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ASBL Aims to Dispels Hyderabad Realty’s Muted Growth Narrative

Ajitesh Korupolu, Founder & CEO of ASBL with his forthcoming project aims to unlock the potential of the city, especially that of West Hyderabad.

BY Realty+
Published - Thursday, 12 Jun, 2025
ASBL Aims to Dispels Hyderabad Realty’s Muted Growth Narrative

Despite the slight overall real estate market slowdown in India in the recent times, Hyderabad has been contributing significantly to India’s total residential sales, highlighting its significance in real estate sector.

With its advanced infrastructure and a range of ongoing and upcoming residential projects, West Hyderabad continues to remain as one of the most lucrative areas for investment, not just within the state, but the entire country as well.

The buyer’s interest remains particularly strong in the premium and high-end segments (especially in West Hyderabad) that ASBL’s Broadway, a premium residential gated community to be launched on June 14 is strategically targeting.

Not surprisingly, the project has been receiving a remarkable response from the prospective buyers, even in the current pre-launch phase.

The project, spread over five acres in Financial District’s prime area, has recently garnered the coveted Real Estate Regulatory Authority (RERA) approval. It will feature three towers with G+50 floors, 885 luxurious 3 BHK flats ranging from 2035 to 2650 sq. ft., and will be handed over by December 2029.

Ajitesh Korupolu, Founder & CEO of ASBL, excited about the forthcoming project, remarked “Since 2015, Mercer, the globally reputed consulting firm, has consistently ranked Hyderabad as India’s most liveable city for six times. This speaks volumes about the tranquillity, safety, cosmopolitan outlook, freedom, and quality of life that this great city has been offering for several years now, and will likely continue to do so. With ASBL Broadway, we aim to unlock the potential of the city even further, especially that of West Hyderabad, as it is a location with excellent infrastructure and connectivity with leading hospitals, schools, and major business hubs, making it an ideal choice for homebuyers. In short, Broadway is a community designed specifically for those who seek limitless living, comfort, and luxury.”

While ASBL’s new series is inspired by Manhattan, a borough of New York City, the project is designed by keeping various sensibilities of Indian families in mind and will provide futuristic homes for several generations to come. The project offers a seamless integration of indoor and outdoor spaces, featuring expansive balconies framed by three-sided glass railings, which provide uninterrupted views of the city and create the perfect space to relax and unwind. This outdoor living concept offers a rare urban space that blends indoor comfort with outdoor freedom.

In addition, the project’s curtain wall design, with full floor-to-ceiling windows, offers observatory-like views of the Financial District. This feature adds a touch of luxury while enhancing the sense of space and seamlessly connecting the indoors with the outdoors. The innovative design elements work together to create a unique living experience that combines modern luxury with practicality.

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