This will be the first election after surrounding municipalities were merged with Hyderabad to form Greater Hyderabad.
The court passed the orders on petitions challenging the manner in which divisions were reserved for backward classes.
The petitioners said there were several discrepancies in reservations and also in the voters' lists. They also challenged the delimitation of certain divisions.
The state government was likely to approach the Supreme Court to get the stay on elections vacated, according to officials.