New Launch Luxury Apartments Near Madhavaram NH-5 2026 – What You Need to Know

Published On: 9 July 2026

New launch luxury apartments near Madhavaram NH-5 in 2026 average between ₹7,500 and ₹12,000 per sq. ft. across properties ranging from 650 sq. ft. to 3,431 sq. ft. These modern gated communities sit directly on the Grand Northern Trunk Road to provide effortless travel times to industrial centers and the upcoming Phase 2 metro stations. Most of these new launches offer premium high-rise living with robust multi-tier security, expansive landscaped lawns, and large functional clubhouses.

The total cost for these premium homes starts around ₹64 Lakhs for standard layouts and reaches past ₹2.50 Crore for large luxury options. Builders in this fast-growing micro-market rely on advanced MIVAN aluminum formwork to build smooth, long-lasting concrete walls that resist structural cracks. These premium real estate projects reserve 70% to 80% of their land as wide open green spaces and modern sports areas. This makes the region highly attractive to young families who need clean, modern neighborhoods with rapid transit routes into central Chennai.

Here are some of New Launch Luxury Apartments Near Madhavaram NH-5 2026

Sri The Peak

Sri The Peak is an ongoing high-rise premium apartment project located in a well-connected zone in Madhavaram, North Chennai. The township was built on 1.56 acres of prime land with architectural structural blocks holding 60 homes. The project offers 2 BHK and 3 BHK luxury apartments with floor sizes ranging from 935 sq. ft. to 1,229 sq. ft. The apartment price starts at ₹70.12 Lakhs and goes up to ₹92.17 Lakhs or more. The Tamil Nadu Real Estate Regulatory Authority fully approves this project under RERA ID TN/29/Building/028/2024. The project launch date is set for February 1, 2024, and the official physical possession date is set for December 31, 2026.

2 BHK Apartment: 935 sq. ft. — ₹70.12 Lakhs onwards
3 BHK Luxury Unit: 1,229 sq. ft. — ₹92.17 Lakhs onwards

Hiliving Royal Evita

Hiliving Royal Evita is an under-construction upscale residential enclave located in a high-growth zone in Madhavaram, North Chennai. The township was built on 2.3 acres of prime land with structural blocks rising above ground, plus 5 floors holding 226 homes. The project offers spacious 2 BHK and 3 BHK units with floor sizes ranging from 962 sq. ft. to 1,738 sq. ft. The apartment price starts at ₹67.33 Lakhs and goes up to ₹1.21 Crore or more. The Tamil Nadu Real Estate Regulatory Authority fully approves this project under RERA ID TN/29/Building/0298/2023. The project launch date is set for June 15, 2023, and the official physical possession date is set for November 30, 2025, with ongoing immediate handovers.

2 BHK Apartment: 962 sq. ft. — ₹67.33 Lakhs onwards
3 BHK Luxury Unit: 1,738 sq. ft. — ₹1.21 Crore onwards

Urbanrise The Lakes Edge

Featured Image of Urbanrise The Lake Edge

Urbanrise The Lakes Edge is a prestigious new luxury lakefront residential project located close to the serene beauty of Retteri Lake in Madhavaram. The township was built on 5 acres of pristine land with 4 elegant high-rise towers holding 382 homes. The project offers 2 BHK and 3 BHK smart homes with home sizes ranging from 1,110 sq. ft. to 1,304 sq. ft. The apartment price starts at ₹85.10 Lakhs and goes up to ₹1.29 Crore or more. The Tamil Nadu Real Estate Regulatory Authority fully approves this project under RERA ID TN/29/Building/0083/2025. The project launch date is set for March 1, 2025, and the official physical possession date is set for September 1, 2028.

2 BHK Apartment: 1,110 sq. ft. — ₹85.10 Lakhs onwards
3 BHK Luxury Unit: 1,304 sq. ft. — ₹1.29 Crore onwards

Pre-Launch Luxury Apartments Near Madhavaram chennai

Prestige Palm Court

Prestige Palm Court is a pre-launch luxury residential project located along the high-growth Grand Northern Trunk Road near Madhavaram, Chennai. The township is developing over a large land area of 10 acres with 4 large high-rise towers rising 19 floors high, holding 860 premium homes. The project offers elite 1 BHK, 2 BHK, 3 BHK, & 4 BHK apartments with floor sizes ranging from 750 sq. ft. to 3,431 sq. ft. The apartment price starts at ₹75 Lakhs and goes up to ₹2.50 Crore or more. The project is awaiting its final TNRERA approval number to be issued soon. The project launch date is set for April 15, 2026, and the official physical possession date is set for December 31, 2029.

1 BHK Apartment: 750 sq. ft. — ₹75 Lakhs onwards
2 BHK Apartment: 1,170 sq. ft. — ₹98 Lakhs onwards
3 BHK Compact: 1,630 sq. ft. — ₹1.20 Crore onwards
4 BHK Luxury Unit: 3,431 sq. ft. — ₹2.50 Crore onwards

FAQs

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

The starting price for a premium 1 BHK apartment measuring 750 sq. ft. at Prestige Palm Court begins at ₹75 Lakhs.

2. Is Urbanrise The Lakes Edge approved by the Tamil Nadu Real Estate Regulatory Authority?

Yes, Urbanrise The Lakes Edge is completely approved under the official registration number TN/29/Building/0083/2025.

3. When can buyers expect physical possession of apartments in Sri The Peak?

The official physical possession and final key handover date for buyers at Sri The Peak is scheduled for December 2026.

4. Which specific construction technology is used in the Urbanrise Retteri Lake project?

Urbanrise The Lakes Edge utilizes modern MIVAN aluminum formwork technology to deliver superior structural finish, durability, and moisture resistance.