Prestige Vaishnaoi Rainbow Waters, Raidurg – 4 BHK in Hyderabad
Prestige Vaishnaoi Rainbow Waters is an ultra-luxury lakefront tower by Prestige Group and Vaishnaoi Group at Raidurg, Gachibowli, Hyderabad, overlooking Malkam Cheruvu Lake, with 4 BHK homes and duplex sky residences.
It is an under-construction project offering 4 BHK & duplex Residences from ₹7.6 Cr, with possession due in May 2028. Its RERA registration number is P02400006240.

Prestige Vaishnaoi Rainbow Waters Overview
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About Prestige Vaishnaoi Rainbow Waters
Prestige Vaishnaoi Rainbow Waters is an ultra-luxury lakefront residential development by Prestige Group in partnership with Vaishnaoi Group, set quietly beside the beautiful Malkam Cheruvu Lake in Raidurg, Gachibowli, Hyderabad. More than just a luxury residential address, Prestige Vaishnaoi Rainbow Waters is conceived as a lifestyle statement for those who want both the energy of HITEC City and the serenity of a private lakefront sanctuary. The development is positioned at the heart of one of Hyderabad’s most happening corridors, where India’s leading global technology campuses, premium retail destinations, and the city’s most renowned schools and hospitals all sit within a short drive.
The location anchors much of what makes Prestige Vaishnaoi Rainbow Waters distinctive. Raidurg Metro Station on the Blue Line terminus sits within a kilometre of the development. The Raheja Mindspace IT Park, Ascendas V Park, Sattva Knowledge Park, Microsoft Campus, Amazon Development Centre, and Google Hyderabad are all within five kilometres. For executives, founders, and professionals working in the HITEC City and Financial District corridors, no other Hyderabad address combines genuine lakefront calm with this density of professional convenience.
Designed by Urban Frames architects, the iconic tower at Prestige Vaishnaoi Rainbow Waters rises gracefully above the surrounding landscape, with every residence conceived as a villa in the sky. The homes are spacious, light-filled, and oriented for panoramic views of Malkam Cheruvu Lake and the Hyderabad skyline beyond. Each residence features marble flooring, wide windows, generous balconies, and refined finishes throughout. The configuration choice spans 4 BHK and Duplex formats, with interiors planned to maximise natural light, ventilation, and privacy. The architectural language draws from biophilic principles, weaving water bodies, landscaped gardens, and open green spaces through the master plan to deepen the connection between residents and nature.
The lifestyle experience at Prestige Vaishnaoi Rainbow Waters is anchored by a grand two-level clubhouse with everything an ultra-luxury resident might want under one roof. The amenity envelope spans a temperature-controlled indoor swimming pool, fitness gymnasium, yoga and meditation room, spa and sauna, badminton and squash courts, private dining rooms, fine dining restaurant, an in-house movie theatre, business centre, and an open library. The community also features a supermarket, ATM, pharmacy, and a clinic on the premises, meaning residents rarely need to step out for everyday needs. Outdoor amenities include a reflexology park, amphitheatre, golf putting green, cricket practice net, outdoor fitness gym, and walking paths threaded through biophilic landscaping. With three car parks plus an EV charging point per unit, freehold land, GHMC approval, Telangana RERA registration, and management by the Prestige Property Management team, Prestige Vaishnaoi Rainbow Waters offers one of Hyderabad’s most refined ultra-luxury residential propositions today.
Prestige Vaishnaoi Rainbow Waters Price List
Prestige Vaishnaoi Rainbow Waters prices start at ₹7.6 Cr for the 4 BHK + Home Office + Maid and go up to ₹9.76 Cr.
| Home type | Size | Price | Availability |
|---|---|---|---|
| 4 BHK + Home Office + Maid | 4,955 – 6,069 Sq.Ft. | ₹7.60 Cr – ₹9.76 Cr | Available |
| 4 BHK Duplex | 7,757 Sq.Ft. | On Request | Available |
Unit-wise pricing and the complete cost breakup, sent instantly to your phone.
