The Malakpet Road leading to the Malakpet Racecourse and to the south of it lies vestibule of Sarim Jang Bakshi along with a stable and regiment of Bodyguard are visible on the map. Malakpet was major suburbs during the Nizam period, but it was the peripheral village since the Qutb Shahi times. Qutb Shahi Sultan Abdullah Qutb Shah granted the village as Jagir to his servant Malik Yakoot who built a residence there, hence the area got named after him. If the area or locality is low-lying in nature, then the name ends with "Pet', so, Malakpet. Malakpet was famous for the Racecourse situated there at which indicates Hyderabad's racing tradition back to more than hundred years. From the Malakpet Road diverged Ranga Reddy Lane, and between both situates the vestibules of prominent people are also identifiable.
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