The Prestige Place Budvel

The Prestige Place Budvel Overview

The Prestige Place Budvel is Prestige Group's next project in Budvel, Hyderabad: a mixed-use development planned on 13.65 acres (5.52 hectares) at Plots 9 and 10 of HMDA's Budvel Layout in Rajendranagar. Six towers share the land. Four residential towers of four basements, ground and 27 floors hold 566 homes; an office tower rises to ground plus 25 floors; and a hotel tower of ground plus 27 floors holds 230 rooms. Space for residents' amenities and retail completes the plan, and four basement levels of parking run beneath it all.

For buyers comparing new projects in Budvel, Hyderabad, its defining feature is that mix of uses on one site. Homes take the largest share of the built-up area, but they share the address with a place of work, a place to stay and a place to shop, close to the Outer Ring Road's Rajendranagar interchange (Exit 17). The current plans date from August 2026 and may change with approvals.

The built-up areas include walls, common floors and, for the total, the four basements, so neither can be turned into a home size; the unit mix and carpet areas will be fixed in the TG-RERA registration.

The Prestige Place Budvel takes its name from Prestige's own: Prestige calls the project The Prestige Place, and the project was earlier called Prestige Imperial Park. This site adds Budvel, the name of the HMDA layout the land belongs to, so the name always carries its address.

The spellings used throughout this site are Budvel, for the layout and the locality, and Rajendranagar, for the wider area within GHMC limits. Whatever name a listing or an advertisement uses, the land is the same: Plots 9 and 10 of HMDA's Budvel Layout. The TG-RERA registration, once issued, will record the project's registered name, and that is the name to see on every document you sign.

The Prestige Place Budvel is planned as more than a residential address, and Prestige's own description of it says as much. In July 2026, Prestige's Chairman, Irfan Razack, described The Prestige Place as "a luxury product", bringing together "a hotel", offices, "luxury premium retail" and branded residences. Prestige also said in July 2026 that it had done "a slight redesign" that "uplifted the product".

What the vision will mean in practice, from the amenity list to the terms of the branded residences, will be set out at launch.

The Prestige Place Budvel is being developed through Prestige Projects Private Limited, a Prestige Group company, which holds the project's environmental terms of reference. The same company is developing Prestige Spring Heights on Plot 5 of the same layout, the project's immediate neighbour to the north: 1,656 homes on 10.59 acres, under construction and registered with TG-RERA as P02400009416.

Prestige's other upcoming Hyderabad project is Prestige Rock Cliff, a smaller luxury address on Road No. 7, Banjara Hills.

Key facts

Project facts from the source records. Check current availability and pricing with the developer.

The Prestige Place Budvel Master Plan

The Prestige Place Budvel is planned as a mixed-use, high-rise address on 13.65 acres (5.52 hectares) at Plots 9 and 10 of HMDA's Budvel Layout in Rajendranagar, Hyderabad. Six towers share the site: four residential towers holding 566 homes, an office tower and a hotel tower with 230 rooms, with space for residents' amenities and retail and four basement levels of parking below. The tallest towers rise to 28 levels above ground (ground plus 27 floors), and the total built-up area is about 6.2 million sq ft (577,061 sq m), including the basements.

These are the current plans, dated August 2026, and they may change with approvals. The sanctioned layout will come with the project's TG-RERA registration.

Homes take four of the six towers, each of four basements, ground and 27 floors, and together they hold all 566 homes. The office tower rises to ground plus 25 floors, and the hotel tower to ground plus 27 floors, with 230 rooms.

The residential towers carry about 2.1 million sq ft (196,833 sq m) of built-up area between them.

Homes, offices and the hotel each have their own towers, and every tower stands on four basement levels. Where the residents' amenities and the retail sit within the plan will be shown on the sanctioned master plan.

The Prestige Place Budvel's planned built-up area of about 6.2 million sq ft splits across seven uses. Homes are the largest single component, at about a third of the total, and the four basements of parking come close behind.

The seven components add up to the 577,061 sq m total exactly. Shares are rounded to one decimal place, so they add to 100.1%; lakh sq ft figures are conversions at 10.7639 sq ft to the sq m.

The retail component also has a name. Prestige lists Forum @ The Prestige Place among its upcoming Hyderabad retail projects (June 2026 quarter); Forum is the name Prestige gives its shopping centres. Its tenants and opening timing have not been announced.

Every tower at The Prestige Place Budvel stands on four basement levels planned for parking. Water is planned by bulk supply from HMWSSB, an on-site sewage treatment plant is planned to treat the project's sewage for reuse, and building services take about 1.1 lakh sq ft (10,682 sq m) of the planned built-up area.

