Velachery, Chennai
Brigade Stellaris
₹4.49 Cr onwards
- Homes
- 3, 4, 5 BHK · 2,033 to 6,885 sq ft
- Campus
- 284 homes
- Possession
- December 2030 (RERA); December 2028 (target)
RERA: TNRERA/29/BLG/0052/2026
Pre-launch Prestige Group
Prestige Park Street
Pre-launch apartments project by Prestige Group at Velachery 100 Ft Road, Chennai, with 3, 4 BHK (indicative) of 2,280 to 4,288 sq ft (indicative), priced About ₹4 Cr onwards (indicative). About 210 to 252 homes (reports vary) on 3.48 acres, possession About October 2030 (indicative).
About ₹4 Cr onwards (indicative)2,280 to 4,288 sq ft (indicative)
About 210 to 252 homes (reports vary)3.48 acres
About October 2030 (indicative)Possession
Prestige Park Street: project overview
Velachery 100 Ft Road, Chennai · Apartments · Pre-launch · Updated 3 November 2026
Prestige Park Street is a pre-launch Prestige Group project on 3.48 acres at 140 Velachery Road (the 100 Ft Road), on land acquired from Arihant. Reports describe a low-density plan with most of the site kept open and roughly 210 to 252 homes.
Configurations and prices have not been officially published. The most widely reported plan is 3 and 4 BHK homes of about 2,280 to 4,288 sq ft from around ₹4 crore. Treat all figures as indicative until TN RERA registration, and do not pay more than an expression-of-interest amount before it.
In short: Prestige Park Street offers 3, 4 BHK (indicative) of 2,280 to 4,288 sq ft (indicative), priced About ₹4 Cr onwards (indicative), on 3.48 acres with about 210 to 252 homes (reports vary). It is at the pre-launch stage, with possession About October 2030 (indicative).
Prestige Park Street is at the pre-launch stage. Details such as prices, sizes and the final number of homes can change until the project is registered with TN RERA. Pay only a refundable expression-of-interest amount until registration, and get every commitment in writing.
LocationVelachery 100 Ft Road, Chennai
DeveloperPrestige Group
StatusPre-launch
TypeApartments
PriceAbout ₹4 Cr onwards (indicative)
Land3.48 acres
HomesAbout 210 to 252 homes (reports vary)
PossessionAbout October 2030 (indicative)
Prestige Park Street price list, sizes and configurations
Home types, areas and indicative prices.
| Configuration | Size | Price |
|---|---|---|
| 3 BHK | 2,280 to 2,435 sq ft | about ₹4 Cr onwards |
| 4 / 4.5 BHK | up to 4,288 sq ft | on request |
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.
₹17,544Indicative rate per sq ft at the entry price
₹2,77,703Monthly EMI on an 80% loan of ₹3.2 Cr at 8.5% for 20 years
₹36 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 Park Street 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.
Prestige Park Street EMI calculator
Move the sliders to see the monthly EMI, total interest and upfront cash you would need.
EMI calculator
Monthly EMI—
- Loan
- —
- Total interest
- —
- Down payment
- —
- Stamp duty + reg. (~9%)
- —
Illustrative only. Your bank decides the final rate and eligibility.
Who Prestige Park Street is best for
A quick way to tell whether this project fits your plans.
Upgraders and HNI families
Large-format homes in a scarce location suit families moving up from an older apartment, and buyers who value address and privacy.
Working professionals
Close to the employment hubs of South 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 Park Street
Lifestyle and everyday facilities planned for the community.
Highlights
- Large clubhouse (planned)
- Swimming pool
- 45+ outdoor amenities (reported)
- Landscaped podium
- Sports courts
- Children's play areas
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 Park Street location and connectivity
Velachery 100 Ft Road, Chennai
Velachery is a fully built-up South Chennai neighbourhood with the MRTS railway, Phoenix Marketcity, top schools and hospitals. Guindy, Taramani's tech parks and OMR are a short drive away. New land here is scarce, so launches are few and premium.
Velachery, Pallavaram, Pammal, Kovilambakkam and the Tambaram belt: established neighbourhoods close to the airport, GST Road and the Velachery-Tambaram Radial Road.
| Destination | Distance / time |
|---|---|
| Velachery MRTS | about 1 km |
| Phoenix Marketcity | about 2 km |
| Guindy | about 5 km |
| Taramani tech parks | about 4 km |
| Chennai airport | about 10 km |
Approximate, and dependent on traffic. Drive the route at your usual commute hour before deciding.
