Bangaloreprop

Prestige Palm Court

Prestige GroupMadhavaram, Chennai

Listed by Bangaloreprop · Tamil Nadu RERA Agent Reg. No. TN/Agent/0194/2024

Prestige Palm Court

Prestige Palm Court Overview

Prestige Palm Court is a new-launch apartment project by Prestige Group in Madhavaram, north Chennai. Bookings opened in August 2026, digging has barely begun, and the RERA entry gives 31 December 2030 as the possession date. It offers 1, 2 and 3 BHK homes and a penthouse, priced from Rs. 70 Lakhs, with a big clubhouse and a lot of open ground. It suits buyers who want a 1, 2 or 3 BHK in Madhavaram.

Spread over 7.98 acres at KKR Nagar, Ponniammanmedu, the site faces St. Anne's Arts & Science College across NH-5. Prestige Group plans five towers of 22 floors, each above a stilt level and a double basement, for 910 apartments plus two penthouses. The clubhouse gets its own five-level building. Roughly 75% of the ground is meant to stay open.

Four apartment plans are on offer, priced from Rs. 70 Lakhs for the smallest one-bedroom, at 637 sq ft saleable. At the top, the three-bedroom Premia with three bathrooms starts at Rs. 1.90 Crore, and its larger versions go up to around Rs. 2.05 Crore. That works out between Rs. 10,200 and Rs. 11,000 per saleable sq ft. Measured on carpet area, the rate is closer to Rs. 14,200 to Rs. 15,300 per sq ft. Prices for the two penthouses are shared on request.

This project suits a buyer who works in central or north Chennai, can wait about four years for the keys, and wants a branded community rather than a standalone block. The 1 BHK also suits investors looking at rental demand near the Madhavaram industrial belt. Look elsewhere if you need to move in soon, if your budget is under Rs. 70 Lakhs, or if you would rather not track a long build.

Key Facts at a Glance

Property Type
Apartments
Total Land Area
7.98 Acres
No. of Units
910 Apartments + 2 Penthouses
Towers & Blocks
5 Towers + Clubhouse Block (G+4)
Floors per Tower
2B + Stilt + 22 Floors
Possession
December 2030
Construction
Under Construction
Open Space
75%
RERA No.
TNRERA/29/BLG/0265/2026
Price
Rs. 70 Lakhs Onwards
Location
Madhavaram, Chennai

Prestige Palm Court Price List

Unit TypeSize (SBA)All-in Price (approx.)
1 BHK Optima637 Sq.ftRs. 70 Lakhs Onwards
2 BHK Classic1139 Sq.ftRs. 1.20 Crore Onwards
3 BHK + 2T Aspire1521 Sq.ftRs. 1.55 Crore Onwards
3 BHK + 3T Premia1827 Sq.ftRs. 1.90 Crore Onwards
Penthouse3420 Sq.ftPrice on Request

Indicative launch prices, subject to floor rise, tower, facing and the offer running at the time of booking.

Prestige Palm Court EMI Calculator

Choose a home

Down payment · ₹14.00 L

Banks lend up to 80% at this price.

Loan tenure

% a year

Monthly EMI

₹48,598

₹56.00 L loan over 20 years

Home price
₹70.00 L
Down payment
₹14.00 L
Stamp duty & registration
as per state
Cash you need upfront
₹14.00 L+
Total interest
₹60.64 L

Indicative figures for Prestige Palm Court. Your EMI depends on the bank's rate and terms. GST on under-construction homes is extra.

Prestige Palm Court Location

Grand Northern Trunk Road (NH-5), KKR Nagar, Ponniammanmedu, Madhavaram, Chennai, Tamil Nadu 600110

Landmark: Opposite St. Anne's Arts & Science College

About Chennai

Which side of Chennai should you buy on? For most people the honest answer is the side where they work. The city stretches along a flat coast on the Bay of Bengal, and the sea closes off any growth to the east. So new housing has pushed south and west instead, following jobs. If you are hunting for flats in Chennai, begin with your commute, then pick a zone, then a project.

