Curated urban living on 3.48 acres in South Chennai
Prestige Canopy Living is the residential expression of a landmark joint venture between Prestige Estates Projects Ltd and Arihant Foundations and Housing Ltd, developed through their jointly formed entity Canopy Living LLP. Positioned on a consolidated 3.48-acre site in Velachery — one of South Chennai's most connected micro-markets — the project is designed to deliver 2 BHK, 3 BHK, and 4 BHK apartments across approximately 7.5 lakh square feet of built-up space, with an estimated Gross Development Value exceeding Rs. 1,600 crore.
The address places residents at the intersection of everyday convenience and professional ambition. The Taramani IT Corridor and Guindy's dense commercial cluster sit within a short commute, while Velachery's own mature social fabric — reputed schools, multi-speciality hospitals, and the Phoenix MarketCity retail anchor — eliminates the dependency on long drives for daily needs. The MRTS rail network at Velachery and Taramani stations threads the neighbourhood directly into the city's wider transit grid.
Prestige Group, founded in Bengaluru in 1986 by Razack Sattar, has spent nearly four decades building across residential, commercial, retail, and hospitality verticals in 13 major Indian cities. The group has delivered over 300 projects covering more than 180 million square feet and carries the distinction of being the only developer in India with a CRISIL DA1+ construction and development rating. In Chennai specifically, Prestige has been expanding its residential footprint, with recent launches including the 21.84-acre Prestige Pallavaram Gardens township, demonstrating sustained commitment to the city's premium housing market.
Arihant Foundations and Housing Ltd brings over four decades of on-the-ground presence in Tamil Nadu, with a deep understanding of Chennai's buyer profile, regulatory environment, and micro-market dynamics. The combination of Prestige's national execution scale with Arihant's local knowledge creates a joint venture purpose-built for a complex, high-value urban site. The land acquisition was confirmed in a regulatory filing by Prestige Estates Projects Ltd and structured through CBRE, underscoring the institutional rigour behind this development.
Prestige Canopy Living represents an opportunity to live within one of the few large, cleared residential sites to come to market in Velachery in recent years. Enquire with our team to register your interest ahead of the formal launch.
Detailed master plan and unit-wise floor plans available on request.
Velachery, South Chennai, Tamil Nadu 600042 · Velachery · Chennai
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