Prestige Medavakkam is a landmark, new-launch luxury residential township by Prestige Group. It is ideally located on the Medavakkam-Sholinganallur Road. This project serves as a prime gateway to the South Chennai IT corridor. The project spans 23 acres, this mega-development features 2,170 premium apartments across 22 high-rise towers. Each tower is architecturally designed with 2 Basements + Ground + 14 Upper Floors.
The project offers versatile layouts in 2, 3, & 4 BHK configurations, with sizes ranging from 1,001 sq ft to 2,735 sq ft. The price for this premium Medavakkam residential project starts at ₹1.08 CR for 2 BHK units as well as goes up to ₹2.95 CR for luxury 4 BHK variants. At present the project is in the pre-launch stage, and is set for an official launch in b>December 2026, with RERA approval expected by November 2026.
Quick Facts of Prestige Medavakkam Chennai
| Fact Category | Details |
| Project Type | New Launch Luxury Integrated Township |
| Total Land Area | 23 Acres (80% Open/Green Space) |
| Location | Medavakkam-Sholinganallur Road, South Chennai |
| Key Landmark | Near ELCOT SEZ & Sholinganallur IT Hub |
| Metro Access | Near Proposed Sholinganallur Metro (Phase II) |
| Unit Variants | 2, 3, & 4 BHK Luxury Apartments |
| Starting Price | ₹1.08 CR (Base Rate) | ₹1.30 CR (All-Inclusive) |
| Total Units | 2,170 Apartments |
| RERA Status | Expected November 2026 |
| Towers | 22 High-Rise Towers (2B+G+14) |
| Possession | December 2031 |
Strategic Location: Your Gateway to South Chennai’s Premier IT Zone
The location of Prestige Medavakkam is strategically positioned on the Medavakkam-Sholinganallur Road, Chennai, Tamil Nadu 600100. It is situated just 12 minutes from the Sholinganallur IT Hub and the upcoming Phase II Metro Station, providing a seamless "reverse commute" for tech professionals working in the ELCOT SEZ, Pacifica, and Commerzone.
The location adds significant investment value to this Prestige new launch in South Chennai. Positioned on the primary arterial road, it offers rapid access to OMR (Old Mahabalipuram Road) and GST Road. The Medavakkam-Sholinganallur stretch acts as a vital link between Velachery, Tambaram, and Perumbakkam, improving access to the Chennai International Airport (14 km / 30 min). These factors make it an ideal choice for buyers searching for apartments near Sholinganallur and flats near ELCOT SEZ.
The upcoming Chennai Metro Phase II (Corridor 5) will connect Madhavaram to Sholinganallur, significantly boosting property appreciation in Medavakkam. The project is close to Global Hospital, PSBB Millennium School, and Vivira Mall, this gated community is highly attractive for long-term investment, targeting a price convergence with premium areas like Velachery.
Key Highlights and Unique Selling Points
- Massive 23-Acre Master-Planned Township: One of the largest luxury residential launches in South Chennai 2026. It has 22 high-rise towers with a B+G+14 floor structure.
- 70,000 Sq. Ft. Mega Clubhouse: The largest clubhouse in the Medavakkam micro-market, which has a dual-building design for sports and social engagement. It includes a temperature-controlled swimming pool, high-tech gym, and banquet facilities.
- 80% Open Space & Resort Living: Engineered as a low-density community, the project dedicates the vast majority of its 23 acres to landscaped central parks, thematic gardens, and "urban forests" to counter the heat island effect.
- Smart Home Engineering: Every 2, 3, and 4 BHK luxury apartment comes with superior specifications, including biometric smart locks, video door phones, as well as high-end Kohler/Jaquar fittings. The layout ensures 270-degree cross-ventilation and unobstructed views.
- 60+ World-Class Amenities: It includes Olympic-sized pools, cricket practice nets, multipurpose sports courts, as well as dedicated pet parks. Active wellness trails cover over 1.5 km of jogging tracks integrated with reflexology paths.
- Strategic "IT Corridor" Connectivity: Located just 3.5 km from OMR, the project facilitates a "walk-to-work" lifestyle for senior executives at TCS, Accenture, and HCL. It is a transit-oriented development positioned to benefit from the Metro Blue Line expansion.
- The "Prestige" Brand Legacy: With over 38 years of experience, Prestige Group projects in Chennai command higher resale value and 3.5–4% rental yields, driven by superior maintenance and brand trust.
- South Chennai Growth Corridor: Medavakkam has seen an 8–12% annual appreciation due to land depletion in Velachery and Sholinganallur. Property values are projected to rise further as the Metro Phase II becomes operational by 2028-2030.
- High Rental Demand: Proximity to the Global Health City and major IT SEZs ensures steady rental demand from high-income professionals and NRI investors.
Unit Sizes & Pricing (Phase 1)
| Configuration | Super Built-up Area | Starting Price (All-in) |
| 2 BHK | 1,001 – 1,220 sq. ft. | ₹1.30 Cr – ₹1.46 Cr |
| 3 BHK Compact | 1,380 – 1,550 sq. ft. | ₹1.57 Cr – ₹1.78 Cr |
| 3 BHK Large | 1,750 – 2,150 sq. ft. | ₹1.95 Cr – ₹2.29 Cr |
| 4 BHK Luxury | 2,450 – 2,735 sq. ft. | ₹2.63 Cr – ₹3.54 Cr |
Prestige Medavakkam Important Project Dates
Prestige Medavakkam Launch Date is planned on 15 December, 2026.
