PRESTIGE CANOPY LIVING PADI (ARIHANT JV), Chennai

PRESTIGE CANOPY LIVING PADI (ARIHANT JV)

Prestige Canopy Living Padi, Chennai, on 16 acres beside Anna Nagar

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16.33
Acres
The Address & The Vision

An Address Worth Owning

Prestige Canopy Living Padi (Arihant JV) marks the entry of two long-standing names in Indian real estate into one of Chennai's steadier northern addresses. Developed through Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations and Housing, the project sits on a 16.33-acre parcel in Padi, positioned close to Anna Nagar. It is conceived as a large-format residential community rather than a boutique release, reflecting the scale both partners are known for in their home markets.

Life here is built around proximity rather than isolation. Anna Nagar's tree-lined avenues, its Tower Park, and its retail spine sit a short drive from the site, while the everyday needs of a family, schools, clinics, grocery stores, and transit, are already woven into the surrounding neighbourhood rather than promised for some later phase. This is a part of Chennai that has grown gradually and predictably, and the project is positioned to extend that pattern rather than disrupt it.

With a proposed saleable area of about 3.6 million square feet across the parcel, the master plan is expected to allow for generous common areas, landscaped open space, and community amenities alongside residential towers, a function of the scale the land itself affords. Design and construction decisions will draw on Prestige Group's near four-decade delivery record and Arihant's more than four decades of experience building in and around Chennai.

The timing reflects a broader recalibration of where premium housing demand is heading in Chennai, toward established northern neighbourhoods with existing infrastructure rather than only the traditional southern IT corridors. Padi's connectivity to Anna Nagar, Mogappair, and the metro network, combined with the scale of this land parcel, positions the address for long-term relevance rather than a short pre-launch cycle.

As planning and approvals progress, further details on configurations, amenities, and pricing for Prestige Canopy Living Padi will follow. Prospective residents and investors are invited to stay connected for updates as the project advances toward its next stage.

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Gallery

Visualize Your Future Space

Configurations & Pricing

Choose Your Space

Pricing on request — speak with our sales team.

Lifestyle

World-Class Amenities

Recreation at PRESTIGE CANOPY LIVING PADI (ARIHANT JV), Chennai
Recreation
  • Clubhouse
  • Multipurpose hall
  • Indoor games room
  • Lounge deck
  • Amphitheatre
Active at PRESTIGE CANOPY LIVING PADI (ARIHANT JV), Chennai
Active
  • Gymnasium
  • Swimming pool
  • Jogging track
  • Tennis court
  • Basketball court
Community at PRESTIGE CANOPY LIVING PADI (ARIHANT JV), Chennai
Community
  • Kids play area
  • Creche facility
  • Senior citizen deck
  • Multipurpose lawn
Greens & Outdoors at PRESTIGE CANOPY LIVING PADI (ARIHANT JV), Chennai
Greens & Outdoors
  • Landscaped gardens
  • Central open green
  • Walking paths
  • Water bodies
Master & Floor Plans

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Master plan preview
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Location / Address

A Defining Address

Korattur village, Ambattur Taluk, Chennai · Chennai

Padi sits in the western reaches of Chennai, wedged between Anna Nagar, Mogappair, Villivakkam, and Korattur, a corridor that has quietly matured into one of the city's more active residential belts. The site itself takes shape on land that once belonged to Sundaram-Clayton Ltd, purchased through Canopy Living LLP, the joint venture between Prestige Estates Projects and Arihant Foundations and Housing. Strategically located in Padi, in close proximity to Anna Nagar, one of Chennai's most sought-after residential micro-markets, the site benefits from a well-established ecosystem, including strong social infrastructure and connectivity.

The address draws its value less from novelty and more from proximity: Anna Nagar's schools, hospitals, and retail are a short drive away, while the Thirumangalam Metro Station on the Green Line sits close enough to make daily commuting practical. Employment corridors at Ambattur Industrial Estate, SIDCO Industrial Estate, and the IT parks along the Padi-Ambattur stretch are within easy reach, giving the location a working rhythm beyond just residential comfort.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Thirumangalam Junction — 3 km
  • Padi Grade Separator — Adjacent
  • Grand Northern Trunk Road — Nearby
  • New Avadi Road — Nearby

Corporate

  • Ambattur Industrial Estate — Nearby
  • SIDCO Industrial Estate — Nearby
  • Ambit IT Park — Nearby
  • Prince Info Park — Nearby

Hospitality

  • VR Chennai Mall, Anna Nagar — Near Shanthi Colony
  • Tower Park, Anna Nagar — Nearby

Education

  • SBOA Global School — Padi
  • Velammal Vidyalaya — Padi
  • Chinmaya Vidyalaya — Anna Nagar
  • D A V Senior Secondary School — Padi

Healthcare

  • SKS Hospital Chennai — Padi
  • Madras Medical Mission Hospital — Padi
  • MGM Healthcare — Anna Nagar
  • Sundaram Medical Foundation — Anna Nagar

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Beyond the Project

Infrastructure & Growth

Thirumangalam Metro Station

The Green Line metro station near Padi anchors north-south connectivity across Chennai, reducing dependence on surface traffic for residents commuting to central and southern parts of the city.

Anna Nagar Metro Corridor

Underground stations at Anna Nagar Tower and Anna Nagar East extend rapid transit access into one of Chennai's best-connected residential zones, directly adjoining the Padi micro-market.

Padi Grade Separator

The elevated road junction at Padi eases movement across one of the busiest intersections in North Chennai, improving daily commute times between Anna Nagar, Villivakkam, and Ambattur.

