Future City Hyderabad: A Model for India’s Next-Generation Urban Growth

Hyderabad, November 8, 2025 — At the ET Now Realty Conclave & Awards – South Edition, Ajitesh Korupolu, Founder and CEO of ASBL, described Hyderabad as India’s blueprint for future urban development. Emphasizing the city’s balance of infrastructure, innovation, and inclusivity, Korupolu said Hyderabad is rapidly evolving into a model city that exemplifies what India’s next-generation cities should look like.

Real Estate: The Economic Backbone of Urban India

Highlighting the transformative role of real estate in India’s economic growth, Korupolu noted that the sector currently contributes around 8.75% of the nation’s GDP, with projections suggesting it could reach 13–15% by 2030—translating into a $1 trillion industry.

He emphasized that real estate isn’t merely about construction but about nation-building, with significant downstream effects on employment and manufacturing. “For every 1% increase in infrastructure investment, the economy generates roughly double in return, alongside over 1.3 million jobs,” he said.

Currently, the real estate and construction sector is the second-largest employer in India after agriculture, supporting nearly 71 million jobs. That figure is expected to touch 100 million by the end of the decade, according to industry projections. Additionally, over 250 allied industries—from cement and steel to logistics and design—depend on real estate demand.

Urbanisation and Income Growth

Korupolu also highlighted the income-generating potential of urban construction. Citing wage comparisons, he said the construction sector offers higher income mobility than most traditional industries.

• Average monthly wages in agriculture range between ₹9,800 and ₹11,800.

• Manufacturing wages fall between ₹16,000 and ₹20,000.

• In contrast, construction workers earn ₹27,000 to ₹35,000 on average.

“This data reflects the direct impact of urbanisation on improving livelihoods,” Korupolu remarked. “Cities like Hyderabad don’t just build homes—they build opportunities.”

Hyderabad: Redefining Urban Efficiency

The keynote also spotlighted Hyderabad’s success in achieving efficient urban mobility. According to the “Urban Rush Hour Clock” metric discussed at the event, Hyderabad ranks as India’s least congested metro city during peak hours—an indicator of effective urban planning and infrastructure management.

This has translated into higher productivity, reduced commute times, and an improved work-life balance for residents. Korupolu attributed this to strategic infrastructure investments, such as the Outer Ring Road, metro expansions, and decentralised business districts that reduce the need for long commutes.

“Hyderabad’s urban design enables growth without chaos,” he said. “It’s not just about development—it’s about developing smart.”

A Blueprint for India’s Future Cities

With India on track to become 60% urbanised by 2050, cities will play an increasingly critical role in the country’s social and economic fabric. Korupolu urged policymakers and developers to take cues from Hyderabad’s integrated development model—one that combines affordability, infrastructure, and quality of life.

“India’s future cities must go beyond skyscrapers and smart gadgets,” he said. “They must be inclusive, sustainable, and deeply human-centered—where economic opportunity meets urban livability.”

About the Vision

The “Future City Hyderabad” vision calls for data-driven governance, resilient infrastructure, and people-first planning. It emphasizes the need to integrate sustainability with growth—through renewable energy use, waste management systems, and green housing initiatives.

Hyderabad’s transformation—from a regional hub to a global investment magnet—has become a benchmark for planned urbanisation. With strong governance, technology adoption, and a people-centric approach, the city is demonstrating that India’s urban future can be both prosperous and sustainable.

Conclusion

As India prepares for its next phase of urban expansion, Hyderabad stands as a shining example of how visionary planning, infrastructure foresight, and economic inclusivity can coexist. The city’s success story is not just about modern buildings or tech parks—it’s about creating livable, equitable, and future-ready urban spaces.

Hyderabad isn’t just a city growing with time—it’s a city defining the times ahead.