Best Luxury and Budget Family Hotel, Top Boutique Hotels near Fateh Sagar Lake Udaipur, BEST HOTEL IN UDAIPUR - Among the best Hotels in Udaipur near Lake Fateh Sagar, Panna Vilas Palace is a luxury boutique hotels in Udaipur city, Rajasthan offering budget hotel at affordable prices. With the beautiful lake facing hotels rooms, our family hotels also features rooftop restaurant with lake view.