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Authorized Channel AdvisoryPrestige Group (Prestige Estates Projects Ltd) in JV with Arihant Foundations via Canopy Living LLP
Velachery, Chennai

Prestige Velachery (Prestige Park Street)
Ultra-Luxury High-Rise Living on Velachery 100 Ft Road

A Prestige-Arihant JV masterpiece spanning 3.48 acres with 252 exclusive 3 & 4 BHK residences, 80%+ open space, and seamless connectivity to Taramani IT Hub & Chennai Airport.

Land Parcel
3.48 Acres
Master Plan
Towers & Elevation
4 Towers (A, B, C, D) | 2 Basements + Ground + 18 Floors (65.95m height)
High Architecture
Residences
252 Apartments
Curated Density
Open Space
80%+ Green & Open Space (Podium-based design with surface car-free zones)
Landscape Greens
Clubhouse Scale
Large-format Clubhouse with wellness spa, gym, indoor games, party hall, library & reflexology path (Exact sq.ft. Available on Request)
Lifestyle Hub
Possession Timeline
31st October 2030
RERA Commitment
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Prestige Velachery (Prestige Park Street)
At a Glance

A structured summary of key specifications, verified against official HRERA filings and developer disclosures.

Developer Pedigree

Prestige Group (Prestige Estates Projects Ltd) in JV with Arihant Foundations via Canopy Living LLP

Micro-Market

Velachery, Chennai

Primary Arterial Road

Velachery 100 Feet Road (Inner Ring Road)

Total Land Footprint

3.48 Acres

Towers & Elevation

4 Towers (A, B, C, D) | 2 Basements + Ground + 18 Floors (65.95m height)

Residential Density

252 Apartments

Open Green Expanses

80%+ Green & Open Space (Podium-based design with surface car-free zones)

Clubhouse Scale

Large-format Clubhouse with wellness spa, gym, indoor games, party hall, library & reflexology path (Exact sq.ft. Available on Request)

Construction Standard

RCC Frame Structure with Aluminum Formwork / Mivan Technology (Standard for Prestige High-Rise)

Official Launch Date

Official Launch: 5th October 2026 (Pre-launch bookings open Dec 2025)

Target Possession

31st October 2030

Official RERA Number

Available on Request (TNRERA Registration in Process)

Master Plan & Craftsmanship

Design Philosophy & Builder Pedigree

Explore the architectural vision, developer execution credentials, and handcrafted interior specifications across three comprehensive pillars.

01
Architectural Blueprint

Project Concept & Master Plan

Biophilic Architecture

Engineered for maximum daylight penetration, dual-aspect ventilation, and panoramic green sightlines.
Prestige Velachery (marketed as Prestige Park Street) is conceived as a low-density, vertical luxury enclave on the arterial Velachery 100 Ft Road. The master plan prioritizes biophilic design: two levels of basement parking liberate the podium for expansive green landscapes, walking trails, a yoga lawn, and a dedicated pet park. The four towers (A–D) are oriented to maximize cross-ventilation and Vaastu compliance, with deep wrap-around balconies extending living spaces outward. The 65.95m elevation lifts residences above the road noise, capturing prevailing breezes. The development achieves a high FSI (~7.5 lakh sq.ft. built-up) translating into spacious 3 & 4 BHK layouts (2,280–4,288 sq.ft.) designed for multi-generational families seeking privacy, supported by a 4-apartments-per-floor ratio ensuring minimal shared lobby traffic.
Low Density Planning Private Elevator Access Dual-Aspect Ventilation Continuous Running Decks
02
Institutional Governance

Developer Pedigree & Legacy

Prestige Group (Prestige Estates Projects Ltd) in JV with Arihant Foundations via Canopy Living LLP

