Well what’s so great about living in Hyderabad? Well if a recent
survey by a leading publication is to be believed, Hyderabad has the highest
quality of living among all cities in India. That is saying a lot considering
how many cities there are in India and how many of us live in a city which we
believe to be the best in the country.
Hyderabad it turns out is counted among the best for various
reasons all of which I won’t go into, but a particular reason is the large
number of high quality international schools in the city. Parents Real estate in India it seems can’t get
enough of great schools, whereas the previous generation was educated at
English medium schools the current generation of school children shall be the
products of international schools. The previous generation struggled hard
preparing during their high school years for various entrance exams, the new
generation it seems would prefer to gain admission directly to Oxford or
Stanford.
So what has changed? Many things it would seem, for one parents
have and are willing to spend much more money on their children’s education
than was possible in the past. Parents who have children in international high
schools have themselves traveled abroad frequently and may have realized that a
college degree from a Harvard or Stanford tops a degree even from an IIT and
are willing to spend more money to give their child and edge and the best
possible start in life.
Such upward mobility was unthinkable among previous generations,
in the past only those from the richest families ever had the opportunity to
travel abroad and very few ever went overseas for an undergraduate degree.
Today going abroad for a bachelor’s degree is quite common with many young
people from even middle class families opting for such degrees.
Many families who have children in international schools live in
Hyderabad, such families have the means to provide much more to than simply a
great education to their children. These families also live amongst arguably
the best property
in Hyderabad, what is new is not that such a trend exists but rather
the magnitude of the trend. There are now literally more numbers of such
households than there have ever been in the past, they expect only the best and
have the wherewithal to pay for the same.
The large number of such wealthy families who live in the city has
caused the price of apartments
in Hyderabad to
skyrocket over the past 10 years; the children from such families not only go
to the best schools but also live in the swankiest homes. Parents of such
families are eager to provide their children with all of the luxuries they were
themselves denied as children, in return for such luxury all that is expected
from their children is that they score well and gain admission into the best
colleges in the world.
The less wealthy would it seem have to reconcile to educate their
children at what are now gradually perceived to be the less prestigious Indian
schools and colleges.