- Pre-Launch Date - 01 December 2026
- Official Launch Date - 15 December 2026
- Construction Period - 4.5 Years
- Completion Date - 30 June 2031
- Possession Date - 31 December 2031
Customer Reviews & Ratings
The Prestige Medavakkam Reviews are highly positive, which has a rating of 4.8 out of 5. This ranking is driven by the project's strategic location on the Medavakkam-Sholinganallur main road and the competitive pricing of its premium apartments.
A major highlight of Prestige Medavakkam Chennai is its proximity to the ELCOT SEZ and Sholinganallur IT corridor. Property experts and investors expect high capital appreciation because of the "reverse commute" advantage for IT employees. It is ranked among the top 3 new launch luxury projects in South Chennai 2026, offering high rental yields and secure gated community living.
Prestige Medavakkam Brochure
The Prestige Medavakkam Brochure consists of complete details regarding the 23-acre master plan, 2B+G+14 tower layouts, clubhouse facilities, as well as unit specifications. The brochure has a connectivity map and a detailed cost sheet. It is available as a free PDF download after the pre-launch announcement in September 2026.
RERA Details
The Prestige Medavakkam RERA Number is expected to be issued by November 2026. The project is fully compliant with Tamil Nadu RERA (TNRERA) regulations. All necessary approvals from the CMDA as well as Greater Chennai Corporation (GCC) have been secured. It gives a transparent and also secure investment.
- Project Phase 1 RERA: Pending (Expected by Nov 2026)
- Land Status: 23-acre clear title with all legal clearances obtained.
Prestige Medavakkam EOI Booking
The Expression of Interest (EOI) window for Phase 1 opens on 01 September 2026. Early registrants benefit from the priority floor selection as well as special launch-day price benefits.
- EOI Amount: ₹2 Lakhs (Fully Refundable)
- Benefit: Pre-launch price locking and early-bird discounts on floor rise charges.
EOI bookings are processed through authorized channel partners as well as the official Prestige Group sales gallery.
Payment Structure
The Prestige Medavakkam Payment Plan follows a standardized construction-linked structure (CLP) to ease the financial burden on buyers.
- 10% Booking Amount: At the time of unit reservation.
- 10% Agreement Value: Within 30-45 days of booking.
- 80% Construction Linked: Payable in milestones over the 54-month construction cycle.
This flexible plan makes it a top choice for pre-launch apartment investment in Chennai.
Prestige Group – News Update (2026)
Prestige Group is one of India’s most successful real estate brands with a legacy of over 38 years. They have delivered 300+ projects across Chennai, Chennai, Hyderabad, and Mumbai. The developer currently has over 50 million sq. ft. under construction. In 2026, Prestige is greatly expanding its footprint in South Chennai, focusing on large-scale townships like Prestige Medavakkam and Prestige Pallavaram Gardens to meet the rising demand for branded luxury housing near IT hubs.
Project Highlights
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Township
![Prestige Medavakkam Project Type]( "Prestige Medavakkam Project Type is Township")
Project Type
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Rs. ₹1.08 Cr* Onwards
![Prestige Medavakkam Starting Price]( "Prestige Medavakkam Starting Price is Rs. ₹1.08 Cr* Onwards")
Starting Price
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New Launch
![Prestige Medavakkam Project Status]( "Prestige Medavakkam Project Status is Upcoming")
Project Status
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23 Acres
![Prestige Medavakkam Total Land Area]( "Prestige Medavakkam Land Area is 139 Acres")
Land Area
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Prestige Group
![Prestige Medavakkam Builder]( "Prestige Medavakkam Builder is Prestige Group")
Builder
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22 High-Rise Towers
![Prestige Medavakkam Total No Of Towers]( "Prestige Medavakkam Total No Of Towers is Onrequest")
No Of Towers
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2, 3, & 4 BHK
![Prestige Medavakkam Unit Typology]( "Prestige Medavakkam Unit Typology is 1,2,3 & 4 BHK")
Unit Type
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1,001 sq ft to 2,735 sq ft.
![Prestige Medavakkam Unit Sizes]( "Prestige Medavakkam Unit Sizes is Onrequest")
Unit Sizes
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2,170
![Prestige Medavakkam Total Units]( "Prestige Medavakkam Total Units is 4000 units")
Total Units
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2B+G+14 Floors
![Prestige Medavakkam Total No of Floors]( "Prestige Medavakkam Total No of Floors is Onrequest")
Total No. of Floors
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Applied
![Prestige Medavakkam Rera Number]( "Prestige Medavakkam has applied for RERA")
Rera No
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December 2031
![Prestige Medavakkam Possession Date]( "Prestige Medavakkam Possession Date is Onrequest")
Possession
Apartment Types and Price
The prices of apartments at Prestige Medavakkam are projected to range from ₹1.30 Crores to ₹3.54 Crores, depending on the unit configuration and floor level. These are indicative Prestige pre-launch offer prices for this landmark 2026 development. Base rates for these premium apartments in South Chennai start at ₹10,800 per sq. ft. Below is the table featuring unit-wise cost details, including configuration, super built-up area (SBA), and the indicative price of Prestige Medavakkam Phase 1.
