Founded in 1591,the city of Hyderabad has now grown well beyond the confines of the original walled city, to include a new town north of the Musi river, the military cantonement at Secunderabad, and a burgeoning high-tech estate nicknamed Cyberabad.
This richest princely state of India, was ruled by the Qutb Shahis in the 16th and 17th century, who ruled from the nearby fortress city of Golconda. History of Hyderabad is known for its Nizams, who belonged to the Asaf Jahi dynasty, founded in 1724 by Nizam-ul-Mulk. The Nizams' fabulous wealth derived largely from their diamond mines. near Golconda.
There are interesting tales about the extravagance and eccentricities of the Nizams. However, tales also tell that the seventh Nizam, Osman Ali Khan was the richest man in India, but was a notorious miser as compared to his ancestors. His palace has 11000 servants. 38 dusted the chandeliers, while the rest grinded spices. He used egg sized diamonds as paper weights. The Nizam denied to join the Indian union after Independence. Meanwhile riots broke out and Indian
Army had to take the command to restore the peace which cause the merge of state in Indian Union.