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Houses for sale in New Malakpet
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Independent house for sale in New malakpet
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Malakpet is one of Hyderabad’s oldest areas, while the newer and expanded section is known as New Malakpet. It falls under Hyderabad South East division. New Malakpet is an excellent locality with good connectivity to hospitals, educational institutions, shopping malls, and food courts within a walkable distance, offering a convenient place to live. This area also has a Railway station, so rest assured if you are a frequent traveler. Bus transportation facilities here also have good connectivity to major centers of the City, and all the buses passing through Dilsukhnagar and Midhani bus depots pass through New Malakpet.
A large portion of houses in New Malakpet are aesthetically pleasing. This locality offers homes at more budget-friendly rates compared to other parts of the city, providing an affordable housing option for residents.
Cost of houses in New Malakpet
| House Type | Average price criteria |
|---|---|
|
4 BHK |
₹ 2 Crore – ₹ 5 Crore |
|
5 BHK |
₹ 7 Crore – ₹ 14 Crore |
Advantages of buying a house in New Malakpet
- New Malakpet is located in a prime location where Schools, shopping malls, food stalls, restaurants, and banks are available within walkable distance.
- This location is just 3.6km away from Malakpet Railway station offering convenient and time-saving transportation facilities to frequent travellers.
- Yashoda Hospitals, Susrutha Hospital, and Care Hospitals are some of the renowned Healthcare institutions nearby.
- Malakpet enjoys seamless connectivity to the metro station, providing a hassle-free transportation option for swift access to your desired destinations.
- It is among the most affordable areas in Hyderabad to own a house and boasts significant property value.
- The South-Central Railway zone, the Rajiv Gandhi International Airport in Shamshabad, and the highways NH-44, NH-65, NH-163, and NH-765 provide excellent connections to this suburban area across the country.
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FAQ
Certainly! New Malakpet is one of the growing areas of Hyderabad in real estate aspects as this location is close to all the institutions.
The average price range of houses in New Malakpet ranges between ₹12,000 per sqft to ₹25,000.
New Malakpet falls under the Charminar Zone of the Greater Hyderabad Municipal Corporation.
Malakpet is further divided into two parts, Old Malakpet, and New Malakpet, and is traditionally considered part of the old city.