Malakpet is one of the oldest areas in Hyderabad. The locality is named after Malik Yakoob, a servant of Abdulah Qutub Shah Golconda King. The region is divided into two parts; Old and New and comes under the Municipal Corporation.
Neighbouringareas include Abids, Amberpet, Himayath Nagar, Hyderguda, Kachiguda, Kavadiguda, Lakdikapul, Musheerabad, Nallakunt and Saroor Nagar.
Malakpet is well connected to other parts of the city via different means of transport. The Chandergaht Road and the Azamoura Bridge Road are the two major roads connecting Malakpet to other locations. The region is served by state-owned Andhra Pradesh State Road Transport Corporation (APSRTC) buses connecting all major parts of the city. The Yakutpura Railway Station is only 1.8 kilometers from Malakpet and the Rajiv Gandhi International Airport is located at a distance of 27.4 kilometers via the NH-7.
Malakpet houses many reputed educational institutions. These include St. Paul's School, Sanghi Public School, Harish Chandra Gyan Kumari Heda Model School, Government Girls High School, Shri Gujarati Vidya Mandir School, Osmania Medical College and Govt. College for Women.
Koti Hospital, Sri Balaji Surgicals, ENT Hospital, Government Maternity Hospital and Suraj Eye Clinic are some of the renowned hospitals in Malakpet that provide quality healthcare to residents.
Due to well-developed infrastructure and smooth connectivity, Malakpet has become a sought-after destination in Hyderabad. Vaishnavi Infracon, Sunshine Constructions, Infratech, Infrastructure, Prajay Engineers and Vinoothna Grand Projects are some of the renowned real estate developers who have their real estate projects in Malakpet. Some of the projects in Malakpet are Pitties Majesty by Vinoothna Grand Projects and Infracon Simha by Vaishnavi.