Award Announcement
Hyderabad‑based real estate developer ASBL announced that its Chief Executive Officer, Ajitesh Korupolu, was honoured with the Growth Leader of the Year award at the Construction Week India Awards 2026. The press release, dated Friday 9 October 2026, highlights the recognition of Korupolu’s leadership in driving growth through a data‑centric and technology‑enabled business model.
Strategic Approach
Korupolu’s philosophy, as described in the release, centres on building a real‑estate company around data, research and technology rather than relying solely on market intuition or gut feeling. He characterises the real‑estate sector as “one of the most data‑poor industries” and explains that establishing a robust data foundation, though time‑consuming, creates a sustainable competitive advantage. Data and research now inform decisions across the entire project lifecycle—from early research and design through construction to post‑handover services. The company employs technology to better understand customers, streamline decision‑making, and simplify the home‑buying and home‑ownership experience.
Community‑Centric Vision
Korupolu argues that modern homes must support work, family life and everyday convenience, prompting ASBL to focus on building communities rather than merely constructing apartments. He expands the concept to what he terms “Civilization Tech”, viewing cities as interconnected systems of homes, roads, workplaces and people. When these systems function poorly, residents lose time and face daily pressures; technology, therefore, should improve the planning and construction of the entire urban ecosystem.
Company Outlook
Under Korupolu’s leadership, ASBL continues to operate like a technology firm, leveraging digital tools to enhance customer insight, improve project outcomes, and create living spaces that are designed around the needs of occupants. The Growth Leader award is presented as validation of this data‑driven, technology‑led transformation within the Indian real‑estate sector.