Prestige Vaishnaoi Rainbow Waters
Prestige Vaishnaoi Rainbow Waters is a new residential Apartments development project launched in Rai Durg in Hyderabad. Ensuring that residents enjoy both breathtaking landscape and connectivity to the rest of the city. The project is thoughtfully designed with top-notch amenities.
The project covers an impressive 2.42 acresland area and offers a variety of luxurious and spacious living options. You can choose from 4 BHK - sqft - 4955 to 6069 sqft, 4 BHK Duplex - sqft - 7757 sqft, - sqft - sqft, - sqft - sqft, - sqft - sqft Apartments, all designed to meet your needs for comfort and style. Prestige Vaishnaoi Rainbow Waters contains a total of 150 units, distributed across 1 tower, each standing tall with 2B+5P+36 floors. This ensures plenty of choices for families, singles, and everyone in between.
For more information about layout and design details, comprehensive information about the master plan and floor plans please refer the sections below.
Expected to be ready for occupancy by 2028 Onwards, Prestige Vaishnaoi Rainbow Waters is developed by Prestige Constructions, a reputable name in the industry known for completing numerous projects accross Hyderabad. Their commitment to quality, timely delivery, and reliability allows you to invest in your new home with confidence.
Prestige Vaishnaoi Rainbow Waters comes with world class amenities to fill your essential and affluent needs. Residents can take advantage of a fully equipped gymnasium, clubhouse, and a swimming pool. For those who enjoy recreational activities, there are indoor games, a jogging track, and beautifully landscaped gardens. Children will have their own dedicated play area to explore and enjoy. Retail spaces add convenience for everyday shopping needs. A designated party area makes it easy to celebrate special occasions with family and friends.
Prestige Vaishnaoi Rainbow Waters promotes a lifestyle that embraces nature. With ample open space, residents can enjoy a sense of luxury and tranquility surrounded by greenery. The project is designed to provide a comfortable living experience, complemented by 24/7 security for the safety and peace of mind of all residents.
Prestige Vaishnaoi Rainbow Waters excels in connecting you to the external world as well. Located in Rai Durg.
Rai Durg, located in Hyderabad, is part of the city’s key IT corridor, adjacent to HITEC City and Gachibowli. This fast-growing commercial area is home to top IT companies, making it a prime location for professionals. Reputed schools like Manthan International School and hospitals such as AIG Hospitals are in the vicinity. The area also offers numerous restaurants, malls, and entertainment options, making it a lively and convenient place to live. Rai Durg's proximity to both work and lifestyle amenities makes it a highly desirable residential area.
Whether you’re searching for a new family home or an independent living space full of vibrancy, Prestige Vaishnaoi Rainbow Waters has something for everyone. Don't miss out on the opportunity to be part of this exceptional community.
All this enhanced life experience comes with the affordable and competitive prices. For details on pricing please refer to the pricing table below or contact us for exclusive offers.
Prestige Vaishnaoi Rainbow Waters Highlights
Builder Prestige Constructions
Project Name Prestige Vaishnaoi Rainbow Waters
Approving Authority
RERA Acknowledged
City Hyderabad
Location Rai Durg
Project Type Apartments
Project Status New Launch
Land Area 2.42 acres
Number of Towers 1 tower
Floor Level 2B+5P+36
Number of Units 150
Possession Date 2028 Onwards
Unit Variants 4 BHK - sqft - 4955 to 6069 sqft, 4 BHK Duplex - sqft - 7757 sqft, - sqft - sqft, - sqft - sqft, - sqft - sqft
Prestige Vaishnaoi Rainbow Waters Salient Features
- Unobstructed views of Malkam Cheruvu Lake
- Spacious 4 BHK and duplex apartments
- High-rise tower with modern amenities
- Prime location in Gachibowli, Hyderabad
Prestige Vaishnaoi Rainbow Waters Gallery
Prestige Vaishnaoi Rainbow Waters Location
Prestige Vaishnaoi Rainbow Waters is located in Rai Durg, Gachibowli.
Gachibowli, located in the Serilingampally mandal of Ranga Reddy district, is a prominent IT suburb in Hyderabad, approximately 5 km from HITEC City. The area hosts numerous tech companies and residential units, contributing to its rapid development.
The locality is well-connected through the Outer Ring Road and the Hyderabad Metro, facilitating seamless travel to other parts of the city. Educational institutions such as the University of Hyderabad and CHIREC International School have campuses here. Healthcare facilities like CARE Hospitals serve the community. For shopping and entertainment, residents can visit nearby centers, including the Gachibowli Central Mall. The Rajiv Gandhi International Airport is approximately a 30-minute drive away, enhancing the area's connectivity.
