Advantages: Friendly people, Light on pocket. Perhaps setting up an IT shop Disadvantages: Traffic
...star and budget. I will recommend TajKrishna which is considered luxury hotel of the city, then you have Taj Banjara, ITC Kakatiya Sheraton, Hotel Manohar to name a few. Almost all the world cuisine is available in the city ranging from Chinese, Mexican, Mediterranean and Far East. However the local speciality is Biryani. Hyderabad city has given the world a dish called Biryani which has become widely popular around the world. Biryani is boiled rice with lamb or chicken with lots of herbs and spices. If you are the kind would who like to explore world cuisine then you must savor it. I am sure you will not forget it, its my experience. Nightlife - Hyderabad is opening up to night life of late. Though the city is considered conservative but the young generation is increasingly pubbing. Almost all the star hotels have a pub or a bar attached...
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Advantages: exudes a rich heritage culture, yet is modern! (aka Hi-tech city -due to software programmers) best IT recruitment, food, pleasant evenings outdoors, shopping, people! Disadvantages: getting there..? maybe dusty for some, not the usual touristy place..?
...of the Palace is considered to be unique in the world.
And for all those wining and dining guests from all over the world the palace has as many as 220 lavishly decorated rooms and 22 spacious halls. The palace has some of the finest treasures collected by the Nizam. Prior permission is required to visit this palace.
The Taj Group of Hotels has taken a 30+ year lease agreement to develop and manage the Nizam's Falaknuma Palace as a heritage resort. I really do not think this place should be made into money-making property for the global consumerist hotel chains of India. What is required is a national heritage trust to preserve and educate the visitors that come to find out about Hyderabad’s glorious past.
Another historical treat is the SalarJung museum (found in the old part of the city) which contains some rare Indian paintings...
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Advantages: The Only Club in Hyderabad, relaxed atmosphere, rural setting with no-congestion on route, and no mosquitos! Disadvantages: a bit far out of the city to get to, no buses, taxi's at night