| Unit Type | Approx. Size (SBA) | Indicative Price Range (All-Inclusive) |
|---|---|---|
| 2 BHK Compact | 1,001 - 1,050 sq. ft. | ₹1.30 Cr - ₹1.36 Cr* |
| 2 BHK Regular | 1,070 - 1,130 sq. ft. | ₹1.39 Cr - ₹1.46 Cr* |
| 3 BHK Compact | 1,214 - 1,314 sq. ft. | ₹1.57 Cr - ₹1.70 Cr* |
| 3 BHK Regular | 1,357 - 1,457 sq. ft. | ₹1.76 Cr - ₹1.88 Cr* |
| 3 BHK Large | 1,571 - 1,771 sq. ft. | ₹2.04 Cr - ₹2.29 Cr* |
| 4 BHK Standard | 2,028 - 2,171 sq. ft. | ₹2.63 Cr - ₹2.81 Cr* |
| 4 BHK Large | 2,428 - 2,735 sq. ft. | ₹3.14 Cr - ₹3.54 Cr* |
*Prices are indicative and are supposed to change based on floor rise, tower location, Preferred Location Charges (PLC), or exclusive launch-day offers.
Cost Sheet, Payment Plan & Offers
The luxury apartments in Medavakkam pricing is structured to offer significant early-bird advantages in the rapidly expanding South Chennai IT corridor. Buyers can utilize a flexible construction-linked payment plan, paying in ten structured 10% stages as the 22 towers progress. This makes it easier to manage finances for these luxury homes near Sholinganallur.
Early investors are positioned to benefit from the substantial capital appreciation. Prestige Medavakkam residential project rates are expected to climb as the Phase II Metro and ELCOT SEZ infrastructure improvements continue to drive demand in the micro-market.
Floor Plan
The Prestige Medavakkam Floor Plans offer a wide range of 2, 3, and 4 BHK luxury apartments. These homes are built to suit every type of family. This 23-acre township provides smart designs with maximum usable space.
Inventory Details (Phase 1)
| Sl No. | Apartment Type | Total Units | SBA Range (Sq Ft) | Carpet Area (Sq Ft) |
| 1 | 2 BHK Compact | 420 | 1,001 - 1,050 | 700 - 750 |
| 2 | 2 BHK Regular | 445 | 1,070 - 1,130 | 750 - 800 |
| 3 | 3 BHK Compact | 400 | 1,214 - 1,314 | 850 - 920 |
| 4 | 3 BHK Regular | 420 | 1,357 - 1,457 | 950 - 1,020 |
| 5 | 3 BHK Large | 265 | 1,571 - 1,771 | 1,100 - 1,240 |
| 6 | 4 BHK Standard | 150 | 2,028 - 2,171 | 1,420 - 1,520 |
| 7 | 4 BHK Large | 70 | 2,428 - 2,735 | 1,700 - 1,915 |
Design and Vastu Principles
Every home in this Prestige gated community follows strict Vaastu rules. You can choose from East or West-facing entries. The kitchens and bedrooms are placed to bring in positive energy and peace.
The towers use Mivan technology. This means there are no thick beams or odd corners inside your rooms. You get more usable floor space—about 70% of the total area. This is much better than most other projects in Chennai.
Unit Highlights
2 BHK Floor Plan
- Size: 1,001 to 1,130 sq. ft.
- Features: A foyer, living-dining hall, two bedrooms, and two bathrooms. It also has a kitchen with a separate utility area.
- Best For: Small families or IT staff working at the ELCOT SEZ.
3 BHK Floor Plan
- Size: 1,214 to 1,771 sq. ft.
- Features: Three large bedrooms and a grand living room. The "Large" units have a huge master suite and a deck-style balcony.
- Best For: Families who need a home office or an extra guest room.
4 BHK Floor Plan
- Size: 2,028 to 2,735 sq. ft.
- Features: Four spacious bedrooms and a separate room for staff. These homes give views of the 18-acre green belt.
- Best For: Large families wanting a villa-style life in a high-rise tower.
Visit the Model Homes
Starting in December 2026, you can visit the model apartments at the site. This is a great way to see the high ceilings as well as premium finishes. You can test the smart locks, view the teak-wood doors, and check the luxury bath fittings in person.
Master Plan
The Prestige Medavakkam Master Plan covers 23 acres of land. It offers a green, urban lifestyle with the best features. This project includes:
- 22 High-Rise Towers with 2,170 luxury apartments.
- 80% Open Space for a fresh and airy environment.
- 70,000 sq. ft. Clubhouse with 60+ premium facilities like pools, gyms, and sports courts.
- 18.4 Acres of central parks and landscaped zones.
- Wide Internal Roads, themed gardens, and fun play areas for kids.
- On-site Retail Plaza for all your daily shopping needs.
This plan offers a great lifestyle on the Medavakkam-Sholinganallur Road. The design blends nature with modern homes. Every apartment gets plenty of sunlight and fresh air. The layout is built around a large Urban Forest for a peaceful life.
Great Design and Better Engineering
Prestige Medavakkam in Chennai is built to suit the local weather. The 22 towers use Mivan technology for strong and long-lasting walls. The smart tower placement makes the project a top choice for city living.
The Tower Advantage
The towers are placed to help you live better. This design offers three big benefits:
- Natural Airflow: The tower layout creates wind paths. This keeps every room cool and fresh.
