Prestige Park Street Completion Date

Prestige Park Street's completion date is October 31, 2030, giving homebuyers their keys exactly four years after site building starts on October 25, 2026. Built by Prestige Group, this community sits on 3.48 acres of land and holds 252 homes across 4 residential towers. Each building has two basement floors for parking, a ground level, and 18 residential floors.

The site keeps daily life quiet by placing only 72 homes on each acre. You can pick from 3 BHK flats starting at 2,280 sq ft up to large 4.5 BHK flats that measure 4,288 sq ft.

Starting prices begin at ₹4 Crores, which works out to about ₹17,500 per sq ft before the official launch on October 5, 2026. The builder is currently filing papers with local housing authorities so that all legal approvals are in place before workers dig the first trench.

The official RERA end date gives the builder an extra 6 to 12 months after their October 31, 2030 promise. The government adds this grace period so that sudden heavy rains, street work, or slow water pipe hookups do not land the project in legal trouble.

You sign a sale agreement that links every payment directly to real work done on-site, not simple calendar months. If the builder misses the promised deadline, Section 18 of the RERA law forces them to pay you monthly cash interest until they hand over your keys.

Foundation work is expected to start on October 25, 2026. The project is planned over about 48 months. Modern construction methods will be used to build the towers and concrete walls.

• Phase 1: Digging & Base Work (October 2026 – June 2027): Workers dig out two basement parking levels and pour the heavy concrete base.
• Phase 2: Building Up the Towers (July 2027 – December 2028): Cranes put up the ground floor and all 18 upper floors across the four towers.
• Phase 3: Pipes, Wires & Glass (January 2029 – September 2029): Teams run the water lines, lay power cables, fit fire pipes, set up lifts, and fix the windows.
• Phase 4: Tiles, Paint & Green Yards (October 2029 – July 2030): Crews lay the floor tiles, paint inside walls, finish switchboards, and plant garden lawns.
• Phase 5: Safety Tests & Getting Your Keys (August 2030 – October 31, 2030): City inspectors test water and power lines before the builder hands over the front-door keys.

The construction-linked payment plan splits the total cost into 10 stages. Buyers make each payment as the work moves forward. Each payment is linked to a clear stage of construction, so it is easier to track the progress and plan your budget.

Because payments depend on actual site work, your bank keeps your monthly interest small during the first two years of building.

A Completion Certificate (CC) confirms that the building matches the approved plans. An Occupancy Certificate (OC) confirms that the building is ready and safe for people to live in. Buyers should wait for the official OC before moving in or making major interior changes. It may also be needed to get an individual electricity connection.

• Completion Certificate (CC): City building officers hand this over after checking building height, fire truck driveways, and outer boundary open spaces.
• Occupancy Certificate (OC): Water and fire departments hand this over after testing drinking water pipes, working fire hoses, and clean waste systems.
• Fire & Pollution NOCs: Official passes from state fire squads and air quality boards confirming the building passes state safety checks.
• Possession Letter: A signed company letter giving you personal ownership of the flat and your marked basement car parking slots.
• Sale Deed Registration: The final government visit to the sub-registrar office to put your name on the government land records as the full owner.

Prestige Group plans materials and construction work to help keep the project on schedule. Large projects also use steps to manage delays caused by weather or other issues.

• Rainwater Control: Pumps and drainage systems help remove rainwater from the site during heavy rains.
• Early Material Orders: Steel, cement, and other key materials can be ordered early to help avoid supply delays.
• Early Approvals: Building documents can be submitted in advance so required fire, power, and other checks can be completed on time.
• Project Bank Account: Under RERA rules, 70% of the money collected from buyers is kept in a separate bank account for the project, as required by law.