By:- Ajitesh Korupolu, Founder and CEO, ASBL
Mr. Ajitesh Korupolu, an Indian real estate leader and visionary entrepreneur, wields his expertise to drive strategic initiatives and foster growth in the industry. As the Founder and CEO of ASBL, he has transformed the company from a promising startup into a market leader in Hyderabad. With over a decade of experience, he has carved a niche by revolutionizing construction and project management through robust technological backend systems.
Under Mr. Ajitesh’s leadership, ASBL has successfully planned over 8million sq. ft. of residential projects, with annual sales rising from Rs. 1,250 crores in 2022 to Rs. 2,200 crores in 2023. He embodies the epitome of real estate innovation, blending astute business acumen with a compassionate heart, and has reshaped the real estate landscape in Hyderabad by combining tradition with cutting-edge technology and design principles. He approaches the construction and design industry with a highly scientific perspective. His pivotal move of introducing ‘Inncircles Arena’, a digital twin software, has reduced construction time by 25% and is now being adopted globally. Committed to formalizing the real estate sector, he is driven to bring multi-level improvements for seamless management and efficiency.
Mr. Korupolu has consistently advocated for happiness-centric urban developments that prioritize the well-being of residents through community spaces, mixed-use areas, walkability, and nature-integrated designs.
Mr. Ajitesh embodies a rare fusion Economics degree with a Minor in Mathematics and Philosophy from Purdue University, USA and strategic advisory acumen, he gained knowledge and a global perspective on business and real estate. His professional journey in real estate was a natural continuation of his family’s legacy, but Ajitesh was determined to introduce innovative technologies to the industry. This led to his pioneering work in the adoption of digital twin technology in construction management. Recognizing the untapped opportunities to enhance efficiency, he embarked on a mission to redefine the industry through the strategic implementation of cutting-edge technology. He became the first to introduce the concept of digital twins in Hyderabad—a technology that creates a virtual replica of a physical structure through Building Information Modeling (BIM). Understanding the transformative potential of this technology, Ajitesh set out to bridge the gap between systems, operations, and human resources in the construction process. Committed to formalizing the real estate sector, he is driven to bring multi-level improvements for seamless management and efficiency.
