Prestige Bellagio: Lakefront Villas on Mulagund Lake, Rajendra Nagar
4 & 5 BHK Villas · Price on Request
Prestige Bellagio is the villa component of The Prestige City Hyderabad, a 64-acre lakefront township that Prestige Group has master-planned in Rajendra Nagar, Budvel. Set apart from the township's apartment towers, Bellagio occupies roughly 24 acres along Mulagund Lake, laid out as a single-phase enclave of 119 villas built to a ground-plus-two format.
The promise here is space rather than scale: broad plots, private gardens, and sun decks oriented toward the lake and the green belt formed by the neighbouring agricultural university campus. Internal streets are tree-canopied and largely free of through-traffic, and a dedicated Villa Club anchors the enclave's recreational life away from the busier apartment-side clubhouses of the wider township.
Hafeez Contractor led the master planning and architecture for The Prestige City, and that same design language carries into Bellagio's villa rows, with contemporary massing, stone cladding, and floor-to-ceiling glazing framing the lake views. Homes are planned to Vaastu principles, with wooden flooring in living areas, vitrified tiling in bathrooms, and premium fittings carried through as standard.
South Hyderabad's Rajendra Nagar corridor has been steadily reshaped by its proximity to Rajiv Gandhi International Airport and by the NH 44-PVNR Expressway link toward the Outer Ring Road, drawing sustained interest from buyers seeking villa-scale living within commuting distance of the city's IT corridor. Bellagio's position inside an established 64-acre township adds the further advantage of planned retail, a mall component, and shared civic infrastructure arriving alongside the residences.
For those seeking an independent villa footprint without leaving the ambit of a large, professionally managed township, Prestige Bellagio's lakeside setting in Rajendra Nagar offers that combination.
| Configuration | Size | Starting Price |
|---|---|---|
| 4 & 5 BHK Villas G+2 lakefront villas with private gardens across multiple floor plan options | 5767–18049 sq.ft. | On request |




Detailed master plan and unit-wise floor plans available on request.
Rajendra Nagar Mandal, Near Mulagund Lake, Hyderabad, Telangana 500052 · Budvel · Hyderabad
Prestige Bellagio occupies a 24-acre pocket within The Prestige City, a 64-acre township that Prestige Group has developed in Rajendra Nagar Mandal, Budvel, in South Hyderabad. The villa enclave is set along the edge of Mulagund Lake, one of South Hyderabad's larger water bodies, with the greenery of the Acharya N G Ranga Agricultural University campus bordering the site. The immediate neighbourhood retains the open, low-rise character typical of Rajendra Nagar, even as the corridor along NH 44 and the PVNR Expressway has drawn steady residential activity toward Shamshabad and Budvel.
The address places residents close to Budvel Railway Station and within reach of Rajiv Gandhi International Airport, making the location practical for frequent flyers and for families anchored to South Hyderabad's institutional and healthcare cluster. The same NH 44 and PVNR Expressway link onward to the Outer Ring Road, connecting the villa enclave to the Gachibowli-HITEC City office belt without routing through the older city core. Within this setting, Prestige Bellagio is positioned as a low-density, garden-villa counterpoint to the high-rise apartment towers that make up the rest of The Prestige City township.
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The PV Narasimha Rao Expressway runs close to the Rajendra Nagar corridor, giving Bellagio residents a fast, signal-free link toward the city centre and the Outer Ring Road.
Hyderabad's Outer Ring Road connects Rajendra Nagar to the Financial District, Gachibowli, and HITEC City, tying the villa enclave into the city's principal employment corridors.
A planned metro corridor is proposed to link Rajiv Gandhi International Airport with Raidurg, extending organised mass transit toward the airport-facing side of South Hyderabad.
Budvel Railway Station sits within a short drive of the township, offering suburban rail connectivity into central Hyderabad without dependence on road traffic alone.
Continued expansion at Hyderabad's international airport, a short drive from Rajendra Nagar, reinforces the area's standing as a preferred residential corridor for frequent travellers.
Prestige Bellagio's villas sit directly along Mulagund Lake, giving residents water-facing views and a promenade setting uncommon among gated villa developments in South Hyderabad.
Bellagio is integrated within The Prestige City, a 64-acre master-planned township, giving villa owners access to shared civic infrastructure, retail, and planned mall space beyond the enclave itself.
The township, including the Bellagio villa layout, has been master-planned by architect Hafeez Contractor, bringing a consistent design language across streets, clubhouses, and individual homes.
With only 119 villas across 24 acres, Bellagio is planned at a ground-plus-two scale, prioritising private gardens, setbacks, and reduced density over tower-style vertical living.
Direct access to NH 44 and the PVNR Expressway keeps Rajiv Gandhi International Airport and the Outer Ring Road within easy reach, useful for residents who travel frequently or commute to the IT corridor.
Prestige Group has been developing residential, commercial, and retail projects across South India since 1986, bringing that operating history to a large-format township launch in Hyderabad.
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