Which is a better option?

Depends on the course you wish to take.

Purely on reputation and alumni-base, NLS is a better option.

Besides, Banglore is a better place to be than Hyderabad by a very fine margin.

NLSIU is by far the best law school in India.

Akansha

Yes, I would agree, MBL from NLSIU is a shade better than others .. i'd been to the contact classes on 31- OCT 09 to 2 - Nov 09, its really good