Read more about Chennai →

Prestige Palm Court Floor Plans

Prestige Palm Court 1 BHK floor plan, about 637 sq ft
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Prestige Palm Court 1 BHK floor plan, about 637 sq ft

Prestige Palm Court 2 BHK floor plan
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Prestige Palm Court 2 BHK floor plan

Prestige Palm Court 3 BHK floor plan
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Prestige Palm Court 3 BHK floor plan

Want the complete floor plans? Request them and we will share them on WhatsApp/Email.

Prestige Palm Court Amenities

Amphitheatre
Basketball Court
Cafe
Car Parking
Cctv
Children's Play Area
Clubhouse
Convenience Store
Cricket
Gymnasium
Indoor Games
Jogging Track
Kids’ Pool
Landscaped Gardens
Library
Lift
Mini Theatre
Multipurpose Hall
Party hall
Pet Park
Power Backup
Rainwater Harvesting
Senior Citizen
Sewage Treatment Plant
Skating Rink
Spa
Swimming Pool
Tennis Court
Yoga

Getting around from Prestige Palm Court

Prestige Palm Court stands beside NH-5, the old Grand Northern Trunk highway, at KKR Nagar, Ponniammanmedu (pincode 600110), with St. Anne's college across it. To get into the city, you would take the Moolakadai Flyover, roughly 2 km off, onto the 100-Feet Inner Ring Road, which leads towards Anna Nagar and Koyambedu.

Distances, all approximate and by road: the Madhavaram industrial estate is roughly 2 km, Perambur's railway station and Kolathur roughly 5 km each. Ambattur's industrial estate and Anna Nagar are roughly 10 km each. Chennai Central is 10-12 km away and the airport roughly 25 km, so trains and flights start with a drive.

The metro is the big change ahead. Phase 2 of Chennai Metro plans a Moolakadai stop on Corridor 3, under a kilometre from the site, with a Corridor 3 and 5 interchange at Madhavaram Milk Colony a little further. Corridor 5 heads south towards Sholinganallur on OMR. Neither line is running yet, so do not plan your commute around them.

For schooling, Velammal Global School and Sri Chaitanya School are both a short drive. KVT Multi-Speciality Hospital and St. Anthony's Hospital lie within roughly 3 km. Weekend shopping means the Spectrum Grand Venus Mall, roughly 5 km, and the 28-acre Madhavaram Botanical Garden is close for walks.

Homes and prices at Prestige Palm Court

Prestige Palm Court gives you four apartment plans to choose between. Each line gives the entry price, the saleable size and the carpet size:

  • 1 BHK Optima: Rs. 70 Lakhs, 637 sq ft saleable, 459 carpet
  • 2 BHK Classic: Rs. 1.20 Crore, 1,139 sq ft saleable, 830 carpet
  • 3 BHK Aspire (two baths): Rs. 1.55 Crore, 1,521 sq ft saleable, 1,095 carpet
  • 3 BHK Premia (three baths): Rs. 1.90 Crore, 1,827 sq ft saleable, 1,315 carpet

Two penthouses, near 3,420 sq ft each, are priced on request. The developer's rate works out between Rs. 10,200 and Rs. 11,000 per saleable sq ft. These are indicative launch prices and move with floor, tower, facing and the offer on the day.

Because the building is not finished, GST is added to your price. Stamp duty and registration fall due when you register the sale deed. The launch figures were said to include everything but registration, so get written confirmation of whether GST is inside them. Your cost sheet should list:

  • Base price and the saleable area it is charged on
  • Floor rise and any garden or corner premium
  • Car park charge and the number of bays
  • Maintenance deposit and clubhouse fees
  • GST as its own line
  • Stamp duty and registration

Paperwork and approvals for Prestige Palm Court

Prestige Palm Court is registered with RERA as TNRERA/29/BLG/0265/2026, issued on 3 August 2026 by the Tamil Nadu regulator, with possession promised by 31 December 2030. Look it up yourself on the TNRERA site, rera.tn.gov.in. CMDA grants the planning permission, and the Greater Chennai Corporation issues the building licence. RERA also requires 70% of buyer payments to be held in a separate account used only for this project's land and building costs.

