Prestige Vaishnaoi Rainbow Waters vs Raghava Iris

Side-by-side comparison of price, possession, size, density, RERA registration, amenities and connectivity for two projects in Raidurg.

Data from each project page on BookNewProperty, last updated 1 Nov 2026.

For the full price list, floor plans, RERA details and our review of each project, see Prestige Vaishnaoi Rainbow Waters and Raghava Iris.

Quick answer

Both projects are in Raidurg, Hyderabad. Prestige Vaishnaoi Rainbow Waters is due first, with possession in May 2028; Raghava Iris in 15 September 2028 follows. Raghava Iris sits on the largest site, at 7 acres. Prestige Vaishnaoi Rainbow Waters is the least dense, at about 62 homes per acre.

Key specs side by side

FeaturePrestige Vaishnaoi Rainbow WatersRaghava Iris
DeveloperPrestige GroupRaghava
LocationRaidurg, Gachibowli, HyderabadRaidurgam, Gachibowli
Starting price₹7.6 Cr OnwardsOn Request
Configurations4 BHK & Duplex Residences4 BHK Sky Homes
Unit sizes4,955–7,757 sq ft5,425–6,605 sq ft
Site area2.42 Acres7 acresLargest
Homes150 Units540 apartments
Density~62 homes/acreLowest~77 homes/acre
PossessionMay 2028Earliest15 September 2028
StatusUnder ConstructionUnder Construction
AvailabilityAvailableAvailable
Project typeStandalone ProjectUltra-Luxury Residential
RERAP02400006240P02400005078
Payment planConstruction Linked PlanOn Request
Amenities listed5128

Prices are base prices from each project's latest price list; GST, registration and other charges are extra. Density is homes per acre of site area.

Which should you choose?

Choose Prestige Vaishnaoi Rainbow Waters if…

  • you want to move in soonest
  • you prefer a less crowded community
  • amenities matter most to you

Full Prestige Vaishnaoi Rainbow Waters review →

Choose Raghava Iris if…

  • you want the biggest site and open space
  • you are looking for 4 BHK Sky Homes

Full Raghava Iris review →

Price list comparison

Prestige Vaishnaoi Rainbow Waters

UnitSizePrice
4 BHK + Home Office + Maid4,955 – 6,069 Sq.Ft.₹7.60 Cr – ₹9.76 Cr
4 BHK Duplex7,757 Sq.Ft.On Request

Raghava Iris

UnitSizePrice
4 BHK — Towers 1 & 26605 sq ftOn Request
4 BHK — Tower 35425 to 5430 sq ftOn Request

Amenities compared

AmenityPrestige Vaishnaoi Rainbow WatersRaghava Iris
Squash Court✓✓
Grand Two-Level Clubhouse✓—
Lake-View Clubhouse✓—
Temperature-Controlled Pool✓—
Indoor Swimming Pool✓—
Spa & Sauna✓—
Modern Fitness Gymnasium✓—
Yoga Meditation Room✓—
Badminton Court✓—
Snooker Pool Lounge✓—
In-House Movie Theatre✓—
Indoor Games Room✓—
Business Centre✓—
Private Dining Room✓—
Fine Dining Restaurant✓—
Open Library Lounge✓—
In-House Supermarket✓—
On-Site ATM✓—
In-House Pharmacy✓—
On-Site Clinic✓—
Premium Guest Suites✓—
Outdoor Fitness Gym✓—
Open-Air Amphitheatre✓—
Children Play Area✓—
Toddlers Play Zone✓—
Reflexology Walking Path✓—
Rock Climbing Wall✓—
Cricket Practice Net✓—
Golf Putting Green✓—
Jogging Walking Track✓—

Showing the 30 most common of 78 amenities across these projects. "—" means the developer has not listed it.

Location and connectivity

NearbyPrestige Vaishnaoi Rainbow WatersRaghava Iris
Transport
  • Raidurg Metro Station – 1 km
  • Hi-Tech City Metro Station – 2.5 km
  • Rajiv Gandhi International Airport
—
Work Hubs
  • WaveRock SEZ – 3.6 km
  • Microsoft Campus, Gachibowli – 3.8 km
  • Amazon Development Centre – 3.9 km
—
Education
  • Oasis School, Raidurg – 2.5 km
  • The Shri Ram Universal School, Financial District – 3.8 km
  • Oakridge International School, Gachibowli – 4 km
—
Healthcare
  • KIMS Hospitals, Gachibowli – 2.2 km
  • AIG Hospitals, Gachibowli – 2.8 km
  • Care Hospital, Hi-Tech City – 3.5 km
—
Shopping
  • Sarath City Capital Mall – 2.5 km
  • Atrium Mall – 3.5 km
  • Forum Sujana Mall, Kukatpally – 10 km
—
Infrastructure
  • Chitrapuri Hills Road frontage
  • Outer Ring Road – 4 km
  • Old Mumbai Highway – 5 km
—
Recreation
  • Raheja Mindspace IT Park – 1.2 km
  • Ascendas IT Park – 1.8 km
  • Sattva Knowledge Park – 2.1 km
—
Access & Transit——
IT Hubs & Offices——
Hospitals——
Schools——
Hotels & Recreation——

Pros and cons

Prestige Vaishnaoi Rainbow Waters

Pros

  • Prestige Group brand pedigree combined with Vaishnaoi Group’s deep Hyderabad market expertise delivers strong joint-venture credentials.
  • Prestige Vaishnaoi Rainbow Waters is positioned as one of the few genuine lakefront ultra-luxury residential opportunities in Raidurg, Hyderabad.
  • Direct Malkam Cheruvu Lake adjacency offers panoramic lake views from every residence across the entire iconic tower.
  • Single 36-floor tower configuration ensures low density and exclusivity for ultra-luxury residents.

Cons

  • Pricing positioning at the ultra-luxury upper end of the Hyderabad residential market puts Prestige Vaishnaoi Rainbow Waters beyond reach for most buyers.
  • Limited unit count across the single iconic tower creates competition among UHNWI buyers for lake-view premium-floor inventory.
  • Compact 2.42-acre land footprint means the amenity envelope is concentrated within the tower rather than spread across a larger landscaped estate.
  • Raidurg evening peak-hour traffic on Chitrapuri Hills Road and the approach roads to Gachibowli can be congested.

Raghava Iris

Frequently asked questions

Which project will be ready first?

Prestige Vaishnaoi Rainbow Waters is scheduled to be ready first. RERA possession dates: Prestige Vaishnaoi Rainbow Waters: May 2028; Raghava Iris: 15 September 2028.

Which project is bigger?

Raghava Iris has the largest site. Prestige Vaishnaoi Rainbow Waters: 2.42 Acres, 150 Units; Raghava Iris: 7 acres, 540 apartments.

Are Prestige Vaishnaoi Rainbow Waters and Raghava Iris RERA registered?

Prestige Vaishnaoi Rainbow Waters is registered under P02400006240. Raghava Iris is registered under P02400005078.

Who are the developers?

Prestige Vaishnaoi Rainbow Waters is by Prestige Group; Raghava Iris is by Raghava.

Which project has more amenities?

Prestige Vaishnaoi Rainbow Waters lists the most. Prestige Vaishnaoi Rainbow Waters lists 51 amenities; Raghava Iris lists 28 amenities.

What configurations do they offer?

Prestige Vaishnaoi Rainbow Waters offers 4 BHK & Duplex Residences; Raghava Iris offers 4 BHK Sky Homes.

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