Prestige Falcon City Chennai Price

Q: 5. How much is the booking amount (EOI) for these homes?

The booking amount depends on the size of the flat: 2 BHK: Rs 3 Lakhs, 3 BHK: Rs 5 Lakhs, 4 BHK: Rs 8 Lakhs.

Prestige Falcon City Chennai apartment prices start at Rs 1.30 Crore for a 2 BHK and go up to Rs 3.54 Crore for a 4 BHK. The pre-launch price is Rs 13,000 per square foot, valid until 15 December 2026. After the launch, prices will rise to Rs 14,500 per square foot. Book now to lock in your unit at the current rate.

Below is the latest price list of Prestige Falcon City Chennai apartments, along with the size,

Prestige Falcon City Chennai Price List

Unit Type	Super Built Up Area	Price
2 BHK	1,001 sq. ft. to 1,220 sq. ft.	₹ 1.30 crores - ₹ 1.46 crores
3 BHK	1,380 sq. ft. to 1,550 sq. ft.	₹ 1.57 crores - ₹ 1.78 crores
3.5 BHK	1,750 sq. ft. to 2,150 sq. ft.	₹ 1.95 crores - ₹ 2.29 crores
4 BHK	2,450 sq. ft. to 2,735 sq. ft.	₹ 2.63 crores - ₹ 3.54 crores

The base price only covers the cost of the apartment. You will need to pay extra for government taxes and fees (Stamp Duty, Registration, and GST), plus an additional "floor rise" charge if your flat is on the 6th floor or higher. Because these fees change depending on the floor you choose, ask the sales team for a full cost sheet to see the exact total price before you book.

Prestige Falcon City Chennai offers a wide variety of apartment sizes to fit different family needs. The homes range from smaller, comfortable layouts starting at 1,001 square feet to much larger homes reaching 2,735 square feet.

To get the best possible deal, it helps to understand how the pricing changes over time:

Current Pre-Launch Price: Bookings are now open at a special early-bird rate of ₹13,000 per square foot.
The Deadline: This lower pre-launch price is guaranteed and locked in until December 15, 2026.
Future Construction Price: Once construction officially begins on the project, the early-bird offer ends, and the price will increase to ₹14,500 per square foot.

By booking early during this pre-launch phase, buyers can take advantage of special discount offers tailored to the specific size of the flat they choose, allowing them to save a significant amount of money before prices go up.

EOI Amount for Pre-launch Booking

The EOI (Expression of Interest) amount that you need to pay to book homes during the pre-launch phase with special offers is:

Size	EOI Amount
2 BHK Apartments	Rs 3 Lakhs
3 BHK Apartments	Rs 5 Lakhs
4 BHK Apartments	Rs 8 Lakhs

Prestige Falcon City Chennai has apartments in different sizes, from small 2 BHK flats to large 4 BHK homes. The prices change depending on the size you choose. Because the pricing is flexible, these homes are great for people who want to save money as well as those who want luxury.

To help you plan, we have shared the newest Price List, Payment Plan, and Cost Sheet here. The price list shows the total cost for each home, making it easy for you to pick the perfect flat that fits your budget.

Price of Apartments in Medavakkam

Medavakkam is in South Chennai, near the major IT areas of Sholinganallur and OMR. It is easy to reach through the Medavakkam-Sholinganallur Road and Velachery Main Road. Schools, hospitals, colleges, and markets are all nearby. Home prices here are still lower than in the middle of Sholinganallur, which makes it a good option for families and investors.

Prices in Medavakkam are rising slowly and steadily because the area is growing and more people want to live here. Buying a home now helps you lock in today's lower prices before the area grows more. Here are the average flat prices and monthly rents in Medavakkam:

1 BHK: The average price is ₹42 Lakhs. Rent starts at ₹10,000 per month.
2 BHK: The average price is ₹75 Lakhs. Rent starts at ₹16,000 per month.
3 BHK: The average price is ₹1.05 Crores. Rent starts at ₹22,000 per month.

Price of Apartments in Chennai

Chennai is a top business city in India with a very active real estate market. The city offers homes for all budgets, from budget-friendly flats to luxury homes. Home prices vary a lot depending on the neighborhood, the builder's reputation, the size of the flat, the features, and the floor number. South Chennai, where Prestige Falcon City Chennai is built, offers better value for your money than high-priced areas like Adyar and Velachery.

Flat prices in Chennai depend on these factors:

The builder
The extra features (like a swimming pool or gym)
The location
The size of the flat
The floor level of the flat

Flat prices in Chennai are going up quickly because more people prefer living in apartments. For budget homes, a 1 BHK flat price starts from ₹32 Lakhs. A luxury 1 BHK flat starts from ₹45 Lakhs. The monthly rent for a 1 BHK flat in Chennai starts from ₹11,000.

Prestige Falcon City Chennai Payment Plan

Prestige Falcon City Chennai uses a payment plan linked to the progress of the construction. You pay 10% of the price when you book to reserve your flat. You can pay the remaining amount in small parts as the building work moves forward.

Government charges like stamp duty, registration fees, and GST are not included in these parts. You must pay them separately when you register the property under your name.

Prestige Falcon City Chennai Payment Schedule

The payment steps for Prestige Falcon City Chennai are:

Construction Stage	Amount to Pay (% of Total Cost)
During booking	10%
On booking	10%
On signing the agreement	20%
When foundation work starts	10%
On ground floor roof slab	5%
On 2nd floor roof slab	5%
On 4th floor roof slab	5%
On 6th floor roof slab	5%
On 8th floor roof slab	5%
On 10th floor roof slab	5%
On 12th floor roof slab	5%
On 14th floor roof slab	5%
On 16th floor roof slab	5%
On 18th floor roof slab	5%
When flooring work is done	5%
When the project is handed over to you	5%

Chennai Real Estate Trends 2026

Property prices in main areas of Chennai went up by 5% to 12% in 2025. Experts believe prices will rise by another 10% by the end of 2026. The demand for homes in Chennai is growing because more people are moving to the city for work. South Chennai neighborhoods, like the Medavakkam–Sholinganallur Road, are seeing a lot of interest from buyers who want to get good value before prices rise even more.