Prestige Vaishnaoi Rainbow Waters Master Plan
Prestige Vaishnaoi Rainbow Waters Floor Plans
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Prestige Vaishnaoi Rainbow Waters Amenities
Prestige Vaishnaoi Rainbow Waters Pricing
Villa TypePlot DimensionsUnit Type | Plot Area (Sq Ft)Area (Sq Ft) | Super Builtup Area (Sq Ft) | Price |
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4 BHK | 4955 to 6069 | Unlock Price | |
4 BHK Duplex | 7757 | Unlock Price | |
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Disclaimer: Information and prices on this platform may change without notice. We strive for accuracy but cannot guarantee it. Verify details independently by contacting us. We are not liable for any reliance on the provided information or pricing.
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Prestige Vaishnaoi Rainbow Waters FAQs
Where is Prestige Vaishnaoi Rainbow Waters is located?
Prestige Vaishnaoi Rainbow Waters is located at C99P+R3, near KIMS Hospital, Tela Chitrapuri Hills Road, Rai Durg, Gachibowli, Hyderabad, Telangana
What are the different types of units available in the Prestige Vaishnaoi Rainbow Waters
Prestige Vaishnaoi Rainbow Waters comprises of 4 BHK - sqft - 4955 to 6069 sqft, 4 BHK Duplex - sqft - 7757 sqft, - sqft - sqft, - sqft - sqft, - sqft - sqft
When is the handover of Prestige Vaishnaoi Rainbow Waters?
Prestige Vaishnaoi Rainbow Waters will be handed over from 2028 Onwards
What are the specifications provided in the Prestige Vaishnaoi Rainbow Waters?
Personalized, in-depth information can be provided. Please fill in your contact information in the inquiry form.
Are there any special offers if I want to book my dream unit at Prestige Vaishnaoi Rainbow Waters ?
Yes, there is a special offer for the first few customers only. Reach out to us by filling the contact form to avail the special offers.
How to book my dream Unit in Prestige Vaishnaoi Rainbow Waters ?
Reach us by filling the contact form to get complete assistance in booking.
What are the other similar projects to consider that are similar to Prestige Vaishnaoi Rainbow Waters?
Is Prestige Vaishnaoi Rainbow Waters RERA approved?
Prestige Vaishnaoi Rainbow Waters has been acknowledged by RERA and its RERA ID is Acknowledged
About RERA
The Real Estate (Regulation and Development) Act, 2016 (RERA) is very important in Bangalore's real estate market, which is one of India's fastest-growing tech and property hubs. With rapid urbanization and significant growth in the property sector, RERA has brought much-needed transparency, accountability, and efficiency to the industry.
Before RERA, homebuyers often faced problems like project delays, lack of information, and unfair practices by developers. RERA addresses these issues by requiring developers to register their projects with the regulatory authority, ensuring that buyers get accurate and timely updates about their properties.
One major benefit of RERA in Bangalore is the protection it offers to homebuyers. Developers must keep a separate escrow account for each project, ensuring that funds collected from buyers are used only for that project's construction. This helps prevent misuse of funds and reduces the risk of delays.
RERA also provides a strong grievance redressal system, allowing homebuyers to file complaints against developers for any violations. This ensures that disputes are resolved quickly, building greater trust between buyers and developers.
For developers, RERA sets clear guidelines and standards, promoting fair competition and professionalism. Following RERA regulations enhances a developer's credibility and reputation, attracting more buyers and investors.
Overall, RERA has been a game-changer, boosting confidence among homebuyers, encouraging ethical practices, and supporting the sustainable growth of Bangalore's real estate market.
Overall Review of Prestige Vaishnaoi Rainbow Waters
Project Overview
Prestige Vaishnaoi Rainbow Waters is a luxury residential project jointly developed by Prestige Constructions and Vaishnaoi Group, located in the upscale area of Raidurgam, Gachibowli, Hyderabad. This exclusive project offers high-rise apartments designed for urban luxury living with expansive views of Malkam Cheruvu Lake. The project primarily focuses on premium 4 BHK and duplex apartments, catering to the affluent segment of society. With meticulous planning and a robust timeline, the project is expected to be completed by May 2028.
Market Analysis
- Target Market Demographics: The project targets high-net-worth individuals, business professionals, and expatriates working in Hyderabad’s IT and financial hubs like Gachibowli and HITEC City.
- Competitive Analysis: Competing projects in the area include Aparna One, My Home Bhooja, and Rajapushpa Regalia. However, the project's unique location near Malkam Cheruvu Lake and premium features position it as a standout choice for luxury seekers.
- Demand and Supply Trends: The demand for luxury apartments in Gachibowli remains high due to the area's robust infrastructure, proximity to employment hubs, and reputed educational institutions.
- Unique Selling Propositions (USPs):
- Prime lakeside location.