Investment potential of Prestige Park Street
What supports demand here, and what to keep in mind.
The main reasons buyers shortlist Prestige Park Street are: Prestige brand in central Velachery; Low density on 3.5 acres; and Close to Guindy and Taramani. On the other side of the ledger, the points to weigh are: RERA awaited; details may change; and Conflicting reports on configuration.
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.
Further south, Tambaram, Thirumudivakkam and Kovilambakkam offer the larger land parcels that make big gated communities possible, with suburban rail, the Outer Ring Road and the Chennai Bypass close by. Prices range from about ₹5,000 per sq ft at the edges to well over ₹15,000 per sq ft in Velachery.
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 Park Street, and what to weigh
A balanced view to take into your site visit.
Reasons buyers consider it
- Prestige brand in central Velachery
- Low density on 3.5 acres
- Close to Guindy and Taramani
- Strong rental demand
Points to weigh before booking
- RERA awaited; details may change
- Conflicting reports on configuration
- High ticket size
- Long horizon to 2030
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 Park Street is part of the developer's current pipeline in Chennai.
1986Founded in Bengaluru
200+Projects delivered
ListedNSE and BSE
Pan-IndiaResidential, office, retail, hotels
Prestige Park Street gallery
Representative images. Ask for the latest official renders and site photographs.
How booking works
The usual path from first enquiry to registration for Prestige Park Street.
Enquire and shortlist
Share your budget and configuration. You'll get the current price sheet and availability for Prestige Park Street.
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 Park Street RERA status: Awaited. 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
If Prestige Park Street doesn't fit your budget or timeline, these are worth a look.
Pallavaram-Thoraipakkam Radial Road, Chennai
Prestige Pallavaram Gardens
₹1.2 Cr onwards
- Homes
- 2, 3, 4 BHK · 1,001 to 2,735 sq ft
- Campus
- 2,069 homes
- Possession
- December 2028 (target); December 2029 (RERA)
RERA: TN/35/Building/0224/2025
Pammal, Pallavaram, Chennai
Casagrand Reva
₹58 L onwards
- Homes
- 2, 3, 4 BHK · 997 to 2,522 sq ft
- Campus
- About 450 homes
- Possession
- April 2029 (target); May 2030 (RERA)
RERA: TN/1/Building/0179/2025
Prestige Park Street: FAQs
Where is Prestige Park Street located?
Prestige Park Street is at Velachery 100 Ft Road, Chennai. Velachery is a fully built-up South Chennai neighbourhood with the MRTS railway, Phoenix Marketcity, top schools and hospitals.
Who is the developer of Prestige Park Street?
Prestige Park Street is developed by Prestige Estates Projects Ltd.
What is the price of Prestige Park Street?
Prestige Park Street is priced About ₹4 Cr onwards (indicative). Prices exclude GST (where applicable), stamp duty, registration and other charges, and vary by floor, facing and view.
What configurations are available at Prestige Park Street?
3 BHK: 2,280 to 2,435 sq ft; 4 / 4.5 BHK: up to 4,288 sq ft.
What is the RERA number of Prestige Park Street?
Awaited. Verify it on the Tamil Nadu RERA website (rera.tn.gov.in) before paying.
When is possession at Prestige Park Street?
About October 2030 (indicative).
How big is Prestige Park Street?
Land: 3.48 acres. Homes: About 210 to 252 homes (reports vary). Structure: High-rise towers.
What amenities does Prestige Park Street offer?
Large clubhouse (planned), swimming pool, 45+ outdoor amenities (reported), landscaped podium, sports courts.
What is nearby Prestige Park Street?
Velachery MRTS (about 1 km); Phoenix Marketcity (about 2 km); Guindy (about 5 km); Taramani tech parks (about 4 km).
Is Prestige Park Street a good investment?
It depends on your horizon. In its favour: Prestige brand in central Velachery; Low density on 3.5 acres. The main trade-off: RERA awaited; details may change. Compare carpet-area prices with nearby projects before you decide.
What is the EMI for Prestige Park Street?
On an 80% loan against the entry price at 8.5% for 20 years, the EMI would be about ₹2,77,703 per month. Use the calculator on this page to change the loan, rate and tenure.
How do I get the Prestige Park Street 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 Park Street
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.