Prestige Palm Court offers affordable to luxury apartments, allowing buyers to choose homes based on their budget, size preference, and configuration. This price flexibility makes the project suitable for first-time homebuyers, families, and investors.
The cost sheet, payment schedule, and detailed price list will be shared with buyers. Attractive new- launch offers are available during the pre-launch stage. Prestige Group evaluates current market trends to ensure competitive and fair pricing.
Madhavaram, North Chennai, has become a preferred residential and investment destination due to:
- Proximity to major industrial and employment hubs
- Excellent road and metro connectivity
- Rapid infrastructure development
- Comparatively reasonable property prices
Real estate prices in Madhavaram have seen steady growth due to the presence of established industries and upcoming developments, making it an ideal choice for long-term investment.
Prestige Palm Court in Madhavaram offers modern, spacious, and thoughtfully designed apartments that meet the needs of today’s urban lifestyle. With competitive pricing, premium construction quality, and a trusted developer, the project stands out in the Madhavaram real estate market.
Prestige Group projects in Chennai are competitively priced compared to similar developments. As announced, the project is planned for on-time completion and possession by December 2030.
After RERA approval, Prestige Palm Court will be officially launched. Prices are expected to increase post launch. The project launch is planned for April 2026, after which complete apartment pricing and carpet area details will be released.
Pre-launch bookings are now open, allowing buyers to reserve preferred units early and benefit from better pricing and future appreciation.
Madhavaram is one of the most promising residential locations in North Chennai, offering homes at competitive prices with strong future growth potential. Due to growing demand, many reputed developers have launched new projects in the area.
- 1 BHK apartment price in Madhavaram: Starts from Rs. 45 Lakhs
- Luxury 1 BHK price: Up to Rs. 65 Lakhs
- 1 BHK rental value: From Rs. 12,000 per month
With excellent transport connectivity and fast-paced development, property prices in Madhavaram are expected to rise steadily.
Chennai has seen a lot of development in recent years. New roads, metro lines, and better transport facilities have improved travel across the city. Chennai is also an important IT city, which creates many job opportunities.
Because of job growth and people moving into the city, the population of Chennai is increasing. As more people look for homes, the demand for apartments is also rising. Due to this growing demand, apartment prices are gradually increasing. To meet this need, many new residential projects are being developed in different parts of the city.
Chennai offers many housing options for buyers, starting from budget-friendly homes to luxury apartments.
Some popular areas to invest in apartments in Chennai include:
- Pallavaram
- Tambaram
- Guindy
- Velachery
- Thoraipakkam
- Anna Nagar
- Adyar
Apartment prices in Chennai depend on the location, apartment size, and the builder’s reputation. In Chennai, the price of a 1 BHK apartment starts from Rs. 55 Lakhs, and this varies by area. The rent for a 1 BHK apartment starts from Rs. 12,000 per month.
The payment plan explains how buyers need to pay for their apartment. It includes details such as apartment size, type, booking amount, GST, agreement value, and installment schedule. It clearly shows all costs involved and how payments should be made.
Prestige Palm Court offers different payment options like down payment plans, flexible payment plans, and part-payment plans. The builder will work with banks to provide payment plans that suit buyers’ needs.
Buyers can make payments easily through the installment plan offered for this project. At the time of booking, buyers need to pay 10% of the total apartment value. The remaining amount is paid in smaller installments during construction. Buyers can select a payment plan that fits the budget.
- 10% of the total amount at the time of booking
- 10% when construction starts
- 10% during excavation work
- 10% at the plinth stage
- 10% during basement construction
- 10% when ground floor construction begins
- 10% when first floor construction begins
- 10% during flooring work
- 10% during plumbing work
- 10% at the time of possession
The Chennai residential real estate market is growing steadily and remains one of the best places to invest in property. Many people want to buy homes in Chennai because the city is expanding, more jobs are being created, and transport and other infrastructure are improving. These developments help increase the value of houses and apartments over time.
- Infrastructure growth: New metro lines, roads, and transport links make it easier to travel across Chennai.
- Job opportunities: IT companies, industries, and offices are growing, which brings more workers to the city.
- Steady price rise: Chennai house and apartment prices are rising gradually, often around 4–7% each year in many areas.
Because of all this, many buyers prefer to buy homes now rather than later.
Apartment prices vary a lot in different parts of the city. Central and well-connected areas are more expensive, while outer suburbs are more affordable.
Typical apartment price ranges (per sq. ft.) in Chennai:
- Affordable areas: Around ₹4,500 – ₹7,000 per sq. ft.
- Mid-range locations: Around ₹7,000 – ₹10,000 per sq. ft.
- Prime areas: Around ₹12,000 – ₹18,000 per sq. ft. or higher depending on location and amenities.
Prices can be higher in very premium areas, and lower in emerging suburbs that are still developing.
Here’s an example of typical approximate prices in some Chennai localities (may vary with market conditions):
| Location | Price |
| Saidapet | Rs. 12000/sq. ft. |
| Nanganallur | Rs. 9,500/sq. ft. |
| Avadi | Rs. 5.500/sq. ft. |
| Keelkattalai | Rs.7,500/sq. ft. |
| Urapakkam | Rs. 5000/sq. ft. |
| Guindy | Rs. 16,000/sq. ft. |
| Vandalur | Rs. 5,000/sq. ft. |
| Nungambakkam | Rs. 19,500/sq. ft. |
| Maraimalai Nagar | Rs. 5000/sq. ft. |
| Pallikaranai | Rs. 6,700/sq. ft |
| Medavakkam | Rs. 6,100/sq. ft |
| Siruseri | Rs. 5,500/sq. ft |
(These numbers are general market averages and may change over time.)
- Steady demand: More people are choosing gated communities, modern apartments, and well-connected locations.
- Transport boosts value: The Chennai Metro Phase II expansion has improved connectivity and created more demand in suburban areas.
- Developer interest: Builders are launching more residential projects in both south and north Chennai to meet the demand.
- Balanced market: Chennai’s price increases are steady and not too sudden, which helps buyers and investors plan better.
Madhavaram is becoming a popular place to buy homes because,
- Prices are relatively affordable compared to many central areas.
- Many facilities like schools, hospitals, and roads are being developed nearby.
- Good connectivity to the city and future transport expansions are attracting buyers.
In Madhavaram, property values have been rising as more people look for homes and investment options. This growth is supported by nearby job opportunities, better infrastructure, and easy access to major city zones.
The cost sheet is an official document that clearly explains the total price of an apartment. It helps buyers understand how the final cost is calculated and what charges are included. The Prestige Palm Court cost sheet will provide complete pricing details for all apartment types in the project.
As Prestige Palm Court is currently in the pre-launch stage, the detailed cost sheet has not yet been released. It will be shared with buyers after the project receives the required approvals and moves closer to launch. The cost sheet mainly includes a price breakup and the payment schedule, which helps buyers plan their purchase better.
What Does the Prestige Palm Court Cost Sheet Include?
The cost sheet of Prestige Palm Court will include the following components
- Base Price – The basic cost of the apartment
- Sale Value – The total value of the apartment before taxes
- Carpet Area Cost – Price based on usable living space
- Built-up Area Cost – Price including walls as well as shared areas
- Additional Charges – Charges for amenities, floor rise, and other applicable costs
- Stamp Duty & Registration Charges – Government charges for property registration
- GST – As applicable on under-construction apartments
- Agreement Value – Value mentioned in the sale agreement
- Total Price – Final amount payable by the buyer
The Prestige Palm Court cost sheet will help buyers compare options, understand all charges clearly, and make a proper decisions. Once released, it will offer full transparency on pricing and payment terms.