GST & Other Charges
| Charge | Rate | Details |
|---|---|---|
| GST on Apartment Cost | 5% (no ITC) | 1% for affordable housing (≤ ₹45L, ≤ 60 sqm carpet). |
| Registration Charges | 1% | Of property value, paid at the Sub-Registrar office. |
| Stamp Duty | ~7.5% | Telangana: 4% stamp duty + 1.5% registration + ~0.5% transfer charges. |
| TGSPDCL & HMWSSB | At actuals | Electricity and water connection deposits, as applicable. |
| Mutation (GHMC) | At actuals | Recorded with GHMC / local body for ownership records. |
| Legal & Documentation | At actuals | Legal vetting, agreement drafting, sale-deed preparation. |
| Maintenance Deposit | 12 months | Advance maintenance, refundable or adjustable. |
| Corpus Fund | One-time | As per the sale agreement — society reserve fund. |
| Club House | Per unit | Included in base price or charged separately by the developer. |
| Car Parking | Per slot | As per the sale agreement — covered or open slot. |
Note: Charges are indicative; final amounts are confirmed at the time of booking and subject to applicable laws, project location, and unit specifications.
Prestige Vaishnaoi Rainbow Waters Review: Is It a Good Buy?
Prestige Vaishnaoi Rainbow Waters is among Hyderabad’s most distinguished ultra-luxury residential offerings of the current decade. Developed by Prestige Group in joint venture with Vaishnaoi Group, the project anchors a single iconic 36-floor tower on Chitrapuri Hills Road in Raidurg, Gachibowli, with panoramic views of Malkam Cheruvu Lake. The joint-venture structure brings together Prestige’s pan-India delivery pedigree with Vaishnaoi Group’s deep Hyderabad market expertise, supported by Urban Frames architectural design. The project is GHMC approved, Telangana RERA registered, and built on freehold land with all legal frameworks cleanly in place.
For end-users, Prestige Vaishnaoi Rainbow Waters is positioned squarely at Hyderabad’s ultra-high-net-worth segment. The entry 4 BHK configuration is suitable for HNI families and CXO-tier buyers looking for an exclusive lakefront Gachibowli base with full clubhouse amenities. The mid-tier 4 BHK formats offer greater scale for joint families, multi-generational households, and HNI buyers wanting larger entertaining and family areas. The premium 4 BHK Duplex tier is reserved for the most discerning buyers, offering vertical-spread two-level luxury that effectively delivers the experience of a sky villa with private elevator access and curated panoramic Malkam Cheruvu views. Every Prestige Vaishnaoi Rainbow Waters residence includes three car parks plus an EV charging point, reflecting the ultra-luxury standard.
For investors and NRIs with a 4-7 year horizon, Prestige Vaishnaoi Rainbow Waters offers a rare lakefront proposition. Raidurg and the broader Gachibowli corridor have consistently demonstrated strong capital appreciation as Hyderabad’s premier IT-corridor residential micro-market, with the Raidurg Metro Station Blue Line terminus, the Financial District employment cluster, and the upcoming Hyderabad infrastructure pipeline supporting continued growth. The supply of genuine lake-view ultra-luxury inventory at this corridor is structurally limited, making Prestige Vaishnaoi Rainbow Waters a scarcity-premium asset. Rental yields on ultra-luxury Gachibowli residences are typically modest in percentage terms but command exceptional absolute monthly rentals supported by sustained CXO-tier corporate-lease demand and foreign diplomatic personnel sourcing. The Prestige Property Management framework ensures continuity of asset care, which is particularly relevant for NRI investors managing the property remotely.
Benchmark Prestige Vaishnaoi Rainbow Waters against alternative Hyderabad ultra-luxury launches including My Home Avatar, Aparna Sarovar Zenith, Lansum Etania, and Phoenix Aura for brand-pricing-amenity-configuration comparison. For a discerning UHNWI buyer specifically wanting Prestige brand at a rare lakefront Gachibowli address, panoramic Malkam Cheruvu views, the depth of the two-level clubhouse amenity envelope, and the enduring asset value of true lakefront West Hyderabad property – Prestige Vaishnaoi Rainbow Waters is among the most compelling ultra-luxury picks available in Hyderabad today.
Pros 18
- 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.
