PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT, Chennai

PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT

Prestige Canopy Living, Velachery, South Chennai

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3.48
Acres
The Address & The Vision

An Address Worth Owning

Prestige Canopy Living Velachery brings Prestige Group's residential expertise to a 3.48-acre address in South Chennai's Velachery, a locality long known for its balance of urban convenience and everyday livability. The project takes shape on land previously held by Rane Madras, now channelled into a joint venture named Canopy Living LLP between Prestige Group and Chennai-based Arihant Group.

Living here means proximity to Velachery's established rhythm: a short reach to Phoenix Marketcity and the neighbourhood's malls, restaurants and multiplexes, and equally quick access to the schools, clinics and hospitals that residents rely on daily. The promise is a home base within a functioning neighbourhood rather than a project built at the city's edge.

As with its other Chennai developments, Prestige Group's approach favours structured planning and quality execution over improvisation, an approach reflected in the group's CRISIL DA1+ developer rating and a completed portfolio spanning well over 300 projects nationally. Design intent for this address will follow the same disciplined, resident-first thinking the group has applied across its residential portfolio in Bengaluru, Chennai and Hyderabad.

Velachery's continuing infrastructure upgrades, from metro rail expansion to sustained retail and social infrastructure growth, make this a moment when a well-located parcel in a mature micro-market carries genuine long-term relevance. The site's frontage and connectivity place it within the catchment of both the OMR technology belt and South Chennai's established residential fabric.

Further details on configurations, amenities and timelines will follow as Prestige Group and Arihant Group finalise the master plan for this Velachery address.

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Gallery

A Look Inside

Configurations & Pricing

Choose Your Space

Pricing on request — speak with our sales team.

Lifestyle

World-Class Amenities

Recreation at PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT, Chennai
Recreation
  • Clubhouse
  • Multipurpose hall
  • Indoor games room
  • Residents' lounge
Active at PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT, Chennai
Active
  • Swimming pool
  • Gymnasium
  • Jogging track
  • Outdoor sports court
Community at PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT, Chennai
Community
  • Children's play area
  • Multipurpose party lawn
  • Senior citizens' sit-out
Greens & Outdoors at PRESTIGE CANOPY LIVING VELACHERY RESIDENTIAL PROJECT, Chennai
Greens & Outdoors
  • Landscaped gardens
  • Tree-lined walkways
  • Open lawns
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

South Chennai, Tamil Nadu 600042 · Chennai

Velachery has grown from a quiet suburb into one of South Chennai's busiest residential and commercial zones, a shift that gathered pace with the arrival of the Chennai Metro's rail link and the opening of Phoenix Marketcity in the 2000s. The locality now functions as a key junction connecting South Chennai to the IT corridor along Old Mahabalipuram Road, with Velachery Main Road, Taramani Link Road and Velachery Bypass Road forming its principal arteries. Despite the pace of urbanisation, pockets of residential calm remain around Velachery Lake and the surrounding parks.

This particular address occupies a 3.48-acre parcel within Velachery, a site previously held by Rane Madras and brought into residential use through a joint venture between Prestige Group and Arihant Group. The location benefits from proximity to the Velachery MRTS station, established schools, hospitals and retail destinations, and a road network that carries residents toward Guindy, OMR and GST Road within a short drive.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Velachery Main Road — Adjoining
  • Taramani Link Road — Nearby
  • OMR (Old Mahabalipuram Road) — Short drive
  • GST Road — Short drive

Corporate

  • Taramani IT corridor — Nearby
  • Perungudi IT Park — Short drive
  • Guindy Industrial Estate — Short drive

Hospitality

  • Four Points by Sheraton, Velachery — Nearby

Education

  • IIT Madras — Short drive
  • DAV Public School — Nearby
  • Guru Nanak College — Nearby

Healthcare

  • Prashanth Super Speciality Hospital — Nearby
  • Apollo Clinic — Nearby
  • Vijaya Health Centre — Nearby

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Beyond the Project

Infrastructure & Growth

Chennai Metro Phase 2 expansion

The Blue Line extension is being planned toward the Velachery corridor, expected to strengthen rail connectivity for residents living along Velachery Main Road and adjoining stretches.

Velachery MRTS rail link

Regular EMU services between Chennai Beach and Velachery already give the locality established rail access, supplementing road-based commutes toward the city centre and IT corridors.

OMR and GST Road upgrades

Ongoing widening and junction improvements along OMR and GST Road continue to ease travel time between Velachery and Chennai's major technology and industrial employment belts.

Retail and social infrastructure growth

The continued expansion of malls, hospitals and educational institutions around Velachery has steadily deepened the locality's self-sufficiency over the past decade.

Taramani Link Road connectivity

This arterial link provides a direct route from Velachery toward Taramani and the OMR technology belt, cutting commute times for residents working along the IT corridor.

Build Quality

Specifications

Structure

  • RCC framed construction

Flooring

  • Vitrified tile flooring in living and bedrooms

Bathroom

  • Branded CP fittings and sanitaryware

Kitchen

  • Provision for modular kitchen

Doors & Windows

  • Flush doors with laminate finish
  • UPVC windows

Electrical

  • Concealed copper wiring
  • Modular switches

Security

  • 24/7 security surveillance
  • Gated community access
Why Invest

Compelling Reasons

1

Established Velachery address

The project sits within Velachery, a mature South Chennai locality with functioning social infrastructure, retail, schools and hospitals already in place, rather than a location still awaiting development.

2

Prestige Group development

The project carries the backing of Prestige Group, a Bengaluru-headquartered developer with a completed portfolio of over 300 projects and a CRISIL DA1+ developer grade reflecting execution discipline.

3

Joint venture local expertise

The development is structured through Canopy Living LLP, a joint venture combining Prestige Group's pan-India execution experience with Arihant Group's established local knowledge of the Chennai market.

4

IT corridor proximity

Velachery Main Road and Taramani Link Road connect this address directly to the OMR and Guindy technology corridors, placing employment centres within a short commute.

5

Established transit access

The address benefits from proximity to the Velachery MRTS rail station and planned Chennai Metro expansion, giving residents multiple public transport options beyond road travel.

6

3.48-acre residential parcel

The project occupies a 3.48-acre site earmarked specifically for residential development, offering a defined, well-scoped footprint within an already well-connected neighbourhood.

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

Where is Prestige Canopy Living Velachery located?+
The project sits in Velachery, South Chennai, Tamil Nadu 600042, one of the city's established residential and commercial micro-markets.
Is Prestige Canopy Living Velachery RERA approved?+
The project is at an upcoming stage and a RERA registration number has not yet been published for this development.
What configurations will Prestige Canopy Living Velachery offer?+
Specific unit configurations for Prestige Canopy Living Velachery have not been released publicly at this stage; details will follow once the developer formalises the master plan.
What is the price of homes at Prestige Canopy Living Velachery?+
Pricing for Prestige Canopy Living Velachery has not been disclosed publicly yet, as the project is currently at the upcoming stage.
How well connected is Prestige Canopy Living Velachery to Chennai's IT corridor?+
Velachery links directly to the OMR and Guindy IT corridors via Velachery Main Road and Taramani Link Road, placing the address within easy reach of South Chennai's employment hubs.
Who is developing Prestige Canopy Living Velachery in Chennai?+
The project is developed by Prestige Group, a Bengaluru-headquartered developer with an established presence across South Indian cities including Chennai.

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