At booking, ask for:

  • The TNRERA registration certificate
  • Planning permission (CMDA) and building licence (corporation)
  • Land title deeds plus an encumbrance certificate
  • Draft sale agreement with its payment schedule
  • A cost sheet for your chosen unit and parking bay

Some papers cannot exist yet at a launch. The agreement for sale is registered after you pay the booking amount. The completion certificate follows once building ends, and you register the sale deed at handover. After that, get the property tax assessment moved into your name.

Living at Prestige Palm Court

Prestige Palm Court has five towers ringing the edges of the 7.98 acres, as planned by the developer, leaving a big central garden courtyard. About three-quarters of the land stays open, and with cars parked in two basement levels, the podium is kept free of traffic. Each floor is planned with six homes sharing two lifts. Ask for the latest site plan, since launch plans are often revised.

A morning could start on the jogging track or at the yoga studio, then move to the gym or the pool in the clubhouse, a five-level building of its own. Anyone working from home has co-working space and meeting rooms, and a library for quieter hours. Children get play areas, a sandpit and a kids' pool, and dog owners get a pet park.

Evenings can go to the tennis court, a half basketball court, the cricket nets or the skating rink. Older residents get a reflexology walk and shaded seating. The amphitheatre, mini theatre, party hall and multipurpose hall take care of weekends and family events. A café, a convenience store and a pharmacy are planned for small daily needs. Launch amenity lists can change, so confirm what is promised in your agreement for sale.

Frequently Asked Questions

What will a 2 BHK at Prestige Palm Court cost me?
Entry price for the 2 BHK Classic is Rs. 1.20 Crore, for about 1,139 sq ft saleable or about 830 sq ft carpet. Floor rise, tower, facing and any launch offer change the figure, so request a unit-wise cost sheet before you pay.
When will I get the keys?
The RERA registration gives 31 December 2030 as the possession date. Work began in August 2026 with site clearing and foundations. Build timelines can slip, so read the progress reports filed each quarter on the TNRERA website before each payment falls due.
How much of the price is paid before possession?
The published plan is construction-linked: 10% at booking and another 10% when you sign the agreement for sale. A further 75% follows in stages tied to building milestones, and the last 5% is due at the possession notice. Confirm the schedule in your agreement.
Is the metro coming close to the project?
Chennai Metro Phase 2 plans a station at Moolakadai, under a kilometre away, and an interchange at Madhavaram Milk Colony a few kilometres off. Both lines are still being built, so treat their opening dates as uncertain when you plan your commute.
Which banks lend on this project?
Axis Bank, ICICI Bank, HDFC Bank and SBI are the four lenders named for the project. Your lender will verify the land title and the RERA entry before sanctioning the loan, which gives you a second, independent check on the paperwork.
Is the carpet area much smaller than the quoted size?
Yes, by about a quarter. The 1 BHK is about 637 sq ft saleable but about 459 sq ft carpet, and the largest 3 BHK plan drops from about 1,827 to about 1,315 sq ft. Compare other projects on carpet area to be fair.

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About the Builder

If you are looking at Prestige apartments in Bangalore, the first thing to know is how wide the choice is. The builder has homes on nearly every side of the city, from Whitefield and Sarjapura Road in the east to Devanahalli in the north and Kanakapura Road in the south. You can buy an apartment, a villa or a plot, at a finished, ongoing or newly launched project.

Ongoing: 33Completed: 58
Read more about Prestige Group →

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