Having the Prestige Falcon City Chennai EOI amount and process explained in simple words is the first step to buying a luxury home in Medavakkam at the lowest price. To book a flat before the main launch, buyers need to pay a 100% refundable Expression of Interest (EOI) amount of ₹3 Lakhs for a 2 BHK, ₹5 Lakhs for a 3 BHK or 3.5 BHK, and ₹8 Lakhs for a 4 BHK. The EOI process is very easy. You just pick the flat size you want, fill out a booking form, give your basic ID proofs, and give a cheque or online payment to the Prestige Group. This gives you a token number so you can pick your favorite flat first on the launch day.

What is an EOI (Expression of Interest) in Real Estate?

An Expression of Interest (EOI) is an early booking request used by big builders like the Prestige Group before a project opens to the public. Think of it like a VIP pass. When you give an EOI, you show the builder that you truly want to buy a flat in Prestige Falcon City Chennai (located on the main Medavakkam–Sholinganallur Road).

It is not a final sale paper. Instead, it saves your place in line. This way, you get the first choice of floor, tower, and view before other people can book. It also locks in the lowest early-bird price for you.

Prestige Falcon City Chennai EOI Amount Breakdown

The early EOI booking amount depends on the size of the flat you want to buy. This huge project sits on 23 acres of land and has 22 tall towers (2B+G+14 floors) with 2,170 Vaastu-friendly flats.

Below is the exact EOI amount you need to pay, along with the flat sizes and early base prices:

Important Pricing Note: The early base price is fixed at ₹13,000 per sq. ft. until the main launch on December 15, 2026. Once the project officially opens to everyone, the price will go up to ₹14,500 per sq. ft.

Step-by-Step: Prestige Falcon City Chennai EOI Process Explained

Giving your EOI is a fast, clear, and easy process. Just follow these six simple steps to get your early pass:

• Talk to an Official Sales Person: Meet the official Prestige Group sales team or a trusted partner at the Medavakkam site office to see the project map and flat plans (1,001 to 2,735 sq. ft.).
• Pick Your Flat Size: Choose if you want a 2 BHK, 3 BHK, 3.5 BHK, or 4 BHK home. You can write down up to three choices for your favorite tower, floor, and view (like pool view, garden view, or East-facing flats).
• Fill Out the EOI Form: Write your name, phone number, address, and flat choices on the official EOI booking form.
• Give Your Basic ID Proofs: Attach signed copies of your PAN Card, Aadhaar Card (or Passport for NRIs), and one passport-size photo.
• Make the EOI Payment: Give a cheque, Demand Draft (DD), or make an online bank transfer (NEFT/RTGS) for your EOI amount (₹3 Lakhs, ₹5 Lakhs, or ₹8 Lakhs) in the name of the official Prestige Group bank account. (Note: Many early bookings let you give a cheque that the builder will only put in the bank after RERA approval comes).
• Get Your Token Number: Once the team checks your form and payment, they will give you an official receipt and a special Priority Token Number. Flats are given strictly on a "First-Come, First-Served" basis using this token number.

Top 4 Benefits of Submitting an EOI Early

• Big Money Savings (Save ₹1,500 per Sq. Ft.): EOI buyers get the low early price of ₹13,000 per sq. ft. instead of the launch price of ₹14,500 per sq. ft. On a normal 1,500 sq. ft. 3 BHK flat, you save ₹22.5 Lakhs right away before building work even starts.
• First Choice of the Best Flats: About 80% of this 23-acre project is open green space with a huge 70,000 sq. ft. clubhouse. Because of this, corner flats and park-facing homes sell out very fast. An EOI makes sure you get the first pick of the best flats.
• No Money Risk: Your EOI money is 100% refundable. If you do not get the flat you want on launch day, or if you change your mind before signing the final sale papers, the builder will give back all your money without cutting a single rupee.
• Discounts on Extra Charges: Early EOI buyers often get special launch gifts, like discounts on floor-rise charges (extra cost for higher floors above the 6th floor) or view charges.

What Happens After You Pay the EOI? (Timeline & Payment Plan)

Knowing what happens after you pay the EOI helps you plan your money easily:

• Early EOI Booking Starts: December 1, 2026.
• Main Launch & RERA Approval: Expected by December 15, 2026. Once Tamil Nadu RERA (TNRERA) gives the approval number, flat selection begins.
• Flat Selection Day: Based on your token number, the builder calls you to pick your exact flat.
• Final Booking (10% Payment): Once you lock in your flat, your EOI money (₹3L / ₹5L / ₹8L) is counted as part of the first 10% booking payment.
• Signing the Sale Agreement (Within 30 Days): You pay the next 10% (or 20% based on your payment plan) when you sign the main buyer agreement.
• Easy Installment Payments: You pay the remaining 80% in small parts as the building grows floor by floor over 4.5 years. The flats will be ready for you to move in by December 2031.

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