Neotech Maitri SPM Residency Malakpet, Hyderabad

Telangana Sanctions ₹11.86 Crore for Restoration of Eight Heritage Gateways in Old City

Telangana government has allocated ₹11.86 crore for the restoration of eight heritage gateways in Hyderabad's Old City. The project will be executed by the Quli Qutub Shah Urban Development Authority. This initiative aims to preserve the history and architectural beauty of these landmarks.

During Q2'2026, average property prices for Neotech Maitri SPM Residency moved from ₹ 4,500/sqft to ₹ 4,900/sqft, reflecting a 8.89% rise.

Musi River Rejuvenation Project Aims to Boost Hyderabad's Economy and Infrastructure

CM A. Revanth Reddy announced that the Musi River rejuvenation project will create employment opportunities and boost the city's night economy. The project is part of broader initiatives to strengthen Hyderabad's urban infrastructure while preserving its historic identity. Other initiatives include the development of Kotwal Guda Eco Park and the ongoing Hyderabad Metro Rail expansion.

Malakpet IT Tower Project to See Fresh Tenders for Expedited Execution

Telangana IT Minister DS Babu announced that fresh tenders will be floated soon for the Malakpet IT Tower Project to expedite its execution. This initiative is part of the state's vision for IT growth and aims to develop Hyderabad as a global destination, potentially boosting employment and economic activity in the IT sector.

During Q4'2025, average property prices for Neotech Maitri SPM Residency moved from ₹ 4,950/sqft to ₹ 5,050/sqft, reflecting a 2.02% rise.

Malakpet Railway Station Redevelopment Nears Completion with World-Class Amenities

The redevelopment of Malakpet railway station, a ₹26.5 crore project under the Amrit Bharat Station Scheme, is nearing completion. The project includes a 12-meter foot overbridge, lifts, escalators, dedicated toilets for persons with disabilities, and modernized facilities. The redevelopment aims to offer world-class amenities to passengers and ensure seamless movement between the Malakpet Metro Station and the railway station.