Mallampet, Hyderabad

Mallampet is a developing residential locality situated in the northern part of Hyderabad district in Telangana. The Mallampet PIN code is 502325, Mallampet is well connected to other areas by the Nehru Outer Ring Road passing near it. Properties available in Mallampet provide easy access to local amenities as well as IT/industrial hubs in the surroundings. 

Mallampet Hyderabad has emerged as a desirable residential location for young working professionals and middle-income groups employed in the industrial and IT sectors. Its proximity to key hubs has attracted many nuclear families. People here enjoy a relaxed lifestyle away from the busy city, yet with good connectivity. Residents have access to schools, hospitals and other amenities in the vicinity. The culture is cosmopolitan with people from different parts of India harmoniously co-existing. Festivals like Diwali, Ganesh Chaturthi and Ramzan are celebrated here with zeal.

Physical Infrastructure of Mallampet

Mallampet has good physical infrastructure with multiple transportation options. The Nehru Outer Ring Road passes near Mallampet, providing smooth connectivity to key areas. NH65 is nearby. IDA Bollaram Road and Mallampet Road are the key routes in this area. Begumpet Airport is 24 km away. Miyapur metro station on the Red Line is 9 km away. Hi-Tech City train station is 14 km away. Check out the Mallampet map to know more. 

Social and Retail Infrastructure of Mallampet

Mallampet is well equipped with social infrastructure. There are reputed schools like Kidzee Preschool, and Oxford High School providing education. For higher education, Abhyaas Junior College, Vignana Jyothi Institute Of Management and Narayana IIT Girls Residential Junior College are situated in the vicinity. Medical needs of residents are fulfilled by hospitals like Relief Hospital and Mamata Academy of Medical Sciences Hospital located nearby. To meet daily needs and for retail therapy, Royal Plaza and INDIAN BAZAR have come up, housing major retail brands. The growing infrastructure has made Mallampet a promising location for living as well as investment.

Real Estate Market Trends and Rental Demand in Mallampet

The real estate market in Mallampet is booming due to its strategic location and infrastructure development. With more homeowners looking for quality properties, the Mallampet property rates for apartments have increased over the years. 3BHK properties are priced between Rs. 68 lacs to Rs. 1.60 cr while 2BHK apartments are available in the range of Rs. 49 lacs to Rs. 75 lacs. This upward trend in property rates is benefitting sellers. On the other hand, rental yields are also high with 3BHK flats renting from Rs. 30,000 to Rs. 50,000 per month and 2BHK from Rs. 15,000 to Rs. 28,000 monthly. Demand for rentals is high among IT professionals as well as nuclear families relocating for quality lifestyle. This works well for landlords.

Top Employment Hubs near Mallampet

Being in close proximity to major IT/industrial clusters, Mallampet has emerged as a preferred residential location for working professionals. Some of the top employment hubs near Mallampet include:

• VEM Technologies Private Limited, Bachupally - 5km
• Phoenix Trivium, Hafeezpet - 11km
• Pennar Industries Limited, Patancheru - 12km
• Ask Hub, Nizampet - 13km
• Bharat Heavy Electricals Limited - 14km

Famous Sub-Localities near Mallampet

Situated strategically, Mallampet is surrounded by many established residential sub-localities within a 10-12 km range. Some of the famous areas near Mallampet are:

• Gandigudem, Hyderabad
• Church Colony Mallampet, Hyderabad
• KBR Colony Bollaram, Hyderabad
• Khazipally, Hyderabad
• Ilapur, Hyderabad

Things to do in Mallampet

Situated in the outskirts of Hyderabad, Mallampet offers proximity to nature amidst urban amenities. Some of the top landmarks and things to do near Mallampet are:

• Sri Kotla Vijaybhaskar Reddy Botanical Garden spread over 25 acres, this beautiful garden has over 2000 plant species, fountains and walkways. It is a popular spot for walks, picnics and exercising.
• Sri Venugopala Swamy Temple is ornate temple with carved pillars and sculptures is an important place of worship. Large crowds visit during festivals.
• Novotel Complex Lake is a scenic lake plays host to various recreational activities. Boating and swimming are allowed at specific timings.
• Gachibowli Stadium is 38-acre multi-purpose facility sees many national and international sports events. Residents enjoy watching cricket, football and tennis matches here.
• Calvary Temple attracts thousands every Sunday. The architecture and ambience make for a memorable experience.

What's Good about Mallampet?

• Strategic location with multiple connectivity options
• Presence of social and retail infrastructure
• Upcoming of more employment hubs
• Surrounded by established localities and landmarks
• Appreciating real estate market

What's not Good about Mallampet?

• Scope for more green cover and open recreational spaces
• Public transport network needs strengthening
• Certain inner roads require expansion and maintenance
• Water logging during monsoons in few low-lying areas
• Supply of uninterrupted power and water needs bolstering