- Heart-of-HITEC-City location places the development within minutes of Raheja Mindspace, Microsoft Campus, Amazon, Google Hyderabad, and the broader Gachibowli IT corridor.
- Financial District, Gachibowli is just a short drive away making this an ideal address for CXOs and senior banking professionals.
- Raidurg Metro Station on the Blue Line terminus sits within a kilometre supporting daily metro commute options.
- Iconic two-level clubhouse with temperature-controlled pool, spa, sauna, in-house movie theatre, business centre, and fine dining restaurant.
- On-site supermarket, ATM, pharmacy, and clinic mean residents rarely need to step out for daily essentials.
- Biophilic landscape design weaves water bodies, gardens, and open green spaces throughout the master plan.
- Three car parks plus a dedicated EV charging point per unit reflect the ultra-luxury positioning.
- Designed by Urban Frames, one of Hyderabad’s respected residential architecture practices.
- Freehold land status with GHMC approval ensures clear title and regulatory compliance.
- Telangana RERA registered with full project documentation accessible on the Telangana RERA portal.
- Tier-one healthcare ecosystem with KIMS, AIG, Care, Rainbow Children’s, and Continental hospitals within easy reach.
- Premium education access via DPS Khajaguda, Oakridge International, Chirec International, ISB, and University of Hyderabad.
- Post-handover property management by the Prestige Property Management team ensures continuity of service standards.
- Inorbit Mall, Sarath City Capital Mall, and the Hyderabad luxury retail and hospitality circuit are all within minutes of the development.
Cons 10
- 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.
- Lakefront location requires careful exterior maintenance against monsoon-season exposure and ambient humidity.
- Telangana 2026 transaction-cost stack including stamp duty, registration, GST, and society corpus is meaningful on the ultra-luxury ticket.
- The 36-floor iconic-tower format means top-floor units command significant premium and lower-floor units may have partial lake-view obstruction by surrounding development.
- Monthly maintenance is meaningfully higher than minimal-amenity standalone buildings given the comprehensive on-site supermarket, pharmacy, and clinic infrastructure.
- Resale liquidity at the ₹5 Cr-plus ultra-luxury Hyderabad tier is concentrated among a narrow UHNWI buyer pool.
- The Telangana RERA completion date is 11 May 2028, later than the December 2026 target the developer first indicated, so end-users wanting early occupancy should plan for 2028.
Prestige Vaishnaoi Rainbow Waters Plans
See the site master plan and unit-wise floor plans, sent instantly to your phone.
Prestige Vaishnaoi Rainbow Waters Amenities
Prestige Vaishnaoi Rainbow Waters lists 51 amenities, including grand two-level clubhouse, lake-view clubhouse, temperature-controlled pool, indoor swimming pool and spa & sauna.
Prestige Vaishnaoi Rainbow Waters Location & Connectivity
Prestige Vaishnaoi Rainbow Waters is in Raidurg, Gachibowli, Hyderabad. Raidurg Metro Station is 1 km away; L&T Metro Mall is 2 km away; Hi-Tech City Metro Station is 2.5 km away. For daily life, the nearest hospital is KIMS Hospitals (2.2 km), the nearest school is Oasis School (2.5 km) and the nearest supermarket is Sarath City Capital Mall (2.5 km). Distances are approximate road distances.
