Prestige Falcon City Chennai Pre Launch Price

Modern luxury residential apartment towers in Chennai with glass balconies, lush green parks, swimming pool, and clubhouse at sunset

The Prestige Falcon City Chennai Pre Launch Price starts at an attractive ₹1.30 Crore onwards, giving smart homebuyers a golden chance to book a luxury flat before rates go up. Built by the famous Prestige Group, this beautiful housing society is currently open for early bookings on the Medavakkam-Sholinganallur Road. Buying a home right now during the pre-launch phase lets you get the lowest possible price, special early-bird discounts of up to 10% to 20%, and the freedom to choose the best flats on higher floors or vaastu-compliant corners.

Project Overview: The Biggest Luxury Launch in South Chennai

Spread across a massive 23 acres, Prestige Falcon City Chennai is going to change how people live in South Chennai. The project will have 22 grand towers. Each tower is designed with 2 basement levels for parking, a ground floor, and 14 residential floors, creating a total of 2,170 luxury apartments.

The best part about this layout is that 80% of the land is left as open green space. While most builders in Medavakkam crowd their land with concrete buildings, Prestige gives your family plenty of room to breathe. The township also features a giant 70,000 to 100,000 square foot clubhouse packed with over 60 modern amenities, including a swimming pool, indoor sports rooms, and safe walking tracks.

Detailed Breakdown: Configurations and Pre-Launch Price Ranges

The special pre-launch rate is fixed at a very fair price of ₹13,000 per square foot. Real estate experts track that once the official launch happens, this base price will shoot up to ₹14,500 per square foot.

Here is a simple look at the starting prices for different apartment types:

Configuration TypeSuper Built-Up Area (Sq. Ft.)Indicative Pre-Launch Base Price Range
2 BHK1,001 – 1,220₹1.30 Crore – ₹1.46 Crore
3 BHK Compact1,380 – 1,550₹1.57 Crore – ₹1.78 Crore
3 BHK Large1,750 – 2,150₹1.95 Crore – ₹2.29 Crore
4 BHK Luxury2,450 – 2,735₹2.63 Crore – ₹3.54 Crore

Please Note: These amounts are the basic agreement values. Extra costs like GST, government stamp duty, property registration fees, and floor-rise charges (if you buy a flat above the 5th floor) will be shared in the official cost sheet later.

Why Invest During the Pre-Launch Phase?

  • Big Money Savings: Buying now saves you lakhs of rupees compared to buying the same flat next year at full price.
  • Excellent Wealth Growth: Medavakkam is a fast-developing area. A trusted name like Prestige will see its property value rise quickly as construction progresses.
  • Easy Payment Options: You do not have to pay everything together. The builder uses a construction-linked plan, meaning you pay small amounts step-by-step as the building grows.
  • Pick the Best Flat: By submitting an Expression of Interest (EOI) early, you get first priority to select a flat with a better view or preferred floor.

Location Benefits: The Medavakkam-Sholinganallur IT Hub

This project sits in a prime location on the Medavakkam-Sholinganallur Road, making it a dream spot for families and IT professionals.

  • Easy Road Access: You can drive easily to Old Mahabalipuram Road (OMR), GST Road, and the 200 Feet Radial Road.
  • Metro Connectivity: The upcoming Medavakkam Metro Station (Red Line) is very close by, and the Chennai International Airport is just a short drive away.
  • Nearby Comforts: Top schools, large shopping spots, and major medical centers like Global Hospital are just a few minutes away.

Important Timeline & Booking Details

  • Expression of Interest (EOI) Window: Open now for serious buyers who want to lock in the early price.
  • EOI Token Amount: You can reserve a booking priority slot with a fully refundable token of ₹2 Lakhs to ₹5 Lakhs.
  • RERA Status: The project has applied for its Tamil Nadu RERA registration number, which is expected to arrive soon.
  • Handover Year: The builder plans to finish the construction in phases, with final possession targeted by December 2031.

Frequently Asked Questions (FAQs)

1. What is the current starting entry point for the Prestige Falcon City Chennai pre launch price?

The entry-level pre-launch price starts at ₹1.30 Crore for a cozy 2 BHK flat and goes up to ₹3.54 Crore for a large 4 BHK luxury home.

2. Is the project RERA approved, and when can we see the official registration details?

The builder has already submitted the paperwork to the Tamil Nadu RERA board. The official RERA registration number is expected to come out very soon along with the public launch.

3. What is the per-square-foot base price during the pre-launch phase versus the expected launch price?

Right now, the special pre-launch price is fixed at ₹13,000 per square foot. Once the regular launch starts, the rate is expected to rise to ₹14,500 per square foot.

4. What are the key unit configurations and sizes available in this township?

You can choose between 2 BHK, 3 BHK, and 4 BHK premium apartments. The sizes start from 1,001 square feet for smaller units and go up to 2,735 square feet for maximum luxury layouts.

5. How much is the Expression of Interest (EOI) booking amount, and is it refundable?

The EOI token amount starts around ₹2 Lakhs to ₹5 Lakhs. This token is 100% fully refundable if you decide not to proceed before final unit allocation.

6. Where exactly is this project located, and what makes the location premium?

The property is located right on the Medavakkam-Sholinganallur Road in South Chennai, near Global Hospital. It is highly valued because it connects the major OMR IT corridors with residential neighborhoods very smoothly.

7. What is the expected construction timeline and final possession date for the project?

The building work will start in full swing as soon as the final clearances come in. The entire township will be built over a 4.5 to 5-year timeline, with the final flat handovers scheduled for December 2031.