PRESTIGE FALCON CITY CHENNAI — New Project Coming Up in Medavakkam, Chennai
Prestige Falcon City Chennai: 23-acre Medavakkam Township
Prestige Falcon City Chennai is an iconic, futuristic mixed use township project in Medavakkam, South Chennai. Set over 23 acres, it offers 2,170 premium Vaastu-compliant apartments in Chennai over 22 towers.
Location and Connectivity
The upcoming 23-acre township is planned on Medavakkam–Sholinganallur Road in South Chennai. Medavakkam is a neighbourhood located in the southern part of Chennai, India. It is situated on the IT corridor of Chennai and is known for its residential and commercial properties.
Its excellent connectivity through key arterial roads—Old Mahabalipuram Road (OMR), Grand Southern Trunk (GST) Road, and Radial Road—facilitates seamless commutes across various parts of Chennai. The locality is just 12 km from Chennai International Airport, making it an attractive option for frequent travellers.
The Red Metro Line is within 1.5 Km from the site. The Medavakkam Metro Station—part of Chennai Metro Phase 2 (Madhavaram to SIPCOT)—is under construction and slated for completion by mid-2026, with properties within a 1 km radius expected to see immediate value appreciation.
Housing and Configuration
This gated community in Medavakkam offers ultra-luxury high-rise apartments in 2, 3, and 4BHK layouts. Set over 23 acres, it offers 2,170 premium Vaastu-compliant apartments in Chennai over 22 towers. Each tower has 2B + G + 14 floors.
The sizes of these modern apartments with a clubhouse range from 1,001 sq ft to 2,735 sq ft. The developer leaves 80% of the land as open space.
Pricing
The price of this new Prestige Falcon City Chennai project near Global Hospital starts at ₹1.30 Crores for a 2 BHK apartment and goes up to ₹3.54 Crores for premium 4 BHK flats.
Launch and Possession Timeline
The project launches on 15 December 2026 and has a possession date of 31 December 2031. The project is in the pre launch stage now, and the RERA number is expected on 15 December 2026.
About Prestige Group
Prestige Group is a listed real estate builder in India, founded in 1986 and based in Bengaluru. Its listed company is Prestige Estates Projects Limited. As of December 2025, the group had delivered 313 projects covering 206 million sq. ft. Prestige recorded FY26 sales of ₹30,024.5 crore.
The 85-90% on-time delivery rate significantly outperforms the 50% industry average, and their track record of zero financial-related project abandonments provides crucial peace of mind in India's often unpredictable real estate market. Prestige Group holds the prestigious CRISIL DA1+ grading—the highest rating any real estate developer can achieve in India.
Prestige Group has residential and commercial projects in Bengaluru, Chennai, Hyderabad, Mumbai, Delhi NCR, Goa, Kochi, Mangaluru and other cities. Chennai is an important part of the company's growth plan. Prestige has completed, ongoing and upcoming homes in different parts of the city.