Tag: Ankur Gupta

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Ashiana Housing Plans ₹800 Crore Land Acquisition in FY27

Representative AI image NEW DELHI: Ashiana Housing, a listed real estate developer focusing on senior living projects, plans to invest ₹800 crore for land acquisition across India in FY27, according to a senior executive. The sales value for bookings in senior living reached ₹570.15 crore in FY26—the highest ever for the company—marking the sale of 569 units over 7.37 lakh sq. ft. This is a significant increase from FY25, which saw ₹382.90 crore from 430 units and 5.41 lakh sq. ft. “We see a continuous demand for senior living housing, and we are actively searching for land. This year, we…

Latest StoriesResidential

Ashiana Housing Acquires 28.55 Acres in Pune for Senior Homes

Representative image NEW DELHI: Ashiana Housing has acquired 28.55 acres of land in Pune to develop a senior living housing project, expected to generate revenue of approximately Rs 1,800 crore. The company confirmed in a regulatory filing: “We have acquired approximately 28.55 acres of land on an outright purchase basis in Pune, Maharashtra.” “This marks the largest land deal by our company for a Senior Living project. The estimated saleable area is 20 lakh sq ft, with a sales value potential of Rs 1,800 crore,” the filing added. Ankur Gupta, JMD of Ashiana Housing, mentioned that the company is aiming…