Is Prestige Falcon City Chennai a Good Investment?

Aerial view of Prestige Falcon City Chennai township showing towers and green open spaces

Yes, buying a flat in Prestige Falcon City Chennai is a solid real estate investment. This project sits on a huge 23-acre land parcel right on the main Medavakkam-Sholinganallur Road. It offers spacious 2, 3, and 4 BHK luxury flats starting at ₹1.30 Crore. Because it is located right next to the major IT parks on OMR, it attracts plenty of IT professionals looking for rentals.

When you combine the trusted Prestige brand name with 80% open green space, a 70,000 sq. ft. clubhouse, and the upcoming Chennai Metro extension, you get a property that offers both high rental income and strong resale profits over time.

Key Project Details at a Glance

Parameter	Details
Location	Medavakkam-Sholinganallur Road, South Chennai
Land Size	23 Acres with 22 High-Rise Towers
Total Homes	2,170 Apartments (2, 3, and 4 BHK)
Starting Price	₹1.30 Crore onwards
Open Space	80% Green and Open Area
Clubhouse	70,000 sq. ft. with modern amenities
Handover Date	Planned for December 2031

4 Big Reasons to Invest in Prestige Falcon City

1. Great Location and Road Links

Medavakkam has quickly turned into one of South Chennai's best places to live.

Close to IT Parks: Since the project sits on the link road to Sholinganallur, you can reach the Old Mahabalipuram Road (OMR) tech hubs in just 5 to 10 minutes. Big companies like TCS, Wipro, and Cognizant are just down the road.
Easy Travel: The property connects smoothly to the 200 Feet Radial Road and Velachery Main Road. Plus, the new Phase 2 Metro line will have a station just 5 minutes away, making your daily travel much simpler.

2. Easy to Rent Out to Tech Workers

Thousands of office workers move to South Chennai every year for jobs in IT and healthcare.

Being close to major business parks like ELCOT SEZ and hospitals like Gleneagles Health City means there is always a huge demand for rental homes.
Big gated communities built by famous builders always fetch 15% to 20% higher rent than single, local apartment blocks in the same neighborhood.

3. Lower Early Prices Mean Better Future Profits

Buying a flat during the early stages of a project is one of the smartest ways to make money in real estate.

Early prices start around ₹13,000 per sq. ft. As construction moves forward and more towers go up, property rates will naturally increase.
Large townships in South Chennai usually see big price jumps once nearby metro lines and road projects open up.

4. Open Space and Less Congestion

Most inner-city apartment blocks are packed tight with concrete. Prestige Falcon City does things differently.

Lots of Greenery: 80% of the land is left open for gardens, sports areas, and walking paths.
Clubhouse Amenities: You get a giant 70,000 sq. ft. clubhouse with swimming pools, a gym, badminton courts, and play areas for kids.

Frequently Asked Questions (FAQs)

1. Where is Prestige Falcon City Chennai located?

It is located on the Medavakkam-Sholinganallur Road in Medavakkam, South Chennai. It sits right between Medavakkam and the main OMR tech hub at Sholinganallur.

2. What types of flats can I buy in Prestige Falcon City?

You can buy 2 BHK, 3 BHK, 3.5 BHK, and 4 BHK luxury apartments. The flat sizes range from 1,001 sq. ft. up to 2,735 sq. ft.

3. What is the starting price for an apartment here?

Prices start at ₹1.30 Crore for a 2 BHK flat and go up to ₹3.54 Crore for a large 4 BHK home.

4. Will this property give good rental income?

Yes. Because it is so close to the tech parks in Sholinganallur and hospitals like Gleneagles Health City, IT workers and doctors are always looking for quality rental flats nearby.

5. Why is Medavakkam a safe area for real estate investment?

Medavakkam is a fast-growing neighborhood in South Chennai with wide roads, great schools, and major hospitals. The new Chennai Metro expansion makes it an even stronger choice for future growth.

6. How much open space does the project have?

The township covers 23 acres, and 80% of that total area is dedicated to green parks and open spaces. It also features a massive 70,000 sq. ft. clubhouse.

7. When will buyers get possession of their flats?

The construction is planned to finish around mid-2031, with final possession and handovers starting by December 2031.