Prestige Park Street Price

Updated on 25 August 2026

Prestige Park Street price begins at Rs. 4 Crores for a 3 BHK home at 140, Velachery 100 Ft Road, Velachery, Chennai 600042. This Prestige Group project offers 3, 4 and 4.5 BHK + Study apartments sized between 2,280 and 4,288 sq ft. The 3 BHK opens the range at Rs. 4 Crores, while the 4 BHK + Family Room and the 4.5 BHK + Study are priced on request.

Pre-Launch Rate vs Post-Launch Pricing

Pre-launch pricing is valid until the launch on 05 October 2026. Once the formal price list is published, the post-launch cost sheet typically reflects a step-up over the pre-launch rate, along with market-led floor-rise and PLC adjustments.

Buyers entering during the pre-launch window therefore lock in an effective discount of roughly Rs 3.5 to Rs 8 Lakh per apartment against the expected post-launch entry price, depending on configuration and floor. These are indicative projections based on comparable launches in the corridor and are not a developer commitment. Booking after 05 October 2026 is at the post-launch rate.

What the Price Includes

The prices shown are the base price of the apartment. In Indian property launches, the headline price covers just the home itself. Other fees are calculated separately and add to your total purchase cost. These include parking, utility connections, legal fees, and upkeep deposits. The 3 BHK entry price of Rs. 4 Crores works out on 2,280 sq ft of saleable area. Knowing these extra costs helps buyers plan an accurate budget.

Prestige Park Street Booking and Token Amount

Buyers who wish to book with Prestige Park Street prelaunch offers can hold a unit with the following token amount,

The booking amount completes within 30 to 45 days from the token payment. The Agreement of Sale is registered after the booking amount is paid and the RERA registration is in place. Confirm the exact token value, booking amount, and refund window in writing with the sales team before transferring any money.

The price range for 3, 4 and 4.5 BHK apartments is comprehensive, taking into account location, size, floor plan, and amenities. These detailed pricing details ensure that you are fully informed about the complete cost that will be involved when you are investing, and there will not be any other hidden charges. Buyers can explore varying housing options and get detailed pricing information by contacting the sales team or by reviewing the payment plans.

Prestige Park Street All-In Cost Breakdown

The headline price is the agreement value. Buyers should plan the all-in cost including registration, stamp duty, GST on under-construction apartments, legal documentation, and the standard maintenance corpus. The worked example below uses the current Tamil Nadu statutory rates.

3 BHK – All-in cost

4 BHK and the premium formats

Base prices for the 4 BHK (3,024 – 3,320 sq ft), the 4.5 BHK + Study (3,797 sq ft) and the 4 BHK + Family Room (4,288 sq ft) are on request during the pre-launch window. The same statutory structure applies to all configurations, 7% stamp duty, 4% registration and 5% GST on the agreement value, plus legal documentation and a maintenance corpus calculated on saleable area. Once the base price for your chosen configuration is released, the all-in cost is the base price plus roughly 16% in statutory charges, before floor-rise and preferential location charges.

Tamil Nadu stamp duty applicable on an apartment purchase is 7% of the agreement value, registration is 4%, and GST is currently 5% on under-construction apartments without input tax credit. Floor-rise and PLC are quoted separately at the time of booking. Buyers should always validate the final cost sheet against the RERA-registered cost sheet at the time of booking.

Prestige Park Street Payment Plan

A payment plan sets out how the cost is paid in instalments as construction moves ahead, and it is an important part of any buying decision. Prestige Park Street is offered under construction-linked, down-payment and possession-linked flexi plans. The final plan is confirmed at booking, in line with the developer's launch-time policy.

Construction-Linked Plan (CLP)

A standard payment schedule pegged to construction milestones, running from booking through foundation, plinth, successive floor castings, finishing, and possession. This plan suits self-funded buyers who want their payment cash flow matched to visible physical progress on site.

Down-Payment / Subvention Plan

A larger upfront commitment with a fixed-step schedule. This typically attracts a developer discount on the headline price. It suits buyers with deployable cash who want to lock in prelaunch pricing in full.