Nearby Places
- Raidurg Metro Station – 1 km
- Hi-Tech City Metro Station – 2.5 km
- Rajiv Gandhi International Airport
- Secunderabad Railway Station
- Lingampally Railway Station – 8 km
- L&T Metro Mall – 2 km
- WaveRock SEZ – 3.6 km
- Microsoft Campus, Gachibowli – 3.8 km
- Amazon Development Centre – 3.9 km
- Google Hyderabad Campus – 4.0 km
- Wipro Campus – 4.5 km
- Capgemini Technology Services – 4.8 km
- Deloitte Office Tower – 4.5 km
- Inorbit Mall, Madhapur – 3 km
- Novotel Hyderabad Convention Centre – 4 km
- Hyderabad Marriott Convention Centre – 4 km
- Oasis School, Raidurg – 2.5 km
- The Shri Ram Universal School, Financial District – 3.8 km
- Oakridge International School, Gachibowli – 4 km
- Kairos Global School, Khajaguda – 4.2 km
- Delhi Public School, Khajaguda – 4.5 km
- EuroSchool, Gachibowli – 4.7 km
- Keystone International School, Nanakramguda – 5 km
- Chirec International School, Kondapur – 6.2 km
- Jubilee Hills Public School – 6.5 km
- Bharatiya Vidya Bhavan’s Public School, Jubilee Hills – 6.8 km
- Indian School of Business – 3 km
- University of Hyderabad – 5 km
- KIMS Hospitals, Gachibowli – 2.2 km
- AIG Hospitals, Gachibowli – 2.8 km
- Care Hospital, Hi-Tech City – 3.5 km
- Rainbow Children’s Hospital, Kondapur – 4.0 km
- Medicover Hospitals, Hi-Tech City – 4.2 km
- Pace Hospitals, Gachibowli – 4.6 km
- Sunshine Hospitals, Gachibowli – 4.9 km
- Continental Hospitals, Nanakramguda – 5.1 km
- Yashoda Hospitals, Hi-Tech City – 5.3 km
- Apollo Hospitals, Jubilee Hills – 6.5 km
- Sarath City Capital Mall – 2.5 km
- Atrium Mall – 3.5 km
- Forum Sujana Mall, Kukatpally – 10 km
- GVK One Mall, Banjara Hills – 10 km
- Chitrapuri Hills Road frontage
- Outer Ring Road – 4 km
- Old Mumbai Highway – 5 km
- PV Narasimha Rao Expressway – 6 km
- Raheja Mindspace IT Park – 1.2 km
- Ascendas IT Park – 1.8 km
- Sattva Knowledge Park – 2.1 km
- NSL Divyasree Orion – 2.5 km
- Financial District, Gachibowli – 3.2 km
- ICICI Bank Towers – 4.2 km
- Cognizant Technology Park – 5.0 km
- Salarpuria Sattva Knowledge City – 3 km
- Hyderabad Inter-City MMTS – 6 km
- Mehdipatnam Bus Terminus
- The Hyderabad Marriott – 4 km
- Trident Hotel, HITEC City – 3 km
- Westin Mindspace – 1.5 km
- Park Hyatt Banjara Hills – 10 km
- Malkam Cheruvu Lake
- Durgam Cheruvu Lake & Cable Bridge – 2 km
- Botanical Garden, Kothaguda – 4 km
- KBR National Park – 7 km
- Hussain Sagar Lake
- Golkonda Fort – 8 km
- Qutb Shahi Tombs – 9 km
- Wonderla Amusement Park
- Shilparamam Arts & Crafts Village – 2 km
Raidurg, Hyderabad
Hyderabad's #1 IT-metro premium corridor — busiest Blue Line station, October 2025 land auction at ₹177 Cr/acre reset city-wide valuations, Mindspace and IKEA anchors
About Prestige Group
Prestige Group is one of India’s most established and trusted real estate developers, founded in 1986 and headquartered in Bengaluru. The publicly listed company operates across Bengaluru, Chennai, Hyderabad, Kochi, Goa, Mumbai, and Delhi-NCR, delivering landmark residential, commercial, retail, hospitality, and mixed-use developments. Across nearly four decades of operation, Prestige has earned a reputation for design excellence, construction quality, and timely delivery, becoming the only Indian real estate developer to be rated DA1 by CRISIL. Vaishnaoi Group is a respected Hyderabad-based real estate developer with a deep portfolio of premium residential and commercial projects across the city, particularly known for delivering quality developments in the West Hyderabad corridor.
For Prestige Vaishnaoi Rainbow Waters, the two developers have come together in joint venture to deliver an ultra-luxury lakefront statement at Raidurg. The project is GHMC approved and registered with Telangana RERA. The architectural design is led by Urban Frames, one of Hyderabad’s respected residential architecture practices. Post-handover property management is undertaken by the Prestige Property Management team, ensuring continuity of the Prestige service standard from purchase through long-term residence. Home-loan approvals are available from major private and public sector banks including HDFC, ICICI, Axis Bank, and SBI for buyer convenience.
