This is a semi residential area which is near by R.T.C complex. Most of the residents here are employees. The area is named under the name of 50 buildings which were situated in this area. Famous educational institutions include Sri Chaitanya educational Institute and Deepthi Institute of hotel management. There are small roads and streets leading to different parts of the colony. The region is provided with some of the noted hotels like Vinayaka café and Kokila restaurant. Venus travels is the one of the famous travel agencies located in this township.
This area comes under ward number no 6 and the corporator for this area is Smt Chitneedi Satyavathi (Ex-Corporator).The typical land rates ranges from 30,000 per square yard.
Pincode - 533003