NEW DELHI: Ashiana Housing is set to allocate ₹425 crore for senior living initiatives during FY26. This budget will cover landowner payouts, construction, execution costs, and other project expenses.
A substantial part of this budget is targeted at expanding their senior living offerings, with plans to enter the Mumbai, Bengaluru, and Delhi-NCR markets.
In FY25, the company invested ₹213 crore in senior living and recorded a booking value of ₹382 crore.
“This year, we aim to launch five new phases in our existing senior living projects, which will encompass roughly 5.71 lakh sq ft of saleable area,” stated Ankur Gupta, joint managing director of the company. Last year, they developed approximately 5.38 lakh sq ft in this segment.
Ashiana Housing reported a booking value of ₹382 crore in senior living for FY25 and is targeting around ₹450 crore this year. Currently, this segment constitutes over 30% of the company’s residential portfolio.
The company has nine ongoing projects: three in Bhiwadi (NCR), three in Chennai, and one each in Jaipur, Pune, and Lavasa (Pune). They are now looking to expand their presence in Bengaluru and Mumbai.