Publicly traded institutional trust, flawless regulatory adherence, and benchmark delivery milestones.
Prestige Estates Projects Ltd (BSE: 533274, NSE: PRESTIGE) is a ₹10,000+ Cr revenue conglomerate with a 38-year legacy across residential, commercial, retail, and hospitality. In Chennai, Prestige has delivered landmarks like Prestige Courtyards (OMR), Prestige Downtown (KK Nagar), and Prestige Windsor Park (Vanagaram). This Velachery project is a strategic Joint Venture with Arihant Foundations (est. 1992, 100+ projects) under Canopy Living LLP, combining Prestige's pan-India brand equity & capital strength with Arihant's deep South Chennai micro-market execution expertise. The JV structure (GDV ~₹1,600 Cr) de-risks delivery; both partners maintain independent facilities management verticals ensuring post-handover service standards. Prestige's Chennai portfolio commands a consistent 10–15% resale premium over non-branded stock, validating the brand multiplier for end-users and investors alike.
Corporate Transparency Proven Delivery Track Record Strict RERA Compliance Top-Tier Capitalization
03
Finishing Standards

Interior & Finishes Specifications

Turnkey Luxury Execution

Imported Italian marble, multi-split VRV/VRF climate orchestration, and smart home automation.
Flooring: Large-format vitrified tiles (living/dining/bedrooms) & anti-skid ceramic (balconies/utility). Kitchen: Modular setup with quartz countertop, stainless steel sink, chimney & hob provision, CP fittings (Kohler/Grohe equivalent). Bathrooms: Designer sanitaryware (Duravit/Kohler), wall-hung WCs, rain showers, frameless glass enclosures. Climate Control: VRF/VRV AC system provision with copper piping & dedicated outdoor unit balconies. Home Automation: Smart hub for lighting, curtains, AC & security (video door phone, access control). Balconies: Deep decks (~6–8 ft) with toughened glass railings. Doors: Teak veneer main door (8 ft ht), laminated bedroom doors. Windows: UPVC/Aluminum powder-coated with mosquito mesh. Electrical: Modular switches (Legrand/Schneider), sufficient points for WFH setups. Water: Centralized RO + softener loop.
Italian Marble Flooring Concealed VRV Multi-Split AC European Modular Kitchens Smart Home Automation
Unit Configurations & Pricing Overview

Curated Configurations & Starting Prices

Choose from finely detailed floor plate dimensions engineered for natural ventilation and panoramic horizons.

3 BHKSaleable / Super Built-up Area
2,280 – 2,435 sq. ft.
₹4.0 Cr Onwards(~₹17,500 – ₹18,500 / sq. ft. (Indicative))
Layout Highlights

3 Bed + 3 Toilet + Study/Utility + Powder Room + 2 Balconies (Master & Living) + Servant Quarter Option + Deep Wrap-around Deck (~8 ft)

4 BHKSaleable / Super Built-up Area
3,024 – 3,320 sq. ft.
₹5.3 Cr Onwards(~₹17,500 – ₹18,500 / sq. ft. (Indicative))
Layout Highlights

4 Bed + 4 Toilet + Study + Family Lounge + Powder Room + 3 Balconies + Servant Quarter + Private Lift Lobby Access (Select Units)

4.5 BHK + StudySaleable / Super Built-up Area
~3,797 sq. ft.
Contact for Price(~₹18,000 / sq. ft. (Indicative))
Layout Highlights

4 Bed + Study + Family Room + 4.5 Toilets + Expansive Entertaining Deck + Dual Master Suites + Dedicated Service Entry

4 BHK + Family RoomSaleable / Super Built-up Area
~4,288 sq. ft.
Contact for Price(~₹18,000 / sq. ft. (Indicative))
Layout Highlights

Flagship Layout: 4 Bed + Family Room + Home Office + 5 Toilets + Panoramic Corner Decks (3 sides) + Private Sky Lounge Access (Top Floors)

