Prestige Medavakkam, the upcoming residential project by Prestige Group, marks a significant expansion in South Chennai’s thriving real estate landscape. The developer has finalized the acquisition of a 26-acre land parcel in Medavakkam, a fast-emerging locality with high investment potential. This strategic development aims to cater to the rising demand for premium homes in Chennai. With the city’s property market on a steady upward trend, Prestige Medavakkam is expected to become a landmark addition to Prestige Group’s growing portfolio in the region.
Why Medavakkam?
Medavakkam, located in South Chennai, is one of the fastest-growing residential hubs in Tamil Nadu. Its strategic location, close to the IT corridors of OMR (Old Mahabalipuram Road) and Velachery, makes it a highly sought-after destination for homebuyers and investors. The area is well-connected via road and rail, and is surrounded by essential social infrastructure including schools, hospitals, shopping malls, and entertainment hubs.
The proposed development by Prestige in this prime locality is expected to transform the skyline of Medavakkam with a modern, well-planned community that offers luxury living with best-in-class amenities.
What to Expect from Prestige Medavakkam Project?
While official details about the project launch are awaited, sources indicate that the upcoming Prestige Prelaunch Project in Medavakkam will likely feature:
- Premium 2, 3, and 4 BHK apartments
- A gated township with lush landscaping and open green spaces
- World-class amenities like clubhouse, swimming pool, gym, jogging tracks, children’s play areas, and more
- High-rise towers with modern architectural design
- Strong focus on sustainability and smart urban living
This will be another jewel in the crown for Prestige Chennai, offering a mix of comfort, convenience, and connectivity.
Investment Opportunity
With infrastructure projects like the Chennai Metro Phase II and the Velachery-St. Thomas Mount railway corridor set to enhance connectivity, Medavakkam is becoming a prime hotspot for real estate investment. The entry of a reputed builder like Prestige Group adds further value, promising strong appreciation potential and high ROI.
About Prestige Group
The Prestige Group is one of India’s leading real estate developers, known for iconic residential and commercial projects across South India. With a legacy spanning over three decades, the brand stands for trust, quality, and innovation. Their expansion into Medavakkam further cements their commitment to shaping Chennai’s modern skyline.
Conclusion
The acquisition of 26 acres in Medavakkam marks the beginning of another promising chapter for Prestige Group in Chennai. For those looking to invest in a secure, high-potential location with a trusted developer, the upcoming Prestige Medavakkam project is definitely one to watch.
Also Read: Mahindra Lifespaces Expands in North Bangalore with Strategic Acquisition Worth ₹1100 Crore GDV
