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Prestige Park Street Velachery is a new residential Apartments development project launched in Velachery in Chennai. Ensuring that residents enjoy both breathtaking landscape and connectivity to the rest of the city. The project is thoughtfully designed with top-notch amenities.
The project covers an impressive 3.48 acresland area and offers a variety of luxurious and spacious living options. You can choose from 1 BHK - sqft - 685 sqft, 2 BHK - sqft - 845 sqft, 3 BHK - sqft - 1650 sqft, - sqft - sqft, - sqft - sqft Apartments, all designed to meet your needs for comfort and style. Prestige Park Street Velachery contains a total of ~210 units units, distributed across 2 towers, each standing tall with 15 floors floors. This ensures plenty of choices for families, singles, and everyone in between.
For more information about layout and design details, comprehensive information about the master plan and floor plans please refer the sections below.
Expected to be ready for occupancy by 31 October 2030, Prestige Park Street Velachery is developed by Prestige Constructions, a reputable name in the industry known for completing numerous projects accross Chennai. Their commitment to quality, timely delivery, and reliability allows you to invest in your new home with confidence.
Prestige Park Street Velachery comes with world class amenities to fill your essential and affluent needs. Residents can take advantage of a fully equipped gymnasium, clubhouse, and a swimming pool. For those who enjoy recreational activities, there are indoor games, a jogging track, and beautifully landscaped gardens. Children will have their own dedicated play area to explore and enjoy. Retail spaces add convenience for everyday shopping needs. A designated party area makes it easy to celebrate special occasions with family and friends.
Prestige Park Street Velachery promotes a lifestyle that embraces nature. With ample open space, residents can enjoy a sense of luxury and tranquility surrounded by greenery. The project is designed to provide a comfortable living experience, complemented by 24/7 security for the safety and peace of mind of all residents.
Prestige Park Street Velachery excels in connecting you to the external world as well. Located in Velachery.
Velachery is one of South Chennai's most established residential and commercial neighbourhoods, governed by the Greater Chennai Corporation and built up over the last two decades on the back of the city's IT growth. It sits between the Inner Ring Road, the Grand Southern Trunk (GST) Road and the OMR technology belt, which gives it the feel of a self-contained suburb rather than a fringe locality.
Rail is Velachery's standout advantage. The Velachery MRTS station, at the junction of Velachery Main Road and the Inner Ring Road, is operational and among the busiest on the network, and the long-awaited MRTS extension from Velachery to St Thomas Mount began services in March 2026, adding stops at Puzhuthivakkam and Adambakkam and knitting the OMR suburbs into the wider suburban and metro grid. A dedicated Velachery station on Chennai Metro Phase 2 is still under construction, so for now the MRTS, buses and the road network carry the load. Taramani, Tidel Park and the OMR IT parks are a short hop away, as are Guindy and the CBD along GST Road.
Social infrastructure is mature. Phoenix Marketcity on Velachery Main Road is one of the city's largest malls and anchors retail and dining, while schools such as DAV Public School and St Britto's Academy and hospitals including Dr Kamakshi Memorial Hospital and Prashanth Super Speciality Hospital serve residents. IIT Madras and the green expanse of Guindy National Park lie just to the north.
The locality suits IT professionals working along OMR and Taramani, and families who value ready infrastructure over a quieter fringe. The honest trade-offs are real: Velachery Main Road sees heavy peak-hour congestion, and the low-lying land near Velachery Lake has a long-standing reputation for waterlogging in an intense monsoon, so drainage and floor level are worth checking before you buy. As a mature market, pricing has less headroom than emerging suburbs; listing platforms such as 99acres place average apartment values near Rs 9,500 per sq.ft, with premium projects going higher.
Among live options, Velachery includes launches such as Prestige Park Street. PropNewz tracks new project launches and price movement across Velachery so buyers can compare them side by side.
Whether you’re searching for a new family home or an independent living space full of vibrancy, Prestige Park Street Velachery has something for everyone. Don't miss out on the opportunity to be part of this exceptional community.
All this enhanced life experience comes with the affordable and competitive prices. For details on pricing please refer to the pricing table below or contact us for exclusive offers.
Prestige Park Street Velachery offers 1, 2 & 3 BHK apartments from Rs 85 L across 3.48 acres in South Chennai with 80% open space, 45+ amenities and.
Prestige Park Street Velachery is an upcoming residential development by Prestige Group located at 140, Velachery Road, Velachery, Chennai, Tamil Nadu 600042. The project spans 3.48 acres and is planned with 2 towers rising up to 15 floors, designed to deliver approximately 210 units of premium urban living within a gated environment.
The configuration mix at Prestige Park Street Velachery includes 1 BHK (685 sqft) priced from Rs 85 Lakhs onwards; 2 BHK (845 sqft) priced from Rs 1.31 Cr onwards; 3 BHK (1650 sqft) priced from Rs 1.98 Cr onwards. Possession is currently expected by 31 October 2030, with launch and bookings to be opened post the regulatory approvals process.
