Unit Type	Size	Price
1 BHK	617 – 641 sq. ft.	₹ 72 Lakhs Onwards
2 BHK	1,137 – 1,175 sq. ft.	₹ 1.25 Crore Onwards
3 BHK + 2T	1,521 – 1,557 sq. ft	₹ 1.60 Crore Onwards
3 BHK + 3T	1,827 – 1,887 sq. ft.	₹ 1.99 Crore Onwards
4 BHK	3,420 sq. ft	₹ 3 Crore Onwards

These are just the starting prices and do not include government taxes like GST, stamp duty, or registration fees. Please note that apartments above the 5th floor will cost a bit extra, so be sure to contact our sales team to get a full price list with all final costs before making your booking.

The apartments in the project range from 617 sq ft to 3,420 sq ft. The prelaunch price for Prestige Palm Court is ₹11,450 per square foot, and it is valid until 15 January 2027. After the construction starts, the price will go up to ₹12,900 per square foot. Prelaunch booking at Prestige Palm Court is open now, and buyers can benefit from exclusive prelaunch price offers that are offered for different apartment configurations.

EOI Amount for Pre-launch Booking

The EOI amount that has to be paid to book units at the prelaunch phase with prelaunch offers is:

Size	EOI Amount
1 BHK Apartments	Rs 2 Lakhs
2 BHK Apartments	Rs 3 Lakhs
3 & 4 BHK Apartments	Rs 5 Lakhs

Prestige Palm Court has apartments in all sizes, from cozy 1 BHK to spacious 4 BHK, to suit diverse buyers’ budgets. The apartment prices are fixed based on size, and the project has flexibility in prices, which makes the units accessible to budget buyers and luxury buyers.

The latest Price List, Payment Plan, and Cost Sheet of Prestige Palm Court are added here for easy reference. The price list displays the comprehensive price of all units, and buyers can select the apartments they wish to buy based on the decided budget.

Price of Apartments in Madhavaram

Madhavaram is a growing neighborhood in North Chennai, located close to major industrial and commercial hubs. It connects easily to the rest of the city via the Grand Northern Trunk Road (GNT Road) and the Inner Ring Road. Schools, hospitals, colleges, and shops are all within easy reach. Property prices here are still affordable compared to central Chennai, making it a smart entry point for both home buyers and investors.

Prices in Madhavaram are rising steadily as infrastructure and demand grow in this area. Buying now gives you the benefit of today's rates before the area grows further. The average apartment price and monthly rent in the Madhavaram real estate market are as follows:

• 1 BHK: Average price of a 1 BHK apartment is Rs. 42 Lakhs. The rent starts at Rs. 9,000 per month.
• 2 BHK: Average price of a 2 BHK apartment is Rs. 68 Lakhs. The rent starts at Rs. 14,000 per month.
• 3 BHK: Average price of a 3 BHK apartment is Rs. 95 Lakhs. The rent for a 3 BHK starts at Rs. 20,000 per month.

Price of Apartments in Chennai

Chennai is one of India's leading business cities and has a highly active home buying market. The city attracts buyers across all budgets, from affordable housing to ultra-luxury apartments. Property prices vary a lot based on location, builder reputation, size, amenities, and floor level. North Chennai, where Prestige Palm Court is located, offers better value per square foot compared to expensive prime areas like Adyar or Anna Nagar.

The price of apartments in Chennai varies with the following factors:

• Builder
• Amenities
• Location
• Apartment size
• Floor in the tower

Chennai's apartment prices are increasing at a rapid rate as apartment living has become quite common in the city. In the affordable class, a 1 BHK apartment price in Chennai starts from ₹30 lakhs. A luxury 1 BHK apartment price starts from ₹42 lakhs. The monthly rental price of a 1 BHK flat starts from ₹10,000 in Chennai.

Prestige Palm Court Payment Plan

Prestige Palm Court follows a construction-linked payment plan. You pay 10% at booking to reserve your unit. The remaining amount is paid in installments tied to construction stages. Stamp duty, registration charges, and GST are not included in these installments and will be charged separately at the time of registration.

Prestige Palm Court Payment Schedule

The payment schedule of Prestige Palm Court includes the following instalments:

• During booking, 10% of the total project amount has to be paid
• On booking: 10% of the total amount
• On signing of agreement: 20% of the total amount
• On start of foundation work: 10% of the total amount
• On ground floor roof slab: 5% of the total amount
• On 2nd floor roof slab: 5% of the total amount
• On 4th floor roof slab: 5% of the total amount
• On 6th floor roof slab: 5% of the total amount
• On 8th floor roof slab: 5% of the total amount
• On 10th floor roof slab: 5% of the total amount
• On 12th floor roof slab: 5% of the total amount
• On 14th floor roof slab: 5% of the total amount
• On 16th floor roof slab: 5% of the total amount
• On 18th floor roof slab: 5% of the total amount
• On completion of flooring: 5% of the total amount
• On project handover: 5% of the total amount

Chennai Real Estate Trends 2026

Chennai real estate market trends in 2025 showed a price rise of 5 to 12% across key areas. Real estate experts predict a further 10% annual increase by the end of 2026 in home prices. Chennai's housing demand continues to grow as more professionals move to the city for work. North Chennai corridors like Madhavaram are seeing strong interest from buyers looking for value before prices rise further.

