Should I relocate from Bangalore to Hyderabad for a salary increase of 40000per month post tax

Hi folks. I got a job offer from a company that wants me to relocate to Hyderabad. I am from Chhattisgarh and moved to Bangalore for job 2years back. I live with my parents, wife, and a 7month old daughter. I have bought a house in Bangalore as well. I need advice that should I relocate to Hyderabad for this new role. The per month salary increase is around Rs. 40-45000 post tax.