Price of Apartment in Rajendranagar 2026

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Price of Apartment in Rajendranagar 2026 sits between ₹8,650 and ₹9,300 per square foot, backed by 203 active projects and a steady 14.21% rise over the last 12 months. Most standard 2 BHK and 3 BHK flats cost from ₹1.18 Crore to ₹3.05 Crore, depending on the builder and the floor. This part of South Hyderabad is growing fast because it sits right next to the PVNR Expressway and the Outer Ring Road (ORR).

Today, 3 BHK homes make up 62% of all flats for sale, while small 2 BHK flats take up only 11% of the open stock. Right now, there are 400 under-construction buildings and 134 ready-to-move projects in the area. Many people who work near the airport or in tech hubs are buying homes here because prices are still lower than in Gachibowli.

Current Flat Rates and Locality Trends in Rajendranagar


Flats in Rajendranagar start at ₹6,575 per square foot for ready-to-move properties and go up to ₹11,200 per square foot for luxury gated towers. Over the last five years, home prices here have gone up by 46.6%, and 10-year growth stands at 96.6%. Prices change across different pockets based on how close they are to main roads:

  • Central Zone: Costs around ₹11,200 per square foot because it has shops, schools, and quick highway entry points.
  • West Zone: Averages ₹9,700 per square foot and attracts office workers from nearby tech hubs.
  • North Zone: Sits at ₹8,850 per square foot with plenty of family housing.
  • South and Budvel Zone: Costs between ₹6,800 and ₹7,850 per square foot, offering good deals for long-term buyers.

Big Infrastructure Projects Around Rajendranagar


The Telangana Government is building a 350-acre IT park that runs from Budwel to Kismatpur, bringing thousands of new jobs to the area. The Rajiv Gandhi International Airport is just a 20-minute drive away down the Outer Ring Road. Big schools and colleges, like the PJTSAU campus, give the area open green space and good civic services. Commuters can also reach Gachibowli in 12 km, the Financial District in 15 km, and HITEC City in 18 km.

Apartment Project on Budvel Road: The Prestige Place Hyderabad


The Prestige Place Hyderabad is a new 10-acre luxury project on Budvel Road, offering 1,050 high-rise flats in 3 towers (G+32 floors) with prices starting at ₹1.40 Crore. Built by Prestige Estates Projects Ltd, the project includes a 500,000 sq. ft. business tech park, a 350-room 5-star hotel, and 80% open green space. It has HMDA layout approval, its Telangana RERA registration is currently applied for, the official launch is set for December 2026, and targeted possession is 31 December 2031 with a 60-month build plan.

Apartment Sizes, Unit Counts, and Prices


The project sits 2.5 km from the planned Budvel Metro Station and right next to Prestige Spring Heights. Buyers can use a 10-step payment plan: pay 10% on booking, 10% when signing the sale agreement, and 80% split evenly across major build stages.

  • 2 BHK Flats (210 Units): Sizes run from 1,200 to 1,450 sq. ft., costing ₹1.40 Crore to ₹1.65 Crore.
  • 3 BHK Flats (525 Units): Sizes run from 1,600 to 2,100 sq. ft., costing ₹1.75 Crore to ₹2.75 Crore.
  • 4 BHK Flats (315 Units): Sizes run from 2,350 to 3,000 sq. ft., costing ₹2.85 Crore to ₹3.50 Crore.
  • Monthly Maintenance: Expected to be ₹5 to ₹6 per sq. ft., with a 24-month advance deposit due before key handover.

Is Buying a Flat in Rajendranagar a Smart Investment in 2026?


Rental yields in Rajendranagar stay healthy at 3.0% per year, while raw land values have jumped 115.3% over the past five years. Standard 2 BHK flats rent out for ₹22,000 to ₹30,000 each month, and larger 3 BHK and 4 BHK gated flats fetch ₹42,000 to ₹75,000 per month. Since prices here are still reasonable compared to Kokapet, buying early gives you strong equity growth as the buildings get finished.

FAQs


1. What is the average price of an apartment in Rajendranagar in 2026?

The average price of an apartment in Rajendranagar ranges from ₹8,650 to ₹9,300 per square foot, with older ready homes starting at ₹6,575 and new luxury towers reaching ₹11,200.

2. When is the launch and possession date for The Prestige Place Hyderabad?

The Prestige Place Hyderabad has its official launch in December 2026, and the official possession date is set for 31 December 2031 on a 60-month schedule.

3. What is the RERA status of The Prestige Place Hyderabad?

The project holds an approved HMDA layout, and its official Telangana RERA (TS RERA) number is currently applied for and pending final issue.

4. What flat sizes are available in The Prestige Place Hyderabad?

The project has 1,050 homes across three 32-story towers: 210 units of 2 BHK (1,200–1,450 sq. ft.), 525 units of 3 BHK (1,600–2,100 sq. ft.), and 315 units of 4 BHK (2,350–3,000 sq. ft.).

5. How easy is the daily commute from Rajendranagar?

Commutes are fast via the ORR and PVNR Expressway, taking 12 km to Gachibowli, 15 km to the Financial District, 18 km to HITEC City, and under 20 minutes to the airport.

The Prestige Place Hyderabad Blog


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