The 4 BHK Price in Prestige Falcon City Chennai starts from ₹2.63 Crore and goes up to ₹3.54 Crore for the base flat. Located on the busy Medavakkam–Sholinganallur Road in South Chennai, these big homes come in sizes from 2,450 sq. ft. to 2,735 sq. ft. In the pre-launch stage, the builder is giving a special rate of ₹13,000 per sq. ft. When you add government taxes like GST, stamp duty, and registration fees, the final on-road price is between ₹2.92 Crore and ₹3.92 Crore. Built by the famous Prestige Group on 23 acres of land, these 4 BHK flats are great for big families. You get 80% open green space and a quick drive to the OMR IT offices.

Detailed Cost Breakdown for 4 BHK Units

When you buy a big flat in a gated community, looking only at the base price is not enough. To plan your budget well, you need to check the full cost sheet. This includes the flat size, pre-launch rates, and government taxes.

*Note: The total final price includes 5% GST, 7% Stamp Duty, 2% Registration fees, and basic maintenance charges. Prices will go up to ₹14,500 per sq. ft. after the pre-launch offer ends.

Additional Charges to Keep in Mind

Knowing all the extra costs upfront helps you plan your money without any surprises. Apart from the base 4 BHK Price in Prestige Falcon City Chennai, you will need to pay these standard charges:

• Floor Rise Charges: This project has 22 towers with 2 basements, a ground floor, and 14 upper floors. If you buy a flat on the 5th floor or higher, there is an extra charge of ₹50 to ₹100 per sq. ft. for each floor. Higher floors cost a bit more because they give you better views, more fresh air, and less road noise.
• View Charges (PLC): Flats that face the grand 70,000 sq. ft. clubhouse, the swimming pool, or the 18-acre green park cost a little extra compared to regular flats.
• GST (Goods and Services Tax): Because the project is still being built, you have to pay a 5% GST tax on the property price.
• Stamp Duty and Registration: As per Tamil Nadu government rules, buyers must pay 7% for Stamp Duty and 2% for Registration when registering the flat in their name.
• Clubhouse, Corpus Fund & Maintenance: Before you get the keys (expected in December 2031), you will pay a one-time fee for 2 covered car parking spots, water and electricity connections, and 1 to 2 years of advance maintenance.

What Do You Get for the Price? (Floor Plan & Project Value)

When you spend around ₹3 Crore on a home, you should get the best value for your money. The 4 BHK flats in Prestige Falcon City Chennai are designed to give your family full privacy and lots of fresh air:

• Big and Airy Rooms: Going up to 2,735 sq. ft., each 4 BHK flat has an entrance passage, a wide living and dining hall, 4 bedrooms with attached bathrooms, a modern kitchen with a wash area, and a separate maid's room with its own bathroom.
• 80% Open Green Space: Out of the 23 acres of land, only 20% is used for buildings. The other 80% is left open for parks, gardens, walking paths, and outdoor play areas.
• Good Distance Between Towers: All 22 towers are built far apart from each other. This means your neighbours cannot look directly into your balcony, and every room gets bright sunlight.
• 70,000 Sq. Ft. Grand Clubhouse: Everyone living here can use over 60 fun features. This includes a rooftop gym, swimming pools, a spa, indoor badminton and squash courts, guest rooms, and big party halls.

Payment Plan and EOI Booking Process

Prestige Group gives you a step-by-step payment plan. You do not have to pay all your money at one time. Instead, you pay in small parts as the building gets built:

• Expression of Interest (EOI) Booking: You can lock in the low pre-launch rate of ₹13,000 per sq. ft. and pick your favourite flat first by paying a ₹8 Lakh token amount. If you change your mind later, you can get this money back.
• 10% on Booking: You pay this when your flat is officially booked for you.
• 10% on Agreement: You pay this within 30 days of booking when you sign the main sale paper.
• 80% As the Building Grows: You pay the rest of the money in small, equal parts as work finishes on the foundation, basement, 5th floor, 10th floor, 14th floor roof, walls, flooring, and final handover.

Price Comparison: Medavakkam vs. Nearby South Chennai Hubs

Why are families and IT workers buying homes in Medavakkam instead of older areas? Here is how the price compares to nearby places:

Buying at the pre-launch price in Medavakkam saves you ₹1,500 to ₹3,000 per sq. ft. compared to Sholinganallur and Velachery. At the same time, you are just 5 to 10 minutes away from big IT parks and 30 minutes from the Chennai Airport via the 200 Feet Radial Road.

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