Prestige Park Street rental yield & ROI
Prestige Park Street rental yield & ROI data shows an expected gross rental yield of 3.6% to 4.2% per year and an estimated total capital ROI of 55% to 68% between its October 2026 launch and October 2030 handover. Set on Velachery 100 Feet Road in South Chennai, the 3.48-acre project features 252 luxury apartments across four towers of 18 floors each. The starting price is ₹4 Crores for a 2,280 sq. ft. 3 BHK unit, which works out to about ₹17,500 per sq. ft. Because the property has only 72 homes per acre, it gives residents extra open space and privacy. This low density helps owners find reliable tenants quickly from nearby IT hubs like Tidel Park and Ramanujan IT City.
Expected Rental Yield by Flat Size
Gross yearly rental yields at Prestige Park Street run between 3.60% and 4.20%, which brings in monthly rent between ₹1.20 lakh and ₹2.40 lakh. Strong rental demand comes straight from the Taramani tech zone just 3.2 km away, where senior IT managers want gated homes close to work.
- 3 BHK (2,280 sq. ft.): Starts at ₹4.00 Crores and brings in ₹1,20,000 to ₹1,35,000 per month, giving you an annual yield of 3.60% to 4.05%.
- 4 BHK (3,024 sq. ft.): Costs around ₹5.30 Crores and rents for ₹1,65,000 to ₹1,80,000 per month, which works out to a 3.73% to 4.07% yield.
- 4.5 BHK & 4 BHK + Family Room (3,797 to 4,288 sq. ft.): Priced from ₹6.65 Crores to ₹7.50 Crores, renting out at ₹2,10,000 to ₹2,40,000 per month for a 3.78% to 4.20% yield.
Monthly maintenance fees stay between ₹4 and ₹6 per sq. ft., helping keep your net returns steady. Having access to a large 45,000 sq. ft. clubhouse and good sports amenities makes high-paying tenants stay longer.
Price Growth & Total ROI by 2030
Early buyers at Prestige Park Street may see a total ROI of around 55% to 68% from the 2026 pre-launch stage to the planned October 2030 possession.
Property prices in the area may grow by about 7.5% to 9% each year. This could support long-term value growth, along with rental income after possession.
| Flat Type | Size (Sq. Ft.) | Pre-Launch Cost (2026) | Value at Handover (2030) | Expected Monthly Rent | Gross Yield |
|---|---|---|---|---|---|
| 3 BHK | 2,280 | ₹4.00 Crores | ₹5.45 Crores | ₹1,25,000 | 3.75% |
| 4 BHK | 3,024 | ₹5.30 Crores | ₹7.22 Crores | ₹1,70,000 | 3.85% |
| 4.5 BHK / Family Suite | 4,288 | ₹7.50 Crores | ₹10.21 Crores | ₹2,35,000 | 4.15% |
Buying at ₹17,500 per sq. ft. today gives you a good entry price before rates hit ₹23,500 to ₹25,000 per sq. ft. by 2030. Spreading your payments over four years also keeps your cash flow manageable while the building goes up.
Step-by-Step Payment Stages and Risk Safety
Prestige Park Street follows a 10-stage payment plan linked to actual construction work. Buyers pay as the project moves through each stage.
This can reduce the need for large upfront payments before major work begins. It also helps buyers match payments with the progress on site.
- Booking Deposit: You book your flat with an Expression of Interest (EOI) deposit of ₹10 Lakhs for 3 BHK, ₹15 Lakhs for 4 BHK, and ₹20 Lakhs for 4.5 BHK units.
- Stage Payments: You pay 10% tranches as the builder finishes digging, completes the two basement slabs, finishes the ground slab, and builds up to the 18th floor.
- Final Payment: You pay the last 10% only after the builder gets the Occupancy Certificate (OC) right before October 31, 2030.
Major banks like SBI, HDFC, ICICI, and Axis Bank offer home loans for this project. Prestige Group also has a strong track record of finishing buildings on schedule, which cuts project risk.
Upkeep Costs and Real In-Hand Rental Profit
Your net in-hand rental return will sit between 3.10% and 3.55% once you pay your local taxes and monthly society fees. Regular upkeep fees run between ₹4 and ₹6 per sq. ft. every month, which go directly into the society bank account.
- Daily Security: These monthly fees pay for round-the-clock guards, gate security, and full CCTV monitoring across all 3.48 acres.
- Power and Lifts: Upkeep money keeps high-speed lifts serviced, runs power backup generators, and operates clean water treatment plants.
- Club Facilities: Society funds pay staff to clean the two swimming pools, gym rooms, indoor games area, and park lawns.
Well-kept common areas stop the property from looking old and run-down over time. This high standard of upkeep lets you keep rents high and lowers the risk of flats sitting empty.
FAQs
You can expect an annual gross rental yield between 3.6% and 4.2%, with prices starting at ₹4 Crores and monthly rents ranging from ₹1.20 Lakhs to ₹2.40 Lakhs.
The project opens for booking on October 5, 2026, begins physical construction on October 25, 2026, and hands over keys to owners by October 31, 2030.
You can choose from 3 BHK, 4 BHK, 4.5 BHK with study, and 4 BHK with family room layouts, with sizes from 2,280 sq. ft. to 4,288 sq. ft.
The plan breaks your payments into 10% parts linked to on-site progress, meaning you only release money when clear construction stages are complete.
Maintenance fees will run between ₹4 and ₹6 per sq. ft. each month, leaving you with a net rental profit of roughly 3.10% to 3.55% per year.