Because of this high demand, buying a home in Chennai is a great choice for both regular buyers and investors. Here are the average land prices per square foot in different areas of Chennai:

Place	Average Price
Adyar	Rs. 14,200/ sq ft
Perungudi	Rs. 12,500/ sq ft
Velachery	Rs. 9,500/ sq ft
OMR	Rs. 8,500/ sq ft
Thoraipakkam	Rs. 8,800/ sq ft
Guindy	Rs. 13,000/ sq ft
Nungambakkam	Rs. 16,500/ sq ft
T Nagar	Rs. 15,500/ sq ft
Sholinganallur	Rs. 9,200/ sq ft
Pallikaranai	Rs. 8,200/ sq ft
Perumbakkam	Rs. 7,800/ sq ft
Anna Nagar	Rs. 15,500/ sq ft
Porur	Rs. 7,500/ sq ft
Chromepet	Rs. 6,800/ sq ft
Medavakkam	Rs. 6,500/ sq ft
Tambaram	Rs. 6,200/ sq ft
Navallur	Rs. 7,200/ sq ft

Property prices in Chennai rose 5% to 12% in main areas in 2025. Experts look for another 10% rise through 2026 as IT companies grow. South Chennai areas like Medavakkam–Sholinganallur Road are seeing strong demand from home buyers and investors. The pre-launch price for Prestige Falcon City Chennai is Rs 13,000 per square foot. This is much lower than the OMR-Perungudi average of Rs 12,500 per square foot, giving early buyers a big price benefit.

Current Property Prices in Medavakkam 2026

In 2026, the average price for a home in Medavakkam is around ₹6,500 for each square foot. It is very easy to travel from this area to the IT hubs of Sholinganallur, Velachery, and OMR. Luxury flats are the most popular choice here, followed by open plots.

Prestige Falcon City Chennai costs ₹13,000 for each square foot because it offers better quality and a much bigger township design than regular projects in Medavakkam.

The current price trends in Medavakkam are:

Apartments: Prices start at ₹6,500 per square foot.
Plots: Prices start from ₹6,000 per square foot.
Villas: Prices start from ₹11,500 per square foot.

Prestige Falcon City Chennai Cost Sheet

The cost sheet is a helpful paper that shows the total price for different flats in the project. It has two parts: the price breakdown of the flat and the payment plan. The cost for each square foot at Prestige Falcon City Chennai is written on the sheet so buyers can clearly see what they are paying for.

The Prestige Falcon City Chennai cost sheet shows all the money details like:

Base Price of the Apartment
Carpet Area Cost
Total Built-up Area Cost
Agreement Value Cost
Total Sale Value
Stamp Duty Charges
Registration Charges
All Taxes (GST charges apply to this property)
Extra Fees
Final Price Amount

Prestige Falcon City Chennai Price FAQS

1. What is the starting price for flats at Prestige Falcon City Chennai?

The prices for flats start at Rs 1.30 Crore for a 2 BHK home and go up to Rs 3.54 Crore for a 4 BHK home.

2. What is the current pre launch price per square foot?

The Prestige Falcon City Chennai pre launch price is ₹13,000 per square foot. This special rate is valid until 15 December 2026.

3. Will the price go up after the official launch?

Yes. After the building work starts, the price will increase to ₹14,500 per square foot.

4. What are the different sizes of apartments available?

The homes come in different sizes, ranging from 1,001 square feet to 2,735 square feet. You can choose from 2 BHK, 3 BHK, 3.5 BHK, and 4 BHK flats.

5. How much is the booking amount (EOI) for these homes?

The booking amount depends on the size of the flat:

2 BHK: Rs 3 Lakhs
3 BHK: Rs 5 Lakhs
4 BHK: Rs 8 Lakhs

6. Where is Prestige Falcon City Chennai located?

It is located in Medavakkam, which is in South Chennai. It is very close to major IT hubs like Sholinganallur and OMR.

7. Do the listed prices include all costs?

No. The listed prices are base prices only. They do not added the extra costs like stamp duty, registration fees, GST, or floor rise charges.

8. What is a floor rise charge?

Flats built above the 5th floor have an extra cost because they are on higher floors.

9. How does the payment plan work?

The project uses a payment plan linked to building progress. You pay 10% of the price when you book the flat, and you pay the rest in small parts as the building work moves forward.

10. When do I have to pay for stamp duty and registration?

You must pay these fees separately at the time you register the property in your name.

11. What is the average price of a home in Medavakkam in 2026?

The average price for a regular home in Medavakkam is around Rs 6,500 per square foot.

12. Why is Prestige Falcon City Chennai priced higher than the Medavakkam average?

It costs ₹13,000 per square foot because it offers much better quality and a much bigger township design than standard projects in the area.

13. Is Medavakkam well-connected to the rest of Chennai?

Yes, it is very easy to travel from Medavakkam to other areas using the Medavakkam-Sholinganallur Road and Velachery Main Road.

14. What are the current real estate trends in Chennai for 2026?

Property prices rose by 5% to 12% in 2025. Experts expect prices to go up by another 10% by the end of 2026 due to high demand from working professionals.

15. What details can I find in the project cost sheet?

The cost sheet shows all final financial details, including the base price, carpet area cost, taxes, GST, and any extra fees. You can get the complete cost sheet from the sales team before booking.