Possession-Linked Flexi Plan

A smaller booking amount plus token, with the substantial portion paid closer to possession. This suits buyers on a home loan where the interest-burden cash flow during construction is a constraint.

Prestige Group offers a risk-free instalment plan for easy payments. You pay 5% of the total amount as booking advance. The remaining amount follows the stage-wise schedule below. This structure builds trust between the builder and the buyer.

The construction-linked payment plan of Prestige Park Street will include the following instalments:

The milestone ladder above is indicative and will be confirmed against the RERA-registered payment schedule at booking. Floor-casting milestones vary with the final approved tower height for each block.

Prestige Park Street Home Loan and EMI Guidance

Most major banks and housing finance companies extend home loans of up to 80% of the all-in cost on pre-approved projects. Prestige is consistently on the pre-approved list of HDFC, SBI, ICICI Bank, Axis Bank, LIC Housing Finance, Bajaj Housing Finance, and most major HFCs, usually with a streamlined disbursement process.

Indicative EMI (illustrative, 8.5% per annum, 20-year tenure)

Indicative EMIs above are calculated at 8.5% per annum nominal interest on a 240-month tenure, on an equated-monthly-instalment basis, against a loan of 80% of the indicative all-in cost. Your actual EMI depends on your credit profile, the loan tenure you choose, the exact disbursement schedule, and the bank's prevailing interest rate at the time of sanction.

Many buyers of under-construction apartments also opt for a partial-disbursement schedule, where the bank releases funds in step with construction milestones. Under this structure you pay interest only on the amount disbursed so far, rather than on the full sanctioned loan, until the final disbursement is made. This materially reduces the cash outgo during the construction period.

Standard Buyer Profile Thresholds

As a broad guide to loan eligibility at these ticket sizes:

• 3 BHK loan band, household income typically Rs 80 Lakh – Rs 1.2 Crore per annum
• 4 BHK and premium formats, the income requirement scales with the base price, which is released on request

These bands are indicative and assume a standard 80% loan-to-value with no significant existing debt obligations. Lenders assess each application on its own merits.

Home Loan for Prestige Park Street

Home loans for Prestige Park Street are expected from leading banks once RERA registration is in place, and the approved-lender list is confirmed at launch. Buyers should factor loan eligibility, the interest rate and the tenure into the total monthly outgo alongside the base price and charges.

Prestige Park Street Rental Yield Analysis

Rental yield is the most overlooked component of total return, particularly for end-users who plan to let the apartment out for a few years before moving in themselves. With possession scheduled from 31 October 2030, Prestige Park Street begins its rental run at a point when the corridor's employment density should be substantially built out.

Indicative 2030 Rental Bands

Indicative Gross Yield (on all-in cost)

Net yield is gross yield less property tax, maintenance, periodic vacancy, repairs and management cost, typically a reduction of 0.6 to 0.9 percentage points from the gross figure, which puts the 3 BHK net yield at roughly 0.4% to 1.1%. The bands are anchored on the current Velachery rental market, where a new premium apartment lets for about Rs 45,000 to Rs 65,000 a month and larger gated-community stock reaches Rs 1.8 Lakh. The conservative column assumes rents flat in real terms to 2030; the optimistic column assumes the OMR and Taramani employment base continues to tighten supply. Rental markets four years out cannot be forecast precisely, and these bands should be read as scenarios rather than projections.

Yield Comparison vs Other Asset Classes

Set against other places a buyer could park the same capital, residential rental yield in this corridor looks modest. It is worth stating that plainly:

On rental yield alone, residential real estate is below fixed deposit and bond rates. The investment case for an apartment on an appreciating corridor like Velachery rests on total return = rental yield + capital appreciation. Velachery apartment prices have risen roughly 41% to 44% over the last five years, about 7% to 7.5% compounded annually, and that appreciation is what contributes the dominant share of total return over the next four to six years. A buyer who needs income rather than growth is better served by the instruments above; a buyer with a five-to-ten year horizon is buying the appreciation, with rent offsetting carrying cost along the way.

