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Malakpet is an established residential and commercial locality in East Hyderabad, bordered by Saidabad, Chaderghat, and Dilsukhnagar. The pin code of Malakpet is 500036. This traditional neighborhood houses government employees and traders, featuring the historic Hyderabad Race Club and Mahbub Mansion. Families here send children to Nawab Shah Alam Khan College and visit Yashoda Hospitals for medical needs. Malakpet Metro Station on the Red Line is located directly within the locality. NH 65 links the area to Kacheguda Railway Station, which is a ten-minute drive away. Property rates in 2026 range from Rs. 6,000 to Rs. 8,000 per sq ft for apartments, driven by the upcoming ITEK Nucleus IT Park.

What's Good in Malakpet

• Malakpet Metro Station on the Red Line provides quick transit across Hyderabad.
• Yashoda Hospitals on the main road offers reliable emergency healthcare services.
• The historic Malakpet Gunj market supplies fresh wholesale groceries daily to residents.
• Nawab Shah Alam Khan College provides quality higher education options close to home.
• NH 65 allows direct road access to neighboring commercial hubs like Dilsukhnagar.

As of August 22, 2026, the property rate in Malakpet ranges between Rs. 6,000 to Rs. 8,000 per square foot for apartments.

*The property rate is subject to change.

Why Should One Buy Property in Malakpet hyderabad

• The upcoming ITEK Nucleus IT Park will likely drive future capital appreciation.
• Steady rental demand near Malakpet Metro Station provides consistent monthly yields for buyers.
• Lower entry prices compared to western Hyderabad make it an affordable investment option.
• The redevelopment of Malakpet Railway Station will boost local property values significantly.
• Direct access to NH 65 attracts commercial buyers seeking high-visibility retail spaces.

As of August 22, 2026, the rental cost in Malakpet is between Rs. 10,000 and Rs. 25,000 monthly for 1 to 3 BHK apartments.

*The rental rate is subject to change.

Why Should One Rent a House in Malakpet hyderabad

• Affordable rental options near Nawab Shah Alam Khan College benefit local college students.
• Quick access to Malakpet Metro Station reduces daily travel expenses for office goers.
• Living near Yashoda Hospitals provides peace of mind for families with elderly members.
• Living near Malakpet Gunj market ensures easy access to affordable daily household goods.
• Lower security deposits compared to Gachibowli make renting here highly budget friendly.

Malakpet property market shows contrasting trends for buyers and tenants. The residential sales sector experienced a price depreciation of 6.7% over the past year, bringing average apartment buying rates to a range of Rs. 6,000 to Rs. 8,000 per sq ft. Conversely, the rental market remains strong with a steady appreciation of 7.1% annually. Monthly rental values for typical apartments now range between Rs. 10,000 and Rs. 25,000. This rental growth is supported by steady demand from professionals working in nearby commercial zones and students attending local colleges. (* As of August 22, 2026)

Here are some of the important landmarks holding historical and cultural importance:

• Hyderabad Race Club: This historic horse racing facility hosts major seasonal racing events. Visitors can watch live races and enjoy the expansive green grounds during race days.
• Mahbub Mansion: This nineteenth-century palace built by Nizam VI showcases classic European architectural styles. Though partially in ruins, history enthusiasts visit to photograph its grand arches.
• Malakpet Gunj: This is one of the oldest wholesale grain markets in Hyderabad. Visitors can experience the traditional trading culture and purchase bulk spices and grains.
• Palace Heights Restaurant: Located nearby, this classic dining spot offers panoramic views of the old city skyline. It is famous for serving authentic Hyderabadi biryani and traditional Mughlai dishes.
• Raymond's Tomb: Situated a short distance away in Asman Garh, this historical obelisk honors a French general. The hilltop site offers a peaceful atmosphere and scenic views of the surrounding area.

Hyderabad Race Club is a prominent landmark in Malakpet. Some more include:

• Mahbub Mansion
• Government Printing Press
• Malakpet Gunj
• Yashoda Hospitals
• Nawab Shah Alam Khan College
• Malakpet Metro Station

Road Connectivity

Malakpet is well-connected through NH 65 and the following roads:

• Nalgonda Cross Road
• Chaderghat Road
• Saidabad Road
• Inner Ring Road

Public Transport

Malakpet Metro Station on the Red Line is the closest public transit option, located 0.5 km away. Some more include:

• MGBS Metro Station, Red Line, 2.5 km
• Chaderghat Bus Stop
• Malakpet Gunj Bus Stop

Proximity to Airport and Railway Station

The nearest railway station and airport are Malakpet Railway Station, which is located 0.2 km away, and others:

• Kacheguda Railway Station, 2.5 km
• Secunderabad Railway Station, 8 km
• Rajiv Gandhi International Airport, 22 km