Safety, friendliness, a booming future, a rich heritage and a richer cuisine - these don’t adequately describe Hyderabad, India’s top-ranked city for the third time according to the Mercer 2017 Quality of Living Index. Yet, these aspects make for the greatness of the City of Nizams. Ranked 144 on the list of most livable cities, Hyderabad has outstripped other Indian cities like Mumbai, Pune and Bengaluru yet again.
With its 400-year heritage of being a commercial capital, the city has established a rich culture. This is most likely due to the harmony and balance between the old and new parts of Hyderabad, coexisting and contributing to the complex character of the city. This preservation of its heritage is evident in the pristine conditions of the old streets, markets, palaces and monuments, which contributes to the significant tourism Hyderabad garners for Telangana.
In recent years, Hyderabad has unsurprisingly been rapidly catching up with major metro cities in India. This can be attributed to the great infrastructure, easy accessibility, advanced planning and meticulous law enforcement. Hence, the recent IT boom in Hyderabad has ensured that the capital city has a shining future ahead. With international companies like Bank of America, Accenture, Microsoft, Deloitte, Facebook, Motorola and Google establishing themselves here, the stage is set for Hyderabad to enter the global marketplace in a grand manner.
Even with the formation of Telangana in 2014, Hyderabad was negotiated to remain the capital of both Andhra Pradesh and Telangana for a period of ten years at least, due to its rich growth potential. For this potential, the cost of living is remarkably low, and accommodation is abundant. However, just as it is with any rapidly growing city, this may not last long, and the ROI on real estate in this city is already beginning its climb on an exponential rise in valuation.
But the greatest plus about Hyderabad is the fact that, despite its cosmopolitan ambitions and growth, the city extends a lovely ambience to visitors and residents alike. The warmth and the old world charm, conveyed in the characteristic Hyderabad lingo of a mix of Telugu, Hindi and Urdu, make for one of the happiest cities in the country. Consequently, crime rates are significantly lower than other metro cities, and this does not seem likely to change in the long run. In short, kudos to the centuries-old city for continuing to shine brightly in every way!