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Advantages of Investing in Medavakkam


Advantages of Investing in Medavakkam - infographic showing residential towers, IT corridor connectivity, and metro rail

Advantages of Investing in Medavakkam include excellent property value growth and swift access to major Chennai IT corridors. This micro-market connects seamlessly to major employment nodes like Sholinganallur and Velachery.

Buyers can secure premium housing at Prestige Falcon City Chennai, a new 23 acres residential apartment development. It features high-rise residential options right on the main transit highway.

Real Estate Growth Drivers in Medavakkam Chennai

Medavakkam has transformed from a quiet suburb into a busy residential hotspot. Property prices here grow steadily every year.

Why Homebuyers Prefer This Locality

  • Main Road Access: The area sits directly on the Medavakkam–Sholinganallur Road.
  • Proximity to Work: Thousands of tech professionals live here to save travel time.
  • Excellent Infrastructure: Good schools, clean drinking water lines, and markets are everywhere.
  • Rental Income: Property owners get high rental returns from corporate tenants.

Infrastructure Benefits Near Prestige Falcon City Chennai

The local infrastructure makes daily living simple and highly efficient for busy families.

Public Transport and Roads

The local roads are wide. The 200 Feet Radial Road links Medavakkam straight to the international airport. Furthermore, the upcoming Phase 2 Metro Rail line will introduce rapid transit stations nearby. These transit links boost local land values significantly.

Essential Services in the Area

  • Hospitals: Gleneagles Global Health City is just 2.5 km away.
  • Schools: Reputed international schools operate within a 10-minute drive.
  • Retail Zones: Large supermarkets and entertainment hubs serve the locality.

Pricing and Cost Trends in the Locality

Prices in Medavakkam remain competitive compared to central Chennai zones. The new premium gated communities offer diverse sizes.

Flat Sizes and Price Ranges

Flat TypeTotal Built-Up AreaBase Price Range
2 BHK1,001 sq. ft. to 1,220 sq. ft.₹ 1.30 crores - ₹ 1.46 crores
3 BHK1,380 sq. ft. to 1,550 sq. ft.₹ 1.57 crores - ₹ 1.78 crores
3.5 BHK1,750 sq. ft. to 2,150 sq. ft.₹ 1.95 crores - ₹ 2.29 crores
4 BHK2,450 sq. ft. to 2,735 sq. ft.₹ 2.63 crores - ₹ 3.54 crores

Frequently Asked Questions

It offers low entry costs, strong rental demand, and excellent proximity to OMR IT parks.

The Medavakkam–Sholinganallur Road links this neighborhood directly to the IT corridor.

Yes, Chennai Metro Phase 2 will bring rapid transit tracks near this locality soon.

The new project is called Prestige Falcon City Chennai, featuring high-rise towers.

The developer plans the official project launch for December 15, 2026.

The gated community reserves 80% of the total land for parks and gardens.

Premium apartments in this specific zone start from ₹ 1.30 crores onwards.

The builder has applied for RERA. Official registration is expected by December 2026.

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