Prestige Park Street Construction Status
Prestige Park Street construction status is currently in the pre-launch site setup stage as of September 2026, with boundary fencing finished and ground leveling work completed across its 3.48-acre land area in Velachery, Chennai. The project will bring 252 luxury flats built across 4 residential towers having 2 basements, a ground floor, and 18 upper floors (B1 + B2 + G + 18).
Tamil Nadu Real Estate Regulatory Authority (TNRERA) registration is in process ahead of the public launch set for October 5, 2026. Heavy civil building work on site will begin on October 25, 2026, when digging for the dual basements and foundation starts. Key handover and final move-in dates start from October 31, 2030, which gives the builder a four-year window to finish all works.
Current Site Preparation and On-Site Mobilization
The site preparation status shows that workers have put up tin sheets on all sides and cleared the entire 3.48-acre plot, while soil test teams have drilled holes to check rock depth for the 4 towers. Diggers, dump trucks, and safety lights are already on the land so that deep digging can start without any wait.
- Land clearing – Wild bushes and loose earth are cleared across the full 3.48-acre site.
- Soil test reports – Soil samples are checked to help engineers design the two basement levels.
- Site sheds and gates – Steel gates, guard cabins, and project offices are ready at the entry.
- Machines on site – Big excavators and survey trucks are parked and waiting for the October 25 start.
Deep ground digging will start right after RERA issues the final registration paper and the project opens for booking.
Structural Blueprint and Tower Configuration
The project uses solid concrete walls and strong cement blocks for the main structure. With only 72 homes planned per acre, the layout gives residents more open space around the towers. The project has 4 towers, each with 2 basement levels, a ground floor, and 18 upper floors. Home sizes range from 2,280 sq. ft. to 4,288 sq. ft., giving buyers a choice of spacious layouts.
| Construction Details | Project Facts |
|---|---|
| Land Size | 3.48 Acres (Velachery, Chennai) |
| Towers and Height | 4 Towers (2 Basements + Ground + 18 Floors) |
| Total Flats | 252 Luxury Units |
| Flats per Acre | 72 Units per Acre |
| Home Sizes | 3 BHK, 4 BHK, 4.5 BHK & 4 BHK + Family Room |
| Flat Area Range | 2,280 to 4,288 sq ft |
| Clubhouse Size | 45,000 sq ft Club Building |
| Work Start Date | October 25, 2026 |
| Possession Date | October 31, 2030 |
The towers are spaced well apart so that most of the ground stays open for green lawns, walk tracks, and a big central club.
Construction-Linked Payment Milestones and Work Stages
The construction plan is split into 10 clear payment stages. Work is expected to start with ground digging in late 2026 and move step by step toward the final Occupancy Certificate by October 31, 2030.
At each stage, buyers pay 10% after the completed work is checked and approved by the project engineers. This links payments to the progress made at the site.
- Steps 1 & 2 (October 2026) – Pay the booking advance and sign the sale agreement as civil work starts.
- Step 3 (Late 2026 to Early 2027) – Finish digging the earth out for the two basements.
- Steps 4 & 5 (2027) – Pour concrete for the base plinth and lay the two basement floor slabs.
- Steps 6 & 7 (2028 to 2029) – Cast the ground floor slab and build all 18 floors going upward.
- Steps 8 & 9 (2029 to Mid 2030) – Lay floor tiles inside flats and complete water pipes and electrical lines.
- Step 10 (October 2030) – Get final government site checks done and collect your flat keys.
This step-by-step plan helps buyers pay only when visible brick and concrete work finishes on the ground.
Statutory Clearances and TNRERA Approval Status
The legal approval status indicates that the developer's TNRERA application is under state review ahead of the October 5, 2026 public launch. This official permit ensures all building maps, deep basement walls, and safety plans follow Chennai city rules.
- RERA number – The real estate authority will list the formal approval number on its web portal soon.
- Sanctioned floor maps – Floor plans and fire escape paths match local master plan rules.
- Bank escrow safety – The builder must keep 70% of buyer money in a separate bank account just for construction costs.
- Time limits – The government filing fixes the handover date to protect home buyers from long delays.
Getting these permits in place helps site work run smoothly without legal stops once machines start digging.
FAQs
Prestige Park Street is in its early site preparation stage right now in September 2026, with boundary fences up and ground leveled for work starting October 25, 2026.
Flat handovers are set to start from October 31, 2030, which gives a clear four-year window to build and finish the project.
The TNRERA registration is being processed by the authority right now, and the final number will come out before October 5, 2026.
The project offers 3 BHK (2,280 sq ft), 4 BHK (3,024 sq ft), 4.5 BHK + Study (3,797 sq ft), and 4 BHK + Family Room (up to 4,288 sq ft) across 4 towers.
Main civil construction will kick off on October 25, 2026, about three weeks after the project's official launch.
Track the site as work begins
Ask our team for the latest site photographs, milestone dates and the current TNRERA filing status for Prestige Park Street.