Published On:July 1 2025
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Chennai Gets ₹3,350 Crore Prestige Group Residential Development.
Prestige Group, a prominent Bengaluru-based real estate developer, has announced its latest residential venture, Prestige Pallavaram Gardens, located on the rapidly developing Pallavaram–Thoraipakkam Radial Road in Chennai. With a Gross Development Value (GDV) of ₹3,350 crore, this project is poised to become one of the region's most significant residential communities, according to a company release.
Spanning an expansive 21.84 acres, Prestige Pallavaram Gardens will feature a meticulously planned mix of 2,069 premium apartments. These units will be available in 2-, 3-, and 4-BHK configurations, offering a total saleable area of 3.1 million square feet. The strategic location on the Pallavaram-Thoraipakkam Radial Road ensures residents convenient access to Chennai's key transit routes and major economic hubs.
Irfan Razack, Chairman & Managing Director of Prestige Group, commented on the development, stating that "Chennai has emerged as one of the most dynamic real estate markets in South India." This new project underscores Prestige Group's commitment to expanding its presence in the burgeoning Chennai real estate landscape.