As of now, Prestige Clover Dale is in the pre-launch stage. During this time, the builder has already completed key works like the entrance gate, roads, and outer boundary walls. This stage is important as it prepares the site for full-scale construction.
Actual construction will begin once the project receives approval from the required authorities. After receiving all the necessary permissions & certifications, like RERA approval, the construction process will officially begin. The model apartments, which help buyers see how the finished homes will look, will be built after all approvals are in place.
Once the project moves from pre-launch to the official launch, apartment prices are expected to go up. Buyers and investors may get discounts of up to 20% during this stage. This helps buyers save money while the project is still in its early phase. It is also a good time to pick the preferred unit before demand increases after launch.
Prestige Clover Dale is a single-phased development, and the project will be fully completed by December 2031. The construction will begin in December 2026. The project has around 70% open space, including parks, water features, and green living areas.
The renowned builder Prestige Group is all set to launch its biggest project, Prestige Clover Dale, in Madras Thiruvallur High Road (CTH Road) in Padi, North Chennai. The project is currently in the pre-launch stage, where buyers can submit an Expression of Interest (EOI). With EOI, buyers may get discounts of up to ₹9 to ₹12 lakhs on 1, 2, 2.5, 3, and 4 BHK apartments. Buyers who submit EOI also get priority in choosing their preferred units.
The Prestige EOI process is simple and can now be done online. It includes filling out an EOI form through a link, entering customer details, and choosing the preferred unit in any tower.
For pre-launch payment, a post-dated cheque has to be provided in the name of Prestige Properties. During apartment allotment, priority will be given to buyers who have submitted an EOI.
Here are the EOI amounts to be paid for different flats:
- 1 BHK: 550 to 650 sq. ft.
- 2 BHK: 900 to 1,150 sq. ft.
- 2.5 BHK: 1,200 to 1,350 sq. ft.
- 3 BHK: 1,350 to 1,800 sq. ft.
- 4 BHK: 2,000 to 2,400 sq. ft.
The Benefits of the Pre-Launch Phase
The pre-launch phase offers good benefits for homebuyers and investors. You can get discounts and also book a home in a prime location at a lower price. As the project moves forward, prices may increase and fewer units may be available, so booking early can be a smart choice.
The Prestige Clover Dale project is being developed by Prestige Properties, a trusted builder. All construction work is being checked regularly to make sure the project stays on track.