Project Update
ASBL Loft in Financial District: 3 BHK Towers, Pricing and Possession Timeline
ASBL Loft is a high-rise residential project in Nanakramguda, Financial District, Hyderabad, offering 3 BHK apartments across two towers on 4.92 acres. The developer announced the launch on 22 June 2023, and its own construction update put work at 90% complete as of 12 August 2026.

| Developer | Ashoka Builders India Private Limited, trading as ASBL |
|---|---|
| Location | Nanakramguda, Financial District, off Nanakramguda near Gachibowli, Hyderabad, Telangana |
| Product type | High-rise apartments, 3 BHK only, in two towers (A and B) of G+45 floors |
| Scale | 4.92 acres; 894 units reported; 76% open area |
| Unit sizes | 3 BHK super built-up area of 1,695 sq ft and 1,870 sq ft |
| Reported prices | ₹1.99 Cr (1,695 sq ft) and ₹2.20 Cr (1,870 sq ft), plus charges, per data to October 2025 |
| RERA | Telangana RERA registration P02400006761, cited on several listing portals |
| Possession | Expected by 1 June 2029 per one RERA-based listing; developer target 1 March 2027; some portals show December 2026 |
| Construction progress | 90% complete as of 12 August 2026 |
Launch and current status
The developer lists the official launch of ASBL Loft as 22 June 2023, with completion expected by 21 June 2029. Some portals give August 2023 as the launch month. Listing portals describe the project as under construction, and at least one tags it as a new launch.
Progress reported by the developer shows 90% completion as of 12 August 2026. Earlier data from October 2025 recorded structural works at 71%, external works at 30%, internal finishing at 9%, and MEP works at 35%.
Configuration and scale
The official launch statement describes 894 three-BHK apartments across two towers, A and B, each rising to G+45 floors. The site covers 4.92 acres, or about 19,900 sq m. The developer also describes the layout as low density, with two towers on generous open space.
- 3 BHK super built-up area: 1,695 sq ft and 1,870 sq ft (east and west facing units reported)
- Clubhouse of about 55,000 sq ft
- Covered amenity area close to 80,000 sq ft
Booking progress reported for October 2025 showed 288 units booked, including 32% of the 3 BHK inventory.
Pricing
The most recent band comes from SquareYards, with figures to October 2025:
| Unit | Reported price (Oct 2025) |
|---|---|
| 3 BHK, 1,695 sq ft | ₹1.99 Cr plus charges |
| 3 BHK, 1,870 sq ft | ₹2.20 Cr plus charges |
All-inclusive figures from other portals are higher. Housiey lists ₹2.13 Cr for 1,695 sq ft and ₹2.46 Cr for 1,870 sq ft, including taxes and charges. The developer's own page shows ₹2.20 Cr plus GST as an all-inclusive figure, undated. The launch price in a 2023 press release was from ₹1.57 Cr.
Price per sq ft was reported at about ₹11,150 in August 2025 and about ₹11,100 in February 2026.
Possession timeline
One RERA-based listing gives 1 June 2029. TrueHomes24 also gives June 2029. The developer's stated target is 1 March 2027. 99acres and PropertyCloud show December 2026. Buyers should check the dates in the registered project documents on the state RERA portal.
Registration
Telangana RERA registration number P02400006761 is cited on several listing portals for this project. Other numbers appear on some portals, including a MahaRERA number on the developer's site and A02200000202 on FullBasket. Neither matches the Telangana number.
Location and connectivity
The site is on Pacifica Hillcrest Main Road near Nanakramguda, in the Financial District zone of western Hyderabad. The Nehru Outer Ring Road is about 1.2 km away, reachable in about 5 minutes via ISB Road or Wipro Circle. HITEC City and Gachibowli are 10 to 15 minutes by car in normal traffic.
- Raidurg, on the operational Blue Line metro, about 4 to 5 km
- HITEC City metro station, about 6 to 8 km
- Gachibowli, about 3.9 km from the Financial District centre
- Keystone International School, about 1.2 km; Continental Hospitals, about 1.8 km
Road access to Rajiv Gandhi International Airport is via the Outer Ring Road.
