Bifurcation of Andhra Pradesh with Hyderabad as a "Union Territory and also capital of the two regions" a conceivable idea?

It seems from what all the options pointed in SK report, this one is not only something which is acceptable as Hyderabad is not just given off to Nation but still stands as a capital of both regions. From the model of Chandigarh, this is something which can actually be tried as a permanent solution. Although the demand for separate Telangana is justified, looking at the purely political interventions into the issue, a clear solution could be articulated only with a proposal which has no bias for any of the regions. Also Hyderabad is increasingly being a point of national interest owing not only to its development but also to the historic significance it has ties with. One should understand that with this Hyderabad would "still be a part" of Telangana but also enjoys the distinction of being a "square capital" and also a "strategic point of nation".