Prestige Vaishnaoi Rainbow Waters Payment Plan
You pay in stages as the building goes up, so the full price is not due on day one. Each instalment falls due only when the developer finishes a construction stage, and the exact schedule is written into your agreement for sale.
- 1At booking
Pay the booking amount, then sign and register the agreement for sale. Stamp duty and registration are paid at this stage.
- 2During construction
Instalments are linked to stages such as the foundation and each floor slab. With a home loan, the bank pays these stages directly to the developer.
- 3At possession (May 2028)
The last instalment is paid when the building is complete, along with maintenance deposit and other one-time charges.
Prestige Vaishnaoi Rainbow Waters EMI Calculator
Pick a home type to see the monthly EMI on an 80% home loan, or move the sliders to match your own loan.
The 8.5% rate is only a starting point, so check the rate your bank offers you. While the project is being built, the bank releases the loan in stages and you usually pay only interest (pre-EMI) on the amount released. The full EMI starts after possession. Stamp duty, registration and GST are paid on top of the home price.
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★ Write a ReviewPrestige Vaishnaoi Rainbow Waters FAQs
Prestige Vaishnaoi Rainbow Waters is located on Chitrapuri Hills Road in Raidurg, Gachibowli, Hyderabad, overlooking the beautiful Malkam Cheruvu Lake.
Rainbow Waters is on a 25:75 plan, with 25% on booking and the remaining 75% on possession. The 4 BHK of 4,955 to 6,069 Sq.Ft. starts at ₹7.60 Cr.
Prestige Vaishnaoi Rainbow Waters is developed by Prestige Group in joint venture with Vaishnaoi Group, two of India’s most respected residential developers.
Prestige Vaishnaoi Rainbow Waters offers ultra-luxury 4 BHK apartments and Duplex sky residences, each crafted with lake-view orientation and premium specifications.
Yes. Prestige Vaishnaoi Rainbow Waters is registered with Telangana RERA under registration number P02400006240 and is also GHMC approved.
Prestige Vaishnaoi Rainbow Waters 4 BHK homes of 4,955 to 6,069 Sq.Ft. are priced from ₹7.60 Cr to ₹9.76 Cr, and the 4 BHK duplex of 7,757 Sq.Ft. sits at the top of the range.
The Telangana RERA registration P02400006240 gives a completion date of 11 May 2028. The developer earlier indicated December 2026, so plan around the RERA date.
Prestige Vaishnaoi Rainbow Waters comprises a single iconic 36-floor tower with approximately 150 sky residences offering panoramic Malkam Cheruvu Lake views.
Each residence at Prestige Vaishnaoi Rainbow Waters comes with three car parks plus a dedicated EV charging point, reflecting the ultra-luxury parking standard.
Prestige Vaishnaoi Rainbow Waters combines a lakefront Malkam Cheruvu location with biophilic design, an on-site supermarket-pharmacy-clinic, and a two-level clubhouse within HITEC City’s most happening corridor.
Amenities include a two-level clubhouse with temperature-controlled pool, gym, spa, movie theatre, business centre, fine dining restaurant, sports courts, plus an on-site supermarket, pharmacy, clinic, and ATM.
The project enjoys seamless access via Raidurg Metro Station, the Outer Ring Road, PV Narasimha Rao Expressway, and proximity to Raheja Mindspace, Financial District Gachibowli, and Microsoft Campus.
Yes. The land at Prestige Vaishnaoi Rainbow Waters is freehold and legally clear, with GHMC approval and Telangana RERA registration in place.
For UHNWI buyers, Prestige Vaishnaoi Rainbow Waters offers Prestige brand assurance, structurally scarce lakefront supply in Hyderabad’s premier IT corridor, and strong long-term capital preservation potential.
Prestige Vaishnaoi Rainbow Waters Latest Updates
-
26 Oct 202625:75 payment plan offerPrestige Vaishnaoi Rainbow Waters is selling on a 25:75 plan: 25% on booking and 75% on possession.
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14 May 2026Construction in progress
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01 Feb 2026Raidurg Metro Station strengthens Gachibowli corridor connectivity
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