Prestige Adds ₹50,000 Crore of New Projects: Chennai on the List

prestige adds rs 50000 crore of new projects chennai on the list hero

The Indian real estate market is growing very fast right now. The biggest news comes from a major announcement: Prestige Adds ₹50,000 Crore of New Projects: Chennai on the List. The Prestige Group, a famous builder from Bengaluru, plans to build new homes worth ₹50,000 Crore across India. This big plan will meet the high demand for modern apartments and gated communities in big cities. While cities like Mumbai, Delhi-NCR, Bengaluru, and Hyderabad will get many projects, Chennai is a main focus for the company in South India. Chennai is growing quickly because of new IT parks, the new Metro Phase-2 train line, and steady demand from families looking to buy homes. Because of this, Chennai is a safe and smart place to buy a house or invest money.

A key part of this big investment in the city is Prestige Falcon City Chennai. It is a grand new apartment township on the Medavakkam–Sholinganallur Road, built to give families in South Chennai a modern lifestyle with plenty of green parks and top facilities.

Spotlight on the Flagship Venture: Prestige Falcon City Chennai

As a main part of the builder's new plan in Tamil Nadu, Prestige Falcon City Chennai brings a complete township lifestyle to South Chennai. Located on the busy and fast-growing Medavakkam–Sholinganallur Road (Pin Code: 600100), this new luxury gated community is a great fit for IT workers, modern families, and NRI buyers.

Master Plan & Architectural Highlights

The project covers 23 acres of land and gives families plenty of room to breathe. It keeps 80% of the land open for green parks, pretty gardens, and safe walking paths. The township has 22 tall towers, and each tower has 2 Basements, a Ground Floor, and 14 upper floors (2B+G+14). In total, there are 2,170 luxury apartments that follow Vaastu rules. The buildings use special glass to keep the homes cool. Every flat has wide balconies and smart layouts that let in plenty of fresh air and sunlight without wasting any space.

Project Attribute	Key Specifications
Project Name	Prestige Falcon City Chennai
Developer	Prestige Group
Location	Medavakkam–Sholinganallur Road, South Chennai – 600100
Total Land Area	23 Acres (80% Open Space)
Number of Towers & Units	22 Towers (2B+G+14 Floors) \| 2,170 Apartments
Unit Configurations	2 BHK, 3 BHK, and 4 BHK Luxury Flats
Size Range	1,001 sq. ft. to 2,735 sq. ft.
Indicative Price Range	₹1.30 Crore to ₹3.54 Crore
Official Launch & Possession	Launch: December 2026 \| Possession: December 2031

Strategic Location & Seamless Connectivity

The great location is the main reason why property values at Prestige Falcon City Chennai will grow fast. Medavakkam is an important area that connects the OMR IT road with GST Road and popular areas like Velachery.

IT & Employment Hubs: People living here can reach big office parks in just 5 to 15 minutes. Nearby workplaces include ELCOT SEZ, Sholinganallur IT Hub (5 km), Futura Tech Park (5.9 km), WTC Perungudi, and Ramanujan IT City.
Transit & Metro Access: The upcoming Medavakkam Metro Station is only a 5-minute drive away, making city travel quick and easy. The project also connects straight to the 200 Feet Radial Road. From here, you can reach the Chennai International Airport in 30 minutes (13 to 14 km) and the Tambaram Railway Station in 10.9 km.
Social Infrastructure: Famous schools and hospitals are within 5 km of the project. These include Gleneagles Global Health City, NewGen Hospital, Vels Global School, and St. John’s Public School. For shopping and fun, Phoenix Marketcity and Vivira Mall are also close by.

Floor Plans, Pricing, and World-Class Amenities

Prestige Falcon City Chennai has different home sizes for both small and large families. The apartment sizes go from 1,001 sq. ft. to 2,735 sq. ft.. The early prices start at ₹1.30 Crore for a 2 BHK flat and go up to ₹3.54 Crore for a big 4 BHK home.

To make everyday life enjoyable, the project includes a huge 70,000+ sq. ft. clubhouse with over 60 modern amenities. Families can enjoy swimming pools, a modern gym, a spa, office spaces to work from home, indoor sports courts, party halls, pet parks, kids' play areas, and 24/7 security with CCTV cameras. Bookings will open in December 2026, and the homes will be ready in 4.5 years by December 2031. People who buy early can expect good price growth and up to 20% better rental income than regular single buildings.

Frequently Asked Questions (FAQs)

1. Why has Prestige Group included Chennai in its ₹50,000 Crore project expansion?

Chennai has a very steady real estate market where many families want to buy homes. With growing IT parks on OMR, big factories, and the new Metro Phase-2 train line, property prices and rental income in Chennai keep going up safely.

2. Where exactly is Prestige Falcon City Chennai located?

Prestige Falcon City Chennai is on the Medavakkam–Sholinganallur Main Road in Medavakkam, South Chennai (Pin Code: 600100). It gives easy road access to OMR, the 200 Feet Radial Road, Velachery, and Tambaram.

3. What are the apartment configurations and sizes available in Prestige Falcon City Chennai?

The township offers 2 BHK, 3 BHK, and 4 BHK luxury flats. The sizes start from 1,001 sq. ft. and go up to 2,735 sq. ft. across 22 tall towers.

4. What is the starting price of flats at Prestige Falcon City Chennai?

The early prices at Prestige Falcon City Chennai start at ₹1.30 Crore for a 2 BHK flat and go up to ₹3.54 Crore for a large 4 BHK apartment.

5. How much open space and what amenities are included in the master plan?

The project sits on 23 acres and keeps 80% of the land open for green spaces. It offers over 60 amenities, including a 70,000+ sq. ft. clubhouse, swimming pools, work-from-home spaces, sports courts, and a gym.

6. How far is the project from the nearest Metro station and Chennai Airport?

The new Medavakkam Metro Station is just a 5-minute drive away. The Chennai International Airport is about 13 to 14 km away and takes 30 minutes to reach via the 200 Feet Radial Road.

7. What are the launch and possession timelines for Prestige Falcon City Chennai?

The official launch and RERA approval are planned for December 2026. The builders will finish the project and hand over the keys by December 2031.