Prestige Falcon City Chennai Offers
Prestige Falcon City Chennai Offers include attractive pre-launch pricing, flexible payment schedules, floor rise fee waivers, and early-bird discounts designed to help homebuyers lock in luxury 2, 3, and 4 BHK apartments in Medavakkam at competitive initial rates before official price hikes. Developed by the renowned Prestige Group, this massive 23-acre high-rise township on the Medavakkam–Sholinganallur Road features 22 residential towers surrounded by 80% open space. Taking advantage of these introductory offers allows buyers to secure prime residential inventory at early-stage valuations while benefiting from favorable construction-linked payment terms.
Detailed Breakdown of Prestige Falcon City Chennai Offers
Understanding the current promotional schemes helps real estate buyers maximize their return on investment. Here are the core offers available during the pre-launch and early booking phase:
1. Pre-Launch Per Square Foot Discount
During the current pre-launch period, apartments are priced at an introductory rate of ₹13,000 per sq. ft.. Once the project transitions to its official post-launch phase, standard property rates will increase to ₹14,500 per sq. ft.. Early buyers can save between ₹1,500 and ₹2,000 per sq. ft. depending on the unit size.
2. Flexible Construction-Linked Payment Plan (10:90 Structure)
To lower initial capital requirements, Prestige Group offers a milestone-based payment structure:
- Booking Amount: 10% paid at the time of unit reservation.
- Agreement Phase: 10% on signing the sale agreement.
- Milestone Installments: 80% divided into small construction-linked installments spread over the 4.5-year construction period.
3. Spot Booking & Festival Incentives
Buyers who complete their booking during designated launch events or seasonal promotional windows can access additional advantages, such as:
- Floor rise fee waivers on select mid-level floors.
- Complimentary modular kitchen or air-conditioning vouchers.
- Reduced initial documentation and processing fees.
Apartment Configurations & Offer Pricing Structure
The township caters to diverse family needs, ranging from modern nuclear setups to large joint families.
| Apartment Type | Super Built-up Area (Sq. Ft.) | Pre-Launch Offer Price (Starting) | Post-Launch Estimated Price |
|---|---|---|---|
| 2 BHK | 1,001 – 1,220 sq. ft. | ₹1.30 Crore* | ₹1.46 Crore |
| 3 BHK | 1,380 – 1,550 sq. ft. | ₹1.57 Crore* | ₹1.78 Crore |
| 3.5 BHK | 1,750 – 2,150 sq. ft. | ₹1.95 Crore* | ₹2.29 Crore |
| 4 BHK | 2,450 – 2,735 sq. ft. | ₹2.63 Crore* | ₹3.54 Crore |
Why Is Buying Early in Medavakkam a Smart Move?
Medavakkam sits directly along the South Chennai growth corridor, connecting Velachery, Tambaram, and the OMR (Old Mahabalipuram Road) IT belt.
- Proximity to IT Hubs: Located within a 10-to-15-minute drive from major tech parks housing companies like TCS, Cognizant, Wipro, and HCL.
- High Rental Yields: Thousands of working professionals in the IT/ITeS sector create strong, consistent rental demand in the Medavakkam–Sholinganallur zone.
- Social Infrastructure: Landmark institutions like Gleneagles Global Health City, PSBB Millennium School, and HLC International School are located nearby.
- Capital Appreciation: Property values in Medavakkam have shown steady annual growth, driven by expanding Metro rail corridors and road widenings.
Key Township Features Included with Every Unit
Every apartment purchased under the introductory offer comes with full access to the project's premium master-planned infrastructure:
- 80% Open Green Space: Low-density design with landscaped gardens, jogging tracks, and outdoor sports courts.
- 70,000 Sq. Ft. Clubhouse: Multi-level indoor hub featuring a swimming pool, gymnasium, spa, sauna, dance rooms, and café.
- Vaastu-Compliant Architecture: All 2,170 apartments across 22 towers follow traditional Vaastu principles for light, ventilation, and flow.
- Modern Amenities: 2-level basement parking equipped with EV charging stations, 24/7 multi-tier security, rainwater harvesting, and solar power integration.
Frequently Asked Questions (FAQs)
1. What are the Prestige Falcon City Chennai Offers?
Prestige Falcon City Chennai Offers include pre-launch per-square-foot price discounts, flexible construction-linked payment plans, floor rise waivers, and spot booking incentives provided by Prestige Group for early buyers.
2. What is the starting price under the pre-launch offer?
The pre-launch offer price starts at ₹1.30 Crore* for a 2 BHK luxury apartment, based on the promotional rate of ₹13,000 per sq. ft..
3. How much can I save by booking during the pre-launch offer phase?
Buyers can save between ₹1,500 and ₹2,000 per sq. ft. compared to the standard post-launch market rate, which amounts to direct savings of ₹15 Lakhs to ₹30+ Lakhs depending on the unit configuration.
4. What is the payment plan schedule available for this project?
The project follows a construction-linked payment structure where buyers pay 10% upon booking, 10% during agreement signing, and the remaining 80% in small installments tied to construction milestones.
5. Where is Prestige Falcon City located in Chennai?
The project is situated on the Medavakkam–Sholinganallur Main Road in South Chennai, right near Gleneagles Global Health City and close to the OMR tech corridor.
6. Are there floor rise fee waivers available under current offers?
Yes, limited-time launch offers may include floor rise fee waivers or discounts on select mid-level apartments for buyers who book during early promotional sales windows.
7. How can I lock in the pre-launch price offer?
You can reserve your preferred apartment and lock in the introductory price by submitting an Expression of Interest (EOI) or paying the initial 10% booking amount before the official launch deadline.
Related Posts

Price

Prestige Falcon City Chennai Cost Sheet

Prestige Falcon City Chennai Maintenance Charges

Prestige Falcon City Chennai Payment Plan

Prestige Falcon City Chennai Pre Launch Price

Prestige Falcon City Chennai Price List

What is the Price of Land in Medavakkam?

What is the Price of Prestige Falcon City Chennai?