ASBL Landmark Records ₹500 Crore Sales on Launch Day in Hyderabad
Hyderabad-based real estate developer ASBL achieved ₹500 crore in sales on the first day of launching ASBL Landmark in Kukatpally. Spread over 6.6 acres, the project features spacious apartments and extensive amenities. The company's growth trajectory shows rapid expansion and a dedication to innovative, high-quality urban living solutions.
- Country:
- India
Hyderabad, Sept 23, 2024: ASBL, a swiftly ascending real estate developer in Hyderabad, marked a significant achievement by recording ₹500 crore in sales on the first day of unveiling its latest venture, ASBL Landmark. This new project, located at the prominent Kukatpally 'Y' Junction, has rapidly turned into one of the city's most desirable addresses. The overwhelming response underlines the increasing demand for well-designed residential spaces tailored to modern urban lifestyles.
Spanning 6.6 acres, ASBL Landmark offers spacious 3, 3.5, and 4 BHK apartments. The development is equipped with extensive indoor amenities including a luxurious G+4 clubhouse, co-working spaces, a banquet hall, and a supermarket. Special features like Panchatantra-themed children's play area and a dedicated physiotherapy room emphasize ASBL's commitment to community-centric living.
Ajitesh Korupolu, Founder and CEO of ASBL, stated, 'At ASBL, we strive to create extraordinary living spaces. ASBL Landmark caters to the diverse demands of urban families while promoting a sense of community and connection. This project exemplifies our dedication to delivering high-quality homes that enhance the living experience for every resident. We're grateful for the trust placed in us and excited to continue transforming urban living.'
ASBL Landmark benefits from a prime location offering easy access to essential amenities including retail hubs, schools, hospitals, and IT centers. The nearby Lakeshore Mall promises an invigorating social experience, and the Balanagar metro station, located just 100 meters away, ensures excellent connectivity.
ASBL's rapid rise in Hyderabad's real estate market is driven by its innovative designs and advanced construction technologies. The developer has expanded its planned residential projects to over 8 million sq ft. Under the guidance of Mr. Korupolu, ASBL's annual sales have grown from ₹1,250 crores in 2022 to ₹2,200 crores in 2023. The launch of ASBL Landmark signifies another step forward in redefining urban living.
About ASBL: ASBL is a rapidly growing real estate company dedicated to delivering innovative, high-quality residential projects. With a strong foothold in Hyderabad's real estate landscape, ASBL constantly redefines urban living experiences through its various projects.
(With inputs from agencies.)