Prestige Apartments Sholinganallur 2026
Prestige Apartments Sholinganallur 2026 Price models currently start from around ₹90 Lakhs for 1 BHK flats and go beyond ₹3.54 Crores for large 4 BHK luxury homes across OMR and the Medavakkam–Sholinganallur area. Old Mahabalipuram Road (OMR) in South Chennai is seeing good price growth. This is mainly because many IT workers want homes here, and new roads and metro lines are coming up fast.
If you want a home to move in immediately, you can check completed projects like Prestige Courtyards. If you want to invest in upcoming mega projects, you can look at Prestige Falcon City Chennai. Knowing the latest property rates will help you make a smart buying decision.
2026 Price Matrix: Prestige Apartments in Sholinganallur & Nearby Areas
Home rates in Sholinganallur and the connecting Medavakkam belt average between ₹8,600 and ₹11,500 per sq. ft. for premium gated communities. Here is a simple table showing flat sizes and starting prices for 2026:
| Flat Type | Average Size (Sq. Ft.) | Estimated Starting Price (2026) | Who Should Buy? |
|---|---|---|---|
| 1 BHK | 599 – 630 | ₹60 Lakhs – ₹65 Lakhs | First-time buyers & rental investors |
| 2 BHK | 1,001 – 1,351 | ₹1.30 Crores – ₹1.46 Crores | Working couples & small IT families |
| 3 BHK | 1,380 – 2,150 | ₹1.57 Crores – ₹2.29 Crores | Medium-sized families wanting extra room |
| 4 BHK | 2,450 – 2,735 | ₹2.63 Crores – ₹3.54 Crores | Large families looking for luxury homes |
Note: The prices above are base costs. Extra government taxes like Stamp Duty, Registration fees, and GST will apply separately.
Key Projects Comparison: Prestige Courtyards vs. Prestige Falcon City Chennai
When looking for homes around Sholinganallur, buyers usually choose between a ready-to-move apartment or a modern, high-rise project.
| Details | Prestige Courtyards (Sholinganallur) | Prestige Falcon City Chennai |
|---|---|---|
| Status | Ready to Move (Low-rise, 11.3 Acres) | New Township Project (23 Acres) |
| Total Units | 548 Apartments (Ground + 3 Floors) | ~2,170 Apartments across 22 Towers (14 Floors) |
| Flat Types | 1, 2, 2.5, and 3 BHK | 2, 3, and 4 BHK Luxury Flats |
| Starting Price | Around ₹63 Lakhs to ₹1.97 Crores | Starts from ₹1.30 Crores onwards |
| Main Features | Low-rise style, inner courtyards, vehicle-free walking paths | 80% open green space, huge clubhouse, multi-tier security |
1. Prestige Courtyards: Ready-To-Move Option
Prestige Courtyards sits on Model School Road, right near OMR in Sholinganallur. It covers 11.3 acres with low-rise buildings that give a peaceful community feel.
- Flat Sizes: Has 1, 2, 2.5, and 3 BHK flats starting from 599 sq. ft. up to 1,869 sq. ft.
- Design & Amenities: Houses are Vaastu-compliant and built around green courtyards. It has nice walking areas, a swimming pool, gym, mini-theatre, and sports courts.
- Rental Demand: Easy to rent out because IT companies like TCS, Wipro, and Infosys are close by.
2. Prestige Falcon City Chennai: The Future High-Rise Township
Located on the main Medavakkam–Sholinganallur Road, Prestige Falcon City Chennai is a big 23-acre township. It is built for people who want high-rise lifestyle homes with wide open spaces and quick travel to all parts of South Chennai.
Price Breakdown: Understanding Total Outflow
The base flat rate is only one part of your final home bill. Here is how the extra charges break down:
| Fee Head | What Is It? | Price Impact |
|---|---|---|
| Base Flat Cost | The basic cost calculated per square foot of your house area | Main house price |
| Floor Rise & PLC | Extra fees for higher floors (5th floor and above) or special facing units (like park or pool view) | Adds a small per sq. ft. rate |
| Car Parking Slot | Fixed charge for reserving your covered parking space | Single fixed amount |
| Infrastructure & Deposits | Covers legal work, water/electricity connections, and corpus fund | One-time fixed payment |
| Government Taxes | Legal taxes including GST, Stamp Duty, and Registration fees | Calculated as a % of the total value |
- Floor Rise Extra: Flats on upper floors cost a bit more because they offer better views, fresh air, and less road noise.
- Government Fees: Taxes like Stamp Duty and GST are collected as per Tamil Nadu government rules.
Frequently Asked Questions (FAQs)
1. What is the starting Prestige Apartments Sholinganallur 2026 price?
The starting price is around ₹60 Lakhs to ₹63 Lakhs for 1 BHK flats. 2 BHK flats start from ₹1.30 Crores depending on the project status and layout.
2. Is Prestige Falcon City Chennai located in Sholinganallur?
It is located on the main Medavakkam–Sholinganallur Road. It gives quick access to Sholinganallur, OMR IT parks, and Velachery.
3. What is the current price range for Prestige Courtyards in Sholinganallur?
Prices at Prestige Courtyards start around ₹63 Lakhs for 1 BHK flats and go up to ₹1.97 Crores for large 3 BHK layouts.
4. What extra charges apply above the base flat price?
You will need to pay extra for GST, Stamp Duty, Registration charges, Floor Rise fees, Preferred Location Charges (PLC), parking, and initial maintenance deposits.
5. What flat sizes are available in Prestige Falcon City Chennai?
You can get 2, 3, and 4 BHK flats with sizes ranging from 1,001 sq. ft. to 2,735 sq. ft.
6. Do Prestige apartments in Sholinganallur give good rent income?
Yes, because ELCOT SEZ and big OMR IT hubs are nearby, rental demand is always high. A 2 BHK or 3 BHK flat can bring monthly rents between ₹28,000 and ₹45,000.
7. How does Metro Phase 2 help property prices in this location?
The upcoming Metro Corridor 5 station at Medavakkam and Sholinganallur will make travel to central Chennai and the airport super fast. This is driving steady land value growth.
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