- Unobstructed scenic views.
- World-class amenities and high-end specifications.
Land and Location Details
- Size and Zoning Classification: Spanning 2.42 acres, the project is appropriately zoned for residential high-rise development.
- Accessibility: The project is located near Chitrapuri Hills Road, easily accessible from Outer Ring Road, HITEC City, and Gachibowli IT Corridor. Landmarks such as KIMS Hospital, Inorbit Mall, and Hyderabad Central University enhance its locational appeal.
- Environmental Considerations: Proximity to Malkam Cheruvu Lake ensures eco-friendly surroundings and better air quality. Necessary environmental clearances have been obtained.
Project Design and Layout
- Master Plan and Architectural Design: The project features a single high-rise tower with 2 basements, 5 podium parking levels, and 36 residential floors. The design emphasizes open spaces and maximum lake views.
- Number and Types of Units: The project offers 150 premium units, including 4 BHK apartments, 4 BHK duplexes, and 5 BHK duplexes.
- Amenities and Facilities:
- Clubhouse with gymnasium and spa.
- Swimming pool and children’s play area.
- Landscaped gardens and amphitheater.
- Indoor games, mini-theatre, and a library.
- Sports courts and jogging tracks.
- Energy Efficiency and Sustainability: Features include rainwater harvesting, energy-efficient lighting, and solid waste management systems.
Financials and Investment
- Total Project Cost Estimation: Estimated at approximately ₹1,000 Crore, considering the land acquisition, construction, and amenities.
- Funding Sources: A mix of equity, pre-sales revenue, and project-specific loans.
- Expected Revenue and Return on Investment (ROI): High ROI anticipated due to the location's premium pricing and growing demand for luxury apartments.
- Pricing Strategy: Units are priced competitively at ₹5.69 Crore onwards for 4 BHK apartments, aligning with market trends.
Legal and Compliance
- Land Acquisition and Ownership: The land is free from legal disputes and jointly owned by Prestige Constructions and Vaishnaoi Group.
- Compliance with Local Laws: Approved by the Hyderabad Metropolitan Development Authority (HMDA) and compliant with RERA guidelines (RERA ID: P02400006240).
- Licenses and Permits: All required construction and environmental permits are secured.
- Risk Management Plan: Includes provisions for cost overruns and construction delays.
Construction and Project Execution
- Timeline for Construction Phases:
- Pre-construction: Completed by 2023.
- Construction Phase: 2024-2028.
- Possession: May 2028.
- Contractors and Vendors: Renowned contractors with expertise in high-rise construction.
- Quality Assurance: Strict adherence to quality standards and frequent inspections during construction.
- Contingency Plans: Backup plans for supply chain delays and workforce challenges.
Timeline and Milestones
- Pre-construction Phase: Land acquisition and approval in 2023.
- Construction Phase: Foundation and structural work scheduled for 2024-2026.
- Handover: Post-construction activities and final handover expected by mid-2028.
Sustainability and Community Impact
- Green Building Certifications: Targeting certifications for energy efficiency and sustainable design.
- Community Development: Enhances local infrastructure and provides employment opportunities during construction.
- Maintenance Plans: Dedicated property management team for long-term upkeep of the project.
Appendices
- Maps and Blueprints: Detailed master plan showing the location, amenities, and floor plans.
- Cost Breakdown: Comprehensive cost estimates available upon request.
- Team Profiles: Architects and consultants with extensive experience in luxury residential projects.
Conclusion
Prestige Vaishnaoi Rainbow Waters redefines luxury living in Hyderabad with its strategic location, unmatched amenities, and thoughtfully designed homes. This project is an excellent investment opportunity for individuals seeking an upscale, tranquil lifestyle with proximity to the city’s IT and business hubs.
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About Prestige Constructions
The journey of the Prestige Group traces back to 1956 when Mr. Razack Sattar had a vision for a successful venture in the retail business. In 1986, Prestige Estates and Properties was founded, and it swiftly rose to become the leading property developer in Bangalore.
One of their notable developments, Prestige Court on K.H. Road in Bangalore, set the pace. With over 190 projects spanning 38.5 million square feet of developable space, Prestige constructions now provide homes for a significant population in South India.
Prestige is also the choice of many major multinational companies, with plans for residential, commercial, retail, and hospitality developments covering an impressive 61.4 million square feet.
In addition to their real estate endeavors, Prestige has made a name for itself in the retail sector, offering multiplexes and malls. Explore other projects by the Prestige Group, such as Prestige Fountain Bleau, Prestige Dolce Vita, and Prestige Falcon City.
Renowned completed projects by Prestige Group:
- Prestige Kensington Jalahalli
- Prestige Wellington
- Prestige Rainforest
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