Shaikpet, Hyderabad

Shaikpet is a residential locality located in the western part of Hyderabad city. Shaikpet pin code is 500008, Shaikpet is well connected and lies close to other popular localities like Al-Hamra Colony, OU Colony and Dream Valley. Home to many gated communities and apartments, Shaikpet provides decent housing options for IT professionals working in and around Hitec City. Its proximity to major roads and junctions make it a coveted location for homeowners. 

Shaikpet Hyderabad is primarily a residential area catering to upper middle class and affluent households. It is home to many working professionals from IT and Corporate sectors who prefer its peaceful environment and connectivity to Hitec City and other parts of the city. Life in Shaikpet is comfortable with amenities like supermarkets, healthcare facilities and restaurants within reach. Culturally, it reflects the diversity of Hyderabad with people from different parts of India co-existing in harmony. Residents enjoy a relaxed lifestyle while being close to the city's major offices, schools and social infrastructure.

Physical Infrastructure of Shaikpet

Shaikpet is well-connected via major roads and thoroughfares. NH65, Old Mumbai Highway and NH163 are nearby. Manikonda Road and Shaikpet Main Road are key routes in this area. Begumpet Airport is 14 km away. Hi-Tech City train station is 12 km away. Madhapur metro station on the Blue Line is 7 km away. Check out the Shaikpet map to know more. 

Social and Retail Infrastructure of Shaikpet

Shaikpet is well-equipped with social infrastructure to meet daily and specialised needs of residents. Reputed schooling options like Indian Public School, Kakatiya High School and Sreenidhi IIT & Olympiad School are present. Undergraduate education is supported by top colleges in the vicinity, including G. Narayanamma Institute of Technology and Science. Multi-specialty hospitals such as Apple Multi Speciality Hospital, Relief Hospital and Olive Hospitals provide advanced healthcare. For entertainment and shopping, residents can visit the bustling Rafeeq Plaza and Inorbit Mall. Major supermarkets and local retail stores take care of daily needs. The social ecosystem makes Shaikpet a self-sufficient neighbourhood.

Real Estate Market Trends and Rental Demand in Shaikpet

The real estate market in Shaikpet has been growing steadily over the past few years. Appreciating physical and social infrastructure have boosted Shaikpet property rates in the area. 3 BHK apartments now range between ₹85Lakhs-1Crore owing to strong demand from end users and investors alike. Landlords can fetch rents of ₹15,000-45,000 per month for similar sized units due to the steady influx of working professionals. Developers are launching new inventory to tap into the rising demand. Proximity to major IT hubs and quality of living have made Shaikpet an ideal location for both home buyers and tenants. Its strategic location and progress ensure rents and property prices will continue moving northwards.

Top Employment Hubs near Shaikpet

Shaikpet's proximity to major IT and commercial hubs makes it a preferred location for working professionals. Its connectivity to some of Hyderabad's biggest job centres has aided the area's growth over the years. Some of the top employment hubs near Shaikpet include:

• Coworking 24 - 7km
• The V An Ascendas It Park - 6.6km
• Spaces and More Business Park - 6.5km
• USM Business Systems - 7km
• Mindspace Madhapur - 6.3km

Famous Sub-Localities near Shaikpet

Lying in the western part of Hyderabad, Shaikpet has some popular residential sub-localities within its proximity. Some of the famous areas near Shaikpet are:

• Neknampur
• Rai Durg
• Manikonda
• Dollar Hills
• Hakimpet

Things to do in Shaikpet

Shaikpet, while being a residential area, has some noteworthy attractions within its vicinity that residents and visitors can explore. Some of the top landmarks and things to do near Shaikpet are:

• Residents can spend leisurely mornings walking along the scenic tracks around this 195-acre urban Saroornagar Lake, relaxing at its cafes or enjoying boating with friends and family.
• Residents can spend memorable weekends admiring the rare and magnificent artefacts within this spectacular three-century old Salar Jung Museum housing over 40,000 objects of art, porcelain and sculptures.
• Mahavir Harina Vanasthali National Park is spread over 625 hectares, the park offers residents opportunities to explore the varied flora and fauna of the deciduous forests while enjoying scenic landscapes of hills.
• Nizams Museum houses rare exhibits of the ancient and progressive lifestyles of Nizams through its treasure of 3,000 artefacts, the museum gives insights on the luxurious yet culturally rich dynastic era.
• Paigah Tombs is the 19th century architectural marvels comprising mausoleums and mosques allow pondering over the exquisite craftsmanship that reflected the legacies of the past ruling families.
• Charminar is the old-world charm, residents can spend weekends wandering amid the lively markets beneath the iconic four minarets structure in the bustling markets of old Hyderabad city.

What is Good about Shaikpet?

• Strategic location with proximity to major hubs
• Established social and physical infrastructure
• Appreciating property prices and good rental yields
• Peaceful neighbourhood with greenery
• Low crime rates and friendly community living

What is not Good about Shaikpet?

• Traffic congestion during peak hours needs addressing
• Limited open spaces and parks within the locality
• Scope for more retail and entertainment options
• Public transportation can be further strengthened
• Environmental issues like waste management to be looked into