only. Your bank decides the final rate and eligibility.

Who Prestige Palm Court is best for

A quick way to tell whether this project fits your plans.

First-time buyers

Entry pricing around ₹67 L keeps a branded home within reach on a joint home loan.

Working professionals

Close to the employment hubs of North Chennai, so the commute stays manageable.

Early-stage investors

Launch-phase pricing and flexible payment plans usually give the most room for appreciation by possession.

Amenities at Prestige Palm Court

Lifestyle and everyday facilities planned for the community.

Highlights

  • Clubhouse with gym
  • Swimming pool
  • Indoor games
  • Multipurpose courts
  • Landscaped central greens
  • Kids' play area

Everyday essentials

  • Gated entry with 24/7 security and CCTV
  • Power backup for common areas and lifts
  • Rainwater harvesting, STP and water treatment
  • Visitor parking and drop-off zones

Amenity lists describe the finished project. Ask which facilities will be ready at handover and which follow in later phases, and check the monthly maintenance charge that will pay for them.

Prestige Palm Court location and connectivity

Madhavaram, Chennai

Madhavaram is a North Chennai hub where Metro Phase 2 begins, near the Madhavaram bus terminus, Red Hills Road and the Outer Ring Road.

Perambur, Madhavaram, Kolathur and Korattur: an under-supplied part of the city now seeing large branded launches thanks to new metro lines and the Outer Ring Road.

DestinationDistance / time
Madhavaram metro (Phase 2)about 2 km
Madhavaram bus terminusabout 2 km
Peramburabout 6 km
Outer Ring Roadabout 5 km
Chennai Centralabout 10 km

Approximate, and dependent on traffic. Drive the route at your usual commute hour before deciding.

Investment potential of Prestige Palm Court

What supports demand here, and what to keep in mind.

The main reasons buyers shortlist Prestige Palm Court are: Prestige brand in North Chennai; 1 BHK entry option; and Metro Phase 2 terminus nearby. On the other side of the ledger, the points to weigh are: Possession 2030; and High unit count.

For apartments, resale value depends on the micro-location, the size of the community (more homes means more resale competition) and the quality of construction and maintenance over time. Rental demand follows jobs, so check the distance to the nearest major employment hub at peak hours.

Prices are still lower than comparable South Chennai locations, and the neighbourhoods are well established, with railway stations, markets, schools and hospitals. Buyers who work in the city centre, Ambattur or the northern industrial belt find the commute shorter than from OMR.

A few rules apply to every purchase: compare the effective price per sq ft of carpet area across your shortlist, check the developer's delivery record on similar projects in Chennai, and model returns with conservative appreciation and realistic rent. This is general information, not financial advice.

Why buyers shortlist Prestige Palm Court, and what to weigh

A balanced view to take into your site visit.

Reasons buyers consider it

  • Prestige brand in North Chennai
  • 1 BHK entry option
  • Metro Phase 2 terminus nearby
  • Lower prices than the south

Points to weigh before booking

  • Possession 2030
  • High unit count
  • North Chennai rental yields vary
  • Early-stage construction

Design and specifications

How the homes are planned, and what to check on your visit.

Planning highlights

  • Prestige Group construction and quality control
  • Vitrified tiles in living areas; anti-skid tiles in wet areas (confirm)
  • Kitchen with utility area; balconies off living and master bedroom
  • Lifts with power backup and full DG backup for common areas

On your site visit

  • Walk through the model flat and note standard vs upgrade finishes
  • Ask for the specification annexure that will be part of your agreement
  • Check sun path, view and noise for your exact floor and facing
  • Confirm the maintenance charge per sq ft and when it starts

About the developer: Prestige Group

Prestige Group was founded in Bengaluru in 1986 and is listed on the NSE and BSE. It develops residential, office, retail and hospitality projects across South India, Mumbai, Delhi-NCR and Hyderabad.

In Chennai, Prestige has expanded quickly with large communities in Pallavaram, Madhavaram and Velachery. Its homes typically carry a brand premium and benefit from the developer's long delivery record and strong resale recognition. Prestige Palm Court is part of the developer's current pipeline in Chennai.

