Prestige Palm Court offers a range of residential options to suit buyers' tastes and budgets. The price of the apartments is based on their size and configuration. The project has affordable units to luxurious units to meet the needs of all buyers. This price flexibility makes the project easily accessible to many buyers who prefer various budgets.
The Prestige Palm Court cost sheet, payment schedule, and price list are all included in the attached documents. There are attractive new-launch price offers at the Prestige Palm Court prelaunch event for various specifications. Before deciding on the perfect pricing, Prestige Group will examine current price trends in the market. Prestige Group is always dedicated to helping customers in their residential development projects to fulfill their aim of becoming property owners.
Madhavaram, in North Chennai, is ideal for purchasing a property due to its closeness to important industrial hubs, connectivity, and costs. Here, real estate prices have grown rapidly since establishing well-known industrial companies around the location. Reasonable real estate costs make Madhavaram attractive for buyers who are looking to invest.
Prestige Palm Court, a development in Madhavaram, offers beautifully constructed apartments to meet all the needs of modern residents. It is a remarkable choice if you are seeking spacious 1,2,3, and 4 BHK apartments in Chennai's Madhavaram real estate market. With its reasonable prices, Prestige Palm Court is a highly coveted option for homebuyers.
Buyers can easily select the apartments based on their desire by referring to the pricing list and selecting units by their cost. Prestige Group apartments in Chennai are reasonably priced when compared to other projects. As Prestige Group is committed to meeting the deadlines given to their potential buyers, the project is to be completed and available for possession on time (March 2029).
After the RERA sanction, the project will be launched, and after the launch date, the price will increase. The project will be launched in March 2025, and the detailed pricing of the apartments, along with their carpet area, will be given to buyers. Bookings are open for Prestige Palm Court prelaunch now, and buyers can start to book their favorite units now to get good profits later.
Madhavaram, situated in Chennai's northern region, is an outstanding place to buy the best homes at a reasonable price range. Due to its proximity to major work corridors, the real estate market has started to emerge in the area. Affordability, coupled with the opportunity for large future value growth, is what makes Madhavaram very unique.
Many developers have started to develop new projects in the area to meet the real estate demand. Property prices in Madhavaram are expected to rise due to the rapid developments. For investors who are looking for good returns on their investments, the Madhavaram real estate market makes it a compelling offer.
A 1 BHK apartment in Madhavaram starts from Rs. 45 Lakhs. It goes up to Rs.65 Lakhs for a luxury 1 BHK apartment with modern amenities. The rental price of a 1 BHK apartment in Madhavaram starts from Rs. 12,000/-. The area is quickly growing, and as it has convenient access to all transport, the prices have started to increase.
Chennai has witnessed extensive infrastructure development, including growing transport networks, new metro lines, and enhanced connectivity. Chennai is also an IT hub of the Indian software market. These developments make certain areas attractive for real estate investment, potentially increasing the property prices in those locations.
Chennai's growing population has created a demand for houses due to migration and job growth. As the population is growing and with the real estate demand, the prices are increasing. Due to the demand, many residential projects are built in the city to offer houses in prime locations for employment.
There are many choices for buyers based on budget, ranging from reasonably priced houses to luxury houses. Some of the best areas in Chennai to invest in apartments are
- Pallavaram
- Tambaram
- Guindy
- Velachery
- Thoraipakkam
- Anna Nagar
- Adyar.
The size, builder reputation, and location of the apartments will determine the prices. The price of a 1BHK apartment starts from Rs.55 lakhs in Chennai and it differs with the location. The rental rate of a 1 BHK apartment in Chennai starts from Rs.12,000.
The payment plan of any project gives detailed information on the price based on the floor plan, GST, initial booking amount, apartment type, area, agreement cost, and the installments to be paid. It gives a detailed explanation of all the costs involved. All additional costs are listed with complete payment instructions.