Location & Connectivity

Strategic Placement & Commute Benchmarks

Velachery has evolved from a suburban outpost into South Chennai's primary residential-commercial nexus, anchored by the Taramani–Velachery IT Corridor (TCS, Cognizant, Wipro, Sutherland within 3–5 km), Phoenix Marketcity (1.5 km), and the Grand Southern Trunk (GST) Road arterial. The 100 Ft Road (Inner Ring Road extension) provides direct east-west connectivity to OMR (via Taramani Link Road) and GST Road (via Velachery Main Road). Upcoming Chennai Metro Phase 2 (Corridor 4: Light House–Poonamallee via Velachery) will add a station ~800 m from the project, reducing CBD commute by 30%. The micro-market exhibits high rental velocity (3–4% gross yield) driven by IT expat demand and limited luxury supply; capital appreciation has averaged 8–10% CAGR over 5 years. Prestige Velachery sits at the sweet spot: walkable to Velachery MRTS (800 m), 5 min to Phoenix Marketcity, 10 min to Tidel Park/ASCENDAS IT Parks, yet insulated by the 3.48-acre green buffer.

Key Commute Times to Prime Business Hubs

Chennai International Airport (T1/T2/T3)
7.3 km / ~14–18 min via GST Road
Tidel Park / Ascendas IT Park (Taramani)
4.2 km / ~12 min via 100 Ft Rd & Taramani Link Rd
Phoenix Marketcity / Velachery Main Road Commercial Hub
1.5 km / ~4 min
Guindy Industrial Estate / Kathipara Junction
5.5 km / ~15 min via GST Rd
OMR (Perungudi/Sholinganallur)
6–9 km / 15–20 min via Link Roads

Arterial Expressways & Road Links

  • Velachery 100 Ft Road (Project Frontage)
  • GST Road (NH-32) – 2.5 km / 7 min
  • OMR (IT Expressway) via Taramani Link Rd – 3.5 km / 10 min
  • Inner Ring Road / Medavakkam Main Rd – 1.8 km / 5 min
  • Chennai Bypass (NH-48) – 8 km / 20 min

Metro Stations & Rapid Transit

  • Velachery MRTS Station – 800 m (Operational, Beach–Velachery Line)
  • Chennai Metro Phase 2 (Corridor 4) – Velachery Station (Proposed) ~1 km
  • MTC Bus Hub (Velachery) – 900 m

Social Infrastructure & Catchment

Reputed Schools
  • DAV Public School, Velachery – 1.2 km
  • Sishya School, Adyar – 4.5 km
  • Chettinad Vidyashram, Adyar – 5.2 km
  • BVM Global, Bollineni Hillside (OMR) – 6 km
Healthcare Centers
  • Kauvery Hospital, Alwarpet – 5 km
  • Fortis Malar, Adyar – 6 km
  • Gleneagles Global Health City, Perumbakkam – 8 km
  • Vijaya Hospital, Vadapalani – 7 km
Retail & High-Street Hubs
  • Phoenix Marketcity (1.4M sq.ft.) – 1.5 km
  • The Grand Mall (Velachery) – 1 km
  • VR Chennai (Anna Nagar) – 12 km
  • Express Avenue (Royapettah) – 11 km
Curated Amenities

Lifestyle Sanctuaries & Exclusive Club

Curated across wellness hydrotherapy, social entertaining lounges, and smart eco-sustainability.

Wellness & Athletics

  • Temperature-controlled Swimming Pool with dedicated Kids' Pool
  • Fully Equipped Gymnasium (Cardio, Strength, Functional Zones)
  • Outdoor Sports Courts: Badminton, Basketball Half-Court, Tennis (on podium)
  • Yoga Lawn & Reflexology Walking Path
  • Cycling & Jogging Track (Perimeter Loop ~400m)

Leisure & Social Club

  • Grand Clubhouse (~25,000+ sq.ft. est.) with Double-Height Lobby
  • Multi-purpose Banquet Hall / Party Hall (200+ capacity)
  • Indoor Games Room: Table Tennis, Billiards, Carrom, Chess
  • Senior Citizens' Deck with Therapeutic Garden
  • Children's Play Area & Tot-Lot (Age-zoned)
  • Pet Park & Pet Grooming Station
  • Library & Co-working Lounge
  • Wellness Spa & Salon (Steam, Sauna, Massage Rooms)

Safety & Sustainability

  • 3-Tier Security: Perimeter CCTV + Boom Barriers + Video Door Phone + Guard Patrols
  • EV Charging Points (Provision in Basement Parking – 1 per 5 units est.)
  • Rainwater Harvesting (Recharge Pits + Collection Tanks)
  • Solar PV on Podium Roof (Common Area Lighting Offset)
  • STP & WTP (Zero Liquid Discharge Target)
  • Organic Waste Converter (Composting for Landscape)
  • Dual Plumbing (Recycled Water for Flushing/Irrigation)
  • Fire Safety: Sprinklers, Hydrants, Pressurized Staircases, Refuge Areas (per NBC 2016)
Investment Analysis

Capital Growth Drivers & Rental Potential

High-net-worth ownership dynamics, corporate leaseback demand, and comparative market valuation.

Primary Growth Catalysts

  • Chennai Metro Phase 2 (Corridor 4) Operationalization (Target 2027–28) – Direct station access reduces CBD commute, historically drives 12–15% price premium within 500m radius.
  • Taramani–Velachery IT Corridor Expansion: 2M+ sq.ft. new Grade-A office supply pipeline (2025–28) sustaining rental demand for 3/4 BHK executive housing.
  • Scarcity of Large-Format Luxury Land Parcels on 100 Ft Road: Last sizable assembly; future supply constrained to redevelopment (lower FSI).
  • Prestige Brand Resale Multiplier: 10–15% premium over non-branded comps in Velachery (per secondary market data 2020–24).

Rental Yields & Tenant Catchment

Target Tenant: Senior IT/ITES professionals (₹30–60 LPA), expat families, corporate CXOs. Expected Monthly Rent: 3 BHK ₹85K–₹1.1L; 4 BHK ₹1.2L–₹1.6L. Gross Yield: 2.5–3.0% (capital appreciation dominant play). Low vacancy (<5%) due to proximity to TCS, Cognizant, Wipro campuses and international schools. Corporate lease tie-ups feasible via Prestige facilities management.

Market Competition Benchmark

Primary Competitor: Brigade Stellaris (5.19 acres, 284 units, 3/4/5 BHK, ~₹4.49 Cr+ start, RERA: TNRERA/29/BLG/0052/2026, Launched). Prestige Velachery differentiates via lower density (72 units/acre vs 55), higher GDV/acre (~₹460 Cr vs ~₹340 Cr), Prestige's established Chennai delivery track record vs Brigade's newer Chennai entry, and superior podium amenity scale. Secondary: Godrej Azure (Padur/OMR – farther from IT core), Prestige Pallava Gardens (Pallavaram – GST Road, township format). Prestige Velachery commands a location premium for 100 Ft Road frontage & Metro adjacency.

Compliance & Questions

Frequently Asked Questions

Transparent statutory compliance, booking procedure, and project timelines for Prestige Velachery (Prestige Park Street).

Official HRERA Registration
Available on Request (TNRERA Registration in Process)
Authority: TNRERA (Tamil Nadu Real Estate Regulatory Authority) • Status: Applied / Under Review
Verified HRERA Compliance

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Statutory Disclaimer: All details, floor plans, dimensions, prices, and timelines presented are sourced from public disclosures, developer marketing collaterals, and verified real estate portals as of the research date. These are subject to change by the developer (Prestige Estates Projects Ltd / Canopy Living LLP) without prior notice. Final allotments, agreements, and specifications are governed exclusively by the executed Agreement for Sale and the final TNRERA registration certificate. Carpet area definitions follow the RERA Act. Prospective buyers must independently verify all information on the TNRERA portal and review the legal documents before committing funds.
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