Velachery is one of South Chennai's most established residential neighbourhoods, with strong connectivity to Anna Nagar, T Nagar, OMR and the upcoming Metro Phase 2B Blue Line. The 3.48-acre parcel is located on Velachery Road and is within minutes of Velachery Railway Station, Phoenix MarketCity, Vandalur Zoo and the IT corridor at Taramani. Designed for low-density, premium living, the project offers approximately 80% open space across two towers, balancing the urban convenience of Velachery with a quieter resort-style residential plan.
Prestige Group, founded in 1986, is among India's most credible real estate developers with a portfolio spanning over 290 projects across residential, commercial, retail, hospitality and integrated townships. The group is publicly listed (BSE: PRESTIGE) and known for on-time delivery, build quality, and design-led architecture. Its recent multi-city expansion across Bengaluru, Hyderabad, Mumbai, Chennai, Goa and the NCR continues to be a dominant theme in the Indian luxury and premium residential market.
Prestige Park Street Velachery is currently in the pre-launch / Expression of Interest stage. RERA registration is awaited and pricing for some configurations may be on request until launch. To get the latest brochure, floor plans, cost sheet, and site visit slot, fill the contact form below and a Propnewz advisor will reach out with verified information.
No TN-RERA registration number was confirmed for this project at the time of writing, which is common at the pre-launch stage but means the protections that come with registration are not yet in place. Before you pay any booking amount, including an EOI, check rera.tn.gov.in yourself and search by the promoter name to see whether a registration has since been issued. If a number is quoted to you verbally, on a brochure, or on a microsite, treat it as unverified until you have found it on the portal and matched the promoter's legal entity name, the declared project extent, and the declared completion date.
Prestige Park Street Velachery is located in Velachery, Velachery.
Velachery is one of South Chennai's most established residential and commercial neighbourhoods, governed by the Greater Chennai Corporation and built up over the last two decades on the back of the city's IT growth. It sits between the Inner Ring Road, the Grand Southern Trunk (GST) Road and the OMR technology belt, which gives it the feel of a self-contained suburb rather than a fringe locality.
Rail is Velachery's standout advantage. The Velachery MRTS station, at the junction of Velachery Main Road and the Inner Ring Road, is operational and among the busiest on the network, and the long-awaited MRTS extension from Velachery to St Thomas Mount began services in March 2026, adding stops at Puzhuthivakkam and Adambakkam and knitting the OMR suburbs into the wider suburban and metro grid. A dedicated Velachery station on Chennai Metro Phase 2 is still under construction, so for now the MRTS, buses and the road network carry the load. Taramani, Tidel Park and the OMR IT parks are a short hop away, as are Guindy and the CBD along GST Road.
Social infrastructure is mature. Phoenix Marketcity on Velachery Main Road is one of the city's largest malls and anchors retail and dining, while schools such as DAV Public School and St Britto's Academy and hospitals including Dr Kamakshi Memorial Hospital and Prashanth Super Speciality Hospital serve residents. IIT Madras and the green expanse of Guindy National Park lie just to the north.
The locality suits IT professionals working along OMR and Taramani, and families who value ready infrastructure over a quieter fringe. The honest trade-offs are real: Velachery Main Road sees heavy peak-hour congestion, and the low-lying land near Velachery Lake has a long-standing reputation for waterlogging in an intense monsoon, so drainage and floor level are worth checking before you buy. As a mature market, pricing has less headroom than emerging suburbs; listing platforms such as 99acres place average apartment values near Rs 9,500 per sq.ft, with premium projects going higher.
Among live options, Velachery includes launches such as Prestige Park Street. PropNewz tracks new project launches and price movement across Velachery so buyers can compare them side by side.
Prestige Park Street Velachery is comprised of 1 BHK with builtup area of 685 sqftand land area of with land area of sqft , 2 BHK with builtup area of 845 sqftand land area of sqft with land area of sqft , 3 BHK with builtup area of 1650 sqftand land area of sqftwith land area of sqft, with builtup area of sqftand land area of sqftwith land area of sqft , with builtup area of sqftand land area of sqftwith land area of sqft Apartments.
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| Unit Type | Plot Area (Sq Ft)Area (Sq Ft) | Super Builtup Area (Sq Ft) | Price |
|---|---|---|---|
1 BHK | 685 | Unlock Price Rs 85 Lakhs onwards | |
2 BHK | 845 | Rs 1.31 Cr onwards | |
3 BHK | 1650 | Rs 1.98 Cr onwards | |
| Unlock Price | |||
| Unlock Price |
Base Price = ₹ ***** / sq.ft
*Prices last updated on May 5, 2026. Please contact us for latest details about available units, prices and offers.
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The journey of the Prestige Group traces back to 1956 when Mr. Razack Sattar had a vision for a successful venture in the retail business. In 1986, Prestige Estates and Properties was founded, and it swiftly rose to become the leading property developer in Bangalore.
One of their notable developments, Prestige Court on K.H. Road in Bangalore, set the pace. With over 190 projects spanning 38.5 million square feet of developable space, Prestige constructions now provide homes for a significant population in South India.
Prestige is also the choice of many major multinational companies, with plans for residential, commercial, retail, and hospitality developments covering an impressive 61.4 million square feet.
In addition to their real estate endeavors, Prestige has made a name for itself in the retail sector, offering multiplexes and malls. Explore other projects by the Prestige Group, such as Prestige Fountain Bleau, Prestige Dolce Vita, and Prestige Falcon City.
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