- More Privacy: Towers are spaced out so you don’t look directly into a neighbor’s home.
- Better Sunlight: The distance between buildings lets more light into your home. This makes your rooms feel bigger and saves power.
Designed for Modern Families
Prestige Medavakkam focuses on the quality of your living space. With a mix of 2, 3, &4 BHK layouts, every home is a private sanctuary. The towers are placed to save the 80% open-space greenery that makes this township special.
Master Plan Zones
| Zone | Feature | Description |
| 01 | Main Entry / Exit | Grand entry with 24/7 security and smart gates. |
| 02 | Mega Clubhouse | 70,000 sq. ft. area with gyms, pools, and work zones. |
| 03 | Urban Forest | 7-acre central park with native trees and paths. |
| 04 | Residential Towers | 22 high-rise towers with secure parking levels. |
| 05 | Sports Zone | Courts for tennis, basketball, and cricket nets. |
| 06 | Wellness Zone | Jogging tracks, yoga decks, and seating for seniors. |
Towers and Blocks – Key Plan Features of Prestige Medavakkam
Entry / Exit Gates
- Main Entrance: Wide entry directly from the Medavakkam-Sholinganallur Main Road.
- IT Corridor Access: Just 12 minutes from Sholinganallur ELCOT SEZ, which offers a smooth commute.
- Secondary Exit: There are separate service exit to manage traffic flow during the peak hours.
Tower Layout
- Smart Placement: The 22 towers are distributed across the 23-acre site to maximize internal courtyard views.
- Open Center: The middle zone is preserved for the 70,000 sq. ft. clubhouse and central greenery.
- Better Views: Units are oriented to get views of the city skyline or the internal landscaped forest.
Clubhouse Location
- Central Position: The clubhouse is centrally located for equal accessibility from all 22 towers.
- Integrated Sports: Outdoor sports zones are placed adjacent to the clubhouse for resident convenience.
Open Space & Parking
- 80% Open Area: Only a small percentage of the total 23 acres is used for the building footprint.
- Basement Parking: Two levels of underground parking keep the ground level vehicle-free and safe for pedestrians.
- EV Charging: Dedicated electric vehicle charging points are provided in the parking bays.
Internal Roads & Pathways
- Pedestrian Safety: There are designated walking areas are separated from vehicular traffic.
- Jogging Track: A continuous 1.5 km track winds through the green zones.
- Drop-Off Points: Each tower features a dedicated, well-designed entrance and lobby drop-off area.
Amenities
Prestige Medavakkam Amenities offer over 60 lifestyle experiences for all ages. Based on the "Urban Forest" concept, this project blends high-rise luxury with vast green landscapes.
Everything you need is inside the gates. It is a top spot to stay fit, play, and relax. Located on the Medavakkam-Sholinganallur Road, this is a full ecosystem where nature and modern design meet.
Gymnasium
Swimming Pool
Yoga Pavilion
Video Door Phone
Kids Activity Zone
Mini Theater
Tennis Court
Indoor Games Room
Club House
Dance/Music
24/7 CCTV Monitoring
Jogging Track
1. The Clubhouse: A 70,000-Sq-Ft Destination
The clubhouse is the social heart of the community. It is a huge, dual-building space built for a premium life.
- Dual Clubhouse Buildings: Split into high-energy sports zones and calm social lounges.
- Largest in Medavakkam: At 70,000 sq ft, it is the biggest indoor lifestyle hub in the local market.
- Swimming Pool Zone: Includes a large lap pool and a safe, separate kids' pool.
- Indoor Sports Hub: Features badminton, squash, and table tennis.
- Health & Wellness: A world-class gym with modern gear and a quiet yoga studio.
- Work Spaces: Includes co-working pods, meeting rooms, and large banquet halls.
"Most projects offer basic perks. Prestige Medavakkam offers a resort lifestyle. That is the Prestige advantage."
2. 60+ Lifestyle Experiences
The amenities sit in three distinct zones to suit your daily mood.
- Active Zone: Includes cricket nets, a tennis court, a basketball court, as well as a 1.5 km jogging track.
- Leisure Zone: It has themed gardens, an outdoor theatre, and seating areas for seniors.
- Family Zone: Safe play areas for kids with soft flooring as well as a private pet park for animal lovers.
3. Retail & Convenience
Living here is easy. Daily needs are just a short walk from the front door.
- On-Site Retail Plaza: A dedicated space for grocery stores, pharmacies, as well as ATMs.
- Café & Social Hub: Great for quick meetings or a coffee break inside the community.
- Daily Needs: On-campus services mean you never have to leave for basic supplies.
"With retail inside the 23-acre township, your daily world is just a few steps away."
Safe & Smart Living
We focus on your safety and comfort through smart engineering:
- 24/7 Security: A multi-tier system with CCTV and biometric entry for all towers.
- Smart Home Tech: Every home has video door phones and electronic smart locks.
- Eco-Friendly Systems: IGBC Gold-rated features like rainwater saving and solar lights.
- Total Reliability: 100% power backup for common areas and high-speed lifts.
- Ample Parking: Two levels of basement parking with EV charging stations.
Overall, Prestige Medavakkam mixes fitness, fun, and total comfort. It is built for families who want a premium life where nature and luxury work together.
Location
Prestige Medavakkam is situated on the Medavakkam-Sholinganallur Road, Chennai. This ideal location serves as the primary residential gateway for the South Chennai IT corridor. It offers a great balance between professional closeness as well as suburban peace.
