The correct North to South sequence is Bhopal (23.25°N) - Nagpur (21.15°N) - Hyderabad (17.38°N) - Panaji (15.49°N). This ordering matches decreasing latitudes, with Bhopal being the northernmost city in Madhya Pradesh, followed by Nagpur in central India, then Hyderabad in Telangana, and finally Panaji (Goa) closest to the coast and southernmost among these cities.