Prestige Park Street saleable area explained

Prestige Park Street saleable area ranges from 2,280 square feet to 4,288 square feet across 252 homes on a 3.48-acre land parcel at 140 Velachery 100 Feet Road, Chennai. This total billed space covers 3 BHK, 4 BHK, and 4.5 BHK homes across four towers, each built with two basements, a ground floor, and 18 residential levels. Because over 80% of the land is open green space, a fair share of the shared gardens, clubhouse, and walking tracks gets added to each flat.

Your total bill uses this number by combining your real room floor area with a loading factor of 24% to 25%. This extra space pays for your share of wide corridors, four lifts per tower, grand ground-floor lobbies, and 45 community amenities. For example, in a standard 2,280 sq. ft. 3 BHK home, you get about 1,710 sq. ft. of private indoor space, while the other 570 sq. ft. covers the shared parts of the building. Your monthly maintenance fee is also calculated on this full saleable size. Car parking slots in the basement are given separately and are not added into this square footage.

Components Included in Prestige Park Street Saleable Area Calculation

The saleable area at Prestige Park Street combines your inside room floor space with an equal share of the common building parts across the four towers. The builder uses this simple formula to give every buyer a clear, itemized bill.

• Inside Usable Floor Space: The bare floor you can walk on inside your front door, including your living room, bedrooms, study, kitchen, and bathrooms.
• Private Balconies and Utility Areas: The closed-in outdoor spots attached directly to your living hall or kitchen.
• Internal and Outer Wall Space: The physical space taken up by your room partition walls and boundary pillars.
• Shared Tower Utilities: Your shared cut of the lift shafts, fire escape stairs, power rooms, and large reception lobbies.

Prestige Park Street 3 BHK, 4 BHK, and 4.5 BHK Saleable Area Specifications

Prestige Park Street builds luxury 3 BHK, 4 BHK, and 4.5 BHK homes, starting from a solid 2,280 square feet up to 4,288 square feet. These homes are placed across Towers A, B, C, and D so each floor stays quiet and uncrowded.

These layouts give large families plenty of room, with separate entry foyers, wide balconies, dedicated home office or staff spaces, and private utility zones for washing machines.

Prestige Park Street Loading Factor and Carpet Area Deductions

The loading factor at Prestige Park Street is kept between 24% and 25%, showing the exact gap between your private carpet area and your final billed size. This percentage is normal for prime Chennai towers that feature large entry lounges and fast lifts.

Saleable Area = Carpet Area × (1 + Loading Factor)

Or simply: Saleable Area = Carpet Area + (Carpet Area × Loading Percentage)

In a regular 2,280 sq. ft. 3 BHK unit, you live in roughly 1,710 sq. ft. of clean indoor space. The remaining 570 sq. ft. buys your share of the four lifts, ground floor sitting areas, and clubhouse facilities.

Impact of Saleable Area on Maintenance and Operational Expenses

Monthly maintenance fees at Prestige Park Street are charged per square foot of your total saleable area, which sets your everyday running cost. In contrast, property tax and stamp duty charges are handled separately based on land share and state rules.

• Regular Monthly Maintenance: The apartment association charges you every month on your full saleable area to pay for lift power, water pumps, and garden care.
• One-Time Sinking Fund: This reserve pool is calculated by multiplying your saleable square footage by a set rate at the time of key handover.
• Basement Parking Spaces: Car spots are marked and sold as separate items, so they do not add to your flat's saleable number.

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