Capital Appreciation Expectations

Velachery is a mature rather than an emerging corridor, so appreciation here is driven by constrained land supply, established civic infrastructure and transit links rather than a single infrastructure trigger. Average residential prices are projected to compound at 7% to 9% a year through 2030:

This scenario assumes Velachery continues to compound at the projected 7% to 9% a year, driven by constrained land supply and the locality's established transit and civic infrastructure. The principal risks are delays to the Chennai Metro Phase 2 corridors, a slowdown in IT hiring across the OMR and Taramani employment base, and a broader macroeconomic slowdown. Under a conservative scenario holding growth at the lower 7% end throughout, cumulative 2026 to 2030 appreciation lands closer to 31%, which remains meaningful against a base rate-adjusted opportunity cost. Past appreciation in this market does not guarantee future returns, and buyers should treat these ranges as scenarios to stress-test rather than expected outcomes.

Total Return Modelling, Illustrative 3 BHK

Bringing the all-in cost, the rental band and the appreciation curve together, here is how a 3 BHK purchase could play out for a buyer entering at the pre-launch price. Asset value is the Rs 4 Crore agreement value compounded at the projected Velachery rates above, and carried forward at 8% after 2030:

This illustrative IRR assumes a moderate appreciation scenario and full rental occupancy from possession, measured against the all-in cost of approximately Rs 4.66 Crores rather than the base price. It is shown unlevered. Because the indicative home-loan rate of 8.5% is close to the projected appreciation rate, leverage does not materially amplify the equity return in this scenario, and the outcome of a financed purchase depends on where the loan rate settles relative to the appreciation rate over the holding period. The model is illustrative only and does not account for tax on rental income, capital gains tax on exit, or transaction costs at sale.

Which Configuration Suits Which Buyer

The four configurations at Prestige Park Street serve materially different objectives. Matching the unit to your actual goal matters more than buying the largest unit the loan will support.

End-User Buyer, 3 BHK

A buyer planning to occupy from 2030 onwards, with one income servicing the home loan and a second income or corpus deploying into the locality. The 3 BHK at Rs 4 Crores base, all-in approximately Rs 4.66 Crores, is positioned for this profile. Total return here is occupied value plus the capital appreciation differential against renting comparable inventory over the same period.

End-User Investor, 4 BHK

A buyer planning to let the apartment for three to five years after possession and then convert it to self-use. The 4 BHK rental band of Rs 75,000 to Rs 1,15,000 per month offsets part of the home-loan EMI during the letting period, though not all of it at these ticket sizes. Total return is appreciation plus rental income, with the base price released on request.

Rental Investor, 3 BHK

A buyer letting the apartment rather than occupying it should go in with realistic expectations. The 3 BHK rental of Rs 45,000 to Rs 65,000 per month against an all-in cost of approximately Rs 4.66 Crores produces a gross yield of roughly 1.2% to 1.7%, and a net yield below that. This is not a yield play. The case rests on Velachery appreciating at 7% to 9% a year, with rent offsetting carrying cost rather than generating income.

Capital-Appreciation Investor, 3 BHK / 4 BHK

A buyer prioritising capital appreciation over yield, with a planned seven-to-ten year exit window. The 4 BHK + Family Room and the 4.5 BHK + Study are priced on request.

Price of Apartments in Velachery

Velachery is one of South Chennai's most established residential corridors, anchored by the Guindy Industrial Estate, the Taramani Tech Belt and the OMR IT corridor. Apartments across the locality trade between Rs 8,600 and Rs 17,050 per sq ft as of 2026, with land in the immediate catchment at Rs 6,000 to Rs 18,400 per sq ft. Against that market, the Prestige Park Street pre-launch pricing is at the premium end, consistent with its 100 Ft Road frontage, low-density plan and branded-developer status.

