Prestige Estates Projects has launched a new residential development in Madhavaram, North Chennai named Prestige Palm Court. This development is spread across 7.98 Acres of land at Madhavaram on GNT (Grand Northern Trunk Road) with 5 towers of Ground + 22 Floors and 2 basements, comprising of 910 premium apartments.
These apartments come in various configurations of 1, 2 & 3 Bedroom Home Options starting from saleable areas of 641 square feet onwards up to 1827 square feet. The overall development is around 1.38 million square feet of saleable area, with an estimated Gross Development Value (GDV) of Rs 1,330 crore.
This is part of Prestige Group’s expansion plans in Chennai region, where it intends to launch 3 to 4 residential developments in this financial year.
Prestige Estates Projects is the flagship company of the Prestige Group. The company is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.
