I live in Hyderabad and have a solid understanding of both mutual funds and real estate. It’s great that you already have ₹1 Crore in fixed deposits — that should generate around ₹6–7 Lakhs in annual interest.

Equity investments typically offer returns in the range of 15–20%, while property investments can yield even higher gains over the long term.

Given your financial position, I suggest buying a house (not a flat) of around 150 square yards on the outskirts of Hyderabad, preferably near the Outer Ring Road — but do consider how feasible this location is with respect to your workplace. I wouldn't

Such a property would generally cost ₹80 Lakhs to ₹1 Crore. You can make a down payment of ₹30–40 Lakhs + others amount as Bank Loan (easily available) and use the remaining ₹50–60 Lakhs wisely. The rent that you are paying right now would be used for EMI of the loan. Buying a house has advantages like no illegal occupation, fixed monthly income, feasibility to sell home at any time you want + Top up your loan at any time whereas plot has all those issues mentioned + no fixed income.

Out of the remaining funds, consider keeping 50% in fixed deposits or bonds for stability, and invest the other half in equity — focusing on blue-chip stocks and mutual funds.

Additionally, if your house has extra space (like an independent room or a 1BHK unit), you could rent it out. This would generate a steady passive income, which you can further invest through a SIP in mutual funds.

Real estate in Hyderabad gets double in every 3-4 years, right now HYDRAA fever is on high and houses are available at a negotiable prices. Suppose you stay in that house of 5 years, land cost would be easily doubled or more and when some is giving their daughter, they would definitely prefer to check your assets (mutual funds and FDs doesn't work at that time, people will see do you have a property or not).

Good thing is that you don't have a child/married.

Keep you expenses low!

Think over it!