Manikonda is one of the commercial hubs of Hyderabad and also a residential suburb located in Telangana. The area has seen a massive growth in recent years due to the presence of various IT companies and software development agencies. The area is surrounded by various localities and IT hubs like Gachibowli, Hitech City, Kondapur, Jubilee Hills, Banjara Hills and Nanakram Guda.

Connectivity
Various railway stations, including the Hyderabad Deccan Railway Station, lies at a distance of 10 km from here and other stations like Borabanda Railway Station, Hitech City Railway Station, Bharath Nagar Railway Station and Khairatabad Deccan Railway Station lie in a radius of 9 km. The connectivity between neighbouring areas is through local buses which run between bus stations like Huda Colony Bus Station, Puppalaguda Bus Station, Neknampur Bus Station, Manikonda Quarters Bus Station, OU Colony Bus Station etc. Rajiv Gandhi International Airport lies at a distance of about 20 km from Manikonda.

Real Estate
The localities of Manikonda are posh and people working in the IT firms in Gachibowli and Hitech City are taking residential apartments and flats for rent and purchasing too. The infrastructure is developing day by day with various commercial buildings setting up here.

Social Infrastructure
With more and more IT professionals shifting in the area, Manikonda is seeing a massive improvement in the social infrastructure in the region. The area runs various schools like Mt. Litera Zee School, Lotus, Scholars, Lakshanika International School, Gautami Talent School, Bhavans Vivekanada Degree College, Vignan Junior College, Nava Chaitanya Junior College, Sri Venkateswara Degree College along with various famous schools nearby like Delhi Public School and Oakridge International School.
The area is continuously developing in terms of its social infrastructure. It has various hospitals in and around the area like the Apollo Hospital, Jubilee Hills Hospital, Sri Vision Super Speciality Eye Hospital along with various pharmacies.
Being a developing commercial hub, Manikonda has a lot of Banks in the area like Andhra Bank, HDFC Bank, ICICI Bank, Karur Vysya Bank, Indian Bank, Syndicate Bank, South Indian Bank, and State Bank of India etc.