See all Prestige Group projects in Chennai →

1986Founded in Bengaluru
200+Projects delivered
ListedNSE and BSE
Pan-IndiaResidential, office, retail, hotels

How booking works

The usual path from first enquiry to registration for Prestige Palm Court.

Enquire and shortlist

Share your budget and configuration. You'll get the current price sheet and availability for Prestige Palm Court.

Visit the site

Tour the sales gallery and model home, and check the location at your commute hour.

Book and sign

Pay the booking amount to the developer, receive the allotment letter and sign the agreement for sale.

Pay and register

Pay instalments as per the schedule, then complete stamp duty and registration at the sub-registrar office.

Pay booking and instalment amounts only by cheque, DD or bank transfer into the project's designated account in the developer's name, and keep the official receipt for every payment. Never pay an individual directly.

RERA registration and legal checks

Prestige Palm Court RERA status: TNRERA/29/BLG/0265/2026. Search the number on the official Tamil Nadu RERA website (rera.tn.gov.in) to confirm the promoter name, sanctioned plan, number of units registered and declared completion date before you pay anything. RERA also requires developers to keep 70% of buyer collections in a separate project account, to state carpet area, and to compensate buyers for delays.

Documents worth asking for

  • RERA registration certificate and the approved building plan (CMDA / DTCP)
  • Parent title documents and a 30-year encumbrance certificate
  • Planning permission and environmental clearance where applicable
  • Draft agreement for sale, construction agreement and the specification annexure
  • List of banks that have approved the project for home loans

Prices, dates and specifications are indicative and subject to change. Please confirm the latest details before booking. See Disclaimer.

Similar projects to compare

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Prestige Palm Court: FAQs

Where is Prestige Palm Court located?

Prestige Palm Court is at Madhavaram, Chennai. Madhavaram is a North Chennai hub where Metro Phase 2 begins, near the Madhavaram bus terminus, Red Hills Road and the Outer Ring Road.

Who is the developer of Prestige Palm Court?

Prestige Palm Court is developed by Prestige Estates Projects Ltd.

What is the price of Prestige Palm Court?

Prestige Palm Court is priced ₹67 L onwards. Prices exclude GST (where applicable), stamp duty, registration and other charges, and vary by floor, facing and view.

What configurations are available at Prestige Palm Court?

1 BHK: about 637 sq ft; 2 BHK: mid-size plans; 3 BHK: up to about 1,887 sq ft.

What is the RERA number of Prestige Palm Court?

TNRERA/29/BLG/0265/2026. Verify it on the Tamil Nadu RERA website (rera.tn.gov.in) before paying.

When is possession at Prestige Palm Court?

December 2030 (RERA).

How big is Prestige Palm Court?

Land: 7.98 acres. Homes: About 910 to 940 homes. Structure: 5 towers, G+20 floors.

What amenities does Prestige Palm Court offer?

Clubhouse with gym, swimming pool, indoor games, multipurpose courts, landscaped central greens.

What is nearby Prestige Palm Court?

Madhavaram metro (Phase 2) (about 2 km); Madhavaram bus terminus (about 2 km); Perambur (about 6 km); Outer Ring Road (about 5 km).

Is Prestige Palm Court a good investment?

It depends on your horizon. In its favour: Prestige brand in North Chennai; 1 BHK entry option. The main trade-off: Possession 2030. Compare carpet-area prices with nearby projects before you decide.

What is the EMI for Prestige Palm Court?

On an 80% loan against the entry price at 8.5% for 20 years, the EMI would be about ₹46,515 per month. Use the calculator on this page to change the loan, rate and tenure.

How do I get the Prestige Palm Court price list and floor plans?

Use the enquiry form on this page. We'll send the current price sheet, floor plans and payment plan, and arrange a site visit.

Ask about Prestige Palm Court

Tell us the configuration, your budget and when you'd like to move in. We'll reply with availability, the price sheet and a visit slot.

Get the price sheet

Share your number and we'll send the current price list, floor plans and payment plan.