
West Hyderabad’s financial district has been the epicentre of Hyderabad’s real estate boom but the spotlight is now shifting south. Ajitesh Korupolu, CEO of ASBL, says demand in the West surged due to strong commercial leasing, lifestyle amenities, and robust infrastructure. “One postal code alone financial district accounts for 25% of the city’s 50,000 annual apartment sales,” he notes.
But market momentum is gradually expanding. “The next big thing is South Hyderabad, especially the Fourth City corridor,” Ajitesh says. With over 20,000 acres earmarked for development, including 16,000 by the government and another 5,000 near the airport, the groundwork is already being laid 100-ft-wide roads, a new municipality, retail, and leisure plans. “It’s exactly what Gachibowli looked like two decades ago.”
Meanwhile, construction technology in Hyderabad has rapidly evolved. “Almost 90% of the market now uses aluminium formwork cutting per-floor construction time from 20 to 10 days and improving quality,” he explains. High-rises now promise realistic 4-year delivery cycles thanks to this transition.
Ajitesh also highlights a lifestyle shift: buyers are prioritising gated communities with safety, amenities, and childcare. “Today, working couples want more than just a flat they want wellness, security, and convenience,” he says. Some ASBL projects now include co-working spaces right next to on-site crèches. “It’s a game-changer for working mothers.”
On market cycles, Ajitesh remains pragmatic. “Post-COVID booms were fuelled by liquidity. Now, corrections are stabilising the sector making homes more affordable and growth more sustainable.”
Another change? Women are driving decisions. “Today, 85% of our buyers are dual-income couples, and women are often the primary decision-makers,” he adds.
With four active projects in the financial district, Ajitesh is still rooted in the west, but he’s betting big on the south. “We’re not speculating, we’re tracking fundamentals. South Hyderabad is where the next chapter begins.”
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