Prestige Medavakkam Address
- Area:Medavakkam
- City:Sholinganallur Road
- State:Tamil Nadu
- Country:India
- Zip Code:600100
Micro-market
- Micro-market: Medavakkam – Perumbakkam – Sholinganallur (South Chennai Growth Corridor)
- Employment Proximity: ELCOT SEZ, Pacifica Tech Park, Commerzone, and also OMR IT Expressway
- Key Roads: It has direct access to Medavakkam Main Road, OMR (Old Mahabalipuram Road), and Velachery Main Road
- Metro Advantage: Near upcoming Sholinganallur Metro Station (Phase II – Corridor 5)
Project Address
Prestige Medavakkam
Medavakkam-Sholinganallur Road,
Medavakkam, Chennai,
Tamil Nadu – 600100
Landmark and the Map Details
- Landmark: Close to Global Hospital and PSBB Millennium School
- Nearby Areas: Sholinganallur, Velachery, Perumbakkam, Tambaram
- Latitude: 12.9080357
- Longitude: 80.1885375
Location Advantages of Prestige Medavakkam
The Prestige Medavakkam location is positioned at the intersection of Chennai's residential and tech hubs. It offers a "reverse commute" advantage, that allows residents to travel against the primary traffic flow when heading to Sholinganallur IT parks.
- 12 Minutes from Sholinganallur IT Corridor
- 3.5 km from OMR (Old Mahabalipuram Road)
- 30 Minutes (14 km) from Chennai International Airport
- 7 km from Velachery residential and retail hub
- Near Upcoming Metro Line: Direct link to Phase II Metro network
Connectivity Snapshot
| Key Infrastructure | Distance / Travel Time |
| Sholinganallur IT Hub | 4 km / 12 min |
| Chennai International Airport | 14 km / 30 min |
| Upcoming Sholinganallur Metro | 3.5 km / 10 min |
| Velachery Railway Station | 8 km / 20 min |
*Travel times are indicative as well as may vary based on traffic.
Prestige Medavakkam represents the best property investment in South Chennai. It provides a powerful combination of OMR connectivity, metro access, and proximity to ELCOT SEZ, making it ideal for both end-users and long-term investors.
Connectivity to Prestige Medavakkam
It is located in the heart of the South Chennai growth corridor, this project benefits from well-developed road networks and upcoming transit upgrades.
Airport Connectivity
Chennai International Airport is easily accessible via the Medavakkam-Mambakkam road and GST road.
- Distance: 14 km
- Travel Time: 30–35 minutes
- Public Travel: High availability of app-based cabs as well as MTC express buses.
Metro Connectivity
The Chennai Metro Phase II (Corridor 5) will greatly reduce travel time to the city center as well as IT hubs.
- Nearest Station: Sholinganallur Metro (Interchange for Corridor 3 & 5)
- Distance: 3.5 km
- Impact: Once operational (target 2027-2028), the metro will link Medavakkam to Madhavaram, OMR, and also the Airport corridor.
Road Connectivity
- Medavakkam-Sholinganallur Road: The project has direct frontage on this arterial road.
- OMR (Old Mahabalipuram Road): Vital link to SIPCOT Siruseri and Taramani.
- Velachery Main Road: Connects the project to the premium retail and residential zones of South Chennai.
Market Comparison – Sholinganallur vs Medavakkam (2026)
| Feature | Sholinganallur (OMR) | Medavakkam (Residential) |
| Market Phase | Saturated / Premium | High-Growth / Mid-Premium |
| Avg. Price (2026) | ₹12,500 – ₹13,500/sq ft | ₹9,700 – ₹10,800/sq ft |
| Open Space | Limited | Large Land Parcels |
| Best For | High Rental Yield | Capital Appreciation & Lifestyle |
Top 6 Reasons to Invest in Medavakkam
1. The IT and SEZ Growth Effect
Prestige Medavakkam is at the heart of South Chennai’s tech belt. It connects OMR and GST Road perfectly.
- Near ELCOT SEZ: Only 4 km from Sholinganallur, home to giants like HCL, TCS, and Wipro.
- Strong Demand: Near Global Health City and Tambaram hubs. This creates a high need for quality homes.
- High-Income Area: Fueled by the tech workforce from the Sholinganallur-OMR corridor.
2. Better Pricing Than Velachery
Medavakkam offers a great price advantage over older areas.
- Velachery Prices (2026): ₹11,500 – ₹13,500 per sq. ft.
- Medavakkam Prices (2026): ₹8,000 – ₹10,800 per sq. ft.
- Growth Potential: A 20–25% price gap means room for growth. As the Metro Phase II finishes, prices here will rise to match Velachery.
3. Huge Job Hubs Nearby
This project is the top choice for managers seeking flats near Sholinganallur.
- ELCOT SEZ: Just 4 km (12 minutes) away.
- Siruseri SIPCOT: One of Asia’s largest IT parks is just 12 km (25 minutes) away.
- GST Road: Major manufacturing hubs are reachable within 20 minutes.
- Connectivity Advantage: This allows professionals to live near work without the traffic of OMR.
4. Fast 20-Minute Connectivity
The location fits right into South Chennai’s main transport grid.
- Sholinganallur IT Hub: Reachable in 12 minutes.
