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Hyderabad-based real estate developer ASBL has launched its latest residential project, ASBL Legacy, at RTC X Roads in Hyderabad. Spread across approximately 7.97 acres, the project will comprise three towers of G+50 floors and is expected to be completed by June 2031. The company has already received RERA registration and plans to begin bookings by the end of September. ASBL said it will invest INR 1,800 crore in construction over the next five years, in addition to the INR 400 crore already invested in the land. The project will offer three- and four-BHK homes.
ASBL has launched ASBL Legacy, a residential project spread across approximately 7.97 acres in the RTC X Roads area of Hyderabad. The project will comprise three towers rising to G+50 floors, according to Ajitesh Korupolu, CEO and Founder of ASBL.
The project has received RERA registration, with bookings scheduled to begin by the end of September. The gated community is expected to be completed by June 2031.
Ajitesh said the company has already invested INR 400 crore in the land and plans to invest a further INR 1,800 crore in developing ASBL Legacy over the next five years.
ASBL recorded net sales of INR 1,850 crore in 2025-26 and is targeting net sales of INR 2,500 crore in 2026-27.
Founded in 2017, ASBL has primarily focused on high-rise residential developments in Hyderabad. The developer has completed four projects and has three projects under construction. It has delivered 2,500 flats across its completed projects, while another 2,500 flats are currently under construction.
ASBL Legacy will offer three- and four-BHK homes, with 73.25% of the total project area designated as open space. The development will include a 74,000 square feet clubhouse and more than 50 amenities spread across approximately 1.70 lakh square feet.
The company said the project is planned to provide a gated-community format in central Hyderabad, where large residential developments are increasingly being planned around established urban locations.
ASBL is also planning an initial public offering around 2030-31, according to Ajitesh.
Source PTI
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