Where do the pre-wired speakers' wires run? You will have to run wires from there to your receiver.

@mtvhike That is the pending question. Where to run the wires to the receiver? I'm thinking whether to wire near to the TV or away from the TV in a closet.

You said that you already have ceiling pre-wired speakers. Do they actually exist, or are they just in the building plans? Regardless, I would definitely not put the receiver in a closet, because you will need to have access to its controls. I would put my receiver on the TV stand under the TV. In my home theater room, there is a cabinet below the TV, which is about the same width. All my audio equipment is on that.

@mtvhike They are just in the building plans, don't exist yet. I'm supposed to tell the builder about where I should route the wires from the ceiling.

Sounds good. What you said makes sense.

I'm planning to put a cabinet under the TV for storage purposes anyways. So, I'll place the receiver in it. Thank you.

If you want to learn a lot about home theater, avsforum is the best resource I've found. Usually good equipment is placed in a location with proper venting.

I agree with kayozzy about avsforum - I'm a member and there is a lot of expertise there. It all depends on how deeply you want to get into this!