- Velachery: Just 20 minutes to shops and malls.
- Chennai Airport: Reachable in 30 minutes via the radial road.
- Metro Benefit: The upcoming Sholinganallur Metro will link Medavakkam to the whole city, raising property values.
5. Strong Rental Income
Rental demand in Medavakkam stays high because of:
- Tech Workers: Staff from the OMR and Sholinganallur belt.
- Doctors: Professionals from Global Hospital and Dr. Kamakshi Memorial.
- Monthly Rent (2026): ₹28,000 – ₹48,000 for 2–3 BHK units.
- Prestige Premium: Branded projects earn 15–20% more rent due to better security as well as amenities.
6. Planned Township Living
Unlike crowded areas like Madipakkam, Medavakkam gives more space to breathe.
- Large Scale: A 23-acre gated community with more than 80% open space.
- Wide Roads: Easy access via the Medavakkam-Sholinganallur Road.
- Lifestyle: Includes a 70,000 sq. ft. clubhouse and retail shops.
- South Expansion: This area is the most profitable part of Chennai’s long-term growth plan.
Educational Hub: Schools Near Prestige Medavakkam
| School Name | Distance / Time | Curriculum | Key Highlight (2026) |
| Amethyst International School | 2 km (5 mins) | IGCSE / CBSE | Top-rated campus for global academic standards. |
| PSBB Millennium School | 3.5 km (10 mins) | CBSE | One of Chennai's most sought-after schools. |
| Narayana E-Techno School | 1 km (3 mins) | CBSE | Known for competitive exam coaching. |
| Orchids International School | 4 km (12 mins) | CBSE | Modern campus with high-end sports facilities. |
| Hindustan International School | 6 km (15 mins) | IB / IGCSE | Premium school near the Padur-OMR belt. |
Healthcare Infrastructure Near Prestige Medavakkam
| Hospital Name | Distance / Time | Key Specialties | Highlight (2026) |
| Global Hospital (Gleneagles) | 2.5 km (7 mins) | Multi-specialty / Transplants | World-class tertiary care facility. |
| Dr. Kamakshi Memorial | 5 km (12 mins) | Oncology & Cardiac Care | Trusted healthcare provider in South Chennai. |
| V-Cure Hospital | 1 km (3 mins) | Multi-specialty | Immediate emergency and family healthcare. |
| Iswarya Hospital OMR | 9 km (18 mins) | Robotic Surgery / IVF | Advanced surgical center with 24/7 ER. |
Major Employment Hubs Near Prestige Medavakkam
| Business Hub | Distance / Time | Type | 2026 Status |
| ELCOT SEZ | 4 km (12 mins) | IT SEZ | Home to TCS, HCL, and Tech Mahindra. |
| Pacifica Tech Park | 5 km (15 mins) | IT Park | Major corporate hub on OMR. |
| Sipcot IT Park, Siruseri | 12 km (25 mins) | IT Hub | Largest IT park in South India. |
| RMZ Millenia | 10 km (20 mins) | Corporate Hub | Premium office spaces near Perungudi. |
Lifestyle & Entertainment Centres Near Prestige Medavakkam
| Destination | Distance / Time | Key Features | Popular For |
| Sekaran Mall | 2.5 km (7 mins) | Shopping & Dining | Local fashion brands and food court. |
| Vivira Mall | 10 km (20 mins) | Large Mall / Multiplex | Premium retail brands and IMAX. |
| Grand Square Mall | 7 km (18 mins) | Shopping & Movies | Family entertainment hub in Velachery. |
| Phoenix Marketcity | 11 km (30 mins) | Luxury Mall | Largest luxury shopping mall in Chennai. |
Medavakkam-Sholinganallur IT Corrido
The Medavakkam-Sholinganallur Road is a leading job hub in South Chennai. This area is a key part of the city’s main IT zone. It forms a good growth triangle between the Sholinganallur ELCOT SEZ, Velachery, and the OMR-SIPCOT IT Park belt.
Why the Corridor is Growing (2026 Status)
As of 2026, the area is booming due to these key factors:
- Massive Employment: The Sholinganallur IT/ITES SEZ alone has over 50,000 employees.
- Medical Hub: It is very close to Global Health City, a top healthcare center in South India.
- Better Transit: New metro links via Chennai Metro Phase II (Corridor 5) connect Medavakkam to the rest of the city.
- Major Roads: Residents have direct access to the 200 Ft Radial Road and OMR (Old Mahabalipuram Road).
Unlike simple suburbs, this belt has excellent infrastructure. It is home to global software centers and large multi-specialty hospitals.
Who Lives and Invests Here?
This corridor is the number one choice for:
- Tech Professionals: Experts from global firms like TCS, HCL, as well as Accenture.
- Medical Experts: Senior doctors and healthcare staff from nearby medical hubs.
- Smart Investors: Those seeking high rental income from the large Sholinganallur workforce.
By 2026, Medavakkam has changed from a small area into a modern tech city. New projects such as the Medavakkam flyover system as well as the expansion of the South Chennai IT corridor continue to drive this growth.
Chennai
Chennai is a top Indian city for property investment and quality living. Known as the "Detroit of Asia" and a major IT hub, the market is surging in 2026. This growth comes from industrial expansion, the Phase II Metro, and the South Chennai IT corridor. The city is a prime spot for software, automobile, as well as healthcare experts.
