Reddy was born in Hyderabad to Marri Laxman Reddy and Arundathi Reddy. He married Mamatha Reddy and they have a son and a daughter. He passed intermediate from Wesley Junior College in 1989.[3] He is the son in law of BRS MLA and minister Ch. Malla Reddy.[4]
In August 2024, Telangana revenue department served demolition notices to two of the institutions owned by Reddy, for allegedly building on lake beds, following a High Court directive to conduct an anti encroachment drive.[9] The two institutions are the Marri Laxman Reddy Institute of Technology and the Institute of Aeronautical Engineering which are built on Chinna Damera Cheruvu lake bed in Dundigul district.[9] Earlier in December 2023 after the assembly election, his phone number was allegedly spoofed and BRS leaders reportedly received threatening calls from that number according to a police complaint made to Rachakonda Police Commissioner DS Chauhan.[10]