Due to the growing demand, investing in the Chennai residential real estate market is an ideal option for both buyers and investors. Let's check the average land prices per square foot in Chennai in various areas:

Place	Average Price
Anna Nagar	Rs. 14,500/ sq ft
Adyar	Rs. 15,200/ sq ft
Velachery	Rs. 8,500/ sq ft
OMR (Perungudi)	Rs. 7,800/ sq ft
Porur	Rs. 6,900/ sq ft
Tambaram	Rs. 5,800/ sq ft
T Nagar	Rs. 16,000/ sq ft
Ambattur	Rs. 6,200/ sq ft
Medavakkam	Rs. 6,000/ sq ft
ECR (Palavakkam)	Rs. 11,500/ sq ft
Perambur	Rs. 8,200/ sq ft
Sholinganallur	Rs. 6,700/ sq ft
Kilpauk	Rs. 13,800/ sq ft
Avadi	Rs. 4,500/ sq ft
Madhavaram	Rs. 5,500/ sq ft
Pallikaranai	Rs. 6,400/ sq ft
Navallur	Rs. 5,200/ sq ft

Chennai real estate prices rose 5 to 12% across key areas in 2025. Experts expect a further 10% annual increase through 2026 as business and Metro rail expansion continues. North Chennai areas like Madhavaram are seeing strong demand from both home buyers and investors. Prestige Palm Court's pre-launch pricing at Rs 11,450 per square foot reflects its high-end premium standards, offering early buyers a clear value advantage before the local market grows further.

Current Property Prices in Madhavaram 2026

The average property price in Madhavaram is around Rs 5,500 per square foot as of 2026. The area offers strong connectivity to central Chennai and the industrial zones. Luxury apartments are the highest demanded property type in Madhavaram, followed by plots. Prestige Palm Court is priced at Rs 11,450 per square foot, reflecting its premium quality, modern design, and large community scale compared to standard Madhavaram projects.

The current price trends in Madhavaram are as follows:

• Apartments: Price starts at Rs. 5,800 per square foot.
• Plots: Price starts from Rs. 5,500 per square foot.
• Villas: Price starts from Rs. 9,500 per square foot.

Prestige Palm Court Cost Sheet

The cost sheet is a helpful tool to understand the full prices of various flats in the project. It contains two sections: the apartment cost breakdown, along with the payment plan. The Prestige Palm Court price per square foot is mentioned in the cost sheet so that buyers can get a better understanding.

The Prestige Palm Court cost sheet includes comprehensive financial details such as:

• Agreement Value Cost
• Stamp Duty Charges
• Base Price of the Apartment
• Carpet Area Cost
• Registration Charges
• Total Sale Value
• Applicable Taxes
• Total Built-up Area Cost
• Additional Fees
• Final Price Amount
• GST charges are applicable on the property.

FREQUENTLY ASKED QUESTIONS

1. What is the starting price for an apartment at Prestige Palm Court?

Prestige Palm Court prices start at ₹72 Lakhs for a 1 BHK apartment and go up to ₹3 Crore and onwards for a 4 BHK or penthouse unit.

2. Where is Prestige Palm Court located?

The project is located in Madhavaram, a fast-growing neighbourhood in North Chennai.

3. What are the different apartment sizes available?

The apartments range from cozy 1 BHK units of 617 sq. ft. up to large 4 BHK or penthouses of 3,420 sq. ft.

4. What is the current pre launch price per square foot?

Prestige Palm Court pre launch price is ₹11,450 per square foot, which is valid until January 15, 2027.

5. Will the prices increase after construction starts?

Yes, once construction begins, the price is expected to rise to ₹12,900 per square foot.

6. Does the base price include all charges?

No, the listed prices are base rates. Government taxes like GST, stamp duty, registration fees, and floor rise charges (for units above the 5th floor) are extra.

7. How much is the Expression of Interest (EOI) booking amount?

The initial booking amount is ₹2 Lakhs for a 1 BHK, ₹3 Lakhs for a 2 BHK, and ₹5 Lakhs for 3 & 4 BHK apartments.

8. What kind of payment plan does the project offer?

Prestige Palm Court follows a construction-linked payment plan, where you pay instalments as the building reaches specific construction milestones.

9. How much do I need to pay at the time of booking?

You will need to pay 10% of the total project amount during the booking phase to reserve your apartment.

10. Why is Madhavaram a good place to invest in 2026?

Madhavaram offers excellent connectivity via the GNT Road and Inner Ring Road. Property prices here are rising steadily due to growing infrastructure, making it highly attractive for home buyers and investors.

11. What is the average rent for flats in the Madhavaram area?

In 2026, renting a 1 BHK apartment starts at around ₹9,000 a month. A 2 BHK costs from ₹14,000, and a 3 BHK starts at ₹20,000 per month.

12. What factors affect apartment prices in Chennai?

Prices usually change based on the builder's reputation, available amenities, location, the size of the apartment, and which floor it is on.

13. What is the expected real estate growth rate in Chennai for 2026?

Experts predict a 10% annual increase in residential property prices by the end of 2026, building on the 5% to 12% growth seen in 2025.

14. What details will I find in the Prestige Palm Court cost sheet?

The cost sheet gives a full breakdown of all costs, including the base price, carpet area cost, stamp duty, registration charges, GST, and additional fees.

15. How can I get the final, complete price for an apartment?

You can contact the sales team directly to get a personalized, complete cost sheet showing all final applicable charges before you book.