Hyderabad hosted the Telangana Rising 2047 Global Summit, a high-level convergence of policymakers, industry leaders, and international experts focused on shaping the state’s long-term urban and economic development. Central to the discussions was inclusive, sustainable growth in housing, a sector recognised as pivotal for equitable urbanisation and long-term economic expansion.
A key highlight of the summit was the panel on “Investing in Inclusion: Prospects in Affordable Housing,” which featured only two Hyderabad-based developers, including Ajitesh Korupolu, Founder and CEO of ASBL. Addressing the audience, Korupolu outlined the structural and policy changes necessary to enhance affordable housing supply across economic strata, including EWS, LIG, MIG, and rental segments. He emphasised that streamlined land ownership in core city areas, especially on government-held greenfield and brownfield parcels, is critical to formalising and expanding affordable housing capacity. Industry experts note that Hyderabad’s relatively high Floor Space Index (FSI) contributes to its affordability compared with other major metros, allowing developers to offer larger, cost-effective units. Korupolu argued that future housing models must balance ownership and rental options. He suggested structured rental schemes with target yields of 7-8%, supported by global financial institutions, could meet rising demand for households earning under Rs 10-12 lakh annually, without overburdening public subsidies. Korupolu also highlighted the role of technology and construction efficiency in large-scale housing delivery. Prefabrication, he said, could become a transformative solution if complemented by decentralised manufacturing to reduce logistics costs. Training centres for construction workers were recommended to ensure workforce readiness for modern building methods.
The discussion further explored auction-based land allocation as a transparent public-private partnership (PPP) model. Korupolu noted that market-driven approaches, rather than subsidy-heavy schemes, could ensure the government does not incur losses, developers achieve financial viability, and households gain access to quality housing. He also invited innovators to collaborate with ASBL on technologies like autonomous tower cranes and automated RMC processes, citing nationwide workforce challenges. Panel participants agreed that scaling affordable housing requires collaboration across public and private sectors, focusing on land reforms, design innovation, and financial structures that unlock investment.
Insights from the summit are expected to inform Telangana’s forthcoming Affordable Housing Policy, aimed at creating inclusive, efficient, and technologically advanced urban housing solutions.
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Hyderabad Summit Highlights Inclusive Housing Strategies With ASBL CEO Ajitesh Korupolu
