StockWatch
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Residential- Commercial Projects
New Launch28 Aug 2026, 03:51 pm

Prestige Launches Prestige Palm Court in Chennai

AI Summary

Prestige Estates Projects Ltd has announced the launch of its new residential development, Prestige Palm Court, in Madhavaram, North Chennai. The project spans 7.98 acres and features 5 towers with 910 premium apartments ranging from 1 to 3 bedrooms. The development offers saleable areas from 641 sq ft to 1827 sq ft, with an estimated Gross Development Value of ₹1330 Crore. This launch is part of the Prestige Group's expansion strategy in Chennai, with plans for 3-4 more residential projects this financial year. The Prestige Group has a significant track record, having delivered 319 projects and maintaining a pipeline of 139 projects.

Key Highlights

  • Prestige launches new residential project 'Prestige Palm Court' in Chennai.
  • Project comprises 910 apartments across 5 towers on 7.98 acres.
  • Estimated Gross Development Value stands at ₹1330 Crore.
  • Part of Prestige Group's expansion into the Chennai market.
  • Group has a large pipeline of 139 projects.