With the theme ‘Shaping Tomorrow’s Real Estate Landscape’, the conclave focused on how technology, sustainability and strategic leadership are redefining growth. The awards segment recognized organizations that have demonstrated outstanding service, customer satisfaction, innovation and transformative contributions to the industry.
The Future of Indian Cities At the conclave, Ajitesh Korupolu, Founder and CEO of ASBL, presented ‘The Future of Indian Cities’, highlighting the crucial role of real estate in shaping the Indian economy. He highlighted that real estate currently contributes nearly 9% of India’s GDP and is expected to grow into a $1 trillion industry by 2030. His presentation highlighted how every 1% of GDP invested in infrastructure doubles returns and creates millions of jobs, with real estate already the second largest employer after agriculture.
Based on global and Indian examples, from Chennai’s ‘five minute city’ model to the pedestrian transformation of New York’s Times Square, which resulted in a 40% reduction in pedestrian accidents and an 11% increase in retail sales. Ajitesh outlined how planned, sustainable cities can improve quality of life, boost local economies and reduce carbon emissions.
Recognition at ET Now Realty Awards 2025 During the awards ceremony, ASBL was recognized as the fastest growing real estate company in India.
This honor not only reflects market validation but also the company’s steady rise as a brand that is reshaping the skyline of Hyderabad and redefining customer-centric real estate in India. Since its inception in 2017, the ASBL has delivered 10 million square feet of residential development, and plans to deliver a further 10 million square feet in subsequent years. It has established itself as one of the first technology-driven real estate companies in the country.
With a sharp focus on user-centered architecture, ASBL integrates design research and customer insights into every project, ensuring homes are not only functional, but also deeply aligned with what modern families aspire to.
This commitment, backed by construction technology adoption, transparency and sustainability, has driven ASBL’s consistent growth trajectory, including achieving a turnover of 1000 cr at the launch of ASBL Broadway and a turnover of 500 cr at the launch of ASBL Landmark.
Commenting on the honor, Mr. Ajitesh Korupolu said: “This recognition is a reflection of the incredible work done by the entire ASBL team. Like a winning cricket team, it is the collective effort, dedication and resilience of every member that has brought us here today. I feel fortunate to accept this award on behalf of my colleagues who work tirelessly every day to make our vision a reality. While awards are a wonderful endorsement, the real reward lies in the trust of our customers and the communities we serve building for the future.” (Disclaimer: The above press release is provided to you pursuant to an agreement with Newsvoir and you assume no editorial responsibility for it.)
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