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ASBL SPIRE

ASHOKA BUILDERS INDIA PRIVATE LIMITED

1 Tower · G + 35 Floors

RERA VerifiedCompletedMid-Premium
ASBL SPIRE

Developer

Ashoka Builders India

RERA ID

P02400002261

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RERA-Registered Project Data

RERA Verified

Total Units

394

Total Towers

1

Floors

G + 35

Unit Sizes

1,944–1,948 sqft

Price

Contact for details

Configurations

3 BHK

Possession

Ready to Move

RERA Status

Near Completion

Price Intelligence

Based on Kokapet corridor data

₹9,400–13,100/sqft
Kokapet corridor
Corridor range: ₹8,500–13,000/sqft
+7.04%+ p.a. appreciation

Estimated Unit Cost

₹1.89 Cr₹2.6 Cr

avg unit 2,013 sqft (SBA)

Launch price: ₹4,000/sqft

By Configuration

3 BHK (Standard)1,905 sqft₹1.76 Cr
3 BHK (Large)2,120 sqft₹2.20–2.50 Cr

All-in Cost Estimate

Base: ₹1.762.50 Cr (by config)
+ 20–22% (stamp duty, GST, corpus, PLC)
2.11 – ₹3.05 Cr all-in

≈ ₹9,40013,100/sqft all-inclusive. Consult advisor for floor-wise pricing.

Configurations & Unit Mix

Unit Mix (RERA data)

3 BHK
100%394 units
₹1.76 Cr · 1,905 sqft

Dominant: 3 BHKfamily end-users

Advisor Pricing Details

3 BHK (Standard)₹1.76 Cr
1,905–1,905 sqft
3 BHK (Large)₹2.20–2.50 Cr
2,120–2,120 sqft

About This Project

ASBL Spire is a premium residential project by ASBL located in the thriving locality of Kokapet, Hyderabad. This development offers spacious 3 BHK apartments and is now ready for possession, combining modern amenities with a strategic location.

WESTSIDE VIEW

Westside Realty's Expert Review of ASBL Spire ASBL Spire is a striking addition to the Kokapet skyline, offering a compelling proposition for homebuyers, particularly IT professionals and families. Its location is undoubtedly its strongest asset, placing residents within walking distance of the Kokapet SEZ and GAR IT Park, and a short drive from Gachibowli and the Financial District. The 'Ready To Move' status is a significant advantage, eliminating the uncertainties of construction delays. The project, developed by ASBL, stands tall as a single 36-floor tower, which while creating an impressive landmark, might raise concerns about resident density and lift wait times. The focus on a single 3BHK configuration simplifies the offering but limits choices for buyers seeking smaller or larger homes. Pros: • Prime Location: Excellent connectivity to Hyderabad's major IT and commercial hubs. • Ready for Possession: Immediate move-in possibility is a huge plus for buyers. • Impressive Amenities: The 24,000 sq. ft. clubhouse, swimming pool, and gym cater to a modern, active lifestyle. • Thoughtful Design: Features like 75% open space and planter boxes in each unit enhance the living experience. Potential Considerations: • High-Density Living: With 394 units in a single tower, common areas and amenities might experience heavy usage. • Limited Unit Options: The exclusive offering of 3BHK apartments may not suit all family sizes or budget requirements. In conclusion, ASBL Spire is an excellent choice for those prioritizing location and immediate possession in a premium Hyderabad locality. We recommend a site visit to experience the project's ambiance and assess if the high-rise community living aligns with your lifestyle preferences.

Project Segment
Mid-Premium
RERA Status
RERA Registered

Westside Expert Analysis

Our advisors' assessment of this project

Primary Differentiator

Outdoor Living Balconies with 50% extra width; lake-facing community

Project Segment

Mid-Premium

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5-Year Outlook

AI Projection

5-Year Appreciation

35%–40%

Estimated range

Annual CAGR

12%–16%

Corridor average

Rental Yield

3.5–4.5%

AI estimate · verify locally

Bull Case

Metro completion by 2028 + GCC office occupancy → avg price reaches ₹16,500-18,000/sqft by 2030. Land rates cross ₹200 Cr/acre. Rental yields improve to 3.5-4.0% as supply normalizes.

Bear Case

Metro delayed beyond 2030 + oversupply in 2027-2028 → temporary 5-8% price correction in mid-segment. Ultra-luxury holds. Recovery by 2029.

Amenities & Lifestyle

24,000sq ft Clubhouse

Location & Connectivity

Distances, connectivity, and neighbourhood context

View on Google Maps →
Financial District3.3 km
HITEC City5.4 km
Airport21.9 km
MetroHyderabad Metro Phase 2 Corridor V: 11.6 km Raidurg to Kokapet Neopolis extension. DPR approved, funding finalized. Stations: Biodiversity Junction, Nanakramguda, Wipro Circle, Kokapet Neopolis. Expected to add 15-30% price premium.
Key RoadsNehru ORR, Pipeline Road Widening, ORR Left-Carriageway Widening (Nanakramguda-Gachibowli), Neopolis Internal Roads
ORR ExitsKokapet, Narsingi
Kokapet
₹4,200–18,000/sqft
+7.04% YoY appreciation

Location Highlights

Monteiro's Academy The Global School - 1.1 km
Ocean Park - 1.8 km
Kokapet One - 3.3 km
Continental Hospitals - 4.2 km
Hyatt Hyderabad Gachibowli - 4.9 km
Nehru Outer Ring Road - 6.5 km
Gachibowli Stadium - 8.3 km
University of Hyderabad - 9.8 km
Raidurg Metro Station - 11.6 km
Rajiv Gandhi Intl Airport - 24.8 km
View Kokapet market report →

About the Developer

A
ASHOKA BUILDERS INDIA PRIVATE LIMITED

Market Intelligence

Bull Case
Metro completion by 2028 + GCC office occupancy → avg price reaches ₹16,500-18,000/sqft by 2030. Land rates cross ₹200 Cr/acre. Rental yields improve to 3.5-4.0% as supply normalizes.
Base Case
Steady 10-12% annual appreciation. Avg price reaches ₹14,000-15,000/sqft by 2030. Inventory absorbed in 18-24 months. Kokapet establishes as permanent luxury hub.
Bear Case
Metro delayed beyond 2030 + oversupply in 2027-2028 → temporary 5-8% price correction in mid-segment. Ultra-luxury holds. Recovery by 2029.
Risk Factors
1,635 acres historically claimed by Nawab heirs; courts upheld state ownership but intermittent claims persist. Invest only in HMDA-auctioned land (Neopolis/Golden Mile).
Gowlidoddi-Wipro Circle bottleneck adds 20-30 min during peak hours. Pipeline Road widening (₹110 Cr) and ORR expansion underway.
~8,000 luxury units hitting market simultaneously. Ultra-luxury with unique features (double-height, sky bridges) less affected.
Proximity to Gandipet/Himayatsagar lakes requires strict environmental compliance. HMWSSB integration ongoing.
Avg asking ₹11,200/sqft vs registry ₹8,579/sqft — reflects floor-rise premiums and branded developer pricing, not weakness.
Growth Catalysts
Neopolis Phase II/III Completion
Metro Phase 2 Corridor V
GCC Expansion
My Home IT Park ($2B)
Regional Ring Road

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Frequently Asked Questions

Common questions about this project

ASBL SPIRE is priced between ₹1.76 Cr and ₹2.50 Cr depending on the configuration. All-in costs including PLC, EDC, IDC, GST, and registration typically add 18–22% to the base price.