When comparing Prestige Park Street against other Velachery projects, check price per sq ft on carpet area rather than only super built-up area. Loading factors differ between developers, and a project that looks cheaper on super built-up can be more expensive on usable space. The projected 2030 average in the final row is a market forecast, not a committed price.

South Chennai Real Estate Trends

South Chennai's Velachery corridor is one of the city's most established property markets, and the price band at Velachery is underpinned by a set of identifiable, committed infrastructure and employment drivers rather than sentiment alone:

• Chennai Metropolitan Development Authority (CMDA) master plan framework, which governs long-term development across the catchment., the state-level planning framework anchoring long-term development across the catchment.
• The OMR IT Corridor, Perungudi and Sholinganallur, the largest concentration of IT employment in Chennai.
• Guindy Industrial Estate and the Taramani Tech Belt, Tidel Park and Ramanujan IT City, within about 3 km.
• OMR IT Corridor – the Perungudi and Sholinganallur IT parks, the largest technology employment cluster in Chennai.
• Chennai Metro Phase 2, corridors extending toward SIPCOT and Sholinganallur, easing the OMR commute.
• MRTS extension, Velachery MRTS Station is about 800 m from the site, on the network into the city centre.

Velachery is an established rather than an emerging corridor, so price movement here tracks citywide South Chennai trends rather than a single infrastructure trigger. The luxury segment is currently appreciating at roughly 11% per annum. Demand remains strong across apartments, plotted land and commercial space.

That said, market values fluctuate, infrastructure timelines slip, and past appreciation does not guarantee future financial returns. Buyers should verify the current status of each of the projects listed above independently before treating them as committed catalysts.

Prestige Park Street Booking Process

From first site visit to key handover, the booking journey runs through ten stages:

Pricing Cautions Every Buyer Should Read

Pre-launch pricing carries specific risks that do not apply to a ready or RERA-registered project. Before committing money, note the following:

• Validate against RERA. Once the RERA number is issued, the RERA-registered cost sheet supersedes all pre-launch indications, including every figure on this page. Always cross-check.
• Floor-rise and PLC are quoted at booking. Higher floors and preferred view or corner positions carry slabs that are only quoted at the time of booking. Factor these into your budget rather than working from the base rate.
• GST is subject to change. GST on under-construction apartments is currently 5% without input tax credit. Any change in the GST regime is passed through to the buyer.
• Maintenance corpus is one-time, not recurring. The corpus shown in the all-in cost tables is a single payment at handover to the Apartment Owners' Association. Recurring monthly maintenance is charged separately and is not included in any figure above.
• Pre-launch validity is time-bound. The pre-launch base rate is valid until 05 October 2026. Bookings after that date are at the post-launch rate.
• Do your own due diligence. Validate land title, project approvals, RERA registration, encumbrance certificate, and the developer's parent-company filings before any financial commitment. Consider an independent legal review of the AOS.

How to Get the Prestige Park Street Cost Sheet

The complete Prestige Park Street cost sheet is available upon request by submitting the online enquiry form. This detailed document breaks down the base price along with every additional charge for your chosen unit layout. The developer will release the full cost sheet alongside the official price list at the project launch.

Why Prestige Park Street Is Worth the Investment

Several key factors make Prestige Park Street a strong investment choice at its pre-launch stage:

• Established South Chennai address: on Velachery 100 Ft Road, 800 m from Velachery MRTS Station and 7.3 km from Chennai International Airport.
• Low-density format: 252 residences across 4 towers on 3.48 acres, roughly 72 units per acre, against the 110 – 130 typical of comparable South Chennai high-rises.
• Entry pricing: 3 BHK homes from Rs 4 Crores, the entry configuration in the project.
• The Prestige name: one of India's largest developers, with a long delivery record.
• Early-buyer rate: the pre-launch rate is offered ahead of the launch price list.

As a pre-launch project, buyers should weigh these against the pending RERA registration and the indicative nature of the pricing.

Price FAQs

Starting prices by configuration, the indicative per-sq-ft rate, and the charges that sit on top of the base price. All figures below are pre-launch and indicative until the developer publishes the formal price list.