Ambattur-SIDCO Industrial Belt

Established industrial and IT employment clusters at Ambattur and SIDCO sit close to Padi, sustaining steady rental and end-user housing demand in the surrounding neighbourhood.

Rising Residential Values in Padi

Apartment prices in Padi have shown year-on-year appreciation, reflecting growing buyer interest in this North Chennai corridor as infrastructure and connectivity continue to improve.

Build Quality

Specifications

Structure

  • RCC framed construction designed for durability and seismic safety

Flooring

  • Vitrified tile flooring in living and bedroom areas

Bathroom

  • Premium CP fittings with quality sanitaryware

Kitchen

  • Provision for modular kitchen with utility area

Doors & Windows

  • Engineered wood main door with UPVC windows

Electrical

  • Concealed copper wiring with modular switches

Security

  • 24/7 CCTV surveillance and gated community access control
Why Invest

Compelling Reasons

1

Backed by two established developers

Prestige Canopy Living Padi is developed through Canopy Living LLP, a joint venture bringing together Prestige Group's near four-decade national delivery record and Arihant Foundations' more than four decades of Chennai-focused construction experience.

2

Scale of the land parcel

The project sits on approximately 16.33 acres, one of the larger single land parcels transacted in Chennai in recent years, allowing for a master-planned community with substantial open and common space.

3

Proximity to Anna Nagar

The site is positioned close to Anna Nagar, a long-established and sought-after residential micro-market, giving residents easy access to its schools, hospitals, retail, and metro connectivity.

4

Metro and road connectivity

Thirumangalam Metro Station on the Green Line and arterial roads connecting Padi to Villivakkam, Mogappair, and Korattur place the project within practical commuting distance of central and northern Chennai.

5

Large-format planned development

With a proposed saleable area of about 3.6 million square feet, the project is designed as a scale-driven community rather than a small standalone tower, allowing for phased planning and comprehensive amenities.

6

Established social infrastructure

The surrounding Padi-Anna Nagar corridor already has functioning schools, hospitals, markets, and industrial employment hubs, meaning residents move into a neighbourhood with existing conveniences rather than one still being built out.

About the Developer

Prestige Group

Prestige Group is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, with developments in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. The company is listed on the BSE and NSE as Prestige Estates Projects Limited and operates from Prestige Falcon Tower on Brunton Road, Bengaluru. As of March 2025, the group had delivered 302 projects spanning 193 million square feet, with 63 ongoing projects covering 115 million square feet, 67 planned projects across 88 million square feet, and a 689 acre land bank. The business is led today by Chairman and Managing Director Irfan Razack, alongside Joint MD Rezwan Razack and Whole-time Director Noaman Razack.

The group's signature approach combines scale with institutional discipline. Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, which reflects strong execution capability, financial stability and transparent documentation, and the rating was reaffirmed in 2025, making Prestige the only real estate company in India to hold DA1+. The company also carries an ICRA A+ credit rating and was among the first real estate developers in Bangalore to secure ISO 9001 certification. Project planning is supported by long-tenured leadership in engineering, design and execution, with multi-decade veterans overseeing delivery across the residential, office, retail, hospitality and warehousing verticals.

The portfolio spans every major asset class in Indian real estate. The residential business has completed 150 projects comprising 127 million square feet, with 37 ongoing projects for 65 million square feet and 30 projects under planning for 75 million square feet, while the commercial office business has completed 125 projects comprising 50 million square feet with 12 ongoing projects for 23 million square feet. Prestige has developed retail malls, large townships, tech parks, luxury villas, SEZs and hotels such as Conrad, Sheraton Grand and JW Marriott amongst others. Landmark addresses include UB City, Prestige Shantiniketan, Prestige Golfshire, Prestige Lakeside Habitat, Prestige Kingfisher Towers, The Forum malls and the large-format Prestige City townships.

Ownership remains anchored in the Razack family while the operating company is publicly listed and professionally governed. Prestige Group emphasises sustainable construction through green building certifications, water conservation systems, solar energy use and waste recycling initiatives across major projects, aligning with a vision of responsible urban development. In May 2025, Prestige Group announced its entry into NCR with the launch of The Prestige City-Indirapuram in Ghaziabad, extending a southern-rooted franchise into India's largest housing market. The combination of family stewardship, listed-company transparency and a 689 acre land bank underpins the group's next decade of development.

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Frequently Asked Questions

What is Prestige Canopy Living Padi (Arihant JV)?+
Prestige Canopy Living Padi is a new residential development by Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations and Housing, spread across roughly 16.33 acres in Padi, Chennai.
Where is Prestige Canopy Living Padi located?+
The project is located in Padi, Chennai, in close proximity to Anna Nagar, one of the city's most established residential micro-markets, with access to Mogappair, Villivakkam, and Korattur.
Is Prestige Canopy Living Padi RERA approved?+
Prestige Canopy Living Padi is at an early, new launch stage following the recent land acquisition in Padi. Formal registrations and approvals will be secured as the project moves through its planning and design phases.
How large is the Prestige Canopy Living Padi land parcel?+
The joint venture between Prestige Group and Arihant Group covers a land parcel of about 16.33 acres, proposed to be developed with a saleable area of approximately 3.6 million square feet.
What configurations will be offered at Prestige Canopy Living Padi?+
Specific unit configurations, sizes, and pricing for Prestige Canopy Living Padi have not yet been publicly released and will be shared closer to the formal launch.
How well connected is Prestige Canopy Living Padi to the rest of Chennai?+
The Padi address sits near Anna Nagar and is served by the Thirumangalam Metro Station on the Green Line, along with established road and bus connectivity linking Anna Nagar, Mogappair, Korattur, and Ambattur.

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