Prestige Palm Court offers many payment options, such as down payments, personalized payment plans, and paying partly amount now and nothing until possession. The builder will discuss the plans with the bank and will offer plans that will suit each buyer.
Buyers can make easy payments with the installment plan offered by Prestige Group for this project. 10% of the total amount has to be paid at the time of booking by the buyer. The remaining price amount will be divided into small installments. Buyers can choose their desired units with any flexible payment plan that suits their budget.
The payment plan of Prestige Palm Court includes the following:
- Buyers can pay 10% of the complete amount when booking any apartment in this project
- As the construction stage of the project starts, 10% of the complete amount must be paid.
- During the Excavation process in this project, 10% of the whole amount has to be paid
- During the Plinth stage, 10% of the whole amount has to be paid
- During the construction of the Basement, 10% of the total amount has to be paid
- When the building of the Ground Floor starts, 10% of the total amount has to be paid
- When the building of the first floor starts, 10% of the whole amount has to be paid
- During the start of the Flooring process, 10% of the total amount has to be paid
- During the starting of Plumbing work, 10% of the total amount has to be paid
- During possession of the reserved units, 10% of the total amount has to be paid.
Chennai residential market is the best real estate investment option for investors and sellers. The industry has great potential due to the micro-market differences, infrastructural development, pricing trends, and growing demand. The residential real estate market prices are rising by 4%. Chennai's ongoing infrastructural development, mainly the extension of the metro rail, has enhanced accessibility to various city locations, which impacts the value of real estate.
Chennai's real estate market is expected to increase because of numerous factors, including creating jobs and the growth of the city's infrastructure. The price of apartments ranges from Rs. 5000 per sq ft in areas like Maraimalai Nagar, Vandalur, etc. The price goes up to Rs. 16,000 per sq ft in classy areas like Velachery, Anna Nagar etc.
Price of apartments in different parts of Chennai:
| Location | Price |
| Saidapet | Rs. 12000/sq. ft. |
| Nanganallur | Rs. 9,500/sq. ft. |
| Avadi | Rs. 5.500/sq. ft. |
| Keelkattalai | Rs.7,500/sq. ft. |
| Urapakkam | Rs. 5000/sq. ft. |
| Guindy | Rs. 16,000/sq. ft. |
| Vandalur | Rs. 5,000/sq. ft. |
| Nungambakkam | Rs. 19,500/sq. ft. |
| Maraimalai Nagar | Rs. 5000/sq. ft. |
| Pallikaranai | Rs. 6,700/sq. ft |
| Medavakkam | Rs. 6,100/sq. ft |
| Siruseri | Rs. 5,500/sq. ft |
The real estate market in Chennai will further continue to grow in 2024 as the city is developing fast. Investing in any property in Chennai is the best option to get good profits later.
Madhavaram's real estate market prices are very affordable, and it has started to grow due to its rapid development and connectivity. The prices of housing properties in Madhavaram have been appreciated as the location has everything nearby where the residents can easily fulfill their daily needs. Due to huge job offers near the area, the demand for properties is rising, topped with social infrastructural development. If you are looking for a property for investments, the property cost in this area matters in terms of reasonable cost.
A 2 BHK flat in Madhavaram starts from Rs. 60 Lakhs. The rental price in Madhavaram starts from Rs. 13,000/- for a 2 BHK flat. Investing in Madhavaram is a good option as the area is developing fast, which will give good returns later.
The cost sheet is an eventual document to quote the cost of any property. The cost sheet of Prestige Palm Court is a helpful tool for knowing the prices of all units in the project. It helps buyers to make quick decisions. The cost sheet of the project is yet to be released as the project is still at the prelaunch stage. The major sections of the cost sheet are - the cost breakdown and payment plan.
Prestige Palm Court cost sheet consists of the below elements:
- Stamp duty and registration charges
- Taxes
- Sale value
- Carpet Area cost
- Build-up Area cost
- Base price
- Additional charges
- Agreement value cost
- Total Price
- Applicable GST for the Apartment.
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