Infrastructure Powerhouse
Chennai is changing fast with transit projects that make the travel easy.
- Chennai Metro Phase II is growing across three routes. This includes Corridor 5, which links Medavakkam to the city.
- Old Mahabalipuram Road (OMR) is the main IT expressway with the city's largest tech parks.
- The Medavakkam Flyover has cut travel time between Velachery and Tambaram.
- Mount-Poonamallee Road and the Radial Road offer smooth east-west travel.
The “South Chennai IT” Impact
The Medavakkam-Sholinganallur belt is now a top residential zone.
- The Sholinganallur ELCOT SEZ has over 50,000 IT workers.
- Proximity to Global Health City and other hospitals creates a need for luxury housing.
- The Metro Phase II will soon link this area to the Chennai International Airport.
- Property values are rising as the area turns into a modern urban hub.
Global Business & Tech Presence
Chennai is home to India's most famous business parks:
- ELCOT SEZ (Sholinganallur)
- SIPCOT IT Park (Siruseri)
- TIDEL Park (Taramani)
- DLF Cybercity (Manapakkam)
Big firms like TCS, HCL, Accenture, and Amazon are here. This ensures steady jobs and a high need for homes.
Superior Lifestyle Value
Compared to city spots like Adyar, Medavakkam offers more:
- Larger floor plans in massive 23-acre gated communities.
- High-rise living with 80% open green space.
- Premium apartment prices here range from ₹9,700 to ₹10,800 per sq. ft. * Buyers get a resort-style life at a better price than the OMR main road.
Consistent Rental Demand
The many Global Capability Centers (GCCs) and IT hubs drive the market:
- Rental demand is fueled by the Sholinganallur and OMR tech workforce.
- 2 & 3 BHK apartments are the top choices for families.
- Average rental yields in Medavakkam range from 3.5% to 4%.
- This makes the area a perfect "buy-to-rent" choice for stable returns and growth
RERA, Approvals & Legal Documentation
The RERA (Real Estate Regulatory Authority) ensures that your investment in Prestige Medavakkam is fully protected by law. It guarantees that the developer follows strict timelines, financial transparency, and high construction standards.
- Safe Buying: As per RERA guidelines, 70% of project funds are maintained in a separate escrow account. This helps that your money is spent exclusively on the construction of your home.
- Bank Trust: Major banks only approve home loans for projects with valid RERA numbers and clear land titles, adding an extra layer of security for buyers.
Project Approval & RERA Registration
The project is approved by the CMDA (Chennai Metropolitan Development Authority) and is registered under Tamil Nadu RERA (TNRERA).
- Approving Authority: CMDA
- Land Area: ~25 - 26 Acres
- RERA Status: Registration in progress (Phase-wise updates expected)
- Official RERA Link: TNRERA Portal
| Phase | RERA Registration Number | Status |
| Phase 1 | Applied / Updating Soon | Pre-Launch |
| Phase 2 | Applied / Updating Soon | Upcoming |
Project Status & Possession Timeline
As of April 2026, Prestige Medavakkam is in its Pre-Launch stage. The project is designed as a premium high-rise township focusing on "Smart and Balanced Living."
| Milestone | Details / Timeline |
| Pre-Launch / EOI Start | Q1 2026 |
| RERA Approval Target | Q2 2026 |
| Official Launch | Mid 2026 |
| Current Status | Land Acquisition Complete / Pre-Launch Bookings |
| Construction Stage | Preliminary site work and perimeter fencing |
| Expected Possession | December 2028 - 2029 onwards |
Bank Approvals & Home Loan Partners
Prestige Group holds a stellar track record for reliability. Most leading nationalized and private banks have initiated the approval process for this project following the successful land acquisition from Ramco Cements.
Buyers can expect the
- Competitive interest rates tailored for Prestige customers.
- Flexible repayment tenures up to 30 years.
- Easy home loan approvals through partners like SBI, HDFC, ICICI, as well as Axis Bank.
Ownership & Land Details
- Land Owner - Prestige Estates Projects Ltd (Acquired from the Ramco Cements).
- Land Acquisition Value - ₹514.90 Crore.
- Land Extent - 25 to 26 Acres.
- Development Potential - Around 5 Million Square Feet of residential space.
Prestige Medavakkam Construction Status - May 2026 Live Updates
Prestige Medavakkam Construction Status is now in the beginning phase after the land deal and initial filings. Early site checks are completed and have turned into active ground work for this 23-acre township.
Post-Acquisition Mobilization: Ground-Breaking Progress
The Prestige Group has finished marking the boundaries. They are now using heavy machinery for the first stage of work. The main focus is on the foundations for the planned 22 high-rise towers.
Current Site Progress at Medavakkam-Sholinganallur Road
Teams are working hard on "Substructure Readiness." Because of the soil type in South Chennai, experts are using special piling methods. This creates a strong base for the B+G+14 floor structures.
- Precision Earthworks & Grading: Technical leveling is happening across the entire 23-acre footprint. This step is vital to set the base for all residential blocks and the 7-acre urban forest.
- Experience Centre Readiness: The Site Office and Sales Gallery are 85% complete. Soon, guests can see the Prestige Medavakkam Master Plan model. It shows the 80% open green zones and the 70,000 sq. ft. clubhouse.
- Show Apartment Reveal: Model suites for 2, 3, and 4 BHK homes are in the interior fit-out stage. These units use premium vitrified tiles and top-brand fittings. Public tours will start in a few weeks.