Nearby office hubs include the Waverock SEZ, TSI Business Parks, Q City and an ICICI Bank campus of over 4 million sq ft.
Planned infrastructure
Several projects are planned or under way in the wider area. The Airport Express Metro is planned to pass through Khajaguda–Nanakramguda Road. A metro extension through the Financial District to Kokapet is part of the Raidurg–Kokapet Neopolis corridor and is planned but not yet under construction. The Outer Ring Road–Lanco Hills link road is under construction as Corridor 39B. The GHMC has put on hold a six-lane flyover linking Kondapur to the Outer Ring Road.
Amenities and specifications
The developer's amenities list includes a clubhouse with a swimming pool, squash court, gym, yoga and fitness centre, three badminton courts, a multi-sports turf, a 5,000 sq ft creche within a 22,000 sq ft childcare zone, a 5,500 sq ft business centre, a supermarket, an ATM and a medical day-care facility. Outdoor features include an amphitheatre, a pet's park, jogging and bicycle loops, and a reflective waterbody.
Listed specifications include 800 x 800 mm vitrified tiles in flats, Grohe or equivalent fittings, Duravit or equivalent sanitaryware, and 10 passenger lifts and 2 service lifts per tower. Rainwater harvesting, a sewage treatment plant, 24x7 security, CCTV, and EV charging points in the basement are also listed. Each flat has a room-sized balcony based on biophilic design, and the floor-to-ceiling height is listed as 10 ft 5 in.
Market context
Nanakramguda prices have risen steadily. Reported average prices were ₹6,850 per sq ft in 2019, ₹10,500 in 2023, ₹11,500 in 2024 and ₹11,450 in 2025. The Financial District average asking price is listed at ₹10,800 per sq ft, undated.
Comparable projects in the area include ASBL Spectra in Nanakramguda at ₹2.05 to 2.28 Cr (updated 21 September 2026), ASBL Spire in Kokapet at ₹1.81 to 2.12 Cr, and ASBL Broadway in the Financial District at ₹2.50 to 3.20 Cr. Rents for 2 BHK units in ASBL Loft are listed from ₹16,500 per month, and a third-party estimate puts gross rental yields on premium 3 BHKs in the Financial District at about 3 to 4%.
About the developer
ASBL is an off-shoot of Ashoka Builders, which says it has worked in the sector for 27 years. The company was founded in 2016 and is led by Ajitesh Korupolu, Founder and CEO. Its headquarters are at SS Tech Park, adjacent to DLF Cybercity, Hyderabad. The company says it has developed over 1.5 million sq ft of residential projects in Hyderabad within three years, across Khajaguda, Manikonda, Pocharam, Narsingi and other areas. Its other projects include ASBL Spire (Kokapet), ASBL Spectra (Nanakramguda), ASBL Lakeside (Manikonda), ASBL Springs (Pocharam), ASBL Landmark (Kukatpally) and ASBL Broadway (Financial District).
Frequently asked questions
Is ASBL Loft a launched project?
The developer lists the official launch as 22 June 2023, and reports construction at 90% complete as of 12 August 2026. Listing portals describe it as under construction.
What configurations does ASBL Loft offer?
The official launch statement describes 3 BHK apartments only, with super built-up areas of 1,695 sq ft and 1,870 sq ft.
What is the price of ASBL Loft?
SquareYards reported ₹1.99 Cr for 1,695 sq ft and ₹2.20 Cr for 1,870 sq ft, plus charges, with data to October 2025. All-inclusive prices on other portals are higher.
When is possession expected?
Sources differ. The developer's stated target is 1 March 2027. Some portals show December 2026, and a RERA-based listing gives 1 June 2029.
How far is ASBL Loft from the metro?
Raidurg on the operational Blue Line is about 4 to 5 km away, and HITEC City station is about 6 to 8 km away.