Parking allotment per home, visitor parking and how residents' parking is kept apart from office, hotel and retail parking are not yet announced.

For another large Prestige layout, the master plan of Prestige Southern Star in Bengaluru arranges 2,130 Phase I homes in 14 towers.

The Prestige Place Budvel Amenities

The Prestige Place Budvel's amenities start with what stands beside the homes. On its 13.65 acres in Rajendranagar, Hyderabad, the 566 homes in four residential towers share the land with an office tower, a hotel tower with 230 rooms and retail, and the plans set aside space for residents' amenities of their own. For residents, that puts shops, a workplace and rooms for visiting guests inside the same address.

Living at a mixed-use address also means sharing it. Offices, a hotel and retail draw visitors as well as residents, so how the homes, their amenities and their entrances are kept for residents matters as much as the facilities themselves.

The Prestige Place Budvel's current plans set aside about 2 lakh sq ft (18,366 sq m) of built-up area for residents' amenities. That space is planned as its own component, separate from the retail, office and hotel areas, so the homes have room of their own on a site they share with commercial uses.

What fills that space is still to be published: the list of facilities, their sizes and their positions on the site. Until then, treat any facility list you are shown for this project as unconfirmed, and judge it against the registered plans when they are issued.

Branded residences are part of how Prestige's Chairman described The Prestige Place in July 2026, alongside the hotel, the offices and the retail. Elsewhere, the term is used for homes sold under the name of a hotel or lifestyle brand, with the terms set out in the sale documents.

Prestige has not yet published the branded-residence terms for The Prestige Place Budvel: which homes would carry the branding, what it would include and what it would cost.

Retail is part of The Prestige Place Budvel's plan, and Prestige has given it a name: it lists Forum @ The Prestige Place among its upcoming Hyderabad retail projects (June 2026 quarter). Forum is Prestige's own retail brand, the name it gives its shopping centres.

For residents, retail on the same land puts shopping close to home. Prestige has not announced the retail's tenants or when it would open, so ask whether the retail is delivered with the homes or later, and how shoppers' access and parking are kept apart from the residents'.

The Prestige Place Budvel's everyday services are planned into the site, with parking in the four basement levels that every tower stands on. Municipal water in this area comes from HMWSSB, and the project plans a bulk HMWSSB supply and an on-site sewage treatment plant.

The Prestige Place Budvel Reviews

The Prestige Place Budvel is planned as a mixed-use, high-rise address in Rajendranagar, Hyderabad, from a listed developer that is already building on the same layout. Five strengths can be judged before the launch, each on facts that exist today.

The 566 homes share 13.65 acres with an office tower, a hotel tower with 230 rooms and retail that Prestige has named Forum @ The Prestige Place. Space for residents' amenities is planned as its own component, and Prestige's Chairman has described branded residences as part of the project. Shops, offices and a hotel share the land with the homes, rather than sitting a drive away.

The four residential towers are each planned with four basements, ground and 27 floors, so the tallest towers rise to 28 levels above ground, with parking kept to the four basement levels below. The current plans date from August 2026 and may change with approvals.

Prestige Spring Heights, 1,656 homes on 10.59 acres on Plot 5 of the same layout, is under construction as The Prestige Place Budvel's immediate neighbour to the north, registered with TG-RERA as P02400009416. A buyer can watch Prestige build on this layout before committing here.

The site sits close to the Outer Ring Road's Rajendranagar interchange (Exit 17). Rajiv Gandhi International Airport's passenger terminal is about 20 km by road via the ORR, Kokapet about 14 km and the Financial District about 16 km, and a planned 45 m layout road towards the ORR service road should shorten ORR-bound trips once it opens.

The neighbours are campuses rather than commercial strips: NIRD&PR about 3 km by road, the veterinary university about 4 km, the agricultural university about 6 km and the Police Academy about 8 km. Across the ORR lie Himayat Sagar and the Kothwalguda Eco Park.

The Prestige Place Budvel's strengths come with trade-offs that are visible today, and each one can be tested against how you would actually live there.

Price growth and rental income are not forecast on this site. Judge the address on the commute, the setting and the documents, which can be checked, rather than on projections, which cannot.

The Prestige Place Budvel is not Prestige's first project in Budvel, and the closest evidence of how Prestige works here is the project next door. Prestige Spring Heights is being developed by the same Prestige Group company on the same layout, and its TG-RERA record carries its own completion date, so a buyer can follow its progress against a registered commitment.

Like this project, Prestige Grove Hills in Bengaluru has not yet launched, and the same pre-launch checks apply.