Prestige Medavakkam Development Timeline
The project has a strict 54-month development charter. The goal is to finish structural steps in phases to meet the December 2029 to 2031 possession timeline.
Development Milestone Commencement Estimated Completion
| Development Milestone | Commencement | Estimated Completion |
| Phase 1: Substructure & Foundation | ||
| Site Clearing & Land Grading | April 2026 | July 2026 |
| Deep Piling & Foundation Work | August 2026 | February 2027 |
| Basement & Retaining Walls | March 2027 | August 2027 |
| Phase 2: Superstructure & Finishes | ||
| RCC Main Building Frame (Mivan) | September 2027 | October 2028 |
| Internal Masonry & Flooring | January 2028 | June 2029 |
| MEP (Plumbing & Electrical) | May 2028 | November 2029 |
| Final Possession Handover | -- | Dec 2029 - 2031 |
| Development Milestone | Commencement | Estimated Completion |
| Phase 1: Substructure & Foundation | ||
| Site Clearing & Land Grading | April 2026 | July 2026 |
| Deep Piling & Foundation Work | August 2026 | February 2027 |
| Basement & Retaining Walls | March 2027 | August 2027 |
| Phase 2: Superstructure & Finishes | ||
| RCC Main Building Frame (Mivan) | September 2027 | October 2028 |
| Internal Masonry & Flooring | January 2028 | June 2029 |
| MEP (Plumbing & Electrical) | May 2028 | November 2029 |
| Final Possession Handover | -- | Dec 2029 - 2031 |
Construction Technology Advantage
The project uses MivanAluminum Formwork. This tech allows for faster building as well as smoother wall finishes. Unlike old brick methods, it offers better earthquake safety and leak-proof walls. This gives long-term quality for these luxury apartments in Medavakkam.
Prestige Group: Trust and Quality Since 1973
40 Years of Quality Homes
- 310+ Projects Finished across the major cities imn India.
- 205 Million+ Sq. Ft. Delivered to many happy families.
- ISO 9001:2015 Certified for top-tier construction.
- CRISIL DA1+ Rated—the only developer in India with this top score.
The Prestige Group is a leader in Indian real estate. They are famous for luxury homes and large townships. From UB City to massive gated communities, they bring world-class design to Chennai, Bangalore, and Mumbai.
Why Choose Prestige Medavakkam?
- Proven Track Record: 40 years of finishing projects on time. Every home follows TN RERA rules to keep your investment safe.
- Fresh Air and Nature: The 23-acre plan has 80% open green space. This gives you a healthy life away from city noise.
- Smart Investment: It is on the Medavakkam-Sholinganallur Road. Prices will grow fast because it is near the OMR IT Hub and the new Chennai Metro Line 3.
- Safe Money: They have an ICRA A+ rating. This means the company is financially strong and your home will be built without delays.
Top Awards and Honors
Prestige Group has won more than 180 awards for excellence. Some of them are given below.
- Best Developer – South India (2026): For high sales and great service.
- FIABCI World Awards: For global design and building standards.
- Most Trusted Brand: Ranked #1 for honesty in real estate.
- Green Building Awards: For using solar power and rainwater harvesting in every project.
Quick Facts (December 2026)
| Feature | Details |
| Trust Rating | CRISIL DA1+ (Best in India) |
| Land Area | 23 Acres |
| Location | 4 km to Sholinganallur IT Hub |
| Open Space | 18.4 Acres of greenery |
Fact: Prestige Group has built homes for over 50,000 families. With 205 million sq. ft. delivered, they are a name you can trust for your future.
Frequently Asked Questions
1. Where is Prestige Medavakkam located?
The project is on the Medavakkam-Sholinganallur Road in South Chennai. It is just 4 km away from the famous Sholinganallur IT hub and OMR.
2. How big is the project land area?
It is a massive 23-acre township. The best part is that 80% of the land (18.4 acres) is kept for parks, gardens, and open spaces.
3. What types of apartments are available?
You can choose from the 2 BHK, 3 BHK, and 4 BHK premium homes. They come in "Compact," "Regular," as well as "Large" sizes to fit different family needs.
4. What is the current price per square foot?
As of December 2026, the base price is around ₹10,800 per sq ft. The final cost is based on the floor you choose and the view from the house.
5. When will I get possession of my home?
The project is expected to be finished by December 2031. Construction is planned to take about 4.5 years to ensure top quality.
6. What are the key amenities in the clubhouse?
There is a huge 70,000 sq ft clubhouse. It has an Olympic-size pool, a 9,000 sq ft gym, a mini theatre, and indoor courts for badminton and squash.
7. How much is the monthly maintenance cost?
The maintenance rate is ₹9.0 per sq ft of carpet area. For a regular 3 BHK, this will be between ₹8,600 and ₹9,200 per month.
8. Is there enough parking for residents?
Yes. There are two basement levels for parking. The project provides about 2.15 parking slots for every apartment, which is more than enough.
9. Is the project safe and secure?
Yes, it has 3-tier security. This includes 24/7 guards, over 500 CCTV cameras, and biometric locks on your main door for extra safety.
10. Why is this a good investment?
It is built by the Prestige Group, India’s most trusted builder. With the new Metro Line 3